SHE:300686 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	458.09	483.71	264.47	398.84	351.55
Short-Term Investments	-	4.31	-	-	-
Trading Asset Securities	30.01	50.03	290.44	270.57	424.84
Cash & Short-Term Investments	488.09	538.06	554.92	669.4	776.4
Cash Growth	-9.29%	-3.04%	-17.10%	-13.78%	-41.21%
Accounts Receivable	418.84	457.72	552.84	511.1	597.59
Other Receivables	10.86	10.13	17.78	13.94	22.6
Receivables	429.7	467.85	570.63	525.03	620.19
Inventory	119.84	149.1	165.87	161.16	231.19
Other Current Assets	82.16	69.46	79.5	64.27	66.98
Total Current Assets	1,120	1,224	1,371	1,420	1,695
Property, Plant & Equipment	645.99	683.39	779.58	910.42	804.68
Long-Term Investments	56.75	113.8	140	142	142
Goodwill	-	-	-	-	85.22
Other Intangible Assets	25.07	28.59	28.3	26.51	32.98
Long-Term Accounts Receivable	-	-	-	7.14	-
Long-Term Deferred Tax Assets	36.56	33.66	37.67	40.86	34.41
Long-Term Deferred Charges	26.71	35.82	36.93	16.94	40.79
Other Long-Term Assets	6.19	6.25	4.69	17.36	6.69
Total Assets	1,917	2,126	2,398	2,581	2,842
Accounts Payable	631.73	622.88	544.41	461.8	537.32
Accrued Expenses	51.33	41.98	56.11	42.21	48.89
Short-Term Debt	131.09	200.14	330.92	244.8	186.2
Current Portion of Long-Term Debt	126.13	-	-	30.09	-
Current Portion of Leases	-	16.07	17.74	27.81	-
Current Income Taxes Payable	36.7	8.73	8.19	12.45	11.67
Current Unearned Revenue	2.83	2.67	0.3	0.8	0.14
Other Current Liabilities	28.66	125.46	140.33	117.45	124.87
Total Current Liabilities	1,008	1,018	1,098	937.41	909.09
Long-Term Debt	50	-	-	-	30.07
Long-Term Leases	54.34	70.35	95.19	180.34	58.59
Long-Term Unearned Revenue	0.22	0.31	0.97	2.21	3.45
Long-Term Deferred Tax Liabilities	1.63	1.87	2.74	3.56	5.15
Other Long-Term Liabilities	-	-	-	-	105.9
Total Liabilities	1,115	1,090	1,197	1,124	1,112
Common Stock	260.62	260.62	265.62	265.62	265.62
Additional Paid-In Capital	907.78	903.7	959.96	960.2	960.2
Retained Earnings	-247.12	-111.12	43.87	298.97	527.92
Treasury Stock	-71.8	-9.02	-61.26	-61.26	-11.41
Comprehensive Income & Other	-42.53	-8.92	-6.14	-5.9	-13.07
Total Common Equity	806.96	1,035	1,202	1,458	1,729
Minority Interest	-4.56	0.24	-0.89	-0.07	-
Shareholders' Equity	802.41	1,036	1,201	1,458	1,729
Total Liabilities & Equity	1,917	2,126	2,398	2,581	2,842
Total Debt	361.56	286.57	443.86	483.05	274.85
Net Cash (Debt)	126.53	251.49	111.06	186.36	501.54
Net Cash Growth	-49.69%	126.45%	-40.41%	-62.84%	-40.43%
Net Cash Per Share	0.49	0.97	0.43	0.71	1.89
Filing Date Shares Outstanding	255.8	256.87	260.62	260.62	264.82
Total Common Shares Outstanding	255.8	259.44	260.62	260.62	264.82
Working Capital	111.33	206.52	272.91	482.46	785.67
Book Value Per Share	3.15	3.99	4.61	5.59	6.53
Tangible Book Value	781.89	1,007	1,174	1,431	1,611
Tangible Book Value Per Share	3.06	3.88	4.50	5.49	6.08
Buildings	-	377.06	375.68	345.2	263.81
Machinery	-	587.2	645.17	658.69	687.22
Construction In Progress	-	7	23	46.46	64.51

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