SHE:301418 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	111.53	121.81	69.93	712.96	307.76	199.18
Short-Term Investments	-	-	65.57	-	-	-
Trading Asset Securities	662.33	739.63	1,008	640.97	90	90
Cash & Short-Term Investments	773.86	861.45	1,143	1,354	397.76	289.18
Cash Growth	-25.65%	-24.64%	-15.57%	240.39%	37.55%	71.69%
Accounts Receivable	151.91	125.58	96.65	184.83	211.74	215.26
Other Receivables	0.45	0.51	2.44	3.58	3.78	3.14
Receivables	152.36	126.09	99.09	188.41	215.53	218.39
Inventory	144.31	139.28	68.94	70.2	90.83	57.99
Other Current Assets	295.26	249.9	8.91	7.04	3.89	8.7
Total Current Assets	1,366	1,377	1,320	1,620	708.02	574.27
Property, Plant & Equipment	297.4	228.2	68.27	62.73	65.12	70.42
Goodwill	-	-	0.14	0.14	0.14	0.14
Other Intangible Assets	37.24	37.5	37.73	9.1	9.47	9.78
Long-Term Deferred Tax Assets	13.26	13.05	11.03	6.02	5.97	5.62
Other Long-Term Assets	140.36	205.37	253.85	0.07	0.01	-
Total Assets	1,854	1,861	1,691	1,698	788.72	660.22
Accounts Payable	208.97	222.15	41.91	61.9	73.25	62.85
Accrued Expenses	5.51	11.67	12.26	14.35	18.75	13.56
Current Portion of Long-Term Debt	0.05	0.05	-	-	-	-
Current Portion of Leases	-	-	0.1	0.11	0.06	0.06
Current Income Taxes Payable	4.5	2.05	4.14	2.19	10.24	5.24
Current Unearned Revenue	2.34	1.08	0.98	0.62	0.24	1.33
Other Current Liabilities	1.05	0.64	1.31	0.24	0.34	0.24
Total Current Liabilities	222.42	237.65	60.71	79.4	102.88	83.28
Long-Term Deferred Tax Liabilities	1.32	1.01	0.69	0.35	0.02	0.02
Other Long-Term Liabilities	4.65	5.86	10.05	16.12	15.38	12.57
Total Liabilities	228.39	244.52	71.45	95.87	118.29	95.87
Common Stock	73.33	73.33	73.33	73.33	55	55
Additional Paid-In Capital	848.08	848.08	848.08	848.08	18.46	18.46
Retained Earnings	705.99	697.5	692.56	680.36	596.97	490.89
Treasury Stock	-12.17	-12.17	-4	-	-	-
Total Common Equity	1,615	1,607	1,610	1,602	670.43	564.35
Minority Interest	10.43	9.56	9.61	-	-	-
Shareholders' Equity	1,626	1,616	1,620	1,602	670.43	564.35
Total Liabilities & Equity	1,854	1,861	1,691	1,698	788.72	660.22
Total Debt	0.05	0.05	0.1	0.11	0.06	0.06
Net Cash (Debt)	773.8	861.4	1,143	1,354	397.7	289.12
Net Cash Growth	-25.65%	-24.64%	-15.57%	240.41%	37.56%	71.65%
Net Cash Per Share	10.94	12.20	15.73	22.08	7.24	5.26
Filing Date Shares Outstanding	73.43	63.38	73.21	73.33	55	55
Total Common Shares Outstanding	73.43	63.38	73.21	73.33	55	55
Working Capital	1,143	1,139	1,259	1,540	605.13	490.99
Book Value Per Share	22.00	25.35	21.99	21.84	12.19	10.26
Tangible Book Value	1,578	1,569	1,572	1,593	660.83	554.44
Tangible Book Value Per Share	21.49	24.76	21.48	21.72	12.02	10.08
Buildings	-	-	73	73	73	73
Machinery	-	-	49.88	46.5	44.25	42.56
Construction In Progress	-	-	10.15	-	-	-

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