SHE:003007 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	230.88	230.19	188.3	150.59	272.14
Short-Term Investments	-	30.76	-	44.07	-
Trading Asset Securities	-	50	50	180	120
Cash & Short-Term Investments	230.88	310.96	238.3	374.67	392.14
Cash Growth	-25.75%	30.49%	-36.40%	-4.46%	-35.48%
Accounts Receivable	377.75	313.12	304.13	281.26	222.61
Other Receivables	18.76	22.4	15.22	10.19	9.62
Receivables	396.51	335.51	319.35	291.44	232.24
Inventory	32.12	30.66	32.78	37.62	50.11
Other Current Assets	243.16	19.47	56.56	3.87	8.51
Total Current Assets	902.66	696.6	646.99	707.6	683
Property, Plant & Equipment	1,141	97.95	97.77	132.59	150.63
Long-Term Investments	75.35	121.94	153.77	40.09	113.45
Goodwill	5.71	12.04	18.1	19.71	19.71
Other Intangible Assets	33.17	49.46	49.09	38.32	18.47
Long-Term Deferred Tax Assets	23.43	10.18	9.19	6.69	6.36
Long-Term Deferred Charges	86.24	12.02	5.05	12.43	20.09
Other Long-Term Assets	10.69	55.31	45	45	-
Total Assets	2,278	1,056	1,025	1,002	1,012
Accounts Payable	179.9	76.11	68.52	97.96	114.05
Accrued Expenses	18.41	33.36	23.07	30.19	23.92
Short-Term Debt	215.51	11.86	1	1	-
Current Portion of Long-Term Debt	160.75	-	-	-	-
Current Portion of Leases	-	4.72	4.32	3.76	5.45
Current Income Taxes Payable	4.24	-	-	-	0.01
Current Unearned Revenue	8.23	8.62	18.19	18.74	19.05
Other Current Liabilities	41.93	20.13	25.1	25.7	23.04
Total Current Liabilities	628.96	154.81	140.2	177.34	185.52
Long-Term Leases	677.96	6.85	0.38	1.6	8.02
Long-Term Deferred Tax Liabilities	-	-	-	0.43	0.26
Other Long-Term Liabilities	70.65	3.77	3.87	4.62	2.65
Total Liabilities	1,378	165.42	144.46	183.99	196.45
Common Stock	101.82	104	104	104	104
Additional Paid-In Capital	333.5	379.75	378.52	388.95	378.52
Retained Earnings	461.16	450.04	437.38	358.89	330.17
Treasury Stock	-	-40.24	-40.24	-40.24	-
Comprehensive Income & Other	-0.36	-0.22	-0.36	-0.44	-1.01
Total Common Equity	896.12	893.34	879.31	811.17	811.69
Minority Interest	4.57	-3.26	1.18	7.26	3.56
Shareholders' Equity	900.69	890.08	880.49	818.43	815.25
Total Liabilities & Equity	2,278	1,056	1,025	1,002	1,012
Total Debt	1,054	23.42	5.7	6.36	13.47
Net Cash (Debt)	-823.34	287.54	232.59	368.31	378.67
Net Cash Growth	-	23.62%	-36.85%	-2.73%	-37.70%
Net Cash Per Share	-7.90	2.79	2.27	3.53	3.67
Filing Date Shares Outstanding	113.14	101.82	101.82	101.82	104
Total Common Shares Outstanding	113.14	101.82	101.82	101.82	104
Working Capital	273.71	541.79	506.78	530.25	497.47
Book Value Per Share	7.92	8.77	8.64	7.97	7.80
Tangible Book Value	857.24	831.84	812.12	753.14	773.52
Tangible Book Value Per Share	7.58	8.17	7.98	7.40	7.44
Buildings	-	132.72	132.72	177.96	177.96
Machinery	-	16.12	16.89	18.35	17.89

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