SHE:300445 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	274.56	327.91	343.02	225.49	228.4	337.84
Trading Asset Securities	322.11	240.64	80.09	80.31	86.7	-
Cash & Short-Term Investments	596.67	568.56	423.11	305.79	315.1	337.84
Cash Growth	34.50%	34.38%	38.37%	-2.95%	-6.73%	-29.51%
Accounts Receivable	110.53	131.06	130.66	119.43	106.37	79.89
Other Receivables	1.45	3.33	2.55	5.89	2.36	13.54
Receivables	111.99	134.39	133.21	125.32	108.73	93.44
Inventory	144.25	142.71	141.37	139.27	125.67	82.87
Other Current Assets	19.99	13.19	16.39	11.17	16.14	23.54
Total Current Assets	872.9	858.85	714.08	581.56	565.64	537.69
Property, Plant & Equipment	332.65	338.44	346.13	357.09	345.52	264.16
Long-Term Investments	7.92	8.04	8.23	8.11	8.62	7.89
Goodwill	8.64	8.64	9.53	9.53	9.53	-
Other Intangible Assets	175.76	180.51	136.15	123.29	139.56	131.31
Long-Term Deferred Tax Assets	23.02	23.68	18.84	14.93	16.09	4.01
Long-Term Deferred Charges	7.63	8.47	89.58	113.52	66.34	54.27
Other Long-Term Assets	16.72	14.71	11.03	14.11	18.48	31.08
Total Assets	1,445	1,442	1,334	1,223	1,171	1,032
Accounts Payable	20.22	17.03	17.52	15.28	35.51	39.98
Accrued Expenses	13.25	45.43	46.54	38.99	37.96	32.69
Current Portion of Leases	-	4.41	1.93	3.61	1.65	3.81
Current Income Taxes Payable	12.49	3	3.11	0.51	6.6	0.01
Current Unearned Revenue	12.28	17.24	15.84	16.39	20.85	7.9
Other Current Liabilities	3.18	4.33	4.78	4.22	19.23	2.97
Total Current Liabilities	65.45	91.44	89.73	79	121.79	87.36
Long-Term Leases	12.47	13.74	1.23	1.97	1.28	0.79
Long-Term Unearned Revenue	33.4	33.93	32.27	35.52	33.15	5.03
Long-Term Deferred Tax Liabilities	3.27	3.37	1.71	2.3	1.52	-
Other Long-Term Liabilities	3.38	2.64	-	-	-	-
Total Liabilities	117.97	145.13	124.94	118.79	157.74	93.18
Common Stock	212.43	212.43	212.43	212.43	212.43	212.43
Additional Paid-In Capital	228.36	228.36	228.36	231.77	231.77	231.76
Retained Earnings	862.85	829.08	743.78	635.35	548.31	485.6
Comprehensive Income & Other	9.85	11.52	10.5	5.75	1.26	-5.48
Total Common Equity	1,313	1,281	1,195	1,085	993.77	924.31
Minority Interest	13.77	15.11	14.13	18.87	19.38	14.27
Shareholders' Equity	1,327	1,297	1,209	1,104	1,013	938.57
Total Liabilities & Equity	1,445	1,442	1,334	1,223	1,171	1,032
Total Debt	16.49	18.15	3.16	5.59	2.93	4.61
Net Cash (Debt)	580.18	550.4	419.95	300.21	312.17	333.23
Net Cash Growth	31.36%	31.06%	39.89%	-3.83%	-6.32%	-30.47%
Net Cash Per Share	2.76	2.58	1.98	1.41	1.45	1.57
Filing Date Shares Outstanding	211.08	212.43	212.43	212.43	212.43	212.43
Total Common Shares Outstanding	211.08	212.43	212.43	212.43	212.43	212.43
Working Capital	807.45	767.41	624.36	502.56	443.85	450.33
Book Value Per Share	6.22	6.03	5.63	5.11	4.68	4.35
Tangible Book Value	1,129	1,092	1,049	952.48	844.68	793
Tangible Book Value Per Share	5.35	5.14	4.94	4.48	3.98	3.73
Buildings	-	271.17	269.67	270.36	268.79	116.17
Machinery	-	198.68	196.24	181.71	136.92	100.8
Construction In Progress	-	2.25	5.25	5.64	22.47	110.86

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