SHE:300652 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	344.82	336.77	282.63	350.42	340.44	307.86
Trading Asset Securities	100.64	40.41	321.63	353.38	331.64	344.29
Cash & Short-Term Investments	445.46	377.18	604.27	703.8	672.08	652.16
Cash Growth	-28.35%	-37.58%	-14.14%	4.72%	3.06%	-3.79%
Accounts Receivable	298.5	331.67	182.24	151.83	132.69	136.39
Other Receivables	10.09	5.09	26.78	14.55	10.48	6.69
Receivables	308.59	336.76	209.02	166.38	143.17	143.08
Inventory	317.8	300.82	273.21	228.86	230.8	251.29
Other Current Assets	71.48	66.8	18.4	8.93	14.78	20.06
Total Current Assets	1,143	1,082	1,105	1,108	1,061	1,067
Property, Plant & Equipment	638.96	635.8	528.45	424.02	293.63	244.14
Long-Term Investments	268.59	268.9	91.62	58.1	35.05	35.07
Goodwill	45.21	45.21	-	-	-	-
Other Intangible Assets	59.29	59.19	53.84	55.01	56.48	57.95
Long-Term Deferred Tax Assets	16.81	15	9.73	6.29	3.64	4.32
Long-Term Deferred Charges	6.01	4.94	6.2	4.52	1.07	1.72
Other Long-Term Assets	30.09	27.71	43.16	21.41	66.21	35.77
Total Assets	2,208	2,138	1,838	1,677	1,517	1,446
Accounts Payable	336.33	355.52	369.15	306.18	218.95	225.27
Accrued Expenses	16.38	26.6	26.04	23.71	22.99	25.73
Short-Term Debt	166.13	110.14	10.01	-	-	-
Current Portion of Long-Term Debt	2.75	2.71	-	-	-	-
Current Portion of Leases	-	-	-	0.69	-	-
Current Income Taxes Payable	10.69	10.26	5.92	4.97	9.57	12.56
Current Unearned Revenue	17.9	12.67	12.98	7.41	11.12	11.08
Other Current Liabilities	8.52	7.83	2.88	6.94	7.09	3.74
Total Current Liabilities	558.69	525.72	426.99	349.89	269.72	278.37
Long-Term Debt	0.02	0.03	-	-	-	154.06
Long-Term Leases	7.2	6.47	-	0.18	-	-
Long-Term Unearned Revenue	15.5	6.74	0.47	0.68	1	1.24
Long-Term Deferred Tax Liabilities	1.54	0.92	0.94	1.39	0.03	0.7
Other Long-Term Liabilities	2.69	2.97	2.78	3.34	3.66	2.61
Total Liabilities	585.65	542.85	431.17	355.47	274.4	436.98
Common Stock	133.39	133.39	102.61	102.61	102.61	94.08
Additional Paid-In Capital	614.3	614.3	641.53	641.53	641.53	469.04
Retained Earnings	799.18	772.41	646.57	577.71	498.37	422.85
Comprehensive Income & Other	-	-	-	-	-	22.6
Total Common Equity	1,547	1,520	1,391	1,322	1,243	1,009
Minority Interest	75.77	75.38	16	-	-	-
Shareholders' Equity	1,623	1,595	1,407	1,322	1,243	1,009
Total Liabilities & Equity	2,208	2,138	1,838	1,677	1,517	1,446
Total Debt	176.1	119.34	10.01	0.86	-	154.06
Net Cash (Debt)	269.36	257.84	594.26	702.94	672.08	498.1
Net Cash Growth	-55.97%	-56.61%	-15.46%	4.59%	34.93%	-6.20%
Net Cash Per Share	1.91	1.94	4.45	5.26	5.13	3.99
Filing Date Shares Outstanding	133.88	131.99	133.39	133.39	133.39	122.31
Total Common Shares Outstanding	133.88	131.99	133.39	133.39	133.39	122.31
Working Capital	584.63	555.84	677.91	758.08	791.11	788.21
Book Value Per Share	11.55	11.52	10.43	9.91	9.31	8.25
Tangible Book Value	1,442	1,416	1,337	1,267	1,186	950.62
Tangible Book Value Per Share	10.77	10.73	10.02	9.50	8.89	7.77
Buildings	-	-	249.38	185.73	125.1	124.76
Machinery	-	-	393.25	283.35	261.52	234.52
Construction In Progress	-	-	110.21	146.3	75.33	32.88

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