SHE:301016 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	206.36	274.88	259.05	344.79	526.55
Trading Asset Securities	347.19	353.93	363	331.1	60
Cash & Short-Term Investments	553.55	628.81	622.05	675.89	586.55
Cash Growth	-11.97%	1.09%	-7.97%	15.23%	295.79%
Accounts Receivable	310.65	239.87	265.64	144.83	104.64
Other Receivables	0.54	0.56	0.38	1.39	0.56
Receivables	311.18	240.44	266.02	146.22	105.21
Inventory	88.33	101.73	101.98	90.7	135.28
Other Current Assets	0.73	0.57	2.38	1.36	5.69
Total Current Assets	953.8	971.55	992.43	914.17	832.73
Property, Plant & Equipment	181.03	190.61	204.89	199.82	205.45
Other Intangible Assets	35	36.02	34.36	31.8	32.26
Long-Term Deferred Tax Assets	4.16	2.92	3.11	2.58	2.86
Total Assets	1,174	1,201	1,235	1,148	1,073
Accounts Payable	108.33	128.56	191.38	146.01	155.78
Accrued Expenses	17.11	15.15	9.63	13.31	9.74
Current Income Taxes Payable	3.51	2.51	0.72	3.58	2.12
Current Unearned Revenue	0.17	2.13	2.74	2.6	3.16
Other Current Liabilities	12.06	1.47	13.76	1.1	0.69
Total Current Liabilities	141.19	149.83	218.24	166.6	171.49
Long-Term Unearned Revenue	4.98	5.35	5.71	6.07	6.43
Long-Term Deferred Tax Liabilities	0.06	-	-	-	-
Total Liabilities	146.23	155.18	223.95	172.67	177.93
Common Stock	218.4	156	120	120	120
Additional Paid-In Capital	329.48	388.63	418.99	412.44	405.88
Retained Earnings	471.96	494.74	467.09	439.26	366.45
Comprehensive Income & Other	7.78	6.31	4.75	4.01	3.03
Total Common Equity	1,028	1,046	1,011	975.71	895.37
Minority Interest	0.15	0.23	-	-	-
Shareholders' Equity	1,028	1,046	1,011	975.71	895.37
Total Liabilities & Equity	1,174	1,201	1,235	1,148	1,073
Net Cash (Debt)	553.55	628.81	622.05	675.89	586.55
Net Cash Growth	-11.97%	1.09%	-7.97%	15.23%	442.10%
Net Cash Per Share	2.53	2.88	2.87	3.11	3.07
Filing Date Shares Outstanding	218.4	218.4	218.4	218.4	218.4
Total Common Shares Outstanding	218.4	218.4	218.4	218.4	218.4
Working Capital	812.61	821.72	774.19	747.58	661.23
Book Value Per Share	4.71	4.79	4.63	4.47	4.10
Tangible Book Value	992.62	1,010	976.47	943.9	863.11
Tangible Book Value Per Share	4.54	4.62	4.47	4.32	3.95
Buildings	219.3	220.31	220.55	203.49	171.62
Machinery	108.26	100.99	100.16	95.65	90.54
Construction In Progress	1.09	1.84	0.85	3.11	30.78

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