SHE:301518 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	404.62	389.82	385.57	370.62	114.89	156.7
Trading Asset Securities	-	-	185.25	573.93	-	-
Cash & Short-Term Investments	404.62	389.82	570.82	944.54	114.89	156.7
Cash Growth	-9.38%	-31.71%	-39.57%	722.16%	-26.69%	13.28%
Accounts Receivable	236.67	213.11	236.07	188.7	158.81	225.52
Other Receivables	0.09	1.82	0.05	0.03	0.02	0.03
Receivables	236.76	214.93	236.11	188.73	158.83	225.54
Inventory	219.41	171.55	118.71	151.27	99.44	85.87
Prepaid Expenses	-	0.49	-	-	6.7	2.55
Other Current Assets	202.4	163.16	25.27	26.36	15.99	10.22
Total Current Assets	1,063	939.96	950.91	1,311	395.85	480.89
Property, Plant & Equipment	2,279	1,936	541.72	370.92	242.73	273.9
Long-Term Investments	-	0.02	-	-	-	-
Other Intangible Assets	141.76	143.18	146.45	40.22	42.95	23.23
Long-Term Deferred Tax Assets	15.25	12.16	7.08	3.52	3.36	6.87
Other Long-Term Assets	14.09	7.73	106.84	3.17	13.61	0.23
Total Assets	3,514	3,039	1,753	1,729	698.51	785.12
Accounts Payable	684.96	823.56	185.48	136.9	55.54	51.18
Accrued Expenses	6.72	23.26	11.86	24.04	21.63	40.5
Short-Term Debt	120.12	41.3	40.53	27.03	41.2	202.61
Current Portion of Long-Term Debt	8	5.49	-	5.45	1.31	-
Current Portion of Leases	-	0.73	1.09	0.48	0.46	0.08
Current Income Taxes Payable	4	4.85	4.95	6.4	0	6.59
Current Unearned Revenue	55.99	26.9	23.93	32.1	19.96	10.61
Other Current Liabilities	51.46	35.98	36.8	26.95	24.18	47.8
Total Current Liabilities	931.25	962.06	304.63	259.35	164.29	359.38
Long-Term Debt	890.99	551.99	-	-	16.33	-
Long-Term Leases	-	-	0.73	0.08	0.56	-
Long-Term Unearned Revenue	13.78	14.22	15.99	11.98	13.15	12.2
Long-Term Deferred Tax Liabilities	-	0.02	0.05	-	-	-
Other Long-Term Liabilities	15.28	15.45	11.54	11.3	-	-
Total Liabilities	1,851	1,544	332.95	282.71	194.33	371.59
Common Stock	145.47	140.18	140.18	140.18	105.13	105.13
Additional Paid-In Capital	988.74	839.68	835.09	834.04	42.99	41.94
Retained Earnings	546.22	533.6	459.62	471.55	355.48	266.09
Treasury Stock	-18.21	-18.21	-15.02	-	-	-
Comprehensive Income & Other	0.92	-	0	-	0.37	-
Total Common Equity	1,663	1,495	1,420	1,446	503.96	413.16
Minority Interest	-	-	0.18	0.25	0.21	0.37
Shareholders' Equity	1,663	1,495	1,420	1,446	504.18	413.53
Total Liabilities & Equity	3,514	3,039	1,753	1,729	698.51	785.12
Total Debt	1,019	599.51	42.36	33.04	59.87	202.7
Net Cash (Debt)	-614.49	-209.69	528.46	911.5	55.02	-45.99
Net Cash Growth	-	-	-42.02%	1556.72%	-	-
Net Cash Per Share	-4.39	-1.49	3.73	7.62	0.52	-0.44
Filing Date Shares Outstanding	144.43	139.14	139.33	140.18	105.13	105.13
Total Common Shares Outstanding	144.43	139.14	139.33	140.18	105.13	105.13
Working Capital	131.94	-22.09	646.27	1,052	231.56	121.5
Book Value Per Share	11.52	10.75	10.19	10.31	4.79	3.93
Tangible Book Value	1,521	1,352	1,273	1,406	461.01	389.94
Tangible Book Value Per Share	10.53	9.72	9.14	10.03	4.39	3.71
Buildings	-	252.17	178.07	176.08	143.43	142.63
Machinery	-	570.16	561.44	549.69	424.97	420.9
Construction In Progress	-	1,561	205.14	7.38	4.78	0.96