SHE:300922 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	223.3	438.35	499.44	368.32	427.38
Trading Asset Securities	205.16	27.02	7.63	186.03	153.3
Cash & Short-Term Investments	428.46	465.37	507.07	554.36	580.68
Cash Growth	-7.93%	-8.22%	-8.53%	-4.53%	-1.88%
Accounts Receivable	141.75	124.78	104.66	150.9	146.03
Other Receivables	0.17	0.06	0.04	0.02	0
Receivables	141.92	124.84	104.71	150.91	146.03
Inventory	25.18	34.47	40.9	36.92	43.04
Other Current Assets	3.45	1.39	4.74	1	1.26
Total Current Assets	599.01	626.06	657.42	743.19	771.01
Property, Plant & Equipment	408.67	320.53	214.2	89.52	81.71
Long-Term Investments	39.43	35.19	34.76	20.22	19.51
Goodwill	-	-	-	-	4.32
Other Intangible Assets	39.65	40.58	41.52	42.57	43.63
Long-Term Deferred Tax Assets	10.06	6.86	2.87	3.16	2.8
Long-Term Deferred Charges	1.77	1.61	1.75	1.97	0.43
Other Long-Term Assets	34.37	13.94	12.77	26.49	5.56
Total Assets	1,133	1,045	965.3	927.12	928.98
Accounts Payable	146.04	104.49	46.53	35.9	27.18
Accrued Expenses	5.43	8.32	5.77	6.13	6.56
Current Portion of Long-Term Debt	0.41	-	-	-	-
Current Income Taxes Payable	0.66	6.01	4.59	10.97	7.86
Current Unearned Revenue	2.5	2.27	9.99	0.85	1.2
Other Current Liabilities	13.67	10.02	4.92	1.24	2.11
Total Current Liabilities	168.72	131.11	71.8	55.09	44.91
Long-Term Unearned Revenue	5.57	6.2	6.72	3.02	3.36
Long-Term Deferred Tax Liabilities	3.45	4.01	4.68	3.02	3.01
Other Long-Term Liabilities	-	-	-	0.01	0.02
Total Liabilities	177.74	141.32	83.2	61.14	51.3
Common Stock	158.76	156.81	156.81	156.81	112.01
Additional Paid-In Capital	574.41	541.15	524.13	524.13	568.93
Retained Earnings	233.29	218.89	200.5	184	196.31
Treasury Stock	-15	-15	-	-	-
Comprehensive Income & Other	3.25	1.09	0.65	1.04	0.43
Total Common Equity	954.72	902.95	882.1	865.98	877.68
Minority Interest	0.5	0.5	-	-	-
Shareholders' Equity	955.22	903.45	882.1	865.98	877.68
Total Liabilities & Equity	1,133	1,045	965.3	927.12	928.98
Total Debt	0.41	-	-	-	-
Net Cash (Debt)	428.05	465.37	507.07	554.36	580.68
Net Cash Growth	-8.02%	-8.22%	-8.53%	-4.53%	-1.88%
Net Cash Per Share	2.67	3.01	3.31	3.50	3.67
Filing Date Shares Outstanding	160.75	155.27	156.81	156.81	156.81
Total Common Shares Outstanding	160.75	155.27	156.81	156.81	156.81
Working Capital	430.29	494.96	585.62	688.1	726.1
Book Value Per Share	5.94	5.82	5.63	5.52	5.60
Tangible Book Value	915.07	862.37	840.58	823.41	829.73
Tangible Book Value Per Share	5.69	5.55	5.36	5.25	5.29
Buildings	-	94.34	94.34	94.34	89.41
Machinery	-	88.29	84.91	79.98	77.92
Construction In Progress	-	259.01	146.11	16.03	6.62

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