SHE:001306 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	-	164.32	583.77	41.43	29.11
Trading Asset Securities	-	175.3	190.05	-	-
Cash & Short-Term Investments	190.48	339.62	773.82	41.43	29.11
Cash Growth	-43.91%	-56.11%	1768.00%	42.30%	-19.98%
Accounts Receivable	-	341.05	292.08	228.63	166.09
Other Receivables	-	3.02	1.47	1.94	0.37
Receivables	-	344.07	293.55	230.57	166.46
Inventory	-	273.53	164.03	151.25	119.05
Other Current Assets	-	21.63	3.6	13.86	4.2
Total Current Assets	-	978.85	1,235	437.11	318.82
Property, Plant & Equipment	-	840.04	557.28	500.03	429.72
Long-Term Investments	-	15.72	-	-	-
Other Intangible Assets	-	40.74	38.63	39.03	39.88
Long-Term Deferred Tax Assets	-	4.47	2.14	1.59	4.88
Long-Term Deferred Charges	-	11.16	6.46	1.65	1.06
Other Long-Term Assets	-	64.39	28.71	22.88	17.64
Total Assets	-	1,955	1,868	1,002	812
Accounts Payable	-	288.96	186.36	153.94	120.61
Accrued Expenses	-	23.89	19.59	22.32	20.15
Short-Term Debt	-	92.06	11.01	59.33	205.32
Current Portion of Long-Term Debt	-	-	44.31	0.4	31.51
Current Portion of Leases	-	3.11	2.11	3.71	2.49
Current Income Taxes Payable	-	0.26	0.73	-	0.11
Current Unearned Revenue	-	1.62	0.37	0.56	2.43
Other Current Liabilities	-	20.96	8.29	12.37	11.28
Total Current Liabilities	-	430.86	272.78	252.63	393.89
Long-Term Debt	-	159.89	254.04	233.9	-
Long-Term Leases	-	10.53	-	-	3.71
Long-Term Unearned Revenue	-	33.73	33.09	29.34	16.18
Long-Term Deferred Tax Liabilities	-	-	0.16	-	-
Total Liabilities	-	635.02	560.07	515.88	413.78
Common Stock	-	62	62	46.5	46.5
Additional Paid-In Capital	-	971.21	971.21	236.75	236.55
Retained Earnings	-	286.94	274.9	203.16	115.2
Comprehensive Income & Other	-	0.18	0.04	-0.02	-0.02
Shareholders' Equity	1,340	1,320	1,308	486.4	398.23
Total Liabilities & Equity	-	1,955	1,868	1,002	812
Total Debt	521.04	265.6	311.47	297.34	243.02
Net Cash (Debt)	-330.56	74.02	462.35	-255.91	-213.91
Net Cash Growth	-	-83.99%	-	-	-
Net Cash Per Share	-5.33	1.19	9.67	-5.50	-4.61
Filing Date Shares Outstanding	62.89	62	62	46.5	46.5
Total Common Shares Outstanding	62.89	62	62	46.5	46.5
Working Capital	-	547.99	962.22	184.48	-75.07
Book Value Per Share	22.19	21.30	21.10	10.46	8.56
Tangible Book Value	1,203	1,280	1,270	447.37	358.35
Tangible Book Value Per Share	19.92	20.64	20.48	9.62	7.71
Buildings	-	147.24	144.55	143.09	134.55
Machinery	-	792.35	608.02	547.89	442.63
Construction In Progress	-	240.67	95.47	48.59	46.85

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