SHE:301319 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	184.43	-	160.03	381.91	217.23	74.72
Trading Asset Securities	328.83	-	427.28	308.34	451.21	-
Cash & Short-Term Investments	513.25	-	587.32	690.25	668.44	74.72
Cash Growth	-13.77%	-	-14.91%	3.26%	794.61%	53.34%
Accounts Receivable	821.37	-	548.95	426.72	373.22	379.56
Other Receivables	7.35	-	0.17	0.14	0.25	3.33
Receivables	828.72	-	549.12	426.86	373.47	382.88
Inventory	183.39	-	108.12	72.21	74.98	83.96
Prepaid Expenses	-	-	0.01	0.43	-	3.51
Other Current Assets	35.24	-	14.35	13.15	12.91	9.32
Total Current Assets	1,561	-	1,259	1,203	1,130	554.39
Property, Plant & Equipment	71.73	-	57.65	48.42	52.61	61.79
Long-Term Investments	3.75	-	2.54	-	-	-
Goodwill	0.94	-	0.26	0.26	0.26	0.26
Other Intangible Assets	18.89	-	19.7	6.1	6.14	5.51
Long-Term Deferred Tax Assets	6.75	-	6.77	4.86	5.1	4.9
Long-Term Deferred Charges	21.24	-	19.97	2.22	1.97	2.46
Other Long-Term Assets	17.73	-	18.6	19.53	17	12.33
Total Assets	1,702	-	1,384	1,284	1,213	641.64
Accounts Payable	324.56	-	156.36	70.4	75.1	118.64
Accrued Expenses	12.39	-	21.41	18.08	14.55	13.77
Short-Term Debt	3.84	-	7.81	-	-	89.51
Current Portion of Leases	-	-	1.19	0.5	1.04	0.92
Current Income Taxes Payable	10.35	-	2.84	4.04	1.18	2.5
Current Unearned Revenue	6.81	-	1.28	1.72	3.43	2.61
Other Current Liabilities	122.35	-	46.26	51.07	41.21	42.97
Total Current Liabilities	480.31	-	237.16	145.81	136.51	270.92
Long-Term Leases	1.07	-	1.25	0.49	0.5	1.4
Long-Term Unearned Revenue	2.66	-	1.44	2.31	2.19	4.05
Long-Term Deferred Tax Liabilities	0.39	-	0.67	0.23	0.48	-
Total Liabilities	484.43	-	240.52	148.84	139.67	276.36
Common Stock	124.48	-	85.03	58.64	58.64	43.98
Additional Paid-In Capital	639.83	-	648.75	672.95	672.95	63.31
Retained Earnings	445.91	-	405.39	398.13	337.02	254.26
Comprehensive Income & Other	5.93	-	4.71	5.74	4.6	3.73
Shareholders' Equity	1,217	-	1,144	1,135	1,073	365.28
Total Liabilities & Equity	1,702	-	1,384	1,284	1,213	641.64
Total Debt	4.91	-	10.25	0.99	1.54	91.83
Net Cash (Debt)	508.34	-	577.06	689.26	666.9	-17.11
Net Cash Growth	-13.41%	-	-16.28%	3.35%	-	-
Net Cash Per Share	4.10	-	4.68	5.58	6.67	-0.18
Filing Date Shares Outstanding	124.44	124.51	123.28	123.28	123.28	92.46
Total Common Shares Outstanding	124.44	124.51	123.28	123.28	123.28	92.46
Working Capital	1,080	-	1,022	1,057	993.29	283.47
Book Value Per Share	9.77	-	9.28	9.21	8.71	3.95
Tangible Book Value	1,196	-	1,124	1,129	1,067	359.5
Tangible Book Value Per Share	9.61	-	9.12	9.16	8.65	3.89
Buildings	-	-	78.23	69.65	69.65	76.19
Machinery	-	-	44.5	42.53	41.69	39.69
Construction In Progress	-	-	0.59	0.14	-	-

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