SHE:300722 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	242.55	227.1	200.74	156.15	144.73
Cash & Short-Term Investments	242.55	227.1	200.74	156.15	144.73
Cash Growth	6.81%	13.13%	28.56%	7.89%	9.94%
Accounts Receivable	267.03	232.23	201.89	175.32	136.1
Other Receivables	0.34	0.28	0.47	0.52	0.29
Receivables	267.38	232.51	202.36	175.84	136.38
Inventory	140.13	111.52	104.54	100.13	87.43
Prepaid Expenses	-	-	-	0.06	-
Other Current Assets	8.94	15.62	11.57	7.14	4.22
Total Current Assets	659	586.76	519.22	439.32	372.76
Property, Plant & Equipment	202.61	204.34	200.26	201.81	209.91
Long-Term Investments	0.26	1.3	1.38	1.43	1.47
Goodwill	-	-	1.56	2.68	2.68
Other Intangible Assets	51.7	33.41	34.68	35.76	33.06
Long-Term Deferred Tax Assets	7.8	4.98	4.49	4.02	3.12
Long-Term Deferred Charges	-	-	0.44	1.3	-
Other Long-Term Assets	1.3	2.59	2.62	1.93	0.15
Total Assets	922.67	833.39	764.65	688.25	623.15
Accounts Payable	91.76	66.66	38.85	20.45	21.05
Accrued Expenses	40.6	28.69	29.13	29.16	25.69
Current Portion of Leases	0.58	0.45	0.26	0.78	0.43
Current Income Taxes Payable	2.7	1.77	1.95	4.93	3.03
Current Unearned Revenue	76.88	67.02	74.93	60.75	41.86
Other Current Liabilities	3.16	4.87	2.78	2.85	3.3
Total Current Liabilities	215.68	169.46	147.89	118.91	95.35
Long-Term Leases	0.03	0.34	0.07	-	-
Long-Term Unearned Revenue	11.04	9.44	10.38	9.36	7.14
Long-Term Deferred Tax Liabilities	0.12	0.13	0.07	-	-
Other Long-Term Liabilities	25.86	18.7	18.7	18.7	18.7
Total Liabilities	252.73	198.07	177.11	146.97	121.19
Common Stock	276.76	276.76	230.63	192.19	174.72
Additional Paid-In Capital	12.55	12.55	53.78	92.22	109.69
Retained Earnings	364.98	332.31	290.03	243.13	206.44
Comprehensive Income & Other	16.04	14.21	12.13	11.88	8.78
Total Common Equity	670.33	635.83	586.57	539.42	499.62
Minority Interest	-0.39	-0.52	0.98	1.86	2.34
Shareholders' Equity	669.94	635.32	587.55	541.28	501.96
Total Liabilities & Equity	922.67	833.39	764.65	688.25	623.15
Total Debt	0.61	0.79	0.33	0.78	0.43
Net Cash (Debt)	241.94	226.31	200.41	155.37	144.3
Net Cash Growth	6.91%	12.92%	29.00%	7.66%	9.62%
Net Cash Per Share	0.88	0.83	0.71	0.57	0.52
Filing Date Shares Outstanding	276.76	276.76	276.76	276.76	276.76
Total Common Shares Outstanding	276.76	276.76	276.76	276.76	276.76
Working Capital	443.32	417.3	371.32	320.4	277.41
Book Value Per Share	2.42	2.30	2.12	1.95	1.81
Tangible Book Value	618.63	602.43	550.33	500.98	463.88
Tangible Book Value Per Share	2.24	2.18	1.99	1.81	1.68
Buildings	201.54	201.13	199.72	198.54	197.14
Machinery	112.13	95.19	87.21	79.03	74.85
Construction In Progress	14.73	16.5	6.13	0.23	1.33

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