SHE:002232 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	826.46	789.41	865.27	524.5	652.91
Cash & Short-Term Investments	826.46	789.41	865.27	524.5	652.91
Cash Growth	4.69%	-8.77%	64.97%	-19.67%	-35.91%
Accounts Receivable	588.53	597.47	666.13	855.56	425.86
Other Receivables	9.9	103.06	64.08	27.08	34.95
Receivables	598.43	700.54	730.21	882.64	460.81
Inventory	99.3	70.39	168.44	240.21	523.76
Prepaid Expenses	0.03	0.34	-	-	-
Other Current Assets	77.95	9.46	32.23	85.34	41.54
Total Current Assets	1,602	1,570	1,796	1,733	1,679
Property, Plant & Equipment	114.05	142.14	168.83	187.23	205.45
Long-Term Investments	5.58	50.58	5.58	155.58	155.58
Other Intangible Assets	211.19	177.8	167.06	90.02	31.72
Long-Term Accounts Receivable	3.07	4.26	2.77	8.61	-
Long-Term Deferred Tax Assets	31.73	28.92	28.16	34.4	37.15
Long-Term Deferred Charges	-	-	-	0.06	-
Other Long-Term Assets	6.55	8.34	8.66	16.98	10.82
Total Assets	1,974	1,982	2,177	2,226	2,120
Accounts Payable	359.51	318.58	509.7	544.35	455.7
Accrued Expenses	70.3	81.14	38.93	52.16	22.12
Current Portion of Leases	0.35	1.13	1.31	1.18	0.61
Current Income Taxes Payable	2.49	0.79	0.77	0.65	0.69
Current Unearned Revenue	41.3	57.16	105.21	144.37	199.61
Other Current Liabilities	43.27	93.42	83.49	40.72	36.05
Total Current Liabilities	517.23	552.23	739.41	783.42	714.79
Long-Term Leases	0.2	0.78	1.32	2.52	1.18
Long-Term Unearned Revenue	36.82	31.33	34.98	42.3	57.6
Pension & Post-Retirement Benefits	3.9	4.73	4.24	4.76	4.79
Long-Term Deferred Tax Liabilities	-	3.25	4.59	3.08	1.35
Other Long-Term Liabilities	2.4	4.57	7.05	7.04	10.93
Total Liabilities	560.55	596.89	791.58	843.13	790.64
Common Stock	408.55	408.55	408.55	408.55	408.55
Additional Paid-In Capital	289.1	289.1	289.1	294.9	294.37
Retained Earnings	716.3	687.84	687.85	678.96	626.21
Comprehensive Income & Other	-0.15	-0.22	0.11	0.04	-0.04
Total Common Equity	1,414	1,385	1,386	1,382	1,329
Shareholders' Equity	1,414	1,385	1,386	1,382	1,329
Total Liabilities & Equity	1,974	1,982	2,177	2,226	2,120
Total Debt	0.56	1.91	2.62	3.7	1.79
Net Cash (Debt)	825.91	787.5	862.65	520.8	651.11
Net Cash Growth	4.88%	-8.71%	65.64%	-20.01%	-36.09%
Net Cash Per Share	2.02	1.93	2.11	1.27	1.59
Filing Date Shares Outstanding	408.55	408.55	408.55	408.55	408.55
Total Common Shares Outstanding	408.55	408.55	408.55	408.55	408.55
Working Capital	1,085	1,018	1,057	949.28	964.22
Book Value Per Share	3.46	3.39	3.39	3.38	3.25
Tangible Book Value	1,203	1,207	1,219	1,292	1,297
Tangible Book Value Per Share	2.94	2.96	2.98	3.16	3.18
Buildings	316.65	318.92	323.5	328.32	331.25
Machinery	198.76	202.08	201.01	260.1	255.77

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