SHE:300154 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	916.11	968.43	906.5	904.92	1,188
Trading Asset Securities	491.55	341.91	357.09	216.63	117.35
Cash & Short-Term Investments	1,408	1,310	1,264	1,122	1,305
Cash Growth	7.43%	3.70%	12.67%	-14.07%	-4.21%
Accounts Receivable	243.88	303.83	240.07	204.85	216.94
Other Receivables	9.02	10.85	9.75	10.05	28.25
Receivables	252.9	314.68	249.81	214.9	245.19
Inventory	280.25	235.61	178.05	200.96	235.76
Prepaid Expenses	-	7.98	1.05	0.09	0.61
Other Current Assets	50.74	21.09	36.36	23.49	33.66
Total Current Assets	1,992	1,890	1,729	1,561	1,820
Property, Plant & Equipment	643.11	221.93	218.34	239.55	210.5
Long-Term Investments	34.71	31.16	30.53	28.92	23.74
Goodwill	7.29	7.29	7.29	7.29	7.29
Other Intangible Assets	83.45	85.95	88.86	91.96	34.14
Long-Term Deferred Tax Assets	14.62	12.17	19.19	21.73	10.14
Long-Term Deferred Charges	5.32	7.32	8.05	3.77	4.02
Other Long-Term Assets	32.4	329.03	332.72	163.04	32.27
Total Assets	2,812	2,585	2,434	2,117	2,143
Accounts Payable	282.09	300.08	234.44	213.01	301.16
Accrued Expenses	15.95	20.47	19.61	23.16	23.51
Short-Term Debt	68.68	26.76	6.39	8.79	10.99
Current Portion of Long-Term Debt	38.48	34.68	12.18	0.05	0.12
Current Portion of Leases	-	25.95	31.7	33.48	24.89
Current Income Taxes Payable	18.85	12.96	8.04	6.75	1.77
Current Unearned Revenue	53.85	14.64	14.44	24.25	36.64
Other Current Liabilities	94.25	41.43	21.07	28.95	23.76
Total Current Liabilities	572.15	476.98	347.85	338.44	422.84
Long-Term Debt	347.76	243.44	273.11	0.08	-
Long-Term Leases	23.81	15.42	34.22	41.9	27.66
Long-Term Unearned Revenue	15.55	11.39	5.7	6.95	11.27
Long-Term Deferred Tax Liabilities	21.84	16.59	12.35	11.96	2.33
Other Long-Term Liabilities	5.35	6.1	5.52	5.29	5.73
Total Liabilities	986.45	769.91	678.76	404.62	469.83
Common Stock	449.56	449.56	454.42	455.3	455.3
Additional Paid-In Capital	716.27	716.27	736.04	739.84	733.25
Retained Earnings	575.25	560.7	500.5	467.74	474.38
Treasury Stock	-	-	-25.17	-32.28	-32.28
Comprehensive Income & Other	44.78	42.25	42.66	28.05	-9.51
Total Common Equity	1,786	1,769	1,708	1,659	1,621
Minority Interest	40.17	45.9	46.64	54	51.54
Shareholders' Equity	1,826	1,815	1,755	1,713	1,673
Total Liabilities & Equity	2,812	2,585	2,434	2,117	2,143
Total Debt	478.73	346.24	357.6	84.3	63.66
Net Cash (Debt)	928.93	964.09	905.99	1,037	1,242
Net Cash Growth	-3.65%	6.41%	-12.65%	-16.46%	-7.29%
Net Cash Per Share	2.05	2.12	1.98	2.36	2.76
Filing Date Shares Outstanding	495.4	449.56	450.52	389.93	431.95
Total Common Shares Outstanding	495.4	449.56	450.52	389.93	431.95
Working Capital	1,419	1,413	1,381	1,223	1,398
Book Value Per Share	3.60	3.93	3.79	4.25	3.75
Tangible Book Value	1,695	1,676	1,612	1,559	1,580
Tangible Book Value Per Share	3.42	3.73	3.58	4.00	3.66
Buildings	-	122.41	122.26	130.24	130.24
Machinery	-	168.75	145.67	124.05	111.04
Construction In Progress	-	20.69	0.45	-	0.25

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