SHE:003043 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 2020
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 '20 Dec 31, 2020
Cash & Equivalents	585.91	501.48	241.05	555.45	657.37	175.76
Trading Asset Securities	34.07	91.93	300.42	230.34	301.08	-
Cash & Short-Term Investments	619.98	593.42	541.47	785.8	958.46	175.76
Cash Growth	19.12%	9.59%	-31.09%	-18.01%	445.32%	57.56%
Accounts Receivable	399.55	421.15	397.6	164.84	183.7	141.57
Other Receivables	9.78	12.55	11.82	4.5	3.99	0.58
Receivables	409.33	433.7	409.43	169.34	187.69	142.15
Inventory	385.81	330.21	388.41	93.71	103.81	51.36
Other Current Assets	116.67	64.92	41.37	3.22	4.3	5.89
Total Current Assets	1,532	1,422	1,381	1,052	1,254	375.16
Property, Plant & Equipment	595.05	589.79	572.39	316.85	146.55	79.46
Long-Term Investments	30.4	30.4	493.94	26	12	-
Goodwill	260.27	260.27	260.27	-	-	-
Other Intangible Assets	79.4	82.28	93.34	27.21	27.75	18.21
Long-Term Accounts Receivable	-	-	5.82	-	-	-
Long-Term Deferred Tax Assets	20.34	20.64	15.78	8.84	4.31	3.96
Long-Term Deferred Charges	8.27	8.84	4.26	1.41	1.17	4.23
Other Long-Term Assets	516.12	531.94	77.97	98.93	61.87	0.67
Total Assets	3,042	2,946	2,904	1,531	1,508	481.7
Accounts Payable	329.6	298.63	306.28	83.25	135.13	61.02
Accrued Expenses	17.64	40.5	37.91	19.59	27.92	13.03
Current Portion of Long-Term Debt	-	6.33	-	-	-	-
Current Portion of Leases	-	-	5.13	5.51	2.44	-
Current Income Taxes Payable	5.05	10.53	8.26	3.49	8.97	2.63
Current Unearned Revenue	313.05	235.33	293.4	0.75	0.74	0.7
Other Current Liabilities	59.63	46.3	45.58	1	6.55	4.5
Total Current Liabilities	724.97	637.63	696.55	113.59	181.74	81.88
Long-Term Debt	264.17	258.84	263.17	243.04	224.11	-
Long-Term Leases	14.61	16.39	19.35	24.28	7.96	-
Long-Term Unearned Revenue	0.5	0.5	-	-	-	-
Long-Term Deferred Tax Liabilities	17.53	18.25	22.29	10.88	10.47	-
Other Long-Term Liabilities	2.41	3.36	3.82	-	-	-
Total Liabilities	1,024	934.96	1,005	391.8	424.28	81.88
Common Stock	133.83	133.83	95.03	80	80	60
Additional Paid-In Capital	1,053	1,052	1,059	493.63	493.6	164.01
Retained Earnings	594.52	586.72	529.1	468.36	412.24	174.92
Treasury Stock	-16.76	-16.76	-24.89	-	-	-
Comprehensive Income & Other	89.5	89.51	97.3	96.58	96.8	-
Total Common Equity	1,854	1,845	1,756	1,139	1,083	398.93
Minority Interest	163.69	166.1	143.74	0.94	0.98	0.89
Shareholders' Equity	2,017	2,011	1,899	1,140	1,084	399.82
Total Liabilities & Equity	3,042	2,946	2,904	1,531	1,508	481.7
Total Debt	278.78	281.56	287.65	272.84	234.5	-
Net Cash (Debt)	341.2	311.86	253.82	512.96	723.95	175.76
Net Cash Growth	49.51%	22.87%	-50.52%	-29.14%	311.90%	73.10%
Net Cash Per Share	2.37	2.32	2.13	4.45	6.47	2.10
Filing Date Shares Outstanding	134.51	139.19	133.04	112	111.97	84
Total Common Shares Outstanding	134.51	139.19	133.04	112	111.97	84
Working Capital	806.81	784.63	684.13	938.47	1,073	293.28
Book Value Per Share	13.78	13.26	13.20	10.17	9.67	4.75
Tangible Book Value	1,514	1,503	1,402	1,111	1,055	380.72
Tangible Book Value Per Share	11.26	10.80	10.54	9.92	9.42	4.53
Buildings	-	-	427.13	59.48	59.48	60.39
Machinery	-	-	169.7	145.27	141.96	113.3
Construction In Progress	-	-	86.82	202.65	49.35	0.03

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