SHE:001367 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	909.49	1,034	943.75	247.19	205.26
Trading Asset Securities	151.7	-	-	-	0.74
Cash & Short-Term Investments	1,061	1,034	943.75	247.19	206
Cash Growth	2.58%	9.61%	281.79%	19.99%	47.24%
Accounts Receivable	103.38	89.2	57.73	47.3	44.61
Other Receivables	5.35	15.17	14.94	0.04	2.81
Receivables	108.73	104.38	72.67	47.34	47.42
Inventory	108.47	115.48	159.31	142.65	104.94
Other Current Assets	2.45	3.29	2.25	9.01	2.39
Total Current Assets	1,281	1,258	1,178	446.19	360.75
Property, Plant & Equipment	224.97	201.51	134.9	85.64	85.89
Other Intangible Assets	117.82	20.14	19.78	19.74	20.26
Long-Term Deferred Tax Assets	-	-	-	1.79	1.37
Long-Term Deferred Charges	0.21	0.27	0.26	1.8	3.27
Other Long-Term Assets	6.42	6.45	8.04	10.45	5.76
Total Assets	1,630	1,486	1,341	565.6	477.31
Accounts Payable	44.88	52.16	46.55	34.94	56.28
Accrued Expenses	23.72	18.21	15.65	14.73	14.97
Current Portion of Leases	1.33	1.14	0.07	0.78	0.75
Current Income Taxes Payable	13.83	9.58	6.05	21.61	11.33
Current Unearned Revenue	3.85	7.92	4.16	7.08	9.49
Other Current Liabilities	28.69	33.04	6.3	4.26	10.04
Total Current Liabilities	116.3	122.04	78.77	83.4	102.86
Long-Term Leases	6.1	6.98	0.1	-	0.78
Long-Term Unearned Revenue	4.79	5.39	5.85	6.22	5.59
Long-Term Deferred Tax Liabilities	9.29	7.43	6.89	6.7	6.78
Other Long-Term Liabilities	-	-	-	0.24	-
Total Liabilities	136.48	141.84	91.62	96.57	116.02
Common Stock	152.35	102.65	68	51	51
Additional Paid-In Capital	734.83	759.97	763.02	104.3	104.3
Retained Earnings	624.05	505.63	417.07	312.4	204.88
Treasury Stock	-18.86	-25.46	-	-	-
Comprehensive Income & Other	1.38	1.37	1.25	1.33	1.11
Shareholders' Equity	1,494	1,344	1,249	469.03	361.29
Total Liabilities & Equity	1,630	1,486	1,341	565.6	477.31
Total Debt	7.43	8.12	0.17	0.78	1.53
Net Cash (Debt)	1,054	1,026	943.59	246.41	204.47
Net Cash Growth	2.67%	8.77%	282.94%	20.51%	46.15%
Net Cash Per Share	6.90	6.87	6.88	2.21	1.83
Filing Date Shares Outstanding	148.75	148.95	148.95	111.71	111.71
Total Common Shares Outstanding	148.75	148.95	148.95	111.71	111.71
Working Capital	1,165	1,136	1,099	362.78	257.89
Book Value Per Share	10.04	9.02	8.39	4.20	3.23
Tangible Book Value	1,376	1,324	1,230	449.29	341.03
Tangible Book Value Per Share	9.25	8.89	8.25	4.02	3.05
Buildings	104.42	59.66	55.1	52.99	53.03
Machinery	199.4	149.06	123.92	107.08	106.47
Construction In Progress	21.36	73.59	48.05	8.41	0.93

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