SHE:001380 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	367.3	205.96	521.72	141.02	49.52
Short-Term Investments	-	-	-	6.97	18.7
Trading Asset Securities	185.81	279.64	256.63	0.7	1.03
Cash & Short-Term Investments	553.11	485.6	778.35	148.68	69.24
Cash Growth	13.90%	-37.61%	423.50%	114.72%	23.40%
Accounts Receivable	1,288	1,312	807.22	499.24	419.77
Other Receivables	22.62	16.24	12.53	9.88	7.09
Receivables	1,310	1,328	819.75	509.12	426.86
Inventory	261.5	253.32	192.65	142.59	112.54
Other Current Assets	91.51	40.79	41.68	32.03	12.84
Total Current Assets	2,216	2,108	1,832	832.42	621.49
Property, Plant & Equipment	599.28	469.17	375.8	233.99	216.84
Long-Term Investments	5	-	-	-	-
Other Intangible Assets	151.14	121.92	91.67	33.04	34.31
Long-Term Accounts Receivable	0.04	0.06	0.06	0.06	0.17
Long-Term Deferred Tax Assets	4.55	1.13	3.43	2.35	0.55
Long-Term Deferred Charges	0.8	0.61	-	0.04	0.08
Other Long-Term Assets	21.7	10.98	15.05	6.52	3.43
Total Assets	2,999	2,712	2,318	1,108	876.87
Accounts Payable	763.31	753.92	614.05	340.39	224.38
Accrued Expenses	60.14	44.64	26.67	25.86	21.93
Short-Term Debt	111.39	125	82	41.05	100.74
Current Portion of Long-Term Debt	-	-	-	49.67	-
Current Portion of Leases	1.37	1.12	0.99	0.57	0.36
Current Income Taxes Payable	28.57	13.06	13.79	9.28	0.4
Current Unearned Revenue	8.61	2.42	1.64	1.06	1.83
Other Current Liabilities	18.62	30.6	6.49	14.77	29.67
Total Current Liabilities	992.01	970.77	745.62	482.65	379.32
Long-Term Debt	-	-	25.03	33.04	-
Long-Term Leases	1.86	1.27	1.87	1.32	0.92
Long-Term Unearned Revenue	6.99	8.97	9.93	8.92	8.61
Long-Term Deferred Tax Liabilities	20.15	16.41	7.98	7.19	7.09
Other Long-Term Liabilities	5.81	4.35	3.28	2.51	1.56
Total Liabilities	1,027	1,002	793.7	535.62	397.51
Common Stock	270.85	183.01	128.88	96.66	96.66
Additional Paid-In Capital	761.45	845.52	903.38	119.93	119.93
Retained Earnings	883.68	663.5	475.75	346.47	253.11
Treasury Stock	-	-11.49	-	-	-
Comprehensive Income & Other	12.02	8.22	3.68	0.37	-
Total Common Equity	1,928	1,689	1,512	563.44	469.7
Minority Interest	44.01	21.26	13.06	9.35	9.66
Shareholders' Equity	1,972	1,710	1,525	572.79	479.36
Total Liabilities & Equity	2,999	2,712	2,318	1,108	876.87
Total Debt	114.62	127.39	109.89	125.65	102.03
Net Cash (Debt)	438.5	358.2	668.45	23.03	-32.78
Net Cash Growth	22.41%	-46.41%	2802.10%	-	-
Net Cash Per Share	1.63	1.33	2.75	0.11	-0.16
Filing Date Shares Outstanding	270.85	269.35	270.85	203.14	203.14
Total Common Shares Outstanding	270.85	269.35	270.85	203.14	203.14
Working Capital	1,224	1,137	1,087	349.77	242.16
Book Value Per Share	7.12	6.27	5.58	2.77	2.31
Tangible Book Value	1,777	1,567	1,420	530.4	435.39
Tangible Book Value Per Share	6.56	5.82	5.24	2.61	2.14
Buildings	247.99	158.57	146.44	101.88	101.88
Machinery	633.47	488.86	386.15	290.63	254.36
Construction In Progress	45.66	62.17	41.24	13.57	4.84

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