SHE:301366 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	296.65	289.18	666.35	889.33	190.67	72.48
Trading Asset Securities	424	527.78	419.47	507.99	1,179	110.8
Cash & Short-Term Investments	720.65	816.95	1,086	1,397	1,369	183.28
Cash Growth	-32.09%	-24.76%	-22.29%	2.04%	647.15%	-40.73%
Accounts Receivable	260.28	238.12	200.77	177.43	172.43	125.84
Other Receivables	16.82	18.59	0.57	0.66	1.13	1.23
Receivables	277.1	256.72	201.34	178.08	173.56	127.07
Inventory	323.86	293.53	252.2	240.43	224.59	212.52
Other Current Assets	78.4	76.86	51.6	20.75	32.16	26.56
Total Current Assets	1,400	1,444	1,591	1,837	1,800	549.43
Property, Plant & Equipment	1,304	1,289	1,067	765.3	495.23	376.52
Long-Term Investments	-	-	17.43	17.43	26.53	22.6
Goodwill	1.37	1.37	1.37	1.37	-	-
Other Intangible Assets	97.87	99.56	103.68	77.12	15.5	18.05
Long-Term Deferred Tax Assets	7.64	6.32	5.03	4.53	4.23	5.87
Long-Term Deferred Charges	6.85	7.22	3.27	4.75	4.6	6.28
Other Long-Term Assets	83.54	44.25	16.21	4.19	2.74	13.97
Total Assets	2,901	2,892	2,805	2,711	2,349	992.72
Accounts Payable	371.85	370	255.2	182.28	121.63	122.85
Accrued Expenses	63.73	74.57	61.52	52.6	56.29	38.39
Short-Term Debt	-	-	-	163.51	-	-
Current Portion of Long-Term Debt	8.65	-	-	-	-	-
Current Portion of Leases	-	9.57	8.47	9.81	9.9	7.72
Current Income Taxes Payable	13.25	8.75	5.32	6.47	12.99	14.18
Current Unearned Revenue	36.04	37.4	36.02	28.29	25.66	32.52
Other Current Liabilities	11.42	6.74	6.03	27.28	8.09	8.95
Total Current Liabilities	504.93	507.03	372.57	470.24	234.57	224.6
Long-Term Debt	217.23	217.24	175.05	-	-	-
Long-Term Leases	13.68	15.49	7.15	13.73	15.77	15.88
Long-Term Unearned Revenue	0.26	0.28	0.36	0.53	7.99	8.28
Total Liabilities	736.1	740.03	555.13	484.5	258.34	248.76
Common Stock	209.54	209.54	150	150	83.33	62.5
Additional Paid-In Capital	1,364	1,363	1,423	1,416	1,476	263.55
Retained Earnings	621.49	609.89	640.24	611.42	531.75	418.68
Treasury Stock	-30.01	-30.01	-30.01	-	-	-
Comprehensive Income & Other	-0.71	-0.67	-0.6	-0.63	-0.79	-0.77
Total Common Equity	2,165	2,152	2,183	2,177	2,090	743.96
Minority Interest	-	-	66.93	49.79	-	-
Shareholders' Equity	2,165	2,152	2,250	2,227	2,090	743.96
Total Liabilities & Equity	2,901	2,892	2,805	2,711	2,349	992.72
Total Debt	239.56	242.3	190.68	187.04	25.68	23.59
Net Cash (Debt)	481.09	574.66	895.14	1,210	1,344	159.69
Net Cash Growth	-42.11%	-35.80%	-26.04%	-9.93%	741.46%	-48.36%
Net Cash Per Share	2.31	2.76	4.28	5.76	7.88	1.01
Filing Date Shares Outstanding	208.24	208.38	208.38	210	210	157.5
Total Common Shares Outstanding	208.24	208.38	208.38	210	210	157.5
Working Capital	895.08	937.03	1,218	1,366	1,565	324.83
Book Value Per Share	10.40	10.33	10.47	10.37	9.95	4.72
Tangible Book Value	2,065	2,051	2,078	2,098	2,075	725.91
Tangible Book Value Per Share	9.92	9.84	9.97	9.99	9.88	4.61
Buildings	-	642.83	492.98	329.52	125.55	29.73
Machinery	-	574.91	349.7	221.35	200.78	104.02
Construction In Progress	-	231.04	329.22	274.59	203.12	258.88

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