SHE:300201 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	-	458.46	374.32	144.61	253.99
Trading Asset Securities	-	-	-	0.11	0.14
Cash & Short-Term Investments	330.55	458.46	374.32	144.72	254.14
Cash Growth	-27.90%	22.48%	158.66%	-43.06%	-60.79%
Accounts Receivable	-	948.41	623.46	719.4	741.59
Other Receivables	-	58.27	101.27	56.21	101.08
Receivables	-	1,007	724.74	775.61	842.67
Inventory	-	288.16	242.91	274.64	216.95
Prepaid Expenses	-	0.05	1.5	0.07	0.46
Other Current Assets	-	44.13	34.05	37.69	41.75
Total Current Assets	-	1,797	1,378	1,233	1,356
Property, Plant & Equipment	-	442.75	463.67	482.9	506.87
Long-Term Investments	-	111.32	116.85	132.73	132.42
Goodwill	-	4.11	4.11	4.11	5.26
Other Intangible Assets	-	136.22	138.91	142.56	145.75
Long-Term Accounts Receivable	-	8.34	1.14	1.14	5.13
Long-Term Deferred Tax Assets	-	57.55	50.25	63.97	74.39
Long-Term Deferred Charges	-	0.33	-	0.27	0.31
Other Long-Term Assets	-	22.99	30.39	104.79	103.76
Total Assets	-	2,581	2,183	2,165	2,330
Accounts Payable	-	673.81	604.44	531.69	654.36
Accrued Expenses	-	41.29	14.62	32.5	36.99
Short-Term Debt	-	267.99	158.15	29.3	130.35
Current Portion of Long-Term Debt	-	-	4.55	18.07	21.64
Current Income Taxes Payable	-	18.85	8.9	5.57	12.54
Current Unearned Revenue	-	12.92	11.31	85.95	54.5
Other Current Liabilities	-	20.14	16.22	32.33	37.95
Total Current Liabilities	-	1,035	818.19	735.41	948.34
Long-Term Debt	-	-	29.25	63.75	81.75
Long-Term Unearned Revenue	-	0.82	0.98	1.13	1.77
Long-Term Deferred Tax Liabilities	-	7.66	7.54	2.06	3.6
Other Long-Term Liabilities	-	0.04	1.13	0.45	6.63
Total Liabilities	-	1,044	857.09	802.81	1,042
Common Stock	-	1,009	1,041	1,041	1,041
Additional Paid-In Capital	-	15.36	100.61	94.41	94.41
Retained Earnings	-	563.96	416.68	210.82	138.09
Treasury Stock	-	-67.01	-249.57	-	-
Comprehensive Income & Other	-	15.26	13.81	11.36	9.58
Total Common Equity	1,688	1,537	1,322	1,358	1,283
Minority Interest	-	0.96	3.28	4.88	4.74
Shareholders' Equity	1,691	1,538	1,326	1,362	1,288
Total Liabilities & Equity	-	2,581	2,183	2,165	2,330
Total Debt	131.07	267.99	191.95	111.12	233.74
Net Cash (Debt)	199.47	190.47	182.36	33.6	20.4
Net Cash Growth	4.73%	4.44%	442.80%	64.72%	346.33%
Net Cash Per Share	0.20	0.19	0.18	0.03	0.02
Filing Date Shares Outstanding	994.9	994.9	988.24	1,041	1,041
Total Common Shares Outstanding	994.9	994.9	988.24	1,041	1,041
Working Capital	-	762.49	559.31	497.31	407.62
Book Value Per Share	1.70	1.54	1.34	1.30	1.23
Tangible Book Value	1,551	1,396	1,179	1,211	1,132
Tangible Book Value Per Share	1.56	1.40	1.19	1.16	1.09
Buildings	-	372.01	377.87	382.34	398.76
Machinery	-	171.97	164.06	162.78	156.14
Construction In Progress	-	154.34	153.92	153.16	148.29

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