SHE:300776 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	401.17	485.44	526.52	419.41	593.2
Short-Term Investments	1,617	2,025	2,404	1,904	1,293
Trading Asset Securities	591.28	90.26	50.26	10	161.59
Cash & Short-Term Investments	2,609	2,601	2,981	2,333	2,048
Cash Growth	0.32%	-12.75%	27.77%	13.93%	82.25%
Accounts Receivable	1,733	1,569	1,360	972.53	725.94
Other Receivables	4.12	5.5	13.24	7.21	3.75
Receivables	1,737	1,575	1,373	979.73	729.68
Inventory	1,569	1,723	1,918	858.05	664.72
Other Current Assets	98.46	101.47	61.63	67.32	15.91
Total Current Assets	6,014	6,000	6,333	4,238	3,458
Property, Plant & Equipment	449.92	477.61	424.87	355.07	200.44
Long-Term Investments	23.14	6.03	-	-	-
Other Intangible Assets	89.58	63.27	66.87	48.76	47.41
Long-Term Accounts Receivable	1.92	18	-	-	-
Long-Term Deferred Tax Assets	49.94	28.72	8.27	26.68	20.33
Long-Term Deferred Charges	22.23	25.83	30.91	33.66	2.46
Other Long-Term Assets	2.78	1.34	5.97	4.7	26.07
Total Assets	6,653	6,621	6,870	4,707	3,755
Accounts Payable	185.09	285.26	677.16	288.34	134.4
Accrued Expenses	70.94	80.14	89.18	59.34	45.62
Short-Term Debt	-	-	-	4.99	-
Current Portion of Leases	3.33	2.58	2.71	2.39	0.48
Current Income Taxes Payable	5.8	0.24	0.74	0.57	0.03
Current Unearned Revenue	1,413	1,761	1,960	724.94	447.84
Other Current Liabilities	187.61	182.13	256.42	148.01	64.22
Total Current Liabilities	1,866	2,312	2,986	1,229	692.59
Long-Term Debt	802.12	778.87	751.46	721.35	697.89
Long-Term Leases	3.31	4.9	7.48	10.6	1.57
Long-Term Unearned Revenue	12.74	12.98	20.36	28.37	29.56
Long-Term Deferred Tax Liabilities	10.51	7.85	0.71	12.38	0.72
Other Long-Term Liabilities	40.2	40.06	32.18	26.51	25.14
Total Liabilities	2,735	3,156	3,798	2,028	1,447
Common Stock	274	273.09	273.08	170.67	106.27
Additional Paid-In Capital	827.48	788.08	777.81	871.91	895.62
Retained Earnings	2,718	2,305	1,873	1,492	1,160
Treasury Stock	-50.04	-50.04	-	-	-
Comprehensive Income & Other	148.93	148.26	148.43	144.97	145.3
Shareholders' Equity	3,918	3,464	3,072	2,679	2,307
Total Liabilities & Equity	6,653	6,621	6,870	4,707	3,755
Total Debt	808.77	786.35	761.65	739.33	699.93
Net Cash (Debt)	1,800	1,814	2,219	1,594	1,348
Net Cash Growth	-0.78%	-18.24%	39.26%	18.24%	19.96%
Net Cash Per Share	6.62	6.67	8.13	5.85	4.95
Filing Date Shares Outstanding	271.88	272.5	272.02	273.08	272.06
Total Common Shares Outstanding	271.88	272.03	273.08	273.07	272.05
Working Capital	4,148	3,688	3,347	3,010	2,766
Book Value Per Share	14.41	12.74	11.25	9.81	8.48
Tangible Book Value	3,829	3,401	3,005	2,630	2,260
Tangible Book Value Per Share	14.08	12.50	11.00	9.63	8.31
Buildings	416.28	268.81	250.19	249.9	36.45
Machinery	200.71	193.63	179.49	131.35	42.89
Construction In Progress	7.92	138.8	68.01	0.13	135.78

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