SHE:300581 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	38.12	83.96	232.65	203.67	85.24
Trading Asset Securities	42.07	70.15	-	141.74	-
Cash & Short-Term Investments	80.18	154.11	232.65	345.41	85.24
Cash Growth	-47.97%	-33.76%	-32.65%	305.20%	8.71%
Accounts Receivable	436.09	464.24	475.16	374.25	354.43
Other Receivables	1	0.94	1.31	1.46	1.82
Receivables	437.09	465.18	476.47	375.7	356.25
Inventory	351.09	338.88	314.41	323.31	267.8
Other Current Assets	15.84	19.41	22.15	26.3	22.14
Total Current Assets	884.2	977.58	1,046	1,071	731.43
Property, Plant & Equipment	205.92	188.2	183.28	173.01	171.46
Other Intangible Assets	20.86	21.44	22.07	22.68	23.14
Long-Term Deferred Tax Assets	28.64	18.94	15.42	9.27	7.04
Long-Term Deferred Charges	-	-	0.03	0.08	0.13
Other Long-Term Assets	2.16	12.06	-	-	-
Total Assets	1,142	1,218	1,266	1,276	933.2
Accounts Payable	161.88	164.93	179.46	192.86	147.33
Accrued Expenses	28.41	36.48	40.68	43.97	33.09
Current Portion of Leases	-	-	0.26	0.54	0.54
Current Income Taxes Payable	2.71	1.51	7.44	3.7	1.14
Current Unearned Revenue	0.15	11.65	3.6	4.46	2.39
Other Current Liabilities	20.27	3.24	0.33	0.11	0.67
Total Current Liabilities	213.42	217.81	231.77	245.63	185.16
Long-Term Leases	-	-	-	0.28	0.28
Long-Term Unearned Revenue	1.82	0.72	1.02	1.63	2.23
Long-Term Deferred Tax Liabilities	0.27	0.39	0.51	0.64	-
Total Liabilities	215.52	218.93	233.3	248.18	187.67
Common Stock	550.11	550.11	550.11	323.59	309.17
Additional Paid-In Capital	10.63	10.63	10.63	237.15	7.19
Retained Earnings	345.75	418.63	452.37	446.61	410.93
Comprehensive Income & Other	19.78	19.91	20.07	20.23	18.24
Shareholders' Equity	926.27	999.29	1,033	1,028	745.53
Total Liabilities & Equity	1,142	1,218	1,266	1,276	933.2
Total Debt	-	-	0.26	0.82	0.82
Net Cash (Debt)	80.18	154.11	232.39	344.59	84.43
Net Cash Growth	-47.97%	-33.69%	-32.56%	308.16%	7.67%
Net Cash Per Share	0.15	0.28	0.42	0.63	0.16
Filing Date Shares Outstanding	550.15	550.11	550.11	550.11	525.59
Total Common Shares Outstanding	550.15	550.11	550.11	550.11	525.59
Working Capital	670.78	759.77	813.91	825.1	546.27
Book Value Per Share	1.68	1.82	1.88	1.87	1.42
Tangible Book Value	905.41	977.85	1,011	1,005	722.39
Tangible Book Value Per Share	1.65	1.78	1.84	1.83	1.37
Buildings	-	158.17	146.38	144.96	104.27
Machinery	-	106.98	99.18	81.12	70.74
Construction In Progress	-	11.47	10.46	5.7	43.38

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