SHE:300916 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	1,013	1,113	783.29	722.79	603.51	338.26
Trading Asset Securities	369.78	224.42	370.97	337.48	239.17	469.34
Cash & Short-Term Investments	1,383	1,337	1,154	1,060	842.68	807.61
Cash Growth	25.43%	15.83%	8.87%	25.82%	4.34%	24.64%
Accounts Receivable	442.72	392.1	462.29	439.28	346.06	232.58
Other Receivables	17.1	24.69	8.61	6.16	13.87	5.53
Receivables	459.82	416.79	470.9	445.44	359.93	238.11
Inventory	139.98	121.21	107.2	113.2	84.97	126.17
Prepaid Expenses	-	-	-	0.4	0.12	0.76
Other Current Assets	42.33	26.81	10.59	26.54	18.43	3.28
Total Current Assets	2,025	1,902	1,743	1,646	1,306	1,176
Property, Plant & Equipment	330.29	342.19	138.88	133.83	161.9	102.22
Long-Term Investments	35.15	36.51	42.19	54.74	35.55	5.55
Other Intangible Assets	6.45	6.12	6.75	3.85	3.13	2.38
Long-Term Deferred Tax Assets	9.44	9.09	8.68	6.78	7.39	3.09
Long-Term Deferred Charges	11.54	10.04	3.07	5.35	7.16	3.47
Other Long-Term Assets	27.73	27.52	5.87	1.1	0.24	1.81
Total Assets	2,450	2,333	1,948	1,852	1,521	1,294
Accounts Payable	446.07	468.7	363.76	364.1	273.44	178.68
Accrued Expenses	17.17	21.32	50.05	51.74	46.91	25.77
Short-Term Debt	535.27	383.89	98.55	160.17	-	88.59
Current Portion of Long-Term Debt	13.55	13.01	-	-	-	-
Current Portion of Leases	-	-	9.29	11.06	10.34	6.24
Current Income Taxes Payable	29.2	22.6	9.71	5.76	4.58	6.75
Current Unearned Revenue	6.8	4.33	4.8	6.73	7.61	8.02
Other Current Liabilities	17.37	19.08	53.98	1.89	1.93	7.93
Total Current Liabilities	1,065	932.92	590.15	601.43	344.81	321.97
Long-Term Leases	9.09	11.74	12.34	12.57	23.77	8.82
Long-Term Unearned Revenue	3.85	1.29	2.96	1.68	2.61	2.6
Long-Term Deferred Tax Liabilities	2.9	2.83	4.79	6.49	4.67	0.36
Total Liabilities	1,081	948.78	610.24	622.18	375.86	333.75
Common Stock	144.64	144.64	144.64	144.64	95.81	63.87
Additional Paid-In Capital	534.7	534.7	534.7	534.7	570.93	585.64
Retained Earnings	698.73	698.19	650.29	535.76	475.16	313.12
Comprehensive Income & Other	-9.93	5.76	8.12	13.6	1.5	-1.93
Total Common Equity	1,368	1,383	1,338	1,229	1,143	960.7
Minority Interest	0.13	1.17	0.4	0.63	2.23	-
Shareholders' Equity	1,368	1,384	1,338	1,229	1,146	960.7
Total Liabilities & Equity	2,450	2,333	1,948	1,852	1,521	1,294
Total Debt	557.92	408.65	120.19	183.8	34.11	103.65
Net Cash (Debt)	824.81	928.33	1,034	876.48	808.57	703.96
Net Cash Growth	-21.71%	-10.23%	17.98%	8.40%	14.86%	10.29%
Net Cash Per Share	5.96	6.42	7.18	6.06	5.63	4.90
Filing Date Shares Outstanding	119.74	146.3	144.64	144.64	143.71	143.71
Total Common Shares Outstanding	119.74	146.3	144.64	144.64	143.71	143.71
Working Capital	959.41	968.86	1,153	1,044	961.32	853.97
Book Value Per Share	11.43	9.46	9.25	8.49	7.96	6.69
Tangible Book Value	1,358	1,377	1,331	1,225	1,140	958.32
Tangible Book Value Per Share	11.34	9.41	9.20	8.47	7.93	6.67
Land	-	-	13.32	-	-	-
Buildings	-	-	31.52	31.52	31.52	31.52
Machinery	-	-	159.18	152.19	146.89	89.95
Construction In Progress	-	-	9.38	0.05	0.47	0.7

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