SHE:301029 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,636	1,029	1,833	1,112	1,115	744.08
Trading Asset Securities	350	950	300	-	-	350
Cash & Short-Term Investments	1,986	1,979	2,133	1,112	1,115	1,094
Cash Growth	-5.91%	-7.22%	91.73%	-0.27%	1.96%	88.18%
Accounts Receivable	905.58	1,018	825.08	1,053	871.09	567.14
Other Receivables	145.31	2.01	2.79	2.5	2.46	0.49
Receivables	1,051	1,020	827.87	1,056	873.55	567.63
Inventory	593.8	466.38	466.3	471.05	602.95	392.52
Prepaid Expenses	-	0.02	-	-	-	-
Other Current Assets	20.5	16.41	9.84	9.89	13.55	9.98
Total Current Assets	3,652	3,481	3,437	2,649	2,606	2,064
Property, Plant & Equipment	1,357	1,346	1,044	813.13	709.21	647.62
Long-Term Investments	31.38	11.38	11.38	11.38	11.38	-
Other Intangible Assets	130.8	132.18	132.69	135.94	34.16	32.95
Long-Term Deferred Tax Assets	25.1	22.76	15.3	11.34	11.69	6.32
Long-Term Deferred Charges	12.7	11.92	13.56	19.46	21.72	7.76
Other Long-Term Assets	22.83	19.42	15.94	8.71	32.28	16.27
Total Assets	5,231	5,025	4,670	3,649	3,426	2,775
Accounts Payable	578.45	486.35	436.65	402.44	551.37	358.51
Accrued Expenses	43.93	115.4	73.86	66.95	59.83	57.24
Short-Term Debt	0.27	2.06	-	1.08	-	-
Current Portion of Leases	1.91	2.17	3.05	7.64	5.91	0.2
Current Income Taxes Payable	43.87	1.56	1.24	5.6	8.83	17.72
Current Unearned Revenue	34.34	23.5	26.46	36.52	53.52	60.06
Other Current Liabilities	15.18	14.95	5.18	39.57	57.59	12.05
Total Current Liabilities	717.96	645.98	546.43	559.8	737.05	505.77
Long-Term Leases	7.41	8.38	3.46	10.09	15.03	0.16
Long-Term Unearned Revenue	11.07	11.6	8.56	6.06	6.88	6.5
Long-Term Deferred Tax Liabilities	0.06	0.03	0.02	0.02	0.91	-
Other Long-Term Liabilities	0.09	0.09	-	-	-	-
Total Liabilities	736.6	666.09	558.47	575.97	759.87	512.42
Common Stock	634.2	634.2	634.2	577.79	481.56	400.01
Additional Paid-In Capital	1,600	1,592	1,571	796.16	902.64	918.4
Retained Earnings	2,262	2,132	1,906	1,732	1,331	944.29
Treasury Stock	-	-	-	-32.74	-48.78	-
Comprehensive Income & Other	-0.58	-0.28	-	-	-	-
Shareholders' Equity	4,495	4,358	4,111	3,073	2,666	2,263
Total Liabilities & Equity	5,231	5,025	4,670	3,649	3,426	2,775
Total Debt	9.59	12.6	6.5	18.81	20.95	0.35
Net Cash (Debt)	1,977	1,966	2,126	1,094	1,095	1,094
Net Cash Growth	-5.61%	-7.53%	94.43%	-0.08%	0.07%	88.11%
Net Cash Per Share	3.12	3.11	3.63	1.90	1.91	2.02
Filing Date Shares Outstanding	634.2	634.2	634.2	560.23	577.87	576.01
Total Common Shares Outstanding	634.2	634.2	634.2	560.23	577.87	576.01
Working Capital	2,934	2,835	2,890	2,089	1,868	1,558
Book Value Per Share	7.09	6.87	6.48	5.49	4.61	3.93
Tangible Book Value	4,364	4,226	3,979	2,937	2,632	2,230
Tangible Book Value Per Share	6.88	6.66	6.27	5.24	4.55	3.87
Buildings	-	858.1	465.05	465.05	465.05	465.05
Machinery	-	413.84	385.34	370.74	308.41	224.66
Construction In Progress	-	308.76	382.56	99.84	0.67	-

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