SHE:301179 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	51.09	144.64	131.24	314.23	1,053	54.15
Trading Asset Securities	2,232	2,073	1,928	2,027	1,075	1,927
Cash & Short-Term Investments	2,283	2,218	2,059	2,341	2,127	1,981
Cash Growth	-10.09%	7.72%	-12.07%	10.08%	7.38%	302.91%
Accounts Receivable	245.92	395.33	488.97	292.97	125.23	84.85
Other Receivables	37.43	30.19	24.96	7.45	4.29	4.48
Receivables	283.36	425.52	513.93	300.42	129.52	89.34
Inventory	684.79	657.07	421.99	352.23	445.57	443.77
Other Current Assets	82.14	61.57	65.72	13.93	36.21	37.91
Total Current Assets	3,333	3,362	3,061	3,008	2,738	2,552
Property, Plant & Equipment	223.21	227.41	234.13	130.98	100.01	71.15
Other Intangible Assets	24.81	25.41	25.59	23.8	18.14	18.22
Long-Term Deferred Tax Assets	19.49	19.39	20.47	5.55	1.63	2.1
Long-Term Deferred Charges	2.45	2.59	-	0.37	-	-
Other Long-Term Assets	25.71	26.87	25.55	23.35	2.74	-
Total Assets	3,629	3,664	3,366	3,192	2,861	2,643
Accounts Payable	422.41	563.71	572.83	306.94	195.49	152.99
Accrued Expenses	10.65	36.76	36.19	31.46	27.3	15.51
Short-Term Debt	195.03	102.28	204.75	150.1	80.08	-
Current Portion of Long-Term Debt	-	70.05	12.54	177.08	0.52	-
Current Portion of Leases	-	2.04	0.99	-	-	-
Current Income Taxes Payable	11.64	4.09	11.22	20.64	50.55	23.32
Current Unearned Revenue	459.7	384.64	91.47	136.07	316.4	439.76
Other Current Liabilities	9.77	0.83	2.07	0.51	2.09	6.1
Total Current Liabilities	1,109	1,164	932.06	822.8	672.42	637.67
Long-Term Debt	-	-	37.5	-	-	-
Long-Term Leases	4.43	4.92	0.33	0.72	0.56	-
Long-Term Deferred Tax Liabilities	1.28	3.76	0.05	1.86	0.81	1.5
Total Liabilities	1,115	1,173	969.94	825.38	673.79	639.17
Common Stock	404.41	404.41	335.46	239.18	132	132
Additional Paid-In Capital	1,208	1,208	1,275	1,324	1,377	1,363
Retained Earnings	966.83	941.36	901.2	861.38	673.69	509.07
Treasury Stock	-40.41	-40.41	-99.98	-49.95	-	-
Comprehensive Income & Other	-0.04	-0.04	-0	-	-	-
Total Common Equity	2,539	2,513	2,411	2,374	2,183	2,004
Minority Interest	-24.54	-22.46	-15.11	-7.62	4.29	0.46
Shareholders' Equity	2,514	2,491	2,396	2,367	2,187	2,004
Total Liabilities & Equity	3,629	3,664	3,366	3,192	2,861	2,643
Total Debt	199.45	179.29	256.11	327.89	81.15	-
Net Cash (Debt)	2,084	2,038	1,803	2,014	2,046	1,981
Net Cash Growth	12.29%	13.07%	-10.47%	-1.58%	3.29%	302.91%
Net Cash Per Share	5.09	5.05	4.54	4.97	5.16	6.62
Filing Date Shares Outstanding	402.67	402.67	397.43	394.61	399.17	399.17
Total Common Shares Outstanding	402.67	402.67	397.4	398.57	399.17	399.17
Working Capital	2,224	2,198	2,128	2,185	2,066	1,914
Book Value Per Share	6.30	6.24	6.07	5.96	5.47	5.02
Tangible Book Value	2,514	2,488	2,386	2,350	2,165	1,985
Tangible Book Value Per Share	6.24	6.18	6.00	5.90	5.42	4.97
Buildings	-	192.63	215.79	24.56	24.56	24.56
Machinery	-	44.77	37.9	29.41	11.6	9.44
Construction In Progress	-	7.18	1.1	91	77.92	50.31