SHE:300620 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,008	906.8	387.05	515.17	641.83
Trading Asset Securities	235.63	41.09	-	50.2	130
Cash & Short-Term Investments	1,244	947.89	387.05	565.38	771.83
Cash Growth	31.22%	144.90%	-31.54%	-26.75%	-13.72%
Accounts Receivable	549.13	409.08	330.69	267.32	244.6
Other Receivables	31.33	31.47	19.99	12.96	8.11
Receivables	580.46	440.55	350.69	280.28	252.7
Inventory	361.42	268.35	232.69	241.2	179.64
Other Current Assets	22.91	10.96	14.12	20.74	11.38
Total Current Assets	2,209	1,668	984.55	1,108	1,216
Property, Plant & Equipment	883.73	761.11	697.7	621.74	363.65
Long-Term Investments	35.81	10	10	-	-
Goodwill	232.35	232.35	109.86	109.86	109.86
Other Intangible Assets	174.8	162.73	111.34	35.57	35.79
Long-Term Deferred Tax Assets	110.94	69.11	45.89	34.87	11.69
Long-Term Deferred Charges	31.4	15.04	4.23	3.4	1.96
Other Long-Term Assets	29.48	33.6	37.16	48.83	29.35
Total Assets	3,707	2,952	2,001	1,962	1,768
Accounts Payable	291	172.78	105.06	144.25	62.37
Accrued Expenses	76.43	67.17	34.64	38.98	39.22
Short-Term Debt	379.44	322.97	-	0.1	2.88
Current Portion of Long-Term Debt	65.26	15.21	-	-	-
Current Portion of Leases	6.05	3.97	3.73	3.66	3.83
Current Income Taxes Payable	17.76	8.13	2.43	1.37	4.87
Current Unearned Revenue	6.26	10.73	14.57	10.02	4.43
Other Current Liabilities	47.48	64.52	37.67	36.13	55.99
Total Current Liabilities	889.67	665.47	198.1	234.5	173.6
Long-Term Debt	410.08	162.31	-	-	-
Long-Term Leases	28.08	0.15	1.81	5.29	8.61
Long-Term Unearned Revenue	152.18	151.06	82.9	55.39	46.22
Long-Term Deferred Tax Liabilities	11.09	7.92	11.98	14.62	3.85
Other Long-Term Liabilities	5.52	3.17	2.59	1.96	2.04
Total Liabilities	1,497	990.07	297.38	311.76	234.32
Common Stock	249.18	249.18	245.31	164.08	164.06
Additional Paid-In Capital	1,169	1,128	960.3	1,051	1,038
Retained Earnings	687.56	535.81	493.74	466.88	381.89
Treasury Stock	-	-	-7.2	-30.75	-38.02
Comprehensive Income & Other	64.37	12.38	11.18	-1.02	-12.76
Total Common Equity	2,170	1,925	1,703	1,650	1,534
Minority Interest	40.13	36.43	-	-	-
Shareholders' Equity	2,210	1,962	1,703	1,650	1,534
Total Liabilities & Equity	3,707	2,952	2,001	1,962	1,768
Total Debt	888.91	504.61	5.54	9.05	15.33
Net Cash (Debt)	354.91	443.27	381.51	556.33	756.5
Net Cash Growth	-19.93%	16.19%	-31.42%	-26.46%	-15.44%
Net Cash Per Share	1.40	1.78	1.56	2.26	3.09
Filing Date Shares Outstanding	249.18	249.18	245.31	246.12	246.09
Total Common Shares Outstanding	249.18	249.18	245.31	246.12	246.09
Working Capital	1,319	1,002	786.45	873.09	1,042
Book Value Per Share	8.71	7.73	6.94	6.70	6.23
Tangible Book Value	1,763	1,530	1,482	1,505	1,388
Tangible Book Value Per Share	7.08	6.14	6.04	6.11	5.64
Buildings	433.33	253.29	253.29	202.32	119.69
Machinery	727.03	557.92	491.38	401.61	233.52
Construction In Progress	90.08	208.53	144.6	150.85	105.9

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.