SHE:301390 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	296.94	488.69	448.02	587.49	117.72	136.58
Trading Asset Securities	94.07	93.54	122.73	20.6	20.18	-
Cash & Short-Term Investments	391.01	582.23	570.75	608.09	137.9	136.58
Cash Growth	-4.57%	2.01%	-6.14%	340.96%	0.97%	0.13%
Accounts Receivable	343.41	359.68	422.11	363.67	343.77	256.41
Other Receivables	7.06	6.89	9.32	7.93	6.82	0.33
Receivables	350.47	366.57	431.43	371.6	350.59	256.74
Inventory	564.12	493.38	180.36	60.56	31.05	39.39
Other Current Assets	30.06	23.2	14.87	14.41	8.28	9.18
Total Current Assets	1,336	1,465	1,197	1,055	527.82	441.89
Property, Plant & Equipment	308.87	306.28	216.93	110.01	70.49	16.07
Long-Term Investments	8.09	8.12	8.14	5.94	-	-
Goodwill	9.87	9.87	1.67	1.67	1.67	1.67
Other Intangible Assets	13.86	13.86	14.31	14.71	14.91	15.41
Long-Term Deferred Tax Assets	16.31	15.25	11.83	10.2	8.34	6.2
Long-Term Deferred Charges	17.76	16.37	1.18	0.23	0.24	0.29
Other Long-Term Assets	4.28	4.37	13.73	1.99	0.31	-
Total Assets	1,715	1,839	1,465	1,199	623.79	481.53
Accounts Payable	282.13	428.51	293.73	151.48	114.01	81.41
Accrued Expenses	7.59	23.72	48.12	49.11	47.5	37.92
Current Portion of Long-Term Debt	0.91	2.17	-	-	0.01	-
Current Portion of Leases	-	-	1.8	4.26	2.37	3.04
Current Income Taxes Payable	20.07	28.23	7.17	9.96	13.28	13.26
Current Unearned Revenue	451.58	400.53	147.35	31.93	27.94	14.59
Other Current Liabilities	12.04	12.24	3.73	2.34	2.85	2.89
Total Current Liabilities	774.31	895.39	501.9	249.07	207.96	153.12
Long-Term Debt	-	-	-	-	10.2	-
Long-Term Leases	1.13	0.89	1.19	0.39	2.4	1.12
Long-Term Deferred Tax Liabilities	0.21	0.15	0.36	0.04	0.01	-
Total Liabilities	775.66	896.44	503.45	249.5	220.57	154.24
Common Stock	60	60	60	60	45	45
Additional Paid-In Capital	550.76	550.48	549.33	548.19	72.68	71.54
Retained Earnings	348.26	352.58	353.27	341.73	285.54	210.76
Treasury Stock	-20.01	-20.01	-0.85	-	-	-
Total Common Equity	939.02	943.05	961.76	949.92	403.22	327.3
Shareholders' Equity	939.02	943.05	961.76	949.92	403.22	327.3
Total Liabilities & Equity	1,715	1,839	1,465	1,199	623.79	481.53
Total Debt	2.04	3.06	2.99	4.64	14.99	4.16
Net Cash (Debt)	388.96	579.17	567.76	603.45	122.91	132.41
Net Cash Growth	-4.61%	2.01%	-5.92%	390.95%	-7.17%	1.24%
Net Cash Per Share	6.48	9.65	9.46	10.97	2.73	2.94
Filing Date Shares Outstanding	59.99	60.14	59.97	60	45	45
Total Common Shares Outstanding	59.99	60.14	59.97	60	45	45
Working Capital	561.34	569.99	695.52	805.59	319.86	288.78
Book Value Per Share	15.65	15.68	16.04	15.83	8.96	7.27
Tangible Book Value	915.29	919.33	945.77	933.54	386.63	310.22
Tangible Book Value Per Share	15.26	15.29	15.77	15.56	8.59	6.89
Buildings	-	-	2.62	3.68	3.68	3.68
Machinery	-	-	18.54	16.4	12.37	11.04
Construction In Progress	-	-	202.16	94.37	58.55	4.51

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