SHE:001270 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	300.35	367.78	507.46	498.28	66.63
Trading Asset Securities	-	-	-	190.31	190.68
Cash & Short-Term Investments	300.35	367.78	507.46	688.59	257.31
Cash Growth	-18.33%	-27.53%	-26.30%	167.61%	0.89%
Accounts Receivable	683.08	491.82	452.84	371.48	283.54
Other Receivables	0.16	3.05	1.11	-	0.16
Receivables	683.24	494.87	453.95	371.48	283.7
Inventory	205.65	202.38	186.89	125.72	79.49
Other Current Assets	38.87	15.36	18.6	20.53	12.66
Total Current Assets	1,228	1,080	1,167	1,206	633.15
Property, Plant & Equipment	270.3	290.5	173.74	65	44.88
Long-Term Investments	98	99	87.98	83.1	55.35
Other Intangible Assets	2.85	5.25	7.66	9.05	10.9
Long-Term Deferred Tax Assets	20.5	11.59	5.09	3.02	3.06
Long-Term Deferred Charges	15.31	17.36	11.05	-	-
Other Long-Term Assets	-	-	28.15	51.39	3.21
Total Assets	1,635	1,504	1,481	1,418	750.56
Accounts Payable	10.51	20.1	36.75	13.32	2.41
Accrued Expenses	15.59	8.65	10.34	15.42	17.75
Current Portion of Long-Term Debt	0.46	-	-	-	-
Current Portion of Leases	-	-	0.35	0.33	0.02
Current Income Taxes Payable	0.35	-	-	1.88	-
Current Unearned Revenue	1.15	0.27	0.01	6.61	14.72
Other Current Liabilities	53.31	77.78	2.85	1.62	0.98
Total Current Liabilities	81.37	106.8	50.3	39.18	35.88
Long-Term Leases	0.4	-	-	0.35	-
Long-Term Unearned Revenue	12.25	14.75	17.54	9.71	17.07
Long-Term Deferred Tax Liabilities	5.24	5.44	4.54	4.29	0.1
Other Long-Term Liabilities	25.99	10.39	-	-	-
Total Liabilities	125.26	137.39	72.39	53.53	53.05
Common Stock	206.11	207.27	156.54	111.81	83.86
Additional Paid-In Capital	880.67	875.43	840.64	885.36	404.21
Retained Earnings	436	318.89	381.32	341.86	209.12
Treasury Stock	-51.68	-74.5	-	-	-
Comprehensive Income & Other	38.7	39.6	29.69	25.29	0.32
Shareholders' Equity	1,510	1,367	1,408	1,364	697.5
Total Liabilities & Equity	1,635	1,504	1,481	1,418	750.56
Total Debt	0.86	-	0.35	0.68	0.02
Net Cash (Debt)	299.49	367.78	507.12	687.91	257.29
Net Cash Growth	-18.57%	-27.48%	-26.28%	167.36%	0.89%
Net Cash Per Share	1.44	1.81	2.49	3.77	1.69
Filing Date Shares Outstanding	203.44	207.27	203.5	203.5	152.62
Total Common Shares Outstanding	203.44	207.27	203.5	203.5	152.62
Working Capital	1,147	973.58	1,117	1,167	597.27
Book Value Per Share	7.42	6.59	6.92	6.70	4.57
Tangible Book Value	1,507	1,361	1,401	1,355	686.6
Tangible Book Value Per Share	7.41	6.57	6.88	6.66	4.50
Buildings	-	109.49	-	-	-
Machinery	-	231.26	156.88	80.6	48.28
Construction In Progress	-	7.47	43.94	5.82	12.63

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