SHE:000590 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	177.71	177.29	189.77	235.42	250.68
Trading Asset Securities	-	-	-	25.11	75.15
Cash & Short-Term Investments	177.71	177.29	189.77	260.53	325.83
Cash Growth	0.24%	-6.58%	-27.16%	-20.04%	-4.99%
Accounts Receivable	67.69	103.15	154.4	117.16	124.81
Other Receivables	16.14	90.28	60.51	30.11	6
Receivables	83.83	193.43	214.91	147.27	130.82
Inventory	109.57	124.78	130.09	118.22	86.59
Prepaid Expenses	-	2.32	-	0.03	0
Other Current Assets	7.76	2.17	4.79	3.06	10.65
Total Current Assets	378.87	499.99	539.55	529.11	553.88
Property, Plant & Equipment	308.31	312.66	293.81	289.75	240.89
Long-Term Investments	23.02	20.03	20.9	19	19
Goodwill	-	13.2	131.64	137.14	-
Other Intangible Assets	123.45	131.06	132.33	157.44	133.69
Long-Term Accounts Receivable	-	3.09	5.05	7.42	-
Long-Term Deferred Tax Assets	14.9	8.18	4.09	5.23	4.97
Long-Term Deferred Charges	7.4	6.29	3.32	2.93	1.82
Other Long-Term Assets	33.52	18.92	20.42	19	13.57
Total Assets	889.47	1,013	1,151	1,167	967.83
Accounts Payable	64.07	73.24	83.55	64.01	41.67
Accrued Expenses	35.62	43.88	46.62	50.8	40.37
Short-Term Debt	-	0.75	-	25.82	-
Current Portion of Long-Term Debt	21.16	11.01	10	10.1	-
Current Portion of Leases	-	2.94	2.36	2.69	3
Current Income Taxes Payable	3.48	6.8	2.3	3.4	3.85
Current Unearned Revenue	36.15	45.33	50.12	56.13	53.42
Other Current Liabilities	40.85	52.31	53.82	58.45	44.68
Total Current Liabilities	201.33	236.26	248.77	271.42	186.98
Long-Term Debt	50	82.22	80	90	-
Long-Term Leases	0.81	1.49	3.07	5.18	5.59
Long-Term Unearned Revenue	44.98	43.99	42.44	44.37	46.29
Long-Term Deferred Tax Liabilities	5.81	5.15	5.91	7.47	0.02
Other Long-Term Liabilities	37.05	43.07	42.72	46.09	46.62
Total Liabilities	339.98	412.18	422.92	464.53	285.5
Common Stock	239.47	239.47	239.47	239.47	239.47
Additional Paid-In Capital	473.95	474.06	474.06	474.06	474.06
Retained Earnings	-165.81	-115.29	10.18	-15.06	-33.21
Total Common Equity	547.61	598.25	723.72	698.47	680.32
Minority Interest	1.87	2.99	4.49	4.03	2
Shareholders' Equity	549.49	601.23	728.2	702.5	682.32
Total Liabilities & Equity	889.47	1,013	1,151	1,167	967.83
Total Debt	71.97	98.42	95.43	133.79	8.58
Net Cash (Debt)	105.74	78.87	94.34	126.74	317.24
Net Cash Growth	34.07%	-16.40%	-25.56%	-60.05%	-6.13%
Net Cash Per Share	0.44	0.33	0.39	0.53	1.32
Filing Date Shares Outstanding	239.38	239.47	239.47	239.47	239.47
Total Common Shares Outstanding	239.38	239.47	239.47	239.47	239.47
Working Capital	177.54	263.73	290.78	257.69	366.9
Book Value Per Share	2.29	2.50	3.02	2.92	2.84
Tangible Book Value	424.17	453.98	459.75	403.89	546.63
Tangible Book Value Per Share	1.77	1.90	1.92	1.69	2.28
Buildings	-	267.95	247.28	243.93	198.81
Machinery	-	220.21	197.31	189.09	174.95
Construction In Progress	-	8.81	23.83	15.21	4.18

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