SHE:301315 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	346.14	292.92	651.56	540.2	218.48	190.2
Trading Asset Securities	558.19	645.28	245.15	330.02	-	-
Cash & Short-Term Investments	904.33	938.2	896.71	870.22	218.48	190.2
Cash Growth	1.70%	4.63%	3.04%	298.31%	14.87%	1.57%
Accounts Receivable	60.12	60.57	90.74	87.78	62.34	46.69
Other Receivables	1.03	0.98	13	1.94	3.33	0
Receivables	61.15	61.56	103.74	89.72	65.67	46.69
Inventory	33.07	38.41	53.36	79.53	86.48	79.02
Prepaid Expenses	-	2.16	1.67	0.62	1.07	1.46
Other Current Assets	23.25	19.28	2.35	11.09	6.79	6.3
Total Current Assets	1,022	1,060	1,058	1,051	378.49	323.67
Property, Plant & Equipment	46.09	47.8	47.66	52.77	54.21	71.75
Long-Term Investments	1.89	1.92	-	-	-	-
Goodwill	90.06	90.06	-	-	-	-
Other Intangible Assets	15.93	16.43	-	-	-	0.06
Long-Term Deferred Tax Assets	6.68	6.1	1.11	0.61	0.46	0.48
Long-Term Deferred Charges	1.2	1.44	0.39	0.46	-	-
Other Long-Term Assets	13.67	14.16	16.12	18.08	20.03	8.46
Total Assets	1,197	1,238	1,123	1,123	453.19	404.44
Accounts Payable	13.49	37.79	50.39	34.23	37.36	25.16
Accrued Expenses	4.89	15.82	5.83	12.49	12.44	10.87
Short-Term Debt	0.1	14	-	-	-	-
Current Portion of Leases	1.32	1.45	0.14	0.33	0.11	0.3
Current Income Taxes Payable	2.13	0.07	0.78	0.01	0.81	0.01
Current Unearned Revenue	25.74	30.85	31.79	61.25	63.75	70.34
Other Current Liabilities	50.11	51.07	3.34	4.55	2.03	2.16
Total Current Liabilities	97.79	151.06	92.28	112.85	116.5	108.85
Long-Term Leases	1.79	1.83	-	0.14	0.12	-
Long-Term Unearned Revenue	-	-	-	0.03	0.08	0.29
Long-Term Deferred Tax Liabilities	3.47	2.42	-	-	-	0.29
Total Liabilities	103.05	155.3	92.28	113.02	116.71	109.43
Common Stock	88	88	88	88	66	66
Additional Paid-In Capital	665.37	665.37	665.37	665.37	71.92	71.92
Retained Earnings	281.33	272.11	278.41	257.5	199.23	157.53
Comprehensive Income & Other	-1.11	-1.05	-0.99	-0.79	-0.66	-0.43
Total Common Equity	1,034	1,024	1,031	1,010	336.49	295.01
Minority Interest	60.69	57.79	0.05	-	-	-
Shareholders' Equity	1,094	1,082	1,031	1,010	336.49	295.01
Total Liabilities & Equity	1,197	1,238	1,123	1,123	453.19	404.44
Total Debt	3.21	17.29	0.14	0.46	0.24	0.3
Net Cash (Debt)	901.13	920.91	896.57	869.76	218.24	189.9
Net Cash Growth	1.34%	2.71%	3.08%	298.53%	14.92%	1.41%
Net Cash Per Share	10.24	10.47	10.19	11.29	3.30	2.89
Filing Date Shares Outstanding	88	88	88	88	66	66
Total Common Shares Outstanding	88	88	88	88	66	66
Working Capital	924	908.54	965.56	938.33	261.99	214.83
Book Value Per Share	11.75	11.64	11.71	11.48	5.10	4.47
Tangible Book Value	927.6	917.93	1,031	1,010	336.49	294.95
Tangible Book Value Per Share	10.54	10.43	11.71	11.48	5.10	4.47
Buildings	-	87.56	87.56	87.56	85.31	116.62
Machinery	-	8.74	7.37	7.06	7.91	6.95

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