SHE:300720 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	265.98	215.13	259.88	387.09	285.83
Cash & Short-Term Investments	265.98	215.13	259.88	387.09	285.83
Cash Growth	23.64%	-17.22%	-32.86%	35.43%	57.72%
Accounts Receivable	43.96	46.7	44.17	32.27	29
Other Receivables	1.21	0.99	1.36	1	0.79
Receivables	45.17	204.3	166.25	33.26	129.79
Inventory	91.85	91.88	84.31	78.66	85.96
Prepaid Expenses	-	0.07	-	-	-
Other Current Assets	108.86	7.26	6.33	4.73	4.71
Total Current Assets	511.85	518.64	516.77	503.74	506.29
Property, Plant & Equipment	67.56	69.75	90.83	85.7	87.71
Long-Term Investments	9.71	9.71	9.98	9.97	-
Other Intangible Assets	14.71	15.1	15.42	16.83	17.32
Long-Term Deferred Tax Assets	4.19	3.79	4.52	2.98	2.41
Long-Term Deferred Charges	3.59	4.77	2.81	1.29	1.47
Other Long-Term Assets	26.38	25.5	13.57	15.1	14.97
Total Assets	637.98	647.26	653.91	635.61	630.17
Accounts Payable	8.34	11.44	12.55	6.75	8.68
Accrued Expenses	11.48	12.89	12.39	15.42	13.94
Current Portion of Long-Term Debt	2.13	-	-	-	-
Current Portion of Leases	-	1.8	2.17	0.3	-
Current Income Taxes Payable	3.78	3.02	2.44	6.76	6.3
Current Unearned Revenue	23.39	22.17	20.71	15.24	20.52
Other Current Liabilities	3.72	3.3	3.48	3.17	3.54
Total Current Liabilities	52.83	54.61	53.74	47.65	52.99
Long-Term Leases	1.72	2.34	5.94	0.97	-
Long-Term Deferred Tax Liabilities	0.6	0.62	1.25	0.28	-
Total Liabilities	55.15	57.57	60.93	48.89	52.99
Common Stock	194.88	194.88	194.88	194.88	194.4
Additional Paid-In Capital	71.26	71.62	71.84	71.84	65.75
Retained Earnings	315.63	321.75	324.59	317.64	315.68
Comprehensive Income & Other	-0.64	-0.11	-0.02	0.08	0.06
Total Common Equity	581.13	588.13	591.29	584.43	575.89
Minority Interest	1.7	1.55	1.69	2.29	1.29
Shareholders' Equity	582.83	589.68	592.98	586.71	577.18
Total Liabilities & Equity	637.98	647.26	653.91	635.61	630.17
Total Debt	3.85	4.14	8.11	1.27	-
Net Cash (Debt)	262.13	210.99	251.77	385.81	285.83
Net Cash Growth	24.24%	-16.20%	-34.74%	34.98%	57.72%
Net Cash Per Share	1.36	1.08	1.29	1.98	1.47
Filing Date Shares Outstanding	185.74	194.88	194.88	194.88	194.88
Total Common Shares Outstanding	185.74	194.88	194.88	194.88	194.88
Working Capital	459.02	464.03	463.03	456.09	453.3
Book Value Per Share	3.13	3.02	3.03	3.00	2.96
Tangible Book Value	566.42	573.04	575.86	567.6	558.57
Tangible Book Value Per Share	3.05	2.94	2.96	2.91	2.87
Buildings	-	65.01	82.26	82.26	82.26
Machinery	-	48.46	47.13	42.93	40.47

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