SHE:301479 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	346.55	494.69	216.05	126.4	99.52	46.75
Trading Asset Securities	230.75	137.17	-	-	-	-
Cash & Short-Term Investments	577.3	631.86	216.05	126.4	99.52	46.75
Cash Growth	-24.99%	192.47%	70.93%	27.01%	112.89%	131.20%
Accounts Receivable	317.01	416.64	231.79	177.77	141.03	64.5
Other Receivables	3.32	4.15	3.49	2.2	0.81	3.25
Receivables	320.34	420.79	235.28	179.97	141.85	67.75
Inventory	279.64	298.05	202.9	125.04	92.19	67.94
Prepaid Expenses	-	-	-	-	1.76	1.1
Other Current Assets	77.41	72.51	41.62	26.21	20.85	11.07
Total Current Assets	1,255	1,423	695.85	457.63	356.16	194.6
Property, Plant & Equipment	508.14	493.38	322.77	248.07	202.4	73.5
Other Intangible Assets	63.6	64.43	13.21	14.81	10.51	1.31
Long-Term Deferred Tax Assets	9.91	11.72	7.37	7.04	7.91	2.79
Long-Term Deferred Charges	18.78	19.62	18.81	12.26	8.4	2.53
Other Long-Term Assets	72.16	22.5	10.34	12.88	7.55	9.37
Total Assets	1,927	2,035	1,068	752.69	592.93	284.1
Accounts Payable	347.51	519.01	270.4	144.64	173.18	61.04
Accrued Expenses	21.45	30.21	40.56	26.29	11.65	8.08
Short-Term Debt	178.08	121.03	117.9	74.89	44.28	30.8
Current Portion of Long-Term Debt	22.05	3.36	0.2	11.9	11.64	6.56
Current Portion of Leases	-	-	2.99	3.4	2.23	2.05
Current Income Taxes Payable	5.54	14.53	4.93	2.86	-	0
Current Unearned Revenue	0.15	0.57	0.52	0.97	0.26	0.97
Other Current Liabilities	17.46	16.79	19.97	25.92	1.8	3.69
Total Current Liabilities	592.24	705.5	457.48	290.86	245.05	113.19
Long-Term Debt	-	19.7	9.7	24.62	27.2	13.8
Long-Term Leases	1.47	1.56	1.36	4.36	5.88	7.88
Long-Term Unearned Revenue	21.91	21.93	5.57	3.86	3.65	4.19
Long-Term Deferred Tax Liabilities	3.67	3.92	4.22	5.16	4.56	-
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	619.3	752.61	478.33	328.86	286.33	139.07
Common Stock	88.97	88.97	47.66	47.66	47.66	42.48
Additional Paid-In Capital	713.55	713.3	159.87	158.91	158.1	58.18
Retained Earnings	505.48	479.97	382.48	217.26	100.83	44.38
Shareholders' Equity	1,308	1,282	590.01	423.83	306.59	145.03
Total Liabilities & Equity	1,927	2,035	1,068	752.69	592.93	284.1
Total Debt	201.6	145.65	132.16	119.16	91.24	61.09
Net Cash (Debt)	375.7	486.21	83.89	7.23	8.28	-14.35
Net Cash Growth	-36.83%	479.62%	1059.60%	-12.63%	-	-
Net Cash Per Share	4.21	5.72	1.26	0.11	0.13	-0.26
Filing Date Shares Outstanding	88.95	89.91	66.72	67.07	66.72	54.77
Total Common Shares Outstanding	88.95	89.91	66.72	67.07	66.72	54.77
Working Capital	662.44	717.7	238.37	166.77	111.11	81.4
Book Value Per Share	14.70	14.26	8.84	6.32	4.59	2.65
Tangible Book Value	1,244	1,218	576.8	409.01	296.08	143.72
Tangible Book Value Per Share	13.99	13.55	8.64	6.10	4.44	2.62
Buildings	-	-	55.43	53.2	49.3	-
Machinery	-	-	358.36	246.36	183.35	88.53
Construction In Progress	-	-	0.61	2.05	0.6	0.84

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