SHE:301609 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	530.13	554.36	433.41	316.07	193.07	252.46
Trading Asset Securities	568	560	-	-	-	-
Cash & Short-Term Investments	1,098	1,114	433.41	316.07	193.07	252.46
Cash Growth	163.34%	157.11%	37.12%	63.71%	-23.52%	-3.73%
Accounts Receivable	158.01	187.06	222.96	180.89	211.32	166.71
Other Receivables	3.85	3.01	-	0.7	0.06	0.03
Receivables	161.87	190.07	222.96	181.59	211.39	166.74
Inventory	336.34	303.33	237.94	218.1	203.05	188.19
Other Current Assets	13.02	17.47	24.94	15.38	12.1	11.31
Total Current Assets	1,609	1,625	919.25	731.14	619.61	618.69
Property, Plant & Equipment	165.15	168.24	172.54	177.84	134.2	78.09
Other Intangible Assets	15.6	15.71	16.12	16.53	16.76	17.2
Long-Term Deferred Tax Assets	5.9	6.06	6.13	5.37	5.15	4.8
Other Long-Term Assets	15.33	13.64	12.97	12.28	10.41	10.45
Total Assets	1,811	1,829	1,127	943.16	786.14	729.24
Accounts Payable	100.29	119.14	145.89	138.4	81.95	69.77
Accrued Expenses	22.99	46.92	52.15	37.59	32.77	41.63
Current Portion of Long-Term Debt	0.43	0.57	-	-	-	-
Current Portion of Leases	-	-	0.81	0.31	0.9	0.74
Current Income Taxes Payable	0.59	14.23	8.07	4.99	6.63	12.15
Current Unearned Revenue	382.73	356.21	295.61	264.65	236.12	207.29
Other Current Liabilities	8.01	9.89	8.07	8.18	10.68	8.25
Total Current Liabilities	515.05	546.97	510.59	454.12	369.05	339.82
Long-Term Leases	-	0.15	0.74	-	0.31	0.87
Total Liabilities	515.05	547.11	511.33	454.12	369.36	340.69
Common Stock	162.88	162.88	122.16	122.16	122.16	122.16
Additional Paid-In Capital	502.07	502.07	14.34	14.34	14.34	14.24
Retained Earnings	631.33	616.82	479.17	352.54	280.27	252.15
Shareholders' Equity	1,296	1,282	615.68	489.04	416.78	388.55
Total Liabilities & Equity	1,811	1,829	1,127	943.16	786.14	729.24
Total Debt	0.43	0.72	1.55	0.31	1.21	1.6
Net Cash (Debt)	1,098	1,114	431.86	315.76	191.86	250.86
Net Cash Growth	164.04%	157.87%	36.77%	64.58%	-23.52%	-4.34%
Net Cash Per Share	7.39	8.01	3.55	2.58	1.57	2.04
Filing Date Shares Outstanding	161.31	165.15	122.16	122.16	122.16	122.86
Total Common Shares Outstanding	161.31	165.15	122.16	122.16	122.16	122.86
Working Capital	1,094	1,078	408.65	277.03	250.56	278.87
Book Value Per Share	8.04	7.76	5.04	4.00	3.41	3.16
Tangible Book Value	1,281	1,266	599.55	472.51	400.02	371.35
Tangible Book Value Per Share	7.94	7.67	4.91	3.87	3.27	3.02
Buildings	-	-	173.42	181.51	8.76	8.76
Machinery	-	-	23.17	20.35	17.54	16.24
Construction In Progress	-	-	-	-	127.24	69.46

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