SHE:300705 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	499.74	-	443.31	425.05	345.84	398.41
Trading Asset Securities	120.05	-	260.71	90.29	90.26	100.31
Cash & Short-Term Investments	619.79	-	704.02	515.34	436.1	498.72
Cash Growth	-24.33%	-	36.61%	18.17%	-12.56%	268.72%
Accounts Receivable	468.6	-	469.33	625.76	503.58	284.9
Other Receivables	5.14	-	7.46	3.72	0.49	2.15
Receivables	473.73	-	476.8	629.48	504.07	287.05
Inventory	380.29	-	367.7	265.53	241.04	214.48
Other Current Assets	71.19	-	53.26	19.61	25.28	20.03
Total Current Assets	1,545	-	1,602	1,430	1,206	1,020
Property, Plant & Equipment	1,609	-	1,355	1,141	892.29	606.83
Long-Term Investments	250.37	-	122.29	30	30	-
Other Intangible Assets	571.11	-	111.58	88.82	91.66	77.36
Long-Term Deferred Tax Assets	59.31	-	49.52	66.29	43.25	29.19
Long-Term Deferred Charges	42.74	-	42.69	27.69	10.73	3.16
Other Long-Term Assets	41.89	-	90.63	87.47	25.29	8.43
Total Assets	4,120	-	3,373	2,871	2,300	1,745
Accounts Payable	117.66	-	150.72	159.29	143.8	108.88
Accrued Expenses	33.27	-	93.25	80.59	85.84	47.27
Short-Term Debt	20.01	-	-	51.85	71.57	53.77
Current Portion of Long-Term Debt	46.25	-	8.89	5.95	13.12	50.54
Current Portion of Leases	-	-	0.05	0.11	0.11	-
Current Income Taxes Payable	40.18	-	3.22	8.92	0.69	7.73
Current Unearned Revenue	61.82	-	30.42	37.27	72.25	57.41
Other Current Liabilities	94.89	-	105.31	71.58	56.97	44.79
Total Current Liabilities	414.09	-	391.86	415.56	444.34	370.38
Long-Term Debt	504.79	-	293.77	332.48	231.49	224.28
Long-Term Leases	0.6	-	-	0.05	0.15	-
Long-Term Unearned Revenue	228.22	-	155.95	145.37	65.52	51.25
Long-Term Deferred Tax Liabilities	9.74	-	4.82	4.47	5.59	-
Total Liabilities	1,279	-	846.4	897.93	747.09	645.9
Common Stock	500.29	-	496.19	345.15	342.94	234.69
Additional Paid-In Capital	458.47	-	-	-	484.87	278.97
Retained Earnings	1,789	-	1,414	1,012	724.82	516.37
Comprehensive Income & Other	45.16	-	616.9	615.98	-	69.31
Shareholders' Equity	2,841	-	2,527	1,973	1,553	1,099
Total Liabilities & Equity	4,120	-	3,373	2,871	2,300	1,745
Total Debt	571.66	-	302.71	390.44	316.44	328.58
Net Cash (Debt)	48.13	-	401.31	124.9	119.66	170.14
Net Cash Growth	-89.47%	-	221.30%	4.38%	-29.67%	263.28%
Net Cash Per Share	0.10	-	0.81	0.25	0.26	0.37
Filing Date Shares Outstanding	515.78	483.38	496.19	483.2	480.11	459.99
Total Common Shares Outstanding	515.78	483.38	496.19	483.2	480.11	459.99
Working Capital	1,131	-	1,210	1,014	762.15	649.9
Book Value Per Share	5.22	-	5.09	4.08	3.23	2.39
Tangible Book Value	2,122	-	2,415	1,884	1,461	1,022
Tangible Book Value Per Share	4.11	-	4.87	3.90	3.04	2.22
Buildings	-	-	1,003	909.22	459.58	458.26
Machinery	-	-	650.21	459.5	359.41	316.06
Construction In Progress	-	-	80.97	69.32	308.14	18.16

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