SHE:301046 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	248.07	407.27	340.02	455.28	335.26	493.83
Trading Asset Securities	143.56	25.09	78.16	185.25	40.04	140.38
Cash & Short-Term Investments	391.62	432.36	418.18	640.53	375.3	634.22
Cash Growth	-9.38%	3.39%	-34.71%	70.67%	-40.83%	98.39%
Accounts Receivable	722.38	687.61	910.45	623.42	468.67	371.87
Other Receivables	9.52	4.96	6.91	6.88	4.04	0.94
Receivables	731.9	692.57	917.36	630.3	472.71	372.81
Inventory	172.13	150.12	272.46	151.84	69.31	88.57
Other Current Assets	108.17	105.79	66.01	55.06	23.25	28.68
Total Current Assets	1,404	1,381	1,674	1,478	940.56	1,124
Property, Plant & Equipment	235.37	239.52	257.58	230.86	208.46	175.48
Long-Term Investments	45.27	39.99	14.7	12.51	1.24	-
Other Intangible Assets	0.16	0.25	1.03	0.68	0.48	0.27
Long-Term Deferred Tax Assets	27.42	24.91	18.21	16.38	13.56	8.14
Long-Term Deferred Charges	0.44	0.25	0.5	-	-	-
Other Long-Term Assets	0.02	0.02	0.02	3.83	-	-
Total Assets	1,712	1,686	1,966	1,742	1,164	1,308
Accounts Payable	358.07	329.17	499.14	370.47	259.75	351.57
Accrued Expenses	6.32	5.37	30.44	17.04	14.62	26.51
Short-Term Debt	9.9	-	105.04	100.59	-	-
Current Portion of Long-Term Debt	0.8	1.16	-	-	-	-
Current Portion of Leases	-	-	4.83	0.76	0.59	0.53
Current Income Taxes Payable	23.76	37.04	2.72	4.51	0.75	3.24
Current Unearned Revenue	0.9	7.2	14.94	1.1	30.43	54.99
Other Current Liabilities	78.22	70.4	34.33	15.2	18.21	6.68
Total Current Liabilities	477.96	450.35	691.43	509.66	324.35	443.52
Long-Term Debt	-	-	331.3	319.8	-	-
Long-Term Leases	9.62	9.26	36.46	8.6	7.31	6.89
Long-Term Unearned Revenue	52.86	53.91	59.13	63.76	69.13	70.66
Long-Term Deferred Tax Liabilities	-	-	-	0.06	0.04	0.13
Total Liabilities	540.45	513.51	1,118	901.88	400.83	521.21
Common Stock	168.62	167.74	149.48	149.69	149.79	149.48
Additional Paid-In Capital	713.47	700.62	298.47	305.9	320.44	300.5
Retained Earnings	326.15	330.97	369.55	361.85	303.57	337.3
Treasury Stock	-36.17	-27.06	-	-6.14	-9.11	-
Comprehensive Income & Other	-0.03	-0.02	30.24	30.24	-	-
Total Common Equity	1,172	1,172	847.74	841.54	764.69	787.28
Minority Interest	-	-	-	-1.42	-1.22	-0.32
Shareholders' Equity	1,172	1,172	847.74	840.12	763.47	786.96
Total Liabilities & Equity	1,712	1,686	1,966	1,742	1,164	1,308
Total Debt	20.33	10.42	477.62	429.75	7.9	7.42
Net Cash (Debt)	371.29	421.94	-59.44	210.78	367.4	626.8
Net Cash Growth	-	-	-	-42.63%	-41.38%	96.07%
Net Cash Per Share	2.08	2.42	-0.40	1.41	2.39	5.00
Filing Date Shares Outstanding	166.42	231.7	152.3	149.69	175.36	149.48
Total Common Shares Outstanding	166.42	231.7	149.48	149.69	175.36	149.48
Working Capital	925.85	930.49	982.59	968.07	616.21	680.76
Book Value Per Share	7.04	5.06	5.67	5.62	4.36	5.27
Tangible Book Value	1,172	1,172	846.71	840.86	764.21	787.01
Tangible Book Value Per Share	7.04	5.06	5.66	5.62	4.36	5.26
Buildings	-	-	44.37	44.37	44.25	21.76
Machinery	-	-	299.95	250.89	8.77	7.81
Construction In Progress	-	-	1	13.45	9.39	-

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