SHE:301097 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	535.28	436.86	407.23	192.16	448.97	345.66
Trading Asset Securities	96.79	155.83	331.07	718.72	569.67	5.04
Cash & Short-Term Investments	632.07	592.69	738.3	910.88	1,019	350.7
Cash Growth	-16.82%	-19.72%	-18.95%	-10.58%	190.46%	42.59%
Accounts Receivable	100.84	106.88	50.13	54.89	63.24	32.03
Other Receivables	23.03	61.68	14.75	5.68	19.88	11.48
Receivables	123.87	168.56	64.87	60.58	83.12	43.51
Inventory	138.48	119.26	86.8	83.32	65.36	35.21
Other Current Assets	58.74	48.44	32.9	32.64	10.12	14.56
Total Current Assets	953.16	928.95	922.88	1,087	1,177	443.97
Property, Plant & Equipment	887.18	798.69	633.52	511.64	323.97	284.3
Long-Term Investments	76.95	84.6	107.66	51.94	-	-
Goodwill	51.37	52.19	-	-	-	-
Other Intangible Assets	175.8	177.17	101.57	75.71	77.69	56.69
Long-Term Deferred Tax Assets	5.24	5.67	3.39	2.56	0.81	1.16
Long-Term Deferred Charges	9.17	10.61	11.31	12.54	-	-
Other Long-Term Assets	11.86	8.65	14.46	29.62	47.38	21.18
Total Assets	2,171	2,067	1,795	1,771	1,627	807.28
Accounts Payable	154.6	160.65	132.12	75.92	67.1	74.44
Accrued Expenses	26.95	41.55	31.4	26.82	22.18	16.55
Short-Term Debt	190.97	200.97	50.04	188.61	235.11	228.21
Current Portion of Long-Term Debt	226.34	129.36	108.79	-	0.04	-
Current Portion of Leases	-	-	0.95	0.74	0.8	0.77
Current Income Taxes Payable	6.56	5.15	0.42	3.03	4.04	3.44
Current Unearned Revenue	7.15	9.24	7.73	4.42	9.6	8.84
Other Current Liabilities	11.25	18.12	30.86	9.52	1.92	1.23
Total Current Liabilities	623.82	565.03	362.32	309.05	340.81	333.48
Long-Term Debt	407.24	326.26	228.32	168.55	47.5	-
Long-Term Leases	5.98	5.84	4.1	3.91	0.33	1.14
Long-Term Unearned Revenue	18.16	22.69	7.21	5.66	3.37	3.23
Long-Term Deferred Tax Liabilities	0.77	0.33	0.51	-	-	-
Total Liabilities	1,056	920.15	602.46	487.17	392.01	337.85
Common Stock	58.95	58.95	58.95	58.95	58.95	44.21
Additional Paid-In Capital	798.15	796.5	795.86	793.39	788.79	108.96
Retained Earnings	354.72	345.42	391.21	421.22	387.13	316.27
Treasury Stock	-99.19	-57.66	-57.66	-	-	-
Comprehensive Income & Other	2.15	3.17	-1.24	-0.75	-0	-
Total Common Equity	1,115	1,146	1,187	1,273	1,235	469.44
Minority Interest	-	-	5.21	11.45	0.21	-
Shareholders' Equity	1,115	1,146	1,192	1,284	1,235	469.44
Total Liabilities & Equity	2,171	2,067	1,795	1,771	1,627	807.28
Total Debt	830.54	662.42	392.21	361.8	283.79	230.12
Net Cash (Debt)	-198.46	-69.73	346.09	549.07	734.85	120.58
Net Cash Growth	-	-	-36.97%	-25.28%	509.41%	76.54%
Net Cash Per Share	-3.43	-1.20	4.65	9.33	13.31	2.73
Filing Date Shares Outstanding	58.86	54.42	57.52	58.53	58.95	58.95
Total Common Shares Outstanding	58.86	54.42	57.52	58.95	58.95	44.21
Working Capital	329.34	363.93	560.56	778.37	836.43	110.49
Book Value Per Share	18.94	21.07	20.64	21.59	20.95	10.62
Tangible Book Value	887.6	917.03	1,086	1,197	1,157	412.75
Tangible Book Value Per Share	15.08	16.85	18.87	20.31	19.63	9.34
Buildings	-	-	215.67	193.54	190.4	110.62
Machinery	-	-	382.98	259.53	221.61	160.22
Construction In Progress	-	-	233.82	220.76	44.61	123.05

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