SHE:301203 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	839.84	946.55	1,077	241.81	230.22
Short-Term Investments	-	50	-	-	-
Trading Asset Securities	63.04	32	-	-	-
Cash & Short-Term Investments	902.89	1,029	1,077	241.81	230.22
Cash Growth	-12.22%	-4.53%	345.55%	5.04%	-8.50%
Accounts Receivable	191.71	164.82	140.04	162.29	108.43
Other Receivables	14.32	10.88	11.53	15.56	13.88
Receivables	206.02	175.69	151.57	177.84	122.31
Inventory	0.98	14.15	2.23	2.2	1.76
Other Current Assets	76.16	4.72	10.35	11.51	4.44
Total Current Assets	1,186	1,223	1,242	433.36	358.72
Property, Plant & Equipment	251.57	239.86	211.06	165.86	90.72
Long-Term Investments	41.62	30	25	-	-
Other Intangible Assets	26.76	27.45	28.17	28.92	29.48
Long-Term Accounts Receivable	-	-	-	-	53.41
Long-Term Deferred Tax Assets	3.28	2.06	1.65	1.55	1.25
Long-Term Deferred Charges	-	-	-	4.73	0.2
Total Assets	1,509	1,522	1,507	634.42	533.79
Accounts Payable	27.53	36.9	33.37	36.01	25.68
Accrued Expenses	12.44	13.23	14.22	14.19	14.49
Current Portion of Long-Term Debt	2.53	-	-	-	-
Current Portion of Leases	-	2.55	2.13	1.79	1.52
Current Income Taxes Payable	4.77	4.18	4.26	7.63	5.13
Current Unearned Revenue	0.42	2.44	1.92	-	-
Other Current Liabilities	1.39	1.38	2.17	1.47	5.49
Total Current Liabilities	49.07	60.67	58.07	61.1	52.31
Long-Term Leases	2.3	1.82	1.3	1.66	2.16
Long-Term Unearned Revenue	-	-	-	-	0.64
Long-Term Deferred Tax Liabilities	0.02	0	0.02	0.16	0.05
Total Liabilities	51.39	62.49	59.39	62.92	55.16
Common Stock	80	80	80	60	60
Additional Paid-In Capital	894.93	894.93	894.93	58.4	58.4
Retained Earnings	466.08	472.2	460.28	441.71	353.52
Total Common Equity	1,441	1,447	1,435	560.11	471.92
Minority Interest	16.87	12.86	12.83	11.4	6.71
Shareholders' Equity	1,458	1,460	1,448	571.5	478.63
Total Liabilities & Equity	1,509	1,522	1,507	634.42	533.79
Total Debt	4.82	4.37	3.44	3.45	3.68
Net Cash (Debt)	898.07	1,024	1,074	238.36	226.53
Net Cash Growth	-12.31%	-4.63%	350.55%	5.22%	-9.96%
Net Cash Per Share	11.20	12.81	14.34	3.97	3.77
Filing Date Shares Outstanding	81.36	80	80	80	60
Total Common Shares Outstanding	81.36	80	80	60	60
Working Capital	1,137	1,162	1,183	372.27	306.42
Book Value Per Share	17.71	18.09	17.94	9.34	7.87
Tangible Book Value	1,414	1,420	1,407	531.19	442.44
Tangible Book Value Per Share	17.38	17.75	17.59	8.85	7.37
Buildings	-	22.04	22.01	35.46	35.46
Machinery	-	61.16	58.53	56.59	53.13
Construction In Progress	-	221.26	193.21	137.69	58.13