SHE:001378 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	254.01	389.54	1,206	281.38	34.75
Short-Term Investments	-	103.81	-	-	-
Trading Asset Securities	30.03	-	-	4.14	162.9
Cash & Short-Term Investments	284.03	493.35	1,206	285.52	197.65
Cash Growth	-42.43%	-59.10%	322.47%	44.45%	219.04%
Accounts Receivable	275.83	256.81	146.79	93.3	97.24
Other Receivables	0.95	0.92	3.86	0.45	0.52
Receivables	276.78	257.74	150.65	93.74	97.77
Inventory	125.57	157.31	154.19	130.35	136.24
Other Current Assets	155.59	33.07	35.95	11.09	12.41
Total Current Assets	841.98	941.47	1,547	520.7	444.06
Property, Plant & Equipment	1,024	747.89	736.07	382.6	260.15
Long-Term Investments	25.53	24.43	19.94	20.15	21.94
Other Intangible Assets	213.76	217.08	127.62	126.95	21.79
Long-Term Deferred Tax Assets	0.33	3.26	3.38	3.4	4.7
Long-Term Deferred Charges	4.14	4.68	3.36	3.51	4.27
Other Long-Term Assets	250.69	331.33	31.8	5.7	33.89
Total Assets	2,360	2,270	2,469	1,063	790.8
Accounts Payable	347.75	279.57	223.23	96.08	72.33
Accrued Expenses	21.2	24.19	19.81	29.5	31.69
Short-Term Debt	29.21	15.25	-	26.77	8.22
Current Portion of Long-Term Debt	2.68	0.33	10.31	0.94	-
Current Income Taxes Payable	10.54	0.45	-	2.14	5.9
Current Unearned Revenue	6.4	5.96	5.33	3.66	10.85
Other Current Liabilities	4.48	3.64	2.71	2.76	3.3
Total Current Liabilities	422.26	329.39	261.38	161.85	132.28
Long-Term Debt	37.06	33.22	311.39	75.1	-
Long-Term Unearned Revenue	27.31	3.82	4.9	5.98	7.05
Long-Term Deferred Tax Liabilities	2.37	9.55	7.69	5.18	3.57
Other Long-Term Liabilities	-	-	-	4.14	-
Total Liabilities	489	375.97	585.36	252.24	142.91
Common Stock	133.33	133.33	133.33	100	100
Additional Paid-In Capital	923.77	923.77	923.77	5.34	5.34
Retained Earnings	827.02	830.93	824.54	703.19	539.28
Treasury Stock	-20.06	-	-	-	-
Comprehensive Income & Other	6.87	6.15	2.17	2.25	3.27
Total Common Equity	1,871	1,894	1,884	810.77	647.89
Shareholders' Equity	1,871	1,894	1,884	810.77	647.89
Total Liabilities & Equity	2,360	2,270	2,469	1,063	790.8
Total Debt	68.95	48.8	321.7	102.82	8.22
Net Cash (Debt)	215.08	444.55	884.51	182.7	189.43
Net Cash Growth	-51.62%	-49.74%	384.14%	-3.55%	4856.07%
Net Cash Per Share	1.61	3.34	8.38	1.83	1.89
Filing Date Shares Outstanding	132.76	133.33	133.33	100	100.15
Total Common Shares Outstanding	132.76	133.33	133.33	100	100.15
Working Capital	419.73	612.09	1,286	358.86	311.77
Book Value Per Share	14.09	14.21	14.13	8.11	6.47
Tangible Book Value	1,657	1,677	1,756	683.82	626.09
Tangible Book Value Per Share	12.48	12.58	13.17	6.84	6.25
Buildings	-	279.6	274.89	124.32	124.32
Machinery	-	1,044	858.35	671.61	658.36
Construction In Progress	-	59.06	189.92	142.76	3.59

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