SHE:300539 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	104.99	47.34	103.68	79.57	88.97
Trading Asset Securities	204.58	-	0.93	-	0.26
Cash & Short-Term Investments	309.58	47.34	104.61	79.57	89.23
Cash Growth	553.98%	-54.75%	31.47%	-10.82%	-2.91%
Accounts Receivable	457	360.84	301.47	306.48	271.57
Other Receivables	6.71	9.32	7.29	7.81	13.76
Receivables	463.71	370.16	308.76	314.29	285.33
Inventory	220.52	224.5	196.44	214.53	208.64
Prepaid Expenses	-	0.04	0.12	-	-
Other Current Assets	15.03	15.48	15.5	13.07	9.73
Total Current Assets	1,009	657.53	625.44	621.45	592.93
Property, Plant & Equipment	403.14	326.04	327.11	347.58	354.09
Long-Term Investments	100.03	1.11	0.94	1.09	0.99
Goodwill	0.09	-	-	-	-
Other Intangible Assets	72.16	72.97	59.4	59.66	58.89
Long-Term Accounts Receivable	-	-	-	0.15	-
Long-Term Deferred Tax Assets	14.14	8.7	8.67	10.08	7.33
Long-Term Deferred Charges	31.39	35.95	32.56	29.3	16.27
Other Long-Term Assets	83.12	88.78	67.42	66.66	70.9
Total Assets	1,713	1,191	1,122	1,136	1,101
Accounts Payable	255.62	203.9	203.22	216.94	212.71
Accrued Expenses	25.03	32.91	27.03	25.3	22.79
Short-Term Debt	105.07	124.1	194.86	223.34	280.82
Current Portion of Long-Term Debt	78.04	29.92	98.83	0.76	0.71
Current Portion of Leases	-	1.89	1.5	4.61	2.45
Current Income Taxes Payable	14.12	0.49	0.29	2.17	2.44
Current Unearned Revenue	5.14	5.11	6.57	5.28	10.68
Other Current Liabilities	5.44	3.89	4.41	6.69	9.25
Total Current Liabilities	488.45	402.22	536.71	485.1	541.84
Long-Term Debt	30	207.76	29.02	111.31	35.22
Long-Term Leases	-	0.3	0.13	0.79	-
Long-Term Unearned Revenue	11.64	12.57	13.02	14.71	16.41
Long-Term Deferred Tax Liabilities	1	1.05	1.2	1.34	0.04
Total Liabilities	531.08	623.91	580.08	613.25	593.51
Common Stock	268.1	222.25	222.08	222.12	222.14
Additional Paid-In Capital	673.59	125.6	115.34	114.64	112.61
Retained Earnings	240.88	218.17	197.91	181.78	171.59
Treasury Stock	-	-	-0.11	-3.01	-5.43
Comprehensive Income & Other	0.22	0.19	6.48	6.47	6.46
Total Common Equity	1,183	566.21	541.69	522	507.37
Minority Interest	-0.96	0.98	-0.24	0.73	0.53
Shareholders' Equity	1,182	567.19	541.45	522.73	507.9
Total Liabilities & Equity	1,713	1,191	1,122	1,136	1,101
Total Debt	213.11	363.98	324.34	340.81	319.2
Net Cash (Debt)	96.47	-316.64	-219.73	-261.24	-229.97
Net Cash Per Share	0.40	-1.42	-0.97	-1.21	-1.04
Filing Date Shares Outstanding	297.43	222.25	214.88	202.57	217.92
Total Common Shares Outstanding	297.43	222.25	214.88	202.57	217.92
Working Capital	520.39	255.3	88.73	136.35	51.09
Book Value Per Share	3.98	2.55	2.52	2.58	2.33
Tangible Book Value	1,111	493.24	482.3	462.34	448.48
Tangible Book Value Per Share	3.73	2.22	2.24	2.28	2.06
Buildings	-	187.08	200.47	200.16	207.43
Machinery	-	460.64	432.8	417.34	379.69
Construction In Progress	-	21.16	2.36	-	2.55

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