SHE:301505 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	188.23	163.77	159.56	270.94	270.94	261.27
Short-Term Investments	-	-	-	168.38	-	-
Trading Asset Securities	368.62	387.77	439.23	230.15	-	-
Cash & Short-Term Investments	556.85	551.54	598.8	669.47	270.94	261.27
Cash Growth	4.37%	-7.89%	-10.56%	147.09%	3.70%	-6.26%
Accounts Receivable	216.5	248.37	289.08	302.23	247.13	197.15
Other Receivables	14.61	16.13	25.89	11.65	23.34	5.49
Receivables	231.11	264.5	314.98	313.88	270.47	202.64
Prepaid Expenses	-	0	0	0	0	0
Other Current Assets	22.23	70.42	15.41	9.31	7.27	9.43
Total Current Assets	810.19	886.46	929.18	992.66	548.69	473.34
Property, Plant & Equipment	89	79.16	272.37	189.86	136.97	95.99
Long-Term Investments	33.15	33.62	20.43	4.91	4.92	4.89
Goodwill	11.48	11.48	8.41	10.8	10.8	10.8
Other Intangible Assets	30.49	30.9	46.95	48.62	22.71	23.29
Long-Term Deferred Tax Assets	40.44	41.01	36.23	28.78	23.85	19.39
Long-Term Deferred Charges	3.04	2.82	3.49	3.87	7.75	6.69
Other Long-Term Assets	293.54	276.32	63.4	67.2	14.25	10.38
Total Assets	1,311	1,362	1,380	1,347	769.95	644.77
Accounts Payable	109.88	110.48	110.05	105.88	103.56	87.14
Accrued Expenses	33.85	69.51	70.99	67.99	62.22	54.42
Short-Term Debt	-	-	6.45	42.43	-	-
Current Portion of Long-Term Debt	23.32	18.46	-	-	-	-
Current Portion of Leases	-	7.06	6.11	5.32	6.39	7.37
Current Income Taxes Payable	23.05	5.51	9.03	14.26	11.31	12.46
Current Unearned Revenue	18.32	20.57	17.28	21.29	27.42	34.62
Other Current Liabilities	17.82	57.94	57.01	44.89	47.96	17.54
Total Current Liabilities	226.23	289.54	276.93	302.07	258.85	213.54
Long-Term Debt	93.54	84.83	93.1	31.02	37.5	7.26
Long-Term Leases	9.58	8.26	11.78	6.27	8.23	8
Long-Term Deferred Tax Liabilities	2.21	2.24	2.49	1.49	1.98	-
Total Liabilities	331.56	384.87	384.3	340.84	306.56	228.8
Common Stock	114.4	114.4	88	88	66	66
Additional Paid-In Capital	568.54	568.17	591.86	591.64	114.68	114.68
Retained Earnings	314.3	311.94	312.56	322.22	279.37	232.68
Treasury Stock	-21.95	-21.95	-	-	-	-
Total Common Equity	975.29	972.56	992.42	1,002	460.05	413.36
Minority Interest	4.47	4.34	3.76	3.99	3.34	2.62
Shareholders' Equity	979.76	976.9	996.18	1,006	463.39	415.97
Total Liabilities & Equity	1,311	1,362	1,380	1,347	769.95	644.77
Total Debt	126.44	118.61	117.44	85.05	52.12	22.63
Net Cash (Debt)	430.41	432.93	481.36	584.42	218.83	238.65
Net Cash Growth	5.64%	-10.06%	-17.64%	167.07%	-8.30%	-14.38%
Net Cash Per Share	3.61	3.72	4.14	5.98	2.56	2.78
Filing Date Shares Outstanding	113.32	113.32	114.57	114.57	85.92	85.71
Total Common Shares Outstanding	113.32	113.32	114.57	114.57	85.92	85.71
Working Capital	583.95	596.92	652.26	690.59	289.84	259.8
Book Value Per Share	8.61	8.58	8.66	8.74	5.35	4.82
Tangible Book Value	933.32	930.18	937.05	942.45	426.53	379.27
Tangible Book Value Per Share	8.24	8.21	8.18	8.23	4.96	4.42
Buildings	-	42.78	41.46	41.46	18.56	18.56
Machinery	-	20.86	21.59	19.29	18.51	18.01
Construction In Progress	-	27.42	216.62	140.96	105.67	61.35