SHE:301000 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	74.47	165.15	99.37	80.5	238.79	157.64
Short-Term Investments	-	-	90.61	37	-	-
Trading Asset Securities	188.47	150.84	291.46	464.09	355.94	548.11
Cash & Short-Term Investments	262.94	315.99	481.44	581.6	594.73	705.74
Cash Growth	-47.25%	-34.37%	-17.22%	-2.21%	-15.73%	1736.75%
Accounts Receivable	320.98	403.66	314.96	281.11	207.13	218.68
Other Receivables	4.65	0.68	29.89	5.46	5.9	5.5
Receivables	325.63	404.33	344.85	286.57	213.03	224.19
Inventory	194.6	187.46	156.96	143.36	134.38	101.61
Other Current Assets	57.94	56.19	2.62	97.86	132.97	64.02
Total Current Assets	841.11	963.97	985.86	1,109	1,075	1,096
Property, Plant & Equipment	433.54	378.01	196.53	189.15	167.83	142.93
Other Intangible Assets	136.78	137.52	140.48	6.95	7.21	7.48
Long-Term Accounts Receivable	-	-	-	2.83	-	-
Long-Term Deferred Tax Assets	6.19	7.18	6.17	5.8	5.16	2.54
Long-Term Deferred Charges	23.28	24.56	20.26	16.58	12.63	9.69
Other Long-Term Assets	81.39	22.98	22.05	25.08	11.27	5.22
Total Assets	1,522	1,534	1,371	1,356	1,279	1,263
Accounts Payable	127.99	161.87	125.23	113.78	102.33	92.5
Accrued Expenses	14.72	33.47	32.99	26.77	22.91	23.97
Short-Term Debt	-	-	-	17.59	-	-
Current Portion of Long-Term Debt	3.51	2.26	-	-	-	-
Current Portion of Leases	-	-	3.03	3.46	3.24	3.65
Current Income Taxes Payable	2.42	4.61	2.96	4.99	1.53	6.48
Current Unearned Revenue	6.24	5.31	7.15	11.93	10.33	5.35
Other Current Liabilities	14	19.69	10.99	18.89	4.62	9.6
Total Current Liabilities	168.87	227.2	182.35	197.4	144.97	141.56
Long-Term Leases	14.32	1.48	3.74	6.04	9.63	12.46
Long-Term Unearned Revenue	15.93	10.94	11.14	0.77	1.17	1.57
Long-Term Deferred Tax Liabilities	4.22	4.31	5.1	5.53	5.85	4.09
Total Liabilities	203.34	243.93	202.32	209.75	161.63	159.69
Common Stock	242.88	242.88	242.16	172.8	96	53.33
Additional Paid-In Capital	712.89	711.15	693.59	756.31	831.17	873.84
Retained Earnings	359.96	333.17	232.46	216.92	190.41	176.28
Comprehensive Income & Other	0.01	-0	-	-	-	-
Total Common Equity	1,316	1,287	1,168	1,146	1,118	1,103
Minority Interest	3.21	3.08	0.83	-	-	0.27
Shareholders' Equity	1,319	1,290	1,169	1,146	1,118	1,104
Total Liabilities & Equity	1,522	1,534	1,371	1,356	1,279	1,263
Total Debt	17.83	3.74	6.77	27.09	12.88	16.11
Net Cash (Debt)	245.11	312.25	474.67	554.51	581.85	689.63
Net Cash Growth	-50.23%	-34.22%	-14.40%	-4.70%	-15.63%	6039.12%
Net Cash Per Share	1.02	1.30	1.97	2.31	2.43	3.18
Filing Date Shares Outstanding	243.59	229.83	242.16	241.92	241.92	241.92
Total Common Shares Outstanding	243.59	229.83	242.16	241.92	241.92	241.92
Working Capital	672.24	736.76	803.52	911.99	930.14	954
Book Value Per Share	5.40	5.60	4.82	4.74	4.62	4.56
Tangible Book Value	1,179	1,150	1,028	1,139	1,110	1,096
Tangible Book Value Per Share	4.84	5.00	4.24	4.71	4.59	4.53
Buildings	-	-	22.56	21.44	17.21	17.21
Machinery	-	-	290.96	257.68	216.78	174.76
Construction In Progress	-	-	3.42	2	-	-

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