SHE:301259 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	138.1	171.54	66.83	145.77	143.77
Trading Asset Securities	163.01	102.56	127.83	43.09	-
Cash & Short-Term Investments	301.11	274.09	194.66	188.85	143.77
Cash Growth	9.86%	40.81%	3.08%	31.35%	53.25%
Accounts Receivable	258	471.29	406.85	597.71	552.52
Other Receivables	6.5	47.92	16.61	46.86	17.21
Receivables	264.5	519.21	423.46	644.57	569.72
Inventory	6.94	5.18	16.98	4.66	6.13
Prepaid Expenses	-	-	-	1.49	-
Other Current Assets	135.29	7.21	3.81	4.85	1.04
Total Current Assets	707.83	805.7	638.9	844.42	720.67
Property, Plant & Equipment	143.28	183.65	92.08	83.96	17.88
Long-Term Investments	450.68	211.38	281.8	235.29	-
Goodwill	-	-	-	1.79	-
Other Intangible Assets	36.32	43.14	11.75	12.04	12.3
Long-Term Accounts Receivable	-	-	208.62	180.27	151.46
Long-Term Deferred Tax Assets	38.09	34.33	26.47	19.91	8.64
Long-Term Deferred Charges	3.88	5.06	5.77	6.34	-
Other Long-Term Assets	374.19	375.98	178.93	170.89	-
Total Assets	1,754	1,659	1,444	1,555	910.95
Accounts Payable	281.73	414.22	330.66	427.05	392.22
Accrued Expenses	2.49	5.25	5.7	7.4	12.77
Short-Term Debt	-	12.67	-	20	5
Current Portion of Long-Term Debt	47.47	19.83	9.35	6.8	6
Current Portion of Leases	-	4.05	4.76	3.74	-
Current Income Taxes Payable	2.81	0.1	-	12.99	8.21
Current Unearned Revenue	27.7	17.4	4.24	1.17	1.59
Other Current Liabilities	51.4	58.44	63.33	64.71	44.75
Total Current Liabilities	413.59	531.97	418.04	543.87	470.53
Long-Term Debt	252.18	217.17	112	61.2	65
Long-Term Leases	19.31	14.83	29.96	33.09	-
Long-Term Unearned Revenue	-	-	0.11	1.11	1
Long-Term Deferred Tax Liabilities	4.9	4.14	7.06	6.59	-
Total Liabilities	689.98	768.11	567.17	645.85	536.53
Common Stock	156	156	156	120	90
Additional Paid-In Capital	445.12	437.66	437.66	476.6	15.01
Retained Earnings	266.33	236.23	267.07	298.23	260.27
Comprehensive Income & Other	5.27	4.58	5.24	5.95	3.76
Total Common Equity	872.73	834.47	865.98	900.78	369.04
Minority Interest	191.56	56.65	11.17	8.28	5.38
Shareholders' Equity	1,064	891.12	877.15	909.05	374.42
Total Liabilities & Equity	1,754	1,659	1,444	1,555	910.95
Total Debt	318.96	268.55	156.07	124.83	76
Net Cash (Debt)	-17.85	5.55	38.59	64.02	67.77
Net Cash Growth	-	-85.62%	-39.73%	-5.53%	-27.76%
Net Cash Per Share	-0.11	0.04	0.27	0.45	0.58
Filing Date Shares Outstanding	155.68	156	156	156	117
Total Common Shares Outstanding	155.68	156	156	156	117
Working Capital	294.24	273.73	220.86	300.55	250.14
Book Value Per Share	5.61	5.35	5.55	5.77	3.15
Tangible Book Value	836.41	791.33	854.22	886.95	356.74
Tangible Book Value Per Share	5.37	5.07	5.48	5.69	3.05
Buildings	-	42.49	43.82	34.71	-
Machinery	-	134.66	21.88	11.99	5.88
Construction In Progress	-	1.41	1.22	6.25	15.56
Order Backlog	-	193.21	-	-	-

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