SHE:301033 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	107.24	74.02	57.45	26.68	44.96	10.35
Short-Term Investments	-	-	54.48	-	-	-
Trading Asset Securities	194	231.81	137.85	192.82	147.07	375.57
Cash & Short-Term Investments	301.24	305.83	249.78	219.5	192.02	385.92
Cash Growth	28.56%	22.44%	13.80%	14.31%	-50.24%	77.41%
Accounts Receivable	19.73	25.03	24.16	18.08	10.42	5.32
Other Receivables	1.62	1.11	1.19	1.29	1.33	1.59
Receivables	21.35	26.14	25.36	19.37	11.75	6.91
Inventory	45.44	37.06	34.28	26.2	29.41	21.18
Prepaid Expenses	-	-	-	0	0.37	0.02
Other Current Assets	10.22	6.16	2.99	4.64	4.7	3.12
Total Current Assets	378.25	375.19	312.41	269.71	238.25	417.14
Property, Plant & Equipment	305.11	299.38	309.45	319.15	319.82	231.46
Long-Term Investments	60.28	60.36	60.27	83.01	30.1	-
Other Intangible Assets	66.08	68.09	63.05	70.01	51.31	54.66
Long-Term Deferred Tax Assets	9.39	9.83	7.67	4.38	0.93	4.24
Long-Term Deferred Charges	35.8	33.92	34.12	26.61	34.56	27.16
Other Long-Term Assets	52.91	48.66	12.26	14.09	69.94	12.12
Total Assets	907.83	895.44	799.23	786.97	744.92	746.78
Accounts Payable	12.85	16.42	7.59	31.93	32.73	32.73
Accrued Expenses	6.89	17.34	22.16	18.85	16.91	14.65
Current Portion of Long-Term Debt	0.44	-	-	3.91	26.83	-
Current Portion of Leases	-	-	1.01	1.78	1.67	2.4
Current Income Taxes Payable	6.9	10.8	8.05	7.98	0.25	1.34
Current Unearned Revenue	2.12	1.18	6.02	1.2	1.45	0.86
Other Current Liabilities	5.44	5.82	2.64	2.47	1.92	2.2
Total Current Liabilities	34.65	51.57	47.48	68.12	81.77	54.18
Long-Term Debt	-	-	-	46.43	50.3	101.67
Long-Term Leases	8.81	-	-	1.01	2.85	6.62
Long-Term Unearned Revenue	44.11	45.51	51.8	35.28	6.8	8.44
Long-Term Deferred Tax Liabilities	0.29	0.3	0.29	0.26	0.62	-
Total Liabilities	87.86	97.38	99.57	151.11	142.34	170.92
Common Stock	67.05	67.05	66.52	66.06	66.06	66.06
Additional Paid-In Capital	485.95	484.69	463.95	441.66	436.19	436.19
Retained Earnings	273.67	252.95	179.53	126.96	99.29	70.01
Treasury Stock	-7.89	-7.89	-11.51	-	-	-
Comprehensive Income & Other	1.19	1.26	1.18	1.18	1.04	-
Total Common Equity	819.96	798.06	699.66	635.86	602.58	572.26
Minority Interest	-	-	-	-	-	3.61
Shareholders' Equity	819.96	798.06	699.66	635.86	602.58	575.87
Total Liabilities & Equity	907.83	895.44	799.23	786.97	744.92	746.78
Total Debt	9.25	-	1.01	53.13	81.65	110.7
Net Cash (Debt)	291.99	305.83	248.77	166.36	110.37	275.22
Net Cash Growth	24.91%	22.94%	49.53%	50.73%	-59.90%	61.87%
Net Cash Per Share	4.37	4.57	3.79	2.52	1.66	4.86
Filing Date Shares Outstanding	66.82	66.75	66.17	66.06	66.06	66.06
Total Common Shares Outstanding	66.82	66.75	66.17	66.06	66.06	66.06
Working Capital	343.6	323.63	264.93	201.59	156.48	362.96
Book Value Per Share	12.27	11.96	10.57	9.63	9.12	8.66
Tangible Book Value	753.88	729.96	636.61	565.85	551.27	517.6
Tangible Book Value Per Share	11.28	10.94	9.62	8.57	8.34	7.83
Buildings	-	-	293.55	289.32	277.02	-
Machinery	-	-	77.5	73.35	68.14	43.18
Construction In Progress	-	-	-	0.05	0.02	201.95

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