SHE:300365 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	557.66	599.85	751.66	393.41	592.43
Trading Asset Securities	10.27	40.12	100.56	-	5.1
Cash & Short-Term Investments	567.93	639.97	852.21	393.41	597.53
Cash Growth	-11.26%	-24.91%	116.62%	-34.16%	-25.69%
Accounts Receivable	829.73	966.28	988.18	1,307	1,589
Other Receivables	9.6	2.1	2.44	56.75	125.74
Receivables	839.33	968.38	990.62	1,364	1,715
Inventory	260.32	284.04	266.4	277.5	261.1
Other Current Assets	3.86	63.47	44.13	6.02	8.89
Total Current Assets	1,671	1,956	2,153	2,041	2,582
Property, Plant & Equipment	52.69	64.18	52.9	68.29	76.53
Long-Term Investments	178.8	205.38	193.19	194.57	199.69
Goodwill	17.76	17.76	17.76	17.76	17.76
Other Intangible Assets	7.16	10.3	19.64	18.25	8.65
Long-Term Deferred Tax Assets	78.59	61.87	74.49	61.91	26.77
Long-Term Deferred Charges	1.83	1.15	0.62	0.86	1.15
Total Assets	2,008	2,317	2,512	2,402	2,913
Accounts Payable	189.5	174.85	80.47	79.74	143.53
Accrued Expenses	14.26	46.79	135.12	136.96	131.89
Short-Term Debt	-	1.39	113.28	38.05	310.67
Current Portion of Long-Term Debt	5.4	-	-	-	-
Current Portion of Leases	-	8.02	4.86	10.75	9.41
Current Income Taxes Payable	2.44	0.13	0.72	1.22	4.73
Current Unearned Revenue	80.09	134.06	77.57	80.67	19.55
Other Current Liabilities	76.19	73.94	27.21	16.52	19.46
Total Current Liabilities	367.88	439.18	439.24	363.9	639.24
Long-Term Leases	8.23	14.14	2.33	7.08	11.01
Long-Term Deferred Tax Liabilities	6.59	5.87	1.37	2.8	-
Total Liabilities	382.7	459.19	442.93	373.78	650.26
Common Stock	599.86	599.86	599.86	599.86	599.86
Additional Paid-In Capital	478.75	478.75	446.45	431.06	426.95
Retained Earnings	549.09	777.55	944.29	926.43	1,158
Treasury Stock	-	-	-4.17	-7.29	-8.28
Comprehensive Income & Other	-2.65	0.87	-19.4	-18.81	-10.18
Total Common Equity	1,625	1,857	1,967	1,931	2,166
Minority Interest	0.51	0.27	102.01	97.46	96.53
Shareholders' Equity	1,626	1,857	2,069	2,029	2,263
Total Liabilities & Equity	2,008	2,317	2,512	2,402	2,913
Total Debt	13.63	23.55	120.47	55.88	331.1
Net Cash (Debt)	554.3	616.41	731.74	337.53	266.44
Net Cash Growth	-10.08%	-15.76%	116.79%	26.68%	-57.15%
Net Cash Per Share	0.92	1.02	1.23	0.57	0.46
Filing Date Shares Outstanding	610.07	599.86	595.71	591.57	599.86
Total Common Shares Outstanding	610.07	599.86	595.71	591.57	599.86
Working Capital	1,304	1,517	1,714	1,677	1,943
Book Value Per Share	2.66	3.10	3.30	3.26	3.61
Tangible Book Value	1,600	1,829	1,930	1,895	2,140
Tangible Book Value Per Share	2.62	3.05	3.24	3.20	3.57
Buildings	-	49.47	49.47	49.47	49.47
Machinery	-	60.92	62.32	62.02	63.93

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