SHE:300922 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	184.26	223.3	438.35	499.44	368.32	427.38
Trading Asset Securities	274.2	205.16	27.02	7.63	186.03	153.3
Cash & Short-Term Investments	458.46	428.46	465.37	507.07	554.36	580.68
Cash Growth	-4.27%	-7.93%	-8.22%	-8.53%	-4.53%	-1.88%
Accounts Receivable	101.18	141.75	124.78	104.66	150.9	146.03
Other Receivables	0.21	0.01	0.06	0.04	0.02	0
Receivables	101.4	141.76	124.84	104.71	150.91	146.03
Inventory	33.24	25.18	34.47	40.9	36.92	43.04
Other Current Assets	2.98	3.61	1.39	4.74	1	1.26
Total Current Assets	596.07	599.01	626.06	657.42	743.19	771.01
Property, Plant & Equipment	412.74	408.67	320.53	214.2	89.52	81.71
Long-Term Investments	39.33	39.43	35.19	34.76	20.22	19.51
Goodwill	-	-	-	-	-	4.32
Other Intangible Assets	39.42	39.65	40.58	41.52	42.57	43.63
Long-Term Deferred Tax Assets	10.02	10.06	6.86	2.87	3.16	2.8
Long-Term Deferred Charges	1.7	1.77	1.61	1.75	1.97	0.43
Other Long-Term Assets	38.57	34.37	13.94	12.77	26.49	5.56
Total Assets	1,138	1,133	1,045	965.3	927.12	928.98
Accounts Payable	121.01	146.04	104.49	46.53	35.9	27.18
Accrued Expenses	1.91	8.97	8.32	5.77	6.13	6.56
Current Portion of Leases	-	0.41	-	-	-	-
Current Income Taxes Payable	-3.04	0.05	6.01	4.59	10.97	7.86
Current Unearned Revenue	2.9	2.5	2.27	9.99	0.85	1.2
Other Current Liabilities	8.83	10.74	10.02	4.92	1.24	2.11
Total Current Liabilities	131.9	168.72	131.11	71.8	55.09	44.91
Long-Term Unearned Revenue	5.37	5.57	6.2	6.72	3.02	3.36
Long-Term Deferred Tax Liabilities	4.06	3.45	4.01	4.68	3.02	3.01
Other Long-Term Liabilities	-	-	-	-	0.01	0.02
Total Liabilities	141.34	177.74	141.32	83.2	61.14	51.3
Common Stock	158.76	158.76	156.81	156.81	156.81	112.01
Additional Paid-In Capital	600.46	574.41	541.15	524.13	524.13	568.93
Retained Earnings	233.53	233.29	218.89	200.5	184	196.31
Treasury Stock	-	-15	-15	-	-	-
Comprehensive Income & Other	3.25	3.25	1.09	0.65	1.04	0.43
Total Common Equity	996	954.72	902.95	882.1	865.98	877.68
Minority Interest	0.5	0.5	0.5	-	-	-
Shareholders' Equity	996.51	955.22	903.45	882.1	865.98	877.68
Total Liabilities & Equity	1,138	1,133	1,045	965.3	927.12	928.98
Total Debt	0.29	0.41	-	-	-	-
Net Cash (Debt)	458.17	428.05	465.37	507.07	554.36	580.68
Net Cash Growth	-4.18%	-8.02%	-8.22%	-8.53%	-4.53%	-1.88%
Net Cash Per Share	2.85	2.67	2.91	3.31	3.50	3.67
Filing Date Shares Outstanding	162.41	157.22	155.27	156.81	156.81	156.81
Total Common Shares Outstanding	162.41	157.22	155.27	156.81	156.81	156.81
Working Capital	464.17	430.29	494.96	585.62	688.1	726.1
Book Value Per Share	6.13	6.07	5.82	5.63	5.52	5.60
Tangible Book Value	956.59	915.07	862.37	840.58	823.41	829.73
Tangible Book Value Per Share	5.89	5.82	5.55	5.36	5.25	5.29
Buildings	-	94.34	94.34	94.34	94.34	89.41
Machinery	-	90.51	86.98	83.85	79.98	77.92
Construction In Progress	-	350.97	259.01	146.11	16.03	6.62

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