SHE:000790 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	123.28	209.47	211.18	144.64	305.25
Trading Asset Securities	-	6.56	-	-	-
Cash & Short-Term Investments	123.28	216.03	211.18	144.64	305.25
Cash Growth	-42.94%	2.30%	46.01%	-52.62%	-28.58%
Accounts Receivable	255.61	496.43	528.12	500.69	464.57
Other Receivables	5.61	24.3	30.62	28.12	27.96
Receivables	261.22	520.73	558.73	528.81	492.52
Inventory	55.76	112.62	108.33	101.83	87.74
Prepaid Expenses	-	5.54	16.79	2.48	4.92
Other Current Assets	19.37	23.4	45.3	6.55	35.05
Total Current Assets	459.62	878.32	940.34	784.31	925.49
Property, Plant & Equipment	603.46	713.26	520.29	358.19	221.9
Long-Term Investments	34.91	227.42	226.73	271.1	25.5
Goodwill	51.12	105.96	107.04	56.06	4.93
Other Intangible Assets	108.59	186.7	149.19	99.07	76.51
Long-Term Deferred Tax Assets	13.59	23.61	23.54	10.63	6.23
Long-Term Deferred Charges	9.81	11.99	14.19	0.64	0.96
Other Long-Term Assets	108.05	87.47	137.65	80.82	76.71
Total Assets	1,389	2,249	2,133	1,677	1,356
Accounts Payable	145.22	263.94	307.28	267	126.73
Accrued Expenses	14.7	129.14	121.56	68.69	52.79
Short-Term Debt	189.14	398.46	276.35	72.1	19.92
Current Portion of Long-Term Debt	123.29	25.75	81.13	18.1	-
Current Portion of Leases	-	93.73	41.49	1.25	3.22
Current Income Taxes Payable	55.63	6.67	6.15	11.41	8.53
Current Unearned Revenue	16.04	37.3	41.64	23.98	20.32
Other Current Liabilities	48.42	56.31	77.58	85.87	96.04
Total Current Liabilities	592.46	1,011	953.18	548.39	327.55
Long-Term Debt	38.25	66.06	-	81.04	-
Long-Term Leases	12.61	67.58	61.34	18.25	24.08
Long-Term Unearned Revenue	0.73	10.15	11.43	12.97	14.34
Long-Term Deferred Tax Liabilities	10.54	15.03	15.87	5.44	1.64
Other Long-Term Liabilities	27.71	11.14	15.26	5.47	2.06
Total Liabilities	682.29	1,181	1,057	671.56	369.68
Common Stock	623.72	623.72	628.14	628.14	625.77
Additional Paid-In Capital	66.29	62.41	73.75	70.14	81.02
Retained Earnings	22.99	343.41	356.33	334.96	300.05
Treasury Stock	-	-	-21.14	-31.69	-25.42
Comprehensive Income & Other	2.73	-3.64	-3.89	1.52	-
Total Common Equity	715.73	1,026	1,033	1,003	981.42
Minority Interest	-8.86	42.09	43.2	2.42	4.94
Shareholders' Equity	706.87	1,068	1,076	1,005	986.36
Total Liabilities & Equity	1,389	2,249	2,133	1,677	1,356
Total Debt	363.29	651.58	460.31	190.74	47.22
Net Cash (Debt)	-240.02	-435.55	-249.13	-46.1	258.02
Net Cash Growth	-	-	-	-	-39.63%
Net Cash Per Share	-0.38	-0.65	-0.36	-0.08	0.42
Filing Date Shares Outstanding	642.18	623.72	628.14	628.14	625.77
Total Common Shares Outstanding	642.18	623.72	628.14	628.14	625.77
Working Capital	-132.83	-132.99	-12.85	235.92	597.93
Book Value Per Share	1.11	1.64	1.64	1.60	1.57
Tangible Book Value	556.01	733.23	776.97	847.94	899.99
Tangible Book Value Per Share	0.87	1.18	1.24	1.35	1.44
Buildings	-	447.17	339.68	303.41	169.78
Machinery	-	197.52	190.8	184.26	151.04
Construction In Progress	-	249.67	147.93	19.21	0.63

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