SHE:002662 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,006	612.53	480.17	326.58	243.83
Trading Asset Securities	40	340	-	30.07	-
Cash & Short-Term Investments	1,046	952.53	480.17	356.66	243.83
Cash Growth	9.83%	98.38%	34.63%	46.28%	-44.26%
Accounts Receivable	844.72	810.29	1,061	953.78	940.06
Other Receivables	2.43	2.04	21.64	38.61	41.41
Receivables	847.15	812.33	1,083	992.39	981.47
Inventory	434.91	458.85	534.43	644.06	712.29
Prepaid Expenses	-	1.18	0.77	1.29	0.04
Other Current Assets	115.68	99.9	98	76.23	168.44
Total Current Assets	2,444	2,325	2,196	2,071	2,106
Property, Plant & Equipment	2,686	2,079	2,101	2,039	1,873
Long-Term Investments	312.04	305.61	329.04	332.21	308.41
Goodwill	-	-	-	-	61.61
Other Intangible Assets	531.82	448.85	461.07	326.47	203.19
Long-Term Deferred Tax Assets	20.04	21.78	17.19	13.17	14.5
Long-Term Deferred Charges	-	-	-	0.04	4.61
Other Long-Term Assets	133.62	135.55	115.65	114.3	144.24
Total Assets	6,128	5,315	5,220	4,895	4,716
Accounts Payable	701.6	318.32	521.36	637.32	682.3
Accrued Expenses	35.76	57.17	65.6	53.88	60.42
Short-Term Debt	623.8	520.9	410.33	410.27	645.68
Current Portion of Long-Term Debt	29.03	1	-	-	-
Current Portion of Leases	-	-	-	-	1.52
Current Income Taxes Payable	39.85	6.59	28.06	14.26	17.9
Current Unearned Revenue	27.87	33.36	47.36	43.98	4.57
Other Current Liabilities	15.8	9.46	4.46	6.29	7.56
Total Current Liabilities	1,474	946.81	1,077	1,166	1,420
Long-Term Debt	-	29.03	-	-	-
Long-Term Leases	-	-	-	-	0.13
Long-Term Unearned Revenue	23.53	29.34	35.19	19.98	22.58
Long-Term Deferred Tax Liabilities	2.27	2.59	3.64	4.2	4.68
Other Long-Term Liabilities	180	-	-	-	-
Total Liabilities	1,680	1,008	1,116	1,190	1,447
Common Stock	1,500	1,500	1,500	1,500	1,500
Additional Paid-In Capital	1,684	1,684	1,684	1,684	1,684
Retained Earnings	1,264	1,123	919.18	520.72	83.76
Total Common Equity	4,448	4,308	4,104	3,705	3,268
Shareholders' Equity	4,448	4,308	4,104	3,705	3,268
Total Liabilities & Equity	6,128	5,315	5,220	4,895	4,716
Total Debt	652.83	550.93	410.33	410.27	647.33
Net Cash (Debt)	393.36	401.6	69.84	-53.61	-403.51
Net Cash Growth	-2.05%	475.01%	-	-	-
Net Cash Per Share	0.27	0.27	0.05	-0.04	-0.28
Filing Date Shares Outstanding	1,490	1,500	1,500	1,500	1,500
Total Common Shares Outstanding	1,490	1,500	1,500	1,500	1,500
Working Capital	970.22	1,378	1,119	904.62	686.12
Book Value Per Share	2.99	2.87	2.74	2.47	2.18
Tangible Book Value	3,917	3,859	3,643	3,379	3,003
Tangible Book Value Per Share	2.63	2.57	2.43	2.25	2.00
Buildings	-	1,123	1,015	1,008	894.09
Machinery	-	2,489	2,279	2,247	2,175
Construction In Progress	-	217.54	357.1	183.43	51.33

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