SHE:300546 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	484.02	615.22	480.91	359.49	351.33	370.82
Short-Term Investments	24.47	24.2	32.78	-	-	-
Trading Asset Securities	108.51	60.05	120	280	310	-
Cash & Short-Term Investments	617	699.47	633.68	639.49	661.33	370.82
Cash Growth	13.18%	10.38%	-0.91%	-3.30%	78.34%	-7.55%
Accounts Receivable	253.45	261.92	222.87	169.79	197.04	282.74
Other Receivables	10.37	10.94	15.21	12.44	18.08	11.24
Receivables	263.82	272.86	238.08	182.23	215.13	293.98
Inventory	166.28	141.08	179.32	167.2	191.12	151.62
Prepaid Expenses	-	1.64	1.97	1.8	1.8	1.43
Other Current Assets	43.05	30.64	22.09	23.56	39.73	37.68
Total Current Assets	1,090	1,146	1,075	1,014	1,109	855.53
Property, Plant & Equipment	163.77	159.1	127.12	140.97	161.67	137.41
Long-Term Investments	4.12	4.21	0.19	3.14	4.43	29.66
Other Intangible Assets	53.29	55.31	33.62	39.9	18.91	19.39
Long-Term Deferred Tax Assets	20.79	22.31	17.93	10.92	10.17	8.31
Long-Term Deferred Charges	3.2	3.26	4.67	2.47	2.94	0.34
Other Long-Term Assets	76.37	76.53	82.57	60.89	56.5	0.49
Total Assets	1,412	1,466	1,341	1,273	1,364	1,051
Accounts Payable	119.9	127.99	97.75	62.61	107.07	71.42
Accrued Expenses	48.32	64.88	50.11	39.33	37.49	25.34
Short-Term Debt	14.01	19.01	10	-	-	-
Current Portion of Leases	1.99	1.83	3.28	9.02	8.2	3.72
Current Income Taxes Payable	7.42	4.44	1.23	0.04	0	0.13
Current Unearned Revenue	62.83	65.9	39.84	55.08	57.21	30.05
Other Current Liabilities	25.24	27.76	30.15	30.23	36.85	51.57
Total Current Liabilities	279.71	311.81	232.36	196.31	246.82	182.23
Long-Term Leases	3.37	3.78	3.08	7.73	17.76	4.28
Long-Term Unearned Revenue	6.56	6.75	8.75	6.89	9.65	6.5
Long-Term Deferred Tax Liabilities	0.01	0.26	-	-	-	0.41
Total Liabilities	289.65	322.61	244.19	210.93	274.24	193.42
Common Stock	186.63	186.63	185.52	185.52	142.71	135.81
Additional Paid-In Capital	377.8	376.44	363.29	356.9	399.71	211.51
Retained Earnings	555.31	577.25	548.33	519.18	547.01	510.08
Comprehensive Income & Other	2.51	3.46	-0.15	0.04	0.05	0.06
Total Common Equity	1,122	1,144	1,097	1,062	1,089	857.47
Minority Interest	-0.2	0.01	0.05	-	-	0.24
Shareholders' Equity	1,122	1,144	1,097	1,062	1,089	857.71
Total Liabilities & Equity	1,412	1,466	1,341	1,273	1,364	1,051
Total Debt	19.37	24.62	16.37	16.76	25.96	8
Net Cash (Debt)	597.63	674.85	617.32	622.73	635.36	362.82
Net Cash Growth	14.43%	9.32%	-0.87%	-1.99%	75.12%	-9.55%
Net Cash Per Share	3.17	3.62	3.39	3.44	3.45	2.05
Filing Date Shares Outstanding	186.63	186.63	185.52	185.52	185.52	176.56
Total Common Shares Outstanding	186.63	186.63	185.52	185.52	185.52	176.56
Working Capital	810.44	833.88	842.79	817.98	862.28	673.3
Book Value Per Share	6.01	6.13	5.91	5.72	5.87	4.86
Tangible Book Value	1,069	1,088	1,063	1,022	1,071	838.08
Tangible Book Value Per Share	5.73	5.83	5.73	5.51	5.77	4.75
Buildings	-	122.4	122.4	124.06	123.6	118.86
Machinery	-	77.82	72.55	65.32	63.04	46.43
Construction In Progress	-	31.75	-	-	2.12	2.12

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