SHE:301288 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	173.59	188.82	320.87	299.37	391.42	13.67
Trading Asset Securities	122.77	144.13	174.24	265.33	221.81	191.09
Cash & Short-Term Investments	296.36	332.94	495.12	564.7	613.23	204.77
Cash Growth	-30.55%	-32.75%	-12.32%	-7.91%	199.48%	-0.10%
Accounts Receivable	190.04	205.41	182.76	164.44	138.91	144.3
Other Receivables	6.69	2.97	0.9	0.83	0.72	1.24
Receivables	196.73	208.38	183.67	165.28	139.63	145.53
Inventory	65.57	61.1	23.36	13.72	13.54	13.49
Other Current Assets	42.05	36.83	20.56	12.26	15.7	9.25
Total Current Assets	600.71	639.25	722.71	755.96	782.1	373.04
Property, Plant & Equipment	342.11	345.07	182.17	178.72	116.09	21.73
Long-Term Investments	-	-	-	2.91	2.45	2.04
Goodwill	5.25	5.25	-	-	-	-
Other Intangible Assets	57.66	58.06	15.55	15.91	15.94	16.28
Long-Term Deferred Tax Assets	11.29	11.02	7.83	5.21	2.98	1.79
Long-Term Deferred Charges	4.37	2.11	-	-	-	-
Other Long-Term Assets	4.54	0.78	2.76	2.61	2.29	13.51
Total Assets	1,026	1,062	931.01	961.32	921.85	428.39
Accounts Payable	102.85	115.57	91.26	75.88	45.04	14.38
Accrued Expenses	3.86	12.27	5.26	8.91	13.32	13.92
Short-Term Debt	23.81	25.02	10.51	13.66	26.72	17.82
Current Portion of Leases	1.04	1.26	0.78	1.34	1.34	2.62
Current Income Taxes Payable	1.08	0.79	1.33	4.6	7.12	5.35
Current Unearned Revenue	30.45	18.67	9.28	4.9	9.07	7.48
Other Current Liabilities	10.5	24.09	3.71	2.84	2.43	2.29
Total Current Liabilities	173.58	197.66	122.13	112.12	105.04	63.86
Long-Term Leases	1.88	1.98	-	0.67	1.13	2.59
Long-Term Unearned Revenue	15.73	15.84	0.6	0.02	0.38	0.13
Long-Term Deferred Tax Liabilities	10.38	10.75	0.39	0.54	0.38	0.17
Other Long-Term Liabilities	6.01	6.01	-	-	-	-
Total Liabilities	207.58	232.23	123.11	113.35	106.93	66.75
Common Stock	108.01	108.01	108.01	108.01	108.01	81
Additional Paid-In Capital	646.5	643.67	638.05	624.68	612.58	184.08
Retained Earnings	53.79	64.47	86.74	115.59	94.63	96.68
Treasury Stock	-25.7	-25.7	-25.7	-	-	-
Comprehensive Income & Other	1.12	1.11	0	-	-	-
Total Common Equity	783.73	791.57	807.11	848.28	815.22	361.76
Minority Interest	34.63	37.75	0.8	-0.31	-0.3	-0.12
Shareholders' Equity	818.36	829.32	807.91	847.98	814.92	361.64
Total Liabilities & Equity	1,026	1,062	931.01	961.32	921.85	428.39
Total Debt	26.74	28.26	11.29	15.67	29.19	23.02
Net Cash (Debt)	269.62	304.68	483.83	549.04	584.04	181.74
Net Cash Growth	-36.59%	-37.03%	-11.88%	-5.99%	221.36%	-5.15%
Net Cash Per Share	2.54	2.87	4.52	4.98	5.75	2.25
Filing Date Shares Outstanding	106.33	106.33	106.33	108.01	108.01	108.01
Total Common Shares Outstanding	106.33	106.33	106.33	108.01	108.01	81
Working Capital	427.13	441.6	600.58	643.84	677.06	309.18
Book Value Per Share	7.37	7.44	7.59	7.85	7.55	4.47
Tangible Book Value	720.81	728.26	791.56	832.37	799.28	345.48
Tangible Book Value Per Share	6.78	6.85	7.44	7.71	7.40	4.27
Buildings	-	252.15	65.87	65.87	-	-
Machinery	-	126.89	9.22	8.93	5.44	5.2
Construction In Progress	-	56.79	113.81	105.77	108.02	6.73