SHE:301595 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	276.67	316.99	313.97	278.31	203.25	190.49
Trading Asset Securities	309.53	301.87	-	-	-	-
Cash & Short-Term Investments	586.2	618.86	313.97	278.31	203.25	190.49
Cash Growth	93.12%	97.11%	12.81%	36.93%	6.70%	63.92%
Accounts Receivable	133.32	64.44	47.43	40.32	31.37	29.83
Other Receivables	5.87	2.7	1.3	2.88	2.11	2.17
Receivables	139.18	67.14	48.73	43.19	33.48	32
Inventory	146.12	120.5	114.64	90.16	85.96	97.9
Prepaid Expenses	-	0.39	0.48	0	0.97	-
Other Current Assets	31.28	36.03	24.09	20.07	10.69	8.91
Total Current Assets	902.79	842.93	501.91	431.73	334.35	329.29
Property, Plant & Equipment	210.68	210.62	161.53	162.51	176.89	196.95
Other Intangible Assets	123.86	107.56	15.42	15.02	12.01	11.75
Long-Term Accounts Receivable	0.28	0.28	0.67	0.38	-	-
Long-Term Deferred Tax Assets	25.65	24.68	21.64	16.88	9.17	4.51
Long-Term Deferred Charges	5.92	4.36	3.59	3.72	2.94	-
Other Long-Term Assets	21.39	37.05	19.73	18.41	3.82	9.51
Total Assets	1,291	1,227	724.5	648.66	539.17	552.03
Accounts Payable	205.67	153.37	135.04	127.14	94.36	130.27
Accrued Expenses	11.58	29.56	35.5	41.92	29.85	23.67
Short-Term Debt	20	-	0	20.01	50.57	79.07
Current Portion of Long-Term Debt	13.42	11.51	-	-	-	-
Current Portion of Leases	-	2.41	7.55	6.19	6.28	6.51
Current Income Taxes Payable	7.23	3.33	9.11	10.3	3.83	2.67
Current Unearned Revenue	3.1	1.99	1.57	2.12	1.83	1.58
Other Current Liabilities	11.38	14.99	7.79	4.75	4.96	9.95
Total Current Liabilities	272.38	217.14	196.55	212.43	191.7	253.72
Long-Term Debt	96.99	102.69	-	-	-	-
Long-Term Leases	1.84	2.19	32.24	36.01	40.84	62.51
Long-Term Unearned Revenue	-	-	0.17	0.08	0.05	0.08
Long-Term Deferred Tax Liabilities	0.52	0.55	0.02	-	-	-
Other Long-Term Liabilities	-	-	0.51	-	-	-
Total Liabilities	371.73	322.57	229.5	248.51	232.58	316.31
Common Stock	108.28	108.28	81.21	81.21	81.21	81.21
Additional Paid-In Capital	503.41	500.38	151.94	144.74	136.16	124.9
Retained Earnings	303.31	292.36	257.98	170.34	85.39	25.82
Comprehensive Income & Other	0.01	0	-	-	-	-
Total Common Equity	915.01	901.03	491.14	396.3	302.76	231.93
Minority Interest	3.82	3.88	3.86	3.85	3.83	3.79
Shareholders' Equity	918.82	904.91	495	400.15	306.59	235.72
Total Liabilities & Equity	1,291	1,227	724.5	648.66	539.17	552.03
Total Debt	132.24	118.79	39.79	62.21	97.69	148.09
Net Cash (Debt)	453.95	500.07	274.18	216.1	105.56	42.4
Net Cash Growth	71.20%	82.39%	26.88%	104.73%	148.96%	52.39%
Net Cash Per Share	4.34	5.13	3.38	2.67	1.29	0.53
Filing Date Shares Outstanding	108.28	108.28	81.21	80.91	81.21	81.21
Total Common Shares Outstanding	108.28	108.28	81.21	80.91	81.21	81.21
Working Capital	630.4	625.8	305.35	219.31	142.66	75.57
Book Value Per Share	8.45	8.32	6.05	4.90	3.73	2.86
Tangible Book Value	791.14	793.46	475.71	381.28	290.75	220.17
Tangible Book Value Per Share	7.31	7.33	5.86	4.71	3.58	2.71
Buildings	-	200.87	117.96	117.96	116.27	114.16
Machinery	-	138.48	119.16	109.3	103.06	88.74
Construction In Progress	-	-	7.84	-	0.08	0.46