SHE:300049 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	649.74	566.83	509.59	479.21	472.72
Trading Asset Securities	83.62	157.5	94.11	136.2	145.8
Cash & Short-Term Investments	733.36	724.33	603.7	615.41	618.52
Cash Growth	1.25%	19.98%	-1.90%	-0.50%	19.89%
Accounts Receivable	475.61	555.37	457.51	456.49	365.55
Other Receivables	106.38	36.31	31.09	25.01	19.91
Receivables	581.99	591.69	488.59	481.49	385.46
Inventory	148.97	140.84	100.37	97.4	100.49
Prepaid Expenses	21.67	23.1	19.43	11.43	0.22
Other Current Assets	58.52	43.74	42.75	24.7	38.28
Total Current Assets	1,545	1,524	1,255	1,230	1,143
Property, Plant & Equipment	579.59	492.18	403.24	385.87	387.44
Long-Term Investments	240.51	139.85	222.85	237.19	348.23
Goodwill	179.5	205.09	135.89	135.89	135.89
Other Intangible Assets	583.23	558.15	442.02	417.96	416.78
Long-Term Deferred Tax Assets	70.16	57.33	48.05	45.06	35.82
Long-Term Deferred Charges	6.28	5.3	6.49	13.85	14.95
Other Long-Term Assets	235.13	77.3	134.09	56.82	42.56
Total Assets	3,439	3,059	2,647	2,523	2,525
Accounts Payable	128.75	115	80.09	72.41	61.12
Accrued Expenses	161.1	120.51	113.93	107.85	105.53
Short-Term Debt	-	-	-	1.16	40
Current Portion of Leases	23.74	21.18	14.44	12.68	14.23
Current Income Taxes Payable	15.16	32.4	18.87	13.33	37.53
Current Unearned Revenue	12.89	12.83	6.71	1.87	4.3
Other Current Liabilities	140.6	67.64	64.33	27.52	10.54
Total Current Liabilities	482.25	369.55	298.37	236.81	273.25
Long-Term Leases	69.43	55.24	44.9	41.83	54.13
Long-Term Unearned Revenue	373.9	429.92	403.92	401.98	388.21
Long-Term Deferred Tax Liabilities	9.24	6.38	2.59	2.34	-
Other Long-Term Liabilities	32.52	69.89	50.31	14.3	3.37
Total Liabilities	967.33	930.99	800.09	697.25	718.97
Common Stock	264.98	266.36	263.05	263.05	263.05
Additional Paid-In Capital	818.37	839.82	656.94	672.17	639.87
Retained Earnings	1,003	848.99	740.04	740.1	642.22
Treasury Stock	-34.78	-59.75	-	-	-
Comprehensive Income & Other	-73.31	-147.73	-112.71	-129.91	-25.58
Total Common Equity	1,978	1,748	1,547	1,545	1,520
Minority Interest	493.26	380.23	300.06	280.43	286.11
Shareholders' Equity	2,472	2,128	1,847	1,826	1,806
Total Liabilities & Equity	3,439	3,059	2,647	2,523	2,525
Total Debt	93.17	76.42	59.34	55.68	108.36
Net Cash (Debt)	640.19	647.91	544.36	559.73	510.17
Net Cash Growth	-1.19%	19.02%	-2.75%	9.72%	31.30%
Net Cash Per Share	2.41	2.46	2.07	2.13	1.96
Filing Date Shares Outstanding	264.98	255.68	263.05	263.05	263.05
Total Common Shares Outstanding	264.98	255.68	263.05	263.05	263.05
Working Capital	1,062	1,154	956.47	993.63	869.73
Book Value Per Share	7.47	6.84	5.88	5.87	5.78
Tangible Book Value	1,216	984.44	969.42	991.56	966.9
Tangible Book Value Per Share	4.59	3.85	3.69	3.77	3.68
Buildings	310.89	78.37	126.34	126.33	126.45
Machinery	248.12	224.68	191.51	163.59	141.96
Construction In Progress	109.59	294.17	191.91	186.68	182.15

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