SHE:301270 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	Dec '21 Dec 31, 2021
Cash & Equivalents	-	215.18	189.7	290.78	57.19
Trading Asset Securities	-	339.58	585.13	587.04	186.33
Cash & Short-Term Investments	325.54	554.76	774.83	877.82	243.53
Cash Growth	-41.32%	-28.40%	-11.73%	260.46%	37.28%
Accounts Receivable	-	18.25	15.78	18.57	20.37
Other Receivables	-	2.45	3.14	8.62	7.15
Receivables	-	38.7	36.92	27.2	27.52
Inventory	-	1.34	1.46	1.95	3.54
Other Current Assets	-	9.89	14.15	2.39	3.83
Total Current Assets	-	604.69	827.37	909.35	278.42
Property, Plant & Equipment	-	209.48	65.8	7.36	10.23
Long-Term Investments	-	163.75	21.6	5	-
Goodwill	-	157.83	162.7	160.65	160.65
Other Intangible Assets	-	53.6	52.14	39.14	36.05
Long-Term Accounts Receivable	-	2.57	2.99	1.28	0.96
Long-Term Deferred Tax Assets	-	5.38	4.78	2.76	2.37
Long-Term Deferred Charges	-	-	0	0.06	8.15
Other Long-Term Assets	-	16.7	12.55	16.34	13.95
Total Assets	-	1,214	1,150	1,142	510.79
Accounts Payable	-	48.2	48.52	35.55	26.78
Accrued Expenses	-	3.74	8.58	7.3	9.79
Current Portion of Leases	-	1.72	0.8	3.22	3.11
Current Income Taxes Payable	-	1.98	2.12	1.62	5.3
Current Unearned Revenue	-	8.69	5.47	5.46	6.6
Other Current Liabilities	-	143.56	2.54	0.92	0.86
Total Current Liabilities	-	207.89	68.03	54.07	52.43
Long-Term Leases	-	0.34	0.44	0.51	2.98
Long-Term Unearned Revenue	-	0.53	0.53	-	3.19
Long-Term Deferred Tax Liabilities	-	2.01	1.99	0.21	0.15
Other Long-Term Liabilities	-	0.84	1.23	0.8	1.09
Total Liabilities	-	211.61	72.22	55.59	59.85
Common Stock	-	100	100	100	75
Additional Paid-In Capital	-	805.64	797.98	796.34	240.07
Retained Earnings	-	161.7	187.27	195.83	140.48
Treasury Stock	-	-54.66	-	-	-
Comprehensive Income & Other	-	0.29	-0.17	-	-
Total Common Equity	974.55	1,013	1,085	1,092	455.55
Minority Interest	-	-10.58	-7.36	-5.8	-4.61
Shareholders' Equity	962.32	1,002	1,078	1,086	450.94
Total Liabilities & Equity	-	1,214	1,150	1,142	510.79
Total Debt	1.95	2.06	1.25	3.73	6.09
Net Cash (Debt)	323.59	552.7	773.58	874.09	237.44
Net Cash Growth	-41.45%	-28.55%	-11.50%	268.13%	33.84%
Net Cash Per Share	3.30	5.62	7.74	10.49	3.17
Filing Date Shares Outstanding	98.14	98	100	100	75
Total Common Shares Outstanding	98	98	100	100	75
Working Capital	-	396.8	759.34	855.29	225.98
Book Value Per Share	9.94	10.34	10.85	10.92	6.07
Tangible Book Value	766.97	801.54	870.23	892.37	258.84
Tangible Book Value Per Share	7.83	8.18	8.70	8.92	3.45
Buildings	-	202.58	56.88	-	-
Machinery	-	18.89	15.75	11.75	10.66

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