SHE:300306 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	Dec '21 Dec 31, 2021
Cash & Equivalents	233.32	228.69	374.24	343.02	350.34
Short-Term Investments	51.03	-	-	-	-
Trading Asset Securities	608.05	708.42	588.72	503.15	492.21
Cash & Short-Term Investments	892.4	937.11	962.97	846.17	842.56
Cash Growth	-4.77%	-2.69%	13.80%	0.43%	4.97%
Accounts Receivable	24.92	23.43	29.6	31.75	34.77
Other Receivables	0.78	0.78	1.36	1.41	6.03
Receivables	25.7	24.22	30.95	33.16	40.8
Inventory	123.74	143.92	167.34	215.03	189.25
Other Current Assets	23.32	24.49	24.26	27.49	34.73
Total Current Assets	1,065	1,130	1,186	1,122	1,107
Property, Plant & Equipment	183.77	199.05	192.72	210.69	219.02
Long-Term Investments	45.42	47.38	49.87	80.06	79.6
Other Intangible Assets	34.75	37.99	41.34	44.56	47.81
Long-Term Deferred Tax Assets	10.16	8.39	8.54	8.78	13.98
Long-Term Deferred Charges	17.75	23.03	25.97	19.87	15.87
Other Long-Term Assets	271.91	249.46	203.61	208.8	215.56
Total Assets	1,629	1,695	1,708	1,695	1,699
Accounts Payable	9.88	12.39	10.46	10.35	20.09
Accrued Expenses	22.63	24.23	25.23	30.62	29.9
Current Portion of Leases	-	0.29	0.44	0.43	0.35
Current Income Taxes Payable	0.79	1.16	0.45	15.78	12.57
Current Unearned Revenue	60.56	77.26	102.87	90.41	95.56
Other Current Liabilities	17.41	23.07	28.6	26.29	29.83
Total Current Liabilities	111.27	138.41	168.05	173.88	188.3
Long-Term Leases	-	-	0.34	0.78	1.16
Long-Term Unearned Revenue	1.16	2.18	2.83	5.27	3.2
Long-Term Deferred Tax Liabilities	0.01	0.04	0.04	1.13	3
Total Liabilities	112.44	140.62	171.25	181.06	195.65
Common Stock	268.96	268.96	268.96	268.96	268.96
Additional Paid-In Capital	967.4	968.65	968.37	969.21	963.21
Retained Earnings	260.09	304.79	293.12	271.84	272.28
Comprehensive Income & Other	-8.07	-7.62	-8.61	-5.76	-7.32
Total Common Equity	1,488	1,535	1,522	1,504	1,497
Minority Interest	28.11	19.65	14.48	9.29	6.4
Shareholders' Equity	1,516	1,554	1,536	1,514	1,504
Total Liabilities & Equity	1,629	1,695	1,708	1,695	1,699
Total Debt	-	0.29	0.77	1.22	1.5
Net Cash (Debt)	892.4	936.82	962.19	844.95	841.05
Net Cash Growth	-4.74%	-2.64%	13.88%	0.46%	4.78%
Net Cash Per Share	3.37	3.45	3.61	3.17	3.11
Filing Date Shares Outstanding	268.96	268.96	268.96	268.96	268.96
Total Common Shares Outstanding	268.96	268.96	268.96	268.96	268.96
Working Capital	953.89	991.34	1,017	947.97	919.04
Book Value Per Share	5.53	5.71	5.66	5.59	5.57
Tangible Book Value	1,454	1,497	1,481	1,460	1,449
Tangible Book Value Per Share	5.40	5.57	5.50	5.43	5.39
Buildings	197.51	198.4	177.8	177.56	176.91
Machinery	130.27	144.43	140.62	134.26	134.29
Construction In Progress	0.77	0.67	1.46	10.7	6.05

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