SHE:301197 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	306.75	614.56	637.86	628.78	412.73	132
Short-Term Investments	-	-	10.58	51.42	50.26	5
Trading Asset Securities	288.49	1.17	51.91	41.82	267.14	27.86
Cash & Short-Term Investments	595.25	615.73	700.35	722.02	730.14	164.86
Cash Growth	-10.47%	-12.08%	-3.00%	-1.11%	342.87%	2.24%
Accounts Receivable	563.55	599.29	498.69	456.98	392.93	336.05
Other Receivables	4.67	3.92	15.4	7.19	6.1	3.77
Receivables	568.23	603.2	514.08	464.17	419.03	339.82
Inventory	85.73	85.34	163.31	175.57	135.73	98.26
Prepaid Expenses	-	-	0.01	-	0	-
Other Current Assets	28.76	45.96	21.14	19.35	20.37	23.78
Total Current Assets	1,278	1,350	1,399	1,381	1,305	626.72
Property, Plant & Equipment	180.31	179.29	80.32	75.34	70.08	83.38
Long-Term Investments	107.38	115.12	124.12	59.71	11.66	14.69
Other Intangible Assets	31.91	32.65	29.82	12.25	8.46	2.95
Long-Term Accounts Receivable	-	-	21.66	27.07	3.53	-
Long-Term Deferred Tax Assets	36.02	37.75	29.72	22.52	18.22	13.51
Long-Term Deferred Charges	3.38	3.49	0.52	0.54	0.47	0.53
Other Long-Term Assets	16.97	17.27	98.84	98.84	75.6	24.6
Total Assets	1,654	1,736	1,784	1,677	1,493	766.39
Accounts Payable	81.79	120.79	131.66	124.76	101.8	94.54
Accrued Expenses	4.92	7.06	27.93	16.92	9.5	18.23
Short-Term Debt	116.2	111.94	170.29	109.83	17.24	0.35
Current Portion of Long-Term Debt	5.33	6.16	0.4	-	-	-
Current Portion of Leases	-	-	-	-	-	0.82
Current Income Taxes Payable	1.94	23.13	10.82	8.57	8.44	8.55
Current Unearned Revenue	26.65	39.06	46.83	45.83	31.9	46.43
Other Current Liabilities	7.65	7.63	7.52	8.61	8.3	9.44
Total Current Liabilities	244.48	315.78	395.45	314.52	177.19	178.36
Long-Term Debt	69	66.9	3.6	-	-	-
Long-Term Leases	2.93	2.84	-	-	-	-
Long-Term Unearned Revenue	4.61	4.89	5.3	5.68	4.18	3.76
Long-Term Deferred Tax Liabilities	-	-	-	0.01	0.21	0.29
Other Long-Term Liabilities	1.11	1.15	1.25	0.99	0.53	-
Total Liabilities	322.12	391.57	405.61	321.2	182.11	182.41
Common Stock	120.54	120.54	120.54	120.54	120.54	90.41
Additional Paid-In Capital	854.68	854.33	854.08	853.16	853.16	197.17
Retained Earnings	432.77	439.89	419.85	376.01	331.4	290.85
Treasury Stock	-86.84	-81.99	-21.76	-	-	-
Total Common Equity	1,321	1,333	1,373	1,350	1,305	578.42
Minority Interest	10.67	11.47	5.58	6.48	6.08	5.55
Shareholders' Equity	1,332	1,344	1,378	1,356	1,311	583.97
Total Liabilities & Equity	1,654	1,736	1,784	1,677	1,493	766.39
Total Debt	193.46	187.85	174.3	109.83	17.24	1.17
Net Cash (Debt)	401.79	427.88	526.06	612.19	712.9	163.69
Net Cash Growth	-12.13%	-18.66%	-14.07%	-14.13%	335.51%	8.23%
Net Cash Per Share	3.86	3.65	4.44	5.08	7.03	1.81
Filing Date Shares Outstanding	118.52	109.9	116.75	120.54	120.54	90.41
Total Common Shares Outstanding	118.52	109.9	118.91	120.54	120.54	90.41
Working Capital	1,033	1,034	1,003	1,067	1,128	448.36
Book Value Per Share	11.15	12.13	11.54	11.20	10.83	6.40
Tangible Book Value	1,289	1,300	1,343	1,337	1,297	575.47
Tangible Book Value Per Share	10.88	11.83	11.29	11.10	10.76	6.37
Buildings	-	-	75.12	75.12	60.44	59.8
Machinery	-	-	79.32	57.58	56.46	57.85

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