SHE:300092 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	428.51	295	146.55	224.15	136.39
Trading Asset Securities	130	341	495	-	0
Cash & Short-Term Investments	558.51	636	641.55	224.15	136.39
Cash Growth	-12.18%	-0.86%	186.22%	64.34%	33.66%
Accounts Receivable	714.26	731.53	628.06	576.43	565.28
Other Receivables	12.52	19.27	14.49	13.39	12.28
Receivables	726.77	750.8	642.55	589.82	577.57
Inventory	461.6	462.97	614.34	612.61	403.63
Prepaid Expenses	-	0.01	0	2.08	-
Other Current Assets	81.75	131.14	79.51	102.63	44.63
Total Current Assets	1,829	1,981	1,978	1,531	1,162
Property, Plant & Equipment	283.64	250.35	219.65	179.07	180.84
Long-Term Investments	3.98	3.34	3.36	4.57	-
Other Intangible Assets	31.07	30.37	28.21	19.4	22.61
Long-Term Accounts Receivable	-	58.96	127.92	62.09	-
Long-Term Deferred Tax Assets	35.86	24.61	21.38	17.83	15.33
Other Long-Term Assets	89.51	6.18	7.03	3.59	7.56
Total Assets	2,273	2,355	2,386	1,818	1,389
Accounts Payable	213.6	182.07	226.49	296.07	222.11
Accrued Expenses	23.54	26.73	39.95	25.82	31.23
Current Income Taxes Payable	23.65	5.28	11.58	8.53	5.25
Current Unearned Revenue	333.91	482.02	564.7	594.81	354.64
Other Current Liabilities	37.91	19.81	17.04	42.43	24.04
Total Current Liabilities	632.6	715.91	859.75	967.66	637.28
Long-Term Unearned Revenue	7.09	5.94	2.8	2.93	4.06
Other Long-Term Liabilities	-	0.46	-	-	-
Total Liabilities	639.69	722.32	862.55	970.59	641.33
Common Stock	273.92	273.92	273.92	231.6	231.6
Additional Paid-In Capital	763.18	763.18	763.18	239.69	239.69
Retained Earnings	589.1	590.28	483.99	375.27	266.78
Comprehensive Income & Other	6.8	5.02	1.85	0.7	0.41
Total Common Equity	1,633	1,632	1,523	847.25	738.47
Minority Interest	-	-	-	-	8.75
Shareholders' Equity	1,633	1,632	1,523	847.25	747.22
Total Liabilities & Equity	2,273	2,355	2,386	1,818	1,389
Net Cash (Debt)	558.51	636	641.55	224.15	136.39
Net Cash Growth	-12.18%	-0.86%	186.22%	64.34%	33.66%
Net Cash Per Share	2.04	2.32	2.40	0.97	0.59
Filing Date Shares Outstanding	274.03	273.92	273.92	273.92	231.6
Total Common Shares Outstanding	274.03	273.92	273.92	231.6	231.6
Working Capital	1,196	1,265	1,118	563.63	524.94
Book Value Per Share	5.96	5.96	5.56	3.66	3.19
Tangible Book Value	1,602	1,602	1,495	827.84	715.86
Tangible Book Value Per Share	5.85	5.85	5.46	3.57	3.09
Buildings	-	212.07	189.17	187.31	186.23
Machinery	-	306.12	276.08	241.54	223.82
Construction In Progress	-	15.93	21.2	1.61	-

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