SHE:300479 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	697.64	469.2	525.77	327.03	420.46
Cash & Short-Term Investments	697.64	469.2	525.77	327.03	420.46
Cash Growth	48.69%	-10.76%	60.77%	-22.22%	271.64%
Accounts Receivable	511.1	203.39	213.96	170.42	160.82
Other Receivables	4.3	141.25	139.49	3.42	3.89
Receivables	515.4	344.64	353.45	173.84	164.71
Inventory	261.4	235.54	252.26	146.37	149.95
Other Current Assets	23.64	9.23	32.01	15.33	32.46
Total Current Assets	1,498	1,059	1,163	662.57	767.57
Property, Plant & Equipment	109.59	106.37	80.78	75.89	79.72
Long-Term Investments	2.76	2.89	12.01	41.32	42.61
Goodwill	-	-	-	-	69.26
Other Intangible Assets	32.11	29.02	34.4	43.57	55.27
Long-Term Accounts Receivable	-	33.46	15.62	9.16	12.77
Long-Term Deferred Tax Assets	25.47	23.99	19.53	16.61	14.64
Long-Term Deferred Charges	11.51	5.58	6.51	4.99	5.79
Other Long-Term Assets	69.43	0.02	-	-	-
Total Assets	1,749	1,260	1,332	854.11	1,048
Accounts Payable	545.1	390.43	221.39	79.27	88.78
Accrued Expenses	18.21	34.23	25.91	23.28	16.24
Short-Term Debt	100.87	59.84	68.04	55.85	90.13
Current Portion of Long-Term Debt	2.32	-	-	-	-
Current Portion of Leases	-	2.32	3.31	1.12	1.03
Current Income Taxes Payable	38.33	-	-	-	0.01
Current Unearned Revenue	281.92	33.01	318.04	7.14	12.75
Other Current Liabilities	140.69	147.13	116.25	8.01	6.61
Total Current Liabilities	1,127	666.96	752.93	174.66	215.57
Long-Term Leases	2.81	2.67	3.63	2.53	3.57
Long-Term Unearned Revenue	17.63	14.44	16.21	18.57	19.79
Long-Term Deferred Tax Liabilities	1.04	1.32	2	1.77	1.33
Other Long-Term Liabilities	25.04	18.34	5.2	4.64	4.36
Total Liabilities	1,174	703.73	779.97	202.17	244.62
Common Stock	197.04	197.04	197.04	197.04	197.04
Additional Paid-In Capital	529.61	529.61	529.61	529.61	539.57
Retained Earnings	-130.05	-146.84	-163.14	-93.91	22.02
Comprehensive Income & Other	-34.07	-35.11	-28.79	-3.5	-2.21
Total Common Equity	562.52	544.7	534.72	629.23	756.42
Minority Interest	12.45	11.49	17.65	22.71	46.6
Shareholders' Equity	574.97	556.19	552.37	651.95	803.01
Total Liabilities & Equity	1,749	1,260	1,332	854.11	1,048
Total Debt	106	64.83	74.98	59.49	94.74
Net Cash (Debt)	591.63	404.37	450.79	267.54	325.72
Net Cash Growth	46.31%	-10.30%	68.50%	-17.86%	6081.06%
Net Cash Per Share	3.17	1.98	2.28	1.36	1.87
Filing Date Shares Outstanding	155	197.04	197.04	197.04	197.04
Total Common Shares Outstanding	155	197.04	197.04	197.04	197.04
Working Capital	370.63	391.65	410.56	487.9	552.01
Book Value Per Share	3.63	2.76	2.71	3.19	3.84
Tangible Book Value	530.41	515.68	500.32	585.66	631.89
Tangible Book Value Per Share	3.42	2.62	2.54	2.97	3.21
Buildings	-	70.04	69.9	68.3	68.3
Machinery	-	103.07	68.45	64.8	60.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.