SHE:001299 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	-	346.07	930.44	745.31	127.08
Short-Term Investments	-	267	-	-	-
Trading Asset Securities	-	361.96	99.07	222.48	263.15
Accounts Receivable	-	9.59	19.82	22.33	17.32
Other Receivables	-	1.02	0.8	1.14	0.92
Inventory	-	13.52	14.18	12.32	18.72
Prepaid Expenses	-	35.8	34.76	-	28.44
Other Current Assets	-	41.1	37.44	43.8	11.23
Total Current Assets	-	1,076	1,137	1,047	466.85
Property, Plant & Equipment	-	535.03	471.27	445.47	431.7
Other Intangible Assets	-	34.56	32.67	26.26	27.3
Long-Term Investments	-	118.5	109.58	95.39	93.36
Long-Term Deferred Tax Assets	-	1.44	1.25	0.95	0.52
Other Long-Term Assets	-	0.94	2.38	3.49	1.83
Total Assets	-	1,767	1,754	1,619	1,022
Accounts Payable	-	36.22	35.9	41.03	24.77
Accrued Expenses	-	10.18	7.36	9.55	6.44
Current Unearned Revenue	-	349.51	341.13	280.75	262.03
Current Portion of Leases	-	1.74	0.42	1.22	1.19
Current Income Taxes Payable	-	6.77	5.92	7.12	4.4
Other Current Liabilities	-	48.71	44.22	43.38	37.68
Total Current Liabilities	-	453.12	434.94	383.06	336.5
Long-Term Leases	-	4.14	0.4	0.49	1.63
Long-Term Unearned Revenue	-	9.45	5.49	5.53	3.9
Long-Term Deferred Tax Liabilities	-	-	0.39	0.03	-
Other Long-Term Liabilities	-	-	-	0.94	0.26
Total Liabilities	-	466.71	441.23	390.05	342.29
Common Stock	-	187.58	187.58	187.58	140.68
Additional Paid-In Capital	-	508.17	508.17	508.17	98.85
Retained Earnings	-	629.37	598.08	516.27	422.09
Treasury Stock	-	-46.29	-	-	-
Comprehensive Income & Other	-	19.78	16.83	14.76	15.34
Total Common Equity	1,182	1,299	1,311	1,227	676.96
Minority Interest	-	1.23	1.77	2.11	2.32
Shareholders' Equity	1,182	1,300	1,312	1,229	679.28
Total Liabilities & Equity	-	1,767	1,754	1,619	1,022
Total Debt	4.36	5.88	0.82	1.72	2.82
Net Cash (Debt)	495.09	969.15	1,029	966.07	387.4
Net Cash Growth	-48.91%	-5.79%	6.48%	149.37%	23.94%
Net Cash Per Share	2.25	4.01	4.26	4.97	2.11
Filing Date Shares Outstanding	145.01	238.59	243.85	243.85	183.27
Total Common Shares Outstanding	238.59	238.59	243.85	243.85	183.27
Working Capital	-	622.94	701.58	664.32	130.35
Book Value Per Share	4.95	5.44	5.37	5.03	3.69
Tangible Book Value	1,147	1,264	1,278	1,201	649.66
Tangible Book Value Per Share	4.81	5.30	5.24	4.92	3.54
Buildings	-	86.71	86.28	85.83	83.91
Machinery	-	73.56	73.22	70.79	69.18
Construction In Progress	-	75.23	39.79	11.38	15.36

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