SHE:301515 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	706.01	698.35	672.27	755.11	146.35	95.2
Trading Asset Securities	-	-	50.96	-	-	-
Cash & Short-Term Investments	706.01	698.35	723.23	755.11	146.35	95.2
Cash Growth	-5.31%	-3.44%	-4.22%	415.96%	53.73%	-18.86%
Accounts Receivable	692.58	779.19	771.89	735.06	597.46	455.6
Other Receivables	12.71	10.8	12.39	19.27	16.77	3.38
Receivables	705.29	789.98	784.29	754.33	614.23	458.98
Inventory	321.36	280.78	204.2	295.74	211.84	242.07
Prepaid Expenses	-	0.26	0.2	0.22	0.13	0.1
Other Current Assets	28.52	17.55	11.25	10.45	21.6	42.08
Total Current Assets	1,761	1,787	1,723	1,816	994.15	838.43
Property, Plant & Equipment	141.34	143.56	113.08	84.49	57.75	56.48
Long-Term Investments	13.31	13.31	5.48	5.62	6.17	10.21
Other Intangible Assets	21.89	22.16	23.17	24.26	47.25	48.39
Long-Term Accounts Receivable	-	36.19	29.03	26.66	27.65	26.28
Long-Term Deferred Tax Assets	53.1	55.06	44.67	36.36	27.09	19.87
Long-Term Deferred Charges	-	-	1.36	0.38	0.5	0.7
Other Long-Term Assets	43.44	7.3	7.04	3.1	2.8	2.96
Total Assets	2,034	2,064	1,947	1,997	1,163	1,003
Accounts Payable	233.16	252.04	180.49	225.45	185.69	123.64
Accrued Expenses	32.32	115.2	73.47	112.13	80.87	55.78
Short-Term Debt	204.64	198.1	145.61	109.11	73.08	73.94
Current Portion of Long-Term Debt	9.85	3.63	40.63	-	1.26	-
Current Portion of Leases	-	3.81	6.93	5.98	3.6	3.67
Current Income Taxes Payable	2.19	6.75	7.26	17.44	10.33	12.18
Current Unearned Revenue	227.26	175.55	140.35	130.88	160.49	164.13
Other Current Liabilities	11.28	12.64	21.35	27.36	53.37	54.09
Total Current Liabilities	720.71	767.71	616.1	628.34	568.68	487.43
Long-Term Debt	58.9	39.9	8.4	-	4.75	-
Long-Term Leases	1.08	2.56	5.91	8.51	6.47	6.8
Long-Term Unearned Revenue	12.66	12.85	13.62	11.95	12.77	13.32
Long-Term Deferred Tax Liabilities	0.9	0.9	1.83	2.34	1.57	0.03
Other Long-Term Liabilities	17.05	17.22	16.13	16.84	14.78	11.87
Total Liabilities	811.29	841.14	661.99	667.98	609.02	519.45
Common Stock	100	100	100	100	75	75
Additional Paid-In Capital	793.53	793.53	793.53	793.53	128.54	128.54
Retained Earnings	399.17	399.83	414	437.05	353.95	280.15
Treasury Stock	-73.14	-73.14	-23.78	-	-	-
Comprehensive Income & Other	5.65	4.65	1.25	-1.85	-3.16	0.18
Total Common Equity	1,225	1,225	1,285	1,329	554.33	483.87
Minority Interest	-2.26	-1.53	-	-	-	-
Shareholders' Equity	1,223	1,223	1,285	1,329	554.33	483.87
Total Liabilities & Equity	2,034	2,064	1,947	1,997	1,163	1,003
Total Debt	274.47	247.99	207.49	123.6	89.15	84.41
Net Cash (Debt)	431.54	450.36	515.74	631.51	57.2	10.79
Net Cash Growth	-5.46%	-12.68%	-18.33%	1004.08%	430.06%	-82.39%
Net Cash Per Share	4.49	4.66	5.20	7.39	0.76	0.14
Filing Date Shares Outstanding	96.04	96.04	96.16	99.24	75	75
Total Common Shares Outstanding	96.04	96.04	96.16	100	75	75
Working Capital	1,040	1,019	1,107	1,188	425.47	351
Book Value Per Share	12.76	12.75	13.36	13.29	7.39	6.45
Tangible Book Value	1,203	1,203	1,262	1,304	507.08	435.47
Tangible Book Value Per Share	12.53	12.52	13.12	13.04	6.76	5.81
Buildings	-	124.66	63.18	38.57	40.26	39.08
Machinery	-	67.49	58.4	50.85	49.27	48.43
Construction In Progress	-	4.56	34.18	30.01	4.64	1.15