SHE:003008 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	237.75	152.53	93.65	82.21	183.7	146.03
Trading Asset Securities	450.53	530.33	600.66	586.12	450.82	506.25
Cash & Short-Term Investments	688.28	682.87	694.3	668.33	634.52	652.28
Cash Growth	-1.48%	-1.65%	3.89%	5.33%	-2.72%	-5.09%
Accounts Receivable	37.68	41.26	27.55	25.21	15.31	12.4
Other Receivables	1	0.81	0.97	0.44	0.18	0.13
Receivables	38.68	42.07	28.52	25.65	15.49	12.52
Inventory	2.34	1.59	2.67	3.1	2.8	1.82
Other Current Assets	2.79	1.68	9.9	11.05	8.58	12.44
Total Current Assets	732.09	728.21	735.39	708.13	661.39	679.05
Property, Plant & Equipment	348.38	357.55	385.29	411.55	441.47	349.45
Long-Term Investments	1.07	1.05	0.94	0.83	2.16	1.76
Other Intangible Assets	24.69	24.99	26.1	25.81	26.45	26.28
Long-Term Deferred Tax Assets	0.52	0.61	0.58	1.15	0.82	0.61
Long-Term Deferred Charges	0.22	0.27	0.46	0.65	0.83	-
Other Long-Term Assets	5.37	5.66	7.89	7.73	6.66	21.43
Total Assets	1,112	1,118	1,157	1,156	1,140	1,079
Accounts Payable	18.07	17.85	26.04	36.9	55.04	33.54
Accrued Expenses	3.5	17.7	17.45	15.99	13.03	10.49
Current Portion of Leases	0.2	0.2	0.18	0.17	0.16	0.14
Current Income Taxes Payable	4.06	3.64	-	12.56	0.71	1.08
Current Unearned Revenue	15.72	14.64	17.24	18.6	16.83	9.6
Other Current Liabilities	1.26	1.62	16.34	0.78	1.88	0.7
Total Current Liabilities	42.81	55.65	77.25	85	87.64	55.55
Long-Term Leases	0.03	0.08	0.28	0.46	0.63	0.79
Long-Term Unearned Revenue	0.61	0.69	1.01	1.35	1.69	1.99
Long-Term Deferred Tax Liabilities	0.11	0.11	0.49	0.97	0.55	-
Total Liabilities	43.57	56.54	79.03	87.78	90.52	58.33
Common Stock	104	104	104	80	80	80
Additional Paid-In Capital	615.5	615.5	615.5	639.5	639.5	639.5
Retained Earnings	349.28	342.31	358.11	348.56	329.77	300.76
Shareholders' Equity	1,069	1,062	1,078	1,068	1,049	1,020
Total Liabilities & Equity	1,112	1,118	1,157	1,156	1,140	1,079
Total Debt	0.23	0.28	0.46	0.63	0.79	0.93
Net Cash (Debt)	688.04	682.59	693.84	667.7	633.74	651.35
Net Cash Growth	-1.46%	-1.62%	3.91%	5.36%	-2.70%	-5.23%
Net Cash Per Share	6.66	6.58	6.65	6.47	6.07	6.24
Filing Date Shares Outstanding	104	104	104	104	104	104
Total Common Shares Outstanding	104	104	104	104	104	104
Working Capital	689.28	672.56	658.14	623.13	573.74	623.5
Book Value Per Share	10.28	10.21	10.36	10.27	10.09	9.81
Tangible Book Value	1,044	1,037	1,052	1,042	1,023	993.98
Tangible Book Value Per Share	10.04	9.97	10.11	10.02	9.83	9.56
Buildings	-	345.74	342.81	336.52	332.43	162.7
Machinery	-	310.38	301	286.22	261.27	167.11
Construction In Progress	-	4.65	0.09	0.37	7.51	142.96