SHE:300400 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	472.02	384.84	388.41	283.72	319.74
Trading Asset Securities	20	-	-	-	-
Cash & Short-Term Investments	492.02	384.84	388.41	283.72	319.74
Cash Growth	27.85%	-0.92%	36.90%	-11.27%	13.96%
Accounts Receivable	207.11	345.21	326.75	358.46	345.35
Other Receivables	5.1	12.71	2.42	3.56	2.95
Receivables	212.21	357.91	329.18	362.01	348.3
Inventory	188.14	149.75	165.73	264.51	218.06
Other Current Assets	6.35	2.85	5.42	7.66	6.37
Total Current Assets	898.7	895.35	888.74	917.91	892.47
Property, Plant & Equipment	239.87	193.34	208.35	233.43	255.35
Long-Term Investments	3.13	5.69	16.7	5.54	0.18
Goodwill	2.18	2.18	2.18	2.18	2.18
Other Intangible Assets	10.57	11.46	13.53	15.15	16.48
Long-Term Deferred Tax Assets	20.15	19.71	19.7	24.42	20.86
Long-Term Deferred Charges	-	-	1.04	2.48	4.12
Other Long-Term Assets	43.63	34.44	36.07	37.81	40.19
Total Assets	1,218	1,162	1,186	1,239	1,232
Accounts Payable	304.71	242.6	217.03	333	345.47
Accrued Expenses	28.64	31.74	24.48	35.87	31.27
Short-Term Debt	-	-	30.02	-	-
Current Income Taxes Payable	2.59	1.62	0.2	2.13	1.52
Current Unearned Revenue	54.82	46.37	40.55	47.14	44.33
Other Current Liabilities	31.54	21.65	46.61	47.77	28.48
Total Current Liabilities	422.29	343.98	358.9	465.91	451.06
Long-Term Unearned Revenue	15.66	16.36	15.84	14.61	13.42
Other Long-Term Liabilities	-	7.65	6.42	5.75	9.4
Total Liabilities	437.95	367.98	381.16	486.27	473.87
Common Stock	242.63	242.63	242.63	242.63	242.63
Additional Paid-In Capital	61.11	58.78	47.41	33.77	81.96
Retained Earnings	479.67	492.74	532.1	492.67	523.4
Treasury Stock	-	-	-24.55	-28.1	-100.24
Comprehensive Income & Other	-3.12	0.05	0.01	0.01	0.06
Total Common Equity	780.28	794.19	797.6	740.98	747.81
Minority Interest	-	-	7.56	11.66	10.16
Shareholders' Equity	780.28	794.19	805.16	752.64	757.97
Total Liabilities & Equity	1,218	1,162	1,186	1,239	1,232
Total Debt	-	-	30.02	-	-
Net Cash (Debt)	492.02	384.84	358.38	283.72	319.74
Net Cash Growth	27.85%	7.38%	26.32%	-11.27%	22.71%
Net Cash Per Share	2.05	1.57	1.45	1.16	1.32
Filing Date Shares Outstanding	241.79	242.63	262.36	235.86	239.66
Total Common Shares Outstanding	241.79	242.63	262.36	235.86	239.66
Working Capital	476.41	551.37	529.84	451.99	441.41
Book Value Per Share	3.23	3.27	3.04	3.14	3.12
Tangible Book Value	767.53	780.55	781.88	723.65	729.14
Tangible Book Value Per Share	3.17	3.22	2.98	3.07	3.04
Buildings	-	242.21	241.55	240.31	237.97
Machinery	-	116.9	118.65	118.14	116.4

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