SHE:301377 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	417.89	231.73	202.83	861.97	67.88
Trading Asset Securities	398.56	604.86	541.68	-	-
Cash & Short-Term Investments	816.44	836.59	744.51	861.97	67.88
Cash Growth	-2.41%	12.37%	-13.63%	1169.92%	327.37%
Accounts Receivable	1,290	902.29	756.81	587.81	610.65
Other Receivables	7.39	3.29	2.81	3.6	2.65
Receivables	1,297	905.58	759.62	591.41	613.3
Inventory	580	389.13	339.79	313.78	292.51
Other Current Assets	57.2	29.41	122.1	15.06	16.32
Total Current Assets	2,751	2,161	1,966	1,782	990.01
Property, Plant & Equipment	1,353	1,098	957.61	832.89	706.06
Long-Term Investments	-	-	-	110.09	-
Other Intangible Assets	128.98	112.91	114.44	93.06	71.29
Long-Term Deferred Tax Assets	135.03	88.63	75.35	67.93	56.94
Long-Term Deferred Charges	39.66	39.59	38.82	11.68	2.4
Other Long-Term Assets	130.26	20.91	27.2	38.67	8.84
Total Assets	4,538	3,521	3,179	2,937	1,836
Accounts Payable	813.14	519.7	379.04	293.63	392.33
Accrued Expenses	131.4	85.79	71.65	71.89	55.71
Short-Term Debt	510.41	188.28	127.74	68.79	209.27
Current Portion of Long-Term Debt	0.06	37.69	45.84	42.2	2.15
Current Portion of Leases	7.38	6.4	6.13	3.96	4.31
Current Income Taxes Payable	53	25.03	16.01	11.66	17.56
Current Unearned Revenue	5.54	6.22	3.59	4.61	5.87
Other Current Liabilities	132.88	16.71	2.85	2.13	1.86
Total Current Liabilities	1,654	885.81	652.84	498.88	689.06
Long-Term Debt	75.33	22.92	80.65	136.28	117.92
Long-Term Leases	31.8	21.53	23.56	-	3.26
Long-Term Unearned Revenue	98.42	79.8	64.54	69.86	63.14
Long-Term Deferred Tax Liabilities	29.78	31.07	38.31	42.21	41.77
Total Liabilities	1,889	1,041	859.9	747.23	915.16
Common Stock	410	410	410	410	360
Additional Paid-In Capital	1,089	1,076	1,065	1,065	68.32
Retained Earnings	1,143	987.94	843.07	713.96	491.29
Comprehensive Income & Other	6.77	3	0.94	0.01	0.01
Total Common Equity	2,648	2,477	2,319	2,189	919.62
Minority Interest	0.68	2.67	0.74	0.56	0.75
Shareholders' Equity	2,649	2,479	2,320	2,189	920.38
Total Liabilities & Equity	4,538	3,521	3,179	2,937	1,836
Total Debt	624.97	276.82	283.92	251.24	336.91
Net Cash (Debt)	191.47	559.77	460.59	610.73	-269.04
Net Cash Growth	-65.80%	21.53%	-24.58%	-	-
Net Cash Per Share	0.47	1.36	1.11	1.67	-0.75
Filing Date Shares Outstanding	410	410	410	410	360
Total Common Shares Outstanding	410	410	410	410	360
Working Capital	1,097	1,275	1,313	1,283	300.95
Book Value Per Share	6.46	6.04	5.66	5.34	2.55
Tangible Book Value	2,519	2,364	2,204	2,096	848.33
Tangible Book Value Per Share	6.14	5.77	5.38	5.11	2.36
Buildings	420.56	409.5	365.81	85.71	85.49
Machinery	1,230	967.83	822.8	738.38	630.81
Construction In Progress	202.32	112.18	59.22	244.64	152.23

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