SHE:300321 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	150.23	207.54	237.96	141.4	206.04
Trading Asset Securities	60	-	-	40	-
Cash & Short-Term Investments	210.23	207.54	237.96	181.4	206.04
Cash Growth	1.30%	-12.78%	31.18%	-11.96%	8.63%
Accounts Receivable	138.51	94.7	71.86	83.29	72.42
Other Receivables	1.45	1.76	2.44	0.72	0.63
Receivables	139.95	96.47	74.3	84.01	73.05
Inventory	119.55	130.52	118.58	132.76	119.29
Prepaid Expenses	-	-	0.48	-	-
Other Current Assets	11.08	6.94	5.87	21.1	39.87
Total Current Assets	480.82	441.47	437.2	419.27	438.25
Property, Plant & Equipment	133.78	144.64	161.98	191.32	217.04
Other Intangible Assets	86.72	90.87	66.85	69.15	70.22
Long-Term Deferred Tax Assets	3.24	3.32	2.16	2.52	2.73
Long-Term Deferred Charges	0.33	0.38	-	-	-
Other Long-Term Assets	0.84	2.69	0.33	5.78	6.91
Total Assets	705.73	683.38	668.51	688.04	735.15
Accounts Payable	29.94	37.48	29.84	33.36	84.73
Accrued Expenses	8.96	11.15	8.05	7.61	7.85
Short-Term Debt	-	-	-	0.11	-
Current Income Taxes Payable	0.88	-	0	-	-
Current Unearned Revenue	3.7	2	4.55	6.39	9.61
Other Current Liabilities	27.65	4.49	4.58	5.68	4.28
Total Current Liabilities	71.12	55.11	47.01	53.15	106.47
Long-Term Unearned Revenue	0.63	1.69	3.32	5.68	8.04
Long-Term Deferred Tax Liabilities	0.03	0.03	0.03	0.04	-
Total Liabilities	71.78	56.83	50.37	58.86	114.51
Common Stock	88.8	88.8	88.8	88.8	88.8
Additional Paid-In Capital	238.06	238.06	238.06	238.06	238.06
Retained Earnings	307.09	299.68	291.28	302.31	293.77
Shareholders' Equity	633.95	626.55	618.15	629.18	620.63
Total Liabilities & Equity	705.73	683.38	668.51	688.04	735.15
Total Debt	-	-	-	0.11	-
Net Cash (Debt)	210.23	207.54	237.96	181.28	206.04
Net Cash Growth	1.30%	-12.78%	31.26%	-12.01%	8.63%
Net Cash Per Share	2.37	2.34	2.68	2.04	2.32
Filing Date Shares Outstanding	88.71	88.8	88.8	88.8	88.8
Total Common Shares Outstanding	88.71	88.8	88.8	88.8	88.8
Working Capital	409.7	386.36	390.18	366.12	331.77
Book Value Per Share	7.15	7.06	6.96	7.09	6.99
Tangible Book Value	547.23	535.67	551.29	560.02	550.41
Tangible Book Value Per Share	6.17	6.03	6.21	6.31	6.20
Buildings	-	146.62	146.17	147.81	145.79
Machinery	-	364.09	377.47	384.2	388.27
Construction In Progress	-	2.94	-	1.8	2.1

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