SHE:000856 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	Jan '22 Jan 1, 2022
Cash & Equivalents	-	226.32	343.87	259.71	255.01
Cash & Short-Term Investments	204.85	226.32	343.87	259.71	255.01
Cash Growth	-9.49%	-34.19%	32.41%	1.84%	-23.16%
Accounts Receivable	-	1,312	1,063	1,037	1,128
Other Receivables	-	31.62	30.02	20.62	26.96
Receivables	-	1,343	1,093	1,058	1,155
Inventory	-	230.96	229.22	227.08	114.04
Prepaid Expenses	-	17.79	14.29	0.05	0.19
Other Current Assets	-	71.03	102.62	315.3	146.14
Total Current Assets	-	1,890	1,783	1,860	1,670
Property, Plant & Equipment	-	228.36	230.24	235.59	227.95
Long-Term Investments	-	39.81	28.5	37.24	17.45
Other Intangible Assets	-	14.79	15.5	16.03	16.89
Long-Term Deferred Tax Assets	-	35.54	37.44	42.18	47.41
Long-Term Deferred Charges	-	28.73	30.45	0.97	1.36
Total Assets	-	2,237	2,126	2,192	1,981
Accounts Payable	-	1,447	1,219	1,067	989.41
Accrued Expenses	-	18.61	13.86	18.63	31.18
Short-Term Debt	-	148.32	198.2	178.44	283.17
Current Portion of Leases	-	0.93	0.52	0.24	0.23
Current Income Taxes Payable	-	0.68	1.06	6.86	9.09
Current Unearned Revenue	-	94.41	153.64	371.33	178.96
Other Current Liabilities	-	73.47	89.46	123.95	74.44
Total Current Liabilities	-	1,783	1,676	1,766	1,566
Long-Term Leases	-	0.18	0.33	-	0.24
Long-Term Unearned Revenue	-	5.45	5.78	6.11	7.11
Long-Term Deferred Tax Liabilities	-	0.39	0.72	0.94	-
Total Liabilities	-	1,789	1,683	1,774	1,574
Common Stock	-	227	227	227	227
Additional Paid-In Capital	-	358.66	358.66	358.66	358.66
Retained Earnings	-	-148.98	-170.84	-201.51	-215.24
Comprehensive Income & Other	-	-17.05	-5.14	1.6	4.99
Total Common Equity	419.46	419.63	409.68	385.75	375.41
Minority Interest	-	28.18	33.33	32.54	31.75
Shareholders' Equity	439.57	447.81	443.01	418.29	407.16
Total Liabilities & Equity	-	2,237	2,126	2,192	1,981
Total Debt	170.09	149.43	199.05	178.69	283.63
Net Cash (Debt)	34.77	76.9	144.82	81.02	-28.62
Net Cash Growth	-54.78%	-46.90%	78.74%	-	-
Net Cash Per Share	0.15	0.34	0.64	0.36	-0.13
Filing Date Shares Outstanding	228.05	227	227	227	227
Total Common Shares Outstanding	228.05	227	227	227	227
Working Capital	-	106.59	107.72	93.32	103.44
Book Value Per Share	1.85	1.85	1.80	1.70	1.65
Tangible Book Value	405.11	404.83	394.18	369.72	358.52
Tangible Book Value Per Share	1.78	1.78	1.74	1.63	1.58
Buildings	-	133.89	133.89	131.47	127.29
Machinery	-	211.37	207.64	199.82	189.52
Construction In Progress	-	9.54	2.06	4.83	0.09

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.