SHE:301179 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	-	131.24	314.23	1,053	54.15
Trading Asset Securities	-	1,928	2,027	1,075	1,927
Cash & Short-Term Investments	2,319	2,059	2,341	2,127	1,981
Cash Growth	12.61%	-12.07%	10.08%	7.38%	302.91%
Accounts Receivable	-	488.97	292.97	125.23	84.85
Other Receivables	-	24.96	7.45	4.29	4.48
Receivables	-	513.93	300.42	129.52	89.34
Inventory	-	421.99	352.23	445.57	443.77
Other Current Assets	-	65.72	13.93	36.21	37.91
Total Current Assets	-	3,061	3,008	2,738	2,552
Property, Plant & Equipment	-	234.13	130.98	100.01	71.15
Other Intangible Assets	-	25.59	23.8	18.14	18.22
Long-Term Deferred Tax Assets	-	20.47	5.55	1.63	2.1
Long-Term Deferred Charges	-	-	0.37	-	-
Other Long-Term Assets	-	25.55	23.35	2.74	-
Total Assets	-	3,366	3,192	2,861	2,643
Accounts Payable	-	572.83	306.94	195.49	152.99
Accrued Expenses	-	36.19	31.46	27.3	15.51
Short-Term Debt	-	204.75	150.1	80.08	-
Current Portion of Long-Term Debt	-	13.53	177.08	0.52	-
Current Income Taxes Payable	-	11.22	20.64	50.55	23.32
Current Unearned Revenue	-	91.47	136.07	316.4	439.76
Other Current Liabilities	-	2.07	0.51	2.09	6.1
Total Current Liabilities	-	932.06	822.8	672.42	637.67
Long-Term Debt	-	37.5	-	-	-
Long-Term Leases	-	0.33	0.72	0.56	-
Long-Term Deferred Tax Liabilities	-	0.05	1.86	0.81	1.5
Total Liabilities	-	969.94	825.38	673.79	639.17
Common Stock	-	335.46	239.18	132	132
Additional Paid-In Capital	-	1,275	1,324	1,377	1,363
Retained Earnings	-	901.2	861.38	673.69	509.07
Treasury Stock	-	-99.98	-49.95	-	-
Comprehensive Income & Other	-	-0	-	-	-
Total Common Equity	2,426	2,411	2,374	2,183	2,004
Minority Interest	-	-15.11	-7.62	4.29	0.46
Shareholders' Equity	2,407	2,396	2,367	2,187	2,004
Total Liabilities & Equity	-	3,366	3,192	2,861	2,643
Total Debt	543.9	256.11	327.89	81.15	-
Net Cash (Debt)	1,775	1,803	2,014	2,046	1,981
Net Cash Growth	-1.56%	-10.47%	-1.58%	3.29%	302.91%
Net Cash Per Share	4.39	4.54	4.97	5.16	6.62
Filing Date Shares Outstanding	454.82	397.43	394.61	399.17	399.17
Total Common Shares Outstanding	454.82	397.4	398.57	399.17	399.17
Working Capital	-	2,128	2,185	2,066	1,914
Book Value Per Share	6.36	6.07	5.96	5.47	5.02
Tangible Book Value	2,401	2,386	2,350	2,165	1,985
Tangible Book Value Per Share	6.30	6.00	5.90	5.42	4.97
Buildings	-	215.79	24.56	24.56	24.56
Machinery	-	37.9	29.41	11.6	9.44
Construction In Progress	-	1.1	91	77.92	50.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.