SHE:001379 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	Dec '21 Dec 31, 2021
Cash & Equivalents	771.84	670.41	455.95	304.14	500.04	191.87
Short-Term Investments	-	-	142.84	-	-	-
Trading Asset Securities	25	141.21	100.03	-	-	-
Cash & Short-Term Investments	796.84	811.62	698.82	304.14	500.04	191.87
Cash Growth	59.57%	16.14%	129.77%	-39.18%	160.61%	227.68%
Accounts Receivable	230.54	255.86	200.27	166.54	204.16	152.9
Other Receivables	23.35	20.53	28.83	13.99	23.83	29.95
Receivables	253.88	276.39	229.11	180.53	227.99	182.85
Inventory	629.6	722.04	567.58	456.93	438.96	427.59
Prepaid Expenses	-	-	0	0.04	0.04	0.05
Other Current Assets	78.99	165.91	59.66	37.92	41.61	42.5
Total Current Assets	1,759	1,976	1,555	979.56	1,209	844.86
Property, Plant & Equipment	536.03	551.65	482.45	341.18	301.38	303.26
Long-Term Investments	0.3	0.3	0.3	-	-	-
Goodwill	13.54	13.54	-	-	-	-
Other Intangible Assets	90.81	64.88	66.19	67.01	68.68	56.88
Long-Term Deferred Tax Assets	38.56	41.13	40.36	26.81	22.71	17.56
Long-Term Deferred Charges	6.38	6.85	1.63	-	-	-
Other Long-Term Assets	16.79	4.75	11.58	2.8	2.11	13.86
Total Assets	2,462	2,659	2,158	1,417	1,604	1,236
Accounts Payable	652.04	833.77	383.8	550.15	704.4	370.72
Accrued Expenses	22.09	28.55	28.08	22.88	23.38	18.54
Short-Term Debt	32.64	75.98	61.83	17.16	12.19	43.03
Current Portion of Long-Term Debt	3.28	4.48	-	1.66	135.14	10.01
Current Portion of Leases	-	-	1.55	1.79	1.78	1.61
Current Income Taxes Payable	12.56	3.88	9.13	8.94	17.88	20.42
Current Unearned Revenue	10.96	9.72	5.84	6.39	5.78	8.9
Other Current Liabilities	59.04	43.76	71.05	16.56	23.47	19.23
Total Current Liabilities	792.62	1,000	561.28	625.54	924.02	492.47
Long-Term Debt	0.02	0.02	-	10.2	-	145.15
Long-Term Leases	7.54	8.78	1.4	2.02	3.59	4.9
Long-Term Unearned Revenue	85.78	87.37	92.71	97.86	80.16	74
Long-Term Deferred Tax Liabilities	43.06	44.04	41.21	29.53	29.34	30.62
Other Long-Term Liabilities	0.19	0.21	-	-	-	-
Total Liabilities	929.21	1,141	696.59	765.15	1,037	747.14
Common Stock	200	200	200	150	150	150
Additional Paid-In Capital	842.72	842.72	842.72	125	125	125
Retained Earnings	446.61	433.24	401.38	360.75	275.15	200.23
Comprehensive Income & Other	19.87	20.45	16.24	16.46	16.25	14.05
Total Common Equity	1,509	1,496	1,460	652.21	566.4	489.28
Minority Interest	23.31	22.06	0.73	-	-	-
Shareholders' Equity	1,533	1,518	1,461	652.21	566.4	489.28
Total Liabilities & Equity	2,462	2,659	2,158	1,417	1,604	1,236
Total Debt	43.48	89.27	64.77	32.83	152.7	204.72
Net Cash (Debt)	753.36	722.35	634.05	271.31	347.34	-12.85
Net Cash Growth	76.41%	13.93%	133.70%	-21.89%	-	-
Net Cash Per Share	3.81	3.62	3.23	1.81	2.32	-0.09
Filing Date Shares Outstanding	200.22	198.41	200	200	150	150
Total Common Shares Outstanding	200.22	198.41	200	150	150	150
Working Capital	966.7	975.8	993.88	354.02	284.62	352.4
Book Value Per Share	7.54	7.54	7.30	4.35	3.78	3.26
Tangible Book Value	1,405	1,418	1,394	585.2	497.72	432.4
Tangible Book Value Per Share	7.02	7.15	6.97	3.90	3.32	2.88
Buildings	-	-	308.76	199.55	196.9	196.84
Machinery	-	-	345.62	256.92	245.91	224.52
Construction In Progress	-	-	31.92	58.68	4.67	-

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