SHE:300930 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	46.2	56.57	25.07	82.85	280.19	38.92
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	-	-	-	-	-	264
Cash & Short-Term Investments	46.2	56.57	25.07	82.85	280.19	332.92
Cash Growth	372.82%	125.66%	-69.74%	-70.43%	-15.84%	967.67%
Accounts Receivable	278.13	230.43	192.1	131.77	111.67	232.89
Other Receivables	0.15	2.3	0.16	1.13	0.01	0.16
Receivables	278.28	232.73	192.27	132.9	111.68	233.05
Inventory	247.91	252.29	106.47	65.51	23.95	30.9
Other Current Assets	50.32	50.82	42.6	26.12	10.24	0.6
Total Current Assets	622.71	592.41	366.41	307.38	426.05	597.47
Property, Plant & Equipment	929.25	887.69	728.24	487.32	272.12	122.9
Long-Term Investments	25.53	34.84	35.36	35.41	25.53	25.53
Other Intangible Assets	109.9	110.46	112.7	115.08	116.01	30.7
Long-Term Deferred Tax Assets	16.24	13.76	6.05	5.45	1.2	0.2
Long-Term Deferred Charges	0.56	0.63	0.63	-	-	-
Other Long-Term Assets	-	0.62	17.26	1.4	5.9	-
Total Assets	1,705	1,640	1,267	952.04	846.8	776.79
Accounts Payable	142.87	157.48	105.54	58.13	26.65	38.46
Accrued Expenses	5.09	14.06	11.07	8.88	4.94	4.67
Short-Term Debt	369.45	274.33	170.14	-	-	-
Current Portion of Long-Term Debt	119.24	172.92	1.05	-	-	-
Current Income Taxes Payable	11.49	7.05	1.14	4.17	2.25	9.86
Current Unearned Revenue	2.38	4.66	0.71	1.61	0.81	4.17
Other Current Liabilities	10.14	0.99	0.36	1.11	1.25	0.62
Total Current Liabilities	660.66	631.49	290.01	73.9	35.91	57.77
Long-Term Debt	-	-	59	-	-	-
Long-Term Unearned Revenue	98.53	81.22	36.26	37.68	10.9	0.6
Total Liabilities	759.19	712.71	385.27	111.59	46.81	58.37
Common Stock	100	100	100	100	100	100
Additional Paid-In Capital	395.25	395.25	395.25	395.25	395.25	395.25
Retained Earnings	450.67	432.37	386.06	345.11	304.6	223.04
Comprehensive Income & Other	0.07	0.07	0.08	0.09	0.14	0.13
Shareholders' Equity	945.99	927.7	881.39	840.45	799.99	718.42
Total Liabilities & Equity	1,705	1,640	1,267	952.04	846.8	776.79
Total Debt	488.69	447.25	230.19	-	-	-
Net Cash (Debt)	-442.49	-390.68	-205.12	82.85	280.19	332.92
Net Cash Growth	-	-	-	-70.43%	-15.84%	967.67%
Net Cash Per Share	-4.36	-3.88	-2.05	0.84	2.82	3.39
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Working Capital	-37.96	-39.08	76.4	233.48	390.14	539.7
Book Value Per Share	9.46	9.28	8.81	8.40	8.00	7.18
Tangible Book Value	835.08	817.24	768.69	725.37	683.98	687.72
Tangible Book Value Per Share	8.35	8.17	7.69	7.25	6.84	6.88
Buildings	-	-	-	127.05	69.74	41.5
Machinery	-	512.72	288.03	172.36	71.41	70.63
Construction In Progress	-	148.09	256.44	250.81	196.17	71.11