SHE:001298 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	496.34	266.68	560.7	796.98	221.84
Trading Asset Securities	80	120.8	233.7	102	-
Cash & Short-Term Investments	576.34	387.48	794.4	898.98	221.84
Cash Growth	48.74%	-51.22%	-11.63%	305.24%	83.58%
Accounts Receivable	2,307	1,604	1,094	950.88	1,114
Other Receivables	3.65	3.31	13.33	3.31	0.71
Receivables	2,311	1,607	1,107	954.19	1,115
Inventory	778.13	592.65	613.74	571.6	791.16
Prepaid Expenses	-	-	-	-	2.77
Other Current Assets	171.25	119.6	57.13	69.06	17.95
Total Current Assets	3,837	2,707	2,573	2,494	2,149
Property, Plant & Equipment	17.82	11.63	14.89	16.88	18.73
Long-Term Investments	43	43	43	5	5
Goodwill	40.05	-	-	-	-
Other Intangible Assets	0.18	0.31	0.48	0.73	0.54
Long-Term Deferred Tax Assets	42.52	28.84	21.42	17.89	12.18
Long-Term Deferred Charges	3.44	4.28	6.8	1.05	1.72
Other Long-Term Assets	-	-	0.05	0.16	-
Total Assets	3,984	2,795	2,659	2,536	2,187
Accounts Payable	755.18	352.38	337.74	270.54	595.12
Accrued Expenses	47.39	29.61	24.31	53.92	34.44
Short-Term Debt	1,413	781.86	704.29	668.56	866.55
Current Portion of Leases	5.93	5.79	8.28	8.3	7.08
Current Income Taxes Payable	14.18	6.42	1.16	1.54	14.26
Current Unearned Revenue	27.14	14.68	9.35	20.02	26.98
Other Current Liabilities	73.18	25.14	29.96	2.41	4
Total Current Liabilities	2,336	1,216	1,115	1,025	1,548
Long-Term Leases	9.5	2.63	3.11	6.98	10.3
Long-Term Deferred Tax Liabilities	0.12	0.4	0.25	0.2	0.17
Total Liabilities	2,346	1,219	1,118	1,032	1,559
Common Stock	296.79	204.71	141.29	96	72
Additional Paid-In Capital	793.95	880.61	932.02	949.23	226.32
Retained Earnings	533.04	469.12	467.21	440.14	340.91
Treasury Stock	-6.74	-13.87	-23.78	-	-
Comprehensive Income & Other	20.73	35.37	24.1	17.73	-11.4
Shareholders' Equity	1,638	1,576	1,541	1,503	627.84
Total Liabilities & Equity	3,984	2,795	2,659	2,536	2,187
Total Debt	1,429	790.28	715.68	683.83	883.93
Net Cash (Debt)	-852.34	-402.8	78.72	215.14	-662.09
Net Cash Growth	-	-	-63.41%	-	-
Net Cash Per Share	-2.91	-1.34	0.27	0.95	-3.02
Filing Date Shares Outstanding	296.79	296.84	297.06	292.67	218.31
Total Common Shares Outstanding	296.79	296.84	297.06	292.67	218.31
Working Capital	1,500	1,491	1,458	1,469	600.14
Book Value Per Share	5.52	5.31	5.19	5.14	2.88
Tangible Book Value	1,598	1,576	1,540	1,502	627.3
Tangible Book Value Per Share	5.38	5.31	5.19	5.13	2.87
Machinery	11.95	11.56	10.78	7.95	7.04

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