SHE:300765 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	772.17	872.08	3,770	2,196	1,244
Short-Term Investments	208.35	355.53	-	-	-
Trading Asset Securities	385.39	470.09	-	-	413.59
Cash & Short-Term Investments	1,366	1,698	3,770	2,196	1,658
Cash Growth	-19.54%	-54.97%	71.71%	32.43%	13.51%
Accounts Receivable	693.47	559.76	560.78	716.75	508.94
Other Receivables	10.69	2.05	1.55	1.56	1.37
Receivables	704.16	561.81	562.32	718.31	510.31
Inventory	497.8	398.67	224.82	238.13	262
Other Current Assets	285.28	144.22	60.29	38.47	56.92
Total Current Assets	2,853	2,802	4,618	3,191	2,487
Property, Plant & Equipment	2,800	2,668	2,312	1,055	926.42
Long-Term Investments	259.22	264.45	267.07	253.49	243.19
Other Intangible Assets	218.85	225.21	231.59	50.42	52.81
Long-Term Deferred Tax Assets	21.83	21.61	17.36	18.88	12.5
Other Long-Term Assets	123.03	40.29	26.33	15.9	19.06
Total Assets	6,276	6,022	7,472	4,584	3,741
Accounts Payable	721.62	396.21	1,264	178.75	129.17
Accrued Expenses	58.12	32.22	66.11	66.24	54.57
Short-Term Debt	3.2	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	0.22	-
Current Portion of Leases	0.79	0.84	0.81	-	0.84
Current Income Taxes Payable	7.3	17.15	28.36	34.77	14.95
Current Unearned Revenue	26.09	18.68	19.8	68.26	30.37
Other Current Liabilities	1,892	969.18	524.42	234.52	178.75
Total Current Liabilities	2,709	1,434	1,904	582.77	408.64
Long-Term Debt	-	-	-	19.8	-
Long-Term Leases	1.66	-	0.84	-	-
Long-Term Unearned Revenue	239.92	90.49	84.16	37.21	34.27
Long-Term Deferred Tax Liabilities	1.87	1.4	0.02	0.06	0.67
Other Long-Term Liabilities	528.46	-	-	-	-
Total Liabilities	3,481	1,526	1,989	639.84	443.58
Common Stock	1,405	1,405	1,171	618.93	546
Additional Paid-In Capital	181.28	977.27	2,125	1,138	1,211
Retained Earnings	1,398	1,667	1,988	2,177	1,533
Treasury Stock	-321.03	-321.03	-4.25	-	-
Comprehensive Income & Other	4.26	2.5	1.98	0.72	-1.2
Total Common Equity	2,667	3,731	5,281	3,936	3,289
Minority Interest	127.92	765.39	202.45	8.59	8.26
Shareholders' Equity	2,795	4,496	5,483	3,944	3,298
Total Liabilities & Equity	6,276	6,022	7,472	4,584	3,741
Total Debt	5.65	0.84	1.65	20.02	0.84
Net Cash (Debt)	1,360	1,697	3,769	2,176	1,657
Net Cash Growth	-19.84%	-54.97%	73.21%	31.29%	13.45%
Net Cash Per Share	0.98	1.21	2.70	1.63	1.24
Filing Date Shares Outstanding	1,393	1,393	1,405	1,337	1,179
Total Common Shares Outstanding	1,393	1,393	1,405	1,337	1,179
Working Capital	144.01	1,368	2,714	2,608	2,079
Book Value Per Share	1.92	2.68	3.76	2.94	2.79
Tangible Book Value	2,448	3,505	5,049	3,885	3,237
Tangible Book Value Per Share	1.76	2.52	3.59	2.91	2.74
Buildings	1,188	1,020	973.56	609.24	430.75
Machinery	2,027	1,939	1,821	925.79	701.65
Construction In Progress	681.25	620.23	228.71	70.74	294.97

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