SHE:300041 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	908.55	778.78	834.7	1,440	687.44
Short-Term Investments	-	222.32	262.29	83.94	-
Trading Asset Securities	368.65	405.45	136.26	0.62	-
Cash & Short-Term Investments	1,277	1,407	1,233	1,524	687.44
Cash Growth	-9.20%	14.05%	-19.10%	121.75%	39.98%
Accounts Receivable	1,881	1,798	1,727	1,663	1,623
Other Receivables	44.88	105.75	77.66	33.08	28.69
Receivables	1,926	1,904	1,805	1,696	1,651
Inventory	493.89	575.44	482.61	564.64	440.38
Prepaid Expenses	-	2.77	9.23	6.72	8.67
Other Current Assets	518.26	54.4	30.19	121.45	89.63
Total Current Assets	4,215	3,943	3,560	3,914	2,877
Property, Plant & Equipment	1,914	1,779	1,673	1,366	1,067
Long-Term Investments	194.8	498.03	642.29	351.72	123.39
Goodwill	24.86	24.86	0.01	0.01	0.01
Other Intangible Assets	254.6	283.23	242.36	204.68	209.24
Long-Term Deferred Tax Assets	47.13	31.58	30.46	42.64	32.9
Long-Term Deferred Charges	2.66	0.49	0.22	0.38	0.46
Other Long-Term Assets	50.26	33.32	46.41	110.63	66.87
Total Assets	6,703	6,594	6,195	5,990	4,377
Accounts Payable	1,124	1,242	1,238	1,218	1,150
Accrued Expenses	41.8	45.03	34.15	43.14	25.41
Short-Term Debt	805.44	754.26	540.47	350.34	433.17
Current Portion of Long-Term Debt	103.2	151.27	149.43	57.56	17.03
Current Portion of Leases	-	21.02	0.8	1.63	0.96
Current Income Taxes Payable	35.75	9.27	3.54	5.29	11.5
Current Unearned Revenue	33.47	17.99	11.09	13.38	11.54
Other Current Liabilities	341.11	439.13	288.11	525.32	262.59
Total Current Liabilities	2,484	2,680	2,266	2,215	1,913
Long-Term Debt	970.96	944.07	988.03	995.03	205.63
Long-Term Leases	4.32	17.44	4.63	5.16	5.76
Long-Term Unearned Revenue	57.62	50.38	51.28	47.08	44.5
Long-Term Deferred Tax Liabilities	7.1	6.78	0.09	0.09	0.1
Other Long-Term Liabilities	18.73	4.6	-	-	-
Total Liabilities	3,543	3,703	3,310	3,262	2,169
Common Stock	559.43	559.42	559.42	430.89	430.89
Additional Paid-In Capital	802.6	712.22	817.4	942.6	936.48
Retained Earnings	1,638	1,501	1,453	1,219	968.6
Treasury Stock	-56.74	-126.82	-108.35	-	-135.05
Comprehensive Income & Other	127.44	155.54	158.06	129.23	-0.02
Total Common Equity	3,070	2,801	2,880	2,721	2,201
Minority Interest	89.87	89.67	5.69	6.45	7.77
Shareholders' Equity	3,160	2,891	2,885	2,728	2,209
Total Liabilities & Equity	6,703	6,594	6,195	5,990	4,377
Total Debt	1,884	1,888	1,683	1,410	662.56
Net Cash (Debt)	-606.72	-481.51	-450.11	114.7	24.88
Net Cash Growth	-	-	-	361.03%	-84.19%
Net Cash Per Share	-1.09	-0.86	-0.73	0.20	0.04
Filing Date Shares Outstanding	549.78	539.74	550.35	560.15	541.47
Total Common Shares Outstanding	549.78	539.74	550.35	560.15	541.47
Working Capital	1,730	1,264	1,295	1,699	964.85
Book Value Per Share	5.58	5.19	5.23	4.86	4.06
Tangible Book Value	2,791	2,493	2,637	2,517	1,992
Tangible Book Value Per Share	5.08	4.62	4.79	4.49	3.68
Buildings	-	1,349	981.39	697.57	586.42
Machinery	-	935.11	675.65	558.53	504.78
Construction In Progress	-	47.71	404.82	465.13	265.24

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