SHE:300527 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,452	1,423	1,631	1,794	1,672
Cash & Short-Term Investments	1,452	1,423	1,631	1,794	1,672
Cash Growth	2.05%	-12.74%	-9.10%	7.29%	-16.43%
Accounts Receivable	829.84	751.54	536.97	1,203	992.55
Other Receivables	30.48	10.38	7.55	16.74	15.56
Receivables	860.32	761.93	544.52	1,219	1,008
Inventory	107.7	158.75	244.82	377.6	377.78
Other Current Assets	92.52	53.19	150.8	139.34	153.98
Total Current Assets	2,513	2,397	2,571	3,531	3,212
Property, Plant & Equipment	629.21	651.1	884.41	808.33	799.85
Long-Term Investments	239.11	233.52	237.05	56.99	58.09
Other Intangible Assets	140.26	141.15	193.07	167.86	173.66
Long-Term Deferred Tax Assets	28.5	27.18	29.11	26.35	18.64
Long-Term Deferred Charges	-	-	-	2.22	95.7
Other Long-Term Assets	248.83	297.6	0.63	3.44	36.18
Total Assets	3,799	3,748	3,915	4,596	4,394
Accounts Payable	409.66	459.68	429.19	922.98	789.05
Accrued Expenses	28.08	43.74	30.34	55.85	43.8
Current Portion of Long-Term Debt	-	2.78	4.13	2.75	1.38
Current Portion of Leases	-	-	-	1.95	1.99
Current Income Taxes Payable	23.09	3.18	0.16	11.02	11.27
Current Unearned Revenue	169.79	163.88	391.99	285.49	218.45
Other Current Liabilities	114.12	44.77	75.5	15.99	20.03
Total Current Liabilities	744.74	718.03	931.31	1,296	1,086
Long-Term Debt	-	221.03	329.08	314.61	298.35
Long-Term Leases	-	-	-	4.01	6.42
Long-Term Unearned Revenue	51.37	52.6	51.22	52.39	53.56
Long-Term Deferred Tax Liabilities	-	-	0.26	1.11	0.26
Other Long-Term Liabilities	82.48	75.14	56.48	42.97	27.19
Total Liabilities	878.6	1,067	1,368	1,711	1,472
Common Stock	1,017	986.82	963.24	963.24	963.21
Additional Paid-In Capital	1,143	890.59	744.19	744.14	743.9
Retained Earnings	762.68	747.34	738.62	956.54	981.6
Comprehensive Income & Other	-2.22	55.99	100.91	98.18	107.35
Total Common Equity	2,920	2,681	2,547	2,762	2,796
Minority Interest	-	-	-	122.51	126.32
Shareholders' Equity	2,920	2,681	2,547	2,885	2,922
Total Liabilities & Equity	3,799	3,748	3,915	4,596	4,394
Total Debt	-	223.81	333.21	323.32	308.14
Net Cash (Debt)	1,452	1,199	1,298	1,471	1,364
Net Cash Growth	21.10%	-7.58%	-11.77%	7.83%	-20.71%
Net Cash Per Share	1.63	1.39	1.37	1.66	1.41
Filing Date Shares Outstanding	515.97	986.82	963.24	963.24	963.21
Total Common Shares Outstanding	515.97	986.82	963.24	963.24	963.21
Working Capital	1,768	1,679	1,640	2,235	2,126
Book Value Per Share	5.66	2.72	2.64	2.87	2.90
Tangible Book Value	2,780	2,540	2,354	2,594	2,622
Tangible Book Value Per Share	5.39	2.57	2.44	2.69	2.72
Buildings	-	590.43	590.85	552	518.54
Machinery	-	379.23	391.2	456.24	507.97
Construction In Progress	-	86.83	290.39	171.48	135.82

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