SHE:301586 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	418.45	586.63	336.25	312.13	296.88
Trading Asset Securities	210.15	-	-	-	-
Cash & Short-Term Investments	628.61	586.63	336.25	312.13	296.88
Cash Growth	7.16%	74.46%	7.73%	5.14%	100.31%
Accounts Receivable	420.32	366.11	202.26	222.24	97.32
Other Receivables	0.61	0.14	0.1	0.07	0.03
Receivables	420.93	366.26	202.36	222.31	97.35
Inventory	124.72	152.99	89.8	129.94	91.04
Other Current Assets	5.07	7.16	12.52	9.08	10.57
Total Current Assets	1,179	1,113	640.93	673.47	495.84
Property, Plant & Equipment	405.72	414.29	434.36	456.93	299.93
Long-Term Investments	5.2	5.2	5.2	5.2	5.2
Other Intangible Assets	35.55	32.24	31.16	32.6	27.4
Long-Term Deferred Tax Assets	9.74	8.31	7.23	7.45	1.22
Long-Term Deferred Charges	0.22	-	0.01	0.15	0.3
Other Long-Term Assets	0.54	2.25	2.37	1.66	59.72
Total Assets	1,636	1,575	1,121	1,177	889.61
Accounts Payable	281.44	236.63	149.36	222.86	147.38
Accrued Expenses	13.38	17.66	19.99	42.69	24.15
Short-Term Debt	0.01	2	1	40.04	57.18
Current Portion of Long-Term Debt	3.37	1	-	5.98	15.32
Current Portion of Leases	-	2.17	1.37	1.41	0.22
Current Income Taxes Payable	8.45	6.4	1.22	18.25	8.88
Current Unearned Revenue	-	-	-	-	0.14
Other Current Liabilities	2.9	24.97	1.57	36.3	0.84
Total Current Liabilities	309.55	290.83	174.51	367.54	254.12
Long-Term Debt	0.92	2.01	70.03	32.65	48
Long-Term Leases	0.82	2.51	3.28	4.47	0.23
Long-Term Unearned Revenue	32.9	29.54	30.64	29.74	-
Long-Term Deferred Tax Liabilities	-	-	1.42	1.8	-
Total Liabilities	344.18	324.89	279.89	436.2	302.34
Common Stock	82.98	82.98	62.23	62.23	62.23
Additional Paid-In Capital	648.72	648.72	337.8	337.8	337.8
Retained Earnings	553.31	512.59	435.42	332.91	182.66
Comprehensive Income & Other	7.11	6.14	5.93	8.32	4.57
Shareholders' Equity	1,292	1,250	841.37	741.26	587.27
Total Liabilities & Equity	1,636	1,575	1,121	1,177	889.61
Total Debt	5.11	9.69	75.68	84.56	120.95
Net Cash (Debt)	623.49	576.94	260.57	227.57	175.93
Net Cash Growth	8.07%	121.41%	14.50%	29.35%	203.21%
Net Cash Per Share	7.51	8.33	4.19	3.66	3.23
Filing Date Shares Outstanding	83.36	82.98	62.23	62.23	62.23
Total Common Shares Outstanding	83.36	82.98	62.23	62.23	62.23
Working Capital	869.78	822.2	466.42	305.93	241.73
Book Value Per Share	15.50	15.07	13.52	11.91	9.44
Tangible Book Value	1,257	1,218	810.22	708.65	559.87
Tangible Book Value Per Share	15.07	14.68	13.02	11.39	9.00
Buildings	-	233.66	231.73	182.57	44.87
Machinery	-	288.97	238.71	214.76	122.54
Construction In Progress	-	29.01	58.87	111.99	166.48

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