SHE:002771 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	307.38	335.04	277.28	292.03	281.52
Trading Asset Securities	1.91	1.79	2.95	4	-
Cash & Short-Term Investments	309.29	336.83	280.23	296.03	281.52
Cash Growth	-8.18%	20.20%	-5.34%	5.15%	14.23%
Accounts Receivable	244.91	299.85	295.96	364.3	423.54
Other Receivables	8.29	11.45	15.19	9.11	10.73
Receivables	253.2	311.31	311.14	373.41	434.27
Inventory	92.03	119.78	147.31	140.54	239.67
Other Current Assets	21.93	16.51	28.59	32.55	21.93
Total Current Assets	676.45	784.43	767.28	842.54	977.4
Property, Plant & Equipment	110.61	130.25	136.39	98.2	101.4
Long-Term Investments	53.7	58.48	58.85	70.17	38.93
Other Intangible Assets	19.7	30.33	39.25	0.9	2.7
Long-Term Accounts Receivable	17.63	26.81	31.69	33.83	6.11
Long-Term Deferred Tax Assets	16.09	17.24	25.9	20.46	17.49
Long-Term Deferred Charges	1.72	1.85	0.79	0.01	0.05
Other Long-Term Assets	21.21	22.42	25.23	22.07	5.11
Total Assets	917.12	1,072	1,085	1,088	1,149
Accounts Payable	135.94	189	204.62	187.34	220.65
Accrued Expenses	6.62	16.47	15.57	24.34	25.9
Short-Term Debt	81.07	97.16	65.4	40.05	10.26
Current Portion of Leases	1.7	4.8	4.04	2.57	0.71
Current Income Taxes Payable	0.01	-	-	1.27	0.94
Current Unearned Revenue	41	40.09	68	81.43	143.67
Other Current Liabilities	15.88	13.93	21.45	26.77	27.94
Total Current Liabilities	282.23	361.45	379.09	363.77	430.06
Long-Term Leases	9.69	11.74	11.38	0.03	0.59
Long-Term Deferred Tax Liabilities	7.28	9.33	10.42	1.82	0.98
Total Liabilities	299.2	382.52	400.89	365.62	431.63
Common Stock	209.76	209.76	209.76	209.76	209.76
Additional Paid-In Capital	148.73	148.73	148.25	147.36	147.36
Retained Earnings	255	320.53	313.47	369.51	362.47
Comprehensive Income & Other	-8.11	-8.93	-4.42	-2.08	-1.76
Total Common Equity	605.38	670.1	667.06	724.55	717.83
Minority Interest	12.53	19.19	17.42	-1.98	-0.28
Shareholders' Equity	617.91	689.29	684.49	722.57	717.55
Total Liabilities & Equity	917.12	1,072	1,085	1,088	1,149
Total Debt	92.46	113.71	80.82	42.65	11.55
Net Cash (Debt)	216.83	223.12	199.41	253.38	269.97
Net Cash Growth	-2.82%	11.89%	-21.30%	-6.15%	19.23%
Net Cash Per Share	1.02	0.95	0.94	1.30	1.22
Filing Date Shares Outstanding	209.76	209.76	209.76	209.76	209.76
Total Common Shares Outstanding	209.76	209.76	209.76	209.76	209.76
Working Capital	394.22	422.98	388.19	478.77	547.34
Book Value Per Share	2.89	3.19	3.18	3.45	3.42
Tangible Book Value	585.69	639.76	627.82	723.64	715.14
Tangible Book Value Per Share	2.79	3.05	2.99	3.45	3.41
Buildings	120.41	120.41	120.41	120.41	120.41
Machinery	56.9	61	38.04	47.47	47.8
Construction In Progress	-	-	29.54	0.99	-

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