SHE:002365 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	230.59	320.41	326.17	274.72	93.51
Trading Asset Securities	687.89	600.16	630.1	557.5	454.02
Cash & Short-Term Investments	918.47	920.57	956.27	832.22	547.53
Cash Growth	-0.23%	-3.73%	14.91%	52.00%	-26.83%
Accounts Receivable	124.97	161.79	171.53	187.23	332.27
Other Receivables	5.44	6.14	6.33	8.12	11.63
Receivables	130.41	167.93	177.86	195.35	343.9
Inventory	90.89	93.5	69.9	149.6	145.78
Other Current Assets	12.97	16.66	9.57	18.18	28.69
Total Current Assets	1,153	1,199	1,214	1,195	1,066
Property, Plant & Equipment	878.49	948.07	953.61	1,022	988.96
Long-Term Investments	74.46	74.55	68.3	81.37	115.23
Goodwill	-	-	0.52	8.77	8.77
Other Intangible Assets	76.82	79.56	82.39	84.49	87.93
Long-Term Deferred Tax Assets	11.41	5.84	11.26	9.73	9.94
Other Long-Term Assets	6.74	1.93	17.46	22.03	9.21
Total Assets	2,201	2,309	2,347	2,424	2,286
Accounts Payable	115.57	124.02	160.65	162.77	114.91
Accrued Expenses	39.6	41.07	40.04	47.5	47
Short-Term Debt	0.75	39.53	10.01	40.01	20.38
Current Income Taxes Payable	8.91	7.06	7.84	0.61	2.37
Current Unearned Revenue	20.1	19.28	15.59	11.77	21.53
Other Current Liabilities	19.01	17.38	23.12	22.46	87.18
Total Current Liabilities	203.94	248.34	257.26	285.13	293.37
Long-Term Unearned Revenue	9.28	7.46	8.5	11.31	13.05
Long-Term Deferred Tax Liabilities	5.5	10.75	33.09	24.74	22.53
Total Liabilities	218.72	266.55	298.85	321.17	328.95
Common Stock	294.68	294.68	294.68	294.68	294.68
Additional Paid-In Capital	722.3	714.44	712.92	712.78	712.23
Retained Earnings	979.48	985.91	953.42	995.2	854.85
Treasury Stock	-40.48	-24.18	-	-	-
Comprehensive Income & Other	31.02	22.94	22.89	14.71	4.16
Total Common Equity	1,987	1,994	1,984	2,017	1,866
Minority Interest	-5.07	48.28	64.38	85.63	91.06
Shareholders' Equity	1,982	2,042	2,048	2,103	1,957
Total Liabilities & Equity	2,201	2,309	2,347	2,424	2,286
Total Debt	0.75	39.53	10.01	40.01	20.38
Net Cash (Debt)	917.72	881.04	946.26	792.2	527.15
Net Cash Growth	4.16%	-6.89%	19.45%	50.28%	-15.78%
Net Cash Per Share	3.17	2.99	3.21	2.69	1.84
Filing Date Shares Outstanding	289.15	289.15	294.68	294.68	294.68
Total Common Shares Outstanding	289.15	291.24	294.68	294.68	294.68
Working Capital	948.81	950.32	956.34	910.22	772.52
Book Value Per Share	6.87	6.85	6.73	6.85	6.33
Tangible Book Value	1,910	1,914	1,901	1,924	1,769
Tangible Book Value Per Share	6.61	6.57	6.45	6.53	6.00
Buildings	633.95	581.93	573.53	546.87	547.89
Machinery	1,335	1,306	1,268	1,210	1,083
Construction In Progress	18.9	66.41	26.12	51.55	43.07

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