SHE:301550 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	1,138	1,077	1,130	1,214	371.22	220.05
Trading Asset Securities	50.03	137.27	277.18	95.18	-	2.85
Cash & Short-Term Investments	1,188	1,214	1,408	1,309	371.22	222.9
Cash Growth	-15.37%	-13.75%	7.51%	252.71%	66.54%	5.12%
Accounts Receivable	291.62	269.61	229.14	215.01	156.05	187.87
Other Receivables	1.93	1.14	1.46	0.95	12.68	1.23
Receivables	293.55	270.75	230.6	215.95	168.73	189.1
Inventory	227.3	235.34	229.91	188.57	178.79	229.33
Other Current Assets	7.64	7.49	9.22	5.01	9.03	14.84
Total Current Assets	1,717	1,728	1,877	1,719	727.78	656.17
Property, Plant & Equipment	347.04	340.9	235.59	193.2	166.6	163.28
Long-Term Investments	374.89	368.69	-	-	-	-
Other Intangible Assets	71.86	73.29	71.83	53.25	48.6	51.05
Long-Term Deferred Tax Assets	7.01	7.67	5.15	4.34	3.17	4.02
Long-Term Deferred Charges	0.17	0.18	0.03	0.93	1.38	2.71
Other Long-Term Assets	20.21	2.86	5.01	3.19	2.85	3.64
Total Assets	2,538	2,521	2,195	1,974	950.37	880.87
Accounts Payable	404.81	406.88	415.19	333.96	335.07	340.98
Accrued Expenses	11.44	19.92	22.15	20.49	19.79	19.71
Short-Term Debt	-	-	-	3	65.43	110.13
Current Portion of Long-Term Debt	12.91	12.93	-	-	-	-
Current Portion of Leases	-	-	0.5	0.56	0.95	2.03
Current Income Taxes Payable	10.09	12.36	10.74	10.18	1.93	4.91
Current Unearned Revenue	0.99	1.93	5.08	3.28	3.85	5.23
Other Current Liabilities	2.21	3.47	1.93	1.35	1.59	1.25
Total Current Liabilities	442.45	457.48	455.59	372.82	428.61	484.25
Long-Term Debt	223.56	223.56	-	-	-	-
Long-Term Leases	-	0.5	1.48	0.07	0.49	1.45
Long-Term Unearned Revenue	3.57	3.82	3.36	4.14	4.88	5.65
Total Liabilities	669.58	685.37	460.44	377.04	433.98	491.35
Common Stock	231.28	231.28	110	110	82.5	82.5
Additional Paid-In Capital	886.65	886.16	1,005	1,003	102.33	100.36
Retained Earnings	753.24	714.01	617.3	482.27	332.53	209.95
Comprehensive Income & Other	-3.15	4.2	1.84	1.1	-0.97	-3.29
Total Common Equity	1,868	1,836	1,735	1,597	516.39	389.52
Minority Interest	0.22	0.26	-	-	-	-
Shareholders' Equity	1,868	1,836	1,735	1,597	516.39	389.52
Total Liabilities & Equity	2,538	2,521	2,195	1,974	950.37	880.87
Total Debt	236.47	236.99	1.98	3.63	66.88	113.61
Net Cash (Debt)	951.69	977.09	1,406	1,306	304.35	109.29
Net Cash Growth	-32.12%	-30.49%	7.66%	329.03%	178.47%	74.05%
Net Cash Per Share	4.14	4.25	6.09	6.97	1.76	0.63
Filing Date Shares Outstanding	230.78	229.42	231.28	231.28	173.46	173.46
Total Common Shares Outstanding	230.78	229.42	231.28	231.28	173.46	173.46
Working Capital	1,274	1,270	1,422	1,346	299.16	171.92
Book Value Per Share	8.09	8.00	7.50	6.90	2.98	2.25
Tangible Book Value	1,796	1,762	1,663	1,544	467.79	338.47
Tangible Book Value Per Share	7.78	7.68	7.19	6.67	2.70	1.95
Buildings	-	-	168.32	140.28	121.56	120.17
Machinery	-	-	213.19	189.19	184.21	161.29
Construction In Progress	-	-	34.38	36.22	17.1	0.68

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