SHE:301315 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	292.92	651.56	540.2	218.48	190.2
Trading Asset Securities	645.28	245.15	330.02	-	-
Cash & Short-Term Investments	938.2	896.71	870.22	218.48	190.2
Cash Growth	4.63%	3.04%	298.31%	14.87%	1.57%
Accounts Receivable	60.57	90.74	87.78	62.34	46.69
Other Receivables	0.98	13	1.94	3.33	0
Receivables	61.56	103.74	89.72	65.67	46.69
Inventory	38.41	53.36	79.53	86.48	79.02
Prepaid Expenses	-	1.67	0.62	1.07	1.46
Other Current Assets	21.44	2.35	11.09	6.79	6.3
Total Current Assets	1,060	1,058	1,051	378.49	323.67
Property, Plant & Equipment	47.8	47.66	52.77	54.21	71.75
Long-Term Investments	1.92	-	-	-	-
Goodwill	90.06	-	-	-	-
Other Intangible Assets	16.43	-	-	-	0.06
Long-Term Deferred Tax Assets	6.1	1.11	0.61	0.46	0.48
Long-Term Deferred Charges	1.44	0.39	0.46	-	-
Other Long-Term Assets	14.16	16.12	18.08	20.03	8.46
Total Assets	1,238	1,123	1,123	453.19	404.44
Accounts Payable	37.79	50.39	34.23	37.36	25.16
Accrued Expenses	14.25	5.83	12.49	12.44	10.87
Short-Term Debt	14	-	-	-	-
Current Portion of Long-Term Debt	1.45	-	-	-	-
Current Portion of Leases	-	0.14	0.33	0.11	0.3
Current Income Taxes Payable	1.99	0.78	0.01	0.81	0.01
Current Unearned Revenue	30.84	31.79	61.25	63.75	70.34
Other Current Liabilities	50.73	3.34	4.55	2.03	2.16
Total Current Liabilities	151.06	92.28	112.85	116.5	108.85
Long-Term Leases	1.83	-	0.14	0.12	-
Long-Term Unearned Revenue	-	-	0.03	0.08	0.29
Long-Term Deferred Tax Liabilities	2.42	-	-	-	0.29
Total Liabilities	155.3	92.28	113.02	116.71	109.43
Common Stock	88	88	88	66	66
Additional Paid-In Capital	665.37	665.37	665.37	71.92	71.92
Retained Earnings	272.11	278.41	257.5	199.23	157.53
Comprehensive Income & Other	-1.05	-0.99	-0.79	-0.66	-0.43
Total Common Equity	1,024	1,031	1,010	336.49	295.01
Minority Interest	57.79	0.05	-	-	-
Shareholders' Equity	1,082	1,031	1,010	336.49	295.01
Total Liabilities & Equity	1,238	1,123	1,123	453.19	404.44
Total Debt	17.29	0.14	0.46	0.24	0.3
Net Cash (Debt)	920.91	896.57	869.76	218.24	189.9
Net Cash Growth	2.71%	3.08%	298.53%	14.92%	1.41%
Net Cash Per Share	10.47	10.19	11.29	3.30	2.89
Filing Date Shares Outstanding	88.01	88	88	66	66
Total Common Shares Outstanding	88.01	88	88	66	66
Working Capital	908.54	965.56	938.33	261.99	214.83
Book Value Per Share	11.64	11.71	11.48	5.10	4.47
Tangible Book Value	917.93	1,031	1,010	336.49	294.95
Tangible Book Value Per Share	10.43	11.71	11.48	5.10	4.47
Buildings	-	87.56	87.56	85.31	116.62
Machinery	-	7.37	7.06	7.91	6.95

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