SHE:300491 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	291.42	246.44	198.88	303.57	340.06
Cash & Short-Term Investments	291.42	246.44	198.88	303.57	340.06
Cash Growth	18.25%	23.92%	-34.49%	-10.73%	273.24%
Accounts Receivable	1,198	969.91	854.03	579.87	405.7
Other Receivables	6.34	3.7	2.72	2.43	3.63
Receivables	1,204	973.62	856.75	582.3	409.32
Inventory	328.25	264.3	269.8	227.41	132.78
Prepaid Expenses	-	-	-	-	0
Other Current Assets	25.79	21.56	24.63	22.35	9.01
Total Current Assets	1,850	1,506	1,350	1,136	891.19
Property, Plant & Equipment	439.46	379.54	369.7	194.19	160.89
Goodwill	151.7	151.7	167.21	179.71	179.71
Other Intangible Assets	71.32	68.66	70.07	30.75	34.22
Long-Term Deferred Tax Assets	24.84	17.46	10.34	11.14	7.53
Long-Term Deferred Charges	3.45	0.31	0.5	0.97	0.59
Other Long-Term Assets	-	8.81	14.66	4.3	4.65
Total Assets	2,540	2,132	1,983	1,557	1,279
Accounts Payable	801.26	592.14	527.61	386.31	178.34
Accrued Expenses	16.81	19.11	26.12	21.04	16
Short-Term Debt	152.5	152.26	171.27	107.56	79.45
Current Portion of Long-Term Debt	45.34	16.26	1.5	5	3
Current Portion of Leases	-	0.82	0.8	1.49	-
Current Income Taxes Payable	10.12	1.18	1.05	1.24	2.47
Current Unearned Revenue	22.44	10.76	9.59	4.81	3.47
Other Current Liabilities	168.15	108.08	91.88	2.02	0.99
Total Current Liabilities	1,217	900.62	829.83	529.47	283.72
Long-Term Debt	83.63	55.99	18	-	5
Long-Term Leases	1.93	0.63	1.24	-	4.51
Long-Term Unearned Revenue	29.03	24.54	12.87	13.16	16.32
Long-Term Deferred Tax Liabilities	3.59	4.39	3.93	2.37	0.17
Other Long-Term Liabilities	-	6.63	-	-	-
Total Liabilities	1,335	992.81	865.87	545	309.72
Common Stock	175.67	174.74	174.04	173.45	173.45
Additional Paid-In Capital	654.12	617.42	598.24	586.85	582.84
Retained Earnings	375.7	347.43	344.38	250.48	211.56
Total Common Equity	1,205	1,140	1,117	1,011	967.85
Minority Interest	-	-	-	0.92	1.2
Shareholders' Equity	1,205	1,140	1,117	1,012	969.05
Total Liabilities & Equity	2,540	2,132	1,983	1,557	1,279
Total Debt	283.39	225.97	192.82	114.04	91.96
Net Cash (Debt)	8.03	20.47	6.06	189.53	248.1
Net Cash Growth	-60.77%	237.85%	-96.80%	-23.61%	699.51%
Net Cash Per Share	0.05	0.12	0.03	1.11	1.53
Filing Date Shares Outstanding	187.37	174.74	174.04	173.45	173.45
Total Common Shares Outstanding	187.37	174.74	174.04	173.45	173.45
Working Capital	632.91	605.3	520.23	606.16	607.46
Book Value Per Share	6.43	6.52	6.42	5.83	5.58
Tangible Book Value	982.48	919.23	879.38	800.32	753.92
Tangible Book Value Per Share	5.24	5.26	5.05	4.61	4.35
Buildings	-	290.75	290.75	141.76	141.76
Machinery	-	218.33	186.86	118.23	95.55
Construction In Progress	-	7.51	0.68	27.32	0.53

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