SHE:301215 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	193.66	135.85	203.48	155.29	162.02	165.4
Short-Term Investments	-	-	-	203.33	376.85	-
Trading Asset Securities	190.51	348.05	391.89	492.4	532.61	-
Cash & Short-Term Investments	384.16	483.9	595.38	851.02	1,071	165.4
Cash Growth	-32.01%	-18.72%	-30.04%	-20.57%	547.80%	-37.56%
Accounts Receivable	320.94	253.13	206.09	139.1	142	115.8
Other Receivables	2.23	0	0	-	-	1.12
Receivables	323.18	253.13	206.1	139.1	142	116.93
Inventory	1.3	0.75	0.88	1.23	1.37	1.13
Prepaid Expenses	-	1.25	-	-	-	-
Other Current Assets	24.42	26.86	53.61	15.58	11.92	7.87
Total Current Assets	733.06	765.9	855.97	1,007	1,227	291.32
Property, Plant & Equipment	2,063	2,085	2,067	1,771	1,271	1,141
Other Intangible Assets	638.69	549.38	555.96	556.57	552.96	496.44
Long-Term Deferred Tax Assets	81.75	79.7	75.85	69.89	65.39	65.06
Long-Term Deferred Charges	11.25	11.64	9.49	6.72	3.2	2.13
Other Long-Term Assets	17.47	13.3	11.25	17.94	2.52	0.06
Total Assets	3,545	3,505	3,576	3,429	3,122	1,996
Accounts Payable	224.94	232.52	267.44	278.52	86.43	76.6
Accrued Expenses	10.09	15.22	12.01	8.79	7.48	22.41
Short-Term Debt	-	5.04	-	-	-	100.13
Current Portion of Long-Term Debt	-	-	-	-	-	33.39
Current Portion of Leases	-	4.29	2.2	0.89	-	0.14
Current Income Taxes Payable	12.19	7.79	13.34	8.96	8.48	43.18
Current Unearned Revenue	27.91	20.66	21.13	17.56	21.19	14.14
Other Current Liabilities	12.9	11.51	16.91	5.76	5.67	6.36
Total Current Liabilities	288.02	297.04	333.03	320.48	129.26	296.33
Long-Term Leases	16.17	11.71	12.11	-	-	-
Long-Term Unearned Revenue	266.56	269.23	280.35	288.36	265.77	270.78
Long-Term Deferred Tax Liabilities	4.33	3.6	3.05	0.13	0.01	-
Total Liabilities	575.08	581.58	628.54	608.97	395.04	567.11
Common Stock	1,324	1,324	1,322	1,322	1,322	991.8
Additional Paid-In Capital	1,100	1,100	1,205	1,120	1,120	264.86
Retained Earnings	551.65	504.97	419.29	377.31	283.76	171.92
Treasury Stock	-5.45	-5.45	-	-	-	-
Shareholders' Equity	2,970	2,923	2,947	2,820	2,727	1,429
Total Liabilities & Equity	3,545	3,505	3,576	3,429	3,122	1,996
Total Debt	16.17	21.04	14.31	0.89	-	133.65
Net Cash (Debt)	367.99	462.86	581.07	850.13	1,071	31.75
Net Cash Growth	-34.87%	-20.34%	-31.65%	-20.66%	3274.32%	28.96%
Net Cash Per Share	0.28	0.35	0.43	0.62	0.83	0.03
Filing Date Shares Outstanding	1,322	1,324	1,322	1,322	1,322	991.8
Total Common Shares Outstanding	1,322	1,324	1,322	1,322	1,322	991.8
Working Capital	445.04	468.86	522.94	686.45	1,098	-5.01
Book Value Per Share	2.25	2.21	2.23	2.13	2.06	1.44
Tangible Book Value	2,331	2,374	2,391	2,263	2,174	932.14
Tangible Book Value Per Share	1.76	1.79	1.81	1.71	1.64	0.94
Buildings	-	2,418	2,289	1,277	1,275	1,276
Machinery	-	243.63	183.63	141.32	136.88	131.22
Construction In Progress	-	25.7	97.98	782.45	235.02	52.66