SHE:002782 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	734.78	591.29	499.91	256.46	454.1
Trading Asset Securities	110.53	70.24	50.27	50.31	-
Cash & Short-Term Investments	845.31	661.53	550.18	306.76	454.1
Cash Growth	27.78%	20.24%	79.35%	-32.45%	-48.17%
Accounts Receivable	2,147	1,989	1,916	1,795	512.63
Other Receivables	23.03	12.88	19.53	21.08	14.48
Receivables	2,170	2,001	1,935	1,816	527.11
Inventory	666.64	582.39	551.01	604.61	311.68
Other Current Assets	22.06	9.39	17.81	18.88	14.34
Total Current Assets	3,704	3,255	3,054	2,746	1,307
Property, Plant & Equipment	481.39	480.64	455.6	353.69	236.11
Long-Term Investments	338.78	318.04	311.78	380.42	380.72
Goodwill	44.31	44.31	44.31	44.31	-
Other Intangible Assets	34.9	39.41	39.17	40.64	53.7
Long-Term Deferred Tax Assets	59.02	53.03	44.71	24.6	9.31
Long-Term Deferred Charges	11.43	14.81	12.07	15.54	15.4
Other Long-Term Assets	83.22	91.85	99.82	135.17	72.73
Total Assets	4,757	4,297	4,062	3,740	2,075
Accounts Payable	1,780	1,716	1,455	1,416	363.69
Accrued Expenses	88	94.01	93.87	110.44	54.72
Short-Term Debt	22.01	31.03	113.57	153.21	112.13
Current Portion of Long-Term Debt	24.85	19.6	1.4	19.24	-
Current Portion of Leases	-	20.03	30.53	33.03	6.81
Current Income Taxes Payable	24.25	3.72	18.72	18.9	-0.2
Current Unearned Revenue	3.17	3.08	2.68	3.61	2.4
Other Current Liabilities	494.45	319.22	356.97	264.49	56.49
Total Current Liabilities	2,437	2,206	2,072	2,019	596.03
Long-Term Debt	-	-	67.2	36.46	-
Long-Term Leases	33.57	43.74	35.01	25.1	5.53
Long-Term Unearned Revenue	2.05	-	0.27	0.48	0.97
Long-Term Deferred Tax Liabilities	23.71	27.2	25.63	13.43	-
Total Liabilities	2,496	2,277	2,200	2,095	602.53
Common Stock	495.96	492.81	492.81	476.72	476.83
Additional Paid-In Capital	761.8	748.1	743.45	597.67	585.07
Retained Earnings	1,024	797.65	606.79	532.04	444.55
Treasury Stock	-57.16	-58.03	-17.69	-16.1	-32.84
Comprehensive Income & Other	-7.49	-1.79	1.26	2.37	-0.94
Total Common Equity	2,217	1,979	1,827	1,593	1,473
Minority Interest	43.59	40.7	34.76	52.65	-
Shareholders' Equity	2,261	2,019	1,861	1,645	1,473
Total Liabilities & Equity	4,757	4,297	4,062	3,740	2,075
Total Debt	80.43	114.4	247.71	267.05	124.47
Net Cash (Debt)	764.87	547.13	302.46	39.72	329.63
Net Cash Growth	39.80%	80.89%	661.52%	-87.95%	-62.38%
Net Cash Per Share	1.57	1.12	0.62	0.08	0.68
Filing Date Shares Outstanding	485.85	488.23	492.81	490.37	476.83
Total Common Shares Outstanding	485.85	488.23	492.81	476.72	476.83
Working Capital	1,267	1,048	982.03	726.47	711.21
Book Value Per Share	4.56	4.05	3.71	3.34	3.09
Tangible Book Value	2,138	1,895	1,743	1,508	1,419
Tangible Book Value Per Share	4.40	3.88	3.54	3.16	2.98
Buildings	-	284.68	299.35	26.93	186.66
Machinery	-	448.62	390.06	531.58	191.45
Construction In Progress	-	-	-	-	0.57

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