SHE:301133 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	279.91	337.25	403.01	506.55	311.89	321.41
Short-Term Investments	-	-	-	60.06	-	100.02
Trading Asset Securities	-	-	50.07	50.06	-	-
Cash & Short-Term Investments	279.91	337.25	453.08	616.66	311.89	421.44
Cash Growth	-23.10%	-25.56%	-26.53%	97.72%	-25.99%	230.10%
Accounts Receivable	474.17	469.33	331.24	324.34	271.63	199.99
Other Receivables	9.74	7.18	10.36	3.58	4.55	3.51
Receivables	483.91	476.5	341.6	327.92	276.18	203.5
Inventory	248.51	243.08	168.28	160	162.94	144.44
Other Current Assets	18.77	30.65	27.77	7.78	4.2	3.04
Total Current Assets	1,031	1,087	990.73	1,112	755.21	772.42
Property, Plant & Equipment	1,063	1,056	816.98	366.09	260.08	186.73
Long-Term Investments	18.45	18.11	15.79	21.2	24.23	-
Other Intangible Assets	129.99	130.95	133.39	74.12	39.06	30.2
Long-Term Deferred Tax Assets	39.67	37.5	23.93	12.63	5.33	5.23
Long-Term Deferred Charges	23.1	22.12	14.2	13.59	14.87	11.29
Other Long-Term Assets	12.17	17.04	19.36	17.24	36.38	3.79
Total Assets	2,317	2,369	2,014	1,617	1,135	1,010
Accounts Payable	256.81	293.7	277.17	193.75	173.08	127.26
Accrued Expenses	18.35	20.79	42.39	32.68	34.32	20.45
Short-Term Debt	268.06	312.1	109.02	78.92	75.86	34.96
Current Portion of Long-Term Debt	9.77	10.42	0.3	0.2	-	2.06
Current Portion of Leases	-	-	3.58	2.08	1.72	3.46
Current Income Taxes Payable	4.22	5.52	2.75	9.87	0.59	2.21
Current Unearned Revenue	3.08	1.18	0.75	0.46	0.45	0.84
Other Current Liabilities	50.53	33.29	9.06	7.5	8.11	1.11
Total Current Liabilities	610.82	677	445.02	325.46	294.13	192.34
Long-Term Debt	263.3	317.34	376.28	204.09	-	15.19
Long-Term Leases	16.66	16.16	20.36	8.38	0.79	2.28
Long-Term Unearned Revenue	42.52	43.89	27	15	2.67	3.8
Long-Term Deferred Tax Liabilities	10.09	13.96	27.3	25.99	1.58	1.79
Total Liabilities	943.39	1,068	895.95	578.93	299.17	215.39
Common Stock	121.47	117.74	106.62	106.1	106.1	106.1
Additional Paid-In Capital	881.74	786.55	8.31	7.53	487.41	487.41
Retained Earnings	373.41	366.7	390.21	320.62	242.47	200.76
Comprehensive Income & Other	-2.89	30.09	613.28	603.14	-	-
Total Common Equity	1,374	1,301	1,118	1,037	835.98	794.27
Minority Interest	-	-	-	0.91	-	-
Shareholders' Equity	1,374	1,301	1,118	1,038	835.98	794.27
Total Liabilities & Equity	2,317	2,369	2,014	1,617	1,135	1,010
Total Debt	557.79	656.01	509.53	293.67	78.37	57.95
Net Cash (Debt)	-277.88	-318.76	-56.46	322.99	233.52	363.49
Net Cash Growth	-	-	-	38.31%	-35.76%	210.51%
Net Cash Per Share	-2.57	-2.97	-0.53	3.06	2.19	4.46
Filing Date Shares Outstanding	111.83	104.03	106.62	106.62	106.1	106.1
Total Common Shares Outstanding	111.83	104.03	106.62	106.1	106.1	106.1
Working Capital	420.28	410.48	545.71	786.89	461.07	580.09
Book Value Per Share	12.28	12.51	10.49	9.78	7.88	7.49
Tangible Book Value	1,244	1,170	985.03	963.27	796.91	764.07
Tangible Book Value Per Share	11.12	11.25	9.24	9.08	7.51	7.20
Buildings	-	-	181.02	115.14	114.53	82.23
Machinery	-	-	436.47	266.4	207.77	162.42
Construction In Progress	-	-	322	86.19	21.96	1.76

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