SHE:301329 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	742.57	749.42	1,073	1,191	301.79	161.25
Trading Asset Securities	0.74	1.26	-	1.51	0.08	4.6
Cash & Short-Term Investments	743.31	750.68	1,073	1,193	301.88	165.85
Cash Growth	-16.14%	-30.01%	-10.09%	295.18%	82.02%	13.74%
Accounts Receivable	422.91	447.54	273.79	267.06	281.05	320.15
Other Receivables	22.34	4.94	7.27	5.44	3.2	3.34
Receivables	445.25	452.49	281.06	272.5	284.24	323.49
Inventory	148.05	142.74	93.86	82.26	93.08	139.85
Other Current Assets	245.35	239.9	8.64	6.48	14.85	15.01
Total Current Assets	1,582	1,586	1,456	1,554	694.05	644.2
Property, Plant & Equipment	231.72	234.76	149.28	139.84	147.81	165.95
Long-Term Investments	8.48	60.62	163.01	50.22	-	-
Goodwill	143.75	143.75	-	-	-	-
Other Intangible Assets	21.27	27.21	14.8	14.89	11.09	9.78
Long-Term Deferred Tax Assets	6.95	7.25	5.69	5.51	6.61	7.31
Long-Term Deferred Charges	11.09	12.28	3.85	3.9	0.85	0.99
Other Long-Term Assets	69.65	13.05	12.16	6.55	30.1	11.52
Total Assets	2,075	2,085	1,805	1,775	890.51	839.75
Accounts Payable	288.37	296.05	201.65	178.95	176.07	224.9
Accrued Expenses	16.65	42.12	23.98	26.09	30.36	31.76
Short-Term Debt	30.02	39.89	-	2.02	8.05	-
Current Portion of Long-Term Debt	30.38	22.6	-	-	-	-
Current Portion of Leases	-	6.82	5.17	3.68	3.76	4.47
Current Income Taxes Payable	8.5	2.15	1.11	1.5	3.78	3.83
Current Unearned Revenue	0.87	0.73	0.83	0.69	1.01	3.86
Other Current Liabilities	14.82	3.69	1.57	0.71	4.35	1.99
Total Current Liabilities	389.61	414.05	234.3	213.64	227.36	270.81
Long-Term Debt	67.1	66.78	-	-	-	-
Long-Term Leases	9.66	9.64	5.92	2.88	1.59	5.06
Long-Term Deferred Tax Liabilities	2.21	2.5	-	-	-	-
Other Long-Term Liabilities	-	11.3	-	-	-	-
Total Liabilities	468.58	504.27	240.22	216.52	228.95	275.87
Common Stock	170.2	170.2	170.2	170.2	127.2	127.2
Additional Paid-In Capital	824.17	824.17	823.95	823.89	42.81	42.81
Retained Earnings	597.47	568.93	571.12	566.03	493.48	397.04
Comprehensive Income & Other	-4.23	-1.11	-0.57	-1.53	-1.93	-3.18
Total Common Equity	1,588	1,562	1,565	1,559	661.56	563.88
Minority Interest	18.7	18.27	0	-	-	-
Shareholders' Equity	1,606	1,580	1,565	1,559	661.56	563.88
Total Liabilities & Equity	2,075	2,085	1,805	1,775	890.51	839.75
Total Debt	137.16	145.74	11.09	8.58	13.39	9.53
Net Cash (Debt)	606.15	604.94	1,061	1,184	288.48	156.32
Net Cash Growth	-29.13%	-43.01%	-10.38%	310.56%	84.55%	12.24%
Net Cash Per Share	3.56	3.53	6.24	8.16	2.27	1.12
Filing Date Shares Outstanding	170.2	170.2	170.2	170.2	127.2	127.2
Total Common Shares Outstanding	170.2	170.2	170.2	170.2	127.2	127.2
Working Capital	1,192	1,172	1,222	1,341	466.7	373.39
Book Value Per Share	9.33	9.18	9.19	9.16	5.20	4.43
Tangible Book Value	1,423	1,391	1,550	1,544	650.47	554.09
Tangible Book Value Per Share	8.36	8.17	9.11	9.07	5.11	4.36
Land	-	26.67	-	-	-	-
Buildings	-	86.07	86.07	86.07	86.07	86.07
Machinery	-	614.9	534.18	518.13	511.3	506.72
Construction In Progress	-	8.59	3.57	3.76	4.75	3.42