SHE:301535 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	87.16	132.94	350.14	319.72	286.01	242.44
Short-Term Investments	-	293.99	-	-	-	-
Trading Asset Securities	144.54	120.28	-	-	-	-
Cash & Short-Term Investments	231.7	547.21	350.14	319.72	286.01	242.44
Cash Growth	-64.11%	56.28%	9.52%	11.78%	17.97%	-19.05%
Accounts Receivable	282.33	377.38	411	298.12	244.04	199.16
Other Receivables	0.56	3.63	3.5	5.82	5.04	18.93
Receivables	282.89	381.01	414.5	303.93	249.08	218.08
Inventory	134.97	141.15	112	112	86.78	100.89
Other Current Assets	345.74	3.35	8.61	9.6	8.38	3.6
Total Current Assets	995.3	1,073	885.25	745.25	630.79	568.82
Property, Plant & Equipment	328.78	334.82	319.72	336.43	286.31	190.79
Long-Term Investments	51.37	51.37	-	-	-	-
Other Intangible Assets	50.93	51.34	52.11	53.02	54.59	56.25
Long-Term Deferred Tax Assets	5.86	7.31	7.97	6.08	5.39	6.22
Long-Term Deferred Charges	0.3	0.34	0.42	0.96	1.36	2.12
Other Long-Term Assets	7.28	7.77	9.44	7.86	13.15	7.12
Total Assets	1,440	1,526	1,275	1,150	991.59	831.32
Accounts Payable	186.82	219.92	167.29	168.42	165.47	130.13
Accrued Expenses	13.61	21.67	20.98	13.32	20.01	13.63
Short-Term Debt	56.25	87.82	127.09	110.04	17.3	30.84
Current Portion of Long-Term Debt	-	-	-	10.01	-	-
Current Portion of Leases	-	0.2	0.08	0.61	1.43	5.5
Current Income Taxes Payable	4.57	2.04	9.66	8.34	5.56	0.04
Current Unearned Revenue	4.62	4.52	1.14	1.71	1.33	1.35
Other Current Liabilities	1.25	44.44	18.79	1.43	0.97	0.94
Total Current Liabilities	267.13	380.6	345.03	313.88	212.07	182.42
Long-Term Debt	-	-	62.36	60.06	89.73	35.04
Long-Term Leases	-	-	-	0.06	1.46	2.92
Long-Term Unearned Revenue	6.56	6.9	8.18	8.99	6.66	7.7
Long-Term Deferred Tax Liabilities	1.81	1.17	0.06	0.28	0.66	1.58
Other Long-Term Liabilities	-	-	-	16.62	16.04	15.46
Total Liabilities	275.5	388.67	415.62	399.88	326.62	245.12
Common Stock	425.29	425.29	361.5	361.5	361.5	361.5
Additional Paid-In Capital	372.83	372.83	171.75	169.5	-	-
Retained Earnings	360.78	333.47	326.05	218.72	136.08	59.26
Comprehensive Income & Other	5.42	5.41	-	-	167.39	165.45
Total Common Equity	1,164	1,137	859.3	749.71	664.97	586.2
Shareholders' Equity	1,164	1,137	859.3	749.71	664.97	586.2
Total Liabilities & Equity	1,440	1,526	1,275	1,150	991.59	831.32
Total Debt	56.25	88.01	189.52	180.78	109.91	74.29
Net Cash (Debt)	175.44	459.19	160.62	138.94	176.1	168.15
Net Cash Growth	-61.67%	185.89%	15.60%	-21.10%	4.73%	-22.20%
Net Cash Per Share	0.40	1.10	0.45	0.39	0.48	0.46
Filing Date Shares Outstanding	425.29	425.29	425.29	361.5	365.81	361.5
Total Common Shares Outstanding	425.29	425.29	361.5	361.5	365.81	361.5
Working Capital	728.17	692.13	540.23	431.37	418.72	386.4
Book Value Per Share	2.74	2.67	2.38	2.07	1.82	1.62
Tangible Book Value	1,113	1,086	807.19	696.69	610.38	529.96
Tangible Book Value Per Share	2.62	2.55	2.23	1.93	1.67	1.47
Buildings	-	229.45	232.5	230.14	32.17	32.34
Machinery	-	198.92	176.3	170.55	150.67	143.06
Construction In Progress	-	28.81	3.14	1.27	151.61	41.81