SHE:002660 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	240.94	399.57	624.3	619.06	250.22
Short-Term Investments	7.61	5.45	4.78	4.58	-
Trading Asset Securities	316.75	199.15	0.41	0.36	0.11
Cash & Short-Term Investments	565.31	604.16	629.49	624	250.33
Cash Growth	-6.43%	-4.02%	0.88%	149.27%	-30.25%
Accounts Receivable	506.3	603.5	520.56	551.75	657.08
Other Receivables	4.43	33.76	0.81	5.37	16.38
Receivables	510.73	637.27	521.37	557.12	673.47
Inventory	163.2	183.87	158.14	200.74	241.88
Prepaid Expenses	71.22	46.48	0.79	1.53	0.16
Other Current Assets	7.53	9.79	42.1	70.02	72.48
Total Current Assets	1,318	1,482	1,352	1,453	1,238
Property, Plant & Equipment	324.67	362.3	377.57	360.01	382.75
Long-Term Investments	45.81	40.03	8.89	21.39	45.99
Other Intangible Assets	17.12	19.44	21.88	23.81	26.82
Long-Term Accounts Receivable	-	-	-	-	0.96
Long-Term Deferred Tax Assets	69.92	43.74	31.97	33.05	28.49
Long-Term Deferred Charges	10.67	5.23	5.49	6.26	9.74
Other Long-Term Assets	12.33	8.72	4.54	4.55	7.43
Total Assets	1,799	1,961	1,802	1,902	1,740
Accounts Payable	491.54	455.5	330.4	476.54	545.51
Accrued Expenses	115.48	40.8	44.21	73.64	40
Short-Term Debt	45.02	46.03	39.92	20.13	254.78
Current Portion of Long-Term Debt	-	-	-	-	7.26
Current Portion of Leases	9.51	15.77	9.77	9.08	8.74
Current Income Taxes Payable	0.47	2.84	1.15	1.17	6.39
Current Unearned Revenue	13.36	14.22	10.75	14.05	18.1
Other Current Liabilities	63.67	50.4	42.3	40.15	98.32
Total Current Liabilities	739.05	625.56	478.51	634.76	979.11
Long-Term Leases	13.41	14.2	17.03	5.87	17.16
Long-Term Unearned Revenue	1	2.6	3.65	3.88	5.54
Long-Term Deferred Tax Liabilities	-	-	0.06	0.04	0.02
Other Long-Term Liabilities	28.52	14.74	20.03	20.46	19.88
Total Liabilities	781.98	657.1	519.28	665.01	1,022
Common Stock	356.63	356.63	356.63	356.63	274.33
Additional Paid-In Capital	781.12	781.12	781.21	781.21	411.48
Retained Earnings	-18.73	251.24	219.42	178.51	94.47
Comprehensive Income & Other	-92.77	-92.02	-92.35	-81.3	-62.68
Total Common Equity	1,026	1,297	1,265	1,235	717.6
Minority Interest	-9.71	6.97	18.06	2.43	1.17
Shareholders' Equity	1,017	1,304	1,283	1,237	718.78
Total Liabilities & Equity	1,799	1,961	1,802	1,902	1,740
Total Debt	67.94	76	66.73	35.08	287.94
Net Cash (Debt)	497.36	528.15	562.76	588.92	-37.61
Net Cash Growth	-5.83%	-6.15%	-4.44%	-	-
Net Cash Per Share	1.40	1.49	1.54	1.87	-0.14
Filing Date Shares Outstanding	356.63	356.63	356.63	356.63	274.33
Total Common Shares Outstanding	356.63	356.63	356.63	356.63	274.33
Working Capital	578.94	856	873.38	818.65	259.2
Book Value Per Share	2.88	3.64	3.55	3.46	2.62
Tangible Book Value	1,009	1,278	1,243	1,211	690.78
Tangible Book Value Per Share	2.83	3.58	3.49	3.40	2.52
Buildings	220.07	220.07	220.07	220.07	221
Machinery	340.86	357.37	344.25	325.27	314.29
Construction In Progress	-	-	12.09	2.47	7.59

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