SHE:301556 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	409.58	443.43	501.28	436.15	314.58	281.82
Short-Term Investments	-	160.22	50.93	-	-	-
Trading Asset Securities	20	-	-	32.01	70.71	70.89
Cash & Short-Term Investments	429.58	603.65	552.21	468.16	385.29	352.71
Cash Growth	-2.86%	9.31%	17.95%	21.51%	9.24%	20.78%
Accounts Receivable	134.08	120.72	109.27	62.02	53.32	46.67
Other Receivables	8.23	7.11	6.8	8.89	11.17	13.82
Receivables	142.31	127.82	116.07	70.91	64.48	60.49
Inventory	58.37	57.64	51.88	46.91	57.18	50.72
Other Current Assets	162.89	15.18	17.69	13.95	14.22	5.96
Total Current Assets	793.16	804.3	737.85	599.93	521.18	469.89
Property, Plant & Equipment	182.31	184.79	174.34	163.01	124.75	77.66
Long-Term Investments	-	200.77	227.26	-	-	-
Goodwill	6.61	6.61	6.61	6.61	6.61	6.61
Other Intangible Assets	42.69	43.2	44.62	45.5	46.79	46.9
Long-Term Deferred Tax Assets	4.36	5.93	5.66	4.46	3.84	5.1
Long-Term Deferred Charges	-	-	-	6.96	5.54	1.51
Other Long-Term Assets	177.48	0.29	-	-	-	-
Total Assets	1,207	1,246	1,196	826.47	708.7	607.66
Accounts Payable	91.34	114	99.96	74.54	66.13	63.11
Accrued Expenses	13.65	33.23	36.18	34.54	36.73	33.17
Short-Term Debt	-	-	-	10	-	-
Current Portion of Leases	-	-	-	0.6	2.32	2.16
Current Income Taxes Payable	4.4	2.92	7.58	7.4	9.38	4.32
Current Unearned Revenue	85.75	91.67	82.61	85	105.2	116.83
Other Current Liabilities	8.89	9.14	10.5	11.02	3.97	3.81
Total Current Liabilities	204.03	250.96	236.83	223.1	223.73	223.4
Long-Term Leases	-	-	-	-	0.6	2.92
Long-Term Unearned Revenue	12.7	11.87	12.62	14.58	11.98	6.18
Long-Term Deferred Tax Liabilities	-	-	-	0.04	-	0.1
Other Long-Term Liabilities	-	-	2.63	1.76	0.92	0.71
Total Liabilities	216.73	262.83	252.08	239.48	237.24	233.32
Common Stock	85.28	85.28	85.28	63.96	63.96	63.96
Additional Paid-In Capital	373.02	372.34	369.87	157.37	156.85	152.42
Retained Earnings	531.59	525.47	489.12	365.66	250.65	157.96
Total Common Equity	989.89	983.08	944.27	586.98	471.45	374.34
Shareholders' Equity	989.89	983.08	944.27	586.98	471.45	374.34
Total Liabilities & Equity	1,207	1,246	1,196	826.47	708.7	607.66
Total Debt	-	-	-	10.6	2.92	5.09
Net Cash (Debt)	429.58	603.65	552.21	457.55	382.37	347.63
Net Cash Growth	-2.86%	9.31%	20.69%	19.66%	9.99%	19.04%
Net Cash Per Share	5.02	7.09	8.18	7.16	5.98	5.44
Filing Date Shares Outstanding	85.28	85.28	85.28	63.96	63.96	63.96
Total Common Shares Outstanding	85.28	85.28	85.28	63.96	63.96	63.96
Working Capital	589.13	553.34	501.02	376.83	297.44	246.49
Book Value Per Share	11.61	11.53	11.07	9.18	7.37	5.85
Tangible Book Value	940.59	933.27	893.03	534.88	418.05	320.83
Tangible Book Value Per Share	11.03	10.94	10.47	8.36	6.54	5.02
Buildings	-	189.44	50.84	51.3	17.03	16.88
Machinery	-	21.93	16.74	18.58	16.44	15.56
Construction In Progress	-	-	126.23	109.62	103.71	52.9