SHE:301525 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	2,133	2,119	2,279	2,477	500.61	406.36
Cash & Short-Term Investments	2,133	2,119	2,279	2,477	500.61	406.36
Cash Growth	-4.74%	-7.05%	-8.00%	394.84%	23.20%	-37.68%
Accounts Receivable	486.7	652.61	695.16	718.97	649.06	555.04
Other Receivables	92.7	77.7	57.88	42.35	26.34	6.95
Receivables	579.4	730.31	753.04	761.32	675.4	561.99
Inventory	304.53	269.59	342.49	349.05	390.24	324.5
Other Current Assets	88.04	13.37	7.3	8.72	9.67	7.13
Total Current Assets	3,105	3,132	3,382	3,596	1,576	1,300
Property, Plant & Equipment	642.26	649.26	467.5	241.49	139.38	91.79
Other Intangible Assets	98.44	73.8	72.42	74.41	71.27	3.16
Long-Term Deferred Tax Assets	31.85	26.87	26.44	27.39	29.37	23.83
Long-Term Deferred Charges	2.77	1.72	3.63	9.41	13.94	8.96
Other Long-Term Assets	0	24.16	5.66	2.44	3.65	2.82
Total Assets	3,880	3,908	3,958	3,951	1,834	1,431
Accounts Payable	555.53	557.53	676.63	786.33	901.63	720.77
Accrued Expenses	25.11	57.84	45.89	41.6	48.5	38.85
Current Portion of Long-Term Debt	-	-	-	-	14.1	14.12
Current Portion of Leases	5.53	5.52	10.95	11.57	11.62	11.97
Current Income Taxes Payable	6.93	3.37	5.74	5.88	8.15	8.11
Current Unearned Revenue	1.25	1.16	5.68	3.97	7.88	10.29
Other Current Liabilities	10.38	14.61	19.41	12.76	9.94	13.26
Total Current Liabilities	604.74	640.03	764.3	862.12	1,002	817.38
Long-Term Debt	-	-	-	-	58	72
Long-Term Leases	7	8.25	12.98	19.54	23.61	12.5
Long-Term Unearned Revenue	1.84	1.96	2.78	4.12	6.15	8.18
Other Long-Term Liabilities	10.13	9.8	8.63	8.34	9.61	5.17
Total Liabilities	623.72	660.04	788.69	894.12	1,099	915.23
Common Stock	94.31	94.31	94.31	94.31	70.72	70.72
Additional Paid-In Capital	2,358	2,358	2,363	2,358	263.02	262.52
Retained Earnings	805.26	794.79	711.79	604.84	388.46	177.13
Comprehensive Income & Other	-1.13	0.3	0	-	-	-
Total Common Equity	3,257	3,248	3,169	3,057	722.2	510.38
Minority Interest	-	-	-	-	12.14	4.94
Shareholders' Equity	3,257	3,248	3,169	3,057	734.34	515.32
Total Liabilities & Equity	3,880	3,908	3,958	3,951	1,834	1,431
Total Debt	12.54	13.77	23.93	31.11	107.32	110.59
Net Cash (Debt)	2,121	2,105	2,255	2,446	393.29	295.77
Net Cash Growth	-4.46%	-6.67%	-7.80%	521.96%	32.97%	-54.64%
Net Cash Per Share	22.43	22.32	23.86	31.09	5.56	4.18
Filing Date Shares Outstanding	94.31	94.31	94.31	94.31	70.72	70.72
Total Common Shares Outstanding	94.31	94.31	94.31	94.31	70.72	70.72
Working Capital	2,500	2,492	2,618	2,734	574.09	482.61
Book Value Per Share	34.53	34.43	33.60	32.42	10.21	7.22
Tangible Book Value	3,158	3,174	3,097	2,983	650.93	507.22
Tangible Book Value Per Share	33.49	33.65	32.83	31.63	9.20	7.17
Machinery	-	267.73	198.98	182.69	170.13	131.42
Construction In Progress	-	3.02	359.58	126.23	16.89	2.73