SHE:002935 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	Jan '22 Jan 1, 2022
Cash & Equivalents	-	484.22	455.78	787.53	411.33
Short-Term Investments	-	-	-	-	150
Cash & Short-Term Investments	353.27	484.22	455.78	787.53	561.33
Cash Growth	-27.04%	6.24%	-42.13%	40.30%	-3.86%
Accounts Receivable	-	1,284	1,165	850.83	642.61
Other Receivables	-	7.35	7.17	8.72	2.06
Receivables	-	1,292	1,172	859.55	644.67
Inventory	-	753.75	599.3	583.28	492.91
Other Current Assets	-	4.75	9.08	29.27	10.37
Total Current Assets	-	2,534	2,236	2,260	1,709
Property, Plant & Equipment	-	294.66	301.65	295.16	277.25
Other Intangible Assets	-	12.83	11.3	9.08	8.5
Long-Term Deferred Tax Assets	-	16.41	14.04	10.26	7.83
Long-Term Deferred Charges	-	5.75	5.1	-	-
Total Assets	-	2,864	2,569	2,574	2,003
Accounts Payable	-	1,145	850.83	821.69	430.84
Accrued Expenses	-	17.95	10.52	38.34	14.01
Current Portion of Leases	-	1.53	1.46	1.53	1.9
Current Income Taxes Payable	-	6.46	5.93	2.9	6.38
Current Unearned Revenue	-	9.84	12.63	47.6	42.49
Other Current Liabilities	-	42.84	74.53	110.86	47.51
Total Current Liabilities	-	1,224	955.91	1,023	543.13
Long-Term Leases	-	-	1.53	3.27	6.25
Long-Term Unearned Revenue	-	54.06	57.36	45.5	40.6
Long-Term Deferred Tax Liabilities	-	0.63	0.81	0.99	-
Total Liabilities	-	1,278	1,016	1,073	589.98
Common Stock	-	426.65	357.45	274.96	208.01
Additional Paid-In Capital	-	274.82	366.57	444.17	443.15
Retained Earnings	-	924.57	888.97	843.03	761.73
Treasury Stock	-	-40.39	-60.02	-60.7	-
Shareholders' Equity	1,582	1,586	1,553	1,501	1,413
Total Liabilities & Equity	-	2,864	2,569	2,574	2,003
Total Debt	0.62	1.53	2.98	4.8	8.15
Net Cash (Debt)	352.65	482.69	452.8	782.73	553.18
Net Cash Growth	-26.94%	6.60%	-42.15%	41.50%	-5.26%
Net Cash Per Share	0.83	1.14	1.07	1.85	1.31
Filing Date Shares Outstanding	406.85	426.52	428.94	428.94	421.84
Total Common Shares Outstanding	424.1	426.65	428.94	428.94	421.84
Working Capital	-	1,311	1,281	1,237	1,166
Book Value Per Share	3.73	3.72	3.62	3.50	3.35
Tangible Book Value	1,571	1,573	1,542	1,492	1,404
Tangible Book Value Per Share	3.70	3.69	3.59	3.48	3.33
Buildings	-	249.99	233.05	233.05	-
Machinery	-	185.07	166.82	147.64	129.05
Construction In Progress	-	-	23.6	14.66	233.74

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