SHE:301491 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	1,407	882.44	601.38	653.07	233.73
Trading Asset Securities	501.71	-	-	-	-
Cash & Short-Term Investments	1,909	882.44	601.38	653.07	233.73
Cash Growth	116.35%	46.73%	-7.92%	179.42%	57.76%
Accounts Receivable	420.58	206.3	121.24	124.11	150.57
Other Receivables	17.56	22.86	9.87	15.27	34.88
Receivables	438.14	229.16	131.11	139.38	185.45
Inventory	304.04	265.96	270.12	338.57	416.33
Other Current Assets	14.18	20.46	20.44	12.22	10.86
Total Current Assets	2,666	1,398	1,023	1,143	846.37
Property, Plant & Equipment	151.56	91.71	76.93	99.24	74.29
Long-Term Investments	-	-	-	-	0.06
Other Intangible Assets	15.38	15.82	5.9	6.28	5.61
Long-Term Deferred Tax Assets	9.01	5.99	3.68	3.88	4.23
Long-Term Deferred Charges	3.88	1.97	3.38	3.48	3.6
Other Long-Term Assets	0.02	1.8	0.13	1.03	1.49
Total Assets	2,845	1,515	1,113	1,257	935.65
Accounts Payable	491.17	275.33	147.92	292.16	198.05
Accrued Expenses	46.9	55.62	46.16	53.56	36.45
Short-Term Debt	-	-	-	1.93	-
Current Portion of Long-Term Debt	8.27	-	-	122	-
Current Portion of Leases	-	16.76	14.55	16.73	12.77
Current Income Taxes Payable	4.68	0.11	0.11	0.72	-
Current Unearned Revenue	41.55	32.44	41.75	47.23	68.33
Other Current Liabilities	2.3	4.28	2.23	2.89	34.55
Total Current Liabilities	594.88	384.54	252.74	537.22	350.16
Long-Term Debt	-	-	-	0.42	111.63
Long-Term Leases	27.97	9.79	19.85	32.09	15.78
Pension & Post-Retirement Benefits	-	0.94	0.75	0.58	0.75
Long-Term Deferred Tax Liabilities	68.54	57.59	37.18	32.34	20.71
Other Long-Term Liabilities	0.87	-	-	-	-
Total Liabilities	692.26	452.87	310.52	602.65	499.03
Common Stock	129	96.75	96.75	96.75	79.02
Additional Paid-In Capital	1,247	407.47	401.25	388.52	299.29
Retained Earnings	785.36	561.83	308.18	172.18	70.82
Comprehensive Income & Other	-5.41	-0.16	-0.26	0.5	-2.82
Total Common Equity	2,156	1,066	805.91	657.96	446.32
Minority Interest	-3.22	-3.47	-3.36	-3.47	-9.7
Shareholders' Equity	2,153	1,062	802.56	654.49	436.62
Total Liabilities & Equity	2,845	1,515	1,113	1,257	935.65
Total Debt	36.25	26.55	34.4	173.17	140.18
Net Cash (Debt)	1,873	855.89	566.98	479.9	93.55
Net Cash Growth	118.83%	50.96%	18.14%	413.02%	30.94%
Net Cash Per Share	17.01	8.85	5.86	4.96	-
Filing Date Shares Outstanding	127.82	96.75	96.75	96.75	-
Total Common Shares Outstanding	127.82	96.75	96.75	96.75	-
Working Capital	2,071	1,013	770.31	606.02	496.2
Book Value Per Share	16.87	11.02	8.33	6.80	-
Tangible Book Value	2,141	1,050	800.02	651.69	440.71
Tangible Book Value Per Share	16.75	10.85	8.27	6.74	-
Buildings	-	24.34	24.34	24.34	24.34
Machinery	-	94.46	93.77	93.02	79.69
Construction In Progress	-	26.89	2.17	2.37	2.22

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