SHE:002644 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	524.49	397.89	406.04	397.85	374.94
Trading Asset Securities	-	-	-	2	-
Cash & Short-Term Investments	524.49	397.89	406.04	399.85	374.94
Cash Growth	31.82%	-2.01%	1.55%	6.64%	-17.06%
Accounts Receivable	474.08	413.57	382.65	435.88	344.8
Other Receivables	3.28	45.59	50.5	62.98	12.34
Receivables	477.36	459.17	433.15	498.87	357.14
Inventory	289.84	339.99	369.72	363.26	258.83
Prepaid Expenses	-	0.04	0.9	-	-
Other Current Assets	41.05	24.79	29.06	42	43.72
Total Current Assets	1,333	1,222	1,239	1,304	1,035
Property, Plant & Equipment	986.96	1,032	1,062	1,068	1,092
Long-Term Investments	69.93	55.66	64.1	68.67	71.65
Goodwill	9.01	9.01	9.01	9.01	4.47
Other Intangible Assets	73.55	76.87	79.55	76.79	71.96
Long-Term Deferred Tax Assets	65.79	61.81	53.65	53.98	51.11
Long-Term Deferred Charges	1.84	3.76	7.65	6	0.89
Other Long-Term Assets	7.66	8.78	13.43	20.41	25.76
Total Assets	2,547	2,470	2,528	2,606	2,352
Accounts Payable	263.63	213.09	310.37	314.47	214.3
Accrued Expenses	1.78	10.21	11.46	28.86	9.9
Short-Term Debt	21.7	10	10	-	-
Current Portion of Long-Term Debt	16.09	13.92	13.89	13.4	14.2
Current Portion of Leases	-	0.82	0.8	0.87	0.5
Current Income Taxes Payable	26.27	19.08	27.42	44.74	44.26
Current Unearned Revenue	50.75	16.05	47.02	99.93	35.91
Other Current Liabilities	60.41	96.56	46.74	40.28	55.78
Total Current Liabilities	440.62	379.73	467.69	542.54	374.84
Long-Term Debt	6.2	15	26.6	40.37	53.14
Long-Term Leases	1.51	1.05	1.35	0.97	0.81
Long-Term Unearned Revenue	241.4	256.1	260.96	278.15	294.96
Long-Term Deferred Tax Liabilities	2.3	2.93	3.07	3.18	0.85
Total Liabilities	692.03	654.81	759.67	865.21	724.59
Common Stock	510.66	510.66	510.66	510.66	510.66
Additional Paid-In Capital	337.39	337.39	337.38	352.33	343.51
Retained Earnings	983.95	940.88	896.13	854.47	758.78
Comprehensive Income & Other	0.66	0.96	1.21	1.6	1.62
Total Common Equity	1,833	1,790	1,745	1,719	1,615
Minority Interest	22.79	25.09	23.06	22.17	12.92
Shareholders' Equity	1,855	1,815	1,768	1,741	1,628
Total Liabilities & Equity	2,547	2,470	2,528	2,606	2,352
Total Debt	45.49	40.79	52.63	55.6	68.65
Net Cash (Debt)	479	357.1	353.41	344.26	306.29
Net Cash Growth	34.13%	1.04%	2.66%	12.39%	-12.86%
Net Cash Per Share	0.94	0.70	0.69	0.67	0.60
Filing Date Shares Outstanding	510.33	510.66	510.66	510.66	510.66
Total Common Shares Outstanding	510.33	510.66	510.66	510.66	510.66
Working Capital	892.12	842.16	771.18	761.43	659.79
Book Value Per Share	3.59	3.51	3.42	3.37	3.16
Tangible Book Value	1,750	1,704	1,657	1,633	1,538
Tangible Book Value Per Share	3.43	3.34	3.24	3.20	3.01
Buildings	-	945.9	938.67	933.74	927.81
Machinery	-	377.02	366.31	333.01	317.82
Construction In Progress	-	1.76	3.3	-	-

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