SHE:002715 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	56.98	39.3	65.26	42.44	83.18
Trading Asset Securities	-	-	-	-	0.13
Cash & Short-Term Investments	56.98	39.3	65.26	42.44	83.31
Cash Growth	44.99%	-39.79%	53.79%	-49.06%	29.02%
Accounts Receivable	167.43	173.45	164.78	154.91	145.55
Other Receivables	2.83	5.67	1.38	1.62	1.52
Receivables	170.26	179.12	166.16	156.53	147.07
Inventory	176.56	194.74	207.3	240.52	205.56
Other Current Assets	7.46	4.06	6.19	4.35	5.07
Total Current Assets	411.26	417.21	444.91	443.84	441.01
Property, Plant & Equipment	294.89	402.15	379.07	344.47	353.92
Long-Term Investments	44.72	-	-	-	3.24
Other Intangible Assets	29.91	180.79	187.73	194.14	195.66
Long-Term Deferred Tax Assets	5.16	6.96	6.42	4.25	3.02
Long-Term Deferred Charges	1.64	3.71	3.15	4.5	0.8
Other Long-Term Assets	39.05	16.07	6.5	9.63	17.15
Total Assets	826.62	1,027	1,028	1,001	1,015
Accounts Payable	68.54	89.46	88	99.04	78.67
Accrued Expenses	5.43	10.37	7.9	12.67	4.57
Short-Term Debt	111.4	194.3	183.49	160.44	182.84
Current Portion of Long-Term Debt	25.85	71.32	16.07	15.07	-
Current Portion of Leases	-	0.93	0.89	0.85	0.76
Current Income Taxes Payable	4.03	1.69	4.58	8.72	6.05
Current Unearned Revenue	0.47	0.67	0.76	0.41	0.15
Other Current Liabilities	43.73	23.62	27.85	27.04	25.81
Total Current Liabilities	259.44	392.35	329.53	324.24	298.85
Long-Term Debt	96.9	13.91	80.29	87.36	-
Long-Term Leases	3.72	0.06	0.93	1.72	2.21
Long-Term Unearned Revenue	6.37	3.79	3.22	4.13	3.32
Long-Term Deferred Tax Liabilities	1.25	0.22	0.42	0.28	0.22
Other Long-Term Liabilities	-	138.73	199.28	193.21	195.85
Total Liabilities	367.67	549.07	613.68	610.94	500.46
Common Stock	138	138	138	138	138
Additional Paid-In Capital	277.89	277.89	221.02	219.58	213.61
Retained Earnings	37.13	57.27	52.14	28.36	160.37
Comprehensive Income & Other	5.93	4.65	2.95	3.96	2.34
Shareholders' Equity	458.95	477.81	414.11	389.9	514.33
Total Liabilities & Equity	826.62	1,027	1,028	1,001	1,015
Total Debt	237.87	280.52	281.67	265.45	185.81
Net Cash (Debt)	-180.89	-241.22	-216.41	-223.01	-102.5
Net Cash Per Share	-1.31	-1.75	-1.57	-1.62	-0.74
Filing Date Shares Outstanding	137.4	138	138	138	138
Total Common Shares Outstanding	137.4	138	138	138	138
Working Capital	151.82	24.86	115.38	119.61	142.15
Book Value Per Share	3.34	3.46	3.00	2.83	3.73
Tangible Book Value	429.04	297.02	226.38	195.75	318.66
Tangible Book Value Per Share	3.12	2.15	1.64	1.42	2.31
Buildings	-	322.8	313.13	253.39	239.62
Machinery	-	425.28	425.85	408.43	414.97
Construction In Progress	-	48.59	31.44	50.25	25.89

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