SHE:300600 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	430.2	230.03	201.56	146.66	108.41
Short-Term Investments	50.42	19.26	-	-	-
Cash & Short-Term Investments	480.62	249.28	201.56	146.66	108.41
Cash Growth	92.80%	23.68%	37.44%	35.28%	-47.16%
Accounts Receivable	382.05	370.86	350.26	424.86	462.1
Other Receivables	0.19	0.19	0.09	-0.32	0.03
Receivables	382.23	371.04	350.35	424.54	462.14
Inventory	78.94	131.71	153.89	184.68	190.46
Prepaid Expenses	-	-	-	-	1.31
Other Current Assets	56.22	60.25	60.32	32.18	39.1
Total Current Assets	998.02	812.29	766.12	788.06	801.41
Property, Plant & Equipment	266.08	273.31	254.42	277.39	335.29
Long-Term Investments	2.67	1.16	0.21	0.8	1.32
Goodwill	0.93	0.93	0.93	0.93	0.93
Other Intangible Assets	43.28	44.94	46.67	48.1	49.75
Long-Term Deferred Tax Assets	76.63	65.14	57.33	57.73	54.84
Long-Term Deferred Charges	0.64	1.07	0.05	0.24	0.33
Other Long-Term Assets	56.38	30.58	33.57	43.21	35.57
Total Assets	1,445	1,229	1,159	1,216	1,279
Accounts Payable	143.68	85.26	62.73	101.19	132.6
Accrued Expenses	67.9	71.72	65.13	8.35	12.28
Short-Term Debt	-	24.19	68.67	169.44	175
Current Portion of Leases	1.68	1.84	-	-	-
Current Income Taxes Payable	4.52	4.27	5.37	6.6	3.81
Current Unearned Revenue	4.5	14.66	10.98	52.17	47.61
Other Current Liabilities	7.17	11.02	2.32	7.85	36.28
Total Current Liabilities	229.45	212.97	215.2	345.6	407.58
Long-Term Leases	2.78	4.25	-	-	-
Long-Term Unearned Revenue	-	0.23	0.5	0.77	1.04
Long-Term Deferred Tax Liabilities	0	0	0	0	0.01
Other Long-Term Liabilities	7.75	7.76	-	-	-
Total Liabilities	239.99	225.21	215.7	346.36	408.63
Common Stock	294.23	294.23	294.23	294.23	294.23
Additional Paid-In Capital	779.07	522.55	422.55	317.55	318.2
Retained Earnings	131.03	186.05	224.12	253.29	253.76
Comprehensive Income & Other	-0.25	-	-	-	-
Total Common Equity	1,204	1,003	940.91	865.08	866.19
Minority Interest	0.56	1.38	2.68	5.02	4.63
Shareholders' Equity	1,205	1,004	943.59	870.1	870.82
Total Liabilities & Equity	1,445	1,229	1,159	1,216	1,279
Total Debt	4.47	30.28	68.67	169.44	175
Net Cash (Debt)	476.15	219.01	132.89	-22.79	-66.59
Net Cash Growth	117.42%	64.80%	-	-	-
Net Cash Per Share	1.64	0.75	0.46	-0.08	-0.22
Filing Date Shares Outstanding	294.23	294.23	294.23	294.23	294.23
Total Common Shares Outstanding	294.23	294.23	294.23	294.23	294.23
Working Capital	768.56	599.32	550.91	442.46	393.83
Book Value Per Share	4.09	3.41	3.20	2.94	2.94
Tangible Book Value	1,160	956.96	893.31	816.05	815.51
Tangible Book Value Per Share	3.94	3.25	3.04	2.77	2.77
Buildings	330.97	304.15	-	307.14	322.88
Machinery	116.7	118.32	-	95.46	97.09
Construction In Progress	15.72	30.27	0.57	2.71	28.78

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