SHE:300990 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	476.04	165.94	202.91	217.27	96.83
Trading Asset Securities	-	200.19	211.57	439.97	837.7
Cash & Short-Term Investments	476.04	366.14	414.48	657.24	934.53
Cash Growth	30.02%	-11.66%	-36.94%	-29.67%	788.45%
Accounts Receivable	1,164	996.93	800.25	388.94	286.59
Other Receivables	4.8	1.78	1.44	1.71	1.53
Receivables	1,168	998.71	801.69	390.65	288.12
Inventory	279.08	317.17	180.58	206.29	106.54
Prepaid Expenses	-	-	0.62	-	-
Other Current Assets	21.3	11.3	6.15	13.65	4.88
Total Current Assets	1,945	1,693	1,404	1,268	1,334
Property, Plant & Equipment	623.99	648.86	611.91	428.15	268.72
Other Intangible Assets	143.7	147.65	151.91	157.6	88.05
Long-Term Deferred Tax Assets	18.62	7.7	3.84	4.3	2.87
Other Long-Term Assets	3.06	0.82	3.9	1.16	0.47
Total Assets	2,734	2,498	2,175	1,859	1,694
Accounts Payable	423.29	448.46	272.03	154.04	73.26
Accrued Expenses	76.21	72.3	61.03	35.69	28.53
Short-Term Debt	-	-	2.5	-	-
Current Portion of Long-Term Debt	5.72	-	-	-	-
Current Portion of Leases	-	3.7	3.57	0.7	0.45
Current Income Taxes Payable	19.24	18.26	16.71	-	2.94
Current Unearned Revenue	23.83	13.06	12.39	8.83	11.79
Other Current Liabilities	76.17	27.23	3.72	2.67	2.66
Total Current Liabilities	624.46	583.02	371.95	201.93	119.63
Long-Term Leases	5.7	6.36	9.88	1.17	0.54
Long-Term Unearned Revenue	17.34	18.76	15.54	12.69	14.82
Long-Term Deferred Tax Liabilities	-	-	-	6.62	2.32
Other Long-Term Liabilities	-	-	14.61	4.97	4.24
Total Liabilities	647.49	608.13	411.97	227.38	141.56
Common Stock	170.58	169.4	168.48	93.6	52
Additional Paid-In Capital	1,205	1,145	1,088	1,139	1,177
Retained Earnings	710.12	576.03	506.85	399.35	323.54
Comprehensive Income & Other	1.47	-0.47	0.25	-0.12	-0.21
Shareholders' Equity	2,087	1,890	1,763	1,632	1,553
Total Liabilities & Equity	2,734	2,498	2,175	1,859	1,694
Total Debt	11.42	10.06	15.95	1.87	1
Net Cash (Debt)	464.62	356.08	398.53	655.36	933.53
Net Cash Growth	30.48%	-10.65%	-39.19%	-29.80%	787.50%
Net Cash Per Share	2.72	2.11	2.36	3.90	6.05
Filing Date Shares Outstanding	168.19	169.4	168.48	168.48	168.48
Total Common Shares Outstanding	168.19	169.4	168.48	168.48	168.48
Working Capital	1,320	1,110	1,032	1,066	1,214
Book Value Per Share	12.41	11.16	10.46	9.68	9.22
Tangible Book Value	1,943	1,743	1,611	1,474	1,465
Tangible Book Value Per Share	11.55	10.29	9.56	8.75	8.69
Buildings	-	518.17	306.14	233.06	180.64
Machinery	-	245.29	173.42	146.33	85.68
Construction In Progress	-	7.25	205.84	103.62	39.13

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.