SHE:301360 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	214.65	819.71	860.73	880.71	148.09	86.89
Trading Asset Securities	590	-	-	-	-	-
Cash & Short-Term Investments	804.65	819.71	860.73	880.71	148.09	86.89
Cash Growth	-2.02%	-4.77%	-2.27%	494.71%	70.44%	-34.42%
Accounts Receivable	259.45	253.52	259.37	286.51	161.57	109.59
Other Receivables	5.15	1.6	1.78	1.54	1.72	1.5
Receivables	264.61	255.12	261.15	288.06	163.29	111.09
Inventory	476.35	359.22	135.53	82.61	131.78	76.51
Other Current Assets	11.54	13.71	23.31	2.66	7.99	5.31
Total Current Assets	1,557	1,448	1,281	1,254	451.16	279.79
Property, Plant & Equipment	120.03	119.53	119.61	104.08	80.78	57.18
Long-Term Investments	50.63	52.12	-	-	-	-
Other Intangible Assets	8.19	8.38	9.16	5.42	5.41	5.54
Long-Term Deferred Tax Assets	9.17	7.48	4.75	3.52	1.5	1.03
Long-Term Deferred Charges	1.43	1.6	1.35	0.35	0.47	1.3
Other Long-Term Assets	6.76	7.62	-	50	2.25	0.04
Total Assets	1,753	1,644	1,416	1,417	541.56	344.88
Accounts Payable	326.09	313.65	193.66	151.43	183.37	98.94
Accrued Expenses	10.86	17.17	15.24	16.16	28.36	20.19
Short-Term Debt	68.35	13.31	10.1	90.06	-	-
Current Portion of Leases	1.07	1.08	1.21	0.83	1.29	3.26
Current Income Taxes Payable	0.67	2.37	1.94	2.87	4.92	3.73
Current Unearned Revenue	129.72	85.92	15.11	6.8	41.05	5.26
Other Current Liabilities	17.52	11.44	2.99	2.35	8.51	11.18
Total Current Liabilities	554.28	444.94	240.26	270.51	267.5	142.56
Long-Term Debt	-	-	-	-	37.03	31.82
Long-Term Leases	0.92	1.2	2.41	2.46	0.15	0.97
Long-Term Unearned Revenue	2.99	3.1	4.63	0.54	0.12	0.21
Total Liabilities	558.18	449.24	247.29	273.51	304.8	175.55
Common Stock	53.34	53.34	53.34	53.34	40	40
Additional Paid-In Capital	881.59	880.92	877.35	881.69	32.09	32.09
Retained Earnings	261.06	261.61	237.76	208.86	164.66	97.22
Comprehensive Income & Other	-0.8	-0.64	-0.15	0.01	0.01	0.02
Shareholders' Equity	1,195	1,195	1,168	1,144	236.76	169.33
Total Liabilities & Equity	1,753	1,644	1,416	1,417	541.56	344.88
Total Debt	70.34	15.59	13.72	93.35	38.47	36.05
Net Cash (Debt)	734.31	804.12	847.01	787.36	109.62	50.84
Net Cash Growth	-10.19%	-5.06%	7.58%	618.26%	115.62%	-61.63%
Net Cash Per Share	10.52	11.64	12.19	12.33	2.11	0.98
Filing Date Shares Outstanding	69.34	69.34	69.34	69.34	52	52
Total Common Shares Outstanding	69.34	69.34	69.34	69.34	52	52
Working Capital	1,003	1,003	1,040	983.53	183.66	137.24
Book Value Per Share	17.24	17.24	16.85	16.50	4.55	3.26
Tangible Book Value	1,187	1,187	1,159	1,138	231.35	163.79
Tangible Book Value Per Share	17.12	17.12	16.72	16.42	4.45	3.15
Buildings	-	103.65	103.65	96.91	-	-
Machinery	-	37.03	28.1	15.12	11.77	10.93
Construction In Progress	-	0.24	-	-	74.19	46.62

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