SHE:301252 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	Dec '21 Dec 31, 2021
Cash & Equivalents	291.13	445.68	388.16	640.38	72.52	59.68
Trading Asset Securities	114.79	80.46	134.2	-	0.18	-
Cash & Short-Term Investments	405.92	526.14	522.36	640.38	72.7	59.68
Cash Growth	-25.64%	0.73%	-18.43%	780.88%	21.81%	13.20%
Accounts Receivable	735.06	680.82	610.53	593.89	473.92	439.29
Other Receivables	2.23	1.5	0.63	0.82	1.29	4
Receivables	737.28	682.32	611.16	594.71	475.2	443.3
Inventory	221.07	160.93	146	114.98	88.87	116.24
Other Current Assets	41.31	12.46	4.2	3.21	2.34	1.93
Total Current Assets	1,406	1,382	1,284	1,353	639.11	621.15
Property, Plant & Equipment	298.04	299.26	254.07	195.51	171.72	162.27
Long-Term Investments	70.88	62.68	50.71	50.59	49.06	46.89
Other Intangible Assets	60.35	60.65	60.15	60.99	33.56	34.26
Long-Term Deferred Tax Assets	1.02	1.36	1.55	0.93	5.06	4.59
Long-Term Deferred Charges	15.53	15.62	14.04	5.13	2.92	4.4
Other Long-Term Assets	99.11	52.31	32.94	23.64	17.65	18.93
Total Assets	1,970	1,874	1,697	1,690	919.08	892.49
Accounts Payable	376.7	299.15	341.8	364.59	288.23	305.95
Accrued Expenses	23.81	37.25	37.97	32.69	24.82	31.86
Short-Term Debt	91.09	95.86	19.96	86.55	94.61	99.03
Current Portion of Long-Term Debt	-	-	-	-	-	4.91
Current Portion of Leases	4.57	4.71	1.38	1.37	2.79	2.09
Current Income Taxes Payable	6.9	6.25	7.45	5.22	2.37	2.59
Current Unearned Revenue	1.27	1.14	2.03	1.24	1.61	3.06
Other Current Liabilities	57.77	67.48	56.58	42.65	26.05	48.85
Total Current Liabilities	562.11	511.84	467.15	534.32	440.48	498.34
Long-Term Leases	10.37	8	0.17	0.27	0.5	2.66
Long-Term Unearned Revenue	15.83	16.17	-	-	-	-
Long-Term Deferred Tax Liabilities	5.18	4.76	4.67	2.48	7.7	6.21
Other Long-Term Liabilities	3.26	3.76	3.66	2.61	1.99	1.67
Total Liabilities	596.75	544.53	475.66	539.68	450.67	508.88
Common Stock	169.23	169.23	116	80	60	60
Additional Paid-In Capital	589.31	584.63	611.7	644.95	104.79	100.85
Retained Earnings	591.04	568.98	489.39	422.59	303.18	218.87
Comprehensive Income & Other	4.35	5.92	3.99	2.39	-	-
Total Common Equity	1,354	1,329	1,221	1,150	467.97	379.71
Minority Interest	19.83	0.44	0.44	0.44	0.44	3.9
Shareholders' Equity	1,374	1,329	1,222	1,150	468.41	383.62
Total Liabilities & Equity	1,970	1,874	1,697	1,690	919.08	892.49
Total Debt	106.03	108.58	21.51	88.19	97.9	108.69
Net Cash (Debt)	299.89	417.57	500.85	552.18	-25.2	-49
Net Cash Growth	-39.65%	-16.63%	-9.30%	-	-	-
Net Cash Per Share	1.64	2.46	2.96	3.54	-0.20	-0.39
Filing Date Shares Outstanding	169.23	169.23	168.2	168.2	126.17	126.15
Total Common Shares Outstanding	169.23	169.23	168.2	168.2	126.17	126.15
Working Capital	843.48	870.01	816.57	818.95	198.64	122.82
Book Value Per Share	8.00	7.85	7.26	6.84	3.71	3.01
Tangible Book Value	1,274	1,268	1,161	1,089	434.41	345.45
Tangible Book Value Per Share	7.53	7.49	6.90	6.47	3.44	2.74
Buildings	-	152.04	151.81	143.2	100.4	100.34
Machinery	-	244.15	203.65	162.03	151.79	136.56
Construction In Progress	-	41.87	28.99	7.6	18	4.79