SHE:300515 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	133.67	116.58	81.75	135.26	61.3	43.31
Trading Asset Securities	367.91	374.39	272.35	192	353	308
Cash & Short-Term Investments	501.57	490.98	354.1	327.26	414.3	351.31
Cash Growth	49.08%	38.65%	8.20%	-21.01%	17.93%	-2.49%
Accounts Receivable	260.42	294.83	253.3	234.03	225.15	219.85
Other Receivables	13.43	11.46	8.92	7.63	7.59	8.01
Receivables	273.85	306.29	262.22	241.66	232.74	227.86
Inventory	286.64	269.6	202.43	222.13	177.78	132.23
Other Current Assets	21.93	76.92	2.95	3.69	8.15	7.19
Total Current Assets	1,084	1,144	821.7	794.74	832.96	718.58
Property, Plant & Equipment	199.09	202.38	216.51	225.05	197.33	136.33
Long-Term Investments	-	-	155	85.36	-	-
Other Intangible Assets	29.24	29.42	30.31	31.08	32.9	35.29
Long-Term Deferred Tax Assets	19.26	19.47	18.69	18.52	6.2	6.1
Other Long-Term Assets	140	100	-	-	0.85	0.1
Total Assets	1,472	1,495	1,242	1,155	1,070	896.4
Accounts Payable	127.86	139.23	119.34	112.96	96.7	77.24
Accrued Expenses	16.49	63.83	52.4	45.89	51.23	46.54
Current Income Taxes Payable	14.47	10.16	10.3	9.12	12.73	5.68
Current Unearned Revenue	272.73	276.94	208.12	205.69	154.03	90.83
Other Current Liabilities	57.96	56.93	28.11	27.87	29.37	27.34
Total Current Liabilities	489.51	547.09	418.27	401.52	344.07	247.64
Long-Term Unearned Revenue	0.38	0.43	0.63	0.83	1	-
Long-Term Deferred Tax Liabilities	0.43	0.39	0.2	0.13	0.17	-
Other Long-Term Liabilities	1.12	1.13	1.64	2.32	3.13	1.72
Total Liabilities	491.45	549.04	420.75	404.8	348.37	249.36
Common Stock	205.75	205.75	205.75	205.75	205.8	205.82
Additional Paid-In Capital	166.54	166.54	166.54	166.54	164.69	159.29
Retained Earnings	633.36	600.23	476.8	362.66	344.87	286.63
Treasury Stock	-43.02	-43.02	-43.02	-	-8.33	-15.14
Comprehensive Income & Other	1.8	1.22	0.66	0.78	0.21	-0.21
Total Common Equity	964.44	930.73	806.73	735.73	707.24	636.39
Minority Interest	15.7	15.28	14.73	14.2	14.63	10.65
Shareholders' Equity	980.13	946.01	821.47	749.94	721.87	647.04
Total Liabilities & Equity	1,472	1,495	1,242	1,155	1,070	896.4
Net Cash (Debt)	501.57	490.98	354.1	327.26	414.3	351.31
Net Cash Growth	49.08%	38.65%	8.20%	-21.01%	17.93%	-0.99%
Net Cash Per Share	2.50	2.45	1.76	1.58	2.00	1.70
Filing Date Shares Outstanding	200.76	200.76	200.76	205.75	205.8	205.82
Total Common Shares Outstanding	200.76	200.76	200.76	205.75	205.8	205.82
Working Capital	594.48	596.69	403.43	393.21	488.89	470.94
Book Value Per Share	4.80	4.64	4.02	3.58	3.44	3.09
Tangible Book Value	935.2	901.31	776.42	704.66	674.34	601.1
Tangible Book Value Per Share	4.66	4.49	3.87	3.42	3.28	2.92
Buildings	-	270.6	270.43	265.75	113.66	114.85
Machinery	-	44.14	38.04	37.14	30.87	30.44
Construction In Progress	-	1.47	5.41	5.11	123.11	55.27

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