SHE:301113 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	56.68	93.27	80.53	311.9	387.5	619.24
Trading Asset Securities	112.06	75.62	142.97	-	-	7.06
Cash & Short-Term Investments	168.74	168.89	223.5	311.9	387.5	626.3
Cash Growth	-9.19%	-24.44%	-28.34%	-19.51%	-38.13%	1009.39%
Accounts Receivable	12.17	27.51	40.02	30.14	21.02	78.44
Other Receivables	0.83	4.55	1.8	1.47	0.73	4.5
Receivables	13	32.06	41.82	31.61	21.75	82.94
Inventory	86.39	85.88	99.98	35.41	24.35	53.78
Other Current Assets	3.01	3.49	6.91	4.49	4.3	3.53
Total Current Assets	271.14	290.32	372.21	383.42	437.9	766.56
Property, Plant & Equipment	268.78	274.4	295.49	283.48	192.92	37.64
Long-Term Investments	104.57	104.57	76.6	65.06	46.39	-
Other Intangible Assets	68.91	69.3	70.9	72.31	73.87	6.58
Long-Term Deferred Tax Assets	2.89	4.56	4.11	0.87	0.28	1.11
Other Long-Term Assets	-	-	0.12	1.08	0.01	0.02
Total Assets	716.29	743.16	819.44	806.23	751.38	811.91
Accounts Payable	22.14	30.36	63.13	64.4	30.38	42.51
Accrued Expenses	2.7	10.63	12.78	10.29	9.78	13.75
Current Portion of Leases	-	-	0.05	-	-	0.19
Current Income Taxes Payable	0.54	0.51	1.47	0.37	1.47	4.02
Current Unearned Revenue	1.07	1.84	3.82	2.89	1.88	3.68
Other Current Liabilities	0.62	8.33	0.12	0.11	0.06	0.09
Total Current Liabilities	27.07	51.67	81.37	78.06	43.56	64.24
Long-Term Leases	-	-	0.02	-	-	0.19
Long-Term Unearned Revenue	1.17	1.24	1.51	1.8	2.1	-
Long-Term Deferred Tax Liabilities	5.65	5.65	0.61	-	0.22	0.01
Other Long-Term Liabilities	0.8	0.88	2.59	2.1	-	-
Total Liabilities	34.68	59.43	86.1	81.96	45.89	64.44
Common Stock	91	91	70	70	70	70
Additional Paid-In Capital	470.95	470.95	491.95	491.95	491.95	491.95
Retained Earnings	119.66	121.78	171.39	162.32	143.55	185.52
Shareholders' Equity	681.61	683.72	733.33	724.26	705.49	747.47
Total Liabilities & Equity	716.29	743.16	819.44	806.23	751.38	811.91
Total Debt	-	-	0.07	-	-	0.38
Net Cash (Debt)	168.74	168.89	223.43	311.9	387.5	625.91
Net Cash Growth	-9.17%	-24.41%	-28.37%	-19.51%	-38.09%	1008.72%
Net Cash Per Share	1.67	1.78	2.40	3.45	4.26	9.19
Filing Date Shares Outstanding	86.78	91	91	89.08	91	91
Total Common Shares Outstanding	86.78	91	91	89.08	91	91
Working Capital	244.07	238.65	290.84	305.36	394.34	702.32
Book Value Per Share	7.85	7.51	8.06	8.13	7.75	8.21
Tangible Book Value	612.7	614.42	662.43	651.95	631.62	740.88
Tangible Book Value Per Share	7.06	6.75	7.28	7.32	6.94	8.14
Buildings	-	267.37	266.4	250.05	28.45	28.45
Machinery	-	87.82	86.96	51.18	46.26	37.11
Construction In Progress	-	0.07	1.54	23.32	151.51	0.15

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