SHE:301089 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	140.26	69.23	148.55	307.09	284.22
Trading Asset Securities	105.15	250.88	190.7	240.16	220.62
Cash & Short-Term Investments	245.41	320.11	339.26	547.25	504.84
Cash Growth	-23.34%	-5.64%	-38.01%	8.40%	219.08%
Accounts Receivable	126.12	151.52	235.3	205.41	103.58
Other Receivables	0.06	21.32	12.57	13.66	0.62
Receivables	126.18	172.84	247.87	219.07	104.2
Inventory	181.61	178.88	204.11	241.14	167.08
Other Current Assets	31.75	5.18	30.93	6.54	20.64
Total Current Assets	584.95	677.01	822.17	1,014	796.76
Property, Plant & Equipment	862.77	874.54	809.38	610.26	449.11
Long-Term Investments	19.7	7.95	8.37	10.86	12.54
Other Intangible Assets	80.12	81.83	84.04	84.26	84.56
Long-Term Accounts Receivable	-	0.26	-	-	-
Long-Term Deferred Tax Assets	70.98	69.58	63.71	70.36	6.51
Long-Term Deferred Charges	3.62	4	2.7	1.86	2.33
Other Long-Term Assets	43.16	43.08	48.62	51.64	41.9
Total Assets	1,665	1,758	1,839	1,843	1,394
Accounts Payable	118.01	133.21	152.55	158.58	162.94
Accrued Expenses	10.19	22.81	24.58	69.09	17.51
Short-Term Debt	-	-	-	40.03	64.5
Current Portion of Long-Term Debt	1.01	-	-	-	-
Current Portion of Leases	-	0.97	-	-	4.91
Current Income Taxes Payable	3.19	-	0	66.05	1.31
Current Unearned Revenue	1.69	0.91	5.48	71.89	2.9
Other Current Liabilities	11.86	7.43	11.9	18.32	0.53
Total Current Liabilities	145.97	165.32	194.51	423.96	254.6
Long-Term Leases	2.24	3.25	-	-	-
Long-Term Unearned Revenue	30.55	32.94	35.17	38.31	40.4
Long-Term Deferred Tax Liabilities	2.36	4.21	6.04	4.61	1.36
Total Liabilities	181.12	205.72	235.72	466.89	296.35
Common Stock	126.54	126.54	126.54	126	126
Additional Paid-In Capital	621.11	621.11	621.11	585.3	578.54
Retained Earnings	732.99	802.66	854.18	661.5	387.57
Comprehensive Income & Other	3.53	2.21	1.44	3.57	5.25
Total Common Equity	1,484	1,553	1,603	1,376	1,097
Shareholders' Equity	1,484	1,553	1,603	1,376	1,097
Total Liabilities & Equity	1,665	1,758	1,839	1,843	1,394
Total Debt	3.25	4.22	-	40.03	69.41
Net Cash (Debt)	242.16	315.89	339.26	507.22	435.43
Net Cash Growth	-23.34%	-6.89%	-33.11%	16.49%	-
Net Cash Per Share	1.91	2.54	2.69	4.02	4.37
Filing Date Shares Outstanding	129.61	126.54	126.54	126	126
Total Common Shares Outstanding	129.61	126.54	126.54	126	126
Working Capital	438.98	511.69	627.66	590.04	542.16
Book Value Per Share	11.45	12.27	12.67	10.92	8.71
Tangible Book Value	1,404	1,471	1,519	1,292	1,013
Tangible Book Value Per Share	10.83	11.62	12.01	10.25	8.04
Buildings	-	283.94	267.66	257.26	210.62
Machinery	-	420.02	382.3	354.84	301.65
Construction In Progress	-	372.68	331.03	130.48	35.59

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