SHE:300236 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	1,212	709.1	869.88	740.35	1,126
Trading Asset Securities	0.01	-	45.87	400.46	352.31
Cash & Short-Term Investments	1,212	709.1	915.75	1,141	1,478
Cash Growth	70.95%	-22.57%	-19.73%	-22.82%	438.89%
Accounts Receivable	916.09	821.95	734.42	631.46	496.03
Other Receivables	12.13	7.09	9.15	17.24	8.85
Receivables	928.22	829.04	743.57	648.71	504.87
Inventory	401.06	326.46	274.71	299.27	272.96
Other Current Assets	41.13	55.72	43.13	29.12	78.54
Total Current Assets	2,583	1,920	1,977	2,118	2,335
Property, Plant & Equipment	1,091	965.43	912.5	800.88	661.22
Long-Term Investments	2,519	2,393	2,245	2,562	3,495
Other Intangible Assets	352.84	89.29	81.53	84.71	84.11
Long-Term Deferred Tax Assets	24.61	15.44	12.83	11.4	9.88
Long-Term Deferred Charges	5.33	35.75	35.86	26.27	11.62
Other Long-Term Assets	383.79	441.88	324.1	17.01	56.46
Total Assets	6,959	5,861	5,589	5,620	6,653
Accounts Payable	670.65	507.11	420.63	339.13	434.74
Accrued Expenses	109.14	40.99	34.36	27.89	21.79
Short-Term Debt	444.56	156.86	201.17	410.77	422.17
Current Portion of Long-Term Debt	-	53.51	66.23	69.07	2
Current Income Taxes Payable	-	18.43	8.01	36.89	44.19
Current Unearned Revenue	20.74	8.99	12.87	19.36	21.74
Other Current Liabilities	143.52	12.24	4.59	5.67	5.95
Total Current Liabilities	1,389	798.15	747.85	908.77	952.59
Long-Term Debt	74.2	163.21	284.17	204.42	175.67
Long-Term Leases	2.46	5.59	7.94	10.21	12.39
Long-Term Unearned Revenue	33.71	39.94	57.86	71.07	73.6
Long-Term Deferred Tax Liabilities	296.48	284	263.13	271.11	443.52
Total Liabilities	1,795	1,291	1,361	1,466	1,658
Common Stock	313.38	313.38	313.38	313.38	313.38
Additional Paid-In Capital	1,511	1,467	1,466	1,479	1,517
Retained Earnings	1,670	1,200	1,038	917.88	738.97
Treasury Stock	-39.98	-56.61	-118.83	-117.75	-
Comprehensive Income & Other	1,699	1,613	1,490	1,521	2,415
Total Common Equity	5,154	4,537	4,189	4,114	4,985
Minority Interest	9.64	33.09	39.09	41.22	10.43
Shareholders' Equity	5,163	4,570	4,228	4,155	4,995
Total Liabilities & Equity	6,959	5,861	5,589	5,620	6,653
Total Debt	521.22	379.18	559.51	694.46	612.24
Net Cash (Debt)	690.97	329.92	356.24	446.35	865.97
Net Cash Growth	109.44%	-7.39%	-20.19%	-48.46%	-
Net Cash Per Share	2.22	1.06	1.15	1.43	2.81
Filing Date Shares Outstanding	312.26	310.43	309.73	309.26	313.38
Total Common Shares Outstanding	312.26	310.43	309.73	309.91	313.38
Working Capital	1,194	1,122	1,229	1,209	1,382
Book Value Per Share	16.50	14.61	13.52	13.27	15.91
Tangible Book Value	4,801	4,447	4,107	4,029	4,900
Tangible Book Value Per Share	15.37	14.33	13.26	13.00	15.64
Buildings	-	405.3	185.91	190.66	177.88
Machinery	-	782.9	551.6	444.47	363.57
Construction In Progress	-	122.67	449.71	378.63	296.87

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