SHE:003025 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	Jan '22 Jan 1, 2022
Cash & Equivalents	363.75	245.39	138.81	246.18	161.76
Trading Asset Securities	115	80	90	135	326
Cash & Short-Term Investments	478.75	325.39	228.81	381.18	487.76
Cash Growth	47.13%	42.21%	-39.97%	-21.85%	-2.41%
Accounts Receivable	146.34	108.21	122.16	97.3	63.52
Other Receivables	2.15	2.35	2.03	4.09	3.42
Receivables	148.49	110.57	124.19	101.4	66.93
Inventory	326.66	304.8	338.13	328.03	243.3
Prepaid Expenses	-	4.72	0.39	11.09	-
Other Current Assets	1.69	0.69	4.32	2.89	3.34
Total Current Assets	955.58	746.17	695.85	824.59	801.34
Property, Plant & Equipment	606.11	584.89	478.95	378.32	294.58
Long-Term Investments	0.01	0.01	0.01	0.01	0.01
Other Intangible Assets	100.31	102.84	105.69	43.35	42.17
Long-Term Deferred Tax Assets	1.98	0.82	-	-	1.8
Other Long-Term Assets	3.37	-	0.04	14.93	0.94
Total Assets	1,667	1,435	1,281	1,261	1,141
Accounts Payable	198.04	138.39	105.46	152.19	126.08
Accrued Expenses	22.33	22.79	18.1	19.05	13.89
Current Portion of Leases	-	0.16	0.15	-	-
Current Income Taxes Payable	16.1	7.46	6.55	6.63	5.76
Current Unearned Revenue	77.44	62.12	50.78	43.31	50.53
Other Current Liabilities	65.93	8.19	9	7.88	9.36
Total Current Liabilities	379.84	239.11	190.05	229.08	205.61
Long-Term Leases	-	-	0.16	-	-
Long-Term Unearned Revenue	11.38	12.86	41.15	20.46	13.49
Long-Term Deferred Tax Liabilities	3.32	4.29	5.41	6.47	5.04
Other Long-Term Liabilities	1.27	1.31	1.06	1.35	1.51
Total Liabilities	395.82	257.57	237.84	257.35	225.66
Common Stock	283.95	236.63	236.63	163.19	112.55
Additional Paid-In Capital	235.87	283.19	283.19	356.63	407.28
Retained Earnings	759.82	657.33	522.87	484.03	395.36
Treasury Stock	-8.1	-	-	-	-
Shareholders' Equity	1,272	1,177	1,043	1,004	915.18
Total Liabilities & Equity	1,667	1,435	1,281	1,261	1,141
Total Debt	-	0.16	0.31	-	-
Net Cash (Debt)	478.75	325.23	228.5	381.18	487.76
Net Cash Growth	47.20%	42.34%	-40.06%	-21.85%	-2.41%
Net Cash Per Share	1.67	1.15	0.80	1.35	1.73
Filing Date Shares Outstanding	296.04	283.95	283.95	283.95	283.95
Total Common Shares Outstanding	296.04	283.95	283.95	283.95	283.95
Working Capital	575.74	507.06	505.8	595.51	595.73
Book Value Per Share	4.30	4.15	3.67	3.54	3.22
Tangible Book Value	1,171	1,074	937.01	960.5	873.01
Tangible Book Value Per Share	3.96	3.78	3.30	3.38	3.07
Buildings	-	397.34	294.14	268.47	96.37
Machinery	-	238.88	211.18	22.13	105.44
Construction In Progress	-	96.75	110.67	13.05	187.03

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