SHE:301551 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	1,685	1,318	1,193	1,778	1,407	1,232
Short-Term Investments	-	1.8	-	-	-	-
Trading Asset Securities	13.9	4.4	-	13.1	43.22	43.34
Cash & Short-Term Investments	1,699	1,324	1,193	1,792	1,450	1,276
Cash Growth	46.11%	10.98%	-33.42%	23.58%	13.65%	43.30%
Accounts Receivable	136.29	138.76	210.03	151.69	138.39	146.5
Other Receivables	1.08	0.21	0.07	0.27	-	-
Receivables	137.37	138.96	210.11	151.96	138.39	146.5
Inventory	0.73	0.62	0.64	0.6	1.78	2.19
Other Current Assets	32.72	10.02	46.21	14.51	11.64	42.2
Total Current Assets	1,870	1,473	1,450	1,959	1,602	1,467
Property, Plant & Equipment	61.11	64.5	83.65	71.21	65.49	46.39
Long-Term Investments	0.8	1,038	1,015	0.65	104.94	101.99
Other Intangible Assets	46.34	48.3	47.17	27.77	40.42	13.66
Long-Term Deferred Charges	2.81	3.68	7.04	9.34	0.22	-
Other Long-Term Assets	743.36	10.18	9.31	13.11	12.37	-
Total Assets	2,724	2,638	2,612	2,081	1,825	1,629
Accounts Payable	180.07	147.09	107.07	128.21	108.9	79.08
Accrued Expenses	13.56	24.4	20.22	34.62	54	58.5
Current Portion of Leases	0.8	0.44	1.12	2.59	0.79	2.3
Current Income Taxes Payable	1.61	-	-	-	-	-
Current Unearned Revenue	2.88	4.44	2.3	2.91	2.9	1.44
Other Current Liabilities	0.4	6.78	19.02	20.98	54.39	22.14
Total Current Liabilities	199.32	183.15	149.74	189.3	220.99	163.45
Long-Term Leases	0.99	0.15	0.14	2.01	0.79	1.5
Long-Term Unearned Revenue	2.08	2.33	1.33	2.33	-	0.37
Total Liabilities	202.4	185.63	151.21	193.64	221.78	165.32
Common Stock	400.01	400.01	400.01	360	360	360
Additional Paid-In Capital	977.76	977.76	977.76	667.68	667.68	667.68
Retained Earnings	1,144	1,075	1,083	859.41	575.53	435.6
Shareholders' Equity	2,522	2,453	2,461	1,887	1,603	1,463
Total Liabilities & Equity	2,724	2,638	2,612	2,081	1,825	1,629
Total Debt	1.79	0.59	1.27	4.6	1.58	3.8
Net Cash (Debt)	1,697	1,323	1,192	1,787	1,448	1,272
Net Cash Growth	46.07%	11.05%	-33.32%	23.40%	13.86%	42.88%
Net Cash Per Share	4.24	3.31	3.22	4.96	4.02	3.53
Filing Date Shares Outstanding	400.01	400.01	400.01	360	360	360
Total Common Shares Outstanding	400.01	400.01	400.01	360	360	360
Working Capital	1,671	1,290	1,300	1,769	1,381	1,303
Book Value Per Share	6.30	6.13	6.15	5.24	4.45	4.06
Tangible Book Value	2,476	2,404	2,414	1,859	1,563	1,450
Tangible Book Value Per Share	6.19	6.01	6.03	5.16	4.34	4.03
Buildings	-	48.25	48.25	45.32	42.74	42.74
Machinery	-	129.71	128.22	96.08	79.66	48.9

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