SHE:300499 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	284.09	123.52	289.11	513.05	265.46
Short-Term Investments	-	84.97	-	-	-
Cash & Short-Term Investments	284.09	208.49	289.11	513.05	265.46
Cash Growth	36.26%	-27.89%	-43.65%	93.27%	-36.34%
Accounts Receivable	513.51	495.96	374.56	503.5	1,146
Other Receivables	5.25	5.58	6.85	6.39	22.03
Receivables	518.76	501.54	381.4	509.89	1,168
Inventory	546.04	360.33	302.19	344.03	258.54
Other Current Assets	59.26	18.12	16.86	15.98	23.72
Total Current Assets	1,408	1,088	989.57	1,383	1,716
Property, Plant & Equipment	201.8	217.07	182.39	193.87	295.93
Long-Term Investments	378.3	353.11	401.11	367.98	7.97
Goodwill	-	-	-	-	123.01
Other Intangible Assets	50.4	51.76	51.13	52.86	76.66
Long-Term Accounts Receivable	-	39.4	44.29	51.11	79.34
Long-Term Deferred Tax Assets	54.17	52.67	50.9	28.12	24.86
Long-Term Deferred Charges	39.84	42.7	39.29	30.5	28.74
Other Long-Term Assets	75.44	35.14	60.38	48.05	63.1
Total Assets	2,208	1,880	1,819	2,155	2,415
Accounts Payable	293.63	311.12	239.64	307.84	656.01
Accrued Expenses	30.73	29.76	24.97	22.92	78.3
Short-Term Debt	-	-	-	128.13	165.59
Current Portion of Long-Term Debt	1.06	-	17.27	28.81	4.18
Current Portion of Leases	-	3.12	1.83	2.65	9.65
Current Income Taxes Payable	2.97	0.17	0	28.03	2.68
Current Unearned Revenue	346.96	117.62	87.31	110.46	41.53
Other Current Liabilities	74.09	24.97	17.73	17.22	23.74
Total Current Liabilities	749.45	486.76	388.75	646.06	981.68
Long-Term Debt	-	-	-	17.25	236.86
Long-Term Leases	2.54	3.97	2.41	4.46	32.79
Long-Term Unearned Revenue	13.87	15.96	18.45	21.73	25.04
Long-Term Deferred Tax Liabilities	37.08	0.67	0.04	0.06	10.84
Other Long-Term Liabilities	10.81	2.23	3.82	-	-
Total Liabilities	813.75	509.59	413.48	689.56	1,287
Common Stock	305.25	305.25	305.25	308.62	280.8
Additional Paid-In Capital	360	362.7	362.7	382.74	135.87
Retained Earnings	711.9	683.52	733.84	802.3	515.57
Treasury Stock	-	-	-	-30.06	-25.06
Comprehensive Income & Other	0.1	0.1	0.1	0.1	82.85
Total Common Equity	1,377	1,352	1,402	1,464	990.03
Minority Interest	17.11	19.18	3.68	2.18	138.08
Shareholders' Equity	1,394	1,371	1,406	1,466	1,128
Total Liabilities & Equity	2,208	1,880	1,819	2,155	2,415
Total Debt	3.6	7.09	21.51	181.3	449.07
Net Cash (Debt)	280.49	201.4	267.6	331.75	-183.61
Net Cash Growth	39.27%	-24.74%	-19.34%	-	-
Net Cash Per Share	0.89	0.64	0.84	1.16	-0.60
Filing Date Shares Outstanding	327.79	305.25	305.25	305.25	277.8
Total Common Shares Outstanding	327.79	305.25	305.25	305.25	277.8
Working Capital	658.71	601.72	600.82	736.89	734.04
Book Value Per Share	4.20	4.43	4.59	4.80	3.56
Tangible Book Value	1,327	1,300	1,351	1,411	790.37
Tangible Book Value Per Share	4.05	4.26	4.43	4.62	2.85
Buildings	-	237.74	206.52	216.69	216.84
Machinery	-	137.48	119.8	120.7	188.08
Construction In Progress	-	1.33	1.27	-	3.92

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