SHE:002730 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	458.84	365.56	562.31	428.58	130.03
Trading Asset Securities	10.19	-	75.16	164.45	-
Cash & Short-Term Investments	469.03	365.56	637.47	593.03	130.03
Cash Growth	28.30%	-42.65%	7.49%	356.08%	30.32%
Accounts Receivable	881.69	878.25	861.75	771.56	666.59
Other Receivables	16.92	15.91	16.09	11.59	7.35
Receivables	898.61	894.16	877.83	783.16	673.93
Inventory	376.19	288.03	272.25	270.29	154.27
Other Current Assets	85.89	88.93	44.47	45.01	41.21
Total Current Assets	1,830	1,637	1,832	1,691	999.44
Property, Plant & Equipment	826.05	839.97	417.08	244.08	193.06
Long-Term Investments	7.78	7.78	7.78	6.58	14.15
Goodwill	25.21	25.21	4.53	4.53	-
Other Intangible Assets	177.54	183.3	153.95	158.44	52
Long-Term Deferred Tax Assets	31.19	26.23	24.95	20.54	18.31
Long-Term Deferred Charges	6.15	6.47	8.28	10.28	6.76
Other Long-Term Assets	83.87	78.86	79.16	84.96	81.87
Total Assets	2,988	2,805	2,528	2,221	1,366
Accounts Payable	539.42	570.99	595.77	446.73	204.3
Accrued Expenses	40.31	45.01	37.56	38.41	27.02
Short-Term Debt	437.43	232.97	208.69	123.53	3
Current Portion of Long-Term Debt	66.06	-	-	-	-
Current Portion of Leases	-	-	-	0.99	1.03
Current Income Taxes Payable	12.72	13.47	12.91	5.05	3.53
Current Unearned Revenue	59.42	59.22	35.93	54.17	44.48
Other Current Liabilities	26.02	20.45	17.32	16.23	6.86
Total Current Liabilities	1,181	942.1	908.18	685.12	290.22
Long-Term Debt	97.32	177.91	-	-	-
Long-Term Leases	-	0.27	-	-	0.99
Long-Term Unearned Revenue	5.15	7.11	7.74	8.65	8.13
Long-Term Deferred Tax Liabilities	-	0	-	-	-
Other Long-Term Liabilities	-	-	2.69	2.25	1.79
Total Liabilities	1,284	1,127	918.61	696.02	301.13
Common Stock	362.08	362.08	362.08	362.08	322.67
Additional Paid-In Capital	517.38	517.38	517.38	517.38	187.67
Retained Earnings	748.45	728.45	681.09	601.31	551.29
Total Common Equity	1,628	1,608	1,561	1,481	1,062
Minority Interest	75.75	69.22	48.61	44.1	2.82
Shareholders' Equity	1,704	1,677	1,609	1,525	1,064
Total Liabilities & Equity	2,988	2,805	2,528	2,221	1,366
Total Debt	600.81	411.15	208.69	124.52	5.02
Net Cash (Debt)	-131.78	-45.59	428.78	468.51	125.01
Net Cash Growth	-	-	-8.48%	274.78%	335.71%
Net Cash Per Share	-0.37	-0.13	1.18	1.30	0.39
Filing Date Shares Outstanding	362.08	362.08	362.08	362.08	322.67
Total Common Shares Outstanding	362.08	362.08	362.08	362.08	322.67
Working Capital	648.35	694.59	923.85	1,006	709.22
Book Value Per Share	4.50	4.44	4.31	4.09	3.29
Tangible Book Value	1,425	1,399	1,402	1,318	1,010
Tangible Book Value Per Share	3.94	3.86	3.87	3.64	3.13
Buildings	663.04	375.96	323.21	323.21	279.71
Machinery	558.49	519.61	194.92	189.09	158.22
Construction In Progress	25.83	293.51	212.93	23.86	0.51

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