SHE:002766 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	360.64	262.51	390.91	215.69	513.36
Trading Asset Securities	316.11	131.04	70	80	-
Cash & Short-Term Investments	676.75	393.56	460.91	295.69	513.36
Cash Growth	71.96%	-14.61%	55.87%	-42.40%	483.86%
Accounts Receivable	109.13	134.73	214.76	237.75	214.63
Other Receivables	13.37	4.85	3.91	2.54	5.46
Receivables	122.51	139.58	218.68	240.29	220.09
Inventory	76.72	138.89	199.33	234.58	185.94
Other Current Assets	30.06	24.59	37.22	37.17	91.61
Total Current Assets	906.04	696.61	916.13	807.74	1,011
Property, Plant & Equipment	193.72	200.4	171.3	159.48	169.03
Long-Term Investments	67.21	65.64	53.06	56.25	73.62
Other Intangible Assets	83.41	105.12	64.88	57.08	66.78
Long-Term Deferred Tax Assets	59.04	66.26	62.93	62.91	57.73
Long-Term Deferred Charges	23.1	21.71	10.05	12.62	-
Other Long-Term Assets	-	2.69	3.05	-	0.1
Total Assets	1,333	1,158	1,281	1,156	1,378
Accounts Payable	89.14	141.15	258.37	174.3	170.58
Accrued Expenses	19.24	50.53	52.88	46.67	78.8
Short-Term Debt	31.03	-	10	10	88.73
Current Portion of Long-Term Debt	4.97	-	-	-	-
Current Portion of Leases	-	3.71	2	2.25	2.54
Current Income Taxes Payable	6.19	1.46	2.44	0.94	0.62
Current Unearned Revenue	16.49	12.47	119.05	172.67	122.66
Other Current Liabilities	29.33	94.78	111.89	76.93	253.05
Total Current Liabilities	196.39	304.1	556.63	483.76	716.98
Long-Term Leases	27.66	29.54	1.42	1.22	3.47
Long-Term Unearned Revenue	8.9	3.94	3.8	2.46	2.53
Long-Term Deferred Tax Liabilities	8.48	12.7	7.52	6.75	7.89
Other Long-Term Liabilities	3.91	1.26	8.18	3.68	3.2
Total Liabilities	245.34	351.53	577.55	497.86	734.08
Common Stock	863.73	861.74	857.54	847.21	843.51
Additional Paid-In Capital	2,957	2,634	2,599	2,572	2,558
Retained Earnings	-2,687	-2,632	-2,692	-2,722	-2,731
Treasury Stock	-12.71	-27.02	-23.22	-7.88	-
Comprehensive Income & Other	-28.31	-25.58	-35.47	-30.71	-24.69
Total Common Equity	1,093	810.99	705.19	658.66	645.08
Minority Interest	-5.39	-4.12	-1.34	-0.45	-0.89
Shareholders' Equity	1,087	806.87	703.85	658.21	644.19
Total Liabilities & Equity	1,333	1,158	1,281	1,156	1,378
Total Debt	63.65	33.24	13.42	13.47	94.74
Net Cash (Debt)	613.11	360.31	447.48	282.22	418.62
Net Cash Growth	70.16%	-19.48%	58.56%	-32.58%	-
Net Cash Per Share	0.72	0.42	0.53	0.33	0.50
Filing Date Shares Outstanding	1,081	861.74	857.54	847.21	843.51
Total Common Shares Outstanding	1,081	861.74	857.54	847.21	843.51
Working Capital	709.65	392.51	359.5	323.98	294.02
Book Value Per Share	1.01	0.94	0.82	0.78	0.76
Tangible Book Value	1,009	705.87	640.31	601.58	578.31
Tangible Book Value Per Share	0.93	0.82	0.75	0.71	0.69
Buildings	-	192.01	192.01	281.71	281.71
Machinery	-	106.19	93.61	-1.63	-0.89
Construction In Progress	-	15.39	18.8	1.34	0.07

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