SHE:300757 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	284.43	300.12	238.81	212.08	165.89
Trading Asset Securities	49.11	15	-	20	80
Cash & Short-Term Investments	333.53	315.12	238.81	232.08	245.89
Cash Growth	5.84%	31.96%	2.90%	-5.62%	52.16%
Accounts Receivable	986.9	998.81	928.56	685.45	718.14
Other Receivables	5.82	2.25	1.3	3.55	0.87
Receivables	992.72	1,001	929.86	689	719.01
Inventory	410.48	205.17	500.62	509.99	312.98
Other Current Assets	46.42	51.47	61.97	26.19	32.7
Total Current Assets	1,783	1,573	1,731	1,457	1,311
Property, Plant & Equipment	363.81	277.41	293.03	311.49	294.46
Long-Term Investments	148.05	249.3	239.51	225.85	183.99
Goodwill	994.97	7.74	7.74	7.74	7.74
Other Intangible Assets	219.49	57.86	52.64	59.55	66.76
Long-Term Accounts Receivable	71.43	163.4	210.86	85.66	104.6
Long-Term Deferred Tax Assets	48.99	36.54	32.18	33.96	32.85
Long-Term Deferred Charges	0.07	0.14	0.16	0.79	1.42
Other Long-Term Assets	11.81	0.06	-	0.08	3.3
Total Assets	3,642	2,365	2,567	2,182	2,006
Accounts Payable	366.21	196.98	639.98	569.07	393.26
Accrued Expenses	28.52	32.28	59.48	51.79	26.98
Short-Term Debt	918.05	923.3	641.4	493.9	503.09
Current Portion of Long-Term Debt	86.4	60.08	10.02	-	20.01
Current Portion of Leases	4.3	-	0.13	0.02	0.49
Current Income Taxes Payable	9.62	0.6	2.43	2.24	1.15
Current Unearned Revenue	157.43	98.81	204.17	151.2	137.58
Other Current Liabilities	60.4	9.3	9.48	13.72	17.98
Total Current Liabilities	1,631	1,321	1,567	1,282	1,101
Long-Term Debt	303.27	39	20.02	30.02	60.06
Long-Term Leases	13.46	-	0.01	-	0.02
Long-Term Unearned Revenue	1.1	-	-	-	-
Long-Term Deferred Tax Liabilities	21.96	-	-	-	-
Total Liabilities	1,971	1,360	1,587	1,312	1,161
Common Stock	167.61	155.04	110.39	110.53	110.28
Additional Paid-In Capital	1,248	523.1	571.61	540.17	532.93
Retained Earnings	256.2	330.19	294.45	228.38	202.23
Treasury Stock	-	-2.97	-3.27	-7.5	-
Comprehensive Income & Other	1.38	2.22	9.12	0.04	0.27
Total Common Equity	1,673	1,008	982.3	871.62	845.71
Minority Interest	-2.35	-2.64	-2.04	-1.19	-0.61
Shareholders' Equity	1,671	1,005	980.27	870.43	845.1
Total Liabilities & Equity	3,642	2,365	2,567	2,182	2,006
Total Debt	1,325	1,022	671.58	523.94	583.67
Net Cash (Debt)	-991.95	-707.26	-432.77	-291.86	-337.78
Net Cash Per Share	-6.12	-4.54	-2.81	-1.91	-2.26
Filing Date Shares Outstanding	167.61	155.04	154.54	154.74	154.39
Total Common Shares Outstanding	167.61	155.04	154.54	154.74	154.39
Working Capital	152.23	251.47	164.18	175.32	210.04
Book Value Per Share	9.98	6.50	6.36	5.63	5.48
Tangible Book Value	458.96	941.98	921.92	804.33	771.2
Tangible Book Value Per Share	2.74	6.08	5.97	5.20	5.00
Land	255.65	250.82	-	-	-
Buildings	-	-	250.82	250.68	218.23
Machinery	119.35	99.74	99.94	101.06	99.6
Construction In Progress	97.11	27.36	21.65	20.49	11.98
Order Backlog	2,187	-	-	-	-

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