SHE:301668 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	863.17	279.6	210.86	117.82	84.71
Cash & Short-Term Investments	863.17	279.6	210.86	117.82	84.71
Cash Growth	208.72%	32.60%	78.97%	39.09%	216.26%
Accounts Receivable	235.68	192.12	159.56	145.35	70.87
Other Receivables	0.09	4.05	4.6	0.75	2.84
Receivables	235.77	196.17	164.16	146.1	73.71
Inventory	84.35	167.12	228.65	146.05	162.95
Other Current Assets	14.29	11.59	17.15	10.87	10.86
Total Current Assets	1,198	654.48	620.82	420.84	332.23
Property, Plant & Equipment	50.42	42.33	29.28	28.89	26.7
Other Intangible Assets	10.79	10.15	9.59	7.94	8.37
Long-Term Deferred Tax Assets	3.72	3.75	4.77	4.02	3.07
Long-Term Deferred Charges	2.33	0.58	0.74	0.41	0.37
Other Long-Term Assets	1.37	0.65	1.34	-	0.87
Total Assets	1,266	711.96	666.54	462.09	371.61
Accounts Payable	169.79	213.03	262.77	169.42	161.45
Accrued Expenses	16.13	17.74	19.05	13.66	13.1
Short-Term Debt	-	19.5	27.7	27.56	16.55
Current Portion of Leases	1.39	0.66	0.91	0.94	0.77
Current Income Taxes Payable	1.61	2.47	3.66	6.39	-
Current Unearned Revenue	5.27	16.31	17.45	2.92	7.18
Other Current Liabilities	61.6	2.86	7.93	3.43	4.75
Total Current Liabilities	255.78	272.57	339.48	224.31	203.8
Long-Term Leases	3.14	-	0.7	0.54	0.7
Long-Term Unearned Revenue	-	-	0.04	0.04	0.42
Long-Term Deferred Tax Liabilities	0.77	0.92	1.09	1.11	1.12
Other Long-Term Liabilities	2.45	2.45	2.36	2.51	2.62
Total Liabilities	262.14	275.94	343.68	228.51	208.67
Common Stock	110	82.1	82.1	82.1	82.1
Additional Paid-In Capital	513.06	22.93	21.05	19.18	17.31
Retained Earnings	381	330.99	219.71	132.3	63.54
Shareholders' Equity	1,004	436.02	322.86	233.58	162.95
Total Liabilities & Equity	1,266	711.96	666.54	462.09	371.61
Total Debt	4.53	20.16	29.32	29.04	18.02
Net Cash (Debt)	858.63	259.44	181.54	88.78	66.69
Net Cash Growth	230.96%	42.91%	104.49%	33.12%	465.88%
Net Cash Per Share	9.65	3.17	2.21	1.08	0.81
Filing Date Shares Outstanding	110	82.1	82.1	82.1	82.16
Total Common Shares Outstanding	110	82.1	82.1	82.1	82.16
Working Capital	941.78	381.91	281.34	196.53	128.43
Book Value Per Share	9.13	5.31	3.93	2.85	1.98
Tangible Book Value	993.27	425.87	313.27	225.64	154.58
Tangible Book Value Per Share	9.03	5.19	3.82	2.75	1.88
Buildings	26.09	20.6	19.96	19.05	18.32
Machinery	41.93	34.04	23.15	21.09	17.13
Construction In Progress	-	4.77	-	-	-