SHE:300016 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	295.44	257.46	748.45	766.73	895.02
Trading Asset Securities	379.75	350.77	-	-	-
Cash & Short-Term Investments	675.18	608.23	748.45	766.73	895.02
Cash Growth	11.01%	-18.73%	-2.38%	-14.33%	-11.71%
Accounts Receivable	265.14	176.36	188.55	112.67	142.52
Other Receivables	3.11	9.54	5.87	8.39	5.81
Receivables	268.25	185.9	194.42	121.06	148.33
Inventory	383.75	362.09	244.86	276.22	250.01
Other Current Assets	49.63	14.95	9.07	14	12.72
Total Current Assets	1,377	1,171	1,197	1,178	1,306
Property, Plant & Equipment	1,125	976.03	876.23	840.46	795.3
Long-Term Investments	576.63	536.76	556.06	561.19	553.2
Goodwill	46.92	46.92	-	31.82	51.23
Other Intangible Assets	147.22	160.82	128.39	125.1	138.99
Long-Term Accounts Receivable	-	1.43	-	-	-
Long-Term Deferred Tax Assets	37	41.33	41.38	39.32	18.15
Long-Term Deferred Charges	25.27	24.94	17.2	36.95	32.4
Other Long-Term Assets	12.74	18.11	3.38	5.83	8.92
Total Assets	3,348	2,978	2,819	2,819	2,904
Accounts Payable	214.38	171.32	115.12	140.9	141.13
Accrued Expenses	26.91	44.5	34.89	32.05	26.06
Short-Term Debt	216.96	140.02	175.56	107.61	79.08
Current Portion of Long-Term Debt	48.44	49	12.4	10.09	20.13
Current Portion of Leases	-	3.26	3.04	2.74	0.27
Current Income Taxes Payable	17.77	-	-	-	0.01
Current Unearned Revenue	6.66	8.76	2.01	4.45	3.8
Other Current Liabilities	43.28	38.38	16.14	4.83	15.09
Total Current Liabilities	574.39	455.23	359.17	302.67	285.56
Long-Term Debt	248.79	600.24	592.55	516.28	476.1
Long-Term Leases	2.16	4.8	7.17	9.98	0.14
Long-Term Unearned Revenue	24.52	16.84	11.74	7.89	10.45
Long-Term Deferred Tax Liabilities	80.5	70.93	62.48	58.56	45.98
Total Liabilities	930.36	1,148	1,033	895.39	818.22
Common Stock	562.87	491.95	491.93	491.96	492.72
Additional Paid-In Capital	697.91	135.34	135.22	135.3	201.27
Retained Earnings	994.58	926.45	912.79	1,019	1,042
Treasury Stock	-	-	-	-0.1	-9.06
Comprehensive Income & Other	3.36	113.86	110.67	130.27	130.04
Total Common Equity	2,259	1,668	1,651	1,776	1,857
Minority Interest	158.45	161.9	135.69	146.88	229.03
Shareholders' Equity	2,417	1,829	1,786	1,923	2,086
Total Liabilities & Equity	3,348	2,978	2,819	2,819	2,904
Total Debt	516.35	797.32	790.72	646.71	575.72
Net Cash (Debt)	158.84	-189.09	-42.28	120.03	319.31
Net Cash Growth	-	-	-	-62.41%	2.79%
Net Cash Per Share	0.31	-0.42	-0.09	0.21	0.66
Filing Date Shares Outstanding	537.43	491.95	491.93	491.96	492.72
Total Common Shares Outstanding	537.43	491.95	491.93	491.96	492.72
Working Capital	802.42	715.95	837.62	875.34	1,021
Book Value Per Share	4.20	3.39	3.36	3.61	3.77
Tangible Book Value	2,065	1,460	1,522	1,619	1,667
Tangible Book Value Per Share	3.84	2.97	3.09	3.29	3.38
Buildings	-	700.49	561.7	557.21	532.04
Machinery	-	567.37	503.01	470.31	400.02
Construction In Progress	-	70.26	110.39	44.99	49

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