SHE:301568 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	530.71	558	771.37	168.72	117.6
Cash & Short-Term Investments	530.71	558	771.37	168.72	117.6
Cash Growth	-4.89%	-27.66%	357.20%	43.47%	17.48%
Accounts Receivable	147.23	104.39	93.2	88.2	92.74
Receivables	147.23	104.39	93.2	88.2	92.74
Inventory	198.71	179.42	121.86	143.03	136.64
Prepaid Expenses	-	-	-	1.84	-
Other Current Assets	5.79	3.78	2.13	2.46	1.88
Total Current Assets	882.43	845.59	988.57	404.25	348.86
Property, Plant & Equipment	258.31	111.06	96.92	100.53	84.87
Long-Term Investments	36	36	-	-	-
Other Intangible Assets	4.35	4.51	4.52	4.78	4.79
Long-Term Deferred Tax Assets	1.94	1.08	0.82	0.96	1.22
Long-Term Deferred Charges	3.88	2.25	0.93	1.31	0.47
Other Long-Term Assets	9	127.61	1.39	0.47	0.53
Total Assets	1,196	1,128	1,093	512.3	440.74
Accounts Payable	33.48	33.51	31.59	32.33	21.1
Accrued Expenses	28.09	24.48	19.22	25.51	18.82
Current Portion of Leases	1.49	3.17	0.63	1.55	2.13
Current Income Taxes Payable	6.32	3.57	3.34	8.66	4.44
Current Unearned Revenue	64	44.54	22.04	41.99	46.22
Other Current Liabilities	18.35	16.95	12.06	24.2	28.53
Total Current Liabilities	151.73	126.22	88.87	134.23	121.25
Long-Term Leases	1.43	0.57	0.27	0.54	1.79
Long-Term Deferred Tax Liabilities	0.25	-	-	0.79	0.01
Other Long-Term Liabilities	-	1.08	1.28	1.11	1
Total Liabilities	153.4	127.87	90.42	136.67	124.05
Common Stock	103.26	103.26	103.26	77.44	77.44
Additional Paid-In Capital	517.96	517.96	517.66	15.76	15.05
Retained Earnings	443.23	388.91	381.82	282.43	224.2
Treasury Stock	-21.9	-9.91	-	-	-
Comprehensive Income & Other	-0.05	-	-	-	-
Shareholders' Equity	1,042	1,000	1,003	375.63	316.69
Total Liabilities & Equity	1,196	1,128	1,093	512.3	440.74
Total Debt	2.92	3.74	0.9	2.08	3.92
Net Cash (Debt)	527.79	554.26	770.47	166.63	113.68
Net Cash Growth	-4.78%	-28.06%	362.37%	46.58%	13.56%
Net Cash Per Share	5.14	5.37	9.68	2.15	1.47
Filing Date Shares Outstanding	102.58	103.26	103.26	77.44	77.44
Total Common Shares Outstanding	102.58	103.26	103.26	77.44	77.44
Working Capital	730.7	719.37	899.7	270.02	227.61
Book Value Per Share	10.16	9.69	9.71	4.85	4.09
Tangible Book Value	1,038	995.72	998.21	370.85	311.9
Tangible Book Value Per Share	10.12	9.64	9.67	4.79	4.03
Buildings	237.73	83.56	82.74	82.74	-
Machinery	57.83	49.35	31.86	27.33	18.85
Construction In Progress	5.05	3.01	-	-	70.19

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