SHE:301603 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	-	382.59	163.94	90.8	91.05
Trading Asset Securities	-	50.18	-	-	-
Cash & Short-Term Investments	253.01	432.76	163.94	90.8	91.05
Cash Growth	-41.54%	163.99%	80.55%	-0.27%	-33.07%
Accounts Receivable	-	1,021	751.36	689.4	560.69
Other Receivables	-	132.49	8.17	24.81	25.3
Receivables	-	1,154	759.54	714.21	586.35
Inventory	-	848.32	487.02	561.84	575.19
Prepaid Expenses	-	0.31	-	2.3	0.44
Other Current Assets	-	39.95	76.32	65.47	43.35
Total Current Assets	-	2,475	1,487	1,435	1,296
Property, Plant & Equipment	-	582.82	482.51	390.35	261.49
Long-Term Investments	-	29.44	22.93	16.93	12.13
Goodwill	-	0.19	0.19	0.19	0.19
Other Intangible Assets	-	85.99	87.8	62.59	64.76
Long-Term Accounts Receivable	-	102.57	58.74	20.2	11.12
Long-Term Deferred Tax Assets	-	33.41	19.55	18.26	15.84
Long-Term Deferred Charges	-	4.04	4.09	3.51	5.68
Other Long-Term Assets	-	8.73	10.39	13.7	7.49
Total Assets	-	3,322	2,173	1,960	1,675
Accounts Payable	-	823.15	594.86	352.17	374.81
Accrued Expenses	-	93.76	70.46	76.84	66.43
Short-Term Debt	-	25.22	13.33	46.62	-
Current Portion of Long-Term Debt	-	-	-	20	-
Current Portion of Leases	-	14.07	9.61	9.6	9.94
Current Income Taxes Payable	-	13.42	10.03	5.64	31.03
Current Unearned Revenue	-	99.17	47.41	80.47	93.74
Other Current Liabilities	-	152.13	153.97	236.85	211.46
Total Current Liabilities	-	1,221	899.68	828.18	787.41
Long-Term Debt	-	-	-	41.96	11.12
Long-Term Leases	-	18.14	3.23	4.06	9.04
Long-Term Unearned Revenue	-	7.45	9	3.01	3.06
Long-Term Deferred Tax Liabilities	-	0.01	-	5.98	1.66
Other Long-Term Liabilities	-	5.5	3.76	2.64	1.85
Total Liabilities	-	1,252	915.66	885.83	814.14
Common Stock	-	120.76	90.57	90.57	90.57
Additional Paid-In Capital	-	1,075	392.57	387.01	370.12
Retained Earnings	-	845.86	737.22	568.06	377.49
Comprehensive Income & Other	-	20.97	15.74	11.3	8.22
Total Common Equity	2,327	2,063	1,236	1,057	846.41
Minority Interest	-	7.68	21.23	17.58	14.53
Shareholders' Equity	2,337	2,070	1,257	1,075	860.94
Total Liabilities & Equity	-	3,322	2,173	1,960	1,675
Total Debt	25.93	57.43	26.18	122.24	30.1
Net Cash (Debt)	227.08	375.33	137.76	-31.45	60.94
Net Cash Growth	-39.50%	172.46%	-	-	-55.20%
Net Cash Per Share	1.88	3.64	1.52	-0.35	0.67
Filing Date Shares Outstanding	120.76	120.76	120.76	90.75	90.57
Total Common Shares Outstanding	120.76	120.76	90.57	90.75	90.57
Working Capital	-	1,254	587.14	606.44	508.96
Book Value Per Share	19.27	17.08	13.65	11.65	9.35
Tangible Book Value	2,242	1,976	1,148	994.15	781.46
Tangible Book Value Per Share	18.57	16.37	12.68	10.96	8.63
Buildings	-	335.71	293.89	85.42	82.69
Machinery	-	258.54	204.34	146.27	103.91
Construction In Progress	-	83.6	63.24	212.09	103.83

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