SHE:301151 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	731.82	705.12	892.36	1,212	1,257	152.91
Trading Asset Securities	240.95	314.45	332.5	122.61	118.35	221.39
Cash & Short-Term Investments	972.77	1,020	1,225	1,334	1,375	374.3
Cash Growth	-16.03%	-16.76%	-8.21%	-2.99%	267.47%	84.84%
Accounts Receivable	498.98	533.59	532.04	544.42	517.69	470.35
Other Receivables	11.63	10.19	1.02	0.56	1.73	-
Receivables	510.61	543.78	533.06	544.98	519.42	470.35
Inventory	282.39	254.5	263.37	262.45	318.9	296.68
Other Current Assets	43.04	33.81	42.09	54.58	69.15	57.68
Total Current Assets	1,809	1,852	2,063	2,196	2,283	1,199
Property, Plant & Equipment	555.81	586.91	436.52	269.73	132.33	113.98
Long-Term Investments	1.77	1.78	1.78	1.8	0.85	0.89
Other Intangible Assets	140.76	141.82	146.03	117.75	121.2	12.53
Long-Term Accounts Receivable	-	-	-	1.09	3.2	5.21
Long-Term Deferred Tax Assets	50.11	46.6	43.69	40.92	36.21	35.95
Long-Term Deferred Charges	2.7	1.22	6.35	3.16	0.18	0.81
Other Long-Term Assets	64.19	6.26	8.33	16.02	55.29	5.39
Total Assets	2,624	2,636	2,706	2,647	2,632	1,374
Accounts Payable	190.79	224.28	233.86	164.29	149.65	173.69
Accrued Expenses	17.02	26.87	46.01	67.07	48.82	58.97
Short-Term Debt	120.04	112.07	195.13	170.12	270.21	190.37
Current Portion of Long-Term Debt	2.53	2.42	-	-	-	-
Current Portion of Leases	-	-	3.7	2.47	3.31	3.41
Current Income Taxes Payable	8.32	14.3	8.96	17.44	15.65	20.26
Current Unearned Revenue	162.4	139.61	110	107.57	98.99	116.01
Other Current Liabilities	47.47	37.17	35.29	30.24	32.36	32.99
Total Current Liabilities	548.57	556.72	632.94	559.2	618.99	595.7
Long-Term Leases	2.59	0.04	1.89	4	1.42	3.06
Long-Term Deferred Tax Liabilities	-	-	-	-	0.92	-
Other Long-Term Liabilities	-	-	-	4.9	2.29	1.46
Total Liabilities	551.16	556.76	634.83	568.09	623.61	600.22
Common Stock	169	169	170.37	170.37	167.67	125.67
Additional Paid-In Capital	1,403	1,403	1,414	1,408	1,381	225.92
Retained Earnings	501.14	507.64	499.4	524.93	459.97	422.04
Treasury Stock	-	-	-12.18	-24	-	-
Comprehensive Income & Other	-0.17	-0.17	-0.16	-0.15	-0.11	-0.08
Shareholders' Equity	2,073	2,079	2,071	2,079	2,009	773.55
Total Liabilities & Equity	2,624	2,636	2,706	2,647	2,632	1,374
Total Debt	125.16	114.53	200.72	176.6	274.94	196.83
Net Cash (Debt)	847.61	905.04	1,024	1,158	1,100	177.47
Net Cash Growth	-11.56%	-11.63%	-11.54%	5.21%	520.11%	-
Net Cash Per Share	5.02	5.35	6.10	6.88	7.16	1.41
Filing Date Shares Outstanding	168.8	170.32	170.33	170.37	167.67	125.67
Total Common Shares Outstanding	168.8	170.32	170.37	170.37	167.67	125.67
Working Capital	1,260	1,295	1,430	1,637	1,664	603.31
Book Value Per Share	12.28	12.21	12.16	12.20	11.98	6.16
Tangible Book Value	1,932	1,938	1,925	1,961	1,887	761.03
Tangible Book Value Per Share	11.45	11.38	11.30	11.51	11.26	6.06
Buildings	-	-	119.65	118.45	114.54	86.98
Machinery	-	-	169.94	142.41	104.32	101.17
Construction In Progress	-	-	267.81	115.17	14.95	22.01

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