SHE:300608 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	367.21	383.65	692.3	963.24	411.45
Cash & Short-Term Investments	367.21	383.65	692.3	963.24	411.45
Cash Growth	-4.29%	-44.58%	-28.13%	134.11%	8.94%
Accounts Receivable	616.92	829.18	626.63	496.72	398.21
Other Receivables	14.47	17.07	14.4	18.95	11.53
Receivables	631.39	846.25	641.02	515.67	409.74
Inventory	308.47	274.65	341.09	305.04	291.35
Prepaid Expenses	2.63	4.55	4.26	0.46	0.68
Other Current Assets	3.22	3.4	1.95	1.38	1.1
Total Current Assets	1,313	1,512	1,681	1,786	1,114
Property, Plant & Equipment	494.17	496.22	509.87	463.15	471.39
Long-Term Investments	100.72	95.64	103.15	86.95	91.87
Goodwill	-	-	-	3.54	6.9
Other Intangible Assets	169.77	126.64	126.72	109.12	55.38
Long-Term Deferred Tax Assets	21.57	13.06	8.88	8.05	5.89
Long-Term Deferred Charges	79.38	110.84	64.04	55.73	59.65
Other Long-Term Assets	0.38	11.23	10.44	14.44	8.1
Total Assets	2,179	2,366	2,504	2,527	1,813
Accounts Payable	9.08	9.52	10.9	9.73	16.59
Accrued Expenses	71.51	75.13	128.31	114.71	101.58
Short-Term Debt	371.24	421.69	363.9	443.42	339.45
Current Portion of Long-Term Debt	213.44	25.34	57.14	15	15
Current Portion of Leases	28.29	8.39	8.98	6.81	8.42
Current Income Taxes Payable	0.21	0.01	3.82	4.03	3.41
Current Unearned Revenue	45.04	13.2	32.3	38.53	33.46
Other Current Liabilities	23.75	26.41	25.49	22.73	12.41
Total Current Liabilities	762.57	579.69	630.84	654.94	530.32
Long-Term Debt	33.27	238.05	253.01	317.23	320.39
Long-Term Leases	33.12	7.55	8.75	4.77	6.3
Long-Term Deferred Tax Liabilities	0.05	-	0.02	0.17	0.9
Other Long-Term Liabilities	4.92	13.11	6.58	2.79	3.98
Total Liabilities	833.92	838.4	899.21	979.9	861.89
Common Stock	331.24	331.22	331.17	327.13	209.91
Additional Paid-In Capital	774.3	771.94	761.82	719.28	244.19
Retained Earnings	256.38	436.43	490.85	471.45	468.92
Treasury Stock	-30	-30	-	-	-4
Comprehensive Income & Other	26.43	27.57	27.39	33.96	33.76
Total Common Equity	1,358	1,537	1,611	1,552	952.78
Minority Interest	-13.35	-9.43	-6.72	-4.94	-1.17
Shareholders' Equity	1,345	1,528	1,605	1,547	951.61
Total Liabilities & Equity	2,179	2,366	2,504	2,527	1,813
Total Debt	679.35	701.02	691.79	787.22	689.56
Net Cash (Debt)	-312.15	-317.37	0.51	176.02	-278.11
Net Cash Growth	-	-	-99.71%	-	-
Net Cash Per Share	-0.95	-0.93	0.00	0.71	-1.12
Filing Date Shares Outstanding	328.04	328.02	330.58	327.13	251.63
Total Common Shares Outstanding	328.04	328.02	331.17	327.13	251.63
Working Capital	550.35	932.81	1,050	1,131	583.99
Book Value Per Share	4.14	4.69	4.87	4.74	3.79
Tangible Book Value	1,189	1,411	1,485	1,439	890.49
Tangible Book Value Per Share	3.62	4.30	4.48	4.40	3.54
Buildings	468.83	476.51	476.51	433.18	431.65
Machinery	107.76	76.61	62.73	58.09	54.15

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