SHE:301580 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	334.87	249.02	694.35	558.16	257.43	160.92
Short-Term Investments	-	-	13.88	-	-	-
Trading Asset Securities	1,079	1,213	801.39	249.87	480.32	370.8
Cash & Short-Term Investments	1,414	1,462	1,510	808.02	737.75	531.73
Cash Growth	-7.10%	-3.16%	86.83%	9.53%	38.75%	482.70%
Accounts Receivable	231.62	201.49	175.02	128.24	106.83	138.28
Other Receivables	3.31	3.14	11.01	11.05	7.96	7.35
Receivables	234.93	204.62	186.03	139.29	114.8	145.62
Inventory	144.13	141.75	163.2	103.25	106.98	126.16
Prepaid Expenses	-	-	-	8.62	6.93	1.44
Other Current Assets	216.65	218.52	50.48	45.47	27.37	11.88
Total Current Assets	2,010	2,027	1,909	1,105	993.83	816.84
Property, Plant & Equipment	223.77	212.39	160.3	121.3	105.04	84.29
Long-Term Investments	92.18	68.6	53.64	46.29	-	-
Goodwill	54.12	54.12	54.12	-	-	-
Other Intangible Assets	85.12	86.88	95.15	7.49	6.72	4.44
Long-Term Deferred Tax Assets	12.67	11.22	8.19	8.14	6.5	5.38
Long-Term Deferred Charges	1.72	2.36	2.21	2.17	2.47	0.51
Other Long-Term Assets	0.6	0.88	4.91	1.67	6.56	3.66
Total Assets	2,480	2,463	2,288	1,292	1,121	915.13
Accounts Payable	159.14	147.16	94.3	87.08	95.07	40.23
Accrued Expenses	20.75	36.77	41.81	43.37	36.43	28.68
Short-Term Debt	1.1	1.23	-	-	-	-
Current Portion of Long-Term Debt	3.88	3.93	-	-	-	-
Current Portion of Leases	-	-	2.29	0.44	1.3	1.26
Current Income Taxes Payable	8.39	11.22	7.24	7.91	3.9	-
Current Unearned Revenue	35.33	33	31.19	35.67	35.85	41.12
Other Current Liabilities	9.75	15.69	12.94	12.26	8.49	7.89
Total Current Liabilities	238.34	248.99	189.77	186.73	181.05	119.17
Long-Term Leases	7.07	7.42	4.75	0.96	2.26	2.82
Pension & Post-Retirement Benefits	-	-	0.97	-	-	-
Long-Term Deferred Tax Liabilities	18.05	20.22	21.49	7.55	4.46	0.47
Other Long-Term Liabilities	38.51	36.15	28.34	16.96	13.9	10.49
Total Liabilities	301.97	312.78	245.32	212.2	201.67	132.96
Common Stock	106.56	106.56	76.12	57.09	57.09	57.09
Additional Paid-In Capital	1,268	1,268	1,296	545.2	532.12	517.93
Retained Earnings	803.95	766.59	619.84	469.35	322.39	206.59
Comprehensive Income & Other	-8.93	-3.94	-2.99	-0.49	-0.24	-0.02
Total Common Equity	2,169	2,137	1,989	1,071	911.36	781.59
Minority Interest	8.67	13.34	54	8.38	8.09	0.59
Shareholders' Equity	2,178	2,150	2,043	1,080	919.45	782.17
Total Liabilities & Equity	2,480	2,463	2,288	1,292	1,121	915.13
Total Debt	12.05	12.58	7.04	1.4	3.56	4.08
Net Cash (Debt)	1,402	1,449	1,503	806.62	734.19	527.64
Net Cash Growth	-7.31%	-3.54%	86.28%	9.87%	39.15%	828.72%
Net Cash Per Share	13.15	13.59	16.12	10.08	9.19	7.08
Filing Date Shares Outstanding	106.56	107.31	106.56	79.92	79.86	74.5
Total Common Shares Outstanding	106.56	107.31	106.56	79.92	79.86	74.5
Working Capital	1,771	1,778	1,720	917.92	812.78	697.67
Book Value Per Share	20.36	19.91	18.66	13.40	11.41	10.49
Tangible Book Value	2,030	1,996	1,839	1,064	904.64	777.14
Tangible Book Value Per Share	19.05	18.60	17.26	13.31	11.33	10.43
Buildings	-	-	69.98	62.32	62.38	62.38
Machinery	-	-	145.21	100.79	71.15	41.67
Construction In Progress	-	-	-	-	-	0.52

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