SHE:001380 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	335.44	367.3	205.96	521.72	141.02	49.52
Short-Term Investments	-	-	-	-	6.97	18.7
Trading Asset Securities	172.36	185.81	279.64	256.63	0.7	1.03
Cash & Short-Term Investments	507.8	553.11	485.6	778.35	148.68	69.24
Cash Growth	22.33%	13.90%	-37.61%	423.50%	114.72%	23.40%
Accounts Receivable	1,107	1,288	1,312	807.22	499.24	419.77
Other Receivables	11.4	22.62	16.24	12.53	9.88	7.09
Receivables	1,119	1,310	1,328	819.75	509.12	426.86
Inventory	306.82	261.5	253.32	192.65	142.59	112.54
Other Current Assets	70.47	91.51	40.79	41.68	32.03	12.84
Total Current Assets	2,004	2,216	2,108	1,832	832.42	621.49
Property, Plant & Equipment	677.02	599.28	469.17	375.8	233.99	216.84
Long-Term Investments	5	5	-	-	-	-
Other Intangible Assets	169.47	151.14	121.92	91.67	33.04	34.31
Long-Term Accounts Receivable	-	0.04	0.06	0.06	0.06	0.17
Long-Term Deferred Tax Assets	4.53	4.55	1.13	3.43	2.35	0.55
Long-Term Deferred Charges	0.73	0.8	0.61	-	0.04	0.08
Other Long-Term Assets	27.91	21.7	10.98	15.05	6.52	3.43
Total Assets	2,888	2,999	2,712	2,318	1,108	876.87
Accounts Payable	667.15	763.31	753.92	614.05	340.39	224.38
Accrued Expenses	26.61	60.14	44.64	26.67	25.86	21.93
Short-Term Debt	80.5	111.39	125	82	41.05	100.74
Current Portion of Long-Term Debt	2.01	-	-	-	49.67	-
Current Portion of Leases	-	1.37	1.12	0.99	0.57	0.36
Current Income Taxes Payable	39.62	28.57	13.06	13.79	9.28	0.4
Current Unearned Revenue	8.63	8.61	2.42	1.64	1.06	1.83
Other Current Liabilities	15.08	18.62	30.6	6.49	14.77	29.67
Total Current Liabilities	839.59	992.01	970.77	745.62	482.65	379.32
Long-Term Debt	-	-	-	25.03	33.04	-
Long-Term Leases	2.8	1.86	1.27	1.87	1.32	0.92
Long-Term Unearned Revenue	6.51	6.99	8.97	9.93	8.92	8.61
Long-Term Deferred Tax Liabilities	18.84	20.15	16.41	7.98	7.19	7.09
Other Long-Term Liabilities	6.29	5.81	4.35	3.28	2.51	1.56
Total Liabilities	874.03	1,027	1,002	793.7	535.62	397.51
Common Stock	270.85	270.85	183.01	128.88	96.66	96.66
Additional Paid-In Capital	762.84	761.45	845.52	903.38	119.93	119.93
Retained Earnings	925.39	883.68	663.5	475.75	346.47	253.11
Treasury Stock	-	-	-11.49	-	-	-
Comprehensive Income & Other	7.09	12.02	8.22	3.68	0.37	-
Total Common Equity	1,966	1,928	1,689	1,512	563.44	469.7
Minority Interest	48.09	44.01	21.26	13.06	9.35	9.66
Shareholders' Equity	2,014	1,972	1,710	1,525	572.79	479.36
Total Liabilities & Equity	2,888	2,999	2,712	2,318	1,108	876.87
Total Debt	85.31	114.62	127.39	109.89	125.65	102.03
Net Cash (Debt)	422.48	438.5	358.2	668.45	23.03	-32.78
Net Cash Growth	27.66%	22.41%	-46.41%	2802.10%	-	-
Net Cash Per Share	1.55	1.63	1.33	2.75	0.11	-0.16
Filing Date Shares Outstanding	278.03	270.85	269.35	270.85	203.14	203.14
Total Common Shares Outstanding	278.03	270.85	269.35	270.85	203.14	203.14
Working Capital	1,164	1,224	1,137	1,087	349.77	242.16
Book Value Per Share	7.07	7.12	6.27	5.58	2.77	2.31
Tangible Book Value	1,797	1,777	1,567	1,420	530.4	435.39
Tangible Book Value Per Share	6.46	6.56	5.82	5.24	2.61	2.14
Buildings	-	247.99	158.57	146.44	101.88	101.88
Machinery	-	633.47	488.86	386.15	290.63	254.36
Construction In Progress	-	45.66	62.17	41.24	13.57	4.84

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