SHE:300727 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	344.72	303.53	365.65	295.08	315.91	126.95
Trading Asset Securities	10.04	35.06	47.38	140.43	9.96	0.37
Cash & Short-Term Investments	354.76	338.59	413.03	435.51	325.88	127.32
Cash Growth	9.58%	-18.02%	-5.16%	33.64%	155.95%	6.13%
Accounts Receivable	671.9	592.45	572.72	491.63	425.21	425.98
Other Receivables	17.05	14.13	12.29	6.67	6.49	9.04
Receivables	688.95	606.59	585.01	498.3	431.7	435.02
Inventory	135.69	146.23	132.55	107.52	125.21	90.55
Other Current Assets	40.99	34.49	25.9	23.46	22.6	23.41
Total Current Assets	1,220	1,126	1,156	1,065	905.39	676.3
Property, Plant & Equipment	529.41	536.72	516.27	476.4	473.96	444.27
Other Intangible Assets	89.07	89.78	47.63	49.41	49.36	49.87
Long-Term Deferred Tax Assets	13.2	13.46	14.58	10.93	10.3	5.33
Long-Term Deferred Charges	0.14	0.15	0.19	-	-	-
Other Long-Term Assets	7.94	2.4	3.13	3.64	5.16	14.44
Total Assets	1,860	1,768	1,738	1,605	1,444	1,190
Accounts Payable	255.16	221.18	268.94	252	190.69	290.65
Accrued Expenses	20.7	43.69	49.76	46.24	43.39	51.46
Short-Term Debt	-	-	-	-	1.11	30.52
Current Portion of Long-Term Debt	0.29	0.88	-	-	-	-
Current Portion of Leases	-	-	0.74	0.61	0.73	0.84
Current Income Taxes Payable	14.9	9.06	11.57	7.72	4.96	6.25
Current Unearned Revenue	12.76	6.51	6.39	5.4	5.17	9.86
Other Current Liabilities	160.02	132.22	152.05	130.63	115.91	111.19
Total Current Liabilities	463.83	413.53	489.44	442.61	361.95	500.77
Long-Term Debt	-	-	253.56	249	236.7	-
Long-Term Leases	1.25	1.25	1.07	1.04	1.56	0.94
Long-Term Unearned Revenue	14.4	14.77	15.94	17.16	16.96	10.8
Long-Term Deferred Tax Liabilities	-	-	-	-	3.23	0.09
Other Long-Term Liabilities	0.05	0.03	0.01	0.01	0.01	0.01
Total Liabilities	479.52	429.58	760.02	709.82	620.4	512.62
Common Stock	180.14	180.14	128.03	127.72	126.88	126.88
Additional Paid-In Capital	559.99	547.37	264.19	253.95	238.91	220.61
Retained Earnings	609.05	581.71	503.25	432.55	370.75	299.67
Comprehensive Income & Other	31.45	29.61	82.81	81.12	87.23	30.43
Shareholders' Equity	1,381	1,339	978.27	895.35	823.77	677.58
Total Liabilities & Equity	1,860	1,768	1,738	1,605	1,444	1,190
Total Debt	1.54	2.14	255.37	250.65	240.08	32.3
Net Cash (Debt)	353.22	336.46	157.66	184.86	85.79	95.02
Net Cash Growth	46.14%	113.40%	-14.71%	115.47%	-9.71%	-20.80%
Net Cash Per Share	1.97	1.91	0.95	1.11	0.52	0.57
Filing Date Shares Outstanding	182.28	244.62	166.43	166.03	164.95	164.94
Total Common Shares Outstanding	182.28	244.62	166.43	166.03	164.94	164.94
Working Capital	756.57	712.37	667.05	622.18	543.43	175.53
Book Value Per Share	7.57	5.47	5.88	5.39	4.99	4.11
Tangible Book Value	1,292	1,249	930.64	845.93	774.4	627.72
Tangible Book Value Per Share	7.09	5.11	5.59	5.09	4.69	3.81
Buildings	-	-	353.02	352.89	336.12	198.19
Machinery	-	-	230.57	226.34	222.33	148.53
Construction In Progress	-	-	91.84	28.27	12.79	179.44

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