SHE:002728 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	126.15	457.41	647.25	739.66	372.47
Trading Asset Securities	210	-	-	-	-
Cash & Short-Term Investments	336.15	457.41	647.25	739.66	372.47
Cash Growth	-26.51%	-29.33%	-12.49%	98.58%	-35.24%
Accounts Receivable	253.59	205.32	156	133.02	126.66
Other Receivables	0.8	9.38	13.94	16.87	1.36
Receivables	254.39	214.7	169.94	149.9	128.02
Inventory	237.63	264.38	271.83	208.23	195.31
Prepaid Expenses	-	-	-	-	0.69
Other Current Assets	29.43	14.46	16.13	31.08	15.45
Total Current Assets	857.6	950.95	1,105	1,129	711.95
Property, Plant & Equipment	733.31	721.4	656.49	648.01	601.68
Long-Term Investments	13.5	13.5	13.5	13.5	-
Goodwill	517.6	517.6	529.23	542.4	542.4
Other Intangible Assets	141.22	138.63	151.24	153.87	156.75
Long-Term Deferred Tax Assets	28.43	21.85	18.4	18.81	17.18
Long-Term Deferred Charges	7.29	17.41	13.45	11.48	15.6
Other Long-Term Assets	12.47	19.54	25.18	28.67	20.65
Total Assets	2,311	2,401	2,513	2,546	2,066
Accounts Payable	68.63	44.83	83	76.29	52.35
Accrued Expenses	40.62	19.37	32.5	30.42	20.09
Short-Term Debt	263.54	516.09	306	633.68	377
Current Portion of Long-Term Debt	-	-	-	213.5	-
Current Income Taxes Payable	3.92	0.72	13.65	4.86	8.59
Current Unearned Revenue	62.18	11.05	24.26	130.69	31.06
Other Current Liabilities	15.45	3.96	6.36	19.81	7.25
Total Current Liabilities	454.33	596.02	465.77	1,109	496.34
Long-Term Debt	-	-	-	-	285.18
Long-Term Unearned Revenue	17.27	20.57	20.77	18.51	11.72
Long-Term Deferred Tax Liabilities	18.36	19.36	15.42	14.71	11.27
Total Liabilities	489.96	635.94	501.95	1,142	804.51
Common Stock	513.31	512.21	364.69	229.18	221.64
Additional Paid-In Capital	849.97	844.13	982	575.92	460.91
Retained Earnings	552.53	495.8	657.68	553.51	519.38
Treasury Stock	-101.19	-93.86	-	-	-
Comprehensive Income & Other	6.85	6.65	6.31	44.53	59.75
Shareholders' Equity	1,821	1,765	2,011	1,403	1,262
Total Liabilities & Equity	2,311	2,401	2,513	2,546	2,066
Total Debt	263.54	516.09	306	847.18	662.18
Net Cash (Debt)	72.61	-58.68	341.25	-107.52	-289.71
Net Cash Per Share	0.14	-0.11	0.74	-0.25	-0.72
Filing Date Shares Outstanding	499.58	500.58	510.56	449.27	434.42
Total Common Shares Outstanding	499.58	499.49	510.56	449.19	434.42
Working Capital	403.27	354.93	639.39	19.62	215.61
Book Value Per Share	3.65	3.53	3.94	3.12	2.90
Tangible Book Value	1,163	1,109	1,330	706.87	562.55
Tangible Book Value Per Share	2.33	2.22	2.61	1.57	1.29
Buildings	608.2	527.78	542.22	412.29	419.33
Machinery	439.2	418.7	329.97	259.01	254.01
Construction In Progress	118.38	157.88	131.95	280.88	198.46

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