SHE:301373 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	284.85	283.68	341.8	459.29	269.32	281.6
Short-Term Investments	-	124.1	71.48	-	60	20
Trading Asset Securities	88.12	101.2	250.17	265.77	-	-
Cash & Short-Term Investments	372.97	508.98	663.45	725.06	329.32	301.6
Cash Growth	-38.76%	-23.28%	-8.50%	120.17%	9.19%	52.02%
Accounts Receivable	195.63	162.79	140.65	127.42	107.74	109.91
Other Receivables	4.06	3.06	4.15	3.22	1.75	1.32
Receivables	199.7	165.86	144.8	130.64	109.48	111.23
Inventory	41.65	47.66	39.48	32.94	44.25	36.17
Other Current Assets	441.62	355.74	297	279.54	11.26	3.69
Total Current Assets	1,056	1,078	1,145	1,168	494.31	452.69
Property, Plant & Equipment	475.51	476.72	410.31	301.07	110.23	74.58
Long-Term Investments	215.24	224.12	149.32	145.45	65	30
Goodwill	44.23	0.36	0.36	0.36	-	-
Other Intangible Assets	50.44	49.66	41.32	38.48	39.36	39.75
Long-Term Deferred Tax Assets	4.32	4.01	2.15	1.6	1.38	1.67
Long-Term Deferred Charges	1.47	0.61	0.83	1.03	0.38	5.36
Other Long-Term Assets	11.34	39	13.55	32.66	10.63	2.05
Total Assets	1,858	1,873	1,763	1,689	721.29	606.11
Accounts Payable	104.58	118.31	107.29	89.2	54.2	39.58
Accrued Expenses	4.96	13.2	13.32	12.9	19.12	18.34
Short-Term Debt	-	40	-	50	2.91	-
Current Portion of Leases	-	4.06	3.57	3.46	1.96	1.47
Current Income Taxes Payable	12.15	8.46	12.64	10.2	9.94	4.46
Current Unearned Revenue	2.34	3.27	3.5	2.72	4.01	3.12
Other Current Liabilities	1.86	0.83	0.72	0.65	0.89	0.88
Total Current Liabilities	130.03	188.13	141.03	169.14	93.03	67.84
Long-Term Leases	10.96	10.79	13.6	14.84	4.98	5.85
Long-Term Unearned Revenue	9.38	8.01	4.06	4.49	5.06	5.74
Long-Term Deferred Tax Liabilities	3.57	3.5	3.03	1.97	0.47	-
Total Liabilities	153.94	210.43	161.72	190.43	103.54	79.43
Common Stock	108.47	108.47	108.47	108.47	81.35	81.35
Additional Paid-In Capital	917.4	917.4	917.4	917.4	123.79	123.79
Retained Earnings	673.82	635.54	574.22	471.88	412.09	321.1
Total Common Equity	1,700	1,661	1,600	1,498	617.23	526.24
Minority Interest	4.86	0.89	0.76	0.64	0.52	0.44
Shareholders' Equity	1,705	1,662	1,601	1,498	617.75	526.68
Total Liabilities & Equity	1,858	1,873	1,763	1,689	721.29	606.11
Total Debt	15.1	54.84	17.16	68.29	9.85	7.32
Net Cash (Debt)	357.87	454.14	646.29	656.76	319.47	294.28
Net Cash Growth	-39.62%	-29.73%	-1.59%	105.58%	8.56%	48.34%
Net Cash Per Share	3.30	4.20	5.94	6.21	3.93	3.62
Filing Date Shares Outstanding	109.37	108.47	108.47	108.47	81.35	81.35
Total Common Shares Outstanding	109.37	108.47	108.47	108.47	81.35	81.35
Working Capital	925.9	890.12	1,004	999.04	401.28	384.85
Book Value Per Share	15.54	15.32	14.75	13.81	7.59	6.47
Tangible Book Value	1,605	1,611	1,558	1,459	577.87	486.49
Tangible Book Value Per Share	14.67	14.86	14.37	13.45	7.10	5.98
Buildings	-	170.4	147.42	43.7	42.88	42.44
Machinery	-	240.03	161.06	101.13	88.53	86.15
Construction In Progress	-	176.44	181.84	217.25	43.81	6.45

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.