SHE:300351 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	-	512.78	683.22	753.49	733.64
Short-Term Investments	-	-	-	-	40
Trading Asset Securities	-	-	0.71	22.15	29.18
Cash & Short-Term Investments	1,528	512.78	683.93	775.63	802.82
Cash Growth	198.06%	-25.02%	-11.82%	-3.39%	25.75%
Accounts Receivable	-	1,335	1,161	1,072	797.47
Other Receivables	-	8.45	6.35	5.99	6.53
Receivables	-	1,343	1,168	1,078	804
Inventory	-	552.44	452.69	493.77	394.85
Prepaid Expenses	-	-	0.01	0.02	0.33
Other Current Assets	-	31.51	17.18	12.7	12.38
Total Current Assets	-	2,440	2,321	2,360	2,014
Property, Plant & Equipment	-	812.24	552.77	393.16	397.08
Long-Term Investments	-	124.96	121.39	104.15	100.95
Goodwill	-	3.04	3.04	3.04	3.05
Other Intangible Assets	-	123.51	125.24	92.32	78.23
Long-Term Deferred Tax Assets	-	6.13	7.12	11.2	12.95
Long-Term Deferred Charges	-	18.03	8.09	8.9	10.95
Other Long-Term Assets	-	42.26	59.7	66.45	59.81
Total Assets	-	3,570	3,199	3,040	2,677
Accounts Payable	-	852.64	625.84	587.31	383.33
Accrued Expenses	-	95.46	77.07	75.85	60.98
Short-Term Debt	-	0.01	0.9	1.9	3.12
Current Portion of Leases	-	6.2	5.51	7.17	5.78
Current Income Taxes Payable	-	0.61	0.7	3.3	1.9
Current Unearned Revenue	-	18.09	12.37	9.48	9.36
Other Current Liabilities	-	51.6	78.1	41.77	25.4
Total Current Liabilities	-	1,025	800.5	726.79	489.88
Long-Term Leases	-	7.96	5.59	4.21	6.09
Long-Term Unearned Revenue	-	37.5	31.03	33.19	36.79
Total Liabilities	-	1,070	837.11	764.19	532.76
Common Stock	-	387.92	386.79	385.16	383.64
Additional Paid-In Capital	-	1,793	1,760	1,782	1,795
Retained Earnings	-	267.9	180.78	79.72	-74.99
Treasury Stock	-	-4.06	-7.42	-10.56	-
Comprehensive Income & Other	-	-0	-	-	-
Total Common Equity	2,518	2,445	2,320	2,236	2,104
Minority Interest	-	55.55	41.37	39.18	40.94
Shareholders' Equity	2,581	2,500	2,362	2,275	2,145
Total Liabilities & Equity	-	3,570	3,199	3,040	2,677
Total Debt	1,123	14.17	12	13.28	14.98
Net Cash (Debt)	405.44	498.61	671.94	762.35	787.84
Net Cash Growth	-18.68%	-25.80%	-11.86%	-3.23%	24.07%
Net Cash Per Share	1.04	1.29	1.73	1.97	2.06
Filing Date Shares Outstanding	398.96	387.92	386.79	385.16	383.64
Total Common Shares Outstanding	398.96	387.92	386.79	385.16	383.64
Working Capital	-	1,415	1,521	1,634	1,525
Book Value Per Share	6.49	6.30	6.00	5.81	5.48
Tangible Book Value	2,394	2,318	2,192	2,141	2,022
Tangible Book Value Per Share	6.17	5.98	5.67	5.56	5.27
Buildings	-	565.89	363	358.36	358.1
Machinery	-	445.52	380.4	325.99	287.21
Construction In Progress	-	225.37	168.77	16	11.79

Source: S&P Global Market Intelligence. Standard template. Financial Sources.