SHE:301312 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	202.21	235.55	150.65	271.59	811.46	65.98
Trading Asset Securities	682.43	688.25	777.55	664.87	-	-
Cash & Short-Term Investments	884.64	923.8	928.19	936.47	811.46	65.98
Cash Growth	-0.97%	-0.47%	-0.88%	15.40%	1129.87%	-35.38%
Accounts Receivable	258.73	217.34	197.56	132.08	221.29	155.49
Other Receivables	4.3	7.01	2.98	4.18	6.27	2.21
Receivables	263.03	224.35	200.54	136.26	227.56	157.69
Inventory	258.86	254.57	180.04	110.21	86.11	102.99
Other Current Assets	8.61	12.13	17.23	7.52	10.88	10.39
Total Current Assets	1,415	1,415	1,326	1,190	1,136	337.06
Property, Plant & Equipment	102.24	106.43	99.82	63.08	64.56	65.55
Long-Term Investments	9.28	9.32	9.12	8.16	9.32	9.81
Goodwill	0.79	0.79	-	-	-	-
Other Intangible Assets	7.53	7.87	6.67	7.44	6.86	3.35
Long-Term Deferred Tax Assets	6.23	6.07	6.88	3.86	4.01	2.79
Long-Term Deferred Charges	4.26	4.82	5.14	5.68	1.53	1.78
Other Long-Term Assets	12.67	2.41	1.39	0.77	1.21	2.52
Total Assets	1,558	1,553	1,455	1,279	1,224	422.85
Accounts Payable	116.29	151.35	147.75	41.9	55.08	42.25
Accrued Expenses	28.66	41.23	26.01	16.57	21.71	17.22
Short-Term Debt	1.9	1.9	-	-	-	-
Current Portion of Long-Term Debt	4.81	-	-	-	-	-
Current Portion of Leases	-	5.64	5.03	5.53	5.72	4.2
Current Income Taxes Payable	4.94	2.48	0.31	0.45	3.56	0.32
Current Unearned Revenue	92.48	69.84	36.37	11.8	3.41	8.54
Other Current Liabilities	67.67	53.89	37.24	37.61	4.64	1.86
Total Current Liabilities	316.75	326.34	252.71	113.86	94.12	74.39
Long-Term Leases	1.04	1.67	3.78	1.37	5.06	7.93
Long-Term Unearned Revenue	0.9	0.92	0.36	-	0.09	0.25
Long-Term Deferred Tax Liabilities	0.84	0.86	3.11	0.96	1.56	-
Other Long-Term Liabilities	-	-	0.66	-	-	-
Total Liabilities	319.53	329.79	260.61	116.19	100.83	82.57
Common Stock	121.18	121.18	87.2	62.53	40.94	30.71
Additional Paid-In Capital	747.41	747.41	807.92	838.69	815.76	158.83
Retained Earnings	379.45	365.04	322.87	294.16	263.31	146.6
Treasury Stock	-12.89	-12.89	-27.12	-35.02	-	-
Comprehensive Income & Other	0.16	-0.21	0.13	0.26	0.17	-0.11
Total Common Equity	1,235	1,221	1,191	1,161	1,120	336.02
Minority Interest	3.29	2.23	3.43	2.65	2.49	4.26
Shareholders' Equity	1,239	1,223	1,194	1,163	1,123	340.29
Total Liabilities & Equity	1,558	1,553	1,455	1,279	1,224	422.85
Total Debt	7.75	9.21	8.81	6.9	10.78	12.13
Net Cash (Debt)	876.89	914.59	919.39	929.56	800.68	53.85
Net Cash Growth	-1.04%	-0.52%	-1.09%	16.10%	1386.94%	-36.73%
Net Cash Per Share	6.84	7.64	10.51	7.58	7.79	0.60
Filing Date Shares Outstanding	120.06	121.18	122.07	122.55	122.65	90.28
Total Common Shares Outstanding	120.06	121.18	122.07	122.55	120.37	90.28
Working Capital	1,098	1,089	1,073	1,077	1,042	262.66
Book Value Per Share	10.29	10.07	9.76	9.47	9.31	3.72
Tangible Book Value	1,227	1,212	1,184	1,153	1,113	332.67
Tangible Book Value Per Share	10.22	10.00	9.70	9.41	9.25	3.68
Buildings	-	50.54	43.02	41.93	41.93	41.93
Machinery	-	98.1	84.08	44.69	36.29	29.77

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