SHE:002576 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	438.8	477.23	266.82	187.28	235.91
Short-Term Investments	-	-	20.03	30	-
Trading Asset Securities	40.09	-	50.12	-	146.45
Cash & Short-Term Investments	478.89	477.23	336.97	217.28	382.37
Cash Growth	0.35%	41.63%	55.08%	-43.18%	84.14%
Accounts Receivable	808.07	808.75	595.19	639.3	539.96
Other Receivables	11.51	10.55	6.31	4.99	1.58
Receivables	819.58	819.31	601.5	644.29	541.55
Inventory	307.65	323.68	314.86	415.15	478.82
Other Current Assets	90.33	96.07	86.77	149.49	209.48
Total Current Assets	1,696	1,716	1,340	1,426	1,612
Property, Plant & Equipment	277.85	285.55	250.41	230.32	202.34
Other Intangible Assets	37.49	37.58	38.68	39.43	40.22
Long-Term Deferred Tax Assets	8.52	8.88	8.3	10.16	7.21
Other Long-Term Assets	41.14	44.68	49.03	52.04	62.88
Total Assets	2,061	2,093	1,687	1,758	1,925
Accounts Payable	515.39	610.12	323.61	338.78	563.1
Accrued Expenses	51.49	47.88	45.28	43.13	43.7
Short-Term Debt	110.35	114.02	50.01	190	188
Current Portion of Long-Term Debt	-	-	-	-	0.03
Current Income Taxes Payable	5.31	4.5	3.51	4.84	8.79
Current Unearned Revenue	13.25	25.19	24.62	26.6	26.57
Other Current Liabilities	27.16	22.78	26.73	30.65	31.39
Total Current Liabilities	722.94	824.48	473.77	634	861.59
Long-Term Unearned Revenue	9.81	7.6	8.75	3.71	1.5
Long-Term Deferred Tax Liabilities	14.93	14.67	15.52	13.47	7.39
Other Long-Term Liabilities	-	-	-	-	1.01
Total Liabilities	747.68	846.74	498.04	651.18	871.48
Common Stock	165.1	165.1	165.1	165.1	165.1
Additional Paid-In Capital	547.06	547.06	547.06	547.06	547.06
Retained Earnings	614.27	545.1	487.68	405.95	351.66
Treasury Stock	-0.27	-	-	-	-
Total Common Equity	1,326	1,257	1,200	1,118	1,064
Minority Interest	-12.38	-11.02	-11.36	-11.12	-10.42
Shareholders' Equity	1,314	1,246	1,188	1,107	1,053
Total Liabilities & Equity	2,061	2,093	1,687	1,758	1,925
Total Debt	110.35	114.02	50.01	190	188.03
Net Cash (Debt)	368.55	363.21	286.96	27.28	194.33
Net Cash Growth	1.47%	26.57%	951.88%	-85.96%	-6.35%
Net Cash Per Share	2.24	2.18	1.73	0.17	1.17
Filing Date Shares Outstanding	163.45	165.1	165.1	165.1	165.1
Total Common Shares Outstanding	165.08	165.1	165.1	165.1	165.1
Working Capital	973.52	891.81	866.34	792.21	750.62
Book Value Per Share	8.03	7.62	7.27	6.77	6.44
Tangible Book Value	1,289	1,220	1,161	1,079	1,024
Tangible Book Value Per Share	7.81	7.39	7.03	6.53	6.20
Buildings	181.56	179.44	169.75	173.9	171.53
Machinery	481.39	454.25	386.04	346.35	302
Construction In Progress	2.35	0.19	11.82	0.11	0.11

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