SHE:301595 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	316.99	313.97	278.31	203.25	190.49
Trading Asset Securities	301.87	-	-	-	-
Cash & Short-Term Investments	618.86	313.97	278.31	203.25	190.49
Cash Growth	97.11%	12.81%	36.93%	6.70%	63.92%
Accounts Receivable	64.44	47.43	40.32	31.37	29.83
Other Receivables	2.7	1.3	2.88	2.11	2.17
Receivables	67.14	48.73	43.19	33.48	32
Inventory	120.5	114.64	90.16	85.96	97.9
Prepaid Expenses	0.39	0.48	0	0.97	-
Other Current Assets	36.03	24.09	20.07	10.69	8.91
Total Current Assets	842.93	501.91	431.73	334.35	329.29
Property, Plant & Equipment	210.62	161.53	162.51	176.89	196.95
Other Intangible Assets	107.56	15.42	15.02	12.01	11.75
Long-Term Accounts Receivable	0.28	0.67	0.38	-	-
Long-Term Deferred Tax Assets	24.68	21.64	16.88	9.17	4.51
Long-Term Deferred Charges	4.36	3.59	3.72	2.94	-
Other Long-Term Assets	37.05	19.73	18.41	3.82	9.51
Total Assets	1,227	724.5	648.66	539.17	552.03
Accounts Payable	153.37	135.04	127.14	94.36	130.27
Accrued Expenses	29.56	35.5	41.92	29.85	23.67
Short-Term Debt	-	0	20.01	50.57	79.07
Current Portion of Long-Term Debt	11.51	-	-	-	-
Current Portion of Leases	2.41	7.55	6.19	6.28	6.51
Current Income Taxes Payable	3.33	9.11	10.3	3.83	2.67
Current Unearned Revenue	1.99	1.57	2.12	1.83	1.58
Other Current Liabilities	14.99	7.79	4.75	4.96	9.95
Total Current Liabilities	217.14	196.55	212.43	191.7	253.72
Long-Term Debt	102.69	-	-	-	-
Long-Term Leases	2.19	32.24	36.01	40.84	62.51
Long-Term Unearned Revenue	-	0.17	0.08	0.05	0.08
Long-Term Deferred Tax Liabilities	0.55	0.02	-	-	-
Other Long-Term Liabilities	-	0.51	-	-	-
Total Liabilities	322.57	229.5	248.51	232.58	316.31
Common Stock	108.28	81.21	81.21	81.21	81.21
Additional Paid-In Capital	500.38	151.94	144.74	136.16	124.9
Retained Earnings	292.36	257.98	170.34	85.39	25.82
Comprehensive Income & Other	0	-	-	-	-
Total Common Equity	901.03	491.14	396.3	302.76	231.93
Minority Interest	3.88	3.86	3.85	3.83	3.79
Shareholders' Equity	904.91	495	400.15	306.59	235.72
Total Liabilities & Equity	1,227	724.5	648.66	539.17	552.03
Total Debt	118.79	39.79	62.21	97.69	148.09
Net Cash (Debt)	500.07	274.18	216.1	105.56	42.4
Net Cash Growth	82.39%	26.88%	104.73%	148.96%	52.39%
Net Cash Per Share	5.13	3.38	2.67	1.29	0.53
Filing Date Shares Outstanding	108.28	81.21	80.91	81.21	81.21
Total Common Shares Outstanding	108.28	81.21	80.91	81.21	81.21
Working Capital	625.8	305.35	219.31	142.66	75.57
Book Value Per Share	8.32	6.05	4.90	3.73	2.86
Tangible Book Value	793.46	475.71	381.28	290.75	220.17
Tangible Book Value Per Share	7.33	5.86	4.71	3.58	2.71
Buildings	200.87	117.96	117.96	116.27	114.16
Machinery	138.48	119.16	109.3	103.06	88.74
Construction In Progress	-	7.84	-	0.08	0.46

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