SHE:002689 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	Dec '21 Dec 31, 2021
Cash & Equivalents	475.81	323.07	343.67	288.91	365.45
Short-Term Investments	-	-	-	30.9	-
Trading Asset Securities	70.54	19.06	88.61	-	-
Cash & Short-Term Investments	546.35	342.13	432.28	319.81	365.45
Cash Growth	59.69%	-20.86%	35.17%	-12.49%	23.27%
Accounts Receivable	540.72	503.13	458.79	435.95	417.87
Other Receivables	38.72	52.61	38.5	45.37	32.67
Receivables	579.44	555.74	497.29	481.32	450.55
Inventory	277.86	339.75	337.53	488.66	495.87
Prepaid Expenses	-	0.38	-	-	-
Other Current Assets	26.45	25.14	17.82	49.72	16.57
Total Current Assets	1,430	1,263	1,285	1,340	1,328
Property, Plant & Equipment	205.34	235.36	280.77	295.52	370.59
Other Intangible Assets	168.66	174.38	188.43	181.55	245.7
Long-Term Deferred Tax Assets	50.47	53.22	60.77	67.14	64.54
Long-Term Deferred Charges	-	-	-	-	0.03
Other Long-Term Assets	112.8	106.94	87.08	86.53	115.96
Total Assets	1,967	1,833	1,902	1,970	2,125
Accounts Payable	435.67	327.08	380.83	391.01	431.17
Accrued Expenses	1.95	5.68	4.16	5.77	9.37
Current Portion of Leases	-	3.65	3.71	-	-
Current Income Taxes Payable	11.48	0.06	1.1	0.63	0.65
Current Unearned Revenue	119.04	173.71	180.68	246.4	241.44
Other Current Liabilities	33.52	42.13	48.11	52.31	61.6
Total Current Liabilities	601.66	552.31	618.58	696.11	744.23
Long-Term Leases	0.44	1.58	3.73	-	-
Long-Term Unearned Revenue	76.21	89.69	106.16	123.79	138.72
Long-Term Deferred Tax Liabilities	1.54	2.42	2.68	0.41	0.44
Other Long-Term Liabilities	9.81	8.28	7.12	11.17	4.54
Total Liabilities	689.66	654.28	738.28	831.47	887.94
Common Stock	1,043	1,043	1,043	1,043	1,043
Additional Paid-In Capital	87.09	87.09	87.09	92.29	81.57
Retained Earnings	155.34	54.69	36.57	5.56	116.96
Comprehensive Income & Other	-8.03	-6.33	-3.29	-2.39	-4.52
Total Common Equity	1,278	1,179	1,164	1,139	1,237
Shareholders' Equity	1,278	1,179	1,164	1,139	1,237
Total Liabilities & Equity	1,967	1,833	1,902	1,970	2,125
Total Debt	0.44	5.23	7.44	-	-
Net Cash (Debt)	545.91	336.89	424.84	319.81	365.45
Net Cash Growth	62.04%	-20.70%	32.84%	-12.49%	23.27%
Net Cash Per Share	0.52	0.32	0.41	0.31	0.35
Filing Date Shares Outstanding	1,044	1,043	1,043	1,043	1,043
Total Common Shares Outstanding	1,044	1,043	1,043	1,043	1,043
Working Capital	828.44	710.84	666.33	643.4	584.21
Book Value Per Share	1.22	1.13	1.12	1.09	1.19
Tangible Book Value	1,109	1,004	975.26	957.22	991.62
Tangible Book Value Per Share	1.06	0.96	0.93	0.92	0.95
Buildings	-	486.6	497.45	495.55	541.34
Machinery	-	198.6	205.78	222.53	239.67
Construction In Progress	-	0.11	2.19	0.25	12.73

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.