SHE:301023 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	417.7	409.44	330.37	366.71	452.59	567.66
Trading Asset Securities	137.2	136.52	191.32	239.08	242.18	127.02
Cash & Short-Term Investments	554.89	545.96	521.69	605.79	694.78	694.68
Cash Growth	1.20%	4.65%	-13.88%	-12.81%	0.01%	288.24%
Accounts Receivable	141.52	133.45	161.47	95.63	93.66	97.81
Other Receivables	0.09	0.04	0.05	0.07	0.07	0.02
Receivables	141.61	133.49	161.52	95.7	93.72	97.83
Inventory	30.23	32.07	32.19	29.85	18.59	22.06
Other Current Assets	2.09	1.8	2.61	2.14	2.52	1.78
Total Current Assets	728.82	713.32	718.01	733.48	809.6	816.34
Property, Plant & Equipment	91.8	93.83	97.16	91.16	71.43	58.35
Long-Term Investments	89.05	89.47	87.06	37.29	28.02	6
Other Intangible Assets	18.44	18.55	19	19.45	20.01	20.79
Long-Term Deferred Tax Assets	3.12	3.05	2.58	1.38	0.92	0.75
Long-Term Deferred Charges	0.01	0.01	0.39	1.1	2.45	2.21
Other Long-Term Assets	1.17	1.05	0.26	0.24	-	-
Total Assets	932.4	919.28	924.46	884.1	932.43	904.45
Accounts Payable	60.73	58.39	80.34	60.56	52.22	75.44
Accrued Expenses	6.41	9.72	11.22	8.43	13.21	14.18
Short-Term Debt	30.02	30.02	-	1	-	-
Current Portion of Long-Term Debt	-	0.2	-	-	-	-
Current Portion of Leases	-	-	0.14	0.23	0.31	-
Current Income Taxes Payable	2.42	2.03	3.18	1.73	8.71	3.26
Current Unearned Revenue	1.36	0.84	1.31	0.98	0.74	1.8
Other Current Liabilities	3.83	4.04	10.11	0.4	4.76	1.11
Total Current Liabilities	104.78	105.23	106.29	73.32	79.95	95.78
Long-Term Leases	-	0.1	0.35	0.54	0.98	-
Long-Term Unearned Revenue	0.06	0.07	0.43	0.18	0.24	0.33
Long-Term Deferred Tax Liabilities	-	0.01	0.01	-	-	0.83
Total Liabilities	104.84	105.42	107.08	74.05	81.16	96.94
Common Stock	78.17	78.17	56	56	56	37.33
Additional Paid-In Capital	437.99	437.37	451.29	462.82	462.82	481.49
Retained Earnings	331.63	318.5	334.93	328.74	332.99	288.68
Treasury Stock	-19.44	-19.44	-24.65	-38.8	-	-
Total Common Equity	828.34	814.6	817.57	808.77	851.82	807.5
Minority Interest	-0.78	-0.73	-0.2	1.28	-0.55	-
Shareholders' Equity	827.56	813.87	817.38	810.05	851.27	807.5
Total Liabilities & Equity	932.4	919.28	924.46	884.1	932.43	904.45
Total Debt	30.02	30.32	0.49	1.78	1.29	-
Net Cash (Debt)	524.87	515.64	521.21	604.01	693.49	694.68
Net Cash Growth	-4.20%	-1.07%	-13.71%	-12.90%	-0.17%	288.24%
Net Cash Per Share	6.76	6.65	6.77	7.79	8.82	10.37
Filing Date Shares Outstanding	77.21	76.86	77.84	77.03	78.4	78.4
Total Common Shares Outstanding	77.21	76.86	77.84	77.03	78.4	78.4
Working Capital	624.04	608.09	611.72	660.16	729.66	720.55
Book Value Per Share	10.73	10.60	10.50	10.50	10.86	10.30
Tangible Book Value	809.9	796.05	798.57	789.32	831.8	786.71
Tangible Book Value Per Share	10.49	10.36	10.26	10.25	10.61	10.03
Buildings	-	-	83.03	83.03	22.67	22.67
Machinery	-	-	49.64	41.05	33.87	31.85
Construction In Progress	-	-	5.47	0.23	41.32	27.48

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.