SHE:300019 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	909.13	932.24	898.27	728.49	934.05
Trading Asset Securities	70.1	-	100.32	224.19	-
Cash & Short-Term Investments	979.23	932.24	998.59	952.68	934.05
Cash Growth	5.04%	-6.64%	4.82%	1.99%	212.74%
Accounts Receivable	958.94	1,057	731.85	716.25	824.09
Other Receivables	6.68	7.97	4.32	4.67	5.73
Receivables	965.62	1,065	736.17	720.92	829.82
Inventory	466.16	482.16	314.9	275.94	369.76
Other Current Assets	246.47	159.77	32.24	11.31	48.07
Total Current Assets	2,657	2,639	2,082	1,961	2,182
Property, Plant & Equipment	1,092	1,060	792.9	672.63	626.5
Long-Term Investments	86.88	135.56	153.75	-	-
Goodwill	73.1	73.1	44.57	44.57	44.57
Other Intangible Assets	124.14	118.71	90.26	93.73	84.13
Long-Term Deferred Tax Assets	30.99	19.53	16.26	13.29	14.27
Long-Term Deferred Charges	26.69	26.6	21.29	1.61	0.8
Other Long-Term Assets	10.28	17.44	19.58	32.64	11.41
Total Assets	4,102	4,090	3,221	2,819	2,963
Accounts Payable	758.16	834.47	336.18	196.31	605.44
Accrued Expenses	80.77	111.14	57.96	68.09	72.1
Short-Term Debt	175.11	251.19	275.67	234.5	82
Current Portion of Long-Term Debt	21.35	23.02	2.8	-	-
Current Portion of Leases	-	0.98	1.15	1.25	1.33
Current Income Taxes Payable	32.6	13.15	12.23	11.9	12.93
Current Unearned Revenue	62.06	62.54	41.47	33.81	49.14
Other Current Liabilities	145.37	189.04	10.35	18.15	24.82
Total Current Liabilities	1,275	1,486	737.81	564.01	847.76
Long-Term Debt	-	-	17.22	-	-
Long-Term Leases	7	0.51	0.95	1.93	2.92
Long-Term Unearned Revenue	83.59	32.48	20.53	22.66	24.57
Long-Term Deferred Tax Liabilities	8.66	8.53	3.74	4.11	4.34
Other Long-Term Liabilities	18.4	3.5	1.69	1.62	2.14
Total Liabilities	1,393	1,531	781.94	594.35	881.72
Common Stock	393.12	393.12	391.06	391.09	391.13
Additional Paid-In Capital	823.45	833.74	837.06	826.01	824.42
Retained Earnings	1,483	1,323	1,202	1,005	871.65
Treasury Stock	-	-	-	-1.29	-8.27
Comprehensive Income & Other	9.04	10.25	7.98	4.53	2.72
Total Common Equity	2,709	2,560	2,439	2,225	2,082
Shareholders' Equity	2,709	2,560	2,439	2,225	2,082
Total Liabilities & Equity	4,102	4,090	3,221	2,819	2,963
Total Debt	203.46	275.68	297.8	237.68	86.25
Net Cash (Debt)	775.77	656.55	700.79	714.99	847.8
Net Cash Growth	18.16%	-6.31%	-1.99%	-15.67%	-
Net Cash Per Share	1.97	1.68	1.79	1.83	2.22
Filing Date Shares Outstanding	392.97	393.12	391.06	391.13	391.07
Total Common Shares Outstanding	392.97	393.12	391.06	391.13	391.07
Working Capital	1,382	1,154	1,344	1,397	1,334
Book Value Per Share	6.89	6.51	6.24	5.69	5.32
Tangible Book Value	2,512	2,368	2,304	2,087	1,953
Tangible Book Value Per Share	6.39	6.02	5.89	5.34	4.99
Buildings	-	662.5	476.91	468.15	412.22
Machinery	-	700.01	496.81	421.11	397.2
Construction In Progress	-	186.85	178.18	108.05	92.06

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