SHE:002214 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	135.39	160.26	274.53	500.72	688.8
Trading Asset Securities	-	-	-	-	50.38
Cash & Short-Term Investments	135.39	160.26	274.53	500.72	739.18
Cash Growth	-15.52%	-41.63%	-45.17%	-32.26%	425.00%
Accounts Receivable	483.4	638.2	791.71	938.36	937.42
Other Receivables	30.2	15.75	17.56	32.75	22.79
Receivables	513.61	653.95	809.27	971.11	960.21
Inventory	460.86	500.08	511.06	510.37	445.54
Other Current Assets	60.88	59.2	80.47	72.38	99.92
Total Current Assets	1,171	1,373	1,675	2,055	2,245
Property, Plant & Equipment	702.55	709.93	666.61	589.52	528.83
Long-Term Investments	24.76	-	-	-	-
Goodwill	-	-	11.62	25.8	36.28
Other Intangible Assets	31.56	34.76	38.58	32.53	26.35
Long-Term Accounts Receivable	-	0.9	-	-	-
Long-Term Deferred Tax Assets	96.7	91.95	73.75	65.75	20.3
Other Long-Term Assets	3.32	2.83	3	4.67	4.88
Total Assets	2,030	2,214	2,469	2,773	2,862
Accounts Payable	304.69	235.04	209.54	263.42	181.46
Accrued Expenses	29.56	32.24	34.43	36.46	25.51
Short-Term Debt	70.99	88.32	46.65	15.69	50.58
Current Portion of Long-Term Debt	213.53	54.36	3.64	51.07	-
Current Income Taxes Payable	5.91	0.01	0.06	0.02	-
Current Unearned Revenue	9.67	8.74	11.69	11.48	6.66
Other Current Liabilities	48.54	61.65	8.07	23.84	42.95
Total Current Liabilities	682.89	480.34	314.08	401.98	307.17
Long-Term Debt	45	203.3	188.82	48.53	-
Long-Term Unearned Revenue	16.1	15.43	3.27	11.11	16.07
Long-Term Deferred Tax Liabilities	-	-	-	-	0.06
Other Long-Term Liabilities	1.89	1.89	1.89	1.89	1.89
Total Liabilities	745.87	700.96	508.06	463.51	325.18
Common Stock	599.24	599.24	599.24	599.24	599.24
Additional Paid-In Capital	973.65	972.04	968.91	961.31	1,017
Retained Earnings	-179.63	44.26	457.98	780.12	978.3
Treasury Stock	-79.41	-79.41	-59.38	-29.31	-70.1
Total Common Equity	1,314	1,536	1,967	2,311	2,525
Minority Interest	-30.1	-23.22	-5.92	-2.03	11.78
Shareholders' Equity	1,284	1,513	1,961	2,309	2,536
Total Liabilities & Equity	2,030	2,214	2,469	2,773	2,862
Total Debt	329.52	345.97	239.11	115.29	50.58
Net Cash (Debt)	-194.13	-185.72	35.42	385.44	688.6
Net Cash Growth	-	-	-90.81%	-44.03%	-
Net Cash Per Share	-0.33	-0.31	0.06	0.64	1.17
Filing Date Shares Outstanding	577.78	592.94	593.67	597.15	595.2
Total Common Shares Outstanding	577.78	592.94	594.64	597.15	595.2
Working Capital	487.85	893.15	1,361	1,653	1,938
Book Value Per Share	2.27	2.59	3.31	3.87	4.24
Tangible Book Value	1,282	1,501	1,917	2,253	2,462
Tangible Book Value Per Share	2.22	2.53	3.22	3.77	4.14
Buildings	-	464.66	464.66	455.54	437.91
Machinery	-	291.31	271.98	232.84	202.5
Construction In Progress	-	191.94	139.52	80.53	40.89

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