SHE:001207 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	284.02	740.78	822.35	540.5	666.92
Trading Asset Securities	611.79	-	-	11.09	0.1
Cash & Short-Term Investments	895.81	740.78	822.35	551.59	667.02
Cash Growth	20.93%	-9.92%	49.09%	-17.31%	223.38%
Accounts Receivable	940.8	723.01	556.18	530.83	399.1
Other Receivables	0.79	4.39	5.48	1.63	2.88
Receivables	941.58	727.4	561.66	532.46	401.98
Inventory	134.3	150.3	120.8	157.05	173.5
Other Current Assets	52.11	51.95	37	34.44	24.26
Total Current Assets	2,024	1,670	1,542	1,276	1,267
Property, Plant & Equipment	915.96	908.55	608.52	521.95	493.47
Other Intangible Assets	169	177.23	147.72	120.38	99.66
Long-Term Deferred Tax Assets	4.64	7.8	6.99	13.18	6.65
Long-Term Deferred Charges	0.62	3.45	7.43	12.15	19.54
Other Long-Term Assets	107.83	2.41	41.17	2.03	16.51
Total Assets	3,222	2,770	2,354	1,945	1,903
Accounts Payable	637.02	685.16	506.28	525.4	537.06
Accrued Expenses	18.57	28.61	22.09	18.31	14.99
Short-Term Debt	153.61	108.56	24.31	-	-
Current Income Taxes Payable	24.89	10.9	5.94	1.56	7.67
Current Unearned Revenue	9.88	11.74	4.69	3.25	3.2
Other Current Liabilities	3.31	19.57	16.19	21.65	1.18
Total Current Liabilities	847.27	864.55	579.5	570.17	564.09
Long-Term Unearned Revenue	7.32	7.91	9.33	10.16	11.3
Long-Term Deferred Tax Liabilities	3.01	7.5	8.56	9.69	2.22
Total Liabilities	857.6	879.96	597.4	590.02	577.62
Common Stock	216.53	202.36	202.36	183.86	182
Additional Paid-In Capital	1,305	1,020	1,018	764.29	736.92
Retained Earnings	868.07	699.58	547.37	415.58	396.05
Treasury Stock	-35.53	-42.83	-22.08	-19.88	-
Total Common Equity	2,354	1,879	1,746	1,344	1,315
Minority Interest	10.56	10.44	10.64	11.36	10.02
Shareholders' Equity	2,364	1,890	1,756	1,355	1,325
Total Liabilities & Equity	3,222	2,770	2,354	1,945	1,903
Total Debt	153.61	108.56	24.31	-	-
Net Cash (Debt)	742.19	632.22	798.04	551.59	667.02
Net Cash Growth	17.39%	-20.78%	44.68%	-17.31%	754.53%
Net Cash Per Share	3.65	3.16	4.17	3.02	4.20
Filing Date Shares Outstanding	217.56	199.91	202.36	183.86	183.86
Total Common Shares Outstanding	217.56	199.91	202.36	183.86	182
Working Capital	1,177	805.89	962.31	705.37	702.67
Book Value Per Share	10.82	9.40	8.63	7.31	7.23
Tangible Book Value	2,185	1,702	1,598	1,223	1,215
Tangible Book Value Per Share	10.04	8.52	7.90	6.65	6.68
Buildings	-	423.67	270.17	256.41	238.55
Machinery	-	924.01	625.09	574.54	526.86
Construction In Progress	-	26.29	112.95	19.84	4.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.