SHE:003010 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	821.98	858.9	607.08	345.45	375.3	364.48
Trading Asset Securities	-	-	-	-	10	-
Cash & Short-Term Investments	821.98	858.9	607.08	345.45	385.3	364.48
Cash Growth	7.80%	41.48%	75.73%	-10.34%	5.71%	-35.59%
Accounts Receivable	122.46	156.94	199.26	169.43	118.91	133.52
Other Receivables	98.25	57.83	45.02	47.6	45.99	39.92
Receivables	220.71	214.78	244.27	217.03	164.9	173.44
Inventory	477.28	461.8	225.71	318.58	193.54	305.53
Prepaid Expenses	-	-	-	-	0.75	-
Other Current Assets	324.39	288.45	111.55	158.42	151.1	223.16
Total Current Assets	1,844	1,824	1,189	1,039	895.58	1,067
Property, Plant & Equipment	203.27	208.57	212.28	182.78	199.11	139.83
Long-Term Investments	67.86	67.93	91.5	47.54	27.81	0.44
Goodwill	-	-	-	10.08	9.9	9.82
Other Intangible Assets	3.73	3.98	4.93	6.36	7.48	8.16
Long-Term Deferred Tax Assets	41	41.43	12.27	16.18	20.05	11.28
Long-Term Deferred Charges	7.48	8.56	9.74	2.78	4	1.23
Other Long-Term Assets	28.44	29.22	31.51	40.5	39.15	-
Total Assets	2,196	2,184	1,551	1,346	1,203	1,237

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
Accounts Payable	98.76	176.44	46.99	19.97	15.79	27.01
Accrued Expenses	28.37	56.31	36.1	23.33	21.01	16.77
Short-Term Debt	681.32	663.71	274.48	170.89	46.37	98.39
Current Portion of Leases	-	-	-	-	-	6.66
Current Income Taxes Payable	117.56	47.59	7.57	0.44	0.04	2.58
Current Unearned Revenue	6.56	7.95	1.72	3.5	7.43	7.69
Other Current Liabilities	123.36	156.91	39.72	25.23	25.19	5.07
Total Current Liabilities	1,056	1,109	406.58	243.37	115.83	164.18
Long-Term Debt	315	315	-	-	-	-
Long-Term Leases	29.15	32.37	34.13	0.82	6.3	1.91
Long-Term Deferred Tax Liabilities	0	0	0	-	-	-
Other Long-Term Liabilities	4.56	8.17	5.95	4.41	2.32	2.33
Total Liabilities	1,405	1,464	446.66	248.6	124.45	168.42

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
Common Stock	311.06	311.06	164.03	122.33	121.7	121.7
Additional Paid-In Capital	116.14	116.14	536.16	634.09	614.2	611.42
Retained Earnings	560.94	488.61	440.18	368.92	344.93	335.49
Treasury Stock	-200	-200	-39.62	-28.4	-2.12	-
Comprehensive Income & Other	3.35	3.35	3.44	0.15	-0.08	-0.78
Total Common Equity	791.49	719.16	1,104	1,097	1,079	1,068
Minority Interest	-	-	-	-	-	1.12
Shareholders' Equity	791.49	719.16	1,104	1,097	1,079	1,069
Total Liabilities & Equity	2,196	2,184	1,551	1,346	1,203	1,237

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
Total Debt	1,025	1,011	308.62	171.71	52.66	106.97
Net Cash (Debt)	-203.49	-152.17	298.46	173.74	332.63	257.51
Net Cash Growth	-	-	71.78%	-47.77%	29.17%	-49.60%
Net Cash Per Share	-0.66	-0.49	1.05	0.52	0.97	0.77
Filing Date Shares Outstanding	306.27	306.27	310.94	331.6	333.94	333.94
Total Common Shares Outstanding	306.27	306.27	310.94	331.6	333.94	333.94
Working Capital	788.42	715.01	782.04	796.11	779.76	902.42
Book Value Per Share	2.58	2.35	3.55	3.31	3.23	3.20
Tangible Book Value	787.76	715.18	1,099	1,081	1,061	1,050
Tangible Book Value Per Share	2.57	2.34	3.54	3.26	3.18	3.14
Buildings	-	170.52	170.52	170.52	170.52	-
Machinery	-	34.55	28.58	27.15	23.27	15.14
Construction In Progress	-	-	-	-	-	123.99