SHE:300065 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	373.06	276.75	311.95	586.3	317.07
Trading Asset Securities	549.01	693.6	652.82	484.45	597.33
Cash & Short-Term Investments	922.07	970.35	964.76	1,071	914.4
Cash Growth	-4.98%	0.58%	-9.90%	17.10%	-17.43%
Accounts Receivable	375.36	370.98	403.82	394.7	494.22
Other Receivables	21.78	23.74	24.11	84.38	125.37
Receivables	397.14	394.72	427.93	479.07	619.59
Inventory	120.24	326.65	134.09	253.81	177.34
Other Current Assets	78.6	68.61	51.77	98.67	106.56
Total Current Assets	1,518	1,760	1,579	1,902	1,818
Property, Plant & Equipment	495.22	311.85	311.73	245.41	152.37
Long-Term Investments	134.14	104.26	77.7	105.96	82.8
Goodwill	0.49	0.73	4.71	4.78	300.91
Other Intangible Assets	164.68	188.61	294.5	209.56	347.89
Long-Term Deferred Tax Assets	50.35	35.45	36.26	25.52	23.84
Long-Term Deferred Charges	51.07	39.96	16.72	25.78	128.91
Other Long-Term Assets	24.52	-	-	84.29	-
Total Assets	2,439	2,441	2,320	2,604	2,855
Accounts Payable	254.45	209.39	270.6	172.61	103.42
Accrued Expenses	18.09	22.85	10.04	23.62	21.43
Short-Term Debt	30.5	69.06	165.95	116.93	95.04
Current Portion of Long-Term Debt	3.35	4.83	4.85	20.1	24.32
Current Portion of Leases	-	1.32	1.8	4.03	1.28
Current Income Taxes Payable	20.38	11.21	15.24	5.4	29.6
Current Unearned Revenue	173.86	284.75	53.96	185.37	78.39
Other Current Liabilities	54.66	81.04	76.91	89.05	102.01
Total Current Liabilities	555.29	684.46	599.34	617.1	455.48
Long-Term Debt	-	-	5.19	18	439.22
Long-Term Leases	4.22	1.29	1.64	8.49	20.58
Long-Term Unearned Revenue	109.51	46.62	13.86	22.04	16.36
Long-Term Deferred Tax Liabilities	8.04	0.54	1.01	0.41	5.06
Other Long-Term Liabilities	1.78	-	-	-	-
Total Liabilities	678.84	732.9	621.06	666.04	936.71
Common Stock	721.54	720.49	723.33	724.48	629.83
Additional Paid-In Capital	1,452	1,441	1,466	1,570	748.82
Retained Earnings	-418.73	-459.02	-466.58	-350.22	438.23
Treasury Stock	-	-	-29.2	-4.86	-13.5
Comprehensive Income & Other	4.7	5.64	5.37	8.35	98.84
Total Common Equity	1,760	1,708	1,699	1,948	1,902
Minority Interest	-0.01	0.13	0.11	-10.4	15.67
Shareholders' Equity	1,760	1,708	1,699	1,938	1,918
Total Liabilities & Equity	2,439	2,441	2,320	2,604	2,855
Total Debt	38.08	76.51	179.44	167.55	580.44
Net Cash (Debt)	883.99	893.84	785.33	903.2	333.96
Net Cash Growth	-1.10%	13.82%	-13.05%	170.45%	25.27%
Net Cash Per Share	1.22	1.24	1.09	1.38	0.55
Filing Date Shares Outstanding	723.21	720.49	720.63	685.8	618.22
Total Common Shares Outstanding	723.21	720.49	720.63	685.8	618.22
Working Capital	962.75	1,076	979.21	1,285	1,362
Book Value Per Share	2.43	2.37	2.36	2.84	3.08
Tangible Book Value	1,595	1,519	1,400	1,734	1,253
Tangible Book Value Per Share	2.20	2.11	1.94	2.53	2.03
Buildings	-	113.31	113.31	113.31	113.31
Machinery	-	231.81	272.85	66.64	80.9
Construction In Progress	-	51.44	1.01	118.14	5.9

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