SHE:301608 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	375.8	983.21	944.97	624.03	433.27	199.14
Trading Asset Securities	1,381	805.14	660.04	-	-	-
Cash & Short-Term Investments	1,756	1,788	1,605	624.03	433.27	199.14
Cash Growth	9.61%	11.42%	157.20%	44.03%	117.57%	-40.61%
Accounts Receivable	310.89	296.11	294.31	232.25	153.98	160.96
Other Receivables	7.04	13.63	16.94	6.73	5.3	7.15
Receivables	317.94	309.73	311.25	238.98	159.28	168.11
Inventory	348	269.21	166.3	122.85	137.4	247.77
Other Current Assets	20.64	14.35	7.69	11.44	17.89	13.42
Total Current Assets	2,443	2,382	2,090	997.3	747.84	628.44
Property, Plant & Equipment	420.71	416.65	337.18	247.51	239.99	205.21
Other Intangible Assets	53.73	54.08	51.9	53.26	54.53	55.4
Long-Term Deferred Tax Assets	6.07	6.15	6.17	5.46	4.09	3.62
Long-Term Deferred Charges	1.13	1.23	2.48	3.95	5.8	7.54
Other Long-Term Assets	3.69	0.68	2.35	0.4	0.23	0.57
Total Assets	2,928	2,860	2,490	1,308	1,052	900.79
Accounts Payable	513.92	475	250.5	157.33	118.78	135.6
Accrued Expenses	16.08	17.41	15.14	17.32	15.59	13.92
Short-Term Debt	-	0.04	-	21.4	-	-
Current Portion of Leases	0.08	0.53	1.67	1.22	1.1	1.06
Current Income Taxes Payable	12.51	12.36	3.75	3.57	2.3	8.16
Current Unearned Revenue	32.31	29.46	44.54	26.09	26.31	36.67
Other Current Liabilities	124.75	151.91	160.74	67.75	48.42	24.08
Total Current Liabilities	699.65	686.71	476.34	294.67	212.49	219.5
Long-Term Leases	-	0.01	0.45	1.72	2.94	4.04
Long-Term Unearned Revenue	2.99	3.14	3.51	4.67	4.85	2.8
Long-Term Deferred Tax Liabilities	0	0	0	0.36	-	-
Other Long-Term Liabilities	1.34	1.39	0.57	0.78	0.81	0.72
Total Liabilities	703.99	691.26	480.87	302.19	221.09	227.07
Common Stock	88.99	88.99	88.99	66.74	66.74	66.74
Additional Paid-In Capital	1,103	1,103	1,103	241.24	241.24	241.24
Retained Earnings	1,032	977.01	817.28	697.7	523.41	365.75
Shareholders' Equity	2,224	2,169	2,009	1,006	831.39	673.72
Total Liabilities & Equity	2,928	2,860	2,490	1,308	1,052	900.79
Total Debt	0.08	0.58	2.12	24.34	4.04	5.11
Net Cash (Debt)	1,756	1,788	1,603	599.69	429.22	194.03
Net Cash Growth	9.73%	11.53%	167.29%	39.72%	121.21%	-42.14%
Net Cash Per Share	19.74	20.09	21.09	8.99	6.43	2.91
Filing Date Shares Outstanding	88.99	88.99	88.99	66.74	66.74	66.74
Total Common Shares Outstanding	88.99	88.99	88.99	66.74	66.74	66.74
Working Capital	1,743	1,695	1,614	702.62	535.34	408.94
Book Value Per Share	24.99	24.38	22.58	15.07	12.46	10.10
Tangible Book Value	2,171	2,115	1,958	952.42	776.85	618.32
Tangible Book Value Per Share	24.39	23.77	22.00	14.27	11.64	9.27
Buildings	-	138.7	138.7	138.7	137.15	136.37
Machinery	-	106.77	100.73	97.21	96.16	93.43
Construction In Progress	-	270.58	178.29	74.66	52.24	3.18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.