SHE:300481 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	1,002	1,071	1,013	647.33	289.24	243.85
Short-Term Investments	-	42.83	116.33	393.81	824.86	425.59
Trading Asset Securities	-	-	-	181.02	131.25	229.8
Cash & Short-Term Investments	1,002	1,114	1,129	1,222	1,245	899.24
Cash Growth	6.98%	-1.35%	-7.63%	-1.86%	38.49%	290.75%
Accounts Receivable	426.8	414.2	428.04	430.01	510.22	419.51
Other Receivables	10.17	10.54	7.47	8.33	2.71	2.23
Receivables	436.97	424.74	435.51	438.34	512.93	421.74
Inventory	196.72	192.14	149.62	175.56	221.54	134.93
Prepaid Expenses	-	1.7	0.5	-	-	-
Other Current Assets	101.59	69.12	64.64	56.97	38.04	38.78
Total Current Assets	1,737	1,801	1,779	1,893	2,018	1,495
Property, Plant & Equipment	808.63	817.75	843.96	733.2	559.9	435.57
Long-Term Investments	122.27	130.24	-	-	-	-
Goodwill	0.83	0.91	1.23	1.55	1.91	2.28
Other Intangible Assets	160.59	162.04	167.92	172.86	178.55	148.28
Long-Term Deferred Tax Assets	11.79	12.54	7.7	7.82	6.53	5.75
Long-Term Deferred Charges	2.51	2.22	2.16	2.56	3.15	4.8
Other Long-Term Assets	28.18	18.42	11.02	10.69	36.66	23.85
Total Assets	2,872	2,945	2,813	2,822	2,805	2,115
Accounts Payable	348.23	388.48	144.63	84.47	105.49	29.02
Accrued Expenses	18.85	23.93	22.27	20.87	27.85	19.37
Short-Term Debt	-	50.03	100.07	70.06	150.14	-
Current Portion of Long-Term Debt	18.01	3.01	101.07	4.12	4.09	-
Current Portion of Leases	-	-	-	0.45	0.01	0.43
Current Income Taxes Payable	4.14	1.11	4.84	5.18	14.04	6.27
Current Unearned Revenue	7.67	5.97	6.38	6.65	13.26	10.67
Other Current Liabilities	1.72	1.98	1.87	10.47	21.51	30.19
Total Current Liabilities	398.62	474.53	381.13	202.27	336.39	95.96
Long-Term Debt	-	15	-	151	125	-
Long-Term Leases	1.04	1.03	-	-	0.01	-
Long-Term Unearned Revenue	17.51	17.98	9.89	12.67	14.05	14.28
Long-Term Deferred Tax Liabilities	12.88	13.24	10.53	9.89	9.27	10.23
Total Liabilities	430.05	521.78	401.55	375.84	484.72	120.47
Common Stock	291.86	291.86	295.7	296.36	296.38	296.19
Additional Paid-In Capital	938.16	938.16	986.09	993.54	994.57	981.5
Retained Earnings	1,210	1,192	1,177	1,161	1,044	740.34
Treasury Stock	-	-	-50.91	-8.11	-16.56	-23.5
Comprehensive Income & Other	2.04	2.06	4.03	3.67	1.55	0.41
Total Common Equity	2,442	2,424	2,412	2,446	2,320	1,995
Minority Interest	-	-	-0.37	-0.35	-0.31	-0.21
Shareholders' Equity	2,442	2,424	2,412	2,446	2,320	1,995
Total Liabilities & Equity	2,872	2,945	2,813	2,822	2,805	2,115
Total Debt	19.05	69.08	201.14	225.63	279.25	0.43
Net Cash (Debt)	983	1,045	927.74	996.53	966.09	898.8
Net Cash Growth	40.52%	12.60%	-6.90%	3.15%	7.49%	290.56%
Net Cash Per Share	3.36	3.58	3.15	3.39	3.27	3.24
Filing Date Shares Outstanding	306.35	291.86	291.86	296.36	296.38	296.19
Total Common Shares Outstanding	306.35	291.86	291.86	296.36	296.38	296.19
Working Capital	1,339	1,327	1,398	1,691	1,681	1,399
Book Value Per Share	7.97	8.30	8.26	8.25	7.83	6.74
Tangible Book Value	2,281	2,261	2,243	2,272	2,140	1,844
Tangible Book Value Per Share	7.44	7.75	7.68	7.67	7.22	6.23
Buildings	-	385.8	374.44	203.96	201.48	185
Machinery	-	733.13	693.74	480.7	432.57	396.61
Construction In Progress	-	18.21	22.29	267.68	94.71	7.32

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.