SHE:002857 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	255.03	285.72	335.28	246.42	248.85
Trading Asset Securities	202.48	249.38	34.04	90.09	50.03
Cash & Short-Term Investments	457.51	535.1	369.32	336.51	298.88
Cash Growth	-14.50%	44.89%	9.75%	12.59%	4.28%
Accounts Receivable	215.16	309.66	166.59	128.77	144.87
Other Receivables	8.77	7.2	3.82	1.63	3.07
Receivables	223.94	316.86	170.41	130.39	147.94
Inventory	63.54	117.49	56.21	46.29	48.63
Other Current Assets	8.22	6.82	6.6	1.16	2.25
Total Current Assets	753.21	976.26	602.54	514.36	497.69
Property, Plant & Equipment	140.56	145.1	134.57	117.62	112.7
Long-Term Investments	27.57	12.14	6.09	-	-
Other Intangible Assets	14.73	15.45	16.3	17.33	17.88
Long-Term Deferred Tax Assets	9.57	10.41	5.65	5.09	4.74
Long-Term Deferred Charges	2.94	2.73	3.27	-	-
Other Long-Term Assets	2.6	3.05	3.93	1.59	-
Total Assets	951.18	1,165	772.37	656	633.02
Accounts Payable	358.26	511.18	185.3	82.03	82.3
Accrued Expenses	17.73	45.1	25.87	25.02	21.38
Short-Term Debt	-	3	-	-	-
Current Portion of Long-Term Debt	4.21	-	-	-	-
Current Portion of Leases	-	3.45	2.08	-	-
Current Income Taxes Payable	10.01	5.62	0.57	3.42	4.03
Current Unearned Revenue	19.13	31.91	12.04	16.07	8.15
Other Current Liabilities	33.89	2.04	1.36	2.14	2.75
Total Current Liabilities	443.23	602.29	227.22	128.68	118.61
Long-Term Leases	12.36	13.94	15.49	-	-
Long-Term Unearned Revenue	0.08	0.14	0.01	-	-
Long-Term Deferred Tax Liabilities	1.8	3.55	0	-	0.02
Total Liabilities	457.47	619.93	242.73	128.68	118.64
Common Stock	130.63	129.17	128	128	128
Additional Paid-In Capital	147.9	125.85	116.07	116.07	116.07
Retained Earnings	258.82	302.68	289.17	283.26	270.31
Treasury Stock	-49.83	-30.42	-3.07	-	-
Comprehensive Income & Other	0.22	-	-	-	-
Total Common Equity	487.75	527.28	530.17	527.32	514.38
Minority Interest	5.95	17.95	-0.53	-	-
Shareholders' Equity	493.7	545.23	529.63	527.32	514.38
Total Liabilities & Equity	951.18	1,165	772.37	656	633.02
Total Debt	16.58	20.39	17.57	-	-
Net Cash (Debt)	440.94	514.71	351.75	336.51	298.88
Net Cash Growth	-14.33%	46.33%	4.53%	12.59%	4.28%
Net Cash Per Share	3.36	3.98	2.98	2.60	2.30
Filing Date Shares Outstanding	136.71	126.34	126.34	128	128
Total Common Shares Outstanding	136.71	126.34	126.34	128	128
Working Capital	309.98	373.97	375.32	385.68	379.08
Book Value Per Share	3.57	4.17	4.20	4.12	4.02
Tangible Book Value	473.03	511.83	513.86	509.99	496.49
Tangible Book Value Per Share	3.46	4.05	4.07	3.98	3.88
Buildings	-	109.68	109.35	119.43	10.13
Machinery	-	39.58	24.94	21.19	18.21
Construction In Progress	-	8.52	4.76	-	103.34

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