SHE:300822 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	462.47	472.2	497.4	357.35	370.7
Cash & Short-Term Investments	462.47	472.2	497.4	357.35	370.7
Cash Growth	-2.06%	-5.07%	39.19%	-3.60%	-53.34%
Accounts Receivable	263.24	241.04	179.77	299.55	310.26
Other Receivables	2.09	3.04	3.38	6.94	4.24
Receivables	265.33	244.07	183.14	306.49	314.5
Inventory	167.77	175.45	177.14	240.38	333.18
Other Current Assets	43.14	35.46	41.43	35.28	37.34
Total Current Assets	938.71	927.18	899.12	939.5	1,056
Property, Plant & Equipment	509.51	539.75	549.66	524.92	435.16
Long-Term Investments	2.24	2.91	-	23.54	26.49
Goodwill	-	-	-	-	10.83
Other Intangible Assets	50.08	85.12	97.89	60.66	62.14
Long-Term Deferred Tax Assets	7.6	6.19	5.46	13.3	19.77
Long-Term Deferred Charges	0.84	1.92	1.83	2.61	1.84
Other Long-Term Assets	3.61	0.69	1.66	0.57	8.59
Total Assets	1,513	1,564	1,556	1,565	1,621
Accounts Payable	198.12	194.76	166.49	181.15	270.99
Accrued Expenses	31.54	25.31	20.95	21.49	21.65
Short-Term Debt	2.93	-	-	-	-
Current Portion of Leases	2.65	5.52	7.41	10.25	5.7
Current Income Taxes Payable	5.16	2.05	1.55	4.89	5.8
Current Unearned Revenue	2.18	2.74	3.49	2.95	7.32
Other Current Liabilities	26.67	47.84	57.05	84.42	76.91
Total Current Liabilities	269.25	278.23	256.93	305.15	388.36
Long-Term Leases	2.62	4.83	9.85	16.29	9.39
Long-Term Unearned Revenue	25.28	14.3	16.56	9.71	10.1
Long-Term Deferred Tax Liabilities	0	4.16	5.95	-	-
Other Long-Term Liabilities	-	1.7	-	-	-
Total Liabilities	297.16	303.22	289.3	331.15	407.85
Common Stock	311.54	311.54	240.01	160.01	160.01
Additional Paid-In Capital	501.2	501.2	580.21	580.21	585.22
Retained Earnings	446.44	465.26	433.85	490.25	468.87
Treasury Stock	-15.05	-15.05	-	-	-
Comprehensive Income & Other	-7.41	1.95	4.86	4.85	-1.25
Total Common Equity	1,237	1,265	1,259	1,235	1,213
Minority Interest	-21.29	-4.36	7.39	-1.37	-0.14
Shareholders' Equity	1,215	1,261	1,266	1,234	1,213
Total Liabilities & Equity	1,513	1,564	1,556	1,565	1,621
Total Debt	8.2	10.35	17.26	26.53	15.09
Net Cash (Debt)	454.27	461.85	480.14	330.82	355.6
Net Cash Growth	-1.64%	-3.81%	45.14%	-6.97%	-55.24%
Net Cash Per Share	1.47	1.49	1.54	1.06	1.14
Filing Date Shares Outstanding	309.96	309.96	312.01	312.01	312.01
Total Common Shares Outstanding	309.96	309.96	312.01	312.01	312.01
Working Capital	669.46	648.95	642.19	634.35	667.37
Book Value Per Share	3.99	4.08	4.03	3.96	3.89
Tangible Book Value	1,187	1,180	1,161	1,175	1,140
Tangible Book Value Per Share	3.83	3.81	3.72	3.76	3.65
Buildings	438.5	441.62	315.81	306.08	156.8
Machinery	246.59	244.07	233.63	230.04	185.32
Construction In Progress	10.22	-	109.88	53.73	135.02

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