SHE:301599 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	221.75	25.62	19.76	98.17	181.42
Short-Term Investments	-	1,211	415.27	129.68	27.17
Trading Asset Securities	1,012	-	380.15	407	395.3
Cash & Short-Term Investments	1,234	1,236	815.19	634.85	603.88
Cash Growth	104.36%	51.67%	28.41%	5.13%	-
Accounts Receivable	737.02	716.81	676.41	492.67	414.35
Other Receivables	1.6	0.06	0.77	1.04	0.5
Receivables	738.61	716.86	677.17	493.71	414.85
Inventory	2,296	2,391	2,857	3,417	3,261
Other Current Assets	185.03	58.15	78.58	82.88	71.08
Total Current Assets	4,453	4,402	4,428	4,628	4,351
Property, Plant & Equipment	162.68	168.43	180.33	160.18	164.37
Long-Term Investments	-	-	67.37	50.22	-
Other Intangible Assets	63.75	65.53	70.49	75.02	79.49
Long-Term Deferred Tax Assets	38.63	36.84	33.96	28.49	19.96
Long-Term Deferred Charges	0.13	0.29	0.93	1.58	-
Other Long-Term Assets	56.52	57.03	22.84	1.67	-
Total Assets	4,775	4,730	4,804	4,946	4,614
Accounts Payable	815.01	778.9	463.01	637.67	701.86
Accrued Expenses	18.67	53.49	79.45	56.61	35.98
Current Portion of Leases	-	2.01	3.05	2.91	-
Current Income Taxes Payable	11.43	5.69	58.05	64.17	33.02
Current Unearned Revenue	2,242	2,245	2,814	2,923	2,747
Other Current Liabilities	116.27	144.08	120.11	166.61	156.02
Total Current Liabilities	3,206	3,229	3,538	3,851	3,674
Long-Term Leases	-	-	0.89	3.54	-
Long-Term Unearned Revenue	7.92	8.05	8.54	9.04	-
Long-Term Deferred Tax Liabilities	12.41	12.77	27.23	67.74	122.08
Total Liabilities	3,226	3,250	3,574	3,931	3,796
Common Stock	366.86	366.86	366.86	107.9	103
Additional Paid-In Capital	243.26	239.52	226.41	457.83	191.71
Retained Earnings	677.96	614.25	371.57	155.13	186.09
Comprehensive Income & Other	-1.14	0.41	-2.58	0	-
Total Common Equity	1,287	1,221	962.27	720.87	480.8
Minority Interest	262.05	259.31	267.28	293.24	337.64
Shareholders' Equity	1,549	1,480	1,230	1,014	818.44
Total Liabilities & Equity	4,775	4,730	4,804	4,946	4,614
Total Debt	2.02	2.01	3.94	6.44	-
Net Cash (Debt)	1,232	1,234	811.25	628.41	603.88
Net Cash Growth	104.02%	52.16%	29.09%	4.06%	-
Net Cash Per Share	3.32	3.34	2.21	1.71	-
Filing Date Shares Outstanding	374.79	366.86	366.86	366.86	-
Total Common Shares Outstanding	374.79	366.86	366.86	366.86	-
Working Capital	1,248	1,173	890.29	777.26	676.7
Book Value Per Share	3.43	3.33	2.62	1.96	-
Tangible Book Value	1,223	1,156	891.78	645.85	401.31
Tangible Book Value Per Share	3.26	3.15	2.43	1.76	-
Buildings	-	180.01	175.91	149.52	149.52
Machinery	-	66.04	64.22	55.25	57.66