SHE:001400 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	333.68	324.08	115	203.38	111.04	79.15
Trading Asset Securities	110.68	160.53	-	0.09	-	-
Cash & Short-Term Investments	444.35	484.61	115	203.46	111.04	79.15
Cash Growth	350.44%	321.40%	-43.48%	83.24%	40.29%	-27.92%
Accounts Receivable	240.38	309.65	340.1	301.19	281.8	281.26
Other Receivables	86.47	17.35	11.65	6.6	7.47	32.18
Receivables	326.85	326.99	351.75	307.79	289.27	313.44
Inventory	260.27	268.89	240.92	250.62	247.94	252.98
Other Current Assets	47.73	39.61	52.48	24.04	23.17	12.84
Total Current Assets	1,079	1,120	760.15	785.91	671.41	658.42
Property, Plant & Equipment	543.59	549.96	460.88	355.25	253.31	128.94
Long-Term Investments	74.25	23.42	-	-	-	-
Other Intangible Assets	226.12	227.08	234.55	77.03	79.83	15.92
Long-Term Deferred Tax Assets	18.2	18.86	13.23	8.55	10.17	4.99
Long-Term Deferred Charges	19.42	19.6	9.8	8.38	5.77	6.59
Other Long-Term Assets	60.39	16.32	12.51	25.23	15.33	14.47
Total Assets	2,021	1,975	1,491	1,260	1,036	829.34
Accounts Payable	309.11	278.59	294.05	345.05	323.83	231.8
Accrued Expenses	32.5	36.41	38.7	39.03	48.55	32.95
Short-Term Debt	220.13	190.13	199.16	49.05	54.06	80.11
Current Portion of Long-Term Debt	-	-	6.57	-	-	-
Current Portion of Leases	-	4.48	1.23	-	-	-
Current Income Taxes Payable	13.88	5.58	14.67	10.61	4.66	4.29
Current Unearned Revenue	103.07	152.14	158.01	213.39	179.78	203.37
Other Current Liabilities	22.58	22.23	9.4	19.01	16.17	21.68
Total Current Liabilities	701.26	689.56	721.78	676.14	627.04	574.2
Long-Term Debt	-	-	13.06	9.81	-	-
Long-Term Leases	0.72	4.35	0.26	0.22	0.59	0.85
Long-Term Unearned Revenue	29.52	29.9	22.1	9.79	2.16	2.49
Long-Term Deferred Tax Liabilities	5.79	5.84	5.91	6.78	7.58	0.52
Other Long-Term Liabilities	-	-	13.5	12.55	10.44	8.8
Total Liabilities	737.3	729.66	776.62	715.29	647.82	586.87
Common Stock	60	60	45	45	45	45
Additional Paid-In Capital	557.7	557.71	74.65	60.1	48.73	41.77
Retained Earnings	665.57	628	594.84	439.97	294.27	155.69
Comprehensive Income & Other	-0.14	-0.01	-	-0	-0	-
Total Common Equity	1,283	1,246	714.49	545.07	388.01	242.47
Minority Interest	0.73	-0.01	-	-	-	-
Shareholders' Equity	1,284	1,246	714.49	545.07	388.01	242.47
Total Liabilities & Equity	2,021	1,975	1,491	1,260	1,036	829.34
Total Debt	220.86	198.96	220.29	59.08	54.65	80.96
Net Cash (Debt)	223.5	285.65	-105.29	144.38	56.39	-1.81
Net Cash Growth	-	-	-	156.04%	-	-
Net Cash Per Share	2.72	3.71	-1.67	2.29	0.90	-0.03
Filing Date Shares Outstanding	84	84	63	63	63	63
Total Common Shares Outstanding	84	84	63	63	63	63
Working Capital	377.94	430.54	38.36	109.78	44.37	84.22
Book Value Per Share	15.28	14.83	11.34	8.65	6.16	3.85
Tangible Book Value	1,057	1,019	479.94	468.04	308.17	226.54
Tangible Book Value Per Share	12.58	12.13	7.62	7.43	4.89	3.60
Buildings	-	290.92	222.21	-	-	-
Machinery	-	408.46	376.8	-	-	-
Construction In Progress	-	64.93	42.66	-	-	-