SHE:001268 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	Jan '22 Jan 1, 2022
Cash & Equivalents	127.6	87.58	83.25	90.95	3.85
Cash & Short-Term Investments	127.6	87.58	83.25	90.95	3.85
Cash Growth	45.69%	5.21%	-8.47%	2260.11%	-53.39%
Accounts Receivable	326.83	484.14	435.46	434.93	279.97
Other Receivables	1.69	1.28	0.65	0.84	0.81
Receivables	328.53	485.42	436.11	435.77	280.78
Inventory	92.95	79.61	62.45	81.07	83.24
Other Current Assets	12.35	4.81	7.82	12.66	25.83
Total Current Assets	561.42	657.42	589.62	620.45	393.7
Property, Plant & Equipment	875.02	698.09	567.14	536.4	472.33
Other Intangible Assets	82.84	40.45	41.61	42.89	34.19
Long-Term Deferred Tax Assets	7.95	3.62	4.13	4.46	2.89
Long-Term Deferred Charges	1.06	0.58	0.59	0.41	0.43
Other Long-Term Assets	23.3	10.01	10.19	12.77	7.36
Total Assets	1,552	1,410	1,213	1,217	910.9
Accounts Payable	206.76	190.67	123.31	111.59	173.12
Accrued Expenses	22.61	21.77	16.74	19.89	17.46
Short-Term Debt	111.75	107.68	40.82	109.09	205.51
Current Portion of Long-Term Debt	69.3	7.68	5.7	8.6	12.9
Current Portion of Leases	-	-	-	-	1.56
Current Income Taxes Payable	5.34	4.91	2.04	1.13	5.13
Current Unearned Revenue	0.03	0.03	0.15	0.26	0.05
Other Current Liabilities	3.2	13.38	4.6	10.36	27.62
Total Current Liabilities	419	346.13	193.37	260.92	443.37
Long-Term Debt	93.57	36.93	17.5	3.7	12.3
Long-Term Leases	0.19	0.65	-	-	-
Long-Term Unearned Revenue	18.23	10.65	11.99	13.27	13.13
Long-Term Deferred Tax Liabilities	0.01	0.34	3.52	3.67	-
Total Liabilities	531.01	394.7	226.38	281.57	468.8
Common Stock	107.93	107.93	107.93	107.93	80.95
Additional Paid-In Capital	595.72	595.72	595.72	595.72	173.91
Retained Earnings	332.6	327.79	283.24	232.17	186.15
Treasury Stock	-16.18	-15.99	-	-	-
Comprehensive Income & Other	-	-	-	-	1.09
Total Common Equity	1,020	1,015	986.89	935.82	442.11
Minority Interest	0.51	-	-	-	-
Shareholders' Equity	1,021	1,015	986.89	935.82	442.11
Total Liabilities & Equity	1,552	1,410	1,213	1,217	910.9
Total Debt	274.81	152.94	64.02	121.39	232.27
Net Cash (Debt)	-147.22	-65.36	19.23	-30.43	-228.42
Net Cash Per Share	-1.36	-0.60	0.18	-0.32	-2.82
Filing Date Shares Outstanding	107.25	112.56	107.93	107.93	80.95
Total Common Shares Outstanding	107.25	112.56	107.93	107.93	80.95
Working Capital	142.42	311.29	396.25	359.53	-49.66
Book Value Per Share	9.51	9.02	9.14	8.67	5.46
Tangible Book Value	937.23	975.01	945.28	892.93	407.92
Tangible Book Value Per Share	8.74	8.66	8.76	8.27	5.04
Buildings	-	204.52	203.98	161.29	160.96
Machinery	-	676.07	565.38	502.07	368.2
Construction In Progress	-	105.99	38.91	61.59	82.56