SHE:000573 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	525.51	420.19	257.2	339.05	453.07
Trading Asset Securities	-	-	-	-	0.06
Cash & Short-Term Investments	525.51	420.19	257.2	339.05	453.13
Cash Growth	25.06%	63.37%	-24.14%	-25.17%	-31.10%
Accounts Receivable	18.8	33.5	24.63	28.46	60.7
Other Receivables	27.05	27.97	105.92	52.63	25.69
Receivables	45.85	61.47	130.55	81.09	86.39
Inventory	925.38	940.35	905.18	790.76	803.52
Other Current Assets	34.1	32.17	77.79	24.13	11.32
Total Current Assets	1,531	1,454	1,371	1,235	1,354
Property, Plant & Equipment	47.83	63.68	80.29	93.64	97.3
Long-Term Investments	150.1	264.2	256.15	315.17	343.75
Goodwill	12.5	12.5	12.5	12.5	12.5
Other Intangible Assets	10.1	60.36	73.1	202.59	148.44
Long-Term Deferred Tax Assets	48.85	66.5	69.15	119.58	111.17
Long-Term Deferred Charges	0.18	0.92	1.76	2.03	1.63
Other Long-Term Assets	291.24	302.78	495.08	580.08	438.67
Total Assets	2,092	2,225	2,359	2,561	2,508
Accounts Payable	52.64	73.7	78.55	61.24	89.18
Accrued Expenses	10.29	20.23	15.03	208.5	204.18
Short-Term Debt	70.07	160.19	235.29	235.29	235.32
Current Portion of Long-Term Debt	85.6	1.91	0.17	0.11	-
Current Portion of Leases	-	0.55	3.57	2.07	0.59
Current Income Taxes Payable	6.33	0.16	0.45	1.88	19.75
Current Unearned Revenue	0.43	1.68	3.31	16.72	46.37
Other Current Liabilities	100.63	126.97	118.91	167.61	160.17
Total Current Liabilities	326	385.38	455.29	693.41	755.56
Long-Term Debt	84.15	167.45	134.1	85	-
Long-Term Leases	2.53	2.47	9.84	9.15	8.01
Long-Term Unearned Revenue	1.78	1.86	1.94	2.03	2.11
Long-Term Deferred Tax Liabilities	6.15	6.02	8.99	7.4	6.79
Other Long-Term Liabilities	70.28	71.31	71.03	118.84	60.99
Total Liabilities	490.88	634.5	681.18	915.84	833.46
Common Stock	638.28	638.28	638.28	638.28	638.28
Additional Paid-In Capital	553.39	541.16	541.16	541.16	541.16
Retained Earnings	440.09	403.39	489.38	474.36	496.63
Comprehensive Income & Other	-34.08	0.84	1.74	1.13	1.29
Total Common Equity	1,598	1,584	1,671	1,655	1,677
Minority Interest	3.08	6.96	6.99	-10.14	-3.01
Shareholders' Equity	1,601	1,591	1,678	1,645	1,674
Total Liabilities & Equity	2,092	2,225	2,359	2,561	2,508
Total Debt	242.35	332.57	382.97	331.62	243.91
Net Cash (Debt)	283.16	87.61	-125.78	7.43	209.21
Net Cash Growth	223.19%	-	-	-96.45%	7.19%
Net Cash Per Share	0.45	0.14	-0.20	0.01	0.33
Filing Date Shares Outstanding	579.6	638.28	638.28	638.28	638.28
Total Common Shares Outstanding	579.6	638.28	638.28	638.28	638.28
Working Capital	1,205	1,069	915.42	541.62	598.8
Book Value Per Share	2.76	2.48	2.62	2.59	2.63
Tangible Book Value	1,575	1,511	1,585	1,440	1,516
Tangible Book Value Per Share	2.72	2.37	2.48	2.26	2.38
Buildings	-	101.09	101.04	120.86	105.75
Machinery	-	68.88	71.33	78.12	76.75
Construction In Progress	-	7.85	6.12	0.97	1.99

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