SHE:301528 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	171.15	269.37	568.36	184.69	194.31	178.03
Short-Term Investments	-	48.57	13	296.81	-	-
Trading Asset Securities	936.58	702.27	384.74	493.68	-	-
Cash & Short-Term Investments	1,108	1,020	966.09	975.17	194.31	178.03
Cash Growth	15.52%	5.60%	-0.93%	401.86%	9.14%	13.11%
Accounts Receivable	127.93	144.35	157.47	192.97	175.12	100.7
Other Receivables	3.91	3.04	12.15	1.28	0.89	0.94
Receivables	131.84	147.39	169.63	194.26	176.01	101.64
Inventory	41.81	29.09	32.65	34.53	27.97	27.28
Prepaid Expenses	-	0	-	-	0.28	-
Other Current Assets	7.51	3.99	3.54	3.9	6.34	4.51
Total Current Assets	1,289	1,201	1,172	1,208	404.92	311.46
Property, Plant & Equipment	97.24	68.3	18.24	15.09	12.3	12.38
Long-Term Investments	11.86	303.62	304.05	275.25	0.67	0.7
Other Intangible Assets	39.7	39	35.69	0.73	0.89	0.35
Long-Term Deferred Tax Assets	7.14	6.96	5.52	3.96	3.25	1.5
Other Long-Term Assets	177.06	3.5	8.44	6.03	5.63	0.14
Total Assets	1,622	1,622	1,544	1,509	427.65	326.53
Accounts Payable	20.59	20.23	11.51	15.55	14.07	7.46
Accrued Expenses	8.95	15.25	14.05	19.15	19.97	12.05
Current Portion of Leases	1.96	2.61	2.08	2.31	1.53	1.21
Current Income Taxes Payable	0.16	5.19	4.24	5.71	11.07	5.67
Current Unearned Revenue	16.32	7.8	6.54	2.1	1.54	4.45
Other Current Liabilities	3.11	2.84	0.82	0.27	0.36	0.37
Total Current Liabilities	51.1	53.92	39.25	45.09	48.54	31.2
Long-Term Leases	0.04	0.17	1.09	3.12	4.16	5.33
Long-Term Unearned Revenue	5	5.08	0.29	0.53	0.63	1.36
Total Liabilities	56.15	59.17	40.63	48.74	53.33	37.88
Common Stock	61.9	61.9	61.9	61.9	46.4	46.4
Additional Paid-In Capital	1,108	1,105	1,101	1,101	108.82	108.82
Retained Earnings	395.44	395.82	339.35	295.55	217.74	132.2
Comprehensive Income & Other	0.01	0.02	-	-	-	-
Total Common Equity	1,565	1,562	1,502	1,459	372.96	287.42
Minority Interest	0.37	0.45	0.73	1.49	1.36	1.22
Shareholders' Equity	1,566	1,563	1,503	1,460	374.32	288.65
Total Liabilities & Equity	1,622	1,622	1,544	1,509	427.65	326.53
Total Debt	2	2.78	3.17	5.43	5.69	6.53
Net Cash (Debt)	1,106	1,017	962.92	969.74	188.62	171.5
Net Cash Growth	15.63%	5.66%	-0.70%	414.11%	9.98%	8.96%
Net Cash Per Share	17.75	16.33	15.56	18.81	4.07	3.70
Filing Date Shares Outstanding	61.9	61.9	61.9	61.9	46.4	46.4
Total Common Shares Outstanding	61.9	61.9	61.9	61.9	46.4	46.4
Working Capital	1,238	1,147	1,133	1,163	356.37	280.26
Book Value Per Share	25.29	25.24	24.27	23.57	8.04	6.19
Tangible Book Value	1,526	1,523	1,467	1,458	372.07	287.07
Tangible Book Value Per Share	24.65	24.61	23.70	23.55	8.02	6.19
Machinery	-	43.67	29.4	21.84	16.95	14.83
Construction In Progress	-	40.45	0.41	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.