SHE:301603 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	332.71	358.51	382.59	163.94	90.8	91.05
Trading Asset Securities	15	-	50.18	-	-	-
Cash & Short-Term Investments	347.72	358.51	432.76	163.94	90.8	91.05
Cash Growth	12.54%	-17.16%	163.99%	80.55%	-0.27%	-33.07%
Accounts Receivable	625	1,396	1,021	751.36	689.4	560.69
Other Receivables	124.39	82.98	132.49	8.17	24.81	25.3
Receivables	749.39	1,479	1,154	759.54	714.21	586.35
Inventory	1,155	1,035	848.32	487.02	561.84	575.19
Prepaid Expenses	-	0.22	0.31	-	2.3	0.44
Other Current Assets	920.44	45.26	39.95	76.32	65.47	43.35
Total Current Assets	3,172	2,918	2,475	1,487	1,435	1,296
Property, Plant & Equipment	604.54	609.92	582.82	482.51	390.35	261.49
Long-Term Investments	50.54	50.31	29.44	22.93	16.93	12.13
Goodwill	0.19	0.19	0.19	0.19	0.19	0.19
Other Intangible Assets	112.44	87.12	85.99	87.8	62.59	64.76
Long-Term Accounts Receivable	-	152.03	102.57	58.74	20.2	11.12
Long-Term Deferred Tax Assets	40.75	38.65	33.41	19.55	18.26	15.84
Long-Term Deferred Charges	3.8	3.78	4.04	4.09	3.51	5.68
Other Long-Term Assets	248.23	20.38	8.73	10.39	13.7	7.49
Total Assets	4,233	3,880	3,322	2,173	1,960	1,675
Accounts Payable	1,013	891.14	823.15	594.86	352.17	374.81
Accrued Expenses	87.43	121.77	93.76	70.46	76.84	66.43
Short-Term Debt	10.04	6.6	25.22	13.33	46.62	-
Current Portion of Long-Term Debt	-	-	-	-	20	-
Current Portion of Leases	10.97	11.98	14.07	9.61	9.6	9.94
Current Income Taxes Payable	42.91	18.77	13.42	10.03	5.64	31.03
Current Unearned Revenue	246.47	160.35	99.17	47.41	80.47	93.74
Other Current Liabilities	274.34	239.75	152.13	153.97	236.85	211.46
Total Current Liabilities	1,685	1,450	1,221	899.68	828.18	787.41
Long-Term Debt	4.8	-	-	-	41.96	11.12
Long-Term Leases	17.72	15.15	18.14	3.23	4.06	9.04
Long-Term Unearned Revenue	10.11	10.4	7.45	9	3.01	3.06
Long-Term Deferred Tax Liabilities	-	-	0.01	-	5.98	1.66
Other Long-Term Liabilities	9.26	8.15	5.5	3.76	2.64	1.85
Total Liabilities	1,727	1,484	1,252	915.66	885.83	814.14
Common Stock	120.76	120.76	120.76	90.57	90.57	90.57
Additional Paid-In Capital	1,078	1,075	1,075	392.57	387.01	370.12
Retained Earnings	1,279	1,173	845.86	737.22	568.06	377.49
Comprehensive Income & Other	23.41	22.05	20.97	15.74	11.3	8.22
Total Common Equity	2,501	2,391	2,063	1,236	1,057	846.41
Minority Interest	4.34	5.52	7.68	21.23	17.58	14.53
Shareholders' Equity	2,506	2,396	2,070	1,257	1,075	860.94
Total Liabilities & Equity	4,233	3,880	3,322	2,173	1,960	1,675
Total Debt	43.53	33.74	57.43	26.18	122.24	30.1
Net Cash (Debt)	304.18	324.77	375.33	137.76	-31.45	60.94
Net Cash Growth	16.82%	-13.47%	172.46%	-	-	-55.20%
Net Cash Per Share	2.52	2.69	3.64	1.52	-0.35	0.67
Filing Date Shares Outstanding	120.76	120.76	120.76	120.76	90.75	90.57
Total Common Shares Outstanding	120.76	120.76	120.76	90.57	90.75	90.57
Working Capital	1,487	1,467	1,254	587.14	606.44	508.96
Book Value Per Share	20.71	19.80	17.08	13.65	11.65	9.35
Tangible Book Value	2,389	2,303	1,976	1,148	994.15	781.46
Tangible Book Value Per Share	19.78	19.07	16.37	12.68	10.96	8.63
Buildings	-	429.25	335.71	293.89	85.42	82.69
Machinery	-	303.65	258.54	204.34	146.27	103.91
Construction In Progress	-	13.93	83.6	63.24	212.09	103.83