SHE:002718 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	284.34	325.48	472.99	325.55	191.31
Trading Asset Securities	30	-	-	3	3
Cash & Short-Term Investments	314.34	325.48	472.99	328.55	194.31
Cash Growth	-3.42%	-31.19%	43.96%	69.09%	-23.43%
Accounts Receivable	8.25	31.75	101.12	189.01	271.57
Other Receivables	1.26	2.76	4.43	7.37	14.43
Receivables	9.51	34.51	105.55	196.38	286
Inventory	53.88	83.14	96.35	105.21	141.94
Other Current Assets	7.4	12.58	15.44	21.27	27.33
Total Current Assets	385.14	455.71	690.34	651.41	649.57
Property, Plant & Equipment	603.57	633.76	661.26	697.16	751.27
Long-Term Investments	34.5	29.89	48.92	56.51	92.31
Other Intangible Assets	88.28	88.66	92.38	92.35	102.1
Long-Term Deferred Tax Assets	96.04	96.58	78.62	71.32	72.21
Long-Term Deferred Charges	-	-	-	-	0.79
Other Long-Term Assets	31.55	34.37	81.18	79.47	74.74
Total Assets	1,239	1,339	1,653	1,648	1,743
Accounts Payable	246.78	360.64	499.94	484.13	427.62
Accrued Expenses	7.39	16.7	20.81	17.08	16.75
Short-Term Debt	15.01	6	9.32	21.76	272.92
Current Income Taxes Payable	7.05	-	5	-3.93	-1.3
Current Unearned Revenue	18.99	17.58	13.37	22.65	22.59
Other Current Liabilities	37.51	41.33	44.01	42.36	35.03
Total Current Liabilities	332.75	442.25	592.45	584.04	773.61
Long-Term Unearned Revenue	0.26	0.3	0.34	0.47	0.62
Long-Term Deferred Tax Liabilities	-	-	-	0.41	0.3
Other Long-Term Liabilities	-	-	0.16	0.16	0.16
Total Liabilities	333.01	442.55	592.95	585.08	774.68
Common Stock	129.45	131.45	131.45	131.45	131.45
Additional Paid-In Capital	382.5	403.99	406.09	410.15	409.3
Retained Earnings	407.5	395.12	533.27	532.67	435.01
Treasury Stock	-	-23.5	-	-	-
Total Common Equity	919.45	907.06	1,071	1,074	975.76
Minority Interest	-13.37	-10.64	-11.06	-11.12	-7.46
Shareholders' Equity	906.07	896.42	1,060	1,063	968.3
Total Liabilities & Equity	1,239	1,339	1,653	1,648	1,743
Total Debt	15.01	6	9.32	21.76	272.92
Net Cash (Debt)	299.33	319.48	463.67	306.8	-78.62
Net Cash Growth	-6.31%	-31.10%	51.13%	-	-
Net Cash Per Share	2.42	2.45	3.49	2.32	-0.60
Filing Date Shares Outstanding	117.49	129.45	130.07	131.45	131.45
Total Common Shares Outstanding	117.49	129.45	131.45	131.45	131.45
Working Capital	52.39	13.46	97.89	67.37	-124.04
Book Value Per Share	7.83	7.01	8.15	8.17	7.42
Tangible Book Value	831.17	818.41	978.43	981.91	873.66
Tangible Book Value Per Share	7.07	6.32	7.44	7.47	6.65
Buildings	-	681.13	681.13	689.2	729.91
Machinery	-	124.68	128.56	134.21	139.38

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