SHE:300534 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	241.33	310.02	288.95	369.24	99.12
Cash & Short-Term Investments	241.33	310.02	288.95	369.24	99.12
Cash Growth	-22.16%	7.29%	-21.75%	272.52%	-16.13%
Accounts Receivable	257.51	223.85	223.8	220.95	140.44
Other Receivables	11.06	26.99	19.5	19.7	5.53
Receivables	268.57	250.83	243.3	240.65	145.98
Inventory	115.99	115.9	97.4	85.87	55.7
Prepaid Expenses	1.94	0.04	0.16	0.2	1.4
Other Current Assets	26.46	36.74	17.19	31.57	6.51
Total Current Assets	654.3	713.53	647	727.54	308.7
Property, Plant & Equipment	531.64	519.78	439.42	333.85	305.21
Long-Term Investments	52.75	51.36	54.2	54.2	54.2
Goodwill	13.72	13.72	13.72	13.72	13.72
Other Intangible Assets	68.65	63.06	62.07	62.22	50.74
Long-Term Deferred Tax Assets	14.13	11.5	10.12	8.58	5.77
Long-Term Deferred Charges	5.68	1.66	0.23	0.14	-
Other Long-Term Assets	53.62	70.51	109.89	117.25	85.73
Total Assets	1,394	1,445	1,337	1,318	824.07
Accounts Payable	319.44	371.29	243.56	209.01	32.63
Accrued Expenses	19.19	27.39	23.11	58.51	6.3
Short-Term Debt	0.25	4.9	30.03	-	-
Current Portion of Long-Term Debt	25.08	10.2	-	-	-
Current Portion of Leases	1.45	1.16	1.19	-	-
Current Income Taxes Payable	7.67	30.91	21.1	17.48	1.78
Current Unearned Revenue	15.62	22.4	65.65	77.24	12.96
Other Current Liabilities	69.04	73.44	53.7	45.08	14.64
Total Current Liabilities	457.74	541.69	438.34	407.32	68.32
Long-Term Debt	103.35	95.84	109.6	-	-
Long-Term Leases	2.38	2.58	3.72	-	-
Long-Term Unearned Revenue	46.9	40.08	26.44	26.89	22.92
Long-Term Deferred Tax Liabilities	3.05	1.54	0.24	-	0
Other Long-Term Liabilities	-	23.75	46.8	-	-
Total Liabilities	613.42	705.47	625.14	434.21	91.24
Common Stock	303.35	303.35	303.35	303.35	303.35
Additional Paid-In Capital	97.15	92.15	66.68	324	231.49
Retained Earnings	309.01	277.19	263.68	202.03	185.42
Comprehensive Income & Other	-1.05	-2.24	-	-	-
Total Common Equity	708.45	670.45	633.71	829.38	720.25
Minority Interest	72.62	69.21	77.8	53.92	12.59
Shareholders' Equity	781.08	739.66	711.51	883.3	732.84
Total Liabilities & Equity	1,394	1,445	1,337	1,318	824.07
Total Debt	132.51	114.68	144.54	-	-
Net Cash (Debt)	108.82	195.34	144.4	369.24	99.12
Net Cash Growth	-44.29%	35.27%	-60.89%	272.52%	105.97%
Net Cash Per Share	0.36	0.64	0.48	1.22	0.33
Filing Date Shares Outstanding	303.35	303.35	303.35	303.35	303.35
Total Common Shares Outstanding	303.35	303.35	303.35	303.35	303.35
Working Capital	196.56	171.84	208.65	320.22	240.38
Book Value Per Share	2.34	2.21	2.09	2.73	2.37
Tangible Book Value	626.08	593.66	557.91	753.43	655.78
Tangible Book Value Per Share	2.06	1.96	1.84	2.48	2.16
Buildings	524.52	483.38	339.21	338.42	283.91
Machinery	240.33	205.81	148.61	125.14	66.35
Construction In Progress	5.64	27.61	105.7	6.09	37.76

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