SHE:301380 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	250.97	246.05	251.34	319.36	452.08	58.02
Short-Term Investments	-	-	-	46.4	21.9	-
Trading Asset Securities	49.58	24.02	35.83	192.65	165.07	7.78
Cash & Short-Term Investments	300.55	270.07	287.16	558.42	639.05	65.81
Cash Growth	10.99%	-5.95%	-48.58%	-12.62%	871.12%	-30.60%
Accounts Receivable	401.79	389.19	342.37	244.61	175.23	125.14
Other Receivables	13.73	9.84	23.86	14.29	4.92	3.72
Receivables	415.52	399.03	366.23	258.89	180.15	128.86
Inventory	0.31	0.43	0.43	0.62	0.74	-
Other Current Assets	187.74	172.37	184.13	124	92.33	101.61
Total Current Assets	904.12	841.9	837.95	941.93	912.28	296.27
Property, Plant & Equipment	124.76	128.49	87.12	6.73	3.24	5.04
Long-Term Investments	7.88	8.12	0.96	0.96	0.96	0.96
Goodwill	217.11	217.11	217.11	221.91	98.59	98.59
Other Intangible Assets	12.3	12.94	15.52	18.09	9.81	11.94
Long-Term Deferred Tax Assets	5.38	5.21	4.33	3.74	1.68	1.06
Long-Term Deferred Charges	0.03	0.2	0.29	0.31	0.27	0.54
Other Long-Term Assets	86.25	84.29	129.51	-	-	-
Total Assets	1,358	1,298	1,293	1,194	1,027	414.4
Accounts Payable	104.55	89.52	85.52	59.21	33.28	19.92
Accrued Expenses	3.62	8.07	19.98	14.57	12.94	5.97
Short-Term Debt	246.78	226.75	148.9	54.63	23	-
Current Portion of Long-Term Debt	74.38	72.66	-	-	-	-
Current Portion of Leases	-	-	3.66	1.44	1.92	1.88
Current Income Taxes Payable	26.07	25.04	14.86	11.12	3.16	7.45
Current Unearned Revenue	2.01	10.86	4.16	4.73	2.2	0.53
Other Current Liabilities	1.2	1.39	146.93	84.77	0.09	2.66
Total Current Liabilities	458.6	434.3	424	230.47	76.6	38.4
Long-Term Debt	122.73	96.99	68	-	-	-
Long-Term Leases	0.57	2.24	4.76	2.68	0.32	1.66
Long-Term Deferred Tax Liabilities	2.58	2.7	3.2	3.69	1.49	1.69
Other Long-Term Liabilities	17.89	17.89	67.25	79.3	-	-
Total Liabilities	602.37	554.12	567.2	316.14	78.4	41.76
Common Stock	101.39	101.39	69.93	69.93	68	51
Additional Paid-In Capital	268.57	268.57	-	-	533.96	33.88
Retained Earnings	385.49	374.17	355.62	329.11	296.57	248.97
Comprehensive Income & Other	-0	-0	300.03	434.23	-	-
Total Common Equity	755.45	744.13	725.58	833.27	898.53	333.85
Minority Interest	-	-	-	44.25	49.9	38.79
Shareholders' Equity	755.45	744.13	725.58	877.52	948.43	372.64
Total Liabilities & Equity	1,358	1,298	1,293	1,194	1,027	414.4
Total Debt	444.47	398.64	225.31	58.75	25.24	3.54
Net Cash (Debt)	-143.92	-128.57	61.85	499.67	613.82	62.27
Net Cash Growth	-	-	-87.62%	-18.60%	885.78%	-34.33%
Net Cash Per Share	-1.30	-1.26	0.61	5.02	7.83	0.84
Filing Date Shares Outstanding	102.89	101.48	101.39	101.39	98.6	73.95
Total Common Shares Outstanding	102.89	101.48	101.39	101.39	98.6	73.95
Working Capital	445.52	407.6	413.96	711.46	835.68	257.87
Book Value Per Share	7.34	7.33	7.16	8.22	9.11	4.51
Tangible Book Value	526.04	514.08	492.96	593.27	790.12	223.32
Tangible Book Value Per Share	5.11	5.07	4.86	5.85	8.01	3.02
Buildings	-	-	78.23	-	-	-
Machinery	-	-	6.85	6.27	4.37	3.74

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