SHE:003021 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	216.97	224.88	131.6	147.45	447.78
Short-Term Investments	1,054	988.84	979.8	1,156	850
Trading Asset Securities	838.98	841.95	640.47	472.95	753.38
Cash & Short-Term Investments	2,110	2,056	1,752	1,777	2,051
Cash Growth	2.64%	17.34%	-1.39%	-13.39%	-2.55%
Accounts Receivable	663.05	598.09	445.17	400.31	317.01
Other Receivables	4.4	3.73	2.85	2.57	28.21
Receivables	667.45	601.82	448.02	402.88	345.21
Inventory	210.28	184.12	164.47	172.64	152.22
Other Current Assets	65.76	97.79	238.72	20.72	29.25
Total Current Assets	3,053	2,939	2,603	2,373	2,578
Property, Plant & Equipment	1,057	1,020	927.32	751.61	593.21
Long-Term Investments	98.83	81.13	183.37	85.09	13.86
Other Intangible Assets	46.95	48.34	49.4	50.97	40.16
Long-Term Deferred Tax Assets	6.82	0.2	14.72	26.27	13.77
Long-Term Deferred Charges	37.84	14.9	14.63	11.1	13.63
Other Long-Term Assets	16.75	17.53	11.53	260.59	10.44
Total Assets	4,318	4,122	3,804	3,558	3,263
Accounts Payable	399.09	434.33	408.68	346.35	212.38
Accrued Expenses	84.01	76.72	58.52	47.34	40.41
Short-Term Debt	169.64	140.98	40.98	39.74	5.44
Current Portion of Leases	4.1	4.43	3.84	9.88	11.94
Current Income Taxes Payable	4.36	3.68	2.55	1.39	-
Current Unearned Revenue	10.33	19.26	21.41	20.77	16.56
Other Current Liabilities	78	123.36	100.81	62.79	78.14
Total Current Liabilities	749.55	802.77	636.79	528.26	364.86
Long-Term Leases	3.18	7.19	0.28	7.29	17.1
Long-Term Unearned Revenue	50.99	53.09	39.26	34.07	28.21
Long-Term Deferred Tax Liabilities	31.08	32.65	40.02	41.76	25.72
Total Liabilities	834.8	895.7	716.36	611.38	435.9
Common Stock	240.73	240.2	171.01	171.3	171.43
Additional Paid-In Capital	1,911	1,852	1,895	1,911	1,914
Retained Earnings	1,334	1,148	1,017	865.6	749.16
Treasury Stock	-13.23	-26.96	-7.78	-14.91	-16.51
Comprehensive Income & Other	10.07	12.55	13.21	14.11	9.3
Shareholders' Equity	3,483	3,226	3,088	2,947	2,827
Total Liabilities & Equity	4,318	4,122	3,804	3,558	3,263
Total Debt	176.92	152.6	45.11	56.91	34.48
Net Cash (Debt)	1,933	1,903	1,707	1,720	2,017
Net Cash Growth	1.58%	11.50%	-0.75%	-14.73%	-4.19%
Net Cash Per Share	8.04	7.95	7.11	7.18	8.40
Filing Date Shares Outstanding	267.48	240.2	239.41	239.82	240.01
Total Common Shares Outstanding	240.73	240.2	239.41	239.82	240.01
Working Capital	2,304	2,137	1,966	1,845	2,213
Book Value Per Share	14.47	13.43	12.90	12.29	11.78
Tangible Book Value	3,436	3,178	3,038	2,896	2,787
Tangible Book Value Per Share	14.27	13.23	12.69	12.08	11.61
Buildings	777.03	779.58	495.5	485.53	142.93
Machinery	648.19	532.15	431.21	375.87	317.96
Construction In Progress	28.58	18.01	253.65	71.66	256.88

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