SHE:002613 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	416.27	533.35	534.24	394.34	451.17
Short-Term Investments	-	10	-	-	-
Trading Asset Securities	332.11	420.84	132.28	202.85	303.94
Cash & Short-Term Investments	748.38	964.19	666.52	597.18	755.11
Cash Growth	-22.38%	44.66%	11.61%	-20.91%	2.41%
Accounts Receivable	411.65	431.48	546.05	315.47	482.03
Other Receivables	4.19	8.89	4.81	76.77	4.2
Receivables	415.84	440.36	550.86	392.24	486.23
Inventory	384.67	450.42	432.11	466.74	471.15
Prepaid Expenses	-	2.96	0.53	-	0.46
Other Current Assets	212.98	115.26	42.02	48.84	43.36
Total Current Assets	1,762	1,973	1,692	1,505	1,756
Property, Plant & Equipment	659.55	589.48	553.88	497.5	432.31
Long-Term Investments	5.38	239.52	5.38	5.38	43.01
Goodwill	-	-	0.89	0.89	0.89
Other Intangible Assets	180.98	192.95	197.12	202.68	143.06
Long-Term Deferred Tax Assets	33.61	28.75	19.56	24.85	23.42
Long-Term Deferred Charges	0.02	6.08	5.52	5.28	5.07
Other Long-Term Assets	217.99	79.15	61.82	53.57	93.7
Total Assets	2,859	3,109	2,536	2,295	2,498
Accounts Payable	214.78	259.43	365.85	206.03	426.23
Accrued Expenses	37.21	49.07	35.97	37.3	39.44
Current Portion of Long-Term Debt	2.01	-	-	-	-
Current Income Taxes Payable	9.66	-	-	0.71	4.95
Current Unearned Revenue	239.55	453.97	292.98	266.32	319.24
Other Current Liabilities	28.38	41.04	35.16	59.94	36.21
Total Current Liabilities	531.58	803.5	729.95	570.3	826.08
Long-Term Leases	2.09	-	-	-	-
Long-Term Unearned Revenue	48.43	44.48	45.6	46.69	32.6
Long-Term Deferred Tax Liabilities	15.65	14	8.98	9.53	7.45
Other Long-Term Liabilities	14.33	10.67	10.82	8	8.22
Total Liabilities	612.08	872.65	795.35	634.52	874.35
Common Stock	1,101	1,101	937.17	937.17	937.17
Additional Paid-In Capital	605.54	602.49	272.47	272.3	211.92
Retained Earnings	498.51	500.16	500.6	417.93	383.4
Total Common Equity	2,205	2,203	1,710	1,627	1,532
Minority Interest	42.71	33.24	30.62	33.23	90.93
Shareholders' Equity	2,247	2,236	1,741	1,661	1,623
Total Liabilities & Equity	2,859	3,109	2,536	2,295	2,498
Total Debt	4.1	-	-	-	-
Net Cash (Debt)	744.28	964.19	666.52	597.18	755.11
Net Cash Growth	-22.81%	44.66%	11.61%	-20.91%	2.41%
Net Cash Per Share	0.68	1.00	0.71	0.64	0.81
Filing Date Shares Outstanding	1,115	1,101	937.17	937.17	937.17
Total Common Shares Outstanding	1,115	1,101	937.17	937.17	937.17
Working Capital	1,230	1,170	962.08	934.7	930.23
Book Value Per Share	1.98	2.00	1.82	1.74	1.64
Tangible Book Value	2,024	2,010	1,512	1,424	1,389
Tangible Book Value Per Share	1.81	1.83	1.61	1.52	1.48
Buildings	-	508.61	376.72	375.48	375.48
Machinery	-	579.59	645.42	557.61	570.26
Construction In Progress	-	129.56	186.19	162.1	65.64

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