SHE:003019 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	-	409.31	399.8	249.72	252.46
Short-Term Investments	-	116.23	182.33	122.84	173.05
Trading Asset Securities	-	146.55	196.14	331.77	326.16
Cash & Short-Term Investments	704.64	672.09	778.27	704.33	751.66
Cash Growth	4.84%	-13.64%	10.50%	-6.30%	32.53%
Accounts Receivable	-	364.88	339.64	367.97	389.69
Other Receivables	-	5.99	1.87	15.4	12.9
Receivables	-	370.87	341.5	383.37	402.59
Inventory	-	439.96	383.24	405.1	491.44
Prepaid Expenses	-	-	-	0.16	0.2
Other Current Assets	-	63.34	66.78	61.29	63.12
Total Current Assets	-	1,546	1,570	1,554	1,709
Property, Plant & Equipment	-	282.09	191.04	125.66	126.93
Long-Term Investments	-	541.75	448.79	121.87	10
Other Intangible Assets	-	38.41	6.25	4.21	4.45
Long-Term Deferred Tax Assets	-	68.61	52.86	37.62	24.99
Long-Term Deferred Charges	-	2.03	1.83	1.55	0.04
Other Long-Term Assets	-	0.35	7.64	5.58	0.02
Total Assets	-	2,480	2,278	1,851	1,875
Accounts Payable	-	232.8	227.12	130.92	169.05
Accrued Expenses	-	89.27	72.13	63.65	50.1
Short-Term Debt	-	252.51	130.68	72.51	294.2
Current Portion of Long-Term Debt	-	12.77	30.29	-	-
Current Portion of Leases	-	3.19	2.18	2.36	1.27
Current Income Taxes Payable	-	16.88	12.49	27.34	22.1
Current Unearned Revenue	-	32.57	26.24	4.3	4.81
Other Current Liabilities	-	58.97	79.42	7.37	5.66
Total Current Liabilities	-	698.95	580.54	308.45	547.18
Long-Term Debt	-	133.56	16.5	-	-
Long-Term Leases	-	5.55	6.68	3.37	4.71
Pension & Post-Retirement Benefits	-	3.22	3.37	3.86	4.13
Long-Term Deferred Tax Liabilities	-	-	-	0.63	0.37
Other Long-Term Liabilities	-	32.85	27.59	13.08	9.87
Total Liabilities	-	874.13	634.68	329.38	566.25
Common Stock	-	174.69	163.24	147.58	128
Additional Paid-In Capital	-	800.89	966.5	885.09	868.12
Retained Earnings	-	601.15	492.99	495.85	311.88
Treasury Stock	-	-50.67	-	-	-
Comprehensive Income & Other	-	1.16	-0.53	-7.17	1.19
Total Common Equity	1,667	1,527	1,622	1,521	1,309
Minority Interest	-	78.15	21.33	-	-
Shareholders' Equity	1,745	1,605	1,644	1,521	1,309
Total Liabilities & Equity	-	2,480	2,278	1,851	1,875
Total Debt	537.16	407.57	186.32	78.24	300.17
Net Cash (Debt)	167.49	264.52	591.94	626.09	451.49
Net Cash Growth	-36.68%	-55.31%	-5.45%	38.67%	-10.75%
Net Cash Per Share	0.97	1.55	3.46	3.66	2.67
Filing Date Shares Outstanding	171.96	173.26	171.4	170.45	170.02
Total Common Shares Outstanding	171.96	173.26	171.4	170.45	170.02
Working Capital	-	847.31	989.24	1,246	1,162
Book Value Per Share	10.89	8.81	9.46	8.93	7.70
Tangible Book Value	1,628	1,489	1,616	1,517	1,305
Tangible Book Value Per Share	10.64	8.59	9.43	8.90	7.67
Buildings	-	163.69	85.71	85.71	86.52
Machinery	-	206.84	168.72	100.84	91.91
Construction In Progress	-	55.82	51.77	8.79	2.11

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