SHE:301297 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	818.08	996.97	381.65	397.67	754.3	102.88
Short-Term Investments	-	-	53.87	-	-	-
Trading Asset Securities	522.27	509.86	211.81	199.16	-	-
Cash & Short-Term Investments	1,340	1,507	647.33	596.83	754.3	102.88
Cash Growth	110.26%	132.78%	8.46%	-20.88%	633.22%	-27.04%
Accounts Receivable	853	857.21	213.14	180.25	150.65	130.9
Other Receivables	22.25	6.53	1.71	1.25	1.24	2.62
Receivables	875.25	863.75	214.85	181.51	151.9	133.52
Inventory	724.39	659.11	98.2	85.28	85.4	67.04
Prepaid Expenses	-	-	-	-	2.5	-
Other Current Assets	556.9	550.61	18.18	7.08	29.94	26.18
Total Current Assets	3,497	3,580	978.56	870.7	1,024	329.62
Property, Plant & Equipment	2,777	2,719	716.28	639.34	626.65	502.7
Long-Term Investments	270.47	300.43	22.53	66.76	-	-
Other Intangible Assets	193.35	190.76	38.12	39.68	39.99	40.16
Long-Term Deferred Tax Assets	23.81	23.02	19.41	7.42	11.71	9.84
Long-Term Deferred Charges	53.61	54.53	30.51	36.06	35.74	18.93
Other Long-Term Assets	16	7.61	4.39	4.27	2.82	5.82
Total Assets	6,831	6,875	1,810	1,664	1,741	907.07
Accounts Payable	628.61	694.42	153.49	112.31	197.01	116.09
Accrued Expenses	105.72	69.4	36.87	30.8	25.32	21.15
Short-Term Debt	-	-	-	-	19.02	50.06
Current Portion of Long-Term Debt	-	50.9	-	-	6.3	-
Current Portion of Leases	-	-	7.49	3.99	4.9	4.72
Current Income Taxes Payable	-	34.88	7.51	6.22	5.37	3.65
Current Unearned Revenue	15.98	13.15	1.84	0.79	0.55	0.26
Other Current Liabilities	59.05	99.16	1.38	0.87	1.16	3.81
Total Current Liabilities	809.37	961.92	208.57	154.97	259.63	199.72
Long-Term Debt	332.52	330.53	-	-	65.17	15.68
Long-Term Leases	46.12	28.9	16.67	3.92	6.74	10.77
Long-Term Unearned Revenue	140.09	143.15	39	43.16	42.37	38.61
Long-Term Deferred Tax Liabilities	11.52	11.52	-	0.04	4.88	2.29
Other Long-Term Liabilities	23.8	23.8	34	-	-	-
Total Liabilities	1,363	1,500	298.25	202.09	378.79	267.09
Common Stock	743.19	743.19	338.39	338.39	338.39	253.79
Additional Paid-In Capital	3,400	3,393	692.11	760.11	726.18	176.67
Retained Earnings	1,269	1,172	437.96	356.15	297.6	209.52
Comprehensive Income & Other	39.62	49.77	43.1	7.48	-	-
Total Common Equity	5,452	5,359	1,512	1,462	1,362	639.98
Minority Interest	15.34	16.79	-	-	-	-
Shareholders' Equity	5,467	5,375	1,512	1,462	1,362	639.98
Total Liabilities & Equity	6,831	6,875	1,810	1,664	1,741	907.07
Total Debt	378.65	410.33	24.16	7.91	102.12	81.23
Net Cash (Debt)	961.7	1,097	623.17	588.92	652.18	21.65
Net Cash Growth	56.04%	75.96%	5.82%	-9.70%	2912.94%	-84.65%
Net Cash Per Share	1.40	1.72	1.81	1.74	2.57	0.09
Filing Date Shares Outstanding	745.43	833.48	338.39	338.39	338.39	253.79
Total Common Shares Outstanding	745.43	833.48	338.39	338.39	338.39	253.79
Working Capital	2,688	2,618	769.99	715.72	764.42	129.89
Book Value Per Share	7.31	6.43	4.47	4.32	4.03	2.52
Tangible Book Value	5,259	5,168	1,473	1,422	1,322	599.82
Tangible Book Value Per Share	7.05	6.20	4.35	4.20	3.91	2.36
Buildings	-	-	376.37	314.55	286.33	174.11
Machinery	-	-	506.22	424.92	19.21	248.13
Construction In Progress	-	-	57.32	85.27	110.15	169.43

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