SHE:301578 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	280.95	283.12	279.58	622.25	74.18	42.52
Trading Asset Securities	61.09	81.79	140.24	50.84	-	0.45
Cash & Short-Term Investments	342.04	364.91	419.83	673.09	74.18	42.97
Cash Growth	-22.73%	-13.08%	-37.63%	807.36%	72.65%	-22.97%
Accounts Receivable	227.26	252.55	317.09	226.03	220.51	157.75
Other Receivables	3.05	7.93	0.9	0.82	0.23	0.28
Receivables	230.31	260.48	318	226.85	220.74	158.03
Inventory	140.1	111.08	79.23	52.2	43.95	66.46
Other Current Assets	28.4	25.76	15.29	14.36	13.94	18.18
Total Current Assets	740.86	762.23	832.34	966.49	352.81	285.63
Property, Plant & Equipment	527.92	536.3	545.76	294.89	125.22	46.54
Long-Term Investments	30.1	30.92	20	-	-	0.09
Other Intangible Assets	57.43	57.91	56.46	57.7	57.99	44.87
Long-Term Deferred Tax Assets	5.2	4.79	5.01	5.11	4.02	3.16
Long-Term Deferred Charges	16.84	14.54	4.17	0.95	2.18	3.2
Other Long-Term Assets	9.46	3.72	8.5	18.83	0.91	3.02
Total Assets	1,388	1,410	1,472	1,344	543.13	386.52
Accounts Payable	250.99	262.2	298.63	212.72	170.68	142.6
Accrued Expenses	16.74	16.28	23.85	22.71	19.19	16.77
Short-Term Debt	5	5	-	15.1	30.92	-
Current Portion of Long-Term Debt	14.94	15.15	-	-	-	-
Current Portion of Leases	-	-	0.82	1.09	3.83	5.66
Current Income Taxes Payable	1.06	0.35	2.81	3.03	2.4	2.69
Current Unearned Revenue	8.6	8.72	5.24	3.52	3.68	2.88
Other Current Liabilities	72.4	78.04	89.67	62.13	9.7	6.63
Total Current Liabilities	369.74	385.73	421.01	320.3	240.39	177.24
Long-Term Debt	85.65	89.41	112.7	101.7	-	-
Long-Term Leases	0.9	1.06	0.74	1.56	0.29	2.2
Long-Term Unearned Revenue	0.66	0.7	0.25	0.43	0.52	0.62
Long-Term Deferred Tax Liabilities	-	-	2.16	1.83	1.3	0.07
Total Liabilities	456.96	476.9	536.87	425.82	242.5	180.13
Common Stock	81.49	81.49	62.4	48	36	36
Additional Paid-In Capital	526.53	524.81	533.35	547.75	32.84	27.25
Retained Earnings	329.51	333.9	339.62	322.4	231.78	143.14
Treasury Stock	-6.46	-6.46	-	-	-	-
Comprehensive Income & Other	-0.22	-0.23	0.01	-	-	-
Total Common Equity	930.85	933.51	935.38	918.15	300.63	206.39
Shareholders' Equity	930.85	933.51	935.38	918.15	300.63	206.39
Total Liabilities & Equity	1,388	1,410	1,472	1,344	543.13	386.52
Total Debt	106.5	110.62	114.27	119.45	35.04	7.86
Net Cash (Debt)	235.55	254.29	305.56	553.64	39.14	35.11
Net Cash Growth	-27.78%	-16.78%	-44.81%	1314.37%	11.50%	-37.06%
Net Cash Per Share	2.71	3.09	3.78	9.12	0.64	0.58
Filing Date Shares Outstanding	81.52	81.35	81.12	81.12	60.84	60.84
Total Common Shares Outstanding	81.52	81.35	81.12	81.12	60.84	60.84
Working Capital	371.12	376.5	411.33	646.19	112.42	108.39
Book Value Per Share	11.42	11.48	11.53	11.32	4.94	3.39
Tangible Book Value	873.42	875.6	878.91	860.45	242.64	161.52
Tangible Book Value Per Share	10.71	10.76	10.83	10.61	3.99	2.65
Buildings	-	-	411.15	-	-	-
Machinery	-	-	184.94	104.94	88.95	69.88
Construction In Progress	-	-	9.32	234.85	71.36	0.66