SHE:300671 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	208.65	165.24	293.55	394.85	907.82
Short-Term Investments	-	159.58	69.68	139.51	-
Trading Asset Securities	318.55	215.98	369.55	562.34	377.61
Cash & Short-Term Investments	527.21	540.8	732.78	1,097	1,285
Cash Growth	-2.51%	-26.20%	-33.18%	-14.68%	311.96%
Accounts Receivable	527.24	406.57	393.97	376.8	440.59
Other Receivables	4.25	51.4	62.8	30.75	23.14
Receivables	531.49	457.98	456.77	407.55	463.73
Inventory	348.68	416.45	413.23	503.65	372.64
Prepaid Expenses	-	-	-	0.24	-
Other Current Assets	93.47	43.79	33.89	73.19	244.6
Total Current Assets	1,501	1,459	1,637	2,081	2,366
Property, Plant & Equipment	1,001	933.45	972.44	894.71	495.2
Long-Term Investments	-	31.33	52.04	-	-
Other Intangible Assets	29.42	32.66	35.83	35.85	38.52
Long-Term Deferred Tax Assets	75.29	84.46	85.41	51.93	5.3
Long-Term Deferred Charges	27.34	41.72	41.54	56.52	46.24
Other Long-Term Assets	38.79	55.19	89.79	154.88	13.18
Total Assets	2,673	2,638	2,914	3,275	2,965
Accounts Payable	296.96	210.13	229.87	147.54	162.28
Accrued Expenses	14.91	13.77	18.09	21.81	12.75
Short-Term Debt	495.9	536.35	631.31	623.67	155.04
Current Portion of Long-Term Debt	17.22	14.12	14.14	14.17	56.56
Current Portion of Leases	-	2.79	16.58	25.43	38.77
Current Income Taxes Payable	13.49	0.79	-	0.98	24.19
Current Unearned Revenue	4.29	3.95	2.48	5.75	14.93
Other Current Liabilities	138.29	98.23	37.01	78.77	4.74
Total Current Liabilities	981.06	880.12	949.48	918.12	469.28
Long-Term Debt	73.5	87.5	101.5	115.5	12.67
Long-Term Leases	6.33	6.44	8.11	34.52	53.68
Long-Term Unearned Revenue	53.45	34.84	27.93	30.52	32.25
Long-Term Deferred Tax Liabilities	0.41	0.33	0.39	1.1	0
Other Long-Term Liabilities	-	-	5.88	6.1	5.61
Total Liabilities	1,115	1,009	1,093	1,106	573.49
Common Stock	221.39	217.72	217.72	217.72	216.68
Additional Paid-In Capital	1,598	1,487	1,440	1,447	1,413
Retained Earnings	-254.97	-71.71	169.8	517.72	755.39
Comprehensive Income & Other	1.66	2.01	1.77	1.5	0.19
Total Common Equity	1,566	1,636	1,829	2,184	2,385
Minority Interest	-8.16	-6.92	-8.44	-14.41	6.35
Shareholders' Equity	1,558	1,629	1,820	2,169	2,391
Total Liabilities & Equity	2,673	2,638	2,914	3,275	2,965
Total Debt	592.95	647.2	771.64	813.29	316.72
Net Cash (Debt)	-65.75	-106.4	-38.87	283.41	968.7
Net Cash Growth	-	-	-	-70.74%	3506.34%
Net Cash Per Share	-0.30	-0.49	-0.18	1.30	4.65
Filing Date Shares Outstanding	211.95	217.72	217.72	217.72	216.68
Total Common Shares Outstanding	211.95	217.72	217.72	217.72	216.68
Working Capital	519.78	578.9	687.19	1,163	1,897
Book Value Per Share	7.39	7.51	8.40	10.03	11.01
Tangible Book Value	1,537	1,603	1,793	2,148	2,346
Tangible Book Value Per Share	7.25	7.36	8.24	9.87	10.83
Buildings	-	572.7	0.49	0.49	0.49
Machinery	-	610.18	625.47	606.67	538.11
Construction In Progress	-	-	556.76	413.65	28.41

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