SHE:301509 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	405.53	370.74	191.18	486.9	231.01	213.39
Short-Term Investments	-	213.2	768.65	-	-	-
Trading Asset Securities	700.63	713.06	224.25	70.62	104.75	-
Cash & Short-Term Investments	1,106	1,297	1,184	557.52	335.76	213.39
Cash Growth	135.00%	9.54%	112.38%	66.05%	57.34%	-20.59%
Accounts Receivable	177.52	152.13	112.89	148.92	100.65	109.16
Other Receivables	0.47	0.45	0.4	16.03	64.24	13.72
Receivables	177.98	152.58	113.28	164.95	164.89	122.88
Inventory	145.5	144.68	194.97	216.88	231.92	178.17
Prepaid Expenses	-	5.55	3.22	-	-	-
Other Current Assets	208.71	11.71	8.33	917.96	19.67	15.52
Total Current Assets	1,638	1,612	1,504	1,857	752.25	529.96
Property, Plant & Equipment	324.83	333.42	363.05	391.89	388.05	306.15
Long-Term Investments	-	308.35	326.08	-	-	-
Other Intangible Assets	45.16	45.51	47.13	48.55	49.82	48.85
Long-Term Deferred Tax Assets	15.4	17.01	18.68	8.8	9.2	5.35
Long-Term Deferred Charges	0.13	0.15	0.19	0.31	0.45	0.57
Other Long-Term Assets	315.53	3.8	4.38	3.77	10.23	6.63
Total Assets	2,339	2,320	2,263	2,311	1,210	897.51
Accounts Payable	45.97	42.53	38.83	45.02	82.26	54.98
Accrued Expenses	10.05	23.59	21.64	24.06	32.31	22.33
Short-Term Debt	-	-	-	5	24	30
Current Portion of Long-Term Debt	-	-	-	-	11.14	3.84
Current Portion of Leases	0.99	1.4	1.8	1.94	1.7	1.84
Current Income Taxes Payable	3.18	-	-	4.9	4.81	5.96
Current Unearned Revenue	8.32	10.85	8.8	11.24	14.3	9.38
Other Current Liabilities	30.38	14.95	21.51	28.7	93.53	16.61
Total Current Liabilities	98.89	93.33	92.57	120.87	264.06	144.94
Long-Term Debt	-	-	-	-	46.79	38.67
Long-Term Leases	2.02	1.82	2.96	4.71	4.43	1.12
Long-Term Unearned Revenue	6.93	7.33	9.01	6.8	7.88	3.77
Long-Term Deferred Tax Liabilities	9.02	10.22	10.03	7.26	8.02	5.13
Other Long-Term Liabilities	-	-	-	-	0.03	0.07
Total Liabilities	116.86	112.7	114.57	139.63	331.21	193.71
Common Stock	120.45	120.45	120.45	86.03	64.53	64.53
Additional Paid-In Capital	1,601	1,600	1,595	1,623	528.68	523.1
Retained Earnings	490.28	473.64	417.01	447.23	273.65	112.2
Comprehensive Income & Other	10.88	13.39	16.64	14.47	11.94	3.98
Shareholders' Equity	2,223	2,207	2,149	2,171	878.79	703.8
Total Liabilities & Equity	2,339	2,320	2,263	2,311	1,210	897.51
Total Debt	3.01	3.21	4.76	11.64	88.07	75.46
Net Cash (Debt)	1,103	1,294	1,179	545.88	247.69	137.93
Net Cash Growth	136.68%	9.71%	116.04%	120.39%	79.58%	-28.23%
Net Cash Per Share	9.21	10.74	9.77	5.44	2.74	1.54
Filing Date Shares Outstanding	120.45	120.45	120.45	120.45	90.34	90.34
Total Common Shares Outstanding	120.45	120.45	120.45	120.45	90.34	90.34
Working Capital	1,539	1,518	1,411	1,736	488.19	385.02
Book Value Per Share	18.45	18.32	17.84	18.02	9.73	7.79
Tangible Book Value	2,177	2,162	2,102	2,122	828.97	654.95
Tangible Book Value Per Share	18.08	17.95	17.45	17.62	9.18	7.25
Land	-	2.18	1.37	1.35	1.33	1.21
Buildings	-	140.71	126.92	110.78	106.25	74.34
Machinery	-	534.51	526.85	518.12	485.98	337.86
Construction In Progress	-	78.11	76.82	70.61	41.44	94.84