SHE:001225 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	487.94	568.63	1,131	491.41	403.48
Short-Term Investments	-	149.72	-	-	-
Trading Asset Securities	144.62	141.04	-	-	-
Cash & Short-Term Investments	632.56	859.39	1,131	491.41	403.48
Cash Growth	-26.40%	-24.00%	130.12%	21.79%	77.66%
Accounts Receivable	46.51	45.19	57.22	48.56	51.58
Other Receivables	1.29	3.05	10.21	9.83	16.14
Receivables	47.8	48.24	67.43	58.39	67.72
Inventory	121.68	113.82	115.13	129.1	136.97
Prepaid Expenses	-	0.06	-	-	-
Other Current Assets	265.48	12.92	5.51	7.4	21.65
Total Current Assets	1,068	1,034	1,319	686.29	629.82
Property, Plant & Equipment	258.31	239.94	222.81	158.52	108.66
Other Intangible Assets	49.71	51.99	54.28	53.18	54.45
Long-Term Deferred Tax Assets	2.35	3.42	1.68	1.31	1.9
Long-Term Deferred Charges	1.61	2.36	1.56	1.93	0.66
Other Long-Term Assets	180.46	229.77	6.25	2.16	7.71
Total Assets	1,560	1,562	1,605	903.39	803.21
Accounts Payable	73.07	60.29	86.39	52.64	28.94
Accrued Expenses	5.7	9.8	8.66	19.4	24.94
Current Portion of Long-Term Debt	0.96	-	-	-	-
Current Portion of Leases	-	0.93	0.4	-	-
Current Income Taxes Payable	7.19	6.53	9.95	29.88	25.07
Current Unearned Revenue	50.86	39.48	41.84	69.34	109.1
Other Current Liabilities	27.5	7.6	8.71	4.65	63.27
Total Current Liabilities	165.29	124.62	155.94	175.91	251.33
Long-Term Leases	-	0.96	0.91	1.25	-
Long-Term Unearned Revenue	8.7	10.06	-	-	-
Long-Term Deferred Tax Liabilities	0.13	-	0.91	0.29	0.05
Other Long-Term Liabilities	0.06	-	-	-	-
Total Liabilities	174.18	135.64	157.76	177.46	251.38
Common Stock	65.87	64.67	64.67	48.5	48.5
Additional Paid-In Capital	921.87	899.57	899.57	227.37	227.37
Retained Earnings	409.28	454.2	477.49	444.47	272
Treasury Stock	-20.63	-	-	-	-
Comprehensive Income & Other	9.37	7.86	5.98	5.59	3.97
Shareholders' Equity	1,386	1,426	1,448	725.93	551.83
Total Liabilities & Equity	1,560	1,562	1,605	903.39	803.21
Total Debt	0.96	1.89	1.31	1.25	-
Net Cash (Debt)	631.59	857.5	1,130	490.15	403.48
Net Cash Growth	-26.35%	-24.08%	130.44%	21.48%	77.66%
Net Cash Per Share	9.82	13.26	18.25	10.12	8.31
Filing Date Shares Outstanding	64.56	64.67	64.67	64.67	48.5
Total Common Shares Outstanding	64.56	64.67	64.67	48.5	48.5
Working Capital	902.23	909.81	1,163	510.37	378.49
Book Value Per Share	21.47	22.06	22.39	14.97	11.38
Tangible Book Value	1,336	1,374	1,393	672.75	497.38
Tangible Book Value Per Share	20.70	21.25	21.55	13.87	10.26
Buildings	-	162.59	150.86	81.76	81.76
Machinery	-	160.26	97.27	91.47	101.13
Construction In Progress	-	27.54	71.68	72.47	16.86

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