SHE:300481 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	1,071	1,013	647.33	289.24	243.85
Short-Term Investments	-	116.33	393.81	824.86	425.59
Trading Asset Securities	-	-	181.02	131.25	229.8
Cash & Short-Term Investments	1,071	1,129	1,222	1,245	899.24
Cash Growth	-5.14%	-7.63%	-1.86%	38.49%	290.75%
Accounts Receivable	414.2	428.04	430.01	510.22	419.51
Other Receivables	10.54	7.47	8.33	2.71	2.23
Receivables	424.74	435.51	438.34	512.93	421.74
Inventory	192.14	149.62	175.56	221.54	134.93
Other Current Assets	113.65	65.14	56.97	38.04	38.78
Total Current Assets	1,801	1,779	1,893	2,018	1,495
Property, Plant & Equipment	817.75	843.96	733.2	559.9	435.57
Long-Term Investments	130.24	-	-	-	-
Goodwill	0.91	1.23	1.55	1.91	2.28
Other Intangible Assets	162.04	167.92	172.86	178.55	148.28
Long-Term Deferred Tax Assets	12.54	7.7	7.82	6.53	5.75
Long-Term Deferred Charges	2.22	2.16	2.56	3.15	4.8
Other Long-Term Assets	18.42	11.02	10.69	36.66	23.85
Total Assets	2,945	2,813	2,822	2,805	2,115
Accounts Payable	388.48	144.63	84.47	105.49	29.02
Accrued Expenses	18.83	22.27	20.87	27.85	19.37
Short-Term Debt	50.03	100.07	70.06	150.14	-
Current Portion of Long-Term Debt	3.01	101.07	4.12	4.09	-
Current Portion of Leases	-	-	0.45	0.01	0.43
Current Income Taxes Payable	4.77	4.84	5.18	14.04	6.27
Current Unearned Revenue	5.97	6.38	6.65	13.26	10.67
Other Current Liabilities	3.43	1.87	10.47	21.51	30.19
Total Current Liabilities	474.53	381.13	202.27	336.39	95.96
Long-Term Debt	15	-	151	125	-
Long-Term Leases	1.03	-	-	0.01	-
Long-Term Unearned Revenue	17.98	9.89	12.67	14.05	14.28
Long-Term Deferred Tax Liabilities	13.24	10.53	9.89	9.27	10.23
Total Liabilities	521.78	401.55	375.84	484.72	120.47
Common Stock	291.86	295.7	296.36	296.38	296.19
Additional Paid-In Capital	938.16	986.09	993.54	994.57	981.5
Retained Earnings	1,192	1,177	1,161	1,044	740.34
Treasury Stock	-	-50.91	-8.11	-16.56	-23.5
Comprehensive Income & Other	2.06	4.03	3.67	1.55	0.41
Total Common Equity	2,424	2,412	2,446	2,320	1,995
Minority Interest	-	-0.37	-0.35	-0.31	-0.21
Shareholders' Equity	2,424	2,412	2,446	2,320	1,995
Total Liabilities & Equity	2,945	2,813	2,822	2,805	2,115
Total Debt	69.08	201.14	225.63	279.25	0.43
Net Cash (Debt)	1,002	927.74	996.53	966.09	898.8
Net Cash Growth	7.98%	-6.90%	3.15%	7.49%	290.56%
Net Cash Per Share	3.43	3.15	3.39	3.27	3.24
Filing Date Shares Outstanding	286.48	291.86	296.36	296.38	296.19
Total Common Shares Outstanding	286.48	291.86	296.36	296.38	296.19
Working Capital	1,327	1,398	1,691	1,681	1,399
Book Value Per Share	8.46	8.26	8.25	7.83	6.74
Tangible Book Value	2,261	2,243	2,272	2,140	1,844
Tangible Book Value Per Share	7.89	7.68	7.67	7.22	6.23
Buildings	-	374.44	203.96	201.48	185
Machinery	-	693.74	480.7	432.57	396.61
Construction In Progress	-	22.29	267.68	94.71	7.32

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