SHE:001256 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	170.33	132.78	129.26	368.78	699.75	242.77
Short-Term Investments	-	148.3	50.43	71.28	1.38	-
Trading Asset Securities	57.12	20.1	66.3	50.5	-	-
Cash & Short-Term Investments	227.45	301.18	245.99	490.56	701.13	242.77
Cash Growth	-23.28%	22.44%	-49.85%	-30.03%	188.81%	37.83%
Accounts Receivable	32.9	36.9	31.32	11.19	12.31	8.12
Other Receivables	4.68	8.96	2.89	5	6.1	4.17
Receivables	37.58	45.87	34.21	16.2	18.4	12.44
Inventory	257.31	228.01	178.79	155.67	123.08	161.59
Other Current Assets	312.18	219.75	238.27	11	7.83	9.23
Total Current Assets	834.51	794.81	697.26	673.42	850.44	426.03
Property, Plant & Equipment	274.43	275.95	274.13	273.58	253.38	201.82
Long-Term Investments	-	344.68	387.34	361.3	-	-
Other Intangible Assets	44	44.32	45.68	41.57	42.2	43.25
Long-Term Deferred Tax Assets	0.33	0.61	0.78	0.19	-	0.9
Other Long-Term Assets	577.19	208.62	149.59	3.6	0.43	1.55
Total Assets	1,730	1,669	1,555	1,354	1,146	673.54
Accounts Payable	130.65	129.28	97.07	103.47	42.84	50.81
Accrued Expenses	7.53	18.9	15.81	13.43	14.7	9.96
Short-Term Debt	163.73	126.63	182.91	47.35	-	-
Current Portion of Leases	-	-	-	-	0.14	-
Current Income Taxes Payable	21.4	15.83	3.14	2.84	1.49	3.25
Current Unearned Revenue	53.9	56.78	53.76	57.47	29.96	61.91
Other Current Liabilities	32.6	38.62	42.48	7.28	3.54	7.01
Total Current Liabilities	409.81	386.04	395.18	231.84	92.68	132.94
Long-Term Leases	-	-	-	-	0.06	0.19
Long-Term Unearned Revenue	1.43	1.5	1.8	2.09	2.7	0.14
Long-Term Deferred Tax Liabilities	7.62	8.69	11.66	8.1	6.1	3.21
Other Long-Term Liabilities	-	-	-	-	1.13	1.13
Total Liabilities	418.86	396.23	408.63	242.03	102.66	137.62
Common Stock	142.61	142.61	142.61	142.61	142.61	106.96
Additional Paid-In Capital	703.6	702.95	690.44	692.02	685.29	283.53
Retained Earnings	479.12	441.52	336.88	274.73	215.7	145.43
Treasury Stock	-20.45	-20.45	-27.9	-	-	-
Comprehensive Income & Other	6.72	6.13	4.11	2.27	0.19	-
Shareholders' Equity	1,312	1,273	1,146	1,112	1,044	535.93
Total Liabilities & Equity	1,730	1,669	1,555	1,354	1,146	673.54
Total Debt	163.73	126.63	182.91	47.35	0.19	0.19
Net Cash (Debt)	63.72	174.56	63.08	443.21	700.94	242.58
Net Cash Growth	0.02%	176.72%	-85.77%	-36.77%	188.96%	37.72%
Net Cash Per Share	0.46	1.23	0.45	3.09	6.41	2.27
Filing Date Shares Outstanding	141.86	141.86	141.86	142.61	142.61	106.96
Total Common Shares Outstanding	141.86	141.86	141.86	142.61	142.61	106.96
Working Capital	424.7	408.77	302.08	441.58	757.77	293.09
Book Value Per Share	9.25	8.97	8.08	7.79	7.32	5.01
Tangible Book Value	1,268	1,228	1,100	1,070	1,002	492.68
Tangible Book Value Per Share	8.94	8.66	7.76	7.50	7.02	4.61
Buildings	-	248.96	248.84	248.84	192.77	36.79
Machinery	-	123.65	119.42	88.57	82.75	58.17
Construction In Progress	-	21.86	-	8.3	32.11	147.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.