SHE:300616 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	750.51	1,879	2,991	1,569	1,393
Short-Term Investments	-	132.87	27.58	132.51	-
Trading Asset Securities	1,021	950.21	301.16	731.72	1,131
Cash & Short-Term Investments	1,771	2,963	3,319	2,433	2,524
Cash Growth	-40.21%	-10.75%	36.43%	-3.62%	16.53%
Accounts Receivable	283.19	250.84	196.65	216.4	191.94
Other Receivables	39.62	39.33	41.67	51.43	60.33
Receivables	322.81	290.17	238.32	267.84	252.27
Inventory	443.47	694.45	776.6	883.03	886.5
Other Current Assets	241.58	102.56	97.31	64.52	81.6
Total Current Assets	2,779	4,050	4,432	3,649	3,745
Property, Plant & Equipment	2,642	2,586	2,616	2,712	2,895
Long-Term Investments	4.08	54.11	57.35	59.24	57.69
Other Intangible Assets	1,319	1,391	1,468	1,487	531.25
Long-Term Deferred Tax Assets	153.83	150.68	143.73	153.24	125.94
Long-Term Deferred Charges	31.82	42.9	75.03	119.11	148.38
Other Long-Term Assets	0.58	0.42	0.68	1.06	486.87
Total Assets	6,930	8,275	8,792	8,180	7,990
Accounts Payable	807.77	986.7	1,040	960.25	995.73
Accrued Expenses	81.49	171.77	135.14	122.58	191.37
Short-Term Debt	1,072	1,501	2,105	1,077	853.95
Current Portion of Long-Term Debt	105.13	63.39	66.88	-	-
Current Portion of Leases	-	75.67	99.69	111.58	154.05
Current Income Taxes Payable	37.05	0.12	1.51	14.08	3.47
Current Unearned Revenue	660.16	890.37	644.04	622.21	986
Other Current Liabilities	229.87	286.83	276.14	767.21	344.59
Total Current Liabilities	2,993	3,976	4,369	3,674	3,529
Long-Term Debt	726.26	612.92	461.27	485.94	406.94
Long-Term Leases	182.06	217.28	279.8	337.68	396.12
Long-Term Unearned Revenue	47.59	52.68	64.8	77.31	54.64
Long-Term Deferred Tax Liabilities	-	-	-	22.59	24.85
Other Long-Term Liabilities	5.11	4.22	2.58	2.56	0.58
Total Liabilities	3,954	4,863	5,177	4,600	4,412
Common Stock	224.52	224.52	197.87	198.68	198.68
Additional Paid-In Capital	1,819	1,819	1,451	1,500	1,514
Retained Earnings	1,117	1,553	1,966	1,931	1,916
Treasury Stock	-182.39	-182.39	-	-50	-50
Comprehensive Income & Other	-1.6	-1.6	-	-	-
Total Common Equity	2,977	3,413	3,615	3,580	3,578
Minority Interest	-0.66	-0.34	-0.75	-0.58	-0.29
Shareholders' Equity	2,976	3,412	3,615	3,580	3,578
Total Liabilities & Equity	6,930	8,275	8,792	8,180	7,990
Total Debt	2,085	2,470	3,013	2,012	1,811
Net Cash (Debt)	-314.05	492.65	306.51	421.42	713.42
Net Cash Growth	-	60.73%	-27.27%	-40.93%	-64.81%
Net Cash Per Share	-1.73	2.61	1.56	2.09	3.58
Filing Date Shares Outstanding	44.01	208.25	197.87	197.87	197.87
Total Common Shares Outstanding	44.01	208.25	197.87	197.87	197.87
Working Capital	-214.2	74.24	62.83	-25.89	215.69
Book Value Per Share	67.64	16.39	18.27	18.09	18.08
Tangible Book Value	1,658	2,022	2,148	2,093	3,047
Tangible Book Value Per Share	37.66	9.71	10.85	10.58	15.40
Buildings	-	1,591	1,591	1,529	1,387
Machinery	-	1,251	1,273	1,243	1,225
Construction In Progress	-	529.96	301.33	263.78	321.32

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