SHE:300342 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	212.87	324.07	253.94	159.18	198.03
Trading Asset Securities	60.41	-	-	-	-
Cash & Short-Term Investments	273.28	324.07	253.94	159.18	198.03
Cash Growth	-15.67%	27.62%	59.52%	-19.62%	-12.40%
Accounts Receivable	622.42	721.97	743.59	643.84	704.2
Other Receivables	4.58	0.02	0.68	0.2	7.05
Receivables	627	721.99	744.27	644.04	711.25
Inventory	532.23	440.99	413.52	537.08	539.81
Other Current Assets	24.67	28.05	20.66	29.2	13.97
Total Current Assets	1,457	1,515	1,432	1,370	1,463
Property, Plant & Equipment	337.95	367.7	357.33	381.35	398.67
Long-Term Investments	5.41	5.26	25.47	51.64	52.18
Goodwill	210.7	217.25	217.25	217.25	230
Other Intangible Assets	39.29	60.74	61.05	69.63	92.73
Long-Term Deferred Tax Assets	34.88	31.22	27.3	22.64	19.08
Long-Term Deferred Charges	3.98	3.77	2.01	1.9	3.15
Other Long-Term Assets	51.17	27.98	39.76	46.77	5.27
Total Assets	2,141	2,229	2,163	2,161	2,264
Accounts Payable	349.3	424.37	357.72	351.83	409.03
Accrued Expenses	35.25	49.19	45.05	40.14	39.73
Short-Term Debt	15.01	22.37	50.35	106.35	136
Current Portion of Long-Term Debt	6.91	-	-	-	-
Current Portion of Leases	-	6.05	4.62	3.25	2.35
Current Income Taxes Payable	8.55	2.36	2.94	0.04	4.92
Current Unearned Revenue	97	81.18	105.96	107.33	75.21
Other Current Liabilities	27.14	31.79	46.13	31.55	33.17
Total Current Liabilities	539.16	617.31	612.77	640.49	700.41
Long-Term Leases	17.88	15.9	3.97	8.69	2.67
Long-Term Unearned Revenue	7.1	8.04	8.99	9.93	10.88
Long-Term Deferred Tax Liabilities	4.83	4.06	2.27	0.7	0.48
Total Liabilities	568.97	645.32	627.99	659.81	714.43
Common Stock	425.04	425.04	425.04	425.04	425.04
Additional Paid-In Capital	343.83	343.75	343.75	343.75	353.63
Retained Earnings	787.62	802.46	754.56	721.78	754.78
Comprehensive Income & Other	-	-	-	-	1.56
Total Common Equity	1,556	1,571	1,523	1,491	1,535
Minority Interest	15.11	12.46	11.21	10.32	14.69
Shareholders' Equity	1,572	1,584	1,535	1,501	1,550
Total Liabilities & Equity	2,141	2,229	2,163	2,161	2,264
Total Debt	39.8	44.32	58.93	118.29	141.01
Net Cash (Debt)	233.48	279.74	195	40.89	57.02
Net Cash Growth	-16.54%	43.45%	376.86%	-28.28%	-68.06%
Net Cash Per Share	0.55	0.66	0.46	0.10	0.13
Filing Date Shares Outstanding	424.7	425.04	425.04	425.04	425.04
Total Common Shares Outstanding	424.7	425.04	425.04	425.04	425.04
Working Capital	918.02	897.78	819.61	729.02	762.64
Book Value Per Share	3.66	3.70	3.58	3.51	3.61
Tangible Book Value	1,306	1,293	1,245	1,204	1,212
Tangible Book Value Per Share	3.08	3.04	2.93	2.83	2.85
Buildings	-	277.78	258.33	256.61	287.22
Machinery	-	410.53	386.57	367.24	346.22
Construction In Progress	-	-	3.14	6.63	0.03

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