SHE:002933 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	418.04	694.28	1,209	877.97	973.43
Trading Asset Securities	596.48	600.38	185.3	50	-
Cash & Short-Term Investments	1,015	1,295	1,394	927.97	973.43
Cash Growth	-21.64%	-7.13%	50.23%	-4.67%	56.07%
Accounts Receivable	433.83	351.74	340.02	236.68	266.27
Other Receivables	1.03	9.35	6.9	2.04	2.48
Receivables	434.86	361.09	346.92	238.72	268.75
Inventory	252.39	265.1	268.24	212.43	166.86
Other Current Assets	285.86	20.78	17.42	23.82	31.46
Total Current Assets	1,988	1,942	2,027	1,403	1,441
Property, Plant & Equipment	153.66	183.07	198.01	162.28	127.49
Long-Term Investments	56.04	85.76	66.28	14.53	14
Other Intangible Assets	67.04	78.28	84.69	93.14	100.18
Long-Term Accounts Receivable	-	56.08	30.31	28.81	18.21
Long-Term Deferred Tax Assets	33.01	36.32	46.53	54.66	32.61
Long-Term Deferred Charges	-	0.06	-	-	0.11
Other Long-Term Assets	75.53	1.44	0.51	3.26	17.17
Total Assets	2,373	2,383	2,453	1,760	1,750
Accounts Payable	275.52	272.67	265.98	95.36	105.35
Accrued Expenses	35.71	39.65	34.98	31.48	31.04
Current Portion of Long-Term Debt	12.55	2.71	0.21	-	-
Current Portion of Leases	-	5.12	7.92	8.99	8.71
Current Income Taxes Payable	2.64	-	0.77	0.7	4.44
Current Unearned Revenue	56.28	76.04	154.13	35.65	28.98
Other Current Liabilities	11.13	19.31	33.44	57.27	14.52
Total Current Liabilities	393.83	415.51	497.43	229.45	193.05
Long-Term Debt	392.5	397.5	400	-	-
Long-Term Leases	36.77	59.27	67.77	76.79	85.5
Long-Term Deferred Tax Liabilities	9.26	10.5	10.5	12.19	-
Total Liabilities	832.35	882.78	975.7	318.43	278.55
Common Stock	117.35	117.35	117.35	117.35	117.35
Additional Paid-In Capital	628.94	627.08	616.65	592.54	649.47
Retained Earnings	769.32	732.2	716.23	701.98	760.4
Treasury Stock	-	-	-	-	-84.3
Comprehensive Income & Other	24.94	25.04	25.38	25.79	23.72
Total Common Equity	1,541	1,502	1,476	1,438	1,467
Minority Interest	-	-1.8	1.68	3.51	5.09
Shareholders' Equity	1,541	1,500	1,477	1,441	1,472
Total Liabilities & Equity	2,373	2,383	2,453	1,760	1,750
Total Debt	441.82	464.61	475.9	85.78	94.21
Net Cash (Debt)	572.7	830.06	918.18	842.19	879.21
Net Cash Growth	-31.00%	-9.60%	9.02%	-4.21%	40.96%
Net Cash Per Share	4.93	7.03	7.73	7.45	9.55
Filing Date Shares Outstanding	115.01	117.35	117.35	117.35	113.33
Total Common Shares Outstanding	115.01	117.35	117.35	117.35	114.36
Working Capital	1,594	1,526	1,529	1,173	1,247
Book Value Per Share	13.40	12.80	12.57	12.25	12.82
Tangible Book Value	1,474	1,423	1,391	1,345	1,366
Tangible Book Value Per Share	12.81	12.13	11.85	11.46	11.95
Buildings	-	122.87	122.64	21.1	21.1
Machinery	-	37.21	36.95	30	26.96
Construction In Progress	-	0.85	1.29	57.45	10.08

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