SHE:301069 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	526.09	381.59	429.89	849.33	242.32	200.6
Trading Asset Securities	514.62	556.31	446.56	92.93	213.84	477.42
Cash & Short-Term Investments	1,041	937.9	876.45	942.26	456.16	678.02
Cash Growth	23.28%	7.01%	-6.98%	106.56%	-32.72%	75.14%
Accounts Receivable	412.27	345.1	266.77	270.49	149.72	131.14
Other Receivables	11.34	11.14	11.21	27.42	31.14	20.35
Receivables	423.61	356.24	277.97	297.92	180.86	151.49
Inventory	92.65	89.38	66.59	56.94	42.5	51.24
Other Current Assets	30.05	126.07	127.61	152.75	65.33	15.77
Total Current Assets	1,587	1,510	1,349	1,450	744.86	896.52
Property, Plant & Equipment	713.66	744.46	846.87	831.23	740.22	371.35
Long-Term Investments	-	-	-	-	-	10.37
Other Intangible Assets	141.2	142.41	147.18	151.5	142.8	93.85
Long-Term Deferred Tax Assets	27.87	29.68	25.58	15.37	7.01	3.7
Long-Term Deferred Charges	3.4	3.91	4.45	3	2.38	3.43
Other Long-Term Assets	14.73	15.1	16.03	31.97	31.26	43.4
Total Assets	2,488	2,445	2,389	2,483	1,669	1,423
Accounts Payable	117.16	127.63	200.11	291.26	25.56	99.11
Accrued Expenses	22.62	26.82	22.01	24.53	40.53	20.04
Current Income Taxes Payable	19.67	6.78	4.57	1.09	6.14	8.29
Current Unearned Revenue	14.62	12.46	7.51	6.02	7.31	8.58
Other Current Liabilities	7.42	3.96	3.29	4.29	161.51	2.9
Total Current Liabilities	181.49	177.66	237.5	327.19	241.05	138.92
Long-Term Debt	-	120.12	512.44	481.99	-	-
Long-Term Unearned Revenue	0.91	1.1	2.1	4.47	6.12	8.22
Long-Term Deferred Tax Liabilities	0.87	6.2	0.61	0.36	0.46	0.43
Total Liabilities	183.26	305.08	752.64	814.01	247.64	147.57
Common Stock	453.17	446	420.64	420.64	420.64	420.64
Additional Paid-In Capital	1,065	916.99	395.96	396.89	400.31	389.91
Retained Earnings	763.99	722.69	636.38	664.52	569.63	440.27
Comprehensive Income & Other	22.9	54.41	183.09	183.26	26.4	24.23
Total Common Equity	2,305	2,140	1,636	1,665	1,417	1,275
Minority Interest	-	-	-	3.61	3.91	-
Shareholders' Equity	2,305	2,140	1,636	1,669	1,421	1,275
Total Liabilities & Equity	2,488	2,445	2,389	2,483	1,669	1,423
Total Debt	-	120.12	512.44	481.99	-	-
Net Cash (Debt)	1,041	817.79	364.01	460.27	456.16	678.02
Net Cash Growth	221.82%	124.66%	-20.91%	0.90%	-32.72%	75.14%
Net Cash Per Share	2.43	1.94	0.87	1.09	1.08	1.80
Filing Date Shares Outstanding	453.4	453.17	420.64	420.64	420.64	420.64
Total Common Shares Outstanding	453.4	446	420.64	420.64	420.64	420.64
Working Capital	1,406	1,332	1,111	1,123	503.81	757.6
Book Value Per Share	5.08	4.80	3.89	3.96	3.37	3.03
Tangible Book Value	2,163	1,998	1,489	1,514	1,274	1,181
Tangible Book Value Per Share	4.77	4.48	3.54	3.60	3.03	2.81
Buildings	-	283.03	266.44	266.65	129.19	105.85
Machinery	-	907.64	806.62	576.17	397.45	258.41
Construction In Progress	-	62.65	164.6	119.68	347.39	116.82

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