SHE:301357 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	37.3	150.78	145.36	399.11	93.43	44.74
Trading Asset Securities	277.61	195.6	255.86	165.43	-	-
Cash & Short-Term Investments	314.91	346.38	401.23	564.54	93.43	44.74
Cash Growth	-13.92%	-13.67%	-28.93%	504.22%	108.82%	30.07%
Accounts Receivable	487.62	483.84	378.19	317.26	280.34	244.24
Other Receivables	2.89	2.99	2.94	-	0.52	0.35
Receivables	490.51	486.84	381.13	317.26	280.86	244.59
Inventory	29.61	41.08	46.35	42.34	17.42	68.19
Prepaid Expenses	-	0	0.26	2.06	-	-
Other Current Assets	2.19	0.7	5.11	5.77	20.68	14.62
Total Current Assets	837.22	874.99	834.08	931.96	412.39	372.13
Property, Plant & Equipment	367.63	371.16	346.87	335.19	252.49	150.43
Long-Term Investments	4.53	4.71	4.79	-	-	-
Other Intangible Assets	29.93	30.13	30.95	31.79	30.85	31.52
Long-Term Deferred Tax Assets	17.29	14.2	12.43	7.07	4.61	3.29
Long-Term Deferred Charges	0.13	0.19	0.79	1.26	-	-
Other Long-Term Assets	0.59	0.58	6.31	14.47	13.67	20.49
Total Assets	1,257	1,296	1,236	1,322	714	577.86
Accounts Payable	99.4	118.41	102.44	130.13	73.92	143.64
Accrued Expenses	3.51	9.21	4.98	5.83	10.96	8.47
Short-Term Debt	-	-	-	2.89	-	9.18
Current Portion of Leases	1.56	0.18	0.32	1	3.85	3.36
Current Income Taxes Payable	5.31	5.01	0.29	0	11.58	7.11
Current Unearned Revenue	3.66	6.18	1.97	0.7	0.42	17.13
Other Current Liabilities	0.07	0.46	0.11	33.02	4.52	7.6
Total Current Liabilities	113.51	139.45	110.11	173.58	105.26	196.49
Long-Term Debt	-	-	-	-	202.63	56.74
Long-Term Leases	-	0.04	0.08	1.07	4.16	6.36
Long-Term Unearned Revenue	-	-	-	2.2	2.2	-
Other Long-Term Liabilities	2.92	3.12	1.56	4.26	6.55	5.85
Total Liabilities	116.43	142.61	111.75	181.11	320.8	265.44
Common Stock	95.2	95.2	95.2	68	51	51
Additional Paid-In Capital	802.54	802.54	802.54	829.74	70.87	70.32
Retained Earnings	243.15	255.6	226.73	242.89	271.33	191.1
Shareholders' Equity	1,141	1,153	1,124	1,141	393.2	312.42
Total Liabilities & Equity	1,257	1,296	1,236	1,322	714	577.86
Total Debt	1.56	0.22	0.4	4.96	210.65	75.65
Net Cash (Debt)	313.35	346.16	400.82	559.58	-117.21	-30.9
Net Cash Growth	-14.23%	-13.64%	-28.37%	-	-	-
Net Cash Per Share	3.31	3.60	4.08	6.30	-1.64	-0.43
Filing Date Shares Outstanding	95.2	95.2	95.2	95.2	71.4	71.38
Total Common Shares Outstanding	95.2	95.2	95.2	95.2	71.4	71.38
Working Capital	723.71	735.54	723.96	758.38	307.13	175.65
Book Value Per Share	11.98	12.11	11.81	11.98	5.51	4.38
Tangible Book Value	1,111	1,123	1,094	1,109	362.35	280.9
Tangible Book Value Per Share	11.67	11.80	11.49	11.65	5.07	3.94
Buildings	-	-	-	74.59	-	-
Machinery	-	45.43	33.79	24.12	18.48	16.77
Construction In Progress	-	0.07	4.62	242.03	235.26	129.59