SHE:002777 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	842.09	675.44	688.28	664.81	699.84
Short-Term Investments	-	483.5	361.67	439.78	501.46
Cash & Short-Term Investments	842.09	1,159	1,050	1,105	1,201
Cash Growth	-27.34%	10.38%	-4.95%	-8.05%	4.89%
Accounts Receivable	478.97	560.34	651.07	556.85	446.3
Other Receivables	32.76	41.49	48.68	52.66	51.16
Receivables	511.73	601.82	699.74	609.51	497.46
Inventory	290.47	250.26	325.34	272.21	246.1
Prepaid Expenses	-	0.05	0.03	0.03	0
Other Current Assets	440.9	31.12	22.51	15.72	16
Total Current Assets	2,085	2,042	2,098	2,002	1,961
Property, Plant & Equipment	117.47	125.62	140.18	145.27	155.86
Long-Term Investments	1.5	51.46	16.84	21.47	1.5
Goodwill	-	12.79	22.58	29.68	32.44
Other Intangible Assets	308.94	296.49	266.91	167.09	144.19
Long-Term Deferred Tax Assets	59.06	52.93	46.41	40.16	33.01
Long-Term Deferred Charges	21.22	81.89	88.68	95.16	55.34
Other Long-Term Assets	93.5	29.6	29.67	33.19	50.98
Total Assets	2,687	2,693	2,709	2,534	2,434
Accounts Payable	204.92	194.55	179.56	145.25	117.07
Accrued Expenses	90.85	118.52	146.06	151.57	130.72
Short-Term Debt	-	-	1.74	-	-
Current Portion of Long-Term Debt	6.94	-	-	-	-
Current Portion of Leases	-	8.17	9.68	11.23	10.1
Current Income Taxes Payable	16.74	1.81	4.2	5.51	12.22
Current Unearned Revenue	484.73	507.22	526	470.8	547.09
Other Current Liabilities	9.39	6.45	6.58	6.69	3.19
Total Current Liabilities	813.57	836.72	873.83	791.05	820.39
Long-Term Leases	7.6	6.89	11.43	12.07	10.47
Long-Term Unearned Revenue	7.38	12.94	21.63	44.8	49.76
Long-Term Deferred Tax Liabilities	0.82	1.98	2.77	3.27	3.28
Other Long-Term Liabilities	23.96	25.68	26.05	-	-
Total Liabilities	853.34	884.21	935.71	851.19	883.9
Common Stock	408.23	408.23	408.23	408.23	314.02
Additional Paid-In Capital	313.63	313.63	313.63	313.62	407.83
Retained Earnings	965.23	949.6	925.32	821.08	699.72
Total Common Equity	1,687	1,671	1,647	1,543	1,422
Minority Interest	146.43	137.3	125.95	139.95	128.72
Shareholders' Equity	1,834	1,809	1,773	1,683	1,550
Total Liabilities & Equity	2,687	2,693	2,709	2,534	2,434
Total Debt	14.54	15.06	22.85	23.31	20.58
Net Cash (Debt)	827.54	1,144	1,027	1,081	1,181
Net Cash Growth	-27.65%	11.37%	-5.01%	-8.42%	3.09%
Net Cash Per Share	2.05	2.81	2.53	2.64	2.92
Filing Date Shares Outstanding	334.6	408.23	408.23	408.23	408.23
Total Common Shares Outstanding	334.6	408.23	408.23	408.23	408.23
Working Capital	1,272	1,205	1,224	1,211	1,140
Book Value Per Share	5.04	4.09	4.03	3.78	3.48
Tangible Book Value	1,378	1,362	1,358	1,346	1,245
Tangible Book Value Per Share	4.12	3.34	3.33	3.30	3.05
Buildings	-	129.92	131.12	128.22	130.89
Machinery	-	72.52	68.25	62.84	59.99
Construction In Progress	-	-	-	-	0.08

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