SHE:301107 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	71.14	69.64	51.95	175.79	236.59	64.18
Trading Asset Securities	82.26	99.04	105.18	160.48	190	-
Cash & Short-Term Investments	153.39	168.68	157.13	336.27	426.59	64.18
Cash Growth	-1.65%	7.35%	-53.27%	-21.17%	564.68%	47.80%
Accounts Receivable	134.9	141.64	178.17	117.56	123.6	162.79
Other Receivables	3.92	1.12	0.95	1.72	1.49	1.92
Receivables	138.82	142.77	179.12	119.28	125.09	164.71
Inventory	159.69	123.81	135.89	99.75	120.36	147.5
Other Current Assets	402.64	388.53	11.3	9.85	5.03	5.35
Total Current Assets	854.55	823.79	483.44	565.16	677.07	381.74
Property, Plant & Equipment	217.93	211	209.49	222.44	265.55	225.76
Long-Term Investments	3.76	3.76	2.23	3.77	-	-
Other Intangible Assets	50.88	51.22	56.15	57.83	75.51	77.33
Long-Term Deferred Tax Assets	4.01	3.95	4.08	4.59	7	7.25
Long-Term Deferred Charges	0.18	0.2	-	0.01	0.07	0.88
Other Long-Term Assets	119.8	121.07	465.17	339.91	9.47	6.63
Total Assets	1,251	1,215	1,221	1,194	1,035	699.58
Accounts Payable	156.03	126.25	151.29	74.42	80.51	149.72
Accrued Expenses	8.9	18.92	17.43	13.87	13.5	14.66
Short-Term Debt	79.45	76.55	77.05	133	-	19.35
Current Portion of Long-Term Debt	-	-	-	-	-	3.47
Current Portion of Leases	0.44	0.42	0.33	0.37	0.11	0.11
Current Income Taxes Payable	4.39	1.39	2.86	0.27	0.02	1.6
Current Unearned Revenue	8.93	8.92	9.53	4.94	2.79	1.85
Other Current Liabilities	4.42	4.99	7.31	18.01	3.68	3.82
Total Current Liabilities	262.55	237.44	265.8	244.87	100.61	194.57
Long-Term Debt	-	-	-	-	-	62.02
Long-Term Leases	0.74	0.85	0.87	1.72	0.78	0.88
Long-Term Unearned Revenue	19.4	19.63	21.04	22.45	23.85	24.7
Long-Term Deferred Tax Liabilities	5.14	5.14	4.17	1.07	5.78	5.93
Total Liabilities	287.84	263.06	291.88	270.1	131.03	288.11
Common Stock	101.56	102.42	73.4	73.4	73.4	55.03
Additional Paid-In Capital	482.55	501.77	530.79	530.79	530.79	123.15
Retained Earnings	381.13	369.83	345.4	321.57	299.33	233.62
Treasury Stock	-	-20.07	-20	-	-	-
Comprehensive Income & Other	-1.98	-2.01	-0.9	-0.18	0.23	-0.33
Total Common Equity	963.27	951.93	928.68	925.58	903.75	411.47
Minority Interest	-	-	-	-1.98	-0.11	-
Shareholders' Equity	963.27	951.93	928.68	923.6	903.64	411.47
Total Liabilities & Equity	1,251	1,215	1,221	1,194	1,035	699.58
Total Debt	80.63	77.82	78.24	135.09	0.9	85.83
Net Cash (Debt)	72.76	90.86	78.89	201.18	425.69	-21.65
Net Cash Growth	-5.93%	15.18%	-60.79%	-52.74%	-	-
Net Cash Per Share	0.51	0.64	0.55	1.39	3.31	-0.20
Filing Date Shares Outstanding	142.19	142.19	142.19	143.86	143.86	107.86
Total Common Shares Outstanding	142.19	142.19	142.19	143.86	143.86	107.86
Working Capital	591.99	586.35	217.64	320.28	576.46	187.17
Book Value Per Share	6.77	6.69	6.53	6.43	6.28	3.81
Tangible Book Value	912.38	900.7	872.53	867.75	828.24	334.14
Tangible Book Value Per Share	6.42	6.33	6.14	6.03	5.76	3.10
Buildings	-	149.78	174.59	174.49	193.08	92.59
Machinery	-	177.53	174.97	159.69	135.76	127.48
Construction In Progress	-	40.32	1.29	6.09	38.29	93.94