SHE:003025 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	377.45	363.75	245.39	138.81	246.18	161.76
Trading Asset Securities	60	115	80	90	135	326
Cash & Short-Term Investments	437.45	478.75	325.39	228.81	381.18	487.76
Cash Growth	22.19%	47.13%	42.21%	-39.97%	-21.85%	-2.41%
Accounts Receivable	127.89	146.34	108.21	122.16	97.3	63.52
Other Receivables	2.13	2.15	2.35	2.03	4.09	3.42
Receivables	130.02	148.49	110.57	124.19	101.4	66.93
Inventory	325.38	326.66	304.8	338.13	328.03	243.3
Prepaid Expenses	-	0	4.72	0.39	11.09	-
Other Current Assets	1.35	1.69	0.69	4.32	2.89	3.34
Total Current Assets	894.2	955.58	746.17	695.85	824.59	801.34
Property, Plant & Equipment	597.35	606.11	584.89	478.95	378.32	294.58
Long-Term Investments	0.01	0.01	0.01	0.01	0.01	0.01
Other Intangible Assets	99.59	100.31	102.84	105.69	43.35	42.17
Long-Term Deferred Tax Assets	1.88	1.98	0.82	-	-	1.8
Other Long-Term Assets	3.55	3.37	-	0.04	14.93	0.94
Total Assets	1,597	1,667	1,435	1,281	1,261	1,141
Accounts Payable	140.08	198.04	138.39	105.46	152.19	126.08
Accrued Expenses	5.83	28.91	22.79	18.1	19.05	13.89
Current Portion of Leases	-	-	0.16	0.15	-	-
Current Income Taxes Payable	10.75	9.2	7.46	6.55	6.63	5.76
Current Unearned Revenue	74.19	78.54	62.12	50.78	43.31	50.53
Other Current Liabilities	50.03	65.15	8.19	9	7.88	9.36
Total Current Liabilities	280.89	379.84	239.11	190.05	229.08	205.61
Long-Term Leases	-	-	-	0.16	-	-
Long-Term Unearned Revenue	11	11.38	12.86	41.15	20.46	13.49
Long-Term Deferred Tax Liabilities	3.2	3.32	4.29	5.41	6.47	5.04
Other Long-Term Liabilities	1	1.27	1.31	1.06	1.35	1.51
Total Liabilities	296.09	395.82	257.57	237.84	257.35	225.66
Common Stock	283.95	283.95	236.63	236.63	163.19	112.55
Additional Paid-In Capital	235.87	235.87	283.19	283.19	356.63	407.28
Retained Earnings	798.75	759.82	657.33	522.87	484.03	395.36
Treasury Stock	-18.09	-8.1	-	-	-	-
Shareholders' Equity	1,300	1,272	1,177	1,043	1,004	915.18
Total Liabilities & Equity	1,597	1,667	1,435	1,281	1,261	1,141
Total Debt	-	-	0.16	0.31	-	-
Net Cash (Debt)	437.45	478.75	325.23	228.5	381.18	487.76
Net Cash Growth	22.20%	47.20%	42.34%	-40.06%	-21.85%	-2.41%
Net Cash Per Share	1.54	1.67	1.15	0.80	1.35	1.73
Filing Date Shares Outstanding	278.11	282.65	283.95	283.95	283.95	283.95
Total Common Shares Outstanding	278.11	282.65	283.95	283.95	283.95	283.95
Working Capital	613.31	575.74	507.06	505.8	595.51	595.73
Book Value Per Share	4.68	4.50	4.15	3.67	3.54	3.22
Tangible Book Value	1,201	1,171	1,074	937.01	960.5	873.01
Tangible Book Value Per Share	4.32	4.14	3.78	3.30	3.38	3.07
Buildings	-	514.41	397.34	294.14	268.47	96.37
Machinery	-	272.99	238.88	211.18	22.13	105.44
Construction In Progress	-	10.8	96.75	110.67	13.05	187.03