SHE:002779 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	166.21	145	75	86	78.52
Trading Asset Securities	-	16.43	127.44	123.2	55.88
Cash & Short-Term Investments	166.21	161.43	202.44	209.2	134.41
Cash Growth	2.96%	-20.26%	-3.23%	55.65%	-38.98%
Accounts Receivable	306.62	248.12	134.69	98.17	127.35
Other Receivables	6.07	14.16	8.36	9.06	8.76
Receivables	312.7	262.28	143.04	107.23	136.11
Inventory	362.18	301.4	288.07	223.65	211.85
Other Current Assets	69.97	8.61	21.48	13.32	12.6
Total Current Assets	911.06	733.72	655.04	553.4	494.97
Property, Plant & Equipment	422.35	271.13	247.52	262.47	287.04
Long-Term Investments	206.13	29.81	-	-	-
Other Intangible Assets	64.3	65.77	51.97	48.73	50.97
Long-Term Deferred Tax Assets	61.73	15.51	12.58	12.73	12.07
Long-Term Deferred Charges	10.15	2.86	3.71	5.7	4.51
Other Long-Term Assets	28.78	10.99	3.86	7.39	0.87
Total Assets	1,704	1,130	974.68	890.42	850.43
Accounts Payable	396.81	305.13	207.83	167.7	173.35
Accrued Expenses	38.06	25.68	19.71	16.31	15.73
Short-Term Debt	110.08	-	-	-	-
Current Portion of Long-Term Debt	13.98	-	-	-	-
Current Portion of Leases	-	2.79	0.85	1.69	1.26
Current Income Taxes Payable	19.47	2.49	1.28	-	-
Current Unearned Revenue	9.48	11.02	20.45	29.95	5.57
Other Current Liabilities	17.23	5.25	4.84	5.46	3.54
Total Current Liabilities	605.11	352.36	254.96	221.1	199.44
Long-Term Debt	104.58	5.35	-	-	-
Long-Term Leases	33.24	10.11	7.27	0.08	1.32
Long-Term Unearned Revenue	5.23	7.02	9.14	10.94	12.13
Long-Term Deferred Tax Liabilities	40.58	4.39	2.22	0.96	0.07
Other Long-Term Liabilities	3.93	6.75	3.54	2.37	7.32
Total Liabilities	792.67	385.97	277.14	235.45	220.28
Common Stock	184.8	132	132	132	132
Additional Paid-In Capital	153.21	195.44	195.38	195.38	195.38
Retained Earnings	573	414.95	370.08	327.53	302.78
Comprehensive Income & Other	0.71	0.16	0.08	0.06	-0.01
Total Common Equity	911.72	742.55	697.54	654.97	630.15
Minority Interest	0.11	1.28	-	-	-
Shareholders' Equity	911.83	743.83	697.54	654.97	630.15
Total Liabilities & Equity	1,704	1,130	974.68	890.42	850.43
Total Debt	261.88	18.25	8.12	1.76	2.58
Net Cash (Debt)	-95.67	143.19	194.32	207.44	131.83
Net Cash Growth	-	-26.31%	-6.33%	57.35%	-26.86%
Net Cash Per Share	-0.52	0.77	1.05	1.14	0.68
Filing Date Shares Outstanding	184.6	184.8	184.8	184.8	184.8
Total Common Shares Outstanding	184.6	184.8	184.8	184.8	184.8
Working Capital	305.94	381.37	400.08	332.3	295.53
Book Value Per Share	4.94	4.02	3.77	3.54	3.41
Tangible Book Value	847.42	676.78	645.57	606.24	579.18
Tangible Book Value Per Share	4.59	3.66	3.49	3.28	3.13
Buildings	-	208.34	208.27	207.38	207.38
Machinery	-	199.89	191.47	191.71	188.67
Construction In Progress	-	35.5	-	-	1.7

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