SHE:003021 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	950.4	216.97	224.88	131.6	147.45	447.78
Short-Term Investments	-	1,054	988.84	979.8	1,156	850
Trading Asset Securities	1,059	838.98	841.95	640.47	472.95	753.38
Cash & Short-Term Investments	2,009	2,110	2,056	1,752	1,777	2,051
Cash Growth	60.52%	2.64%	17.34%	-1.39%	-13.39%	-2.55%
Accounts Receivable	630.26	663.05	598.09	445.17	400.31	317.01
Other Receivables	4.27	4.4	3.73	2.85	2.57	28.21
Receivables	634.53	667.45	601.82	448.02	402.88	345.21
Inventory	213.98	210.28	184.12	164.47	172.64	152.22
Other Current Assets	1,745	65.76	97.79	238.72	20.72	29.25
Total Current Assets	4,603	3,053	2,939	2,603	2,373	2,578
Property, Plant & Equipment	1,069	1,057	1,020	927.32	751.61	593.21
Long-Term Investments	97.43	98.83	81.13	183.37	85.09	13.86
Other Intangible Assets	47.67	46.95	48.34	49.4	50.97	40.16
Long-Term Deferred Tax Assets	7.68	6.82	0.2	14.72	26.27	13.77
Long-Term Deferred Charges	38	37.84	14.9	14.63	11.1	13.63
Other Long-Term Assets	19.21	16.75	17.53	11.53	260.59	10.44
Total Assets	5,883	4,318	4,122	3,804	3,558	3,263
Accounts Payable	392.29	399.09	434.33	408.68	346.35	212.38
Accrued Expenses	42.12	84.01	76.72	58.52	47.34	40.41
Short-Term Debt	144.64	169.64	140.98	40.98	39.74	5.44
Current Portion of Leases	4.01	4.1	4.43	3.84	9.88	11.94
Current Income Taxes Payable	14.82	4.36	3.68	2.55	1.39	-
Current Unearned Revenue	14.89	10.33	19.26	21.41	20.77	16.56
Other Current Liabilities	52.5	78	123.36	100.81	62.79	78.14
Total Current Liabilities	665.27	749.55	802.77	636.79	528.26	364.86
Long-Term Leases	2.1	3.18	7.19	0.28	7.29	17.1
Long-Term Unearned Revenue	52.87	50.99	53.09	39.26	34.07	28.21
Long-Term Deferred Tax Liabilities	27.19	31.08	32.65	40.02	41.76	25.72
Total Liabilities	747.43	834.8	895.7	716.36	611.38	435.9
Common Stock	267.48	240.73	240.2	171.01	171.3	171.43
Additional Paid-In Capital	3,497	1,911	1,852	1,895	1,911	1,914
Retained Earnings	1,375	1,334	1,148	1,017	865.6	749.16
Treasury Stock	-13.23	-13.23	-26.96	-7.78	-14.91	-16.51
Comprehensive Income & Other	9.34	10.07	12.55	13.21	14.11	9.3
Shareholders' Equity	5,135	3,483	3,226	3,088	2,947	2,827
Total Liabilities & Equity	5,883	4,318	4,122	3,804	3,558	3,263
Total Debt	150.75	176.92	152.6	45.11	56.91	34.48
Net Cash (Debt)	1,859	1,933	1,903	1,707	1,720	2,017
Net Cash Growth	84.61%	1.58%	11.50%	-0.75%	-14.73%	-4.19%
Net Cash Per Share	7.74	8.04	7.95	7.11	7.18	8.40
Filing Date Shares Outstanding	267.48	267.48	240.2	239.41	239.82	240.01
Total Common Shares Outstanding	267.48	240.73	240.2	239.41	239.82	240.01
Working Capital	3,938	2,304	2,137	1,966	1,845	2,213
Book Value Per Share	19.20	14.47	13.43	12.90	12.29	11.78
Tangible Book Value	5,088	3,436	3,178	3,038	2,896	2,787
Tangible Book Value Per Share	19.02	14.27	13.23	12.69	12.08	11.61
Buildings	-	777.03	779.58	495.5	485.53	142.93
Machinery	-	648.19	532.15	431.21	375.87	317.96
Construction In Progress	-	28.58	18.01	253.65	71.66	256.88

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