SHE:301622 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	503.43	497.91	803.28	301.64	359.04	145.12
Trading Asset Securities	4.31	4.33	-	-	-	65
Cash & Short-Term Investments	507.74	502.24	803.28	301.64	359.04	210.12
Cash Growth	-23.52%	-37.48%	166.30%	-15.99%	70.88%	9.62%
Accounts Receivable	504.41	591.17	480.65	363.87	394.38	251.04
Other Receivables	13.71	13.8	7.47	9.01	4.16	0.8
Receivables	518.12	604.96	488.12	372.88	398.55	251.84
Inventory	449.79	465.45	299.53	227.54	280.63	165.08
Other Current Assets	67.96	23.68	30.43	20.98	18.34	4.22
Total Current Assets	1,544	1,596	1,621	923.05	1,057	631.26
Property, Plant & Equipment	760.11	706.8	562.75	481.09	245.99	133.16
Other Intangible Assets	86.81	86.78	29.4	31.29	31.76	30.43
Long-Term Deferred Tax Assets	4.52	4.78	3.77	16.54	16.56	13.96
Long-Term Deferred Charges	48.02	50.59	29.86	12.61	14.54	14.45
Other Long-Term Assets	38.37	35.65	18.85	4.03	10.45	11.14
Total Assets	2,481	2,481	2,266	1,469	1,376	834.39
Accounts Payable	627.24	645.59	421.57	342.05	499.7	265.21
Accrued Expenses	23.27	37.41	33.43	25.1	24.18	14.91
Short-Term Debt	158.77	113.05	109.92	205.33	152.95	14.85
Current Portion of Long-Term Debt	-	-	5.85	0.41	-	-
Current Portion of Leases	8.97	11.71	16.81	18.2	17.26	7.95
Current Income Taxes Payable	2.8	6.07	5.21	1.06	5.27	5.12
Current Unearned Revenue	5.09	6.4	26.43	0.09	0.09	0.56
Other Current Liabilities	31.17	20.49	24.42	7.65	10.37	20.28
Total Current Liabilities	857.32	840.72	643.64	599.89	709.83	328.88
Long-Term Debt	-	-	76.04	50.54	-	-
Long-Term Leases	19.2	22.68	13.58	14.48	15.38	17.45
Long-Term Unearned Revenue	47.25	45.5	44.87	47.89	44.55	50.45
Long-Term Deferred Tax Liabilities	-	-	1.97	18.93	7.09	3.47
Total Liabilities	923.77	908.89	780.1	731.73	776.85	400.25
Common Stock	115.93	115.93	115.93	86.95	86.95	86.95
Additional Paid-In Capital	680.56	680.56	680.56	138.96	138.96	138.96
Retained Earnings	760.89	773.52	688.35	511.08	372.74	208.07
Comprehensive Income & Other	-3.11	-1.49	1.03	-0.11	0.36	0.16
Total Common Equity	1,554	1,569	1,486	736.88	599.01	434.14
Minority Interest	3.38	3.53	-	-	-	-
Shareholders' Equity	1,558	1,572	1,486	736.88	599.01	434.14
Total Liabilities & Equity	2,481	2,481	2,266	1,469	1,376	834.39
Total Debt	186.95	147.44	222.19	288.96	185.59	40.26
Net Cash (Debt)	320.79	354.8	581.09	12.68	173.46	169.86
Net Cash Growth	-47.85%	-38.94%	4481.19%	-92.69%	2.12%	7.71%
Net Cash Per Share	2.77	3.05	6.69	0.15	1.99	1.95
Filing Date Shares Outstanding	115.93	115.93	115.93	86.95	86.95	86.95
Total Common Shares Outstanding	115.93	115.93	115.93	86.95	86.95	86.95
Working Capital	686.29	755.62	977.71	323.16	346.73	302.37
Book Value Per Share	13.41	13.53	12.82	8.47	6.89	4.99
Tangible Book Value	1,467	1,482	1,456	705.59	567.24	403.71
Tangible Book Value Per Share	12.66	12.78	12.56	8.11	6.52	4.64
Buildings	-	220.63	201.96	56.44	0.45	0.45
Machinery	-	574.41	412.83	291.78	169.96	113.53
Construction In Progress	-	31.03	14.32	163.12	82.89	14.55