SHE:300233 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	826.03	917.91	1,025	859.13	981.18
Trading Asset Securities	70	-	-	-	-
Cash & Short-Term Investments	896.03	917.91	1,025	859.13	981.18
Cash Growth	-2.38%	-10.42%	19.27%	-12.44%	-8.75%
Accounts Receivable	691.8	696.8	794.56	803.39	684
Other Receivables	3.23	6.29	7.81	4.62	5.08
Receivables	695.03	703.09	802.37	808.01	689.08
Inventory	464.61	598.86	501.28	579.22	391.32
Prepaid Expenses	-	-	0.2	0.55	0.01
Other Current Assets	30.16	38.42	40.77	61.24	77.68
Total Current Assets	2,086	2,258	2,369	2,308	2,139
Property, Plant & Equipment	2,148	2,310	2,468	2,469	2,093
Long-Term Investments	181.84	183.28	147.52	141.22	143.31
Other Intangible Assets	545.61	513.51	547.29	452.2	449.75
Long-Term Deferred Tax Assets	47.6	63.94	69.77	51.96	30.71
Long-Term Deferred Charges	147.98	252.96	310.89	369.59	329.72
Other Long-Term Assets	33.93	23.5	3.51	34.42	89.77
Total Assets	5,191	5,605	5,916	5,826	5,275
Accounts Payable	498.19	552.56	824	726.05	515.31
Accrued Expenses	295.44	355.9	402.32	394.98	362.19
Short-Term Debt	120.08	55.04	94	212.89	223
Current Portion of Long-Term Debt	168.67	101.52	109.24	163.2	155.45
Current Portion of Leases	1.77	0.13	0.72	1.11	2.37
Current Income Taxes Payable	12.41	21.53	24.85	18.84	18.72
Current Unearned Revenue	40.78	50.94	32.74	44.67	54.47
Other Current Liabilities	84.76	93.35	112.47	139.2	84.94
Total Current Liabilities	1,222	1,231	1,600	1,701	1,416
Long-Term Debt	85.52	351.99	346.7	271.69	208.29
Long-Term Leases	3.4	6.88	3.46	2.02	63.52
Long-Term Unearned Revenue	45.24	53.88	61.6	66	54.81
Long-Term Deferred Tax Liabilities	110.68	129.1	122.94	126.21	92.66
Total Liabilities	1,467	1,773	2,135	2,167	1,836
Common Stock	383.87	383.87	383.87	387.41	387.41
Additional Paid-In Capital	-	-	2,328	2,397	2,404
Retained Earnings	943.38	1,051	967.95	850.41	653.34
Treasury Stock	-55.01	-55.01	-	-56.94	-80.01
Comprehensive Income & Other	2,391	2,387	34.62	29.33	29.44
Total Common Equity	3,663	3,767	3,714	3,607	3,394
Minority Interest	60.58	65.17	66.93	51.87	44.96
Shareholders' Equity	3,724	3,832	3,781	3,659	3,439
Total Liabilities & Equity	5,191	5,605	5,916	5,826	5,275
Total Debt	379.44	515.56	554.12	650.91	652.62
Net Cash (Debt)	516.59	402.35	470.54	208.22	328.55
Net Cash Growth	28.39%	-14.49%	125.98%	-36.62%	-50.66%
Net Cash Per Share	1.40	1.06	1.21	0.54	0.85
Filing Date Shares Outstanding	379.33	379.33	383.87	383.1	383.87
Total Common Shares Outstanding	379.33	379.33	383.87	383.1	383.87
Working Capital	863.75	1,027	768.95	607.21	722.83
Book Value Per Share	9.66	9.93	9.68	9.42	8.84
Tangible Book Value	3,118	3,253	3,167	3,155	2,945
Tangible Book Value Per Share	8.22	8.58	8.25	8.24	7.67
Buildings	1,539	1,424	1,406	1,356	1,021
Machinery	2,441	2,414	2,289	2,152	1,671
Construction In Progress	3.36	73.33	148.97	121.31	332.32

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