SHE:300092 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	431.46	428.51	295	146.55	224.15	136.39
Trading Asset Securities	70	130	341	495	-	0
Cash & Short-Term Investments	501.46	558.51	636	641.55	224.15	136.39
Cash Growth	-11.53%	-12.18%	-0.86%	186.22%	64.34%	33.66%
Accounts Receivable	670.19	714.26	731.53	628.06	576.43	565.28
Other Receivables	14.25	13.15	19.27	14.49	13.39	12.28
Receivables	684.45	727.4	750.8	642.55	589.82	577.57
Inventory	363.79	461.6	462.97	614.34	612.61	403.63
Prepaid Expenses	-	-	0.01	0	2.08	-
Other Current Assets	152.5	81.12	131.14	79.51	102.63	44.63
Total Current Assets	1,702	1,829	1,981	1,978	1,531	1,162
Property, Plant & Equipment	309.57	283.64	250.35	219.65	179.07	180.84
Long-Term Investments	4.5	3.98	3.34	3.36	4.57	-
Other Intangible Assets	31.16	31.07	30.37	28.21	19.4	22.61
Long-Term Accounts Receivable	-	56.42	58.96	127.92	62.09	-
Long-Term Deferred Tax Assets	35.79	35.86	24.61	21.38	17.83	15.33
Other Long-Term Assets	124.91	33.09	6.18	7.03	3.59	7.56
Total Assets	2,208	2,273	2,355	2,386	1,818	1,389
Accounts Payable	121.25	213.6	182.07	226.49	296.07	222.11
Accrued Expenses	13.81	32.93	26.73	39.95	25.82	31.23
Current Income Taxes Payable	25.48	14.06	5.28	11.58	8.53	5.25
Current Unearned Revenue	276.17	357.19	482.02	564.7	594.81	354.64
Other Current Liabilities	105.16	14.83	19.81	17.04	42.43	24.04
Total Current Liabilities	541.87	632.6	715.91	859.75	967.66	637.28
Long-Term Unearned Revenue	6.92	7.09	5.94	2.8	2.93	4.06
Other Long-Term Liabilities	-	-	0.46	-	-	-
Total Liabilities	548.79	639.69	722.32	862.55	970.59	641.33
Common Stock	273.92	273.92	273.92	273.92	231.6	231.6
Additional Paid-In Capital	763.18	763.18	763.18	763.18	239.69	239.69
Retained Earnings	614.66	589.1	590.28	483.99	375.27	266.78
Comprehensive Income & Other	7.57	6.8	5.02	1.85	0.7	0.41
Total Common Equity	1,659	1,633	1,632	1,523	847.25	738.47
Minority Interest	-	-	-	-	-	8.75
Shareholders' Equity	1,659	1,633	1,632	1,523	847.25	747.22
Total Liabilities & Equity	2,208	2,273	2,355	2,386	1,818	1,389
Net Cash (Debt)	501.46	558.51	636	641.55	224.15	136.39
Net Cash Growth	-11.53%	-12.18%	-0.86%	186.22%	64.34%	33.66%
Net Cash Per Share	1.83	2.04	2.32	2.40	0.97	0.59
Filing Date Shares Outstanding	273.95	273.92	273.92	273.92	273.92	231.6
Total Common Shares Outstanding	273.95	273.92	273.92	273.92	231.6	231.6
Working Capital	1,160	1,196	1,265	1,118	563.63	524.94
Book Value Per Share	6.06	5.96	5.96	5.56	3.66	3.19
Tangible Book Value	1,628	1,602	1,602	1,495	827.84	715.86
Tangible Book Value Per Share	5.94	5.85	5.85	5.46	3.57	3.09
Buildings	-	220.92	212.07	189.17	187.31	186.23
Machinery	-	328.08	306.12	276.08	241.54	223.82
Construction In Progress	-	29.78	15.93	21.2	1.61	-

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