SHE:301234 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	39.52	81.08	155.68	271.32	104.17	43.33
Trading Asset Securities	367.46	337.8	221.14	75.24	260.66	-
Cash & Short-Term Investments	406.99	418.88	376.82	346.56	364.82	43.33
Cash Growth	7.02%	11.16%	8.73%	-5.00%	741.98%	-21.37%
Accounts Receivable	85.48	89.75	109.56	93.55	93.24	90.21
Other Receivables	13.28	13.72	11.64	11.41	7.67	9.54
Receivables	98.75	103.47	121.19	104.96	100.91	99.75
Inventory	41.97	41.76	44.78	47.19	51.53	51.58
Other Current Assets	7.57	9.63	5.02	9.02	13.59	11.01
Total Current Assets	555.28	573.74	547.81	507.73	530.85	205.67
Property, Plant & Equipment	285.5	285.66	316.4	326.76	287.4	162.06
Other Intangible Assets	6.51	6.61	6.59	7.22	7.78	8.4
Long-Term Deferred Tax Assets	1.1	1.17	1.3	0.91	5.22	2.74
Long-Term Deferred Charges	0.37	0.01	0.05	0.06	0.1	0.18
Other Long-Term Assets	5.21	1.84	0.5	5.49	13.24	4.02
Total Assets	853.98	869.04	872.67	848.18	844.6	383.07
Accounts Payable	50.65	60.18	62.47	60.48	78.51	64.98
Accrued Expenses	8.83	19.18	15.3	15.34	13.73	11.17
Short-Term Debt	-	-	-	-	-	12.76
Current Portion of Long-Term Debt	0.26	0.25	-	-	-	-
Current Portion of Leases	-	-	0.57	0.25	0.39	0.07
Current Income Taxes Payable	1.86	1.41	1.53	0.87	1.7	4.14
Current Unearned Revenue	6.41	9.58	11.66	11.12	13.25	17.22
Other Current Liabilities	0.76	0.9	1.77	0.98	1.22	0.45
Total Current Liabilities	68.76	91.51	93.29	89.05	108.8	110.78
Long-Term Leases	-	-	0.25	-	0.22	-
Long-Term Unearned Revenue	12.79	12.79	13.32	7.69	12.14	9.49
Long-Term Deferred Tax Liabilities	3.35	3.72	3.31	1.73	-	0.02
Total Liabilities	84.91	108.02	110.17	98.47	121.15	120.3
Common Stock	68	68	68	68	68	51
Additional Paid-In Capital	395.25	395.25	395.25	395.25	395.25	22.51
Retained Earnings	305.82	297.77	299.24	286.46	260.19	189.26
Shareholders' Equity	769.07	761.02	762.5	749.71	723.44	262.77
Total Liabilities & Equity	853.98	869.04	872.67	848.18	844.6	383.07
Total Debt	0.26	0.25	0.82	0.25	0.61	12.83
Net Cash (Debt)	406.73	418.63	376	346.31	364.21	30.5
Net Cash Growth	7.18%	11.34%	8.57%	-4.92%	1094.16%	33.45%
Net Cash Per Share	5.98	6.16	5.53	5.09	6.12	0.60
Filing Date Shares Outstanding	68	68.04	68	68	68	51
Total Common Shares Outstanding	68	68.04	68	68	68	51
Working Capital	486.52	482.23	454.52	418.68	422.05	94.89
Book Value Per Share	11.31	11.18	11.21	11.03	10.64	5.15
Tangible Book Value	762.56	754.41	755.9	742.49	715.66	254.37
Tangible Book Value Per Share	11.21	11.09	11.12	10.92	10.52	4.99
Buildings	-	-	140.21	125.7	66.04	65.3
Machinery	-	-	313.71	298.55	200.44	167.49
Construction In Progress	-	-	14.96	21.82	117.55	8.78

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