SHE:301683 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	323.47	275.5	77.8	47.66
Short-Term Investments	75.09	-	-	-
Trading Asset Securities	-	-	206.68	139.59
Cash & Short-Term Investments	398.56	275.5	284.48	187.25
Cash Growth	44.67%	-3.16%	51.93%	-
Accounts Receivable	551.74	492.47	449.01	386.25
Other Receivables	4.75	4.8	11.26	4.99
Receivables	556.49	497.26	460.27	391.25
Inventory	92.46	85.81	87.48	105.83
Other Current Assets	39.68	10.88	10.14	9.55
Total Current Assets	1,087	869.45	842.37	693.87
Property, Plant & Equipment	265.89	219.05	220.24	241.05
Long-Term Investments	6.86	80.56	9.95	11.8
Other Intangible Assets	98.96	71.07	43.32	44.57
Long-Term Deferred Tax Assets	9.03	9.25	13.88	18.65
Long-Term Deferred Charges	0.95	1.09	7.83	8.28
Other Long-Term Assets	7.8	8.46	2.01	1.11
Total Assets	1,477	1,259	1,140	1,019
Accounts Payable	57.47	71.75	56.76	64.88
Accrued Expenses	66.03	55.01	45.26	47.11
Short-Term Debt	-	-	-	35.04
Current Portion of Long-Term Debt	-	-	-	10.02
Current Portion of Leases	0.3	-	2.19	2.19
Current Income Taxes Payable	12.07	11.71	5.54	0.38
Current Unearned Revenue	4.7	1.63	0.71	1.36
Other Current Liabilities	136.29	103.39	117.74	108.38
Total Current Liabilities	276.85	243.5	228.21	269.36
Long-Term Debt	-	-	-	5
Long-Term Leases	0.77	-	26.2	27.24
Long-Term Unearned Revenue	3.32	4.3	5.28	7.11
Other Long-Term Liabilities	8.02	2.14	1.08	-
Total Liabilities	288.97	249.94	260.78	308.71
Common Stock	47.34	47.34	47.34	10
Additional Paid-In Capital	776.69	770.31	767.66	388.72
Retained Earnings	353.63	181.4	50.76	306.86
Comprehensive Income & Other	10.06	9.95	13.06	8.88
Total Common Equity	1,188	1,009	878.81	714.46
Minority Interest	-	-	-	-3.84
Shareholders' Equity	1,188	1,009	878.81	710.62
Total Liabilities & Equity	1,477	1,259	1,140	1,019
Total Debt	1.07	-	28.39	79.49
Net Cash (Debt)	397.49	275.5	256.09	107.75
Net Cash Growth	44.28%	7.58%	137.67%	-
Net Cash Per Share	8.40	5.82	5.59	-
Filing Date Shares Outstanding	47.34	47.34	45.81	-
Total Common Shares Outstanding	47.34	47.34	45.81	-
Working Capital	810.33	625.95	614.16	424.51
Book Value Per Share	25.09	21.31	19.18	-
Tangible Book Value	1,089	937.92	835.49	669.89
Tangible Book Value Per Share	23.00	19.81	18.24	-
Buildings	248.03	247.74	221.92	221.49
Machinery	169.02	153.78	146.55	180.57
Construction In Progress	59.73	8.45	1.9	1.68

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