SHE:301421 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	233.13	228.69	238.75	761.76	83.52	74.71
Trading Asset Securities	322.38	344.64	398.23	30.01	1	-
Cash & Short-Term Investments	555.52	573.32	636.98	791.76	84.52	74.71
Cash Growth	-6.52%	-9.99%	-19.55%	836.80%	13.13%	-3.20%
Accounts Receivable	133.73	140.98	126.48	107.75	100.71	76.64
Other Receivables	2.2	1.45	2.14	2.7	1.78	0.56
Receivables	135.93	142.43	128.62	110.45	102.49	77.19
Inventory	193.27	183	185.01	130.34	117.84	98.17
Prepaid Expenses	-	0.11	0.06	0.49	-	0.23
Other Current Assets	18.23	14.51	22.07	11.57	9.27	6.98
Total Current Assets	902.95	913.37	972.74	1,045	314.11	257.28
Property, Plant & Equipment	395.85	389.92	335.62	252.89	195.92	104.06
Long-Term Investments	14.8	14.84	11.77	1.9	1.89	1.79
Goodwill	-	-	-	-	1.55	1.55
Other Intangible Assets	36.93	37.28	38.27	39.75	41.17	22.62
Long-Term Deferred Tax Assets	13.91	14.02	7.33	6.09	5.19	4.37
Long-Term Deferred Charges	7.54	7.86	4.08	0.94	0.86	1.16
Other Long-Term Assets	16.43	9.73	16.9	21.07	11.49	13.28
Total Assets	1,388	1,387	1,387	1,367	572.19	406.11
Accounts Payable	99.21	108	145.69	110.62	91.61	44.17
Accrued Expenses	6.88	23.57	17.88	16.72	14.07	11.5
Short-Term Debt	0.03	0.24	0.21	11.26	33.28	0.15
Current Portion of Leases	1.21	1.31	0.86	1.45	1.06	1.19
Current Income Taxes Payable	5.5	4.82	5.37	3.87	7.07	2.81
Current Unearned Revenue	18.93	13.41	14.1	16.38	9.9	14.39
Other Current Liabilities	27.69	19.12	15.89	15.74	15.56	19.46
Total Current Liabilities	159.45	170.47	200	176.04	172.55	93.66
Long-Term Debt	15.65	12.65	-	-	22.42	-
Long-Term Leases	0.59	0.94	0.98	0.71	0.68	0.96
Long-Term Unearned Revenue	5.2	5.53	4.96	5.8	3.82	4.55
Long-Term Deferred Tax Liabilities	1.28	0.56	0.65	0.35	0.28	-
Total Liabilities	182.18	190.16	206.59	182.9	199.76	99.16
Common Stock	115.72	115.72	115.72	115.72	86.79	86.79
Additional Paid-In Capital	778.51	777.28	776.77	775.67	45.86	45.86
Retained Earnings	307.73	301.26	283.12	288.98	234.85	173.36
Comprehensive Income & Other	4.27	2.62	4.5	3.61	2.49	-2.2
Total Common Equity	1,206	1,197	1,180	1,184	369.99	303.8
Minority Interest	-	-	-	0.39	2.44	3.15
Shareholders' Equity	1,206	1,197	1,180	1,184	372.43	306.95
Total Liabilities & Equity	1,388	1,387	1,387	1,367	572.19	406.11
Total Debt	17.49	15.15	2.05	13.42	57.45	2.29
Net Cash (Debt)	538.03	558.18	634.93	778.35	27.07	72.42
Net Cash Growth	-7.30%	-12.09%	-18.43%	2775.14%	-62.62%	-6.14%
Net Cash Per Share	4.63	4.88	5.50	8.05	0.31	0.84
Filing Date Shares Outstanding	115.72	115.72	115.72	115.72	86.79	86.4
Total Common Shares Outstanding	115.72	115.72	115.72	115.72	86.79	86.4
Working Capital	743.5	742.9	772.74	868.58	141.56	163.62
Book Value Per Share	10.42	10.34	10.20	10.23	4.26	3.52
Tangible Book Value	1,169	1,160	1,142	1,144	327.27	279.63
Tangible Book Value Per Share	10.10	10.02	9.87	9.89	3.77	3.24
Buildings	-	168.43	168.81	164.85	57.82	37.3
Machinery	-	278.12	242.55	171.08	144.95	123.18
Construction In Progress	-	94.93	43.38	9.96	67.96	4.07