SHE:001209 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	Dec '21 Dec 31, 2021
Cash & Equivalents	338.61	293.82	319.11	464.21	774.34
Trading Asset Securities	0	-	-	-	-
Cash & Short-Term Investments	338.61	293.82	319.11	464.21	774.34
Cash Growth	15.24%	-7.93%	-31.26%	-40.05%	223.43%
Accounts Receivable	70.46	127.99	157.76	140.44	124.01
Other Receivables	6.22	8.28	8.96	7.5	5.82
Receivables	76.67	136.27	166.72	147.94	129.83
Inventory	599.4	533.43	512.09	239.97	324.02
Other Current Assets	79.98	65.2	67.21	39.68	45.67
Total Current Assets	1,095	1,029	1,065	891.81	1,274
Property, Plant & Equipment	588.34	572.05	421.72	207.8	171.13
Goodwill	0.05	0.51	0.51	0.51	0.05
Other Intangible Assets	328.79	323.18	331.45	334.13	53.14
Long-Term Deferred Tax Assets	60.26	53.91	42.92	47.12	31.96
Long-Term Deferred Charges	2.12	2.6	2.74	5.43	6.89
Other Long-Term Assets	19.33	20.04	19.41	33.66	14.96
Total Assets	2,094	2,001	1,884	1,520	1,552
Accounts Payable	517.84	437.61	417.63	158.85	176.57
Accrued Expenses	40.47	54.51	54.96	50.7	44.83
Current Portion of Long-Term Debt	45.05	-	-	-	-
Current Portion of Leases	-	8.67	7.25	7.15	7.57
Current Income Taxes Payable	27.95	14.17	7.74	3.98	6.39
Current Unearned Revenue	18.95	14.15	13.01	13.44	13.61
Other Current Liabilities	25.09	18.24	18.85	17.55	15.09
Total Current Liabilities	675.34	547.36	519.44	251.67	264.06
Long-Term Debt	100.11	122.88	56.97	-	-
Long-Term Leases	4.57	7.12	7.94	7.08	11.98
Long-Term Unearned Revenue	3.42	4.85	6.52	8.03	9.39
Long-Term Deferred Tax Liabilities	1.7	2.85	3.41	3.16	-
Other Long-Term Liabilities	21.14	23.56	22.44	17.49	18.25
Total Liabilities	806.28	708.63	616.72	287.42	303.67
Common Stock	131.52	131.52	131.52	131.52	93.94
Additional Paid-In Capital	750.24	750.24	750.24	750.24	787.82
Retained Earnings	448.85	453.52	386.1	351.57	366.55
Treasury Stock	-41.94	-41.94	-	-	-
Total Common Equity	1,289	1,293	1,268	1,233	1,248
Minority Interest	-1.4	-0.95	-0.7	-0.3	-
Shareholders' Equity	1,287	1,292	1,267	1,233	1,248
Total Liabilities & Equity	2,094	2,001	1,884	1,520	1,552
Total Debt	149.73	138.68	72.16	14.23	19.55
Net Cash (Debt)	188.88	155.14	246.95	449.98	754.79
Net Cash Growth	21.74%	-37.18%	-45.12%	-40.38%	215.26%
Net Cash Per Share	1.44	1.20	1.87	3.30	6.71
Filing Date Shares Outstanding	128.99	128.59	131.52	136.23	131.52
Total Common Shares Outstanding	128.99	128.59	131.52	136.23	131.52
Working Capital	419.32	481.37	545.69	640.14	1,010
Book Value Per Share	9.99	10.06	9.64	9.05	9.49
Tangible Book Value	959.83	969.65	935.91	898.69	1,195
Tangible Book Value Per Share	7.44	7.54	7.12	6.60	9.09
Buildings	-	303.27	132.5	133.45	129.96
Machinery	-	66.57	56.14	51.31	44.33
Construction In Progress	-	243.02	260.73	42.1	-

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