SHE:300099 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	250.87	354.47	292.9	594.46	174.1
Short-Term Investments	64.93	22.13	-	-	-
Trading Asset Securities	369.59	249.45	233.28	96.15	82.98
Cash & Short-Term Investments	685.4	626.05	526.18	690.61	257.09
Cash Growth	9.48%	18.98%	-23.81%	168.63%	-17.51%
Accounts Receivable	636.17	575.25	708.61	701.04	614.28
Other Receivables	15.88	19.48	41.3	94.6	72.14
Receivables	652.05	594.73	749.91	795.64	686.42
Inventory	227.79	240.8	303.93	290.37	262.2
Prepaid Expenses	0.13	0.42	0.32	0.01	0.01
Other Current Assets	7.27	157.79	9.68	21.08	15.67
Total Current Assets	1,573	1,620	1,590	1,798	1,221
Property, Plant & Equipment	405.38	361.49	329.12	285.01	226.22
Long-Term Investments	68.01	187.72	172.36	152.03	154.61
Goodwill	461.1	461.1	461.1	461.1	512.98
Other Intangible Assets	32.33	34.74	36.38	39.54	46.46
Long-Term Deferred Tax Assets	10.98	8.02	36.17	41.35	26.77
Long-Term Deferred Charges	1.07	1.1	1.13	1.16	1.31
Other Long-Term Assets	85.97	123.8	12.38	41.02	39.95
Total Assets	2,637	2,798	2,639	2,819	2,230
Accounts Payable	132.87	82.64	183.97	200.63	149.84
Accrued Expenses	28.31	21.82	22.18	34.2	25.9
Short-Term Debt	8.88	-	7.71	5.59	10.43
Current Portion of Leases	0.21	0.31	1.14	0.27	-
Current Income Taxes Payable	7.93	2.93	3.44	9.25	7.39
Current Unearned Revenue	6.78	18.42	13.6	22.83	25.02
Other Current Liabilities	41.46	268.58	54.57	121.28	83.83
Total Current Liabilities	226.44	394.69	286.61	394.05	302.41
Long-Term Leases	0.4	0.76	1.48	0.87	3.32
Long-Term Unearned Revenue	1.56	-	-	-	-
Long-Term Deferred Tax Liabilities	23.11	21.74	20.23	14.32	1.39
Total Liabilities	251.52	417.19	308.32	409.24	307.13
Common Stock	737.27	737.27	737.27	737.27	667.34
Additional Paid-In Capital	1,077	1,103	1,103	1,103	786.68
Retained Earnings	571.49	557.08	495.18	561.24	451.42
Total Common Equity	2,386	2,397	2,335	2,401	1,905
Minority Interest	-	-16.63	-4.98	8.29	17.14
Shareholders' Equity	2,386	2,381	2,330	2,410	1,923
Total Liabilities & Equity	2,637	2,798	2,639	2,819	2,230
Total Debt	9.49	1.07	10.33	6.73	13.75
Net Cash (Debt)	675.91	624.98	515.85	683.87	243.34
Net Cash Growth	8.15%	21.16%	-24.57%	181.04%	-21.67%
Net Cash Per Share	0.92	0.85	0.70	1.01	0.36
Filing Date Shares Outstanding	737.27	737.27	737.27	737.27	667.34
Total Common Shares Outstanding	737.27	737.27	737.27	737.27	667.34
Working Capital	1,346	1,225	1,303	1,404	918.98
Book Value Per Share	3.24	3.25	3.17	3.26	2.86
Tangible Book Value	1,893	1,901	1,838	1,901	1,346
Tangible Book Value Per Share	2.57	2.58	2.49	2.58	2.02
Buildings	303.68	225.94	228.72	228.06	221.52
Machinery	284.76	264.03	242.68	199.16	125.29
Construction In Progress	11.32	43.41	17.7	13.99	22.81

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.