SHE:301265 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	-	883.49	991.29	1,158	245.95
Short-Term Investments	-	6.07	6.68	-	-
Trading Asset Securities	-	5.01	-	-	-
Cash & Short-Term Investments	745.88	894.57	997.98	1,158	245.95
Cash Growth	-16.62%	-10.36%	-13.85%	370.98%	21.29%
Accounts Receivable	-	627.53	629.18	591.93	532.7
Other Receivables	-	1.94	9.15	11.06	3.54
Receivables	-	629.47	638.34	603	536.24
Inventory	-	74.66	27.41	20.57	27.35
Prepaid Expenses	-	-	-	0.47	-
Other Current Assets	-	61.31	36.7	20.18	14.53
Total Current Assets	-	1,660	1,700	1,803	824.07
Property, Plant & Equipment	-	569.46	450.68	377.4	292.01
Other Intangible Assets	-	100.9	82.92	73.7	75.87
Long-Term Deferred Tax Assets	-	14.57	10.95	7.41	5.43
Long-Term Deferred Charges	-	8.43	2.96	1.4	2.56
Other Long-Term Assets	-	24.58	25.14	5.04	9.43
Total Assets	-	2,378	2,273	2,268	1,209
Accounts Payable	-	57.53	26.18	36.88	34.55
Accrued Expenses	-	22.21	22.54	38.32	33.6
Short-Term Debt	-	1.37	1.8	-	48.64
Current Portion of Long-Term Debt	-	-	-	-	21.42
Current Portion of Leases	-	2.99	3.16	2.41	0.71
Current Income Taxes Payable	-	2.04	2.94	7.16	2.63
Current Unearned Revenue	-	22.26	10.72	18.82	26.48
Other Current Liabilities	-	22.26	15.55	16.44	15.87
Total Current Liabilities	-	130.65	82.9	120.02	183.9
Long-Term Leases	-	5.64	8.73	11.1	4.91
Long-Term Unearned Revenue	-	28.03	30.74	33.64	37.02
Long-Term Deferred Tax Liabilities	-	0.09	0.13	0.19	-
Other Long-Term Liabilities	-	81.5	77.69	74.06	-
Total Liabilities	-	245.91	200.19	239.01	225.83
Common Stock	-	302.97	302.97	302.97	227.22
Additional Paid-In Capital	-	1,117	1,115	1,116	266.23
Retained Earnings	-	670.63	623.39	595.36	483.87
Treasury Stock	-	-33.51	-	-	-
Comprehensive Income & Other	-	11.08	8.87	6.56	4.3
Total Common Equity	2,115	2,068	2,050	2,021	981.63
Minority Interest	-	64.36	22.84	7.81	1.92
Shareholders' Equity	2,220	2,132	2,073	2,029	983.55
Total Liabilities & Equity	-	2,378	2,273	2,268	1,209
Total Debt	6.86	10	13.69	13.51	75.68
Net Cash (Debt)	739.02	884.57	984.29	1,145	170.28
Net Cash Growth	-16.46%	-10.13%	-14.03%	572.36%	12.26%
Net Cash Per Share	2.46	2.95	3.22	5.03	0.75
Filing Date Shares Outstanding	294.57	299.2	302.97	302.97	227.22
Total Common Shares Outstanding	294.57	299.2	302.97	302.97	227.22
Working Capital	-	1,529	1,618	1,683	640.17
Book Value Per Share	7.06	6.91	6.77	6.67	4.32
Tangible Book Value	1,966	1,967	1,967	1,947	905.76
Tangible Book Value Per Share	6.57	6.57	6.49	6.43	3.99
Buildings	-	235.84	231.44	225.35	211.17
Machinery	-	299.78	299.59	257.79	147.4
Construction In Progress	-	220.6	78.65	26.66	48.59

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