SHE:301458 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	911.39	753.95	338.36	330.74	341.55	103.4
Trading Asset Securities	-	170.9	-	-	-	-
Cash & Short-Term Investments	911.39	924.85	338.36	330.74	341.55	103.4
Cash Growth	-5.91%	173.33%	2.30%	-3.17%	230.32%	167.98%
Accounts Receivable	180.43	201.94	181.03	161.41	127.01	141.56
Other Receivables	5.78	0.12	0.64	0.15	21	3.34
Receivables	186.2	202.06	181.67	161.56	148.02	144.9
Inventory	101	98.67	81.3	78.64	90.78	103.75
Prepaid Expenses	-	0.78	0.39	0.99	-	0.31
Other Current Assets	48.11	44.02	97.72	34.83	18.46	8.74
Total Current Assets	1,247	1,270	699.44	606.77	598.81	361.1
Property, Plant & Equipment	563.49	562.49	483.26	392.97	245.94	242.13
Long-Term Investments	44.2	36.72	15.13	15.53	23.87	-
Goodwill	82.82	84.15	-	-	-	-
Other Intangible Assets	46.55	47.2	25.6	26.23	25.98	6.62
Long-Term Deferred Tax Assets	22.06	21.52	11.1	8.15	4.29	4.46
Long-Term Deferred Charges	23.02	24.06	16.82	13.16	12.9	9.21
Other Long-Term Assets	3.3	3.43	3.6	3.05	6.37	6.95
Total Assets	2,032	2,050	1,255	1,066	918.16	630.47
Accounts Payable	59.61	64.14	49.62	55.13	39.15	69.49
Accrued Expenses	14.65	56.18	45.54	29.47	39.33	32.28
Short-Term Debt	-	12.29	-	-	-	27.11
Current Portion of Long-Term Debt	18.91	8.2	0.35	0.39	0.25	2.17
Current Portion of Leases	-	9.2	10.79	9.62	-	-
Current Income Taxes Payable	19.9	13.09	6.39	5.35	10.56	4.6
Current Unearned Revenue	0.38	0.52	0.53	0.68	0.21	0.77
Other Current Liabilities	58.09	53.44	95.79	47.11	37.06	64.14
Total Current Liabilities	171.53	217.04	209.04	147.75	126.55	200.55
Long-Term Debt	73.22	77.59	1.44	1.92	2.37	3.31
Long-Term Leases	64.7	66.34	68.57	55.61	28.77	33.95
Long-Term Unearned Revenue	10.25	10.78	12.93	15.09	-	-
Pension & Post-Retirement Benefits	3.04	3.3	-	-	-	-
Long-Term Deferred Tax Liabilities	8.6	8.9	-	-	0.01	0.29
Total Liabilities	331.34	383.95	291.97	220.37	157.71	238.11
Common Stock	266.67	266.67	200	200	200	104.73
Additional Paid-In Capital	991.23	987.82	421.77	410.28	399.53	22.08
Retained Earnings	467.43	430.48	352.09	246.54	156.62	267.29
Comprehensive Income & Other	-24.52	-18.98	-10.89	-11.33	4.31	-2.06
Total Common Equity	1,701	1,666	962.97	845.49	760.46	392.04
Minority Interest	-	-	-	-	-	0.32
Shareholders' Equity	1,701	1,666	962.97	845.49	760.46	392.36
Total Liabilities & Equity	2,032	2,050	1,255	1,066	918.16	630.47
Total Debt	156.83	173.62	81.16	67.54	31.39	66.54
Net Cash (Debt)	754.56	751.24	257.2	263.2	310.17	36.86
Net Cash Growth	-15.11%	192.08%	-2.28%	-15.14%	741.38%	56.95%
Net Cash Per Share	2.88	2.86	1.29	1.32	1.58	0.24
Filing Date Shares Outstanding	266.67	266.67	200	200	200	156.17
Total Common Shares Outstanding	266.67	266.67	200	200	200	156.17
Working Capital	1,075	1,053	490.4	459.01	472.26	160.54
Book Value Per Share	6.38	6.25	4.81	4.23	3.80	2.51
Tangible Book Value	1,571	1,535	937.36	819.26	734.48	385.43
Tangible Book Value Per Share	5.89	5.75	4.69	4.10	3.67	2.47
Buildings	-	222.12	36.27	32.25	-	-
Machinery	-	369.32	334.47	317.12	-	-
Construction In Progress	-	111.62	210.68	126.41	-	-