SHE:001267 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	545.63	328.83	311.35	296.28	235.23
Trading Asset Securities	51.2	43.58	47.19	168.08	-
Cash & Short-Term Investments	596.83	372.41	358.53	464.36	235.23
Cash Growth	60.26%	3.87%	-22.79%	97.41%	-24.05%
Accounts Receivable	1,986	1,595	1,629	1,605	1,559
Other Receivables	7.59	6.08	18.02	16.38	21.87
Receivables	1,994	1,601	1,647	1,622	1,581
Inventory	716.4	219.2	202.85	194.56	146.93
Other Current Assets	156.85	21.08	22.73	17.74	24.01
Total Current Assets	3,464	2,214	2,231	2,298	1,987
Property, Plant & Equipment	241.14	57.64	57.19	60.93	59.59
Long-Term Investments	136.09	398.79	141.83	133.76	20
Goodwill	194.55	-	-	-	-
Other Intangible Assets	68.62	0.12	0.16	0.19	0.2
Long-Term Deferred Tax Assets	86.29	52.09	47.08	42.37	32.73
Long-Term Deferred Charges	20.64	5.38	6.74	8.07	7.44
Other Long-Term Assets	67.4	16.42	7.07	43.64	311.61
Total Assets	4,279	2,744	2,491	2,587	2,418
Accounts Payable	1,003	536.43	576.56	586.45	642.12
Accrued Expenses	18.9	14.65	13.2	18.59	26.77
Short-Term Debt	709.29	435.75	157.54	409.31	453.05
Current Portion of Long-Term Debt	17.94	4.43	4.54	-	2.02
Current Portion of Leases	-	4.67	2.55	3.16	1.13
Current Income Taxes Payable	21.49	11.32	8.6	10.58	25.64
Current Unearned Revenue	22.16	22.91	22.07	19.35	15.56
Other Current Liabilities	82.04	37.15	40.14	24.04	24.5
Total Current Liabilities	1,875	1,067	825.2	1,071	1,191
Long-Term Debt	322.05	92.99	129	-	58
Long-Term Leases	23.81	16.63	13.93	14.75	11.46
Long-Term Unearned Revenue	40.71	-	-	-	-
Long-Term Deferred Tax Liabilities	14.41	2.63	3.15	1.36	-
Other Long-Term Liabilities	7.63	0.08	0.08	0.08	0.08
Total Liabilities	2,283	1,180	971.36	1,088	1,260
Common Stock	282.99	277.35	277.5	273.27	197.83
Additional Paid-In Capital	542.46	509.47	506.08	485.83	228.89
Retained Earnings	831.61	782.74	748.61	737.77	728.32
Treasury Stock	-29.31	-8.13	-15.63	-	-
Comprehensive Income & Other	0.32	0.03	-	-	-
Total Common Equity	1,628	1,561	1,517	1,497	1,155
Minority Interest	367.64	3.39	3.09	2.83	2.95
Shareholders' Equity	1,996	1,565	1,520	1,500	1,158
Total Liabilities & Equity	4,279	2,744	2,491	2,587	2,418
Total Debt	1,073	554.48	307.56	427.22	525.67
Net Cash (Debt)	-476.26	-182.07	50.97	37.14	-290.44
Net Cash Growth	-	-	37.25%	-	-
Net Cash Per Share	-0.59	-0.22	0.06	0.05	-0.41
Filing Date Shares Outstanding	869.82	779.57	779.67	273.27	197.83
Total Common Shares Outstanding	869.82	779.57	779.67	273.27	197.83
Working Capital	1,590	1,147	1,406	1,227	795.95
Book Value Per Share	1.87	2.00	1.95	5.48	5.84
Tangible Book Value	1,365	1,561	1,516	1,497	1,155
Tangible Book Value Per Share	1.57	2.00	1.94	5.48	5.84
Buildings	-	57.3	58.5	57.04	56.79
Machinery	-	28.59	32.51	32.51	31.85

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