SHE:301282 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	206.47	239.18	391.91	491.92	512.85	83.46
Short-Term Investments	-	-	-	51.58	200.35	-
Trading Asset Securities	-	-	90.79	251.25	101.9	-
Cash & Short-Term Investments	206.47	239.18	482.7	794.75	815.11	83.46
Cash Growth	-49.64%	-50.45%	-39.27%	-2.50%	876.66%	22.83%
Accounts Receivable	941.95	923.34	777.47	647.23	564.09	449.63
Other Receivables	19.87	8.83	20.82	4.97	8	6.96
Receivables	961.82	932.17	798.3	652.2	572.09	456.59
Inventory	415.53	364.08	280.63	248.27	265.99	206.68
Prepaid Expenses	-	-	0.45	0.57	0.96	-
Other Current Assets	26.83	44.48	33.04	14.39	1.89	6.49
Total Current Assets	1,611	1,580	1,595	1,710	1,656	753.21
Property, Plant & Equipment	1,512	1,502	1,261	887.82	705.05	667.19
Long-Term Investments	19.76	9.82	10	-	-	-
Goodwill	22.13	22.13	22.13	-	-	-
Other Intangible Assets	90.14	92.47	89.46	86.8	45.4	47.4
Long-Term Deferred Tax Assets	29.18	24.39	16.72	19.19	15.55	13.19
Long-Term Deferred Charges	19.68	21.76	26.02	2.96	2.27	1.55
Other Long-Term Assets	81.44	52.84	1.21	19.23	22.63	13.16
Total Assets	3,385	3,305	3,021	2,726	2,447	1,496
Accounts Payable	1,146	1,109	951.36	711.54	582.22	615.82
Accrued Expenses	23.26	25.58	29.86	19.67	16.55	13.97
Short-Term Debt	157.15	150.03	125.6	238.61	46.36	146.02
Current Portion of Long-Term Debt	14.96	1.03	-	-	-	34.87
Current Portion of Leases	-	2.25	1.84	0.96	8.91	40.32
Current Income Taxes Payable	6.2	1.53	5.14	0.82	4.48	3.79
Current Unearned Revenue	0.04	0.12	0.07	0.05	0.02	1.25
Other Current Liabilities	107.13	123.26	129.17	2	2.21	0.24
Total Current Liabilities	1,455	1,413	1,243	973.64	660.76	856.27
Long-Term Debt	85.62	49.83	-	-	-	7.81
Long-Term Leases	2.6	3.68	5.51	3.58	0.18	9.83
Long-Term Unearned Revenue	112.89	115.81	87.45	72.47	77.36	70.29
Long-Term Deferred Tax Liabilities	-	1.16	-	18.98	19.97	20.54
Total Liabilities	1,656	1,583	1,336	1,069	758.27	964.74
Common Stock	151.14	151.14	151.14	151.14	151.14	113.35
Additional Paid-In Capital	1,211	1,211	1,221	1,223	1,221	243.1
Retained Earnings	396.07	387.16	334.13	283.98	317.14	175.63
Treasury Stock	-30.01	-30.01	-30.01	-	-	-
Comprehensive Income & Other	-1.02	-1	-1.12	-1.05	-0.97	-1.11
Total Common Equity	1,727	1,718	1,676	1,657	1,689	530.97
Minority Interest	2.23	3.72	9.9	-	-	-
Shareholders' Equity	1,729	1,722	1,685	1,657	1,689	530.97
Total Liabilities & Equity	3,385	3,305	3,021	2,726	2,447	1,496
Total Debt	260.32	206.82	132.95	243.15	55.46	238.83
Net Cash (Debt)	-53.85	32.36	349.75	551.6	759.65	-155.38
Net Cash Growth	-	-90.75%	-36.59%	-27.39%	-	-
Net Cash Per Share	-0.26	0.15	1.78	2.60	4.31	-0.97
Filing Date Shares Outstanding	209.28	209.28	209.28	211.6	211.6	158.69
Total Common Shares Outstanding	209.28	209.28	209.28	211.6	211.6	158.69
Working Capital	156.04	167.23	352.08	736.52	995.28	-103.06
Book Value Per Share	8.25	8.21	8.01	7.83	7.98	3.35
Tangible Book Value	1,615	1,603	1,564	1,571	1,643	483.57
Tangible Book Value Per Share	7.71	7.66	7.47	7.42	7.77	3.05
Buildings	-	524.93	478.66	327.97	303.86	242.61
Machinery	-	1,151	1,001	679.8	516.54	393.69
Construction In Progress	-	303.96	140.05	146.61	52.18	99.48