SHE:301600 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	354.11	247.16	578.3	348.05	240.77	106.66
Short-Term Investments	-	114.74	-	-	-	-
Trading Asset Securities	524.59	572.01	420.68	0.14	0.19	-
Cash & Short-Term Investments	878.7	933.91	998.98	348.18	240.97	106.66
Cash Growth	-5.82%	-6.51%	186.91%	44.49%	125.91%	109.96%
Accounts Receivable	345.65	310.02	421.66	269.51	189.52	151.14
Other Receivables	1.8	1.18	1.04	0.74	0.83	0.41
Receivables	347.45	311.2	422.71	270.25	190.35	151.55
Inventory	373.06	319.7	258.19	187.93	161.29	107.31
Other Current Assets	29.72	16.83	0.57	8.34	5.12	2.07
Total Current Assets	1,629	1,582	1,680	814.7	597.72	367.59
Property, Plant & Equipment	39.22	37.88	21.33	16.63	17.46	14.39
Long-Term Investments	65.11	65.11	33.74	-	-	-
Other Intangible Assets	5.15	5.33	5.86	6.4	5.91	4.52
Long-Term Deferred Tax Assets	10.04	10.72	11.05	8.73	6.45	5.43
Long-Term Deferred Charges	0.47	0.54	0.04	0.11	0.14	-
Other Long-Term Assets	11.58	1.11	1.43	0.68	0.47	1.08
Total Assets	1,761	1,702	1,754	847.24	628.15	393.01
Accounts Payable	378.23	360.33	378.88	301.64	221.24	122.36
Accrued Expenses	0.98	17.88	18.59	14.16	10.02	11.12
Short-Term Debt	58.01	50.02	-	-	-	-
Current Portion of Leases	11.05	3.5	3.12	1.62	2.34	1.94
Current Income Taxes Payable	8.63	5.13	8.63	6	4.97	5.11
Current Unearned Revenue	14	11.41	15.45	13.02	5.03	6.21
Other Current Liabilities	17.7	21.3	19.77	8.27	11.69	12.8
Total Current Liabilities	488.61	469.57	444.43	344.7	255.28	159.55
Long-Term Leases	0.61	1.26	3.56	0.84	0.95	1.17
Long-Term Unearned Revenue	0.55	0.64	0.23	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0	-
Other Long-Term Liabilities	0.95	2.08	8.43	7.03	4.82	2.81
Total Liabilities	490.72	473.55	456.65	352.57	261.05	163.53
Common Stock	104.52	104.52	70.15	52.6	52.6	50
Additional Paid-In Capital	643.45	643.45	677.83	68.29	68.29	18.89
Retained Earnings	521.81	480.81	549.25	373.78	246.21	160.58
Shareholders' Equity	1,270	1,229	1,297	494.68	367.1	229.47
Total Liabilities & Equity	1,761	1,702	1,754	847.24	628.15	393.01
Total Debt	69.67	54.78	6.68	2.45	3.29	3.11
Net Cash (Debt)	809.03	879.13	992.3	345.73	237.67	103.55
Net Cash Growth	-8.60%	-11.40%	187.02%	45.46%	129.53%	103.83%
Net Cash Per Share	7.74	8.41	10.86	4.41	3.04	1.39
Filing Date Shares Outstanding	104.52	104.52	104.52	78.37	78.27	74.75
Total Common Shares Outstanding	104.52	104.52	104.52	78.37	78.27	74.75
Working Capital	1,140	1,112	1,236	469.99	342.44	208.04
Book Value Per Share	12.15	11.76	12.41	6.31	4.69	3.07
Tangible Book Value	1,265	1,223	1,291	488.28	361.19	224.95
Tangible Book Value Per Share	12.10	11.70	12.35	6.23	4.61	3.01
Machinery	-	53.47	36.82	36.21	32.94	26.87
Construction In Progress	-	6.48	1.52	-	-	0.17