SHE:001279 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	284.72	451.37	321.61	131.87	187.95	61.2
Short-Term Investments	-	21.75	-	-	-	-
Trading Asset Securities	186.94	134.22	110	-	-	3.02
Cash & Short-Term Investments	471.66	607.34	431.61	131.87	187.95	64.22
Cash Growth	1.24%	40.72%	227.29%	-29.84%	192.65%	251.69%
Accounts Receivable	469.3	466.88	465.31	458.55	474.47	488.3
Other Receivables	11.45	8.5	10.19	5.27	6.79	7.2
Receivables	480.76	475.38	475.51	463.82	481.26	495.5
Inventory	249.88	225.85	200.64	171.94	176.44	169.71
Prepaid Expenses	-	-	-	4.16	1.95	0.57
Other Current Assets	59.38	22.47	6.24	16.62	22.02	9.19
Total Current Assets	1,262	1,331	1,114	788.42	869.61	739.2
Property, Plant & Equipment	224.42	209.25	130.09	131.05	137.52	152.2
Long-Term Investments	19.22	19.09	13.08	10.52	9	8.66
Goodwill	18.74	18.74	-	-	-	-
Other Intangible Assets	33.29	33.95	12.6	11.97	12.27	10.61
Long-Term Deferred Tax Assets	4.5	3.64	2.77	2.95	2.98	2.66
Long-Term Deferred Charges	4.33	3.98	2.86	4.8	6.96	2.78
Other Long-Term Assets	109.4	119.09	8.62	1.61	4.1	2.95
Total Assets	1,676	1,739	1,284	951.32	1,042	919.05
Accounts Payable	491.88	560.74	121.28	101.23	201.5	99.22
Accrued Expenses	7.67	20.35	19.58	17.88	23.76	21.73
Short-Term Debt	-	11.66	-	40.03	118.4	157.49
Current Portion of Leases	7.65	7.58	2.87	2.76	2.77	3.07
Current Income Taxes Payable	1.83	0.73	1.89	4.47	1.56	2.1
Current Unearned Revenue	41.41	29.37	7.69	15.63	12.61	16.48
Other Current Liabilities	62.48	63.81	148.2	196.19	215.64	257.2
Total Current Liabilities	612.92	694.24	301.51	378.19	576.23	557.29
Long-Term Leases	19.23	20.62	4.1	7.36	1.99	4.45
Long-Term Unearned Revenue	1.89	2.01	2.48	2.95	3.46	4.01
Long-Term Deferred Tax Liabilities	5.23	5.42	-	-	-	-
Other Long-Term Liabilities	2.46	2.16	-	-	-	-
Total Liabilities	654.33	724.44	308.09	388.5	581.69	565.75
Common Stock	160	160	160	120	120	120
Additional Paid-In Capital	495.8	493.66	485.09	194.3	185.73	177.17
Retained Earnings	360.83	354.36	330.84	248.52	155.02	56.13
Comprehensive Income & Other	1.76	1.71	-	-	-	-
Total Common Equity	1,018	1,010	975.93	562.82	460.76	353.3
Minority Interest	2.87	4.61	-	-	-	-
Shareholders' Equity	1,021	1,014	975.93	562.82	460.76	353.3
Total Liabilities & Equity	1,676	1,739	1,284	951.32	1,042	919.05
Total Debt	39.49	39.86	6.97	50.16	123.16	165.01
Net Cash (Debt)	432.17	567.48	424.64	81.71	64.78	-100.79
Net Cash Growth	-5.97%	33.64%	419.66%	26.13%	-	-
Net Cash Per Share	2.70	3.55	3.35	0.68	0.54	-0.89
Filing Date Shares Outstanding	160	160	160	120	120	120
Total Common Shares Outstanding	160	160	160	120	120	120
Working Capital	648.76	636.8	812.49	410.23	293.38	181.9
Book Value Per Share	6.36	6.31	6.10	4.69	3.84	2.94
Tangible Book Value	966.34	957.03	963.33	550.86	448.49	342.69
Tangible Book Value Per Share	6.04	5.98	6.02	4.59	3.74	2.86
Buildings	-	105.19	75.16	75.16	75.37	75.37
Machinery	-	189.17	160.98	148.65	146.22	154.49
Construction In Progress	-	22.21	5.86	3.95	1.45	1.38