SHE:300188 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	1,442	1,274	1,333	1,431	922.98
Cash & Short-Term Investments	1,442	1,274	1,333	1,431	922.98
Cash Growth	13.18%	-4.46%	-6.82%	55.04%	-24.89%
Accounts Receivable	1,022	1,527	1,650	1,712	1,234
Other Receivables	68.1	-	-	-	100.91
Receivables	1,090	1,534	1,659	1,718	1,335
Inventory	262.51	394.03	619.47	610.28	606.02
Prepaid Expenses	-	0.76	3.63	0.87	1.85
Other Current Assets	169.32	77.68	96.91	135.48	130.81
Total Current Assets	2,963	3,281	3,712	3,896	2,996
Property, Plant & Equipment	606.45	670.07	510.9	530.16	579.8
Long-Term Investments	348.63	367.11	328.46	347.75	344.54
Goodwill	89.01	271.11	434.78	542.2	542.2
Other Intangible Assets	166.67	274.55	265.78	262.32	179.16
Long-Term Accounts Receivable	-	96.39	117.01	66.72	29.35
Long-Term Deferred Tax Assets	130.03	207.47	179.86	109.91	68.44
Long-Term Deferred Charges	103.63	59.52	130.72	145.99	154.59
Other Long-Term Assets	123.27	51.29	-	-	0.94
Total Assets	4,531	5,278	5,679	5,901	4,895
Accounts Payable	657.19	643.74	692.08	613.86	430.2
Accrued Expenses	97.44	72.99	99.65	109.71	245.55
Short-Term Debt	107.59	40.02	100.86	336.57	55.46
Current Portion of Long-Term Debt	15.39	-	-	-	2.62
Current Portion of Leases	-	26.99	20.84	16.85	22.64
Current Income Taxes Payable	25.52	4.66	3.41	15.25	20.61
Current Unearned Revenue	317.38	354.84	429.12	311.77	314.93
Other Current Liabilities	46.31	35.28	26.73	21.46	52.72
Total Current Liabilities	1,267	1,179	1,373	1,425	1,145
Long-Term Debt	63.14	49.43	49.83	-	17.99
Long-Term Leases	301.01	328.85	103.38	92.7	96.84
Long-Term Unearned Revenue	39.18	52.28	50.43	51.59	59.28
Long-Term Deferred Tax Liabilities	39.01	63.27	38.56	23.34	12.37
Other Long-Term Liabilities	2.25	-	-	-	-
Total Liabilities	1,711	1,672	1,615	1,593	1,331
Common Stock	859.48	859.48	859.48	859.48	807.09
Additional Paid-In Capital	1,325	1,334	1,334	1,337	745.4
Retained Earnings	458.73	1,241	1,657	1,901	1,850
Treasury Stock	-50	-	-	-	-29.46
Comprehensive Income & Other	64.67	74.02	108.66	108.19	106.19
Total Common Equity	2,657	3,508	3,959	4,206	3,479
Minority Interest	162.15	97.72	105.17	102.08	85.06
Shareholders' Equity	2,820	3,606	4,065	4,308	3,564
Total Liabilities & Equity	4,531	5,278	5,679	5,901	4,895
Total Debt	487.13	445.29	274.92	446.12	195.56
Net Cash (Debt)	954.7	828.65	1,058	984.87	727.42
Net Cash Growth	15.21%	-21.71%	7.47%	35.39%	-39.62%
Net Cash Per Share	1.11	0.96	1.24	1.20	0.91
Filing Date Shares Outstanding	862.86	859.48	859.48	859.48	807.12
Total Common Shares Outstanding	862.86	859.48	859.48	859.48	807.09
Working Capital	1,697	2,102	2,339	2,471	1,852
Book Value Per Share	3.08	4.08	4.61	4.89	4.31
Tangible Book Value	2,402	2,962	3,259	3,401	2,758
Tangible Book Value Per Share	2.78	3.45	3.79	3.96	3.42
Buildings	-	447.38	509.48	508.88	505.34
Machinery	-	269.45	263.22	247.9	235.38
Construction In Progress	-	22.42	-	1.13	2.11

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