SHE:301629 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	241.53	278.87	281.27	273.26	380.31	224.76
Short-Term Investments	-	-	32.82	-	-	-
Trading Asset Securities	303	316	-	-	-	-
Cash & Short-Term Investments	544.53	594.87	314.09	273.26	380.31	224.76
Cash Growth	-29.59%	89.40%	14.94%	-28.15%	69.21%	10.25%
Accounts Receivable	257.09	258.2	275.27	235.44	110.55	256.44
Other Receivables	3.04	2.56	3.08	3.66	3.31	2.71
Receivables	260.14	260.76	278.35	239.11	113.86	259.15
Inventory	331.29	284.74	321.12	366.28	475.68	485.12
Prepaid Expenses	-	-	-	-	5.89	0.5
Other Current Assets	22.71	9.95	43.56	40.69	28.86	38.51
Total Current Assets	1,159	1,150	957.12	919.33	1,005	1,008
Property, Plant & Equipment	19.52	12.04	12.07	13.94	7.86	8.65
Long-Term Investments	-	161.03	-	31.75	30.73	-
Other Intangible Assets	2.43	2.7	3.31	4.64	3.81	4.2
Long-Term Accounts Receivable	47.52	46.71	15.76	-	-	-
Long-Term Deferred Tax Assets	17.41	13.16	10.79	9.63	6.26	8.22
Long-Term Deferred Charges	2.14	2.26	1.03	0.54	0.62	1.56
Other Long-Term Assets	166.15	3.58	5.2	2.29	2.68	2.09
Total Assets	1,414	1,392	1,005	982.13	1,057	1,033
Accounts Payable	117.26	109.67	95.54	79.76	61.99	119.33
Accrued Expenses	8.27	16.88	18.57	17.59	26.93	18.19
Current Portion of Leases	3.11	0.41	4.5	4.37	-	-
Current Income Taxes Payable	1.02	0.02	1.89	3.97	4.38	3.05
Current Unearned Revenue	75.56	50.23	118.2	219.63	391.91	398.79
Other Current Liabilities	15.86	15.65	44.75	23.63	24.93	49.2
Total Current Liabilities	221.08	192.85	283.45	348.95	510.14	588.56
Long-Term Leases	5.72	0.77	0.35	3.73	0.34	1.53
Long-Term Unearned Revenue	2.89	3.07	1.99	-	-	-
Other Long-Term Liabilities	2.25	2.63	4.94	7.22	4.54	4.57
Total Liabilities	232.18	199.33	290.73	359.9	515.02	594.66
Common Stock	41.73	41.73	31.3	31.3	31.3	31.3
Additional Paid-In Capital	735.97	735.97	283.2	282.97	-	-
Retained Earnings	404.91	415.31	402.46	310.59	230.87	128.7
Comprehensive Income & Other	-	-	-	-	282.12	279.72
Total Common Equity	1,183	1,193	716.95	624.86	544.29	439.72
Minority Interest	-0.96	-0.53	-2.4	-2.64	-2.75	-1.63
Shareholders' Equity	1,182	1,192	714.55	622.22	541.54	438.09
Total Liabilities & Equity	1,414	1,392	1,005	982.13	1,057	1,033
Total Debt	8.84	1.19	4.85	8.1	0.34	1.53
Net Cash (Debt)	535.69	593.68	309.24	265.16	379.97	223.23
Net Cash Growth	-30.44%	91.98%	16.62%	-30.21%	70.21%	9.50%
Net Cash Per Share	12.83	15.17	9.90	8.47	12.15	7.14
Filing Date Shares Outstanding	41.73	41.73	41.73	31.3	31.26	31.3
Total Common Shares Outstanding	41.73	41.73	31.3	31.3	31.26	31.3
Working Capital	937.59	957.47	673.66	570.38	494.45	419.48
Book Value Per Share	28.34	28.59	22.91	19.97	17.41	14.05
Tangible Book Value	1,180	1,190	713.64	620.23	540.48	435.52
Tangible Book Value Per Share	28.28	28.53	22.80	19.82	17.29	13.92
Machinery	-	18.61	13.93	10.68	-	-

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