SHE:300161 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	426.25	624.43	693.19	548.92	854.7
Trading Asset Securities	-	-	7.27	8.11	5.04
Cash & Short-Term Investments	426.25	624.43	700.47	557.02	859.73
Cash Growth	-31.74%	-10.86%	25.75%	-35.21%	41.71%
Accounts Receivable	906.11	695	1,195	987.15	763.81
Other Receivables	57.75	165.34	64.43	64.89	63.1
Receivables	963.86	860.34	1,259	1,052	826.91
Inventory	1,010	1,156	900.78	975.74	883.02
Other Current Assets	153.61	177.58	157.27	145.84	108.54
Total Current Assets	2,554	2,819	3,018	2,731	2,678
Property, Plant & Equipment	1,177	1,155	743.77	445.5	377.95
Long-Term Investments	64.24	78.5	44.72	41.53	29.22
Goodwill	0.52	0.52	27.36	26.83	26.35
Other Intangible Assets	453.96	460.4	370.23	275.85	141.17
Long-Term Deferred Tax Assets	76.37	83.84	80.04	77.42	56.81
Long-Term Deferred Charges	160.21	99.32	129.02	137.4	76.56
Other Long-Term Assets	130.69	25.72	7.88	14.15	12.42
Total Assets	4,617	4,722	4,421	3,749	3,399
Accounts Payable	694.56	702.31	801.53	629.09	488.46
Accrued Expenses	34.26	41.81	47.23	54.45	48.63
Short-Term Debt	184.8	482.4	560.18	604.63	425.79
Current Portion of Long-Term Debt	301.95	89.72	78.4	50.09	91.93
Current Portion of Leases	-	8.37	17.87	16.82	15.01
Current Income Taxes Payable	31.65	12.17	11.36	15.5	2.72
Current Unearned Revenue	168.75	159.43	191.49	195.39	166.1
Other Current Liabilities	190.01	193.82	96.79	91.49	74.24
Total Current Liabilities	1,606	1,690	1,805	1,657	1,313
Long-Term Debt	780.69	900.11	447.19	51.28	50
Long-Term Leases	20.77	24.78	52.37	60.14	59.37
Long-Term Unearned Revenue	390.25	323.19	224.01	104.18	145.31
Long-Term Deferred Tax Liabilities	7.81	8.44	16.24	18.61	6.37
Other Long-Term Liabilities	20.28	-	-	-	-
Total Liabilities	2,826	2,947	2,545	1,892	1,574
Common Stock	198.7	198.7	198.7	198.7	198.7
Additional Paid-In Capital	1,136	1,134	1,136	1,146	1,146
Retained Earnings	281.31	266.98	326.31	303.19	289.01
Comprehensive Income & Other	0.81	-0.9	-0.39	0.02	-
Total Common Equity	1,617	1,598	1,661	1,648	1,633
Minority Interest	174.34	177.07	215.32	210.15	191.41
Shareholders' Equity	1,791	1,775	1,876	1,858	1,825
Total Liabilities & Equity	4,617	4,722	4,421	3,749	3,399
Total Debt	1,288	1,505	1,156	782.95	642.09
Net Cash (Debt)	-861.96	-880.96	-455.55	-225.93	217.64
Net Cash Per Share	-4.34	-4.43	-2.29	-1.14	1.16
Filing Date Shares Outstanding	198.96	198.7	198.7	198.7	198.7
Total Common Shares Outstanding	198.96	198.7	198.7	198.7	198.7
Working Capital	948.05	1,129	1,213	1,073	1,365
Book Value Per Share	8.13	8.04	8.36	8.29	8.22
Tangible Book Value	1,162	1,137	1,263	1,345	1,466
Tangible Book Value Per Share	5.84	5.72	6.36	6.77	7.38
Buildings	-	604.55	210.63	201.75	201.39
Machinery	-	659.11	607.21	427.9	372.92
Construction In Progress	-	284.9	236.28	85.47	35.55
Order Backlog	-	660.03	-	-	-

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