SHE:301089 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	115.67	140.26	69.23	148.55	307.09	284.22
Trading Asset Securities	115.56	105.15	250.88	190.7	240.16	220.62
Cash & Short-Term Investments	231.23	245.41	320.11	339.26	547.25	504.84
Cash Growth	-17.86%	-23.34%	-5.64%	-38.01%	8.40%	219.08%
Accounts Receivable	119.59	126.13	151.52	235.3	205.41	103.58
Other Receivables	0.17	23.8	21.32	12.57	13.66	0.62
Receivables	119.76	149.93	172.84	247.87	219.07	104.2
Inventory	196.29	181.61	178.88	204.11	241.14	167.08
Other Current Assets	33.12	8	5.18	30.93	6.54	20.64
Total Current Assets	580.41	584.95	677.01	822.17	1,014	796.76
Property, Plant & Equipment	849.25	862.77	874.54	809.38	610.26	449.11
Long-Term Investments	19.7	19.7	7.95	8.37	10.86	12.54
Other Intangible Assets	79.42	80.12	81.83	84.04	84.26	84.56
Long-Term Accounts Receivable	-	0.27	0.26	-	-	-
Long-Term Deferred Tax Assets	74.08	70.98	69.58	63.71	70.36	6.51
Long-Term Deferred Charges	3.38	3.62	4	2.7	1.86	2.33
Other Long-Term Assets	44.74	42.89	43.08	48.62	51.64	41.9
Total Assets	1,651	1,665	1,758	1,839	1,843	1,394
Accounts Payable	109.38	118.01	133.21	152.55	158.58	162.94
Accrued Expenses	8.69	17.31	22.81	24.58	69.09	17.51
Short-Term Debt	-	-	-	-	40.03	64.5
Current Portion of Long-Term Debt	1.02	-	-	-	-	-
Current Portion of Leases	-	1.01	0.97	-	-	4.91
Current Income Taxes Payable	2.4	0	-	0	66.05	1.31
Current Unearned Revenue	5.74	1.69	0.91	5.48	71.89	2.9
Other Current Liabilities	14.08	7.94	7.43	11.9	18.32	0.53
Total Current Liabilities	141.32	145.97	165.32	194.51	423.96	254.6
Long-Term Leases	2.26	2.24	3.25	-	-	-
Long-Term Unearned Revenue	30.1	30.55	32.94	35.17	38.31	40.4
Long-Term Deferred Tax Liabilities	2.39	2.36	4.21	6.04	4.61	1.36
Total Liabilities	176.07	181.12	205.72	235.72	466.89	296.35
Common Stock	126.54	126.54	126.54	126.54	126	126
Additional Paid-In Capital	621.11	621.11	621.11	621.11	585.3	578.54
Retained Earnings	722.48	732.99	802.66	854.18	661.5	387.57
Comprehensive Income & Other	4.76	3.53	2.21	1.44	3.57	5.25
Total Common Equity	1,475	1,484	1,553	1,603	1,376	1,097
Shareholders' Equity	1,475	1,484	1,553	1,603	1,376	1,097
Total Liabilities & Equity	1,651	1,665	1,758	1,839	1,843	1,394
Total Debt	3.28	3.25	4.22	-	40.03	69.41
Net Cash (Debt)	227.95	242.16	315.89	339.26	507.22	435.43
Net Cash Growth	-17.78%	-23.34%	-6.89%	-33.11%	16.49%	-
Net Cash Per Share	1.76	1.91	2.54	2.69	4.02	4.37
Filing Date Shares Outstanding	131.37	126.54	126.54	126.54	126	126
Total Common Shares Outstanding	131.37	126.54	126.54	126.54	126	126
Working Capital	439.09	438.98	511.69	627.66	590.04	542.16
Book Value Per Share	11.23	11.73	12.27	12.67	10.92	8.71
Tangible Book Value	1,395	1,404	1,471	1,519	1,292	1,013
Tangible Book Value Per Share	10.62	11.10	11.62	12.01	10.25	8.04
Buildings	-	424.24	283.94	267.66	257.26	210.62
Machinery	-	657.07	420.02	382.3	354.84	301.65
Construction In Progress	-	44.71	372.68	331.03	130.48	35.59

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