SHE:301008 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	596.36	537.93	794.15	382.97	440.34
Trading Asset Securities	312.95	239.58	81	80.56	110.16
Cash & Short-Term Investments	909.31	777.51	875.15	463.53	550.5
Cash Growth	16.95%	-11.16%	88.80%	-15.80%	1071.60%
Accounts Receivable	490.33	579.82	555.32	581.11	449.72
Other Receivables	3.21	2.89	0.95	0.21	0.46
Receivables	493.53	582.71	556.28	581.32	450.18
Inventory	191.27	152.23	149.94	125.56	123.52
Other Current Assets	7.58	4.65	3.15	3.48	1.58
Total Current Assets	1,602	1,517	1,585	1,174	1,126
Property, Plant & Equipment	472.8	435.21	355.3	251.13	207.45
Long-Term Investments	68.5	-	-	-	-
Goodwill	-	13.59	-	-	-
Other Intangible Assets	64.23	64.53	64.73	64.26	31.77
Long-Term Deferred Tax Assets	5.88	6.24	6.38	6.49	5.14
Long-Term Deferred Charges	19.92	5.15	3.28	2.16	1.82
Other Long-Term Assets	4.45	9.84	7.28	6.36	6.65
Total Assets	2,237	2,052	2,021	1,504	1,379
Accounts Payable	572.05	475.12	367.13	357.78	340.64
Accrued Expenses	42.12	39.66	33.11	28.48	25.54
Short-Term Debt	60.63	30.03	115.24	63.75	39.55
Current Portion of Leases	1.38	1.72	1.33	2.04	-
Current Income Taxes Payable	4.55	2.3	6.24	1.73	2.57
Current Unearned Revenue	2.14	2.66	1.99	1.06	2.53
Other Current Liabilities	20.36	14.22	9.79	5.28	2.22
Total Current Liabilities	703.24	565.7	534.82	460.13	413.06
Long-Term Debt	-	333.48	326.16	-	-
Long-Term Leases	1.45	3.7	4.38	5.71	-
Long-Term Unearned Revenue	23.67	18.04	19.19	8.02	5.98
Long-Term Deferred Tax Liabilities	-	0.34	-	1.49	-
Total Liabilities	728.36	921.26	884.56	475.34	419.04
Common Stock	130.96	111.93	80	80	66.67
Additional Paid-In Capital	1,086	695.99	719.59	721.33	732.92
Retained Earnings	305.27	283.71	278.68	224.77	157.5
Treasury Stock	-24.77	-24.77	-	-	-
Comprehensive Income & Other	7.31	57.45	55.66	-	-
Total Common Equity	1,505	1,124	1,134	1,026	957.09
Minority Interest	3.93	6.08	3	2.86	2.49
Shareholders' Equity	1,509	1,130	1,137	1,029	959.58
Total Liabilities & Equity	2,237	2,052	2,021	1,504	1,379
Total Debt	63.47	368.93	447.11	71.5	39.55
Net Cash (Debt)	845.84	408.58	428.04	392.03	510.95
Net Cash Growth	107.02%	-4.55%	9.19%	-23.27%	3006.22%
Net Cash Per Share	6.95	3.66	3.84	3.50	5.23
Filing Date Shares Outstanding	129.76	110.73	112	112	112
Total Common Shares Outstanding	129.76	110.73	112	112	112
Working Capital	898.44	951.4	1,050	713.77	712.73
Book Value Per Share	11.60	10.15	10.12	9.16	8.55
Tangible Book Value	1,441	1,046	1,069	961.84	925.32
Tangible Book Value Per Share	11.10	9.45	9.55	8.59	8.26
Buildings	274.16	274.16	174.2	150.64	98.67
Machinery	375.32	319.91	249.82	191.7	162.28
Construction In Progress	76.95	42.52	90.23	33.75	49.56

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