SHE:300722 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	183.23	242.55	227.1	200.74	156.15	144.73
Cash & Short-Term Investments	183.23	242.55	227.1	200.74	156.15	144.73
Cash Growth	6.34%	6.81%	13.13%	28.56%	7.89%	9.94%
Accounts Receivable	257.61	267.03	232.23	201.89	175.32	136.1
Other Receivables	7.2	0.34	0.28	0.47	0.52	0.29
Receivables	264.81	267.38	232.51	202.36	175.84	136.38
Inventory	177.64	140.13	111.52	104.54	100.13	87.43
Prepaid Expenses	-	-	-	-	0.06	-
Other Current Assets	4.92	8.94	15.62	11.57	7.14	4.22
Total Current Assets	630.61	659	586.76	519.22	439.32	372.76
Property, Plant & Equipment	198.71	202.61	204.34	200.26	201.81	209.91
Long-Term Investments	5.1	0.26	1.3	1.38	1.43	1.47
Goodwill	-	-	-	1.56	2.68	2.68
Other Intangible Assets	51.37	51.7	33.41	34.68	35.76	33.06
Long-Term Deferred Tax Assets	8.11	7.8	4.98	4.49	4.02	3.12
Long-Term Deferred Charges	-	-	-	0.44	1.3	-
Other Long-Term Assets	4.16	1.3	2.59	2.62	1.93	0.15
Total Assets	898.05	922.67	833.39	764.65	688.25	623.15
Accounts Payable	74.21	91.76	66.66	38.85	20.45	21.05
Accrued Expenses	15.92	40.6	28.69	29.13	29.16	25.69
Current Portion of Leases	-	0.58	0.45	0.26	0.78	0.43
Current Income Taxes Payable	6.46	2.7	1.77	1.95	4.93	3.03
Current Unearned Revenue	86.76	76.88	67.02	74.93	60.75	41.86
Other Current Liabilities	3.51	3.16	4.87	2.78	2.85	3.3
Total Current Liabilities	187.36	215.68	169.46	147.89	118.91	95.35
Long-Term Leases	-	0.03	0.34	0.07	-	-
Long-Term Unearned Revenue	10.17	11.04	9.44	10.38	9.36	7.14
Long-Term Deferred Tax Liabilities	0.1	0.12	0.13	0.07	-	-
Other Long-Term Liabilities	25.73	25.86	18.7	18.7	18.7	18.7
Total Liabilities	223.36	252.73	198.07	177.11	146.97	121.19
Common Stock	276.76	276.76	276.76	230.63	192.19	174.72
Additional Paid-In Capital	12.55	12.55	12.55	53.78	92.22	109.69
Retained Earnings	368.51	364.98	332.31	290.03	243.13	206.44
Comprehensive Income & Other	17.27	16.04	14.21	12.13	11.88	8.78
Total Common Equity	675.09	670.33	635.83	586.57	539.42	499.62
Minority Interest	-0.4	-0.39	-0.52	0.98	1.86	2.34
Shareholders' Equity	674.7	669.94	635.32	587.55	541.28	501.96
Total Liabilities & Equity	898.05	922.67	833.39	764.65	688.25	623.15
Total Debt	0.49	0.61	0.79	0.33	0.78	0.43
Net Cash (Debt)	182.74	241.94	226.31	200.41	155.37	144.3
Net Cash Growth	6.45%	6.91%	12.92%	29.00%	7.66%	9.62%
Net Cash Per Share	0.67	0.88	0.83	0.71	0.57	0.52
Filing Date Shares Outstanding	276.29	276.76	276.76	276.76	276.76	276.76
Total Common Shares Outstanding	276.29	276.76	276.76	276.76	276.76	276.76
Working Capital	443.25	443.32	417.3	371.32	320.4	277.41
Book Value Per Share	2.44	2.42	2.30	2.12	1.95	1.81
Tangible Book Value	623.72	618.63	602.43	550.33	500.98	463.88
Tangible Book Value Per Share	2.26	2.24	2.18	1.99	1.81	1.68
Buildings	-	201.54	201.13	199.72	198.54	197.14
Machinery	-	112.13	95.19	87.21	79.03	74.85
Construction In Progress	-	14.73	16.5	6.13	0.23	1.33

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