SHE:000929 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	79.26	120.05	214.48	326.81	613.16
Trading Asset Securities	-	116.26	124.98	177.81	149.37
Cash & Short-Term Investments	79.26	236.31	339.47	504.63	762.52
Cash Growth	-66.46%	-30.39%	-32.73%	-33.82%	1.11%
Accounts Receivable	26.54	1.39	1.91	8.99	13.75
Other Receivables	6.74	2.16	2.66	2.74	3.54
Receivables	33.28	3.55	4.56	25.24	80.5
Inventory	219.64	108.67	116.89	127.84	164.96
Other Current Assets	406.64	4.49	320.14	4.82	9.72
Total Current Assets	738.81	353.03	781.06	662.53	1,018
Property, Plant & Equipment	166.42	105.48	142.3	174.57	187.89
Long-Term Investments	12.84	464.46	112.77	315.78	13.88
Other Intangible Assets	49.92	39.4	43.84	47.57	49.7
Long-Term Deferred Tax Assets	0.51	-	37.42	35.54	30
Long-Term Deferred Charges	1.35	-	-	-	-
Other Long-Term Assets	0.87	0.55	0.01	0.66	1.34
Total Assets	970.71	962.92	1,117	1,237	1,301
Accounts Payable	227.37	54.59	56.3	45.61	49.57
Accrued Expenses	11.74	11.54	11.6	18.88	11.11
Short-Term Debt	44.76	9.04	3	21.03	54.06
Current Portion of Long-Term Debt	0.75	-	-	-	-
Current Income Taxes Payable	3.93	-	-	4.76	-
Current Unearned Revenue	23.82	19.87	27.89	23.1	17.12
Other Current Liabilities	52.43	56.96	58.58	97.03	100.61
Total Current Liabilities	364.78	152.01	157.37	210.4	232.47
Long-Term Leases	1.3	-	-	-	-
Long-Term Unearned Revenue	3.76	3.76	4.32	4.88	3.97
Long-Term Deferred Tax Liabilities	1.96	-	-	-	-
Total Liabilities	371.8	155.77	161.69	215.29	236.44
Common Stock	185.77	185.77	185.77	185.77	185.77
Additional Paid-In Capital	184.41	184.41	184.41	192.66	192.66
Retained Earnings	25.28	116.22	216.09	262.81	292.06
Treasury Stock	-30	-	-	-	-
Total Common Equity	365.46	486.4	586.27	641.24	670.49
Minority Interest	233.45	320.75	369.45	380.13	393.58
Shareholders' Equity	598.91	807.15	955.72	1,021	1,064
Total Liabilities & Equity	970.71	962.92	1,117	1,237	1,301
Total Debt	46.8	9.04	3	21.03	54.06
Net Cash (Debt)	32.45	227.27	336.47	483.6	708.46
Net Cash Growth	-85.72%	-32.45%	-30.42%	-31.74%	8.30%
Net Cash Per Share	0.18	1.22	1.81	2.60	3.81
Filing Date Shares Outstanding	182.36	185.77	185.77	185.77	185.77
Total Common Shares Outstanding	182.36	185.77	185.77	185.77	185.77
Working Capital	374.03	201.02	623.69	452.13	785.24
Book Value Per Share	2.00	2.62	3.16	3.45	3.61
Tangible Book Value	315.54	447	542.43	593.67	620.79
Tangible Book Value Per Share	1.73	2.41	2.92	3.20	3.34
Buildings	-	213	241.28	247.36	247.36
Machinery	-	378.75	387.76	403.22	401.37
Construction In Progress	-	0.55	0.36	-	1.78

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