SHE:002362 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	645.95	642.01	631.78	503.97	472.35
Trading Asset Securities	51.05	27.16	91.32	412.3	494.96
Cash & Short-Term Investments	697	669.16	723.09	916.27	967.31
Cash Growth	4.16%	-7.46%	-21.08%	-5.28%	-8.22%
Accounts Receivable	185.28	232.99	191.57	160.08	150.77
Other Receivables	25.07	34.39	37.69	41.93	44.95
Receivables	210.34	267.39	229.27	215.01	195.72
Inventory	462.38	431.24	447.26	431.78	546.96
Prepaid Expenses	-	3.86	0.42	0.49	0.47
Other Current Assets	75.3	73.02	70.81	74.99	89.75
Total Current Assets	1,445	1,445	1,471	1,639	1,800
Property, Plant & Equipment	162.82	182.15	180.07	193.64	207.5
Long-Term Investments	20.81	17.04	18.38	27.56	51.66
Goodwill	2.32	2.32	2.32	2.32	2.32
Other Intangible Assets	227.54	161.16	107.93	79.89	46.21
Long-Term Deferred Tax Assets	17.46	17.58	18.34	18.37	15.36
Long-Term Deferred Charges	53.59	127.01	98.43	59.23	69.26
Other Long-Term Assets	0.06	-	-	-	-
Total Assets	1,930	1,952	1,896	2,020	2,193
Accounts Payable	239.67	267.26	205.5	133.95	166.55
Accrued Expenses	79.88	139.08	110.59	111.26	101.42
Short-Term Debt	287.3	143.46	76.14	72.84	32.03
Current Portion of Long-Term Debt	42.53	-	-	-	-
Current Portion of Leases	-	8.96	2.15	5.18	5.5
Current Income Taxes Payable	26.08	13.06	13.09	13.9	31.13
Current Unearned Revenue	70.63	63.67	70.12	49.95	54.72
Other Current Liabilities	68.47	30.83	33.71	32.28	30.21
Total Current Liabilities	814.56	666.33	511.31	419.36	421.57
Long-Term Debt	10.51	-	-	-	-
Long-Term Leases	6.85	6.37	1.06	2.1	5.03
Long-Term Unearned Revenue	3.19	2.6	3.55	14.23	2.49
Long-Term Deferred Tax Liabilities	0.34	0.55	0.38	0.34	0.25
Other Long-Term Liabilities	0.1	-	-	2.53	0.5
Total Liabilities	835.55	675.85	516.3	438.55	429.83
Common Stock	244.45	244.45	244.45	244.45	244.45
Additional Paid-In Capital	1,485	1,485	1,487	1,487	1,491
Retained Earnings	-753.9	-557.95	-446.47	-311.71	-175.45
Comprehensive Income & Other	-26.49	-31.01	-32.29	-28.13	-26.2
Total Common Equity	948.94	1,141	1,252	1,391	1,533
Minority Interest	145.14	135.22	127.58	189.63	229.32
Shareholders' Equity	1,094	1,276	1,380	1,581	1,763
Total Liabilities & Equity	1,930	1,952	1,896	2,020	2,193
Total Debt	347.18	158.79	79.35	80.12	42.56
Net Cash (Debt)	349.82	510.37	643.75	836.15	924.74
Net Cash Growth	-31.46%	-20.72%	-23.01%	-9.58%	-12.26%
Net Cash Per Share	1.43	2.09	2.63	3.42	3.78
Filing Date Shares Outstanding	244.43	244.45	244.45	244.45	244.45
Total Common Shares Outstanding	244.43	244.45	244.45	244.45	244.45
Working Capital	630.47	778.35	959.56	1,219	1,379
Book Value Per Share	3.88	4.67	5.12	5.69	6.27
Tangible Book Value	719.08	977.39	1,142	1,309	1,485
Tangible Book Value Per Share	2.94	4.00	4.67	5.36	6.07
Buildings	-	223.71	223.73	223.11	223.11
Machinery	-	174.59	170.39	164.09	165.03

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