SHE:301459 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	289.12	314.23	340.04	630.99	142.7	99.02
Trading Asset Securities	1.37	-	305.53	125.12	-	1.78
Cash & Short-Term Investments	290.48	314.23	645.57	756.11	142.7	100.79
Cash Growth	-47.65%	-51.33%	-14.62%	429.87%	41.58%	39.97%
Accounts Receivable	350.67	326.25	300.81	225.58	177.11	168.89
Other Receivables	4.11	0.81	10.01	0.14	0.72	0.04
Receivables	354.78	327.06	310.82	225.72	177.83	168.92
Inventory	293.86	287.63	219.84	179.43	170.13	135
Other Current Assets	191.12	210.66	53.14	17.12	9.41	2.88
Total Current Assets	1,130	1,140	1,229	1,178	500.07	407.61
Property, Plant & Equipment	483.27	468.4	338.06	213.63	170.66	122.94
Long-Term Investments	63.64	64.67	103.27	60.9	-	-
Other Intangible Assets	194.47	143.17	28.33	28.96	28.75	27.82
Long-Term Deferred Tax Assets	-	-	-	-	4.68	3.36
Long-Term Deferred Charges	45.24	43.88	35.21	28.37	19.49	14.43
Other Long-Term Assets	8.87	60.52	19.71	6.94	10.62	10.32
Total Assets	1,926	1,920	1,754	1,517	734.26	586.47
Accounts Payable	503.34	511.31	450.64	382.28	308.03	282.16
Accrued Expenses	18.43	26.12	26.44	20.47	14.53	14.42
Short-Term Debt	14.33	21.02	-	-	5.01	-
Current Income Taxes Payable	3.47	3.16	0.17	-	-	3.63
Current Unearned Revenue	17.33	19.66	17.61	17.65	16.65	11.87
Other Current Liabilities	19.86	12.16	14.82	6.95	6.81	7.68
Total Current Liabilities	576.76	593.43	509.68	427.34	351.02	319.77
Long-Term Debt	-	-	-	4.9	-	-
Long-Term Leases	26.17	28.59	10.74	-	-	-
Long-Term Unearned Revenue	16.28	16.56	12.37	11.36	8.64	1.91
Long-Term Deferred Tax Liabilities	27.29	26.3	21.84	8.01	7.35	-
Other Long-Term Liabilities	3.2	-	-	-	3.67	3.47
Total Liabilities	649.7	664.88	554.63	451.61	370.69	325.14
Common Stock	104.12	104.12	80	80	60	60
Additional Paid-In Capital	639.27	639.27	661.47	657.45	113.63	113.63
Retained Earnings	530.39	509.38	457.85	328.13	189.94	87.7
Total Common Equity	1,274	1,253	1,199	1,066	363.58	261.33
Minority Interest	2.25	2.56	-	-	-	-
Shareholders' Equity	1,276	1,255	1,199	1,066	363.58	261.33
Total Liabilities & Equity	1,926	1,920	1,754	1,517	734.26	586.47
Total Debt	40.5	49.61	10.74	4.9	5.01	-
Net Cash (Debt)	249.99	264.62	634.83	751.21	137.69	100.79
Net Cash Growth	-54.17%	-58.32%	-15.49%	445.56%	36.61%	623.36%
Net Cash Per Share	2.40	2.54	6.10	9.45	1.77	1.30
Filing Date Shares Outstanding	104.14	105.5	104	104	78	77.8
Total Common Shares Outstanding	104.14	105.5	104	104	78	77.8
Working Capital	553.48	546.14	719.68	751.04	149.05	87.84
Book Value Per Share	12.23	11.87	11.53	10.25	4.66	3.36
Tangible Book Value	1,079	1,110	1,171	1,037	334.83	233.51
Tangible Book Value Per Share	10.36	10.52	11.26	9.97	4.29	3.00
Buildings	-	-	98.55	46.46	46.46	-
Machinery	-	-	335.12	220.64	177.71	-
Construction In Progress	-	-	21.22	54.04	39.79	-

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