SHE:002136 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	Jan '22 Jan 1, 2022
Cash & Equivalents	-	455.64	570.74	505.92	224.54
Cash & Short-Term Investments	367.1	455.64	570.74	505.92	224.54
Cash Growth	-19.43%	-20.17%	12.81%	125.31%	68.05%
Accounts Receivable	-	467.28	342.19	419.22	391.3
Other Receivables	-	1.62	0.55	1.23	0.57
Receivables	-	468.9	342.74	420.44	391.86
Inventory	-	237.87	166.13	174.09	166.19
Other Current Assets	-	40.7	42.39	38.5	9.71
Total Current Assets	-	1,203	1,122	1,139	792.3
Property, Plant & Equipment	-	834.67	837.68	717.25	538.56
Other Intangible Assets	-	34.65	35.99	35.6	36.7
Long-Term Deferred Tax Assets	-	18.84	13.95	6.55	8.57
Other Long-Term Assets	-	5.73	1.49	13.47	1.34
Total Assets	-	2,097	2,011	1,912	1,377
Accounts Payable	-	554.73	476.12	370.26	245.23
Accrued Expenses	-	27.25	29.74	62.19	31.99
Short-Term Debt	-	81.6	50.01	20.02	27.53
Current Portion of Leases	-	1.12	0.71	0.7	0.69
Current Income Taxes Payable	-	0.01	0.39	7.87	1.69
Current Unearned Revenue	-	26.3	24.25	51.39	60.94
Other Current Liabilities	-	9.57	8.56	14.66	11.65
Total Current Liabilities	-	700.59	589.78	527.09	379.72
Long-Term Leases	-	0.62	0.82	0.38	0.34
Long-Term Unearned Revenue	-	8.95	9.09	8.37	7.67
Long-Term Deferred Tax Liabilities	-	-	-	0.14	0.44
Other Long-Term Liabilities	-	12.28	-	-	-
Total Liabilities	-	722.44	599.7	535.99	388.16
Common Stock	-	215.02	215.02	215.02	215.02
Additional Paid-In Capital	-	354.07	352.56	350.84	347.84
Retained Earnings	-	603.35	613.6	592.1	356.14
Comprehensive Income & Other	-	1.09	1.01	-	-
Total Common Equity	1,129	1,174	1,182	1,158	919
Minority Interest	-	201.02	229.23	217.88	70.31
Shareholders' Equity	1,310	1,375	1,411	1,376	989.31
Total Liabilities & Equity	-	2,097	2,011	1,912	1,377
Total Debt	39	83.34	51.54	21.11	28.57
Net Cash (Debt)	328.1	372.3	519.2	484.81	195.97
Net Cash Growth	-11.87%	-28.29%	7.09%	147.39%	63.11%
Net Cash Per Share	1.53	1.73	2.41	2.25	0.91
Filing Date Shares Outstanding	214.83	215.02	215.02	215.02	215.02
Total Common Shares Outstanding	214.83	215.02	215.02	215.02	215.02
Working Capital	-	502.52	532.22	611.86	412.58
Book Value Per Share	5.25	5.46	5.50	5.39	4.27
Tangible Book Value	1,095	1,139	1,146	1,122	882.3
Tangible Book Value Per Share	5.09	5.30	5.33	5.22	4.10
Buildings	-	467.17	465.84	407.93	377.43
Machinery	-	940.73	892.46	708.82	578.88
Construction In Progress	-	15.35	5.07	66.73	25.15

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