SHE:002690 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	1,412	1,560	1,420	1,455	1,082
Short-Term Investments	-	-	-	-	250
Trading Asset Securities	740.38	301.16	200.56	140.48	451.07
Cash & Short-Term Investments	2,152	1,862	1,620	1,595	1,783
Cash Growth	15.61%	14.88%	1.57%	-10.54%	23.14%
Accounts Receivable	397.93	462.71	573.79	357.28	197.43
Other Receivables	3.91	5.68	44.1	6.72	8.97
Receivables	401.84	468.39	617.9	364	206.4
Inventory	315.64	283.73	413.46	472.97	352.52
Prepaid Expenses	0.54	-	-	-	-
Other Current Assets	12.54	16.18	28.41	55.41	33.6
Total Current Assets	2,883	2,630	2,680	2,488	2,376
Property, Plant & Equipment	463.95	465.13	476.06	480.94	441.84
Long-Term Investments	190.23	183.11	189.7	261.51	342.49
Other Intangible Assets	68.38	56.73	56.74	57.85	56.64
Long-Term Deferred Tax Assets	1.27	1	16.21	16.18	13
Long-Term Deferred Charges	1.21	1.55	-	-	0.01
Other Long-Term Assets	0.42	0.45	5.88	10.74	22.97
Total Assets	3,608	3,338	3,425	3,315	3,253
Accounts Payable	331.98	289.37	362.63	347.15	407.37
Accrued Expenses	202.72	131.69	115.89	94.83	83.29
Current Income Taxes Payable	29.14	25.02	34.54	18.28	4.75
Current Unearned Revenue	67.61	48.28	49.41	66.64	86
Other Current Liabilities	22.74	18.71	49.89	73.55	68.04
Total Current Liabilities	654.19	513.06	612.36	600.45	649.44
Long-Term Unearned Revenue	22.62	27.35	31.92	33.18	54.07
Long-Term Deferred Tax Liabilities	4.39	6.58	21.38	32.08	43.87
Other Long-Term Liabilities	-	2.8	-	-	-
Total Liabilities	681.21	549.78	665.65	665.7	747.39
Common Stock	882.23	882.26	882.33	882.48	678.27
Additional Paid-In Capital	290.29	291.13	283	265.61	441.78
Retained Earnings	1,612	1,510	1,477	1,348	1,161
Treasury Stock	-	-35.81	-28.43	-53.07	-46.22
Comprehensive Income & Other	142.68	140.25	145.08	206.1	270.84
Total Common Equity	2,927	2,788	2,759	2,649	2,505
Shareholders' Equity	2,927	2,788	2,759	2,649	2,505
Total Liabilities & Equity	3,608	3,338	3,425	3,315	3,253
Net Cash (Debt)	2,152	1,862	1,620	1,595	1,783
Net Cash Growth	15.61%	14.88%	1.57%	-10.54%	23.14%
Net Cash Per Share	2.44	2.11	1.84	1.81	2.03
Filing Date Shares Outstanding	882.23	873.07	873.98	878.37	878.8
Total Common Shares Outstanding	882.23	873.07	873.98	878.37	878.8
Working Capital	2,229	2,117	2,068	1,887	1,726
Book Value Per Share	3.32	3.19	3.16	3.02	2.85
Tangible Book Value	2,859	2,731	2,702	2,591	2,449
Tangible Book Value Per Share	3.24	3.13	3.09	2.95	2.79
Buildings	463.38	463.38	463.38	429.01	371.19
Machinery	220.27	206.2	193.67	180.32	132.56
Construction In Progress	23.69	7.95	-	21.66	78.1

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