SHE:301173 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	Dec '21 Dec 31, 2021
Cash & Equivalents	257.19	125.46	333.8	323.61	351.99
Trading Asset Securities	703	171	60	30	-
Cash & Short-Term Investments	960.19	296.46	393.8	353.61	351.99
Cash Growth	223.88%	-24.72%	11.36%	0.46%	156.76%
Accounts Receivable	717.06	871.77	1,362	1,092	789.29
Other Receivables	4.24	4.08	2.88	2.34	1.97
Receivables	721.3	875.86	1,365	1,094	791.26
Inventory	365.33	388.28	399.23	343.48	379.07
Prepaid Expenses	-	9.47	9.05	0.81	0.64
Other Current Assets	34.97	44.69	20.05	15.32	20.29
Total Current Assets	2,082	1,615	2,187	1,808	1,543
Property, Plant & Equipment	372.66	461.46	421.02	340.63	340.33
Long-Term Investments	21.35	-	-	-	-
Other Intangible Assets	43.23	56.94	54.37	56.11	52.07
Long-Term Accounts Receivable	-	8.22	6.16	1.53	5.42
Long-Term Deferred Tax Assets	44.38	47.7	36.42	24.62	24.5
Long-Term Deferred Charges	43.96	59.26	59.21	82.09	62.58
Other Long-Term Assets	45.27	10.21	14.4	1.13	3.99
Total Assets	2,653	2,259	2,779	2,314	2,032
Accounts Payable	904.99	958.81	1,779	1,393	1,245
Accrued Expenses	36.28	53.19	56.58	51.44	30.9
Short-Term Debt	-	40.03	41.04	245.3	304.48
Current Portion of Long-Term Debt	12.27	-	0.04	-	6.01
Current Portion of Leases	-	13.36	9.41	12.23	9.37
Current Income Taxes Payable	28.44	26.99	17.13	17.08	1.31
Current Unearned Revenue	15.73	4.04	7.51	5.34	3.53
Other Current Liabilities	5.28	111.89	50.94	37.25	56.87
Total Current Liabilities	1,003	1,208	1,961	1,761	1,658
Long-Term Debt	-	82.41	40.06	-	-
Long-Term Leases	59.1	80.4	79.48	37.17	41.08
Long-Term Unearned Revenue	8.63	11.86	11.71	9.08	8.51
Long-Term Deferred Tax Liabilities	12.72	18.29	15.78	8.34	10.09
Other Long-Term Liabilities	41.18	41.04	31.12	22.65	32.96
Total Liabilities	1,125	1,442	2,140	1,839	1,750
Common Stock	87.83	65.88	65.88	65.88	60.31
Additional Paid-In Capital	847.14	310.19	304.4	299.26	182.09
Retained Earnings	594.29	441.28	270.48	110.82	39.45
Total Common Equity	1,529	817.34	640.75	475.96	281.85
Minority Interest	-1.26	-1.12	-1.56	-0.95	-
Shareholders' Equity	1,528	816.22	639.19	475.01	281.85
Total Liabilities & Equity	2,653	2,259	2,779	2,314	2,032
Total Debt	71.37	216.2	170.02	294.7	360.94
Net Cash (Debt)	888.81	80.26	223.77	58.91	-8.95
Net Cash Growth	1007.48%	-64.13%	279.87%	-	-
Net Cash Per Share	10.56	1.22	3.40	0.98	-0.16
Filing Date Shares Outstanding	87.84	87.83	65.88	65.88	56.01
Total Common Shares Outstanding	87.84	65.88	65.88	65.88	56.01
Working Capital	1,079	406.44	225.76	46.12	-114.4
Book Value Per Share	17.41	12.41	9.73	7.23	5.03
Tangible Book Value	1,486	760.4	586.38	419.85	229.78
Tangible Book Value Per Share	16.92	11.54	8.90	6.37	4.10
Buildings	-	85.14	85.14	85.18	85.15
Machinery	-	419.16	398.34	387.5	337.96
Construction In Progress	-	148.87	86.36	15.06	18.67

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