SHE:300699 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	1,764	1,384	1,090	1,377	1,949
Cash & Short-Term Investments	1,764	1,384	1,090	1,377	1,949
Cash Growth	27.43%	26.97%	-20.80%	-29.37%	31.22%
Accounts Receivable	1,897	1,816	2,030	1,305	833.91
Other Receivables	1.2	1.69	0.44	72.79	17.11
Receivables	1,898	1,817	2,031	1,377	851.02
Inventory	798.7	713.74	455.96	645.04	411.98
Other Current Assets	279.31	222.98	130.11	87.81	81.19
Total Current Assets	4,740	4,138	3,707	3,487	3,293
Property, Plant & Equipment	3,768	3,434	2,960	2,378	1,838
Long-Term Investments	28.12	28.08	-	-	-
Other Intangible Assets	326.42	335.71	239.82	231.32	233.56
Long-Term Deferred Tax Assets	47.89	51.57	55.02	69.74	68.6
Long-Term Deferred Charges	37.47	16.04	19.57	43.78	10.86
Other Long-Term Assets	68.09	68.42	76.04	120.8	114.05
Total Assets	9,016	8,072	7,058	6,330	5,559
Accounts Payable	717.56	433.23	515.13	542.08	616.25
Accrued Expenses	89.69	69.51	86.84	69.73	47.67
Short-Term Debt	985.33	294.78	241.64	148	26.02
Current Portion of Long-Term Debt	332.31	241.91	59.54	-	-
Current Portion of Leases	1.78	2.32	1.56	0.76	2.98
Current Income Taxes Payable	32.33	20.31	36.15	31.01	25.7
Current Unearned Revenue	26.54	17.65	29.8	24.9	33.96
Other Current Liabilities	404.88	303.69	6.55	6	6.37
Total Current Liabilities	2,590	1,383	977.21	822.47	758.96
Long-Term Debt	375.76	772.04	118.77	-	-
Long-Term Leases	1.86	3.47	4.91	2.97	0.59
Long-Term Unearned Revenue	388.36	420.08	426.76	509.56	534.51
Long-Term Deferred Tax Liabilities	-	-	-	0.94	-
Total Liabilities	3,356	2,579	1,528	1,336	1,294
Common Stock	831.35	831.35	831.35	518.35	518.35
Additional Paid-In Capital	1,202	1,216	1,319	1,574	1,529
Retained Earnings	3,823	3,632	3,303	2,793	2,118
Treasury Stock	-161.66	-161.66	-	-	-
Comprehensive Income & Other	-7.68	-2.81	-5	-4.52	-18.69
Total Common Equity	5,686	5,515	5,448	4,880	4,146
Minority Interest	-26.6	-21.89	81.91	114.16	118.33
Shareholders' Equity	5,660	5,493	5,530	4,994	4,265
Total Liabilities & Equity	9,016	8,072	7,058	6,330	5,559
Total Debt	1,697	1,315	426.43	151.73	29.59
Net Cash (Debt)	66.95	69.73	663.82	1,225	1,919
Net Cash Growth	-3.99%	-89.50%	-45.80%	-36.19%	29.23%
Net Cash Per Share	0.08	0.08	0.80	1.48	2.31
Filing Date Shares Outstanding	825	825	831.35	829.36	829.36
Total Common Shares Outstanding	825	825	831.35	829.36	829.36
Working Capital	2,149	2,755	2,730	2,664	2,534
Book Value Per Share	6.89	6.68	6.55	5.88	5.00
Tangible Book Value	5,360	5,179	5,208	4,649	3,913
Tangible Book Value Per Share	6.50	6.28	6.26	5.61	4.72
Buildings	1,117	1,018	839.51	517.35	514.64
Machinery	4,413	3,469	2,380	2,030	1,834
Construction In Progress	189.92	518.2	1,053	957.24	450.45

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