SHE:301162 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	Dec '21 Dec 31, 2021
Cash & Equivalents	242.52	345.48	501.86	730.75	799.76	82.7
Trading Asset Securities	383.15	362.44	140.45	10.02	-	50.02
Cash & Short-Term Investments	625.68	707.92	642.31	740.77	799.76	132.72
Cash Growth	0.89%	10.21%	-13.29%	-7.38%	502.61%	35.66%
Accounts Receivable	520.24	505.89	395.99	314.83	250.91	199.24
Other Receivables	13.39	13.51	8.02	10.67	3.96	3.06
Receivables	533.63	519.39	404.01	325.5	254.86	202.3
Inventory	103.5	100.06	106.27	84.12	80.71	68.15
Other Current Assets	77.97	85.71	37.15	8.23	2.27	6.43
Total Current Assets	1,341	1,413	1,190	1,159	1,138	409.6
Property, Plant & Equipment	648.54	656.51	399.82	63.62	16.03	13.23
Long-Term Investments	355.54	290.42	151.13	139.97	74.91	-
Other Intangible Assets	32.8	7.95	8.68	1.23	0.28	0.36
Long-Term Accounts Receivable	-	6.86	5.43	3.47	2.88	3.64
Long-Term Deferred Tax Assets	12.8	12.05	9.98	10.21	5.35	3.47
Long-Term Deferred Charges	6.62	27.66	16.99	17.71	0.89	1.21
Other Long-Term Assets	18.8	4.48	11.9	3.79	0.54	-
Total Assets	2,416	2,419	1,794	1,399	1,238	431.51
Accounts Payable	231.99	238.36	189.96	132.71	102.79	98.22
Accrued Expenses	18.3	43.97	43.61	38.66	28.58	19.44
Short-Term Debt	38.92	29.91	32.11	-	-	-
Current Portion of Long-Term Debt	39.04	3.96	0.96	-	-	-
Current Portion of Leases	-	34.27	19.9	15.82	3.38	3.3
Current Income Taxes Payable	4.99	3.06	1.44	1.78	1.85	4.55
Current Unearned Revenue	94.13	96.37	96.11	81.63	74.83	50.54
Other Current Liabilities	39.34	33.02	66.96	22.77	18.05	7.05
Total Current Liabilities	466.71	482.92	451.04	293.37	229.47	183.09
Long-Term Debt	50.03	62.05	17.8	-	-	-
Long-Term Leases	51.36	241.06	129.83	30.2	1.66	2.02
Long-Term Unearned Revenue	2.07	2.09	-	-	-	-
Long-Term Deferred Tax Liabilities	1.96	1.97	1.82	1.87	1.3	0
Total Liabilities	763.75	790.09	600.49	325.44	232.43	185.11
Common Stock	132.58	132.58	100.15	99.25	70.89	53.16
Additional Paid-In Capital	1,093	1,093	751.08	715.88	722.68	24.35
Retained Earnings	381.45	358.84	300.21	251.28	206.02	170.84
Comprehensive Income & Other	-0	-0	5.87	5.84	5.5	-2
Total Common Equity	1,607	1,584	1,157	1,072	1,005	246.35
Minority Interest	45.08	45	35.85	0.91	0.95	0.04
Shareholders' Equity	1,652	1,629	1,193	1,073	1,006	246.39
Total Liabilities & Equity	2,416	2,419	1,794	1,399	1,238	431.51
Total Debt	179.36	371.26	200.59	46.03	5.04	5.32
Net Cash (Debt)	446.32	336.66	441.72	694.74	794.72	127.4
Net Cash Growth	35.88%	-23.78%	-36.42%	-12.58%	523.81%	30.22%
Net Cash Per Share	3.43	2.66	3.68	5.70	7.21	1.42
Filing Date Shares Outstanding	133	132.58	120.18	119.1	119.1	89.31
Total Common Shares Outstanding	133	132.58	120.18	119.1	119.1	89.31
Working Capital	874.08	930.17	738.69	865.24	908.14	226.51
Book Value Per Share	12.08	11.95	9.63	9.00	8.44	2.76
Tangible Book Value	1,574	1,576	1,149	1,071	1,005	245.99
Tangible Book Value Per Share	11.84	11.89	9.56	8.99	8.44	2.75
Machinery	-	652.34	359.51	28.69	18.07	13.23
Construction In Progress	-	-	27.73	12.95	-	-

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