SHE:300637 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	Jan '22 Jan 1, 2022
Cash & Equivalents	86.74	143.29	104.26	96.66	70.3
Trading Asset Securities	0.03	16.93	7.24	-	-
Cash & Short-Term Investments	86.77	160.23	111.5	96.66	70.3
Cash Growth	-45.84%	43.70%	15.35%	37.50%	18.07%
Accounts Receivable	112.75	69.31	68.76	85.75	106.67
Other Receivables	4.03	15.53	16.53	21.91	4.18
Receivables	116.78	85.01	85.44	107.79	111.13
Inventory	237.75	237	200.79	190.91	191.52
Prepaid Expenses	-	0.43	0.67	2.39	0.55
Other Current Assets	8.68	10.68	9.69	12.94	66.93
Total Current Assets	449.99	493.35	408.08	410.7	440.43
Property, Plant & Equipment	633.91	663.73	713.07	808.36	791.21
Long-Term Investments	113.18	101.29	100.02	74.43	93.2
Other Intangible Assets	31.43	33.09	34.77	35.74	36.78
Long-Term Deferred Tax Assets	73.69	70.5	67.47	54.46	31.6
Long-Term Deferred Charges	0.31	0.44	0.29	0.51	0.99
Other Long-Term Assets	1.64	2.11	1.25	5.23	5.3
Total Assets	1,304	1,365	1,325	1,389	1,400
Accounts Payable	98.82	99.28	67.27	123.65	129.34
Accrued Expenses	10.88	10.85	9.67	10.82	8.46
Short-Term Debt	348.16	291.77	262.15	228.16	245.52
Current Portion of Long-Term Debt	31.46	134.74	90.15	25.81	183.72
Current Portion of Leases	-	1.03	0.57	0.55	0.81
Current Income Taxes Payable	8.35	2.49	5.13	2.98	3.97
Current Unearned Revenue	5.81	28.71	10.55	5.6	10.5
Other Current Liabilities	2.69	12.23	31.87	12.31	3.98
Total Current Liabilities	506.17	581.1	477.36	409.88	586.31
Long-Term Debt	82.48	88.8	145.9	210	35.5
Long-Term Leases	1.42	2.15	1.81	2.38	4.48
Long-Term Unearned Revenue	1.56	1.82	2.08	2.35	2.61
Long-Term Deferred Tax Liabilities	-	3.09	0.11	3.06	-
Other Long-Term Liabilities	-	6.28	4.63	4.48	4.55
Total Liabilities	591.63	683.24	631.89	632.14	633.45
Common Stock	234.75	234.75	234.75	234.75	234.75
Additional Paid-In Capital	235.87	235.87	235.87	235.87	235.87
Retained Earnings	207.75	192.56	232.9	320.63	314.95
Comprehensive Income & Other	34.14	18.08	-10.46	-33.96	-19.5
Shareholders' Equity	712.52	681.26	693.06	757.29	766.07
Total Liabilities & Equity	1,304	1,365	1,325	1,389	1,400
Total Debt	463.52	518.49	500.58	466.89	470.03
Net Cash (Debt)	-376.75	-358.27	-389.08	-370.23	-399.73
Net Cash Per Share	-1.60	-1.53	-1.66	-1.30	-1.82
Filing Date Shares Outstanding	235.23	234.75	234.75	234.75	234.75
Total Common Shares Outstanding	235.23	234.75	234.75	234.75	234.75
Working Capital	-56.19	-87.75	-69.28	0.82	-145.87
Book Value Per Share	3.03	2.90	2.95	3.23	3.26
Tangible Book Value	681.08	648.17	658.29	721.55	729.29
Tangible Book Value Per Share	2.90	2.76	2.80	3.07	3.11
Buildings	-	472.33	471.28	482.91	451.16
Machinery	-	620.4	588.39	603.29	535.16
Construction In Progress	-	6.15	26.9	36.27	47.93

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