SHE:301322 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	277.6	165.04	258.55	2,013	172.56	54.26
Trading Asset Securities	1,155	1,297	1,685	231.52	-	-
Cash & Short-Term Investments	1,432	1,462	1,943	2,245	172.56	54.26
Cash Growth	-27.31%	-24.77%	-13.43%	1200.84%	218.00%	16.30%
Accounts Receivable	384.63	384.02	229.57	211.1	180.67	127.9
Other Receivables	10.71	5.71	23.22	8.55	9.01	8.48
Receivables	395.34	389.73	252.79	219.66	189.69	136.38
Inventory	761.02	727.07	131.76	183.72	143.7	153.44
Other Current Assets	99.49	94.26	17.26	13.41	23.87	59.86
Total Current Assets	2,688	2,673	2,345	2,662	529.82	403.95
Property, Plant & Equipment	501.98	505.09	443.03	365.69	307.49	218.71
Long-Term Investments	280.77	255.4	179.16	-	-	-
Goodwill	316.66	316.66	-	-	-	-
Other Intangible Assets	75.09	76.71	41.9	36.89	35.89	36.1
Long-Term Deferred Tax Assets	35.04	32.2	6.28	3.99	3.35	2.11
Long-Term Deferred Charges	3.7	4.09	1.23	-	0.11	0.23
Other Long-Term Assets	91.41	91.75	90.05	0.77	2.37	1.98
Total Assets	3,993	3,955	3,107	3,069	879.04	663.08
Accounts Payable	291.89	295.94	219.33	95.19	113.64	181.89
Accrued Expenses	10.93	14.94	30.06	35.71	13.79	19.18
Short-Term Debt	166.16	134.01	-	-	-	10.01
Current Portion of Long-Term Debt	8.14	10.58	-	-	-	-
Current Portion of Leases	-	-	0.02	0.69	0.09	3.73
Current Income Taxes Payable	22.17	28.35	-	9.71	6.11	4.91
Current Unearned Revenue	226.1	213	21.02	20.83	27.31	23.62
Other Current Liabilities	165.05	164.65	2.58	1.97	19.78	33.57
Total Current Liabilities	890.45	861.47	273.01	164.11	180.72	276.91
Long-Term Debt	9.4	9.45	-	-	-	-
Long-Term Leases	1.51	1.96	0.02	-	1.62	1.71
Long-Term Deferred Tax Liabilities	18.84	18.86	5.32	0.45	0.38	-
Other Long-Term Liabilities	17.3	14.57	3.23	0.12	-	-
Total Liabilities	937.5	906.32	281.58	164.68	182.72	278.62
Common Stock	141.29	141.29	146.77	104.9	52.44	52.44
Additional Paid-In Capital	2,072	2,064	2,146	2,188	138.71	138.71
Retained Earnings	618.94	621.75	648.36	610.91	505.17	193.31
Treasury Stock	-	-	-115.57	-	-	-
Comprehensive Income & Other	-0.07	-0.02	-	-	-	-
Total Common Equity	2,832	2,827	2,825	2,904	696.32	384.46
Minority Interest	223.3	221.53	-	-	-	-
Shareholders' Equity	3,055	3,049	2,825	2,904	696.32	384.46
Total Liabilities & Equity	3,993	3,955	3,107	3,069	879.04	663.08
Total Debt	185.21	156	0.04	0.69	1.71	15.45
Net Cash (Debt)	1,247	1,306	1,943	2,244	170.85	38.81
Net Cash Growth	-36.71%	-32.79%	-13.41%	1213.46%	340.17%	-16.81%
Net Cash Per Share	8.79	9.19	13.54	15.95	1.55	0.35
Filing Date Shares Outstanding	140.45	148.4	141.29	146.86	110.13	110.13
Total Common Shares Outstanding	140.45	148.4	141.29	146.86	110.13	110.13
Working Capital	1,798	1,812	2,072	2,497	349.1	127.04
Book Value Per Share	20.16	19.05	20.00	19.77	6.32	3.49
Tangible Book Value	2,440	2,434	2,783	2,867	660.43	348.36
Tangible Book Value Per Share	17.37	16.40	19.70	19.52	6.00	3.16
Buildings	-	-	364.99	362.65	146.36	146.36
Machinery	-	-	103.99	80.22	69.53	60.93
Construction In Progress	-	-	96.52	24.26	174.07	77.29

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