SHE:301106 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	501.18	-	619.59	630.46	224.95	75.51
Trading Asset Securities	30	-	-	-	458.83	-
Cash & Short-Term Investments	531.18	-	619.59	630.46	683.77	75.51
Cash Growth	-16.98%	-	-1.72%	-7.80%	805.58%	-14.90%
Accounts Receivable	364.39	-	387.19	318.16	297.15	238.92
Other Receivables	1.17	-	-	-	-	-
Receivables	365.56	-	387.19	318.16	297.15	238.92
Inventory	155.95	-	121.29	80.82	101.32	128.19
Other Current Assets	27.41	-	11.57	10.72	5.73	6.89
Total Current Assets	1,080	-	1,140	1,040	1,088	449.51
Property, Plant & Equipment	384.69	-	291	238.92	197.34	154.1
Goodwill	3.24	-	3.24	3.24	3.24	3.24
Other Intangible Assets	70.72	-	68.36	70.88	51.29	53.34
Long-Term Deferred Tax Assets	7.5	-	5.87	3.8	3.93	2.93
Long-Term Deferred Charges	1.42	-	1.03	0.19	0.28	0.45
Other Long-Term Assets	2.8	-	10.24	0.99	5.15	0.26
Total Assets	1,672	-	1,519	1,358	1,349	663.83
Accounts Payable	170.67	-	188.04	131.17	138.85	139.67
Accrued Expenses	21.55	-	41.83	33.62	34.44	30.19
Short-Term Debt	100.07	-	2.9	2	-	10.01
Current Income Taxes Payable	7.03	-	4.85	5	2.54	3.63
Current Unearned Revenue	0.47	-	0.38	0.51	2.25	2.82
Other Current Liabilities	73.42	-	53.88	29.57	40.99	32.11
Total Current Liabilities	373.2	-	291.88	201.86	219.07	218.44
Long-Term Deferred Tax Liabilities	1.26	-	0.35	0.38	1.58	-
Total Liabilities	374.47	-	292.24	202.24	220.65	218.44
Common Stock	102.11	-	101.62	72.59	72.59	54.44
Additional Paid-In Capital	680.82	-	672.77	697.44	697.44	101.45
Retained Earnings	510.44	-	451.98	385.55	358.16	289.17
Comprehensive Income & Other	4.44	-	0.77	0.37	0.37	0.33
Total Common Equity	1,298	-	1,227	1,156	1,129	445.39
Shareholders' Equity	1,298	-	1,227	1,156	1,129	445.39
Total Liabilities & Equity	1,672	-	1,519	1,358	1,349	663.83
Total Debt	100.07	-	2.9	2	-	10.01
Net Cash (Debt)	431.12	-	616.69	628.46	683.77	65.5
Net Cash Growth	-31.63%	-	-1.87%	-8.09%	944.01%	-13.83%
Net Cash Per Share	4.23	-	6.07	6.18	6.87	0.86
Filing Date Shares Outstanding	102.07	102.12	101.62	101.62	101.62	101.62
Total Common Shares Outstanding	102.07	102.12	101.62	101.62	101.62	76.22
Working Capital	706.9	-	847.76	838.3	868.91	231.07
Book Value Per Share	12.72	-	12.08	11.37	11.11	5.84
Tangible Book Value	1,224	-	1,156	1,082	1,074	388.82
Tangible Book Value Per Share	11.99	-	11.37	10.65	10.57	5.10
Buildings	-	-	162.83	162.2	103.32	78.86
Machinery	-	-	243.99	214.22	172.85	146.2
Construction In Progress	-	-	62.8	9.58	42.23	32.15

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