SHE:002213 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	115.95	312.69	269.59	440.36	123.39
Trading Asset Securities	-	-	-	-	6.69
Cash & Short-Term Investments	115.95	312.69	269.59	440.36	130.08
Cash Growth	-62.92%	15.99%	-38.78%	238.52%	10.84%
Accounts Receivable	34.44	53.15	57.33	54.05	179.98
Other Receivables	12.51	13.03	20.29	31.29	11.12
Receivables	46.95	66.18	77.62	85.34	191.1
Inventory	239.66	88.25	95	86.36	137.75
Other Current Assets	15.66	19.27	21.62	21.34	17.31
Total Current Assets	418.23	486.39	463.82	633.4	476.24
Property, Plant & Equipment	135.14	132.76	95.33	17.99	66.89
Long-Term Investments	5	5	5	6.07	6.44
Goodwill	50.73	50.73	63.93	76.33	76.33
Other Intangible Assets	39.79	41.55	43.51	10.09	11.97
Long-Term Deferred Tax Assets	1.52	6.95	5.76	6.73	2.56
Long-Term Deferred Charges	7.23	6.19	2.44	3.3	27.33
Other Long-Term Assets	49.35	50.8	50.72	51.69	55.06
Total Assets	706.99	780.37	730.5	805.61	722.81
Accounts Payable	39.51	53.69	31.07	12.83	147.33
Accrued Expenses	16.59	13.07	10.57	10.85	16.95
Short-Term Debt	35.6	32	16	54.85	24.8
Current Portion of Long-Term Debt	-	25	-	14.8	4.66
Current Portion of Leases	3.44	2.3	2.16	3.05	6.37
Current Income Taxes Payable	1.17	0.06	0.01	8.04	4.68
Current Unearned Revenue	21.44	45.74	5.72	0.29	1.5
Other Current Liabilities	20.71	31.19	43.47	4.21	74.53
Total Current Liabilities	138.46	203.04	109	108.93	280.81
Long-Term Debt	20	-	5	9.9	14.95
Long-Term Leases	2.26	4.38	0.25	2.46	30.08
Long-Term Unearned Revenue	0.15	0.15	0.04	0.13	11.42
Long-Term Deferred Tax Liabilities	1.59	2.37	1.53	2.65	3.31
Other Long-Term Liabilities	-	0.41	0.26	0.16	0.21
Total Liabilities	162.46	210.35	116.08	124.24	340.79
Common Stock	237.48	237.16	237.25	236	206
Additional Paid-In Capital	294.37	288.56	285.98	276.12	-
Retained Earnings	21.35	41.96	90.37	157	141.02
Treasury Stock	-3.48	-6.67	-9.71	-	-
Comprehensive Income & Other	-5.19	4.18	3.47	2.87	-0.27
Total Common Equity	544.53	565.19	607.36	671.99	346.74
Minority Interest	-	4.83	7.07	9.39	35.27
Shareholders' Equity	544.53	570.01	614.43	681.38	382.02
Total Liabilities & Equity	706.99	780.37	730.5	805.61	722.81
Total Debt	61.31	63.68	23.4	85.07	80.86
Net Cash (Debt)	54.65	249.01	246.18	355.28	49.22
Net Cash Growth	-78.05%	1.15%	-30.71%	621.80%	-52.83%
Net Cash Per Share	0.23	1.06	1.04	1.73	0.24
Filing Date Shares Outstanding	237.48	237.16	237.25	236	206
Total Common Shares Outstanding	237.48	237.16	237.25	236	206
Working Capital	279.77	283.35	354.82	524.46	195.43
Book Value Per Share	2.29	2.38	2.56	2.85	1.68
Tangible Book Value	454.01	472.91	499.91	585.57	258.44
Tangible Book Value Per Share	1.91	1.99	2.11	2.48	1.25
Buildings	11.58	11.58	11.58	11.58	11.58
Machinery	18.82	18.4	17.46	20.04	37.47
Construction In Progress	46.04	44.19	33.53	-	-

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