SHE:301586 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	675.26	418.45	586.63	336.25	312.13	296.88
Trading Asset Securities	-	210.15	-	-	-	-
Cash & Short-Term Investments	675.26	628.61	586.63	336.25	312.13	296.88
Cash Growth	62.95%	7.16%	74.46%	7.73%	5.14%	100.31%
Accounts Receivable	295.69	420.32	366.11	202.26	222.24	97.32
Other Receivables	2.81	0.61	0.14	0.1	0.07	0.03
Receivables	298.5	420.93	366.26	202.36	222.31	97.35
Inventory	147.54	124.72	152.99	89.8	129.94	91.04
Other Current Assets	8.45	5.07	7.16	12.52	9.08	10.57
Total Current Assets	1,130	1,179	1,113	640.93	673.47	495.84
Property, Plant & Equipment	403.26	405.72	414.29	434.36	456.93	299.93
Long-Term Investments	5.2	5.2	5.2	5.2	5.2	5.2
Other Intangible Assets	34.89	35.55	32.24	31.16	32.6	27.4
Long-Term Deferred Tax Assets	9.26	9.74	8.31	7.23	7.45	1.22
Long-Term Deferred Charges	0.2	0.22	-	0.01	0.15	0.3
Other Long-Term Assets	0.5	0.54	2.25	2.37	1.66	59.72
Total Assets	1,583	1,636	1,575	1,121	1,177	889.61
Accounts Payable	233.25	281.44	236.63	149.36	222.86	147.38
Accrued Expenses	7.06	13.38	17.66	19.99	42.69	24.15
Short-Term Debt	0.01	0.01	2	1	40.04	57.18
Current Portion of Long-Term Debt	3.51	3.37	1	-	5.98	15.32
Current Portion of Leases	-	-	2.17	1.37	1.41	0.22
Current Income Taxes Payable	1.1	8.45	6.4	1.22	18.25	8.88
Current Unearned Revenue	-	-	-	-	-	0.14
Other Current Liabilities	4.07	2.9	24.97	1.57	36.3	0.84
Total Current Liabilities	249	309.55	290.83	174.51	367.54	254.12
Long-Term Debt	0.92	0.92	2.01	70.03	32.65	48
Long-Term Leases	0.63	0.82	2.51	3.28	4.47	0.23
Long-Term Unearned Revenue	35.75	32.9	29.54	30.64	29.74	-
Long-Term Deferred Tax Liabilities	-	-	-	1.42	1.8	-
Total Liabilities	286.65	344.18	324.89	279.89	436.2	302.34
Common Stock	82.98	82.98	82.98	62.23	62.23	62.23
Additional Paid-In Capital	648.72	648.72	648.72	337.8	337.8	337.8
Retained Earnings	557.06	553.31	512.59	435.42	332.91	182.66
Comprehensive Income & Other	7.64	7.11	6.14	5.93	8.32	4.57
Shareholders' Equity	1,296	1,292	1,250	841.37	741.26	587.27
Total Liabilities & Equity	1,583	1,636	1,575	1,121	1,177	889.61
Total Debt	5.07	5.11	9.69	75.68	84.56	120.95
Net Cash (Debt)	670.19	623.49	576.94	260.57	227.57	175.93
Net Cash Growth	64.91%	8.07%	121.41%	14.50%	29.35%	203.21%
Net Cash Per Share	8.07	7.51	8.33	4.19	3.66	3.23
Filing Date Shares Outstanding	82.96	83.36	82.98	62.23	62.23	62.23
Total Common Shares Outstanding	82.96	83.36	82.98	62.23	62.23	62.23
Working Capital	880.74	869.78	822.2	466.42	305.93	241.73
Book Value Per Share	15.63	15.50	15.07	13.52	11.91	9.44
Tangible Book Value	1,262	1,257	1,218	810.22	708.65	559.87
Tangible Book Value Per Share	15.21	15.07	14.68	13.02	11.39	9.00
Buildings	-	-	233.66	231.73	182.57	44.87
Machinery	-	-	288.97	238.71	214.76	122.54
Construction In Progress	9.38	-	29.01	58.87	111.99	166.48