SHE:301156 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	166.95	186.45	260.25	359.85	413.86	120.9
Trading Asset Securities	-	-	40.48	30.06	5.03	5.38
Cash & Short-Term Investments	166.95	186.45	300.73	389.91	418.89	126.28
Cash Growth	-43.85%	-38.00%	-22.87%	-6.92%	231.70%	89.72%
Accounts Receivable	124.32	118.28	104.89	78.7	118.5	83.2
Other Receivables	0.89	0.38	0.22	0.25	2.11	0.58
Receivables	125.21	118.66	105.12	78.95	120.61	83.78
Inventory	114.91	74.07	67.48	77.71	63.76	69.92
Other Current Assets	44.58	33.18	12.15	13.95	12.9	19.78
Total Current Assets	451.65	412.35	485.47	560.53	616.15	299.77
Property, Plant & Equipment	304.35	311.41	207.14	218.68	213.84	164.52
Long-Term Investments	26.6	25.95	24.3	24.86	20.42	22.49
Other Intangible Assets	65	64.98	65.94	28.56	28.78	29.96
Long-Term Deferred Tax Assets	8.16	6.86	3.18	3.37	3.78	3.08
Long-Term Deferred Charges	7.24	7.48	3.13	1.48	1.9	1.85
Other Long-Term Assets	0.55	0.01	1.12	1.34	1.93	8.02
Total Assets	863.55	829.04	790.27	838.82	886.79	529.69
Accounts Payable	97.83	54.23	25.49	17.07	75.42	73.47
Accrued Expenses	7.1	22.14	14.53	17.25	18.38	17.54
Short-Term Debt	-	-	-	-	2	34.84
Current Portion of Long-Term Debt	-	-	-	-	-	9.11
Current Portion of Leases	0.08	0.08	0.07	0.9	0.86	0.18
Current Income Taxes Payable	5.85	4.6	1.33	1.29	3.26	1.52
Current Unearned Revenue	1.1	0.53	0.3	0.72	0.43	0.42
Other Current Liabilities	1.03	14.79	0.92	0.69	3.03	0.43
Total Current Liabilities	112.99	96.38	42.65	37.91	103.39	137.51
Long-Term Debt	-	-	-	-	-	66.58
Long-Term Leases	0.08	0.08	0.15	0.23	1.13	0.35
Long-Term Unearned Revenue	2.45	2.35	2.62	1.58	0.61	0.75
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.35
Total Liabilities	115.52	98.8	45.42	39.72	105.13	205.54
Common Stock	140.78	140.78	145.19	112	80	60
Additional Paid-In Capital	320.31	315.96	364.84	398.02	427.62	42.61
Retained Earnings	286.95	273.49	277.81	289.08	274.04	221.54
Treasury Stock	-	-	-43	-	-	-
Shareholders' Equity	748.04	730.24	744.85	799.11	781.66	324.15
Total Liabilities & Equity	863.55	829.04	790.27	838.82	886.79	529.69
Total Debt	0.16	0.15	0.23	1.12	3.99	111.07
Net Cash (Debt)	166.79	186.29	300.5	388.79	414.89	15.22
Net Cash Growth	-43.86%	-38.01%	-22.71%	-6.29%	2626.28%	-72.60%
Net Cash Per Share	0.91	1.02	1.60	2.06	2.50	0.11
Filing Date Shares Outstanding	183.02	183.02	183.02	188.68	189.28	141.96
Total Common Shares Outstanding	183.02	183.02	184.81	189.28	189.28	141.96
Working Capital	338.66	315.98	442.83	522.62	512.76	162.26
Book Value Per Share	4.09	3.99	4.03	4.22	4.13	2.28
Tangible Book Value	683.03	665.26	678.91	770.55	752.88	294.18
Tangible Book Value Per Share	3.73	3.63	3.67	4.07	3.98	2.07
Buildings	-	183.58	104.63	104.62	100.14	21.56
Machinery	-	239.28	196.26	179.78	141.25	70.29
Construction In Progress	-	9.39	4.45	11.68	31.98	126.76