SHE:300971 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	441.55	414.16	404.37	311.84	483.14	248.31
Short-Term Investments	-	-	19.51	37.07	-	-
Trading Asset Securities	-	0.05	-	40.04	-	190.99
Cash & Short-Term Investments	441.55	414.21	423.88	388.96	483.14	439.3
Cash Growth	10.67%	-2.28%	8.98%	-19.49%	9.98%	343.27%
Accounts Receivable	379.94	391.63	308.15	348.23	312.76	318.16
Other Receivables	7.64	9.83	7.43	23.68	6.47	2.42
Receivables	387.59	401.45	315.57	371.91	319.23	320.58
Inventory	163.66	150.56	86.36	86.85	74.62	86.16
Other Current Assets	70.76	47.23	2.26	1.67	8.87	5.55
Total Current Assets	1,064	1,013	828.08	849.38	885.87	851.58
Property, Plant & Equipment	384.95	387.99	361.09	333.03	232.7	209.71
Long-Term Investments	56.38	58.32	38.11	31.19	30.49	15.02
Other Intangible Assets	42.53	45.33	43.01	44.5	46.97	47.47
Long-Term Deferred Tax Assets	25.08	28.97	27.74	26.08	26.37	19.28
Long-Term Deferred Charges	9.16	9.26	0.84	0.89	0.34	0.28
Other Long-Term Assets	2.18	2.51	8.84	6.85	37.16	4.7
Total Assets	1,584	1,546	1,308	1,292	1,260	1,148
Accounts Payable	112.4	116.09	74.21	121.74	104.32	76.54
Accrued Expenses	17.13	23.91	28.88	24.11	30.5	26.72
Short-Term Debt	30	0.14	50	30	35	30
Current Portion of Long-Term Debt	-	0.82	-	-	-	-
Current Portion of Leases	-	-	0.34	0.68	2.17	1
Current Income Taxes Payable	14	15.97	8.03	1.81	8.3	7.81
Current Unearned Revenue	155.84	137.88	24.2	26.67	22.69	31.7
Other Current Liabilities	99.1	107.83	60.54	58.43	57.45	35.8
Total Current Liabilities	428.47	402.63	246.21	263.44	260.44	209.57
Long-Term Leases	1.44	0.75	0.77	0.1	3.96	1.28
Long-Term Unearned Revenue	29.51	30.09	25.73	22.1	23.26	24.92
Long-Term Deferred Tax Liabilities	8.67	9.31	8.62	8.38	8.28	6.89
Other Long-Term Liabilities	-	-	5.43	5.79	5.4	5.74
Total Liabilities	468.09	442.78	286.75	299.81	301.33	248.41
Common Stock	117.6	117.6	84	84	84	84
Additional Paid-In Capital	432.39	432.29	465.89	465.89	465.89	466.63
Retained Earnings	495	483.64	421.23	398.44	353.18	324.88
Comprehensive Income & Other	37.94	36.42	32.63	28.56	25.47	21.9
Total Common Equity	1,083	1,070	1,004	976.9	928.55	897.42
Minority Interest	32.81	33.11	17.21	15.22	30.02	2.22
Shareholders' Equity	1,116	1,103	1,021	992.11	958.57	899.63
Total Liabilities & Equity	1,584	1,546	1,308	1,292	1,260	1,148
Total Debt	31.44	1.7	51.11	30.78	41.13	32.28
Net Cash (Debt)	410.11	412.51	372.78	358.18	442.01	407.01
Net Cash Growth	17.89%	10.66%	4.08%	-18.97%	8.60%	588.64%
Net Cash Per Share	3.71	4.10	3.16	3.05	3.77	3.76
Filing Date Shares Outstanding	122.08	47.81	117.6	117.6	117.6	117.6
Total Common Shares Outstanding	122.08	47.81	117.6	117.6	117.6	117.6
Working Capital	635.08	610.82	581.87	585.94	625.42	642.01
Book Value Per Share	8.87	22.38	8.54	8.31	7.90	7.63
Tangible Book Value	1,040	1,025	960.74	932.39	881.58	849.95
Tangible Book Value Per Share	8.52	21.43	8.17	7.93	7.50	7.23
Buildings	-	-	238.64	221.1	180.25	178.15
Machinery	-	-	287.2	255.54	189.49	175.33
Construction In Progress	-	-	55.94	50.94	38.07	16.31

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