SHE:301016 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	227.73	206.36	274.88	259.05	344.79	526.55
Trading Asset Securities	295.23	347.19	353.93	363	331.1	60
Cash & Short-Term Investments	522.96	553.55	628.81	622.05	675.89	586.55
Cash Growth	-14.21%	-11.97%	1.09%	-7.97%	15.23%	295.79%
Accounts Receivable	309.67	310.65	239.87	265.64	144.83	104.64
Other Receivables	0.54	0.54	0.56	0.38	1.39	0.56
Receivables	310.2	311.18	240.44	266.02	146.22	105.21
Inventory	117.22	88.33	101.73	101.98	90.7	135.28
Other Current Assets	0.68	0.73	0.57	2.38	1.36	5.69
Total Current Assets	951.06	953.8	971.55	992.43	914.17	832.73
Property, Plant & Equipment	176.16	181.03	190.61	204.89	199.82	205.45
Other Intangible Assets	34.46	35	36.02	34.36	31.8	32.26
Long-Term Deferred Tax Assets	4.12	4.16	2.92	3.11	2.58	2.86
Total Assets	1,166	1,174	1,201	1,235	1,148	1,073
Accounts Payable	110.35	108.33	128.56	191.38	146.01	155.78
Accrued Expenses	3.94	17.11	15.15	9.63	13.31	9.74
Current Income Taxes Payable	1.9	3.51	2.51	0.72	3.58	2.12
Current Unearned Revenue	0.08	0.17	2.13	2.74	2.6	3.16
Other Current Liabilities	12.82	12.06	1.47	13.76	1.1	0.69
Total Current Liabilities	129.11	141.19	149.83	218.24	166.6	171.49
Long-Term Unearned Revenue	4.89	4.98	5.35	5.71	6.07	6.43
Long-Term Deferred Tax Liabilities	0.06	0.06	-	-	-	-
Total Liabilities	134.06	146.23	155.18	223.95	172.67	177.93
Common Stock	218.4	218.4	156	120	120	120
Additional Paid-In Capital	330.46	329.48	388.63	418.99	412.44	405.88
Retained Earnings	474.57	471.96	494.74	467.09	439.26	366.45
Comprehensive Income & Other	8.2	7.78	6.31	4.75	4.01	3.03
Total Common Equity	1,032	1,028	1,046	1,011	975.71	895.37
Minority Interest	0.12	0.15	0.23	-	-	-
Shareholders' Equity	1,032	1,028	1,046	1,011	975.71	895.37
Total Liabilities & Equity	1,166	1,174	1,201	1,235	1,148	1,073
Net Cash (Debt)	522.96	553.55	628.81	622.05	675.89	586.55
Net Cash Growth	-14.21%	-11.97%	1.09%	-7.97%	15.23%	442.10%
Net Cash Per Share	1.71	1.81	2.06	2.05	2.22	2.20
Filing Date Shares Outstanding	306.65	305.76	305.76	305.76	305.76	305.76
Total Common Shares Outstanding	306.65	305.76	305.76	305.76	305.76	305.76
Working Capital	821.96	812.61	821.72	774.19	747.58	661.23
Book Value Per Share	3.36	3.36	3.42	3.31	3.19	2.93
Tangible Book Value	997.17	992.62	1,010	976.47	943.9	863.11
Tangible Book Value Per Share	3.25	3.25	3.30	3.19	3.09	2.82
Buildings	-	219.3	220.31	220.55	203.49	171.62
Machinery	-	108.26	100.99	100.16	95.65	90.54
Construction In Progress	-	1.09	1.84	0.85	3.11	30.78

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