SHE:301279 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	215.55	247.48	233.15	380.12	372.36	62.7
Trading Asset Securities	151.24	207.56	130.14	0	100	-
Cash & Short-Term Investments	366.78	455.04	363.29	380.12	472.36	62.7
Cash Growth	-0.69%	25.25%	-4.42%	-19.53%	653.33%	-31.27%
Accounts Receivable	328.46	285.88	247.16	186.15	219.09	210.75
Other Receivables	0.49	0.49	0.97	-	-	0
Receivables	328.95	286.37	248.13	186.15	219.09	210.75
Inventory	174.54	190.78	179.35	209.97	195.9	158.27
Prepaid Expenses	-	-	-	-	-	1
Other Current Assets	4.88	3.28	2.06	7.57	15.16	3.94
Total Current Assets	875.15	935.47	792.83	783.81	902.5	436.66
Property, Plant & Equipment	715.78	704.12	734.62	794.16	658.45	415.41
Long-Term Investments	-	-	-	-	-	5.66
Other Intangible Assets	103.26	104.06	106.64	91.91	94.83	97.53
Long-Term Deferred Tax Assets	0.06	0.05	0.04	0.42	13.28	1.66
Other Long-Term Assets	38.7	24.43	25.89	16.63	24.22	33.23
Total Assets	1,733	1,768	1,660	1,687	1,693	990.15
Accounts Payable	293.3	316.03	253.25	316.84	328.71	278.98
Accrued Expenses	10.05	22.26	22.27	19.04	17.13	15.12
Short-Term Debt	28.5	49.4	44.59	16.7	15.92	2
Current Income Taxes Payable	7.58	2.66	0.02	0.01	0.14	3.38
Current Unearned Revenue	0.25	0.72	1.61	2.15	0.15	1.18
Other Current Liabilities	1.46	0.15	0.16	0.19	0.06	0.19
Total Current Liabilities	341.14	391.22	321.91	354.93	362.11	300.85
Long-Term Debt	-	-	-	-	-	154.44
Long-Term Unearned Revenue	13.11	13.09	15.27	13.66	2.3	3.23
Long-Term Deferred Tax Liabilities	2.3	2.93	2.22	-	9.64	-
Total Liabilities	356.55	407.24	339.39	368.59	374.04	458.53
Common Stock	129.74	129.74	100	100	100	75
Additional Paid-In Capital	853.21	852.36	883.21	883.21	883.21	202.23
Retained Earnings	401.89	386.62	347.9	335.14	336.04	254.4
Treasury Stock	-8.44	-7.83	-10.48	-	-	-
Shareholders' Equity	1,376	1,361	1,321	1,318	1,319	531.63
Total Liabilities & Equity	1,733	1,768	1,660	1,687	1,693	990.15
Total Debt	28.5	49.4	44.59	16.7	15.92	156.44
Net Cash (Debt)	338.28	405.65	318.7	363.41	456.44	-93.74
Net Cash Growth	4.89%	27.28%	-12.30%	-20.38%	-	-
Net Cash Per Share	2.48	2.42	1.89	2.15	2.94	-0.74
Filing Date Shares Outstanding	127.2	168.07	167.53	168.65	169	126.75
Total Common Shares Outstanding	127.2	167.53	167.92	169	169	126.75
Working Capital	534.01	544.25	470.93	428.88	540.39	135.8
Book Value Per Share	10.82	8.12	7.86	7.80	7.81	4.19
Tangible Book Value	1,273	1,257	1,214	1,226	1,224	434.1
Tangible Book Value Per Share	10.01	7.50	7.23	7.26	7.25	3.42
Buildings	-	406.09	406.09	457.76	259.92	93.74
Machinery	-	764.86	746.52	707	545.73	399.44
Construction In Progress	-	21.33	3.53	21.56	193.42	238.22

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