SHE:001277 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	Dec '21 Dec 31, 2021
Cash & Equivalents	318.16	184.48	172.75	78.56	96.9
Trading Asset Securities	211.36	369.89	-	-	-
Cash & Short-Term Investments	529.52	554.37	172.75	78.56	96.9
Cash Growth	-4.48%	220.91%	119.89%	-18.93%	-11.40%
Accounts Receivable	673.86	689.27	700.52	645.71	544.86
Other Receivables	20.66	19.51	34.4	29.99	57.63
Receivables	694.52	708.78	734.92	675.7	602.49
Inventory	250	190.07	247.15	211.23	285.67
Prepaid Expenses	0.47	0.22	0.4	0.11	0.37
Other Current Assets	12.4	15.4	6.81	54.42	44.56
Total Current Assets	1,487	1,469	1,162	1,020	1,030
Property, Plant & Equipment	405.66	367.71	328.11	346.27	307.09
Long-Term Investments	36.22	41.17	39.87	37.12	33.8
Other Intangible Assets	54.81	53.41	54.74	56.54	55.06
Long-Term Accounts Receivable	16.35	8.92	1.43	0.02	2.25
Long-Term Deferred Tax Assets	33.08	35.59	40.34	46.4	47.42
Long-Term Deferred Charges	36.16	36.48	30	38.17	4.17
Other Long-Term Assets	5.99	5.68	1.31	5.2	20.41
Total Assets	2,075	2,018	1,658	1,550	1,500
Accounts Payable	282.75	248.36	393.31	411.87	502.26
Accrued Expenses	45.04	40.94	62.1	54.43	41.71
Short-Term Debt	10.94	10.24	5.72	9.14	22.04
Current Portion of Long-Term Debt	-	-	30.18	19.81	0.18
Current Portion of Leases	10.93	13.61	15.54	10.65	8.14
Current Income Taxes Payable	7.06	5.27	8.08	20.73	18.98
Current Unearned Revenue	25.85	22.48	17.88	27.98	21.96
Other Current Liabilities	67.65	88.81	58.28	44.2	57.69
Total Current Liabilities	450.23	429.71	591.09	598.8	672.96
Long-Term Debt	-	-	144	174.96	127.26
Long-Term Leases	3.41	0.72	4.15	12.28	21.43
Long-Term Unearned Revenue	5.03	5.11	4.99	-	-
Long-Term Deferred Tax Liabilities	21.36	24.23	27.47	22.64	16.82
Other Long-Term Liabilities	13.8	24.27	22.81	60.28	56.47
Total Liabilities	493.83	484.04	794.52	868.95	894.94
Common Stock	76	76	57	57	57
Additional Paid-In Capital	635.14	635.14	126.18	126.03	125.21
Retained Earnings	845.52	801.94	661.08	497.76	423.05
Total Common Equity	1,557	1,513	844.26	680.79	605.26
Minority Interest	24.67	20.68	19.06	-	-
Shareholders' Equity	1,581	1,534	863.32	680.79	605.26
Total Liabilities & Equity	2,075	2,018	1,658	1,550	1,500
Total Debt	25.28	24.57	199.59	226.83	179.05
Net Cash (Debt)	504.24	529.81	-26.84	-148.27	-82.15
Net Cash Growth	-4.83%	-	-	-	-
Net Cash Per Share	6.64	8.38	-0.47	-2.60	-1.44
Filing Date Shares Outstanding	76	76	57	57	57
Total Common Shares Outstanding	76	76	57	57	57
Working Capital	1,037	1,039	570.94	421.22	357.04
Book Value Per Share	20.48	19.91	14.81	11.94	10.62
Tangible Book Value	1,502	1,460	789.52	624.24	550.2
Tangible Book Value Per Share	19.76	19.21	13.85	10.95	9.65
Buildings	228.26	228.26	228.8	228.78	223.07
Machinery	318.32	246.01	160.67	142.45	85.1
Construction In Progress	3.23	2.65	8.51	8.5	3.93

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