SHE:300541 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	455.31	826.03	569.45	461.35	583.22	469.83
Cash & Short-Term Investments	455.31	826.03	569.45	461.35	583.22	469.83
Cash Growth	89.94%	45.06%	23.43%	-20.89%	24.13%	44.95%
Accounts Receivable	645.52	786.14	451.4	976.59	828.5	532.13
Other Receivables	95.52	101.11	88.11	18.73	0.71	1.25
Receivables	741.04	887.26	539.51	995.32	829.22	533.38
Inventory	1,396	1,258	969.92	753.07	759.8	899.36
Other Current Assets	282.95	203.6	215.56	109.18	72.84	53.02
Total Current Assets	2,875	3,175	2,294	2,319	2,245	1,956
Property, Plant & Equipment	139.31	139.4	129.16	101.96	103.39	103.55
Long-Term Investments	19.51	22.55	21.12	48.2	76.65	220.75
Other Intangible Assets	55.44	53.11	34.44	37.16	48.97	59.12
Long-Term Accounts Receivable	-	118.69	66.92	-	-	-
Long-Term Deferred Tax Assets	27.41	22.38	27.38	15.11	8.87	7.63
Long-Term Deferred Charges	40.36	40.97	49.14	54.15	26.86	16.23
Other Long-Term Assets	129.54	2.94	21.12	24.24	-	-
Total Assets	3,287	3,575	2,644	2,600	2,510	2,363
Accounts Payable	441.09	516.51	439.09	287.41	534.65	533.43
Accrued Expenses	46.28	118.35	95.09	107.48	109.12	103.02
Short-Term Debt	385.62	789.98	279.95	353.82	450.23	362.97
Current Portion of Leases	-	6.78	9.33	4.24	7.05	4.81
Current Income Taxes Payable	6.25	7.91	8.19	12.14	15.08	10.48
Current Unearned Revenue	555.15	327.74	140.89	139.09	101.99	140.04
Other Current Liabilities	95.57	48.02	24.91	49.03	14.37	15.98
Total Current Liabilities	1,537	1,815	997.45	953.2	1,232	1,171
Long-Term Debt	-	-	-	-	12.57	14.19
Long-Term Leases	2.35	0.5	3.98	0.32	2.26	1.79
Long-Term Deferred Tax Liabilities	0.27	0.29	0.19	3.03	5.29	18.29
Other Long-Term Liabilities	-	-	0.14	-	-	-
Total Liabilities	1,540	1,816	1,002	956.55	1,253	1,205
Common Stock	430.04	430.04	430.04	330.8	308.43	307.46
Additional Paid-In Capital	388.45	388.45	385.78	485.02	249.97	234.68
Retained Earnings	927.36	937.83	826.15	827.38	700.32	623.54
Treasury Stock	-	-	-	-	-1.52	-2.7
Comprehensive Income & Other	-0.27	-0.19	-0	-	-	-5.1
Total Common Equity	1,746	1,756	1,642	1,643	1,257	1,158
Minority Interest	1.43	2.63	0	-	-	-
Shareholders' Equity	1,747	1,759	1,642	1,643	1,257	1,158
Total Liabilities & Equity	3,287	3,575	2,644	2,600	2,510	2,363
Total Debt	395.41	797.25	293.26	358.38	472.12	383.77
Net Cash (Debt)	59.9	28.77	276.19	102.98	111.1	86.07
Net Cash Growth	-	-89.58%	168.21%	-7.31%	29.08%	-
Net Cash Per Share	0.13	0.07	0.65	0.25	0.28	0.22
Filing Date Shares Outstanding	523.47	430.04	430.04	430.04	400.96	399.7
Total Common Shares Outstanding	523.47	430.04	430.04	430.04	400.96	399.7
Working Capital	1,338	1,359	1,297	1,366	1,013	784.86
Book Value Per Share	3.33	4.08	3.82	3.82	3.14	2.90
Tangible Book Value	1,690	1,703	1,608	1,606	1,208	1,099
Tangible Book Value Per Share	3.23	3.96	3.74	3.73	3.01	2.75
Buildings	-	128.77	110.35	86.82	86.82	86.2
Machinery	-	53.24	46.82	43.85	33.73	30.76

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