SHE:301111 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	143.14	159.1	131.11	179.21	485.35
Short-Term Investments	-	128.25	141.14	190.97	20.42
Trading Asset Securities	77.59	34.81	72.86	81.32	48.04
Cash & Short-Term Investments	220.73	322.16	345.11	451.51	553.81
Cash Growth	-31.49%	-6.65%	-23.57%	-18.47%	312.00%
Accounts Receivable	97.42	85.23	74	71.01	97.57
Other Receivables	2.92	2.69	3.34	2.01	1.94
Receivables	100.35	87.91	77.34	73.02	99.51
Inventory	77.31	90.13	83.43	70.69	51.91
Prepaid Expenses	-	0	-	-	-
Other Current Assets	302.52	14.99	3.78	5.73	3.62
Total Current Assets	700.9	515.2	509.66	600.95	708.84
Property, Plant & Equipment	83.51	115.24	58.59	55.94	74.55
Long-Term Investments	42.5	219.41	238.08	181.28	33.47
Goodwill	7.32	7.32	-	-	-
Other Intangible Assets	29.52	29.88	30.18	7.83	7.89
Long-Term Deferred Tax Assets	13.81	13.91	8.51	8.52	1.22
Long-Term Deferred Charges	15.79	28.71	0.4	-	-
Other Long-Term Assets	0.76	3.49	10.13	2.56	0.23
Total Assets	894.13	933.17	855.54	857.07	826.2
Accounts Payable	63.72	56	34.87	29.04	37.59
Accrued Expenses	7.49	12.71	11.4	17.25	9.38
Current Portion of Long-Term Debt	5.24	-	-	-	-
Current Portion of Leases	-	1.29	3.87	0.16	0.93
Current Income Taxes Payable	5.09	1.29	0.2	9.85	5.09
Current Unearned Revenue	13.49	12.44	5.39	26.88	5.66
Other Current Liabilities	7.24	11.13	10.24	10.19	7.44
Total Current Liabilities	102.28	94.85	65.97	93.36	66.08
Long-Term Leases	40.24	70.86	10.09	-	0.16
Long-Term Unearned Revenue	0.39	0.7	1.28	5.04	7.45
Long-Term Deferred Tax Liabilities	-	-	-	-	1.66
Total Liabilities	142.91	166.42	77.33	98.39	75.34
Common Stock	160	160	160	160	160
Additional Paid-In Capital	405.78	406.94	406.94	406.94	406.94
Retained Earnings	184.91	197.4	209.23	191.73	183.91
Total Common Equity	750.69	764.34	776.17	758.67	750.85
Minority Interest	0.53	2.41	2.03	-0	-
Shareholders' Equity	751.22	766.75	778.21	758.67	750.85
Total Liabilities & Equity	894.13	933.17	855.54	857.07	826.2
Total Debt	45.49	72.15	13.95	0.16	1.09
Net Cash (Debt)	175.24	250.01	331.15	451.35	552.72
Net Cash Growth	-29.91%	-24.50%	-26.63%	-18.34%	311.19%
Net Cash Per Share	1.17	1.80	2.08	2.84	4.64
Filing Date Shares Outstanding	118.41	160	160	160	160
Total Common Shares Outstanding	118.41	160	160	160	160
Working Capital	598.63	420.34	443.69	507.59	642.77
Book Value Per Share	6.34	4.78	4.85	4.74	4.69
Tangible Book Value	713.85	727.13	745.99	750.85	742.96
Tangible Book Value Per Share	6.03	4.54	4.66	4.69	4.64
Buildings	-	76.38	68.76	74.73	79.72
Machinery	-	86.7	78.07	78.59	93.14
Construction In Progress	-	-	0.72	0.72	-

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