SHE:002801 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	Jan '22 Jan 1, 2022
Cash & Equivalents	760.83	556.55	623.44	505.02	288.87	174.47
Trading Asset Securities	195.44	327.06	128.26	256.35	691.31	732.14
Cash & Short-Term Investments	956.27	883.61	751.71	761.36	980.18	906.61
Cash Growth	24.73%	17.55%	-1.27%	-22.32%	8.12%	18.93%
Accounts Receivable	319.64	303.04	307.83	268.32	223.96	230.25
Other Receivables	4.86	1.57	11.74	8.26	3.6	2.78
Receivables	324.5	304.61	319.57	276.58	227.56	233.03
Inventory	243.13	188.75	197.12	140.54	178.26	160.81
Other Current Assets	17.77	15.09	13.96	9.73	4.79	3.28
Total Current Assets	1,542	1,392	1,282	1,188	1,391	1,304
Property, Plant & Equipment	663.13	661.66	574.52	379.63	177.94	158.6
Long-Term Investments	107.63	127.72	124.29	127.7	109.49	89.5
Goodwill	-	-	-	-	1.61	-
Other Intangible Assets	66.98	67.63	69.31	68.85	70.47	28.18
Long-Term Deferred Tax Assets	59.11	41.32	51.32	34.79	6.23	3.37
Long-Term Deferred Charges	-	-	-	-	0.58	-
Other Long-Term Assets	3.02	0.46	7.38	0.51	13.88	0.89
Total Assets	2,442	2,291	2,109	1,800	1,771	1,584
Accounts Payable	291.18	271.37	335.97	219.05	146.94	165.18
Accrued Expenses	18.45	44.54	43.21	35.38	33.48	32.67
Current Portion of Leases	-	-	-	-	1.71	-
Current Income Taxes Payable	29.3	0.7	13.77	9.9	9.45	10.71
Current Unearned Revenue	36.83	39.43	42.26	24.4	27.93	27.06
Other Current Liabilities	12.75	9.33	8.6	6.34	6.04	6.32
Total Current Liabilities	388.51	365.36	443.82	295.06	225.56	241.93
Long-Term Leases	-	-	-	-	3.58	-
Long-Term Unearned Revenue	11.08	11.5	10.96	8.63	7.12	5.33
Long-Term Deferred Tax Liabilities	-	-	-	-	1.06	0.31
Total Liabilities	399.59	376.86	454.78	303.69	237.32	247.57
Common Stock	229.63	229.63	229.63	229.63	229.63	229.63
Additional Paid-In Capital	115.06	115.06	115.06	115.06	115.06	115.06
Retained Earnings	1,732	1,594	1,344	1,191	1,185	991.98
Treasury Stock	-44.88	-44.88	-44.88	-44.88	-	-
Comprehensive Income & Other	9.69	19.9	10.9	4.82	2.94	-
Total Common Equity	2,042	1,914	1,654	1,496	1,533	1,337
Minority Interest	-	-	-	-	0.92	-
Shareholders' Equity	2,042	1,914	1,654	1,496	1,534	1,337
Total Liabilities & Equity	2,442	2,291	2,109	1,800	1,771	1,584
Total Debt	-	-	-	-	5.29	-
Net Cash (Debt)	956.27	883.61	751.71	761.36	974.89	906.61
Net Cash Growth	24.73%	17.55%	-1.27%	-21.90%	7.53%	18.93%
Net Cash Per Share	4.17	3.86	3.27	3.33	4.24	3.96
Filing Date Shares Outstanding	230.24	227.59	227.59	227.59	229.63	229.63
Total Common Shares Outstanding	230.24	227.59	227.59	227.59	229.63	229.63
Working Capital	1,153	1,027	838.53	893.16	1,165	1,062
Book Value Per Share	8.87	8.41	7.27	6.57	6.67	5.82
Tangible Book Value	1,975	1,846	1,585	1,427	1,461	1,309
Tangible Book Value Per Share	8.58	8.11	6.96	6.27	6.36	5.70
Land	-	28.4	27.14	26.47	-	-
Buildings	-	251.8	243.41	129.31	129.17	127.54
Machinery	-	223.81	191.72	170.51	161.04	130.63
Construction In Progress	-	354.48	281.41	199.28	7.57	2.73

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