SHE:301583 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
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
Cash & Equivalents	-	353.5	379.72	205.37	24.76
Trading Asset Securities	-	50.14	-	-	-
Cash & Short-Term Investments	403.64	403.64	379.72	205.37	24.76
Cash Growth	1530.06%	6.30%	84.89%	729.37%	-
Accounts Receivable	-	399.42	315.63	168.71	126.87
Other Receivables	-	4.21	3.95	6.88	4.25
Receivables	-	403.63	319.58	175.59	131.12
Inventory	-	157.52	123.84	97.94	81.6
Other Current Assets	-	5.94	2.23	3.21	3.15
Total Current Assets	-	970.73	825.38	482.11	240.64
Property, Plant & Equipment	-	493.44	257.01	177.02	141.89
Other Intangible Assets	-	26.18	14.23	8.84	8.39
Long-Term Deferred Tax Assets	-	-	-	2.61	3.01
Long-Term Deferred Charges	-	0.04	-	-	-
Other Long-Term Assets	-	10.56	29.79	16.57	6.36
Total Assets	-	1,501	1,126	687.15	400.29
Accounts Payable	-	287.79	203.77	121.49	85.22
Accrued Expenses	-	16.56	24.65	13.94	9.83
Short-Term Debt	-	170.09	40.03	67.57	133.09
Current Portion of Long-Term Debt	-	17.3	-	-	-
Current Income Taxes Payable	-	8.99	5.5	-	-
Current Unearned Revenue	-	0.95	0.87	0.85	1.34
Other Current Liabilities	-	6.98	41.76	12.28	41.9
Total Current Liabilities	-	508.66	316.58	216.13	271.39
Long-Term Debt	-	79.15	25.98	40.05	42.07
Long-Term Leases	-	10.04	-	0.27	0.07
Long-Term Unearned Revenue	-	0.46	0.55	0.64	0.72
Long-Term Deferred Tax Liabilities	-	12.6	6.72	-	-
Other Long-Term Liabilities	-	-	0	-0	0.53
Total Liabilities	-	610.92	349.83	257.08	314.78
Common Stock	-	139.11	139.11	80.78	67.9
Additional Paid-In Capital	-	556.02	540.74	336.18	19.81
Retained Earnings	-	194.9	96.73	13.1	-2.2
Comprehensive Income & Other	-	-0	-0	0	-
Shareholders' Equity	890.02	890.02	776.57	430.07	85.51
Total Liabilities & Equity	-	1,501	1,126	687.15	400.29
Total Debt	276.58	276.58	66.01	107.89	175.23
Net Cash (Debt)	127.06	127.06	313.71	97.48	-150.47
Net Cash Growth	-	-59.50%	221.81%	-	-
Net Cash Per Share	0.69	0.69	2.41	1.27	-2.53
Filing Date Shares Outstanding	185.47	185.47	130.27	76.52	59.55
Total Common Shares Outstanding	185.47	185.47	130.27	76.52	59.55
Working Capital	-	462.07	508.8	265.98	-30.75
Book Value Per Share	4.80	4.80	5.96	5.62	1.44
Tangible Book Value	863.84	863.84	762.35	421.23	77.12
Tangible Book Value Per Share	4.66	4.66	5.85	5.50	1.29
Buildings	-	202.69	122.45	103.54	102.57
Machinery	-	235.07	153.66	91.42	48.52
Construction In Progress	-	122.8	35.43	3.68	0.37