SHE:300755 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	930.06	1,386	1,093	1,178	1,141
Cash & Short-Term Investments	930.06	1,386	1,093	1,178	1,141
Cash Growth	-32.91%	26.81%	-7.23%	3.24%	-6.80%
Accounts Receivable	123.01	213.33	218.76	297.34	141.04
Other Receivables	45.34	8.88	32.44	85.13	96.98
Receivables	168.35	222.21	251.2	382.47	238.02
Inventory	2,383	3,259	3,355	3,429	3,048
Other Current Assets	894.28	1,700	1,974	2,952	2,073
Total Current Assets	4,376	6,567	6,673	7,942	6,500
Property, Plant & Equipment	237.64	301.73	310.97	299.64	98.15
Long-Term Investments	55.41	60.41	60.41	60.41	60.41
Other Intangible Assets	2.19	4.16	7.11	9.33	6.87
Long-Term Deferred Tax Assets	129.08	170.46	167.9	101.19	68.11
Long-Term Deferred Charges	5.12	9.42	14.6	23.92	35.8
Other Long-Term Assets	-	-	17.88	4.53	61.14
Total Assets	4,806	7,113	7,251	8,441	6,831
Accounts Payable	512.1	1,051	1,068	2,165	1,569
Accrued Expenses	81.23	162.94	158.98	163.93	187.76
Short-Term Debt	745.3	1,862	1,324	1,365	524.06
Current Portion of Long-Term Debt	8.09	-	-	-	-
Current Portion of Leases	-	10.95	15.89	10.8	19.6
Current Income Taxes Payable	9.84	12.45	45.89	25.73	60.88
Current Unearned Revenue	272.93	424.71	418.66	659.69	607.2
Other Current Liabilities	346.35	258.7	259.55	294.31	348.38
Total Current Liabilities	1,976	3,783	3,290	4,685	3,317
Long-Term Leases	3.77	51.74	58.72	36.95	32.66
Long-Term Deferred Tax Liabilities	3.12	16.31	0.17	1.02	-
Other Long-Term Liabilities	0.1	-	-	-	-
Total Liabilities	1,983	3,851	3,349	4,722	3,350
Common Stock	416.8	416.8	416.8	416.8	416.8
Additional Paid-In Capital	857.21	857.21	857.21	857.21	857.21
Retained Earnings	1,631	2,037	2,529	2,368	2,139
Treasury Stock	-150.04	-150.04	-	-	-
Comprehensive Income & Other	-2.76	-4.24	-3.09	-2.48	0.82
Total Common Equity	2,752	3,156	3,800	3,639	3,414
Minority Interest	70.84	106.11	101.95	79.35	67.61
Shareholders' Equity	2,823	3,263	3,902	3,718	3,481
Total Liabilities & Equity	4,806	7,113	7,251	8,441	6,831
Total Debt	757.16	1,925	1,398	1,413	576.32
Net Cash (Debt)	172.9	-538.43	-305.24	-234.82	565.11
Net Cash Growth	-	-	-	-	-34.72%
Net Cash Per Share	0.42	-1.33	-0.73	-0.56	1.36
Filing Date Shares Outstanding	397	407.7	416.8	416.8	416.8
Total Common Shares Outstanding	397	407.7	416.8	416.8	416.8
Working Capital	2,400	2,784	3,382	3,257	3,183
Book Value Per Share	6.93	7.74	9.12	8.73	8.19
Tangible Book Value	2,750	3,152	3,793	3,630	3,407
Tangible Book Value Per Share	6.93	7.73	9.10	8.71	8.17
Buildings	-	267.1	247.75	247.75	40.22
Machinery	-	31.44	30.32	31.77	26.59

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