SHE:300532 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	1,293	1,383	1,310	859.62	520.44
Cash & Short-Term Investments	1,293	1,383	1,310	859.62	520.44
Cash Growth	-6.49%	5.57%	52.35%	65.17%	-35.29%
Accounts Receivable	1,704	1,726	1,932	1,981	1,171
Other Receivables	39.48	32.55	33.62	42.76	48.73
Receivables	1,743	1,758	1,965	2,024	1,220
Inventory	1,109	961.39	1,353	1,236	566.85
Other Current Assets	254.35	107.9	146.73	174.82	164.17
Total Current Assets	4,400	4,210	4,775	4,295	2,471
Property, Plant & Equipment	167.98	188.94	210.47	227.11	213.92
Other Intangible Assets	91.59	17.14	17.37	19.96	18.66
Long-Term Accounts Receivable	-	36.54	40.3	44.35	-
Long-Term Deferred Tax Assets	56.99	48.85	50.57	36.69	24.8
Long-Term Deferred Charges	0.07	0.1	0.37	0.39	0.37
Other Long-Term Assets	81.7	29.04	35.94	45.52	56.31
Total Assets	4,798	4,531	5,130	4,669	2,785
Accounts Payable	976.47	1,047	1,410	1,201	663.4
Accrued Expenses	124.01	141.9	134.37	108.46	62.43
Short-Term Debt	42.01	68.39	44.11	44.02	-
Current Income Taxes Payable	22.03	8.13	30.67	21.44	9.95
Current Unearned Revenue	1,601	1,366	1,712	1,790	752.02
Other Current Liabilities	115.7	123.29	67.27	31.59	93.32
Total Current Liabilities	2,882	2,755	3,399	3,196	1,581
Long-Term Unearned Revenue	8.24	9.36	10.47	11.39	12.36
Long-Term Deferred Tax Liabilities	0	0	0.01	0.01	0.02
Other Long-Term Liabilities	115.42	76.71	75.41	50.79	36.83
Total Liabilities	3,005	2,841	3,484	3,259	1,630
Common Stock	454.03	453.32	310.23	307.03	303.84
Additional Paid-In Capital	362.86	360.71	487.7	458.84	428.93
Retained Earnings	974.77	875.63	847.38	644.33	422.85
Comprehensive Income & Other	1.05	0.42	0.21	0.09	-0.6
Total Common Equity	1,793	1,690	1,646	1,410	1,155
Shareholders' Equity	1,793	1,690	1,646	1,410	1,155
Total Liabilities & Equity	4,798	4,531	5,130	4,669	2,785
Total Debt	42.01	68.39	44.11	44.02	-
Net Cash (Debt)	1,251	1,314	1,266	815.59	520.44
Net Cash Growth	-4.82%	3.85%	55.17%	56.71%	4.86%
Net Cash Per Share	2.77	2.90	2.80	1.83	1.29
Filing Date Shares Outstanding	459.94	453.32	449.84	445.2	440.57
Total Common Shares Outstanding	459.94	453.32	449.84	445.2	440.57
Working Capital	1,518	1,456	1,376	1,098	890.16
Book Value Per Share	3.90	3.73	3.66	3.17	2.62
Tangible Book Value	1,701	1,673	1,628	1,390	1,136
Tangible Book Value Per Share	3.70	3.69	3.62	3.12	2.58
Buildings	-	220.81	227.08	227.08	176.12
Machinery	-	57.75	57.98	56.18	47.26
Construction In Progress	-	-	-	-	30.56

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