SHE:301279 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	247.48	233.15	380.12	372.36	62.7
Trading Asset Securities	207.56	130.14	0	100	-
Cash & Short-Term Investments	455.04	363.29	380.12	472.36	62.7
Cash Growth	25.25%	-4.42%	-19.53%	653.33%	-31.27%
Accounts Receivable	285.88	247.16	186.15	219.09	210.75
Other Receivables	0.49	0.97	-	-	0
Receivables	286.37	248.13	186.15	219.09	210.75
Inventory	190.78	179.35	209.97	195.9	158.27
Prepaid Expenses	-	-	-	-	1
Other Current Assets	3.28	2.06	7.57	15.16	3.94
Total Current Assets	935.47	792.83	783.81	902.5	436.66
Property, Plant & Equipment	704.12	734.62	794.16	658.45	415.41
Long-Term Investments	-	-	-	-	5.66
Other Intangible Assets	104.06	106.64	91.91	94.83	97.53
Long-Term Deferred Tax Assets	0.05	0.04	0.42	13.28	1.66
Other Long-Term Assets	24.43	25.89	16.63	24.22	33.23
Total Assets	1,768	1,660	1,687	1,693	990.15
Accounts Payable	316.03	253.25	316.84	328.71	278.98
Accrued Expenses	22.26	22.27	19.04	17.13	15.12
Short-Term Debt	49.4	44.59	16.7	15.92	2
Current Income Taxes Payable	2.66	0.02	0.01	0.14	3.38
Current Unearned Revenue	0.72	1.61	2.15	0.15	1.18
Other Current Liabilities	0.15	0.16	0.19	0.06	0.19
Total Current Liabilities	391.22	321.91	354.93	362.11	300.85
Long-Term Debt	-	-	-	-	154.44
Long-Term Unearned Revenue	13.09	15.27	13.66	2.3	3.23
Long-Term Deferred Tax Liabilities	2.93	2.22	-	9.64	-
Total Liabilities	407.24	339.39	368.59	374.04	458.53
Common Stock	129.74	100	100	100	75
Additional Paid-In Capital	852.36	883.21	883.21	883.21	202.23
Retained Earnings	386.62	347.9	335.14	336.04	254.4
Treasury Stock	-7.83	-10.48	-	-	-
Shareholders' Equity	1,361	1,321	1,318	1,319	531.63
Total Liabilities & Equity	1,768	1,660	1,687	1,693	990.15
Total Debt	49.4	44.59	16.7	15.92	156.44
Net Cash (Debt)	405.65	318.7	363.41	456.44	-93.74
Net Cash Growth	27.28%	-12.30%	-20.38%	-	-
Net Cash Per Share	3.14	2.46	2.79	3.83	-0.96
Filing Date Shares Outstanding	129.29	128.87	129.73	130	97.5
Total Common Shares Outstanding	128.87	129.17	130	130	97.5
Working Capital	544.25	470.93	428.88	540.39	135.8
Book Value Per Share	10.56	10.22	10.14	10.15	5.45
Tangible Book Value	1,257	1,214	1,226	1,224	434.1
Tangible Book Value Per Share	9.75	9.40	9.43	9.42	4.45
Buildings	406.09	406.09	457.76	259.92	93.74
Machinery	764.86	746.52	707	545.73	399.44
Construction In Progress	21.33	3.53	21.56	193.42	238.22

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