SHE:300537 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	177.89	88.27	193.66	139.23	135.9
Trading Asset Securities	131.11	93.42	48.41	28.17	20
Cash & Short-Term Investments	309	181.69	242.07	167.4	155.9
Cash Growth	70.07%	-24.94%	44.61%	7.38%	8.04%
Accounts Receivable	327.02	327.02	345.62	361.61	361.2
Other Receivables	4.65	4.47	2.97	2.25	4.99
Receivables	331.66	331.48	348.59	363.86	366.19
Inventory	74.04	78.02	83.11	99.07	132.36
Other Current Assets	20.81	27.62	27.52	19.59	12.89
Total Current Assets	735.52	618.82	701.29	649.92	667.34
Property, Plant & Equipment	438.02	446.53	390.73	349.46	249.22
Long-Term Investments	0.19	0.23	0.3	-	-
Goodwill	21.77	21.77	51.68	79.68	79.68
Other Intangible Assets	71.66	78.04	80.22	123.6	130.72
Long-Term Deferred Tax Assets	8.39	6.78	33.69	28.72	23.12
Long-Term Deferred Charges	2.72	2.95	6.52	12.11	7.67
Other Long-Term Assets	2.49	1.28	-	-	0.57
Total Assets	1,281	1,176	1,264	1,243	1,158
Accounts Payable	159.35	138.46	151.21	167.4	155.54
Accrued Expenses	8.54	14.33	17.7	22.2	18.76
Short-Term Debt	98.54	159.51	144.79	145.03	196.28
Current Portion of Long-Term Debt	2.04	-	49.04	1.05	-
Current Portion of Leases	-	0.26	1.3	1.3	0.2
Current Income Taxes Payable	4.72	1.83	0.93	6.77	0.13
Current Unearned Revenue	2.27	1.93	3.67	3.36	2.55
Other Current Liabilities	83.51	88.35	101.65	171.35	67.66
Total Current Liabilities	358.96	404.67	470.3	518.46	441.11
Long-Term Debt	-	-	-	49	-
Long-Term Leases	2.1	-	0.53	1.83	0.89
Long-Term Unearned Revenue	3.48	3.67	3.8	7.3	7
Long-Term Deferred Tax Liabilities	7.03	7.91	8.24	18.45	20.09
Total Liabilities	371.57	416.25	482.86	595.05	469.09
Common Stock	207.81	200.42	200.12	193.03	193.03
Additional Paid-In Capital	866.79	945.92	937.74	835.39	836.26
Retained Earnings	-175.22	-394.01	-361.94	-368.84	-336.85
Comprehensive Income & Other	-	-	-	-	0.59
Total Common Equity	899.38	752.32	775.93	659.58	693.02
Minority Interest	9.81	7.83	5.65	-11.14	-3.78
Shareholders' Equity	909.19	760.15	781.58	648.45	689.25
Total Liabilities & Equity	1,281	1,176	1,264	1,243	1,158
Total Debt	102.68	159.77	195.67	198.2	197.37
Net Cash (Debt)	206.32	21.92	46.41	-30.81	-41.47
Net Cash Growth	841.36%	-52.77%	-	-	-
Net Cash Per Share	1.03	0.11	0.24	-0.16	-0.22
Filing Date Shares Outstanding	192.42	200.42	200.12	193.03	193.03
Total Common Shares Outstanding	192.42	200.42	200.12	193.03	193.03
Working Capital	376.56	214.15	231	131.46	226.23
Book Value Per Share	4.67	3.75	3.88	3.42	3.59
Tangible Book Value	805.95	652.51	644.02	456.3	482.62
Tangible Book Value Per Share	4.19	3.26	3.22	2.36	2.50
Buildings	-	366.03	197.35	247.47	247.43
Machinery	-	139.46	108.86	132.67	131.52
Construction In Progress	-	90.38	216.02	135.81	18.76

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