SHE:301366 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	289.18	666.35	889.33	190.67	72.48
Trading Asset Securities	527.78	419.47	507.99	1,179	110.8
Cash & Short-Term Investments	816.95	1,086	1,397	1,369	183.28
Cash Growth	-24.76%	-22.29%	2.04%	647.15%	-40.73%
Accounts Receivable	238.12	200.77	177.43	172.43	125.84
Other Receivables	18.59	0.57	0.66	1.13	1.23
Receivables	256.72	201.34	178.08	173.56	127.07
Inventory	293.53	252.2	240.43	224.59	212.52
Other Current Assets	76.86	51.6	20.75	32.16	26.56
Total Current Assets	1,444	1,591	1,837	1,800	549.43
Property, Plant & Equipment	1,289	1,067	765.3	495.23	376.52
Long-Term Investments	-	17.43	17.43	26.53	22.6
Goodwill	1.37	1.37	1.37	-	-
Other Intangible Assets	99.56	103.68	77.12	15.5	18.05
Long-Term Deferred Tax Assets	6.32	5.03	4.53	4.23	5.87
Long-Term Deferred Charges	7.22	3.27	4.75	4.6	6.28
Other Long-Term Assets	44.25	16.21	4.19	2.74	13.97
Total Assets	2,892	2,805	2,711	2,349	992.72
Accounts Payable	370	255.2	182.28	121.63	122.85
Accrued Expenses	64.72	61.52	52.6	56.29	38.39
Short-Term Debt	-	-	163.51	-	-
Current Portion of Long-Term Debt	9.57	-	-	-	-
Current Portion of Leases	-	8.47	9.81	9.9	7.72
Current Income Taxes Payable	14.34	5.32	6.47	12.99	14.18
Current Unearned Revenue	37.4	36.02	28.29	25.66	32.52
Other Current Liabilities	11.01	6.03	27.28	8.09	8.95
Total Current Liabilities	507.03	372.57	470.24	234.57	224.6
Long-Term Debt	217.24	175.05	-	-	-
Long-Term Leases	15.49	7.15	13.73	15.77	15.88
Long-Term Unearned Revenue	0.28	0.36	0.53	7.99	8.28
Total Liabilities	740.03	555.13	484.5	258.34	248.76
Common Stock	209.54	150	150	83.33	62.5
Additional Paid-In Capital	1,363	1,423	1,416	1,476	263.55
Retained Earnings	609.89	640.24	611.42	531.75	418.68
Treasury Stock	-30.01	-30.01	-	-	-
Comprehensive Income & Other	-0.67	-0.6	-0.63	-0.79	-0.77
Total Common Equity	2,152	2,183	2,177	2,090	743.96
Minority Interest	-	66.93	49.79	-	-
Shareholders' Equity	2,152	2,250	2,227	2,090	743.96
Total Liabilities & Equity	2,892	2,805	2,711	2,349	992.72
Total Debt	242.3	190.68	187.04	25.68	23.59
Net Cash (Debt)	574.66	895.14	1,210	1,344	159.69
Net Cash Growth	-35.80%	-26.04%	-9.93%	741.46%	-48.36%
Net Cash Per Share	2.76	4.28	5.76	7.88	1.01
Filing Date Shares Outstanding	208.07	208.38	210	210	157.5
Total Common Shares Outstanding	208.07	208.38	210	210	157.5
Working Capital	937.03	1,218	1,366	1,565	324.83
Book Value Per Share	10.34	10.47	10.37	9.95	4.72
Tangible Book Value	2,051	2,078	2,098	2,075	725.91
Tangible Book Value Per Share	9.86	9.97	9.99	9.88	4.61
Buildings	-	492.98	329.52	125.55	29.73
Machinery	-	349.7	221.35	200.78	104.02
Construction In Progress	-	329.22	274.59	203.12	258.88

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