SHE:300196 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	1,489	1,377	1,388	1,052	750.8
Trading Asset Securities	60.46	23.09	286.38	138.16	247.05
Cash & Short-Term Investments	1,549	1,400	1,675	1,190	997.85
Cash Growth	10.64%	-16.39%	40.72%	19.27%	-26.34%
Accounts Receivable	1,215	971.34	731.99	943.64	755.88
Other Receivables	8.01	9.4	9.39	10.71	2.75
Receivables	1,223	980.74	741.38	954.36	758.63
Inventory	314.99	269.87	262.09	246.64	220.11
Other Current Assets	55.7	78.73	131.79	124.5	47.88
Total Current Assets	3,143	2,730	2,810	2,516	2,024
Property, Plant & Equipment	3,753	3,865	3,023	2,588	2,348
Long-Term Investments	43.54	38.82	5	-	-
Other Intangible Assets	387.91	399.66	410.59	308.78	154.94
Long-Term Deferred Tax Assets	15.34	22.54	24.57	21.58	14.98
Long-Term Deferred Charges	55.58	55.74	20.35	28.84	17.1
Other Long-Term Assets	8.39	9.3	20.09	106.7	137.32
Total Assets	7,407	7,120	6,314	5,569	4,697
Accounts Payable	759.79	975.53	484.49	470.57	561.41
Accrued Expenses	81.41	64.41	61.79	65.19	55.38
Short-Term Debt	385.21	20	37.12	0.1	0.1
Current Portion of Long-Term Debt	914.93	192.64	168.12	-	-
Current Portion of Leases	-	-	-	1.26	-
Current Income Taxes Payable	5.94	9.41	0	1.62	17.9
Current Unearned Revenue	19.7	16.41	19.73	20.57	22.93
Other Current Liabilities	13.18	39.75	42.37	52.42	48.84
Total Current Liabilities	2,180	1,318	813.62	611.74	706.55
Long-Term Debt	116.93	896.37	872.31	643.73	464.01
Long-Term Leases	-	-	-	1.31	-
Long-Term Unearned Revenue	272.04	244.52	114.77	45.37	35.91
Long-Term Deferred Tax Liabilities	25.85	32.84	54.14	21.42	-
Other Long-Term Liabilities	5.11	5.25	-	-	-
Total Liabilities	2,600	2,497	1,855	1,324	1,206
Common Stock	408.72	408.72	408.72	408.72	408.71
Additional Paid-In Capital	805.89	805.88	805.87	805.87	805.85
Retained Earnings	3,569	3,364	3,151	2,936	2,180
Treasury Stock	-53	-48.38	-	-	-
Comprehensive Income & Other	83.41	99.4	99.4	99.4	99.52
Total Common Equity	4,814	4,630	4,465	4,250	3,494
Minority Interest	-7.38	-6.52	-5.6	-4.7	-3.83
Shareholders' Equity	4,807	4,623	4,459	4,246	3,490
Total Liabilities & Equity	7,407	7,120	6,314	5,569	4,697
Total Debt	1,417	1,109	1,078	646.4	464.11
Net Cash (Debt)	132.13	291.2	597.22	543.77	533.74
Net Cash Growth	-54.63%	-51.24%	9.83%	1.88%	-39.64%
Net Cash Per Share	0.32	0.71	1.43	1.26	1.20
Filing Date Shares Outstanding	403.53	403.53	408.72	408.72	408.71
Total Common Shares Outstanding	403.53	403.98	408.72	408.72	408.71
Working Capital	962.87	1,411	1,996	1,904	1,318
Book Value Per Share	11.93	11.46	10.92	10.40	8.55
Tangible Book Value	4,427	4,230	4,054	3,941	3,339
Tangible Book Value Per Share	10.97	10.47	9.92	9.64	8.17
Buildings	1,198	1,139	722.81	700.97	660.54
Machinery	2,643	2,539	1,729	1,768	1,599
Construction In Progress	71.27	118.56	474.29	36.78	68.44

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