SHE:301575 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	224.65	129.3	136.16	91.5	103.52	77.92
Short-Term Investments	-	100.22	-	-	-	-
Trading Asset Securities	110.07	121.09	-	-	-	-
Cash & Short-Term Investments	334.72	350.61	136.16	91.5	103.52	77.92
Cash Growth	145.84%	157.50%	48.81%	-11.62%	32.87%	10.26%
Accounts Receivable	325.94	306.3	293.18	235.63	179.61	149.28
Other Receivables	19.16	20.58	10.15	9.28	7.91	11.77
Receivables	345.1	326.88	303.33	244.91	187.53	161.04
Inventory	337.64	314.79	206.46	183.47	201.77	188.19
Other Current Assets	142.79	34.97	48.62	20.3	44.59	15.4
Total Current Assets	1,160	1,027	694.57	540.17	537.41	442.55
Property, Plant & Equipment	652.94	634.59	574.86	526.88	454.8	286.92
Other Intangible Assets	32.02	32.29	33.41	33.86	37.05	33.42
Long-Term Deferred Tax Assets	2.68	3.07	3.15	3.01	2.15	0.47
Long-Term Deferred Charges	5.32	3.7	1.54	1.48	0.17	0.36
Other Long-Term Assets	33.88	22.27	11.56	10.95	46.03	47.85
Total Assets	1,887	1,723	1,319	1,116	1,078	811.56
Accounts Payable	118.43	115.26	133.18	115.99	96.16	108.54
Accrued Expenses	15.1	29.67	30.49	27.03	28.34	24.61
Short-Term Debt	259.19	60.04	210.21	140.05	110.12	110.16
Current Portion of Long-Term Debt	0.55	2.04	20.14	20.18	20	10
Current Portion of Leases	-	0.45	2.08	2.28	0.05	1.71
Current Income Taxes Payable	5.99	4.48	9.25	15.97	1.24	1.77
Current Unearned Revenue	20.82	16.95	14.17	8.43	12.65	9.56
Other Current Liabilities	1.86	10.14	30.89	20.29	125.49	68.81
Total Current Liabilities	421.94	239.04	450.39	350.24	394.04	335.16
Long-Term Debt	-	48	92.3	102.3	172.66	74.11
Long-Term Leases	3.16	2.89	3.34	5.12	-	0.39
Long-Term Unearned Revenue	22.99	23.88	25.65	28.69	52.18	40.51
Long-Term Deferred Tax Liabilities	18.21	17.65	16.38	16.94	9.57	5.27
Total Liabilities	466.3	331.46	588.07	503.29	628.46	455.44
Common Stock	86.67	86.67	65	65	65	65
Additional Paid-In Capital	550.87	550.87	27.03	27.03	27.03	27.03
Retained Earnings	783.25	754.17	638.99	521.04	357.12	264.1
Shareholders' Equity	1,421	1,392	731.02	613.07	449.16	356.13
Total Liabilities & Equity	1,887	1,723	1,319	1,116	1,078	811.56
Total Debt	262.9	113.42	328.06	269.94	302.83	196.36
Net Cash (Debt)	71.82	237.18	-191.9	-178.44	-199.3	-118.44
Net Cash Per Share	0.95	3.38	-2.94	-2.74	-3.06	-1.83
Filing Date Shares Outstanding	86.67	86.67	65	65.04	65	65
Total Common Shares Outstanding	86.67	86.67	65	65.04	65	65
Working Capital	738.31	788.21	244.18	189.94	143.36	107.39
Book Value Per Share	16.39	16.06	11.25	9.43	6.91	5.48
Tangible Book Value	1,389	1,359	697.61	579.21	412.1	322.71
Tangible Book Value Per Share	16.02	15.68	10.73	8.90	6.34	4.96
Buildings	-	346.55	337.37	330.27	268.17	137.82
Machinery	-	306.61	273.17	241.08	233.07	162.79
Construction In Progress	-	130.65	70.01	17.65	50.93	85.85