SHE:300105 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	905.17	746.96	819.12	1,097	1,211
Cash & Short-Term Investments	905.17	746.96	819.12	1,097	1,211
Cash Growth	21.18%	-8.81%	-25.35%	-9.38%	-1.63%
Accounts Receivable	500.51	801.15	786.17	554.41	516.55
Other Receivables	91.88	56.76	66.45	62.03	6.47
Receivables	592.39	857.91	852.62	616.44	523.02
Inventory	352.69	263.97	241.69	257.2	183.54
Prepaid Expenses	-	-	0.06	-	-
Other Current Assets	89.14	58.4	75.37	176.69	62.15
Total Current Assets	1,939	1,927	1,989	2,148	1,980
Property, Plant & Equipment	302.45	334.64	352.08	150.34	141.45
Long-Term Investments	233.57	258.03	217.16	147.98	78.4
Other Intangible Assets	57.7	59.39	54.39	46.58	47.83
Long-Term Accounts Receivable	-	146.08	216.01	60.63	61.49
Long-Term Deferred Tax Assets	29.41	14.17	25.26	0	-
Long-Term Deferred Charges	2.28	2.94	2.44	3.31	4.67
Other Long-Term Assets	85.56	2.91	22.36	19.31	16.69
Total Assets	2,650	2,745	2,879	2,576	2,330
Accounts Payable	607.56	645.78	689.51	486.26	330.62
Accrued Expenses	10.43	30.93	27.97	51.76	59.34
Current Portion of Long-Term Debt	0.79	-	-	-	-
Current Portion of Leases	-	0.82	0.89	0.22	0.41
Current Income Taxes Payable	7.42	1.06	1.03	1.1	1.05
Current Unearned Revenue	139.9	104.42	173.89	95.98	89.28
Other Current Liabilities	21.17	24.36	37.02	26.41	24.44
Total Current Liabilities	787.27	807.39	930.31	661.74	505.13
Long-Term Leases	-	0.79	1.46	0.17	0.39
Long-Term Unearned Revenue	6.03	5.73	6.58	11.5	11.09
Other Long-Term Liabilities	1.94	2.59	-	-	-
Total Liabilities	795.24	816.49	938.35	673.41	516.61
Common Stock	515.81	515.89	516.1	518.98	522.4
Additional Paid-In Capital	687.13	684.5	684.8	692.72	701.52
Retained Earnings	649.84	738.33	749.89	711.85	623.32
Treasury Stock	-	-9.8	-10.58	-21.16	-33.71
Comprehensive Income & Other	2.34	-	-	-	-
Total Common Equity	1,855	1,929	1,940	1,902	1,814
Shareholders' Equity	1,855	1,929	1,940	1,902	1,814
Total Liabilities & Equity	2,650	2,745	2,879	2,576	2,330
Total Debt	0.79	1.61	2.35	0.39	0.8
Net Cash (Debt)	904.38	745.35	816.77	1,097	1,210
Net Cash Growth	21.34%	-8.74%	-25.54%	-9.35%	-1.70%
Net Cash Per Share	1.77	1.44	1.59	2.14	1.99
Filing Date Shares Outstanding	490.67	515.81	516.1	518.98	522.4
Total Common Shares Outstanding	490.67	515.89	516.1	518.98	522.4
Working Capital	1,152	1,120	1,059	1,486	1,474
Book Value Per Share	3.78	3.74	3.76	3.67	3.47
Tangible Book Value	1,797	1,870	1,886	1,856	1,766
Tangible Book Value Per Share	3.66	3.62	3.65	3.58	3.38
Buildings	-	208.04	209.04	213.74	231.8
Machinery	-	346.89	312.65	116.62	96.79
Construction In Progress	-	-	16.35	1.58	-
Order Backlog	-	1,250	-	-	-

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