SHE:301512 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	252.41	452.01	255.39	493.29	148	65.2
Trading Asset Securities	120.44	-	102.03	166.48	-	10.1
Cash & Short-Term Investments	372.85	452.01	357.42	659.77	148	75.3
Cash Growth	7.51%	26.47%	-45.83%	345.78%	96.55%	25.77%
Accounts Receivable	306.82	371.54	443.69	366.1	352.14	213.27
Other Receivables	1.05	0.82	2	1.18	2.45	5.32
Receivables	307.87	372.36	445.68	367.28	354.58	218.59
Inventory	363.83	226.77	147.63	160.4	105.84	117.47
Other Current Assets	18.39	7.4	7.9	2.69	11.06	7.58
Total Current Assets	1,063	1,059	958.63	1,190	619.48	418.95
Property, Plant & Equipment	276.32	287.92	292.7	154.91	91.71	96.5
Other Intangible Assets	10.08	10.9	16.24	15.05	15.52	10.91
Long-Term Deferred Tax Assets	30.22	16.62	13.02	8.68	6.98	5.14
Long-Term Deferred Charges	1.54	0.16	0.29	0.87	0.73	0.28
Other Long-Term Assets	40.79	30.59	8.85	5.63	12.46	3.23
Total Assets	1,422	1,405	1,290	1,375	746.88	535.01
Accounts Payable	207.44	167.08	107.73	211.54	110.24	30.59
Accrued Expenses	24.12	33.09	22.59	32.74	39.01	28.92
Short-Term Debt	30.02	50.03	44.47	-	20.02	-
Current Portion of Leases	-	-	0.48	1.09	1.65	2.36
Current Income Taxes Payable	1.56	0.24	0.7	2.89	8.41	9.07
Current Unearned Revenue	91.78	59	39.74	60.07	48.18	46.69
Other Current Liabilities	2.16	5.7	4.11	1.54	1.09	1.52
Total Current Liabilities	357.07	315.14	219.81	309.88	228.6	119.15
Long-Term Leases	-	-	-	0.43	-	1.65
Long-Term Unearned Revenue	9.76	9.76	8.56	6.46	2.26	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.01
Other Long-Term Liabilities	-	-	-	3.43	2.71	2.24
Total Liabilities	366.83	324.9	228.37	320.21	233.57	123.06
Common Stock	53.33	53.33	53.33	53.33	40	40
Additional Paid-In Capital	646.78	645.76	641.96	640.61	193.32	181
Retained Earnings	354.97	380.8	365.94	360.44	279.48	190.42
Comprehensive Income & Other	-0.02	-0.02	-	-	-	-
Total Common Equity	1,055	1,080	1,061	1,054	512.8	411.42
Minority Interest	0.01	-0.05	0.13	0.7	0.51	0.53
Shareholders' Equity	1,055	1,080	1,061	1,055	513.31	411.95
Total Liabilities & Equity	1,422	1,405	1,290	1,375	746.88	535.01
Total Debt	30.02	50.03	44.95	1.53	21.67	4.02
Net Cash (Debt)	342.83	401.98	312.46	658.24	126.33	71.28
Net Cash Growth	21.43%	28.65%	-52.53%	421.03%	77.23%	100.01%
Net Cash Per Share	6.38	7.50	5.84	14.47	3.16	1.78
Filing Date Shares Outstanding	53.33	53.33	53.33	53.33	40	40
Total Common Shares Outstanding	53.33	53.33	53.33	53.33	40	40
Working Capital	705.88	743.41	738.82	880.26	390.88	299.8
Book Value Per Share	19.78	20.25	19.90	19.77	12.82	10.29
Tangible Book Value	1,045	1,069	1,045	1,039	497.28	400.51
Tangible Book Value Per Share	19.59	20.04	19.59	19.49	12.43	10.01
Buildings	-	279.66	105.85	91.15	91.15	91.15
Machinery	-	55.32	42.62	39.51	35.67	32.28
Construction In Progress	-	0.05	199.84	67.56	2.27	0.48