SHE:001389 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 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	410.37	635.07	431.27	178.06	191.59
Short-Term Investments	11.87	11.85	-	-	-
Trading Asset Securities	190.47	291.07	-	-	-
Cash & Short-Term Investments	612.7	937.99	431.27	178.06	191.59
Cash Growth	-34.68%	117.50%	142.20%	-7.06%	29.59%
Accounts Receivable	2,050	1,293	899.67	777.54	465.83
Other Receivables	-	69.4	55.5	42.85	27.05
Receivables	2,050	1,362	955.61	822	493.79
Inventory	764.45	458.55	396.91	446.02	191.14
Prepaid Expenses	-	0.53	5.15	-	-
Other Current Assets	266.56	89.25	13.76	7.8	10.56
Total Current Assets	3,694	2,849	1,803	1,454	887.08
Property, Plant & Equipment	3,482	2,672	1,789	1,448	837.24
Long-Term Investments	11.8	-	-	-	-
Other Intangible Assets	20.73	18.7	157.01	133.2	89.36
Long-Term Deferred Tax Assets	54.95	75.65	51.11	38.91	16.31
Long-Term Deferred Charges	-	-	3.65	5.26	5.69
Other Long-Term Assets	278.3	70.46	8.8	2.55	59.76
Total Assets	7,542	5,686	3,812	3,081	1,895
Accounts Payable	2,380	1,647	1,222	1,489	782.95
Accrued Expenses	149.25	127.31	88.23	79.04	51.96
Short-Term Debt	-	100.12	78.71	130.07	46.11
Current Portion of Long-Term Debt	362.51	120.85	47.79	0.03	-
Current Portion of Leases	0.63	0.43	9.85	-	-
Current Income Taxes Payable	41.69	31.88	32.23	1.27	0.51
Current Unearned Revenue	6.05	7.38	6.3	7.21	0.54
Other Current Liabilities	72.86	148.34	70.39	129.1	27.22
Total Current Liabilities	3,013	2,183	1,555	1,835	909.3
Long-Term Debt	318	193.95	222.04	-	12.53
Long-Term Leases	4.57	-	0.43	9.84	-
Long-Term Unearned Revenue	208.03	166.73	126.72	63.25	33.63
Long-Term Deferred Tax Liabilities	20.41	68.32	68.92	50.95	41.2
Other Long-Term Liabilities	-	-	8.8	-	99.48
Total Liabilities	3,564	2,612	1,982	1,959	1,096
Common Stock	425.66	425.27	380	380	350
Additional Paid-In Capital	-	-	645.86	631.92	440.29
Retained Earnings	-	1,375	804.45	110.11	9.02
Treasury Stock	-42.58	-52.99	-	-	-
Comprehensive Income & Other	3,595	1,327	-	-	-
Shareholders' Equity	3,978	3,074	1,830	1,122	799.31
Total Liabilities & Equity	7,542	5,686	3,812	3,081	1,895
Total Debt	685.71	415.35	358.83	139.94	58.64
Net Cash (Debt)	-73.01	522.64	72.43	38.13	132.95
Net Cash Growth	-	621.53%	89.98%	-71.32%	20.62%
Net Cash Per Share	-0.17	1.28	0.19	0.11	0.38
Filing Date Shares Outstanding	472.45	425.27	377.7	380	345.63
Total Common Shares Outstanding	425.66	425.27	377.7	380	345.63
Working Capital	680.84	665.76	247.5	-381.45	-22.22
Book Value Per Share	9.35	7.23	4.85	2.95	2.31
Tangible Book Value	3,957	3,055	1,673	988.83	709.95
Tangible Book Value Per Share	9.30	7.18	4.43	2.60	2.05
Land	-	40.03	-	-	-
Buildings	-	886.82	740.23	705.07	240.19
Machinery	-	1,647	1,419	1,078	722.76
Construction In Progress	-	739.57	255.09	73.12	232.32

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