SHE:003029 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	195.35	296.71	697.51	1,095	1,233
Short-Term Investments	-	-	5	-	-
Cash & Short-Term Investments	195.35	296.71	702.51	1,095	1,233
Cash Growth	-34.16%	-57.77%	-35.84%	-11.19%	6.08%
Accounts Receivable	240.42	246.73	222.24	294.27	370.78
Other Receivables	5.84	41.9	22.4	17.98	17.95
Receivables	246.26	288.64	244.64	312.26	388.73
Inventory	203.67	236.05	194.02	150.26	107.63
Prepaid Expenses	-	-	1.9	1.04	-
Other Current Assets	56.71	39.96	40.56	14.64	14.9
Total Current Assets	701.99	861.35	1,184	1,573	1,744
Property, Plant & Equipment	664.41	436.55	343.71	59.84	26.71
Long-Term Investments	196.38	198.03	200.34	25.49	24.95
Other Intangible Assets	67.87	64.56	49.41	28.66	28.24
Long-Term Accounts Receivable	-	3.27	6.12	4.99	-
Long-Term Deferred Tax Assets	66.7	58.29	38.98	13.07	11.12
Long-Term Deferred Charges	10.93	4.92	5.77	2.39	4.06
Other Long-Term Assets	10.67	44.22	43.33	124.56	48.1
Total Assets	1,719	1,671	1,871	1,832	1,887
Accounts Payable	320.7	220.01	162.39	166.99	173.76
Accrued Expenses	26.89	32.2	35.49	42.58	53.22
Current Portion of Long-Term Debt	5.12	-	-	-	-
Current Portion of Leases	-	8.13	12.39	9.67	11.21
Current Income Taxes Payable	3.89	1.1	0.5	1.86	13.3
Current Unearned Revenue	128.8	145.3	183.91	128.64	134.1
Other Current Liabilities	86.4	16.99	217.69	61.48	83.57
Total Current Liabilities	571.8	423.72	612.37	411.21	469.15
Long-Term Leases	14.13	18.18	25.04	27.06	5.12
Long-Term Unearned Revenue	5.02	2.36	1.13	0.66	0.89
Other Long-Term Liabilities	22.28	21.08	-	-	-
Total Liabilities	613.23	465.34	638.55	438.94	475.16
Common Stock	193.62	193.62	184.48	186.35	186.4
Additional Paid-In Capital	956.77	956.77	817.19	852.09	838.51
Retained Earnings	-39.91	74.49	213.01	370.17	435.51
Treasury Stock	-72.72	-72.72	-27.92	-51.38	-74
Total Common Equity	1,038	1,152	1,187	1,357	1,386
Minority Interest	67.96	53.69	45.99	36.03	25.75
Shareholders' Equity	1,106	1,206	1,233	1,393	1,412
Total Liabilities & Equity	1,719	1,671	1,871	1,832	1,887
Total Debt	19.25	26.31	37.43	36.73	16.33
Net Cash (Debt)	176.1	270.4	665.08	1,058	1,217
Net Cash Growth	-34.88%	-59.34%	-37.15%	-13.01%	4.91%
Net Cash Per Share	0.91	1.39	3.64	5.96	6.75
Filing Date Shares Outstanding	194.41	188.4	184.48	186.35	186.4
Total Common Shares Outstanding	194.41	188.4	184.48	186.35	186.4
Working Capital	130.19	437.62	571.27	1,162	1,275
Book Value Per Share	5.34	6.12	6.43	7.28	7.44
Tangible Book Value	969.89	1,088	1,137	1,329	1,358
Tangible Book Value Per Share	4.99	5.77	6.17	7.13	7.29
Buildings	-	196.14	1.67	1.67	1.67
Machinery	-	41.71	36.03	26.3	18.4
Construction In Progress	-	196.05	284.82	6.91	0.12

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