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	382.01	409.31	399.8	249.72	252.46
Short-Term Investments	336.01	116.23	182.33	122.84	173.05
Trading Asset Securities	61.2	146.55	196.14	331.77	326.16
Cash & Short-Term Investments	779.22	672.09	778.27	704.33	751.66
Cash Growth	15.94%	-13.64%	10.50%	-6.30%	32.53%
Accounts Receivable	515.92	364.88	339.64	367.97	389.69
Other Receivables	4.18	5.99	1.87	15.4	12.9
Receivables	520.1	370.87	341.5	383.37	402.59
Inventory	452.16	439.96	383.24	405.1	491.44
Prepaid Expenses	-	-	-	0.16	0.2
Other Current Assets	73.44	63.34	66.78	61.29	63.12
Total Current Assets	1,825	1,546	1,570	1,554	1,709
Property, Plant & Equipment	392.09	282.09	191.04	125.66	126.93
Long-Term Investments	447.4	541.75	448.79	121.87	10
Other Intangible Assets	39.29	38.41	6.25	4.21	4.45
Long-Term Deferred Tax Assets	71.67	68.61	52.86	37.62	24.99
Long-Term Deferred Charges	1.86	2.03	1.83	1.55	0.04
Other Long-Term Assets	7.6	0.35	7.64	5.58	0.02
Total Assets	2,785	2,480	2,278	1,851	1,875
Accounts Payable	294.99	232.8	227.12	130.92	169.05
Accrued Expenses	97.01	89.27	72.13	63.65	50.1
Short-Term Debt	315.76	252.51	130.68	72.51	294.2
Current Portion of Long-Term Debt	16.98	12.77	30.29	-	-
Current Portion of Leases	4.42	3.19	2.18	2.36	1.27
Current Income Taxes Payable	0.27	16.88	12.49	27.34	22.1
Current Unearned Revenue	28.35	32.57	26.24	4.3	4.81
Other Current Liabilities	55.23	58.97	79.42	7.37	5.66
Total Current Liabilities	812.99	698.95	580.54	308.45	547.18
Long-Term Debt	65.94	133.56	16.5	-	-
Long-Term Leases	90.21	5.55	6.68	3.37	4.71
Pension & Post-Retirement Benefits	2.77	3.22	3.37	3.86	4.13
Long-Term Deferred Tax Liabilities	-	-	-	0.63	0.37
Other Long-Term Liabilities	27.42	32.85	27.59	13.08	9.87
Total Liabilities	999.34	874.13	634.68	329.38	566.25
Common Stock	176.77	174.69	163.24	147.58	128
Additional Paid-In Capital	871.88	800.89	966.5	885.09	868.12
Retained Earnings	707.13	601.15	492.99	495.85	311.88
Treasury Stock	-45.25	-50.67	-	-	-
Comprehensive Income & Other	-2.86	1.16	-0.53	-7.17	1.19
Total Common Equity	1,708	1,527	1,622	1,521	1,309
Minority Interest	77.82	78.15	21.33	-	-
Shareholders' Equity	1,785	1,605	1,644	1,521	1,309
Total Liabilities & Equity	2,785	2,480	2,278	1,851	1,875
Total Debt	493.3	407.57	186.32	78.24	300.17
Net Cash (Debt)	285.92	264.52	591.94	626.09	451.49
Net Cash Growth	8.09%	-55.31%	-5.45%	38.67%	-10.75%
Net Cash Per Share	1.66	1.55	3.46	3.66	2.67
Filing Date Shares Outstanding	17.68	173.26	171.4	170.45	170.02
Total Common Shares Outstanding	17.68	173.26	171.4	170.45	170.02
Working Capital	1,012	847.31	989.24	1,246	1,162
Book Value Per Share	96.60	8.81	9.46	8.93	7.70
Tangible Book Value	1,668	1,489	1,616	1,517	1,305
Tangible Book Value Per Share	94.38	8.59	9.43	8.90	7.67
Buildings	193.31	163.69	85.71	85.71	86.52
Machinery	221.87	206.84	168.72	100.84	91.91
Construction In Progress	27.45	55.82	51.77	8.79	2.11

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