SHE:301153 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	1,682	1,617	1,745	1,374	579.66
Short-Term Investments	-	32.96	144.4	317.74	314.57
Trading Asset Securities	185	100	-	185	-
Cash & Short-Term Investments	1,867	1,750	1,889	1,877	894.22
Cash Growth	6.70%	-7.40%	0.69%	109.85%	29.51%
Accounts Receivable	404.73	403.01	350.69	179.47	162.67
Other Receivables	38.19	51.16	45.87	50.26	46.08
Receivables	442.92	454.17	396.56	229.72	208.74
Inventory	50.8	52.87	44.42	53.69	33.77
Other Current Assets	4.52	6.04	7.23	30.25	36.76
Total Current Assets	2,365	2,263	2,338	2,190	1,173
Property, Plant & Equipment	5.36	8.24	11.52	10.68	13.22
Long-Term Investments	3.54	9.56	11.68	13.09	15.59
Goodwill	26.76	26.76	1.03	1.03	-
Other Intangible Assets	16.24	17.45	1.47	1.11	0.42
Long-Term Deferred Tax Assets	37.73	31.02	21.78	7.37	4.71
Long-Term Deferred Charges	0.27	0.74	1.77	1.89	2.76
Other Long-Term Assets	0.9	1.88	1.48	0.92	-
Total Assets	2,456	2,358	2,388	2,226	1,210
Accounts Payable	408.96	406.9	380.73	148.3	132.77
Accrued Expenses	76.14	61.43	88.19	86.4	85.02
Short-Term Debt	0.67	-	-	-	-
Current Portion of Leases	2.23	1.91	3.23	4.17	4.2
Current Income Taxes Payable	3.14	6.85	15.23	15.54	5.36
Current Unearned Revenue	56.8	67.26	71.16	383.2	384.69
Other Current Liabilities	14.13	15.53	9.6	31.97	31.47
Total Current Liabilities	562.05	559.87	568.13	669.58	643.51
Long-Term Leases	0.68	2.13	3.19	3.15	6.8
Long-Term Deferred Tax Liabilities	-	-	0.17	0.09	-
Total Liabilities	562.73	562	571.49	672.82	650.31
Common Stock	352.85	349.92	194.4	108	81
Additional Paid-In Capital	766.01	707.51	823.56	842.73	29.94
Retained Earnings	734.09	696.2	786.17	594.58	444.13
Comprehensive Income & Other	-5.12	-	-	-	-
Total Common Equity	1,848	1,754	1,804	1,545	555.07
Minority Interest	45.32	42.68	12.82	8.19	4.82
Shareholders' Equity	1,893	1,796	1,817	1,553	559.88
Total Liabilities & Equity	2,456	2,358	2,388	2,226	1,210
Total Debt	3.57	4.04	6.42	7.32	11
Net Cash (Debt)	1,863	1,746	1,883	1,869	883.22
Net Cash Growth	6.74%	-7.30%	0.74%	111.64%	27.92%
Net Cash Per Share	5.36	5.01	5.34	5.95	3.37
Filing Date Shares Outstanding	352.85	349.92	349.92	349.92	262.44
Total Common Shares Outstanding	352.85	349.92	349.92	349.92	262.44
Working Capital	1,803	1,703	1,770	1,521	529.98
Book Value Per Share	5.24	5.01	5.16	4.42	2.12
Tangible Book Value	1,805	1,709	1,802	1,543	554.65
Tangible Book Value Per Share	5.12	4.89	5.15	4.41	2.11
Machinery	8.42	8.31	8.21	5.84	4.51

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