SHE:300852 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	710.38	582.83	338.61	177.56	231.23
Trading Asset Securities	111.24	431.16	775.66	-	155.14
Cash & Short-Term Investments	821.62	1,014	1,114	177.56	386.38
Cash Growth	-18.97%	-9.00%	527.54%	-54.05%	-29.45%
Accounts Receivable	554.65	364.12	333.09	322.57	244.86
Other Receivables	42.66	22.21	10.52	21.22	25.69
Receivables	597.31	386.33	343.6	343.8	270.55
Inventory	295.05	162.58	133.77	128.06	103.4
Other Current Assets	2.9	2.82	1.93	344.76	16.98
Total Current Assets	1,717	1,566	1,594	994.18	777.3
Property, Plant & Equipment	1,116	889.07	603.93	548.09	469.89
Other Intangible Assets	130.75	128.04	123.52	77.52	79.19
Long-Term Deferred Tax Assets	10.69	7.08	6.85	6.37	4.84
Long-Term Deferred Charges	30.5	31.94	41.31	37.44	32.74
Other Long-Term Assets	14.3	4.66	17.71	6.12	12.91
Total Assets	3,019	2,627	2,387	1,670	1,377
Accounts Payable	578.31	371.75	262.76	296.61	212.94
Accrued Expenses	55.26	42.35	36	41.61	45.31
Current Income Taxes Payable	19.87	11.77	10.83	11.86	-
Current Unearned Revenue	1.9	0.52	0.54	0.2	0.18
Other Current Liabilities	42.39	26.98	22.16	20.91	9.76
Total Current Liabilities	697.73	453.37	332.3	371.18	268.18
Long-Term Debt	-	490	461.97	-	-
Long-Term Unearned Revenue	20.88	17.97	21.37	18.66	18.93
Long-Term Deferred Tax Liabilities	47.9	52.7	51	46.51	46.37
Other Long-Term Liabilities	3.54	3.54	3.67	1.48	3.56
Total Liabilities	770.05	1,018	870.32	437.84	337.04
Common Stock	160.52	142.45	101.93	101.93	101.93
Additional Paid-In Capital	1,083	507.57	548	548	548
Retained Earnings	970.87	862.52	752.63	581.86	389.91
Treasury Stock	-	-31.04	-	-	-
Comprehensive Income & Other	33.93	127.43	113.99	-	-
Total Common Equity	2,249	1,609	1,517	1,232	1,040
Minority Interest	0.06	-0.01	0.03	0.1	-
Shareholders' Equity	2,249	1,609	1,517	1,232	1,040
Total Liabilities & Equity	3,019	2,627	2,387	1,670	1,377
Total Debt	-	490	461.97	-	-
Net Cash (Debt)	821.62	523.99	652.3	177.56	386.38
Net Cash Growth	56.80%	-19.67%	267.37%	-54.05%	-28.46%
Net Cash Per Share	5.64	4.18	4.54	1.24	2.71
Filing Date Shares Outstanding	160.52	141.27	142.7	142.7	142.7
Total Common Shares Outstanding	160.52	141.27	142.7	142.7	142.7
Working Capital	1,019	1,112	1,261	623	509.12
Book Value Per Share	14.01	11.39	10.63	8.63	7.29
Tangible Book Value	2,118	1,481	1,393	1,154	960.65
Tangible Book Value Per Share	13.19	10.48	9.76	8.09	6.73
Buildings	344.01	314.57	155.22	155.22	148.64
Machinery	1,036	850.26	606.62	501.02	427.02
Construction In Progress	178.9	50	77.14	52.81	1.29

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