SHE:002632 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	380.47	257.18	521.16	453.04	391.47
Trading Asset Securities	531.23	563.51	-	60.1	159.39
Cash & Short-Term Investments	911.7	820.69	521.16	513.14	550.86
Cash Growth	11.09%	57.48%	1.56%	-6.85%	74.28%
Accounts Receivable	348.82	368.5	334.58	363.74	304.5
Other Receivables	9.46	25.52	34.23	101.38	35.78
Receivables	358.28	394.02	368.81	465.12	340.28
Inventory	325.7	426.72	460.14	467.67	1,275
Prepaid Expenses	-	-	-	-	35.4
Other Current Assets	37.12	36.49	39.1	42.74	123.25
Total Current Assets	1,633	1,678	1,389	1,489	2,324
Property, Plant & Equipment	793.03	886.05	973.36	1,045	959.59
Long-Term Investments	186.33	20.38	23.87	39.45	53.77
Other Intangible Assets	184.67	181.03	187.05	192.55	197.99
Long-Term Accounts Receivable	-	0.45	0.21	-	-
Long-Term Deferred Tax Assets	32.49	34.4	30.56	25.88	45.45
Long-Term Deferred Charges	0.47	0.21	0.43	0.4	0.71
Other Long-Term Assets	21.86	113.51	9.98	9.47	14.53
Total Assets	2,852	2,914	2,615	2,801	3,596
Accounts Payable	219.88	161.49	218.33	180.17	310.56
Accrued Expenses	25.51	52.19	44.95	41.34	50.33
Short-Term Debt	308.71	429.04	0.45	0.07	4.52
Current Portion of Long-Term Debt	-	-	-	0.35	-
Current Portion of Leases	-	-	0.22	0.18	0.05
Current Income Taxes Payable	26.64	23.12	13.64	67.74	28.64
Current Unearned Revenue	23.37	46.13	31.35	34.62	970.57
Other Current Liabilities	41.51	51.14	47.71	90.67	110.72
Total Current Liabilities	645.61	763.12	356.64	415.14	1,475
Long-Term Debt	-	-	-	0.46	-
Long-Term Leases	-	-	0.02	0.14	0.05
Long-Term Unearned Revenue	22.82	25.91	30.08	35.26	42.88
Long-Term Deferred Tax Liabilities	0.41	0.39	2.95	3.61	4.52
Other Long-Term Liabilities	-	-	3.41	4.43	2.24
Total Liabilities	668.84	789.42	393.1	459.04	1,525
Common Stock	624.6	624.6	624.6	624.6	624.6
Additional Paid-In Capital	799.7	799.7	799.58	799.58	799.58
Retained Earnings	789	745.32	843.96	954.61	671.92
Comprehensive Income & Other	-28.41	-43.41	-46.07	-36.63	-24.76
Total Common Equity	2,185	2,126	2,222	2,342	2,071
Minority Interest	-2.07	-1.67	-0.5	-0	0.06
Shareholders' Equity	2,183	2,125	2,222	2,342	2,071
Total Liabilities & Equity	2,852	2,914	2,615	2,801	3,596
Total Debt	308.71	429.04	0.69	1.19	4.62
Net Cash (Debt)	602.99	391.65	520.46	511.95	546.24
Net Cash Growth	53.96%	-24.75%	1.66%	-6.28%	296.98%
Net Cash Per Share	0.95	0.62	0.83	0.82	0.89
Filing Date Shares Outstanding	658.95	624.6	624.6	624.6	624.6
Total Common Shares Outstanding	658.95	624.6	624.6	624.6	624.6
Working Capital	987.19	914.8	1,033	1,074	849.04
Book Value Per Share	3.32	3.40	3.56	3.75	3.32
Tangible Book Value	2,000	1,945	2,035	2,150	1,873
Tangible Book Value Per Share	3.04	3.11	3.26	3.44	3.00
Buildings	-	760.78	753.65	752.08	542.01
Machinery	-	1,012	976.51	907.05	836.62
Construction In Progress	-	19.89	45.2	82.62	170.43

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