SHE:301092 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	540.44	577.54	797.54	818.95	818.78
Trading Asset Securities	140.56	395.37	491.91	533.24	430.92
Cash & Short-Term Investments	680.99	972.92	1,289	1,352	1,250
Cash Growth	-30.00%	-24.55%	-4.64%	8.20%	1210.32%
Accounts Receivable	156.62	134.89	114.4	108.21	86.68
Other Receivables	5.7	43.38	21.7	10.8	12.54
Receivables	162.32	178.27	136.1	119.01	99.22
Inventory	133.31	154.01	118.51	113.31	112.99
Other Current Assets	66.91	5.59	12.04	8.43	29.1
Total Current Assets	1,044	1,311	1,556	1,593	1,491
Property, Plant & Equipment	1,043	817.37	423.5	207.71	139.04
Long-Term Investments	1.2	1.2	1.2	1.2	1.2
Other Intangible Assets	77.4	49.82	50.95	39.58	9.47
Long-Term Accounts Receivable	-	-	-	0.39	-
Long-Term Deferred Tax Assets	13.22	8.12	5.09	5	3.2
Long-Term Deferred Charges	2.95	2.04	1.75	0.37	0.55
Other Long-Term Assets	11.29	20.99	0.85	0.12	0.14
Total Assets	2,192	2,210	2,039	1,847	1,645
Accounts Payable	156.37	211.29	131.04	54.31	46.06
Accrued Expenses	27.98	33.27	30.95	26.48	23.07
Short-Term Debt	10	10.1	5.12	12.45	19.27
Current Portion of Long-Term Debt	0.14	28.02	2.02	-	-
Current Portion of Leases	-	0.13	0.12	0.11	0.09
Current Income Taxes Payable	7.06	4.99	4.78	27.94	0.27
Current Unearned Revenue	13.75	22.92	9.65	4.27	8.17
Other Current Liabilities	6.45	3.77	2.95	5.86	2.51
Total Current Liabilities	221.74	314.5	186.64	131.42	99.44
Long-Term Debt	-	-	28	-	-
Long-Term Leases	0.56	0.69	0.81	0.89	0.89
Long-Term Unearned Revenue	3.71	4.28	-	-	-
Long-Term Deferred Tax Liabilities	6.45	4.81	4.61	2.73	0.01
Total Liabilities	232.46	324.28	220.06	135.05	100.34
Common Stock	134.54	134.05	133.69	133.33	133.33
Additional Paid-In Capital	1,114	1,108	1,099	1,086	1,080
Retained Earnings	719.67	654.08	585.74	492.95	331.12
Treasury Stock	-10	-10	-	-	-
Comprehensive Income & Other	1.23	0.33	1.11	0.34	0.01
Total Common Equity	1,960	1,886	1,819	1,712	1,544
Minority Interest	-0.03	-	-	-	-
Shareholders' Equity	1,960	1,886	1,819	1,712	1,544
Total Liabilities & Equity	2,192	2,210	2,039	1,847	1,645
Total Debt	10.7	38.94	36.07	13.45	20.25
Net Cash (Debt)	670.29	933.97	1,253	1,339	1,229
Net Cash Growth	-28.23%	-25.48%	-6.38%	8.89%	1315.21%
Net Cash Per Share	5.01	6.98	9.33	10.01	11.68
Filing Date Shares Outstanding	132.75	133.63	133.42	133.33	133.33
Total Common Shares Outstanding	132.75	133.63	133.69	133.33	133.33
Working Capital	821.81	996.29	1,369	1,462	1,392
Book Value Per Share	14.76	14.11	13.61	12.84	11.58
Tangible Book Value	1,883	1,836	1,768	1,673	1,535
Tangible Book Value Per Share	14.18	13.74	13.23	12.55	11.51
Buildings	-	201.6	173.6	110.06	111.63
Machinery	-	255.04	236.92	153.11	131.66
Construction In Progress	-	545.15	173.13	90.11	30.12

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