SHE:300446 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	-	2,638	3,014	656.66	40.11
Short-Term Investments	-	2.51	6.76	6.18	-
Trading Asset Securities	-	-	-	119.46	149.14
Cash & Short-Term Investments	2,718	2,641	3,021	782.29	189.24
Cash Growth	2.93%	-12.57%	286.14%	313.39%	-46.73%
Accounts Receivable	-	2,417	2,522	2,133	29.64
Other Receivables	-	70.87	55.49	28.91	0.99
Receivables	-	2,488	2,577	2,242	116.24
Inventory	-	1,765	1,269	743.19	50.22
Prepaid Expenses	-	-	-	0	-
Other Current Assets	-	139.19	85.88	119.76	15.89
Total Current Assets	-	7,034	6,953	3,888	371.59
Property, Plant & Equipment	-	2,392	2,125	2,063	382.53
Long-Term Investments	-	93.64	83.48	84.32	-
Goodwill	-	7.5	7.5	7.5	-
Other Intangible Assets	-	263.26	220.7	227.42	56.53
Long-Term Deferred Tax Assets	-	56.42	73.52	54.47	1.36
Long-Term Deferred Charges	-	7.05	7.61	5.7	0.01
Other Long-Term Assets	-	244.38	229.67	225.53	15
Total Assets	-	10,098	9,700	6,555	827.03
Accounts Payable	-	3,716	3,366	2,506	52.8
Accrued Expenses	-	211.6	184.7	183.04	4.83
Short-Term Debt	-	-	835.71	831.06	-
Current Portion of Long-Term Debt	-	0.08	0.08	340.47	0.05
Current Portion of Leases	-	30.75	35.95	23.46	-
Current Income Taxes Payable	-	37.98	21.8	29.03	0.58
Current Unearned Revenue	-	53.26	47.48	52.18	0.72
Other Current Liabilities	-	125.05	60.56	122.65	3.26
Total Current Liabilities	-	4,175	4,552	4,088	62.24
Long-Term Debt	-	60	60	20	60
Long-Term Leases	-	74.4	73.94	63.54	-
Long-Term Unearned Revenue	-	104.94	102.99	109.25	24.69
Long-Term Deferred Tax Liabilities	-	16.46	39.18	17.06	0.25
Other Long-Term Liabilities	-	101.33	77.26	62.63	1.65
Total Liabilities	-	4,532	4,905	4,361	148.83
Common Stock	-	845.41	845.41	202.62	202.62
Additional Paid-In Capital	-	2,065	2,065	306.51	0.55
Retained Earnings	-	2,309	1,602	1,178	444.82
Comprehensive Income & Other	-	24.26	18.48	18.7	-
Total Common Equity	5,667	5,244	4,531	1,706	647.99
Minority Interest	-	321.9	264.48	488.3	30.2
Shareholders' Equity	6,039	5,566	4,795	2,195	678.2
Total Liabilities & Equity	-	10,098	9,700	6,555	827.03
Total Debt	156.49	165.23	1,006	1,279	60.05
Net Cash (Debt)	2,562	2,476	2,015	-496.23	129.19
Net Cash Growth	3.47%	22.86%	-	-	-59.02%
Net Cash Per Share	3.03	2.93	2.96	-0.75	0.64
Filing Date Shares Outstanding	845.41	845.41	845.41	202.62	202.62
Total Common Shares Outstanding	845.41	845.41	845.41	202.62	202.62
Working Capital	-	2,859	2,401	-200.63	309.35
Book Value Per Share	6.70	6.20	5.36	8.42	3.20
Tangible Book Value	5,402	4,973	4,302	1,471	591.46
Tangible Book Value Per Share	6.39	5.88	5.09	7.26	2.92
Buildings	-	1,114	1,100	964.54	159.95
Machinery	-	4,173	3,662	3,362	187.58
Construction In Progress	-	357.89	237.8	395.24	181.92

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