SHE:300105 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	870.49	905.17	746.96	819.12	1,097	1,211
Cash & Short-Term Investments	870.49	905.17	746.96	819.12	1,097	1,211
Cash Growth	40.56%	21.18%	-8.81%	-25.35%	-9.38%	-1.63%
Accounts Receivable	426.86	500.51	801.15	786.17	554.41	516.55
Other Receivables	92.84	91.88	56.76	66.45	62.03	6.47
Receivables	519.7	592.39	857.91	852.62	616.44	523.02
Inventory	420.68	352.69	263.97	241.69	257.2	183.54
Prepaid Expenses	-	5.94	-	0.06	-	-
Other Current Assets	85.72	83.21	58.4	75.37	176.69	62.15
Total Current Assets	1,897	1,939	1,927	1,989	2,148	1,980
Property, Plant & Equipment	293.71	302.45	334.64	352.08	150.34	141.45
Long-Term Investments	233.71	233.57	258.03	217.16	147.98	78.4
Other Intangible Assets	56.19	57.7	59.39	54.39	46.58	47.83
Long-Term Accounts Receivable	-	79.38	146.08	216.01	60.63	61.49
Long-Term Deferred Tax Assets	29.45	29.41	14.17	25.26	0	-
Long-Term Deferred Charges	2.11	2.28	2.94	2.44	3.31	4.67
Other Long-Term Assets	86.38	6.18	2.91	22.36	19.31	16.69
Total Assets	2,598	2,650	2,745	2,879	2,576	2,330
Accounts Payable	528.81	607.56	645.78	689.51	486.26	330.62
Accrued Expenses	24.06	16.93	30.93	27.97	51.76	59.34
Current Portion of Leases	-	0.79	0.82	0.89	0.22	0.41
Current Income Taxes Payable	3.28	0.98	1.06	1.03	1.1	1.05
Current Unearned Revenue	144.6	139.9	104.42	173.89	95.98	89.28
Other Current Liabilities	22.25	21.12	24.36	37.02	26.41	24.44
Total Current Liabilities	723.78	787.27	807.39	930.31	661.74	505.13
Long-Term Leases	-	-	0.79	1.46	0.17	0.39
Long-Term Unearned Revenue	5.42	6.03	5.73	6.58	11.5	11.09
Other Long-Term Liabilities	1.94	1.94	2.59	-	-	-
Total Liabilities	731.14	795.24	816.49	938.35	673.41	516.61
Common Stock	515.81	515.81	515.89	516.1	518.98	522.4
Additional Paid-In Capital	687.13	687.13	684.5	684.8	692.72	701.52
Retained Earnings	662	652.18	738.33	749.89	711.85	623.32
Treasury Stock	-	-	-9.8	-10.58	-21.16	-33.71
Comprehensive Income & Other	2.06	-	-	-	-	-
Total Common Equity	1,867	1,855	1,929	1,940	1,902	1,814
Shareholders' Equity	1,867	1,855	1,929	1,940	1,902	1,814
Total Liabilities & Equity	2,598	2,650	2,745	2,879	2,576	2,330
Total Debt	0.79	0.79	1.61	2.35	0.39	0.8
Net Cash (Debt)	869.7	904.38	745.35	816.77	1,097	1,210
Net Cash Growth	40.79%	21.34%	-8.74%	-25.54%	-9.35%	-1.70%
Net Cash Per Share	1.70	1.77	1.44	1.59	2.14	1.99
Filing Date Shares Outstanding	515.14	515.81	515.81	516.1	518.98	522.4
Total Common Shares Outstanding	515.14	515.81	515.89	516.1	518.98	522.4
Working Capital	1,173	1,152	1,120	1,059	1,486	1,474
Book Value Per Share	3.62	3.60	3.74	3.76	3.67	3.47
Tangible Book Value	1,811	1,797	1,870	1,886	1,856	1,766
Tangible Book Value Per Share	3.52	3.48	3.62	3.65	3.58	3.38
Buildings	-	204.49	208.04	209.04	213.74	231.8
Machinery	-	349.78	346.89	312.65	116.62	96.79
Construction In Progress	-	-	-	16.35	1.58	-
Order Backlog	-	911.62	-	-	-	-

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