SHE:002813 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	54.66	53.47	61.22	77.43	79.42
Trading Asset Securities	-	-	40.47	50.39	40.22
Cash & Short-Term Investments	54.66	53.47	101.69	127.82	119.64
Cash Growth	2.23%	-47.42%	-20.44%	6.84%	138.19%
Accounts Receivable	70.8	120.44	89.43	98.23	125.89
Other Receivables	5.07	7.74	4.91	5.36	8.3
Receivables	75.87	128.18	94.34	103.58	134.2
Inventory	96.72	80.62	52.08	45.58	38.38
Other Current Assets	22.41	17.2	4.72	8.14	7.44
Total Current Assets	249.65	279.47	252.83	285.13	299.65
Property, Plant & Equipment	140.38	195.69	190.39	144.77	164.31
Long-Term Investments	0.26	-	-	1.05	1.67
Other Intangible Assets	2.55	2.13	1.3	1.15	1.29
Long-Term Deferred Tax Assets	-	0.57	0.53	0.03	-
Long-Term Deferred Charges	1.66	3.62	3.37	3.26	4.42
Other Long-Term Assets	60.51	43.79	62.95	115.9	117.97
Total Assets	455.01	525.28	511.38	551.3	589.32
Accounts Payable	123.45	99.98	45.8	48.75	71.66
Accrued Expenses	17.6	19.42	13.28	13.35	16.43
Short-Term Debt	49.73	30.3	19.79	10.02	10.01
Current Portion of Leases	3.85	4.01	4.31	3.88	4.87
Current Income Taxes Payable	3.02	5.33	5.99	10.36	8.63
Current Unearned Revenue	17.78	16.46	15.99	16.92	13.65
Other Current Liabilities	8.52	26.78	28.09	41.2	49.19
Total Current Liabilities	223.96	202.28	133.26	144.48	174.45
Long-Term Leases	2.74	6.6	10.61	10.04	12.62
Long-Term Unearned Revenue	0.59	0.93	1.59	2.25	7.63
Long-Term Deferred Tax Liabilities	-	-	-	0.03	-
Other Long-Term Liabilities	3.24	3.97	2.15	3.47	7.82
Total Liabilities	230.53	213.77	147.61	160.26	202.53
Common Stock	120	120	120	120	120
Additional Paid-In Capital	214.5	207.46	204.8	204.8	204.8
Retained Earnings	-110.15	-16.42	38.99	66.42	63.13
Comprehensive Income & Other	0.88	1.21	0.93	0.75	-0.35
Total Common Equity	225.23	312.25	364.72	391.97	387.58
Minority Interest	-0.74	-0.74	-0.95	-0.93	-0.79
Shareholders' Equity	224.48	311.51	363.77	391.04	386.79
Total Liabilities & Equity	455.01	525.28	511.38	551.3	589.32
Total Debt	56.33	40.91	34.71	23.93	27.51
Net Cash (Debt)	-1.66	12.56	66.98	103.9	92.13
Net Cash Growth	-	-81.25%	-35.53%	12.77%	156.83%
Net Cash Per Share	-0.01	0.10	0.56	0.87	0.77
Filing Date Shares Outstanding	120	120	120	120	120
Total Common Shares Outstanding	120	120	120	120	120
Working Capital	25.7	77.19	119.57	140.66	125.2
Book Value Per Share	1.88	2.60	3.04	3.27	3.23
Tangible Book Value	222.68	310.12	363.42	390.82	386.29
Tangible Book Value Per Share	1.86	2.58	3.03	3.26	3.22
Buildings	160.41	183.01	160.69	98.41	100.67
Machinery	88.71	153.92	145.45	144.53	147.72
Construction In Progress	-	-	4.49	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.