SHE:002693 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	59.05	45.11	3.39	12.2	21.62
Trading Asset Securities	0.05	0	28.52	133.81	55.4
Cash & Short-Term Investments	59.1	45.11	31.9	146.01	77.02
Cash Growth	31.01%	41.39%	-78.15%	89.57%	-23.02%
Accounts Receivable	66.83	15.17	16.36	28.13	20.77
Other Receivables	11.65	11.39	11.74	11.58	11.85
Receivables	78.48	26.56	28.1	39.71	32.62
Inventory	66.09	80.54	74.31	65.41	55.24
Other Current Assets	1.05	3.76	0.93	1.26	0.57
Total Current Assets	204.71	155.97	135.24	252.39	165.45
Property, Plant & Equipment	399.69	420.62	457.6	471.77	504.73
Long-Term Investments	-	-	10	-	-
Other Intangible Assets	104.88	57.92	52.81	72.09	78.82
Long-Term Deferred Tax Assets	1.37	1	1.52	0.97	1.03
Long-Term Deferred Charges	90.34	124.25	124.22	96.3	80.14
Other Long-Term Assets	24.77	24.1	21.87	17.5	24.38
Total Assets	825.78	783.87	803.25	911.02	854.56
Accounts Payable	23.84	21.09	17.14	15.5	17.16
Accrued Expenses	16.35	16.38	24.52	36.35	40.61
Short-Term Debt	-	63.45	41	18.06	10.45
Current Portion of Long-Term Debt	124.72	28.26	10.05	205.3	0.25
Current Income Taxes Payable	10.52	-	-	-	-
Current Unearned Revenue	51.73	38.78	31.88	23.53	12.35
Other Current Liabilities	79.66	9.02	15.36	20.62	27.59
Total Current Liabilities	306.83	176.99	139.94	319.36	108.41
Long-Term Debt	89	184.5	135	-	167
Long-Term Unearned Revenue	7.59	8.56	8.03	7.64	8.87
Long-Term Deferred Tax Liabilities	1.82	2.21	2.63	3.08	3.53
Total Liabilities	405.25	372.26	285.6	330.08	287.8
Common Stock	414.69	414.69	416.73	414.74	412
Additional Paid-In Capital	369.91	369.91	371.65	368.98	354.38
Retained Earnings	-371.8	-390.84	-312.53	-261.79	-270.8
Treasury Stock	-	-	-4.01	-8.02	-13.37
Comprehensive Income & Other	-0.35	-0.35	-0.35	-0.36	-0.36
Total Common Equity	412.46	393.41	471.49	513.55	481.85
Minority Interest	8.07	18.2	46.16	67.39	84.9
Shareholders' Equity	420.53	411.61	517.65	580.94	566.75
Total Liabilities & Equity	825.78	783.87	803.25	911.02	854.56
Total Debt	213.72	276.21	186.05	223.36	177.7
Net Cash (Debt)	-154.62	-231.1	-154.15	-77.35	-100.67
Net Cash Per Share	-0.41	-0.56	-0.36	-0.17	-0.25
Filing Date Shares Outstanding	282.4	414.69	416.73	414.74	412
Total Common Shares Outstanding	282.4	414.69	416.73	414.74	412
Working Capital	-102.12	-21.02	-4.71	-66.97	57.04
Book Value Per Share	1.46	0.95	1.13	1.24	1.17
Tangible Book Value	307.57	335.49	418.68	441.46	403.03
Tangible Book Value Per Share	1.09	0.81	1.00	1.06	0.98
Buildings	-	388.73	388.5	388.67	388.28
Machinery	-	441.57	435.36	418.58	406.11
Construction In Progress	-	16.99	18	4.14	3.02

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