SHE:301130 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	44.01	29.51	190.68	334.37	202.78	148.63
Short-Term Investments	-	-	0.05	2.76	0.14	1.57
Trading Asset Securities	178.03	206.95	84.93	213.15	413.17	65
Cash & Short-Term Investments	222.05	236.46	275.65	550.28	616.08	215.2
Cash Growth	-15.79%	-14.22%	-49.91%	-10.68%	186.28%	22.20%
Accounts Receivable	51.57	55.73	57.43	49.14	56.78	58.44
Other Receivables	3.53	2.35	3.96	3.66	3.23	3.36
Receivables	55.09	58.08	61.39	52.81	60.01	61.8
Inventory	31.69	28.19	27.97	27.36	20.7	26.58
Other Current Assets	21.31	20.14	7.89	3.31	7.37	11.35
Total Current Assets	330.14	342.86	372.91	633.76	704.17	314.93
Property, Plant & Equipment	531.26	538.02	507.79	371.64	267.94	240.97
Long-Term Investments	1	1	-	-	-	-
Goodwill	30.57	30.57	30.57	-	-	-
Other Intangible Assets	127	96.77	99.85	25.57	26.63	27.68
Long-Term Deferred Tax Assets	10.43	10.02	7.92	7.59	7.85	7.9
Long-Term Deferred Charges	0.78	0.86	-	-	-	-
Other Long-Term Assets	16.2	41.47	43.54	28.63	10.42	3.13
Total Assets	1,047	1,062	1,063	1,067	1,017	594.61
Accounts Payable	33.92	48.84	42.43	28.45	6.12	6.24
Accrued Expenses	2.26	19.64	17	14.46	20.88	21.34
Short-Term Debt	11.66	11.53	10	-	-	-
Current Portion of Leases	0.04	0.08	0.12	0.12	-	-
Finance Div. Other Current Liabilities	-	-	-	-	1.5	-
Current Income Taxes Payable	0.16	0	2.08	0.48	-	0.08
Current Unearned Revenue	1.45	3.03	2.42	5.41	6.3	3.3
Other Current Liabilities	20.37	5.3	5.06	4.78	3.94	3.73
Total Current Liabilities	69.85	88.42	79.11	53.7	38.74	34.69
Long-Term Leases	-	-	0.08	0.2	-	-
Long-Term Unearned Revenue	32.72	33.6	37.12	29.61	32.7	35.78
Long-Term Deferred Tax Liabilities	4.69	4.78	5.11	0.74	0.28	-
Other Long-Term Liabilities	-	-	-	0.08	-	-
Total Liabilities	135.16	126.8	121.41	84.33	71.71	70.47
Common Stock	76.49	76.49	80.8	80.8	80.8	60.6
Additional Paid-In Capital	363.57	363.57	461.37	461.37	461.37	90.64
Retained Earnings	472.14	462.95	460.94	440.69	403.11	372.9
Treasury Stock	-30.99	-	-100.01	-	-	-
Comprehensive Income & Other	1.08	1.25	2.64	-	-	-
Total Common Equity	882.3	904.27	905.75	982.86	945.29	524.14
Minority Interest	29.93	30.51	35.42	-	-	-
Shareholders' Equity	912.23	934.78	941.16	982.86	945.29	524.14
Total Liabilities & Equity	1,047	1,062	1,063	1,067	1,017	594.61
Total Debt	39.59	11.61	10.2	0.32	-	-
Net Cash (Debt)	182.46	224.85	265.46	549.96	616.08	215.2
Net Cash Growth	-28.06%	-15.30%	-51.73%	-10.73%	186.28%	22.20%
Net Cash Per Share	2.42	-	3.41	6.81	7.96	3.55
Filing Date Shares Outstanding	75.49	-	76.49	80.8	80.8	80.8
Total Common Shares Outstanding	75.49	-	76.49	80.8	80.8	60.6
Working Capital	260.29	254.44	293.8	580.06	665.44	280.24
Book Value Per Share	11.69	-	11.84	12.16	11.70	8.65
Tangible Book Value	724.73	776.93	775.33	957.29	918.66	496.46
Tangible Book Value Per Share	9.60	-	10.14	11.85	11.37	8.19
Buildings	-	510.46	396.8	306.44	276.72	265.7
Machinery	-	162.11	121.2	108.6	104.63	102.37
Construction In Progress	-	95.71	192.83	134.86	52.53	13.93