SHE:301231 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	435.4	496.72	548.43	630.18	189.22
Trading Asset Securities	20	-	-	-	-
Cash & Short-Term Investments	455.4	496.72	548.43	630.18	189.22
Cash Growth	-8.32%	-9.43%	-12.97%	233.04%	20.21%
Accounts Receivable	50.39	58.01	71.38	104.58	98.02
Other Receivables	3.13	1.17	1.09	0.96	0.98
Receivables	53.53	59.18	72.46	105.53	99
Inventory	174.44	143.22	154.24	144.99	131.14
Other Current Assets	21.52	26.61	32.89	21.59	25.29
Total Current Assets	704.89	725.74	808.03	902.3	444.65
Property, Plant & Equipment	96.34	43.76	36.12	28.08	24.3
Long-Term Investments	126.27	111.66	92.75	53.54	49.44
Goodwill	8.49	-	-	-	-
Other Intangible Assets	17.4	17.84	18.06	18.34	10.77
Long-Term Deferred Tax Assets	21.54	13.76	4.28	4.15	3.58
Long-Term Deferred Charges	1.09	1.22	0.78	1.02	1.38
Other Long-Term Assets	0.06	0.35	1.35	1.04	-
Total Assets	976.08	914.33	961.37	1,008	534.13
Accounts Payable	107.67	36.28	34.84	55.06	73.06
Accrued Expenses	8.44	6.2	6.02	4.45	7
Current Portion of Long-Term Debt	4.35	-	-	4	1
Current Portion of Leases	-	1.83	2.31	2.31	2.1
Current Income Taxes Payable	0.94	0.1	0.15	6.54	2.81
Current Unearned Revenue	2.51	2.97	3.32	5.57	11.81
Other Current Liabilities	3.6	0.21	0.25	0.47	3.26
Total Current Liabilities	127.52	47.59	46.89	78.41	101.04
Long-Term Debt	11.9	-	-	-	4
Long-Term Leases	0.26	0.07	1.9	4.33	0.11
Long-Term Deferred Tax Liabilities	0	-	-	0.35	0.3
Other Long-Term Liabilities	2.12	-	-	-	-
Total Liabilities	141.8	47.65	48.78	83.09	105.45
Common Stock	84.4	84.4	84.4	84.4	63.3
Additional Paid-In Capital	625.86	625.86	625.86	625.86	177.91
Retained Earnings	147.87	166	210.8	214.34	190.93
Treasury Stock	-33.96	-11.96	-10.03	-	-
Comprehensive Income & Other	1	2.37	1.55	0.77	-3.46
Total Common Equity	825.17	866.68	912.58	925.38	428.68
Minority Interest	9.11	-0	-	-	-
Shareholders' Equity	834.28	866.68	912.58	925.38	428.68
Total Liabilities & Equity	976.08	914.33	961.37	1,008	534.13
Total Debt	16.51	1.9	4.21	10.64	7.21
Net Cash (Debt)	438.89	494.82	544.22	619.54	182.01
Net Cash Growth	-11.30%	-9.08%	-12.16%	240.38%	27.83%
Net Cash Per Share	5.32	5.91	6.56	9.00	2.87
Filing Date Shares Outstanding	75	83.89	83.89	84.4	63.3
Total Common Shares Outstanding	75	83.89	84.01	84.4	63.3
Working Capital	577.38	678.15	761.14	823.89	343.61
Book Value Per Share	11.00	10.33	10.86	10.96	6.77
Tangible Book Value	799.29	848.84	894.52	907.04	417.91
Tangible Book Value Per Share	10.66	10.12	10.65	10.75	6.60
Buildings	-	22.02	22.02	22.02	22.02
Machinery	-	8.64	8.51	8.4	7.45
Construction In Progress	-	22.16	11.36	-	-

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