SHE:301158 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	122.63	143.03	239.37	224.9	189.92	65
Trading Asset Securities	510.36	570.04	391.21	353.05	386.18	-
Cash & Short-Term Investments	632.99	713.07	630.59	577.96	576.1	65
Cash Growth	2.87%	13.08%	9.11%	0.32%	786.29%	44.51%
Accounts Receivable	416.15	475.57	482.51	500.16	483.07	470.19
Other Receivables	13.68	0.61	0.84	1.05	0.29	0.29
Receivables	429.82	476.18	483.34	501.2	483.36	470.48
Inventory	465.83	414.47	370.14	299.84	270.44	236.53
Prepaid Expenses	-	-	-	-	0.38	-
Other Current Assets	18.82	18.1	15.03	13.14	18.33	14.15
Total Current Assets	1,547	1,622	1,499	1,392	1,349	786.16
Property, Plant & Equipment	243.65	248.29	219.15	177.49	157.46	145.59
Goodwill	14.44	14.44	14.44	-	-	-
Other Intangible Assets	25.28	25.63	24.51	25.24	25.95	26.54
Long-Term Deferred Tax Assets	7.32	7.5	9.87	9.34	9.17	7.19
Other Long-Term Assets	26.62	19.64	14.49	22.74	5.47	7.6
Total Assets	1,865	1,937	1,782	1,627	1,547	973.08
Accounts Payable	378.99	440.21	370.23	212.41	186.12	176.52
Accrued Expenses	9.79	29.16	26.32	26.11	18.46	27.95
Short-Term Debt	-	-	-	-	-	19.02
Current Portion of Leases	0.26	0.26	0.29	0.61	0.33	0.39
Current Income Taxes Payable	2.1	0.03	5.05	2.93	4.03	5.33
Current Unearned Revenue	18.55	16.43	15.1	19.24	13.21	7.36
Other Current Liabilities	18.37	19.22	20.51	30.11	52.04	74.53
Total Current Liabilities	428.05	505.31	437.49	291.4	274.2	311.11
Long-Term Leases	0.27	0.27	-	0.29	0.26	0.21
Long-Term Unearned Revenue	2.22	2.22	-	-	-	-
Long-Term Deferred Tax Liabilities	20.07	20.06	13.32	12.88	10.34	6.96
Total Liabilities	450.62	527.87	450.81	304.57	284.8	318.28
Common Stock	150.37	150.37	150.37	150.37	150.37	112.78
Additional Paid-In Capital	861.68	861.33	859.33	858.51	858.51	344.77
Retained Earnings	428.47	422.49	354.77	318.47	255.79	197.34
Treasury Stock	-35.13	-35.13	-40.27	-	-	-
Comprehensive Income & Other	-4.75	-3.91	-6.96	-4.98	-2.8	-0.08
Total Common Equity	1,401	1,395	1,317	1,322	1,262	654.8
Minority Interest	13.52	14.29	13.5	-	-	-
Shareholders' Equity	1,414	1,409	1,331	1,322	1,262	654.8
Total Liabilities & Equity	1,865	1,937	1,782	1,627	1,547	973.08
Total Debt	0.54	0.54	0.29	0.9	0.59	19.62
Net Cash (Debt)	632.45	712.53	630.29	577.06	575.51	45.38
Net Cash Growth	2.83%	13.05%	9.23%	0.27%	1168.23%	139.51%
Net Cash Per Share	4.28	4.83	4.26	3.86	3.91	0.40
Filing Date Shares Outstanding	148.14	148.14	148.14	150.37	150.37	112.78
Total Common Shares Outstanding	148.14	148.14	148.14	150.37	150.37	112.78
Working Capital	1,119	1,117	1,062	1,101	1,074	475.06
Book Value Per Share	9.45	9.42	8.89	8.79	8.39	5.81
Tangible Book Value	1,361	1,355	1,278	1,297	1,236	628.27
Tangible Book Value Per Share	9.19	9.15	8.63	8.63	8.22	5.57
Buildings	-	164.96	162.16	133.46	131.68	131.86
Machinery	-	297.62	242.72	202.4	183.82	171.9
Construction In Progress	-	3.66	11.91	21.16	13.72	3.23

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