SHE:301499 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	-	62.44	43.9	44.68	10.3
Trading Asset Securities	-	269.69	429.97	-	-
Cash & Short-Term Investments	264.9	332.13	473.87	44.68	10.3
Cash Growth	-20.24%	-29.91%	960.70%	333.80%	-56.88%
Accounts Receivable	-	327.15	261.53	181.01	178.55
Other Receivables	-	1.9	0.61	0.4	0.1
Receivables	-	329.04	262.14	181.41	178.65
Inventory	-	210.93	176.74	178.73	167.13
Other Current Assets	-	4.96	8.33	20.56	14.08
Total Current Assets	-	877.06	921.07	425.38	370.16
Property, Plant & Equipment	-	581.84	539.94	521.94	496.57
Other Intangible Assets	-	36.69	30.47	30.64	32.64
Long-Term Deferred Tax Assets	-	3.39	2.34	3.37	4.62
Long-Term Deferred Charges	-	37.71	15.12	16.05	8.42
Other Long-Term Assets	-	5.65	6.52	3.68	16.71
Total Assets	-	1,542	1,515	1,001	929.13
Accounts Payable	-	128.47	106.98	79.1	93.01
Accrued Expenses	-	33.98	20.04	19.21	25
Short-Term Debt	-	7.37	1.42	148.37	101.8
Current Portion of Long-Term Debt	-	1.7	19.85	19.77	14.94
Current Portion of Leases	-	0.72	-	-	-
Current Income Taxes Payable	-	4.19	6.36	0.21	4.85
Current Unearned Revenue	-	1.66	1.02	4.35	11.88
Other Current Liabilities	-	52.94	40.26	65.96	61.82
Total Current Liabilities	-	231.03	195.94	336.98	313.3
Long-Term Debt	-	21.7	70.03	89.8	109.57
Long-Term Leases	-	1.12	-	-	-
Long-Term Unearned Revenue	-	26.01	9.52	0.39	0.55
Total Liabilities	-	279.87	275.48	427.17	423.43
Common Stock	-	138.25	138.25	103.69	103.69
Additional Paid-In Capital	-	919.25	918.67	351.33	350.73
Retained Earnings	-	205.15	183.07	118.87	51.28
Comprehensive Income & Other	-	-0.19	-	-	-
Total Common Equity	1,279	1,262	1,240	573.89	505.7
Shareholders' Equity	1,279	1,262	1,240	573.89	505.7
Total Liabilities & Equity	-	1,542	1,515	1,001	929.13
Total Debt	33.79	32.61	91.3	257.95	226.32
Net Cash (Debt)	231.11	299.52	382.57	-213.27	-216.02
Net Cash Growth	-22.84%	-21.71%	-	-	-
Net Cash Per Share	1.66	2.18	3.22	-2.06	-2.08
Filing Date Shares Outstanding	138.25	138.25	138.25	103.69	103.69
Total Common Shares Outstanding	138.25	138.25	138.25	103.69	103.69
Working Capital	-	646.03	725.14	88.4	56.86
Book Value Per Share	9.25	9.13	8.97	5.53	4.88
Tangible Book Value	1,243	1,226	1,210	543.25	473.06
Tangible Book Value Per Share	8.99	8.87	8.75	5.24	4.56
Land	-	28.44	-	-	-
Buildings	-	311.25	311.25	300.41	300.2
Machinery	-	550.03	502.59	477.9	438.86
Construction In Progress	-	80.43	75	51.83	18.75

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