SHE:002879 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	707.9	499.58	753.33	639.95	811.41
Trading Asset Securities	-	-	-	70	-
Cash & Short-Term Investments	707.9	499.58	753.33	709.95	811.41
Cash Growth	41.70%	-33.68%	6.11%	-12.50%	4.15%
Accounts Receivable	811.53	852.77	683.21	686.74	676.3
Other Receivables	6.33	9.23	10.4	11.65	10.47
Receivables	817.86	861.99	693.61	698.4	686.77
Inventory	251.05	257.41	202.81	217.47	225.33
Other Current Assets	52.4	55.39	28.28	21.95	8.72
Total Current Assets	1,829	1,674	1,678	1,648	1,732
Property, Plant & Equipment	703.47	701.98	534.45	477.7	326.1
Long-Term Investments	0.81	1.34	21.08	21.04	3.9
Goodwill	60.51	60.51	-	-	-
Other Intangible Assets	86.02	88.64	36.62	39.86	42.91
Long-Term Deferred Tax Assets	22.39	39.33	37.5	30.51	16.03
Long-Term Deferred Charges	2.54	1.64	0.44	0.12	-
Other Long-Term Assets	1.36	1.04	11.57	2.78	5.4
Total Assets	2,706	2,569	2,320	2,220	2,127
Accounts Payable	255.91	308.3	323.02	313.65	348.3
Accrued Expenses	170.05	155.91	162.33	125.32	38.88
Short-Term Debt	90.07	71.17	-	-	-
Current Portion of Long-Term Debt	15.14	-	-	-	-
Current Portion of Leases	1.89	1.1	2.22	1.44	-
Current Income Taxes Payable	5.35	6.18	9.3	1.54	1.21
Current Unearned Revenue	23.22	20	16.65	10.27	13.49
Other Current Liabilities	47.56	66.85	11.64	48.44	44.09
Total Current Liabilities	609.19	629.51	525.16	500.67	445.96
Long-Term Debt	127.5	-	-	-	-
Long-Term Leases	1.67	0.44	1.43	3.42	5.09
Long-Term Unearned Revenue	9.28	12.47	18.03	23.65	31.36
Long-Term Deferred Tax Liabilities	9.63	12.08	6.07	6.56	9.09
Total Liabilities	757.27	654.5	550.69	534.3	491.5
Common Stock	193.11	193.11	193.11	193.11	193.11
Additional Paid-In Capital	644.93	754.88	737.74	720.11	708.66
Retained Earnings	1,089	991.97	963.54	920.38	932.27
Treasury Stock	-194.69	-220.91	-125.39	-148.13	-198.96
Total Common Equity	1,732	1,719	1,769	1,685	1,635
Minority Interest	216.95	195.31	-	-	-
Shareholders' Equity	1,949	1,914	1,769	1,685	1,635
Total Liabilities & Equity	2,706	2,569	2,320	2,220	2,127
Total Debt	236.27	72.71	3.65	4.86	5.09
Net Cash (Debt)	471.63	426.87	749.68	705.09	806.32
Net Cash Growth	10.48%	-43.06%	6.33%	-12.55%	3.49%
Net Cash Per Share	2.75	2.34	3.95	3.56	4.48
Filing Date Shares Outstanding	188.86	185	178.8	189.11	179.69
Total Common Shares Outstanding	186.93	185	178.8	189.11	179.69
Working Capital	1,220	1,045	1,153	1,147	1,286
Book Value Per Share	9.27	9.29	9.89	8.91	9.10
Tangible Book Value	1,586	1,570	1,732	1,646	1,592
Tangible Book Value Per Share	8.48	8.49	9.69	8.70	8.86
Buildings	746.22	694.18	513.62	279.56	276.27
Machinery	365.21	342.62	211	201.9	181.31
Construction In Progress	0.47	11.17	47.76	201.43	48.07

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