SHE:001356 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	207.04	144.87	176.68	154.89	100.42	100.63
Trading Asset Securities	12.03	51.44	-	-	1.53	1.82
Cash & Short-Term Investments	219.07	196.31	176.68	154.89	101.96	102.45
Cash Growth	-66.41%	11.11%	14.07%	51.92%	-0.48%	49.89%
Accounts Receivable	313.52	314.89	275.91	234.98	227.11	167.24
Other Receivables	34.93	33.53	15.17	15.44	10.98	9.22
Receivables	348.45	348.41	291.08	250.43	238.08	176.46
Inventory	571.93	540.12	449.53	403.34	325.96	301.57
Prepaid Expenses	-	-	0.02	-	-	0
Other Current Assets	93.22	90.23	71.98	44.67	34.15	29.85
Total Current Assets	1,233	1,175	989.3	853.32	700.15	610.33
Property, Plant & Equipment	1,342	1,277	823.36	775.73	720.03	591.41
Other Intangible Assets	177.94	181.52	181.23	101.63	103.51	104.93
Long-Term Deferred Tax Assets	15.71	16.12	11.75	9.61	9.04	4.1
Long-Term Deferred Charges	6.17	5.79	6.3	8.35	10.07	11.95
Other Long-Term Assets	40.81	53.48	12.08	13.12	6.09	19.46
Total Assets	2,815	2,709	2,024	1,762	1,549	1,342
Accounts Payable	284.1	291.26	247.46	279.72	158.24	162.94
Accrued Expenses	30.53	91.9	80.06	69.46	47.27	34.87
Short-Term Debt	140.39	-	148.16	173.91	150.56	253.53
Current Portion of Long-Term Debt	10.36	0.12	-	-	20.99	11.81
Current Portion of Leases	-	12	13.94	5.66	11.24	6.01
Current Income Taxes Payable	30.74	23.4	17.29	8.08	14.44	2.33
Current Unearned Revenue	14.24	13.62	14.25	10.98	17.74	10.9
Other Current Liabilities	33.21	6.44	51.21	3.63	4.28	6.15
Total Current Liabilities	543.57	438.75	572.38	551.44	424.77	488.55
Long-Term Debt	136	136	-	-	150.78	145.8
Long-Term Leases	31.56	23.63	32.58	7.61	7.99	16.99
Long-Term Unearned Revenue	55.13	56.94	68.44	75.48	60.76	61.62
Long-Term Deferred Tax Liabilities	14.71	14.88	27.83	26.6	21.49	6.74
Total Liabilities	780.97	670.2	701.22	661.13	665.79	719.71
Common Stock	589.32	589.32	441.99	441.99	441.99	441.99
Additional Paid-In Capital	638.27	637.86	105.54	103.89	101.7	100.03
Retained Earnings	857.99	843.23	774.1	554	338.33	82.95
Comprehensive Income & Other	-49.12	-29.59	3.54	1.96	1.67	-1.98
Total Common Equity	2,036	2,041	1,325	1,102	883.69	622.98
Minority Interest	-2.29	-2.28	-2.37	-1.21	-0.6	-0.51
Shareholders' Equity	2,034	2,039	1,323	1,101	883.09	622.47
Total Liabilities & Equity	2,815	2,709	2,024	1,762	1,549	1,342
Total Debt	318.31	171.76	194.69	187.18	341.56	434.15
Net Cash (Debt)	-99.24	24.56	-18.01	-32.29	-239.6	-331.7
Net Cash Per Share	-0.17	0.04	-0.04	-0.07	-0.54	-0.77
Filing Date Shares Outstanding	589.32	589.32	589.32	441.99	440.31	441.99
Total Common Shares Outstanding	589.32	589.32	441.99	441.99	440.31	441.99
Working Capital	689.1	736.33	416.92	301.88	275.38	121.78
Book Value Per Share	3.46	3.46	3.00	2.49	2.01	1.41
Tangible Book Value	1,859	1,859	1,144	1,000	780.18	518.05
Tangible Book Value Per Share	3.15	3.15	2.59	2.26	1.77	1.17
Buildings	-	734.57	487.46	471.66	373.99	297.32
Machinery	-	681.2	641.2	599.61	511.52	382.18
Construction In Progress	-	223.33	46.27	15.32	73.89	91.86