SHE:002972 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	541	336.73	332.59	536.37	669.8
Trading Asset Securities	-	27.15	-	-	-
Cash & Short-Term Investments	541	363.88	332.59	536.37	669.8
Cash Growth	48.68%	9.41%	-37.99%	-19.92%	-5.42%
Accounts Receivable	453.3	527.79	558.62	597.7	465.04
Other Receivables	4.23	22.01	37.51	19.57	33.03
Receivables	457.53	549.8	596.13	617.27	498.07
Inventory	125.94	154.89	141.25	93.93	74.12
Other Current Assets	50.72	162.59	2.73	1.65	31.12
Total Current Assets	1,175	1,231	1,073	1,249	1,273
Property, Plant & Equipment	132.52	137.85	138.38	133.84	121.02
Other Intangible Assets	2.34	2.41	7.4	2.64	2.83
Long-Term Deferred Tax Assets	44.89	37.26	26.38	19.26	16.63
Long-Term Deferred Charges	0.37	0.99	1.81	2.38	3.16
Other Long-Term Assets	66.58	45	151.7	135.83	6.32
Total Assets	1,422	1,455	1,398	1,543	1,423
Accounts Payable	37.91	58.11	47.98	119.37	65.26
Accrued Expenses	12.02	20.38	21.68	33.47	27.61
Short-Term Debt	29.8	49.93	-	50	-
Current Portion of Long-Term Debt	4.76	-	-	-	-
Current Portion of Leases	-	6.16	7.14	6.13	9.11
Current Income Taxes Payable	20.24	16.67	6.95	28.82	19
Current Unearned Revenue	54.47	61.26	39.85	12.86	28.32
Other Current Liabilities	16.33	12.03	17.29	24.91	20.71
Total Current Liabilities	175.53	224.53	140.89	275.57	170
Long-Term Leases	1.62	5.52	4.97	1.52	6.04
Long-Term Unearned Revenue	6.17	6.39	3.09	3.22	5.73
Long-Term Deferred Tax Liabilities	0.88	1.61	1.88	-	-
Other Long-Term Liabilities	9.14	-	-	-	-
Total Liabilities	193.34	238.05	150.83	280.32	181.77
Common Stock	246.01	246.01	246.01	176.32	176.32
Additional Paid-In Capital	387.01	387.01	387.01	467.86	467.86
Retained Earnings	602.85	588.87	610.96	653.33	618.1
Treasury Stock	-10	-10	-	-35.99	-21
Comprehensive Income & Other	2.3	4.14	2.81	0.74	-0.63
Total Common Equity	1,228	1,216	1,247	1,262	1,241
Minority Interest	0.38	0.59	0.75	0.61	0.65
Shareholders' Equity	1,229	1,217	1,248	1,263	1,241
Total Liabilities & Equity	1,422	1,455	1,398	1,543	1,423
Total Debt	36.17	61.6	12.11	57.66	15.15
Net Cash (Debt)	504.82	302.28	320.49	478.71	654.65
Net Cash Growth	67.01%	-5.68%	-33.05%	-26.88%	-7.56%
Net Cash Per Share	2.05	1.22	1.31	1.96	2.67
Filing Date Shares Outstanding	249.44	244.84	243.91	243.91	245.17
Total Common Shares Outstanding	249.44	244.84	243.91	243.91	245.17
Working Capital	999.66	1,007	931.81	973.65	1,103
Book Value Per Share	4.92	4.97	5.11	5.18	5.06
Tangible Book Value	1,226	1,214	1,239	1,260	1,238
Tangible Book Value Per Share	4.91	4.96	5.08	5.16	5.05
Buildings	-	126.68	126.64	119.47	54.65
Machinery	-	39.98	36.55	32.31	26.6
Construction In Progress	-	10.56	2.79	6.61	50.73

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