SHE:301113 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	93.27	80.53	311.9	387.5	619.24
Trading Asset Securities	75.62	142.97	-	-	7.06
Cash & Short-Term Investments	168.89	223.5	311.9	387.5	626.3
Cash Growth	-24.44%	-28.34%	-19.51%	-38.13%	1009.39%
Accounts Receivable	27.51	40.02	30.14	21.02	78.44
Other Receivables	4.55	1.8	1.47	0.73	4.5
Receivables	32.06	41.82	31.61	21.75	82.94
Inventory	85.88	99.98	35.41	24.35	53.78
Other Current Assets	3.49	6.91	4.49	4.3	3.53
Total Current Assets	290.32	372.21	383.42	437.9	766.56
Property, Plant & Equipment	274.4	295.49	283.48	192.92	37.64
Long-Term Investments	104.57	76.6	65.06	46.39	-
Other Intangible Assets	69.3	70.9	72.31	73.87	6.58
Long-Term Deferred Tax Assets	4.56	4.11	0.87	0.28	1.11
Other Long-Term Assets	-	0.12	1.08	0.01	0.02
Total Assets	743.16	819.44	806.23	751.38	811.91
Accounts Payable	30.36	63.13	64.4	30.38	42.51
Accrued Expenses	7.83	12.78	10.29	9.78	13.75
Current Portion of Leases	-	0.05	-	-	0.19
Current Income Taxes Payable	3.37	1.47	0.37	1.47	4.02
Current Unearned Revenue	1	3.82	2.89	1.88	3.68
Other Current Liabilities	9.11	0.12	0.11	0.06	0.09
Total Current Liabilities	51.67	81.37	78.06	43.56	64.24
Long-Term Leases	-	0.02	-	-	0.19
Long-Term Unearned Revenue	1.24	1.51	1.8	2.1	-
Long-Term Deferred Tax Liabilities	5.65	0.61	-	0.22	0.01
Other Long-Term Liabilities	0.88	2.59	2.1	-	-
Total Liabilities	59.43	86.1	81.96	45.89	64.44
Common Stock	91	70	70	70	70
Additional Paid-In Capital	470.95	491.95	491.95	491.95	491.95
Retained Earnings	121.78	171.39	162.32	143.55	185.52
Shareholders' Equity	683.72	733.33	724.26	705.49	747.47
Total Liabilities & Equity	743.16	819.44	806.23	751.38	811.91
Total Debt	-	0.07	-	-	0.38
Net Cash (Debt)	168.89	223.43	311.9	387.5	625.91
Net Cash Growth	-24.41%	-28.37%	-19.51%	-38.09%	1008.72%
Net Cash Per Share	1.78	2.46	3.45	4.26	9.19
Filing Date Shares Outstanding	112.07	91	89.08	91	91
Total Common Shares Outstanding	112.07	91	89.08	91	91
Working Capital	238.65	290.84	305.36	394.34	702.32
Book Value Per Share	6.10	8.06	8.13	7.75	8.21
Tangible Book Value	614.42	662.43	651.95	631.62	740.88
Tangible Book Value Per Share	5.48	7.28	7.32	6.94	8.14
Buildings	-	266.4	250.05	28.45	28.45
Machinery	-	86.96	51.18	46.26	37.11
Construction In Progress	-	1.54	23.32	151.51	0.15

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