SHE:300821 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,113	980.78	795.41	587.35	1,084	1,961
Cash & Short-Term Investments	1,113	980.78	795.41	587.35	1,084	1,961
Cash Growth	29.50%	23.30%	35.43%	-45.82%	-44.71%	-27.50%
Accounts Receivable	1,164	850.01	1,371	1,278	1,891	664.85
Other Receivables	1.67	1.84	3.81	3	1.35	0.09
Receivables	1,165	851.86	1,375	1,281	1,893	664.94
Inventory	425.85	414.01	418.77	469.91	440.47	463.06
Other Current Assets	7.46	3.44	2.49	21.25	73.27	27.41
Total Current Assets	2,712	2,250	2,591	2,359	3,491	3,116
Property, Plant & Equipment	3,041	3,131	3,332	3,473	3,378	2,604
Long-Term Investments	318.39	318.39	259.52	303.19	255.13	182.35
Other Intangible Assets	166.58	167.93	172.29	178.71	183.79	185.53
Other Long-Term Assets	29.83	16.93	15.51	11.97	100.18	186.52
Total Assets	6,267	5,885	6,371	6,326	7,408	6,275
Accounts Payable	528.05	390.93	447.47	581.62	711.58	893.93
Accrued Expenses	37.55	48.97	49.93	47.52	54.5	38.06
Current Portion of Leases	-	-	-	-	0.74	-
Current Income Taxes Payable	12.62	-	-	-	-	50.98
Current Unearned Revenue	99.22	36.83	53.24	32.31	50.91	104.99
Other Current Liabilities	431.57	446.69	890.42	744.1	1,296	23.78
Total Current Liabilities	1,109	923.42	1,441	1,406	2,114	1,112
Long-Term Leases	-	-	-	-	-	2.12
Long-Term Unearned Revenue	6.25	6.57	8.64	12.13	11.19	10.11
Long-Term Deferred Tax Liabilities	27.31	27.31	18.48	25.03	42.63	24.82
Total Liabilities	1,143	957.3	1,468	1,443	2,167	1,149
Common Stock	1,200	1,200	1,200	1,200	1,200	1,200
Additional Paid-In Capital	2,126	2,122	2,110	2,107	2,107	2,107
Retained Earnings	1,645	1,451	1,489	1,432	1,823	1,768
Comprehensive Income & Other	154.77	154.77	104.73	141.85	107.21	50.87
Total Common Equity	5,126	4,929	4,903	4,881	5,237	5,126
Minority Interest	-1.28	-1.28	-1.01	2.93	3.36	-
Shareholders' Equity	5,125	4,927	4,902	4,884	5,241	5,126
Total Liabilities & Equity	6,267	5,885	6,371	6,326	7,408	6,275
Total Debt	-	-	-	-	0.74	2.12
Net Cash (Debt)	1,113	980.78	795.41	587.35	1,083	1,959
Net Cash Growth	29.50%	23.30%	35.43%	-45.78%	-44.69%	-27.57%
Net Cash Per Share	1.16	1.02	0.70	0.50	0.91	1.63
Filing Date Shares Outstanding	1,213	1,200	1,200	1,200	1,200	1,200
Total Common Shares Outstanding	1,213	1,200	1,200	1,200	1,200	1,200
Working Capital	1,603	1,327	1,150	953.8	1,377	2,004
Book Value Per Share	4.23	4.11	4.09	4.07	4.36	4.27
Tangible Book Value	4,960	4,761	4,731	4,702	5,054	4,940
Tangible Book Value Per Share	4.09	3.97	3.94	3.92	4.21	4.12
Buildings	-	1,354	1,334	1,350	1,230	431.05
Machinery	-	3,972	3,762	3,610	3,276	1,380
Construction In Progress	-	26.67	144.76	155.78	214.75	1,900

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