SHE:300693 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	Dec '21 Dec 31, 2021
Cash & Equivalents	-	524.61	541.59	332.51	256.57
Trading Asset Securities	-	372.67	263.72	165.66	40.22
Cash & Short-Term Investments	952.7	897.28	805.3	498.17	296.79
Cash Growth	6.18%	11.42%	61.65%	67.85%	-18.47%
Accounts Receivable	-	1,123	1,018	703.96	478.01
Other Receivables	-	13.38	16.6	10.9	8.14
Receivables	-	1,136	1,035	714.86	486.16
Inventory	-	701.38	726.68	482.56	271.55
Other Current Assets	-	46.55	49.37	27.86	28.04
Total Current Assets	-	2,781	2,616	1,723	1,083
Property, Plant & Equipment	-	543.84	508.57	391.9	286.15
Long-Term Investments	-	7.5	6.2	6.07	12.75
Other Intangible Assets	-	132.11	79.72	82.11	86.13
Long-Term Accounts Receivable	-	122.98	76.7	14.36	11.02
Long-Term Deferred Tax Assets	-	31.99	19.51	23.76	13.77
Long-Term Deferred Charges	-	41.84	29.64	14.36	16.02
Other Long-Term Assets	-	9.28	11.37	4.71	-
Total Assets	-	3,671	3,348	2,261	1,508
Accounts Payable	-	1,068	1,118	650.67	423.24
Accrued Expenses	-	265.05	241.44	145.82	81.96
Short-Term Debt	-	112.63	76.54	100.07	30.02
Current Portion of Leases	-	25.54	11.28	7.58	7.65
Current Income Taxes Payable	-	8.89	16.25	12.36	0.53
Current Unearned Revenue	-	251.11	284.16	155.02	69.01
Other Current Liabilities	-	19.13	10.7	25.28	13.84
Total Current Liabilities	-	1,751	1,758	1,097	626.24
Long-Term Debt	-	80	102.46	71.72	-
Long-Term Leases	-	16.67	26.84	24.98	30.79
Long-Term Unearned Revenue	-	4.16	2.86	3.96	5.01
Long-Term Deferred Tax Liabilities	-	-	0.69	0.83	-
Other Long-Term Liabilities	-	0.37	1.34	-	-
Total Liabilities	-	1,852	1,892	1,198	662.04
Common Stock	-	311.09	309.29	205.28	205.28
Additional Paid-In Capital	-	249.26	213.35	262.53	245.53
Retained Earnings	-	1,279	952.13	594.46	395.55
Treasury Stock	-	-20.98	-20.98	-	-
Comprehensive Income & Other	-	-0.09	-1.51	0.16	-0.02
Total Common Equity	1,966	1,818	1,452	1,062	846.33
Minority Interest	-	0.91	3.04	-	-
Shareholders' Equity	1,973	1,819	1,455	1,062	846.33
Total Liabilities & Equity	-	3,671	3,348	2,261	1,508
Total Debt	181.49	234.84	217.12	204.35	68.46
Net Cash (Debt)	771.21	662.44	588.19	293.82	228.33
Net Cash Growth	16.42%	12.62%	100.18%	28.68%	-29.52%
Net Cash Per Share	2.48	2.13	1.90	0.95	0.74
Filing Date Shares Outstanding	312	310.33	308.54	307.25	307.25
Total Common Shares Outstanding	312.04	310.33	308.54	307.25	307.25
Working Capital	-	1,031	857.8	626.66	456.28
Book Value Per Share	6.30	5.86	4.71	3.46	2.75
Tangible Book Value	1,834	1,686	1,373	980.32	760.2
Tangible Book Value Per Share	5.88	5.43	4.45	3.19	2.47
Buildings	-	343.15	339.34	136.56	136.56
Machinery	-	185.33	136.12	94.22	73.64
Construction In Progress	-	95.04	71.42	181.66	73.4

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