SHE:301188 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	467.87	521.53	490.49	446.63	413.45	710.79
Trading Asset Securities	76.61	56.36	295.75	453.15	117.43	-
Cash & Short-Term Investments	544.48	577.88	786.24	899.78	530.88	710.79
Cash Growth	-30.82%	-26.50%	-12.62%	69.49%	-25.31%	1145.06%
Accounts Receivable	277.14	289.31	272.28	223.72	212.43	171.67
Other Receivables	11.47	8.03	9.53	14.99	2.44	0.35
Receivables	288.6	297.34	281.81	238.71	214.87	172.03
Inventory	481.12	457.53	272.69	204.67	165.3	118.38
Prepaid Expenses	-	-	-	0	1.26	-
Other Current Assets	66.99	64.47	37.76	12.56	23.07	20.3
Total Current Assets	1,381	1,397	1,379	1,356	935.37	1,021
Property, Plant & Equipment	1,030	985.53	819.91	646.96	595.25	447.86
Long-Term Investments	148.17	145.75	52.99	68.74	44.37	39.27
Other Intangible Assets	71.55	72.12	70.3	26.39	27.4	28.64
Long-Term Deferred Tax Assets	0.17	-	-	3.02	2.21	1.69
Long-Term Deferred Charges	26.39	27.7	1.46	5.36	4.85	6.38
Other Long-Term Assets	96.23	76.89	32.85	44.72	30.52	15.37
Total Assets	2,753	2,705	2,356	2,151	1,640	1,561
Accounts Payable	356.76	336.05	243.01	117.21	150.78	123.21
Accrued Expenses	14.32	15.64	17.27	16.45	14.38	13.05
Short-Term Debt	36.73	30.02	15.01	-	-	25
Current Portion of Long-Term Debt	2.19	4.39	0.89	0.54	-	-
Current Portion of Leases	-	-	0.74	0.35	0.33	0.48
Current Income Taxes Payable	11.83	8.76	5.91	4.88	-	3.78
Current Unearned Revenue	21.49	21.58	14.33	18.71	16.11	10.34
Other Current Liabilities	16.31	37.71	40.03	33.54	14.35	14.24
Total Current Liabilities	459.61	454.15	337.2	191.68	195.96	190.1
Long-Term Debt	243.52	584.73	394.48	371.05	-	-
Long-Term Leases	10.4	8.2	-	0.36	0.71	1.04
Long-Term Unearned Revenue	79.46	81.85	53.93	1.55	2.33	3.12
Long-Term Deferred Tax Liabilities	-	3.13	16.19	26.02	9.74	5.54
Total Liabilities	792.98	1,132	801.8	590.66	208.75	199.81
Common Stock	267.54	239.07	232.45	232.41	232.41	232.41
Additional Paid-In Capital	1,303	893.34	798.86	797.94	797.87	797.7
Retained Earnings	521.43	480.43	463.54	420.4	400.96	330.79
Treasury Stock	-131.15	-131.15	-50.03	-	-	-
Comprehensive Income & Other	0	91.45	109.4	109.52	-	-
Shareholders' Equity	1,960	1,573	1,554	1,560	1,431	1,361
Total Liabilities & Equity	2,753	2,705	2,356	2,151	1,640	1,561
Total Debt	292.83	627.34	411.13	372.29	1.04	26.53
Net Cash (Debt)	251.65	-49.46	375.11	527.49	529.84	684.26
Net Cash Growth	-26.55%	-	-28.89%	-0.44%	-22.57%	2882.97%
Net Cash Per Share	1.08	-0.21	1.65	2.24	2.27	3.84
Filing Date Shares Outstanding	241.19	239.34	228.93	232.41	232.41	232.41
Total Common Shares Outstanding	241.19	239.34	228.93	232.41	232.41	232.41
Working Capital	921.58	943.07	1,041	1,164	739.41	831.39
Book Value Per Share	8.13	6.57	6.79	6.71	6.16	5.86
Tangible Book Value	1,889	1,501	1,484	1,534	1,404	1,332
Tangible Book Value Per Share	7.83	6.27	6.48	6.60	6.04	5.73
Buildings	-	-	377.41	348.96	340.3	227.66
Machinery	-	-	748.47	671.64	522.85	412.25
Construction In Progress	-	-	150.11	31.89	72.86	108.95

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