SHE:301020 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	622.55	614.07	634.7	507.31	501.81	468.99
Trading Asset Securities	90.16	80.02	80.11	200.56	124.36	130.22
Cash & Short-Term Investments	712.71	694.1	714.82	707.86	626.17	599.21
Cash Growth	6.55%	-2.90%	0.98%	13.05%	4.50%	365.84%
Accounts Receivable	361.42	300.03	282.71	264.96	249.32	249.9
Other Receivables	0.21	-	0.06	0.08	0.11	0.06
Receivables	361.63	300.03	282.77	265.04	249.43	249.95
Inventory	135.66	141.41	135.26	117.38	116.01	108.31
Other Current Assets	1.11	2.84	0.39	0.26	0.33	2.39
Total Current Assets	1,211	1,138	1,133	1,091	991.93	959.86
Property, Plant & Equipment	89.95	88.33	62.43	53.61	57.49	59.83
Other Intangible Assets	7.2	7.37	7.99	8.11	8.57	8.05
Long-Term Deferred Tax Assets	11.28	10.47	9.49	8.92	7.73	7.59
Other Long-Term Assets	6.24	8.4	8.3	6.1	0.98	2.53
Total Assets	1,326	1,253	1,221	1,167	1,067	1,038
Accounts Payable	237.45	195.15	211.15	193.72	140.09	148
Accrued Expenses	19.69	27.67	26.65	24.44	22.6	20.18
Current Income Taxes Payable	11.15	4.46	3.78	3.04	1.31	-
Current Unearned Revenue	1.31	2.46	3.37	0.82	0.79	0.63
Other Current Liabilities	2.61	4.86	4.86	3.73	7.35	1.83
Total Current Liabilities	272.2	234.6	249.81	225.74	172.14	170.65
Long-Term Deferred Tax Liabilities	2.32	2.48	3.2	4.03	4.85	4.45
Other Long-Term Liabilities	41.62	36.68	33.17	33.26	32.02	30.8
Total Liabilities	316.14	273.76	286.18	263.03	209.01	205.89
Common Stock	146.4	146.4	146.4	146.4	146.4	146.4
Additional Paid-In Capital	319.2	319.2	319.2	319.2	319.2	319.2
Retained Earnings	539.75	509.76	466.64	435.98	389.97	364.93
Comprehensive Income & Other	4.28	3.83	3.04	2.68	2.13	1.44
Shareholders' Equity	1,010	979.18	935.28	904.25	857.69	831.96
Total Liabilities & Equity	1,326	1,253	1,221	1,167	1,067	1,038
Net Cash (Debt)	712.71	694.1	714.82	707.86	626.17	599.21
Net Cash Growth	6.55%	-2.90%	0.98%	13.05%	4.50%	365.84%
Net Cash Per Share	4.82	4.71	4.89	4.79	4.27	4.66
Filing Date Shares Outstanding	146.4	146.4	146.4	146.4	146.4	146.4
Total Common Shares Outstanding	146.4	146.4	146.4	146.4	146.4	146.4
Working Capital	938.9	903.78	883.42	864.81	819.79	789.21
Book Value Per Share	6.90	6.69	6.39	6.18	5.86	5.68
Tangible Book Value	1,002	971.81	927.28	896.15	849.12	823.91
Tangible Book Value Per Share	6.85	6.64	6.33	6.12	5.80	5.63
Buildings	-	52.67	52.67	49.91	49.91	47.18
Machinery	-	171.98	162.13	149.61	143.12	132.24
Construction In Progress	-	24.33	0.62	0.51	0.83	1.28

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