SHE:301398 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	226.42	213.04	219.31	551.86	637.49	67.64
Trading Asset Securities	300.89	455.28	225.45	-	1.01	6.85
Cash & Short-Term Investments	527.31	668.33	444.76	551.86	638.51	74.49
Cash Growth	26.83%	50.27%	-19.41%	-13.57%	757.14%	-9.74%
Accounts Receivable	243.15	245.81	215.28	178.59	138.17	70.12
Other Receivables	1.22	1.02	3.32	0.33	4.77	0.14
Receivables	244.37	246.83	218.6	178.91	142.94	70.26
Inventory	141.96	114.03	85.75	66.35	62.45	49.93
Other Current Assets	37.59	21.53	1.33	0.4	0.28	4.24
Total Current Assets	951.24	1,051	750.45	797.53	844.18	198.93
Property, Plant & Equipment	765.72	670.26	365.96	294.39	249.74	243.8
Other Intangible Assets	114.13	103.11	105.61	28.02	27.35	26.64
Long-Term Deferred Tax Assets	12.08	6.85	7.57	2.36	2.11	1.65
Other Long-Term Assets	135.58	35.39	22.18	20.68	9.05	13.84
Total Assets	1,979	1,866	1,252	1,143	1,132	484.86
Accounts Payable	331.52	219.41	75.41	56.5	45.66	47.23
Accrued Expenses	16.89	16.87	16.38	13.55	11.3	9.56
Short-Term Debt	40.03	20.01	-	-	46.64	54.26
Current Portion of Leases	-	-	-	-	0.03	0.09
Current Income Taxes Payable	1.11	4.87	8.28	3.48	3.23	0.8
Current Unearned Revenue	1.23	1.59	1.93	1.03	1.12	2.6
Other Current Liabilities	1	0.42	14.59	5.75	20.18	17.39
Total Current Liabilities	391.78	263.16	116.59	80.3	128.17	131.94
Long-Term Debt	432.87	428.74	-	-	-	-
Long-Term Leases	-	-	-	-	-	0.03
Long-Term Unearned Revenue	37.79	38.28	28.6	9.6	4.08	3.56
Long-Term Deferred Tax Liabilities	-	-	-	-	0.96	0.96
Total Liabilities	862.44	730.19	145.19	89.9	133.21	136.5
Common Stock	112	112	80	80	80	60
Additional Paid-In Capital	627.86	627.86	659.86	659.86	659.86	83.54
Retained Earnings	361.37	378.63	362.62	310.29	255.41	199.18
Comprehensive Income & Other	15.09	17.65	4.11	2.92	3.96	5.65
Shareholders' Equity	1,116	1,136	1,107	1,053	999.22	348.36
Total Liabilities & Equity	1,979	1,866	1,252	1,143	1,132	484.86
Total Debt	472.89	448.76	-	-	46.67	54.38
Net Cash (Debt)	54.42	219.57	444.76	551.86	591.84	20.11
Net Cash Growth	-86.91%	-50.63%	-19.41%	-6.75%	2842.69%	-75.63%
Net Cash Per Share	0.48	1.96	3.95	4.92	7.07	0.24
Filing Date Shares Outstanding	112.04	112.83	112	112	112	84
Total Common Shares Outstanding	112.04	112.83	112	112	112	84
Working Capital	559.46	787.55	633.85	717.22	716.01	66.99
Book Value Per Share	9.96	10.07	9.88	9.40	8.92	4.15
Tangible Book Value	1,002	1,033	1,001	1,025	971.87	321.72
Tangible Book Value Per Share	8.94	9.16	8.94	9.15	8.68	3.83
Buildings	-	-	121.21	119.41	119.33	119.92
Machinery	-	-	304.59	220.7	201.18	169.29
Construction In Progress	-	-	66.6	55.32	8.42	12.85

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