SHE:002927 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	87.72	144.05	91.76	111.79	112.18
Short-Term Investments	-	-	-	-	68
Trading Asset Securities	60.27	18.14	102.16	34	-
Cash & Short-Term Investments	147.99	162.2	193.91	145.79	180.18
Cash Growth	-8.76%	-16.36%	33.01%	-19.09%	-19.29%
Accounts Receivable	600.3	655.19	697.66	654.09	595.3
Other Receivables	12.23	21.98	28.49	35.92	21.68
Receivables	612.53	677.17	726.15	690.01	616.98
Inventory	256.07	241.38	252.92	281.77	232.57
Other Current Assets	86.45	32.93	21.06	25.2	26.97
Total Current Assets	1,103	1,114	1,194	1,143	1,057
Property, Plant & Equipment	293.98	285.7	271.77	265.81	170.45
Long-Term Investments	54.87	50.05	54.93	49.01	52.44
Goodwill	14.47	27.86	27.86	27.86	27.86
Other Intangible Assets	21.99	23.69	25.21	27.74	30.37
Long-Term Deferred Tax Assets	27.03	22.87	21.74	22.13	20.12
Long-Term Deferred Charges	0.18	0.37	0.48	1.12	2.52
Other Long-Term Assets	3.46	9.72	6.26	4.89	30.44
Total Assets	1,519	1,534	1,602	1,541	1,391
Accounts Payable	386.67	414.31	378.08	376.43	292.31
Accrued Expenses	18.58	54.06	52.06	54.8	68.35
Short-Term Debt	57.11	13	30.02	33.8	8
Current Portion of Long-Term Debt	1.17	-	-	-	-
Current Portion of Leases	-	2.22	2.76	1.61	-
Current Income Taxes Payable	21.33	0.42	4.4	1.82	0.7
Current Unearned Revenue	4.47	2.46	3.37	7.59	3.61
Other Current Liabilities	7.94	13.02	24.31	8.95	8.92
Total Current Liabilities	497.27	499.5	495	485	381.89
Long-Term Leases	5.15	-	1.2	-	-
Long-Term Unearned Revenue	18.64	19.65	19.68	19.19	15.76
Long-Term Deferred Tax Liabilities	1.66	1.95	2.73	2.85	2.96
Total Liabilities	522.72	521.09	518.6	507.04	400.61
Common Stock	223.19	223.19	223.2	223.21	223.36
Additional Paid-In Capital	355.68	355.68	355.86	355.82	355.34
Retained Earnings	417.42	433.96	437.88	394.34	352.83
Treasury Stock	-	-	-0.09	-3.5	-7.42
Total Common Equity	996.29	1,013	1,017	969.87	924.1
Minority Interest	-	-	66.82	64.4	66.2
Shareholders' Equity	996.29	1,013	1,084	1,034	990.3
Total Liabilities & Equity	1,519	1,534	1,602	1,541	1,391
Total Debt	63.42	15.22	33.98	35.41	8
Net Cash (Debt)	84.56	146.98	159.93	110.38	172.18
Net Cash Growth	-42.47%	-8.10%	44.89%	-35.89%	-14.44%
Net Cash Per Share	0.31	0.67	0.73	0.50	0.77
Filing Date Shares Outstanding	411.17	223.19	223.2	223.22	223.36
Total Common Shares Outstanding	411.17	223.19	223.2	223.21	223.36
Working Capital	605.76	614.18	699.04	657.77	674.81
Book Value Per Share	2.42	4.54	4.56	4.35	4.14
Tangible Book Value	959.84	961.29	963.8	914.28	865.88
Tangible Book Value Per Share	2.33	4.31	4.32	4.10	3.88
Buildings	-	231.09	125.99	124.44	117.96
Machinery	-	184.68	174.57	161.22	147.03
Construction In Progress	-	28.56	114.19	108.53	18.86

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