SHE:301479 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	216.05	126.4	99.52	46.75
Cash & Short-Term Investments	614.02	216.05	126.4	99.52	46.75
Cash Growth	184.21%	70.93%	27.01%	112.89%	131.20%
Accounts Receivable	-	231.79	177.77	141.03	64.5
Other Receivables	-	3.49	2.2	0.81	3.25
Receivables	-	235.28	179.97	141.85	67.75
Inventory	-	202.9	125.04	92.19	67.94
Prepaid Expenses	-	-	-	1.76	1.1
Other Current Assets	-	41.62	26.21	20.85	11.07
Total Current Assets	-	695.85	457.63	356.16	194.6
Property, Plant & Equipment	-	322.77	248.07	202.4	73.5
Other Intangible Assets	-	13.21	14.81	10.51	1.31
Long-Term Deferred Tax Assets	-	7.37	7.04	7.91	2.79
Long-Term Deferred Charges	-	18.81	12.26	8.4	2.53
Other Long-Term Assets	-	10.34	12.88	7.55	9.37
Total Assets	-	1,068	752.69	592.93	284.1
Accounts Payable	-	270.4	144.64	173.18	61.04
Accrued Expenses	-	40.56	26.29	11.65	8.08
Short-Term Debt	-	117.9	74.89	44.28	30.8
Current Portion of Long-Term Debt	-	0.2	11.9	11.64	6.56
Current Portion of Leases	-	2.99	3.4	2.23	2.05
Current Income Taxes Payable	-	4.93	2.86	-	0
Current Unearned Revenue	-	0.52	0.97	0.26	0.97
Other Current Liabilities	-	19.97	25.92	1.8	3.69
Total Current Liabilities	-	457.48	290.86	245.05	113.19
Long-Term Debt	-	9.7	24.62	27.2	13.8
Long-Term Leases	-	1.36	4.36	5.88	7.88
Long-Term Unearned Revenue	-	5.57	3.86	3.65	4.19
Long-Term Deferred Tax Liabilities	-	4.22	5.16	4.56	-
Total Liabilities	-	478.33	328.86	286.33	139.07
Common Stock	-	47.66	47.66	47.66	42.48
Additional Paid-In Capital	-	159.87	158.91	158.1	58.18
Retained Earnings	-	382.48	217.26	100.83	44.38
Shareholders' Equity	1,231	590.01	423.83	306.59	145.03
Total Liabilities & Equity	-	1,068	752.69	592.93	284.1
Total Debt	165.81	132.16	119.16	91.24	61.09
Net Cash (Debt)	448.21	83.89	7.23	8.28	-14.35
Net Cash Growth	434.31%	1059.60%	-12.63%	-	-
Net Cash Per Share	5.37	1.26	0.11	0.13	-0.26
Filing Date Shares Outstanding	84.12	66.72	67.07	66.72	54.77
Total Common Shares Outstanding	88.97	66.72	67.07	66.72	54.77
Working Capital	-	238.37	166.77	111.11	81.4
Book Value Per Share	13.83	8.84	6.32	4.59	2.65
Tangible Book Value	1,166	576.8	409.01	296.08	143.72
Tangible Book Value Per Share	13.10	8.64	6.10	4.44	2.62
Buildings	-	55.43	53.2	49.3	-
Machinery	-	358.36	246.36	183.35	88.53
Construction In Progress	-	0.61	2.05	0.6	0.84

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