SHE:300491 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	320.47	291.42	246.44	198.88	303.57	340.06
Cash & Short-Term Investments	320.47	291.42	246.44	198.88	303.57	340.06
Cash Growth	43.32%	18.25%	23.92%	-34.49%	-10.73%	273.24%
Accounts Receivable	1,071	1,198	969.91	854.03	579.87	405.7
Other Receivables	7.48	6.34	3.7	2.72	2.43	3.63
Receivables	1,078	1,204	973.62	856.75	582.3	409.32
Inventory	410.17	328.25	264.3	269.8	227.41	132.78
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	37.61	25.79	21.56	24.63	22.35	9.01
Total Current Assets	1,846	1,850	1,506	1,350	1,136	891.19
Property, Plant & Equipment	435.24	439.46	379.54	369.7	194.19	160.89
Goodwill	151.7	151.7	151.7	167.21	179.71	179.71
Other Intangible Assets	71.61	71.32	68.66	70.07	30.75	34.22
Long-Term Deferred Tax Assets	24.79	24.84	17.46	10.34	11.14	7.53
Long-Term Deferred Charges	3.23	3.45	0.31	0.5	0.97	0.59
Other Long-Term Assets	-	-	8.81	14.66	4.3	4.65
Total Assets	2,533	2,540	2,132	1,983	1,557	1,279
Accounts Payable	807.89	801.26	592.14	527.61	386.31	178.34
Accrued Expenses	5.42	42.95	19.11	26.12	21.04	16
Short-Term Debt	168.03	152.5	152.26	171.27	107.56	79.45
Current Portion of Long-Term Debt	26.43	44.7	16.26	1.5	5	3
Current Portion of Leases	-	0.63	0.82	0.8	1.49	-
Current Income Taxes Payable	2.75	-	1.18	1.05	1.24	2.47
Current Unearned Revenue	15.16	22.44	10.76	9.59	4.81	3.47
Other Current Liabilities	188.83	152.13	108.08	91.88	2.02	0.99
Total Current Liabilities	1,215	1,217	900.62	829.83	529.47	283.72
Long-Term Debt	78.57	83.63	55.99	18	-	5
Long-Term Leases	1.5	1.93	0.63	1.24	-	4.51
Long-Term Unearned Revenue	27.6	29.03	24.54	12.87	13.16	16.32
Long-Term Deferred Tax Liabilities	3.29	3.59	4.39	3.93	2.37	0.17
Other Long-Term Liabilities	-	-	6.63	-	-	-
Total Liabilities	1,325	1,335	992.81	865.87	545	309.72
Common Stock	175.67	175.67	174.74	174.04	173.45	173.45
Additional Paid-In Capital	656.5	654.12	617.42	598.24	586.85	582.84
Retained Earnings	375.39	375.7	347.43	344.38	250.48	211.56
Total Common Equity	1,208	1,205	1,140	1,117	1,011	967.85
Minority Interest	-	-	-	-	0.92	1.2
Shareholders' Equity	1,208	1,205	1,140	1,117	1,012	969.05
Total Liabilities & Equity	2,533	2,540	2,132	1,983	1,557	1,279
Total Debt	274.54	283.39	225.97	192.82	114.04	91.96
Net Cash (Debt)	45.93	8.03	20.47	6.06	189.53	248.1
Net Cash Growth	759.73%	-60.77%	237.85%	-96.80%	-23.61%	699.51%
Net Cash Per Share	0.26	0.05	0.12	0.03	1.11	1.53
Filing Date Shares Outstanding	171.76	175.67	174.74	174.04	173.45	173.45
Total Common Shares Outstanding	171.76	175.67	174.74	174.04	173.45	173.45
Working Capital	631.97	632.91	605.3	520.23	606.16	607.46
Book Value Per Share	7.03	6.86	6.52	6.42	5.83	5.58
Tangible Book Value	984.26	982.48	919.23	879.38	800.32	753.92
Tangible Book Value Per Share	5.73	5.59	5.26	5.05	4.61	4.35
Buildings	-	-	-	290.75	141.76	141.76
Machinery	-	245.96	218.33	186.86	118.23	95.55
Construction In Progress	-	67.04	7.51	0.68	27.32	0.53

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