SHE:300399 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	172.83	232.69	92.31	381.88	305.64	289.5
Short-Term Investments	-	-	201.26	-	-	-
Trading Asset Securities	74.47	218.12	195.08	74.82	60.14	20.04
Cash & Short-Term Investments	247.29	450.81	488.66	456.7	365.78	309.54
Cash Growth	-27.77%	-7.74%	7.00%	24.86%	18.17%	-9.10%
Accounts Receivable	52.28	23.71	23.38	49.95	51.5	149.99
Other Receivables	2.63	2.71	7.16	9.9	11.43	10.48
Receivables	54.91	26.42	30.54	59.85	62.93	160.47
Inventory	280.62	3.6	0.13	-	0.55	-
Other Current Assets	170.6	109.99	23.69	38.56	24.82	10.07
Total Current Assets	753.43	590.82	543.02	555.12	454.08	480.08
Property, Plant & Equipment	11.3	10.07	11.61	14.43	12.52	14.92
Long-Term Investments	1.27	1.27	0.27	-	58.26	43.2
Other Intangible Assets	-	-	0.51	2.78	5.84	13.7
Long-Term Deferred Tax Assets	0.84	0.59	0.72	0.99	1.39	1.69
Long-Term Deferred Charges	0.09	0.13	0.25	0.17	0.14	0.3
Other Long-Term Assets	6.96	7.22	7.73	8.38	9.28	10.17
Total Assets	773.9	610.1	564.1	581.87	541.52	564.05
Accounts Payable	206.09	35.62	7.04	21.46	28.85	69.4
Accrued Expenses	2.82	4.27	3.26	3.86	6.14	5.86
Current Portion of Long-Term Debt	1.26	0.82	-	-	-	-
Current Portion of Leases	-	-	1.19	1.81	0.63	1.06
Current Income Taxes Payable	1.92	1.12	0.01	4.74	0.47	0.93
Current Unearned Revenue	22.48	22.77	12.09	1.49	3.45	0.7
Other Current Liabilities	6.6	29.09	8.33	10.11	5.6	6.03
Total Current Liabilities	241.17	93.67	31.91	43.48	45.14	83.98
Long-Term Leases	0.48	0.19	0.78	1.8	-	0.65
Long-Term Deferred Tax Liabilities	0.07	0.3	5.36	4.45	2.28	0.01
Other Long-Term Liabilities	4.82	4.82	-	-	-	-
Total Liabilities	246.55	98.99	38.06	49.73	47.42	84.63
Common Stock	197.6	197.6	197.6	197.6	197.6	197.6
Additional Paid-In Capital	21.42	21.42	21.42	21.27	21.27	21.27
Retained Earnings	287.18	285.31	298.78	305.03	268.64	253.74
Comprehensive Income & Other	-0.47	-0.47	-0.47	-0.47	-0.25	-
Total Common Equity	505.73	503.86	517.33	523.43	487.26	472.62
Minority Interest	21.62	7.25	8.72	8.71	6.83	6.81
Shareholders' Equity	527.34	511.1	526.05	532.14	494.09	479.42
Total Liabilities & Equity	773.9	610.1	564.1	581.87	541.52	564.05
Total Debt	1.75	1.01	1.97	3.62	0.63	1.71
Net Cash (Debt)	245.55	449.8	486.69	453.09	365.15	307.83
Net Cash Growth	-27.77%	-7.58%	7.41%	24.08%	18.62%	-9.60%
Net Cash Per Share	1.39	2.50	2.94	2.24	1.95	1.37
Filing Date Shares Outstanding	186.87	136.49	197.6	197.6	197.6	197.6
Total Common Shares Outstanding	186.87	136.49	197.6	197.6	197.6	197.6
Working Capital	512.25	497.15	511.1	511.64	408.94	396.1
Book Value Per Share	2.71	3.69	2.62	2.65	2.47	2.39
Tangible Book Value	505.73	503.86	516.82	520.65	481.43	458.92
Tangible Book Value Per Share	2.71	3.69	2.62	2.63	2.44	2.32
Buildings	-	-	26.15	26.15	26.15	26.15
Machinery	-	-	3.4	3.93	3.99	4.32

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