SHE:001216 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	674.08	434.9	511.28	521.45	391.44
Trading Asset Securities	150	450	350	240	250
Cash & Short-Term Investments	824.08	884.9	861.28	761.45	641.44
Cash Growth	-6.87%	2.74%	13.11%	18.71%	284.15%
Accounts Receivable	124.11	125.54	99.88	125.26	112.27
Other Receivables	6.64	33.73	37.3	38.38	26.21
Receivables	130.75	159.27	137.18	163.65	138.49
Inventory	163.57	184.84	154.18	146.67	177.06
Other Current Assets	24.4	16.64	9.45	16.01	20.48
Total Current Assets	1,143	1,246	1,162	1,088	977.46
Property, Plant & Equipment	853.49	635.8	591.86	565.62	470.27
Long-Term Investments	142.18	63.29	60.11	64.56	60.57
Other Intangible Assets	103.81	105.87	108.04	111.71	114.84
Long-Term Deferred Tax Assets	2.64	3.57	0.28	5.22	2.05
Long-Term Deferred Charges	0.41	0.25	0.18	1.04	1.37
Other Long-Term Assets	12.53	49.28	52.37	36.76	23.39
Total Assets	2,258	2,104	1,975	1,873	1,650
Accounts Payable	169.29	140.5	161.85	173.74	101.32
Accrued Expenses	100.43	98.18	89.68	104.09	88.13
Current Portion of Long-Term Debt	1.63	-	-	-	-
Current Portion of Leases	-	6.36	5.35	6.82	4.49
Current Income Taxes Payable	22.88	13.57	14.44	3.89	3.92
Current Unearned Revenue	13.76	12.56	14.1	12.38	15.86
Other Current Liabilities	12.48	6.79	8.43	9.28	13.13
Total Current Liabilities	320.48	277.96	293.86	310.2	226.85
Long-Term Leases	4.28	4.84	7.78	13.12	7.38
Long-Term Unearned Revenue	48.44	54.1	57.65	55.3	51.91
Long-Term Deferred Tax Liabilities	10.24	13.72	16.03	20.9	10.68
Other Long-Term Liabilities	29.95	18.77	2.17	2.13	2.13
Total Liabilities	413.39	369.38	377.49	401.66	298.95
Common Stock	251.87	251.87	251.87	251.87	251.87
Additional Paid-In Capital	556.52	556.52	556.52	556.52	556.52
Retained Earnings	1,037	917.22	777.69	651.07	533.09
Comprehensive Income & Other	-7.79	-0.01	-	-	-
Total Common Equity	1,838	1,726	1,586	1,459	1,341
Minority Interest	6.93	8.72	11.37	11.57	9.52
Shareholders' Equity	1,844	1,734	1,597	1,471	1,351
Total Liabilities & Equity	2,258	2,104	1,975	1,873	1,650
Total Debt	5.91	11.19	13.13	19.94	11.87
Net Cash (Debt)	818.17	873.7	848.15	741.51	629.57
Net Cash Growth	-6.36%	3.01%	14.38%	17.78%	277.04%
Net Cash Per Share	3.27	3.45	3.35	2.95	3.17
Filing Date Shares Outstanding	246.5	251.87	251.87	251.87	251.87
Total Common Shares Outstanding	246.5	251.87	251.87	251.87	251.87
Working Capital	822.31	967.68	868.23	777.58	750.62
Book Value Per Share	7.45	6.85	6.30	5.79	5.33
Tangible Book Value	1,734	1,620	1,478	1,348	1,227
Tangible Book Value Per Share	7.03	6.43	5.87	5.35	4.87
Buildings	-	537.5	484.15	488.87	364.48
Machinery	-	380.49	339.2	316.39	258.87
Construction In Progress	-	58.35	64.98	16.79	79.63

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