SHE:002801 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	556.55	623.44	505.02	288.87	174.47
Trading Asset Securities	327.06	128.26	256.35	691.31	732.14
Cash & Short-Term Investments	883.61	751.71	761.36	980.18	906.61
Cash Growth	17.55%	-1.27%	-22.32%	8.12%	18.93%
Accounts Receivable	303.04	307.83	268.32	223.96	230.25
Other Receivables	1.57	11.74	8.26	3.6	2.78
Receivables	304.61	319.57	276.58	227.56	233.03
Inventory	188.75	197.12	140.54	178.26	160.81
Other Current Assets	15.09	13.96	9.73	4.79	3.28
Total Current Assets	1,392	1,282	1,188	1,391	1,304
Property, Plant & Equipment	661.66	574.52	379.63	177.94	158.6
Long-Term Investments	127.72	124.29	127.7	109.49	89.5
Goodwill	-	-	-	1.61	-
Other Intangible Assets	67.63	69.31	68.85	70.47	28.18
Long-Term Deferred Tax Assets	41.32	51.32	34.79	6.23	3.37
Long-Term Deferred Charges	-	-	-	0.58	-
Other Long-Term Assets	0.46	7.38	0.51	13.88	0.89
Total Assets	2,291	2,109	1,800	1,771	1,584
Accounts Payable	271.37	335.97	219.05	146.94	165.18
Accrued Expenses	44.54	43.21	35.38	33.48	32.67
Current Portion of Leases	-	-	-	1.71	-
Current Income Taxes Payable	0.7	13.77	9.9	9.45	10.71
Current Unearned Revenue	39.43	42.26	24.4	27.93	27.06
Other Current Liabilities	9.33	8.6	6.34	6.04	6.32
Total Current Liabilities	365.36	443.82	295.06	225.56	241.93
Long-Term Leases	-	-	-	3.58	-
Long-Term Unearned Revenue	11.5	10.96	8.63	7.12	5.33
Long-Term Deferred Tax Liabilities	-	-	-	1.06	0.31
Total Liabilities	376.86	454.78	303.69	237.32	247.57
Common Stock	229.63	229.63	229.63	229.63	229.63
Additional Paid-In Capital	115.06	115.06	115.06	115.06	115.06
Retained Earnings	1,594	1,344	1,191	1,185	991.98
Treasury Stock	-44.88	-44.88	-44.88	-	-
Comprehensive Income & Other	19.9	10.9	4.82	2.94	-
Total Common Equity	1,914	1,654	1,496	1,533	1,337
Minority Interest	-	-	-	0.92	-
Shareholders' Equity	1,914	1,654	1,496	1,534	1,337
Total Liabilities & Equity	2,291	2,109	1,800	1,771	1,584
Total Debt	-	-	-	5.29	-
Net Cash (Debt)	883.61	751.71	761.36	974.89	906.61
Net Cash Growth	17.55%	-1.27%	-21.90%	7.53%	18.93%
Net Cash Per Share	3.86	3.27	3.33	4.24	3.96
Filing Date Shares Outstanding	227.59	227.59	227.59	229.63	229.63
Total Common Shares Outstanding	227.59	227.59	227.59	229.63	229.63
Working Capital	1,027	838.53	893.16	1,165	1,062
Book Value Per Share	8.41	7.27	6.57	6.67	5.82
Tangible Book Value	1,846	1,585	1,427	1,461	1,309
Tangible Book Value Per Share	8.11	6.96	6.27	6.36	5.70
Land	28.4	27.14	26.47	-	-
Buildings	251.8	243.41	129.31	129.17	127.54
Machinery	223.81	191.72	170.51	161.04	130.63
Construction In Progress	354.48	281.41	199.28	7.57	2.73

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