SHE:300838 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	68.58	92.28	105.88	143.49	62.37
Trading Asset Securities	10.07	-	-	-	163.63
Cash & Short-Term Investments	78.65	92.28	105.88	143.49	226
Cash Growth	-14.77%	-12.85%	-26.21%	-36.51%	-29.29%
Accounts Receivable	857.55	738.19	714.12	605.65	412.28
Other Receivables	18.48	16.17	11.8	42.83	7.24
Receivables	876.03	754.35	725.92	648.48	419.52
Inventory	255.25	215.34	199.24	199.05	174.54
Prepaid Expenses	-	0.58	0.84	1	1.33
Other Current Assets	12.79	9.79	6.56	7.72	14.94
Total Current Assets	1,223	1,072	1,038	999.75	836.33
Property, Plant & Equipment	389.58	325.11	322.91	346.2	261.62
Long-Term Investments	32.88	25.93	20.19	10	-
Goodwill	67.43	33.38	-	-	-
Other Intangible Assets	70.27	42.36	43.12	43.9	44.72
Long-Term Deferred Tax Assets	21.82	12.12	8.78	5.28	6.03
Long-Term Deferred Charges	4.12	4.69	4.99	5.42	2.82
Other Long-Term Assets	32.97	24.63	17.13	1.44	86.81
Total Assets	1,842	1,541	1,456	1,412	1,238
Accounts Payable	345.07	397.71	342.73	364.85	241.64
Accrued Expenses	18.04	16.49	23.53	17.77	17.66
Short-Term Debt	177.2	79.36	27.01	38.92	71.83
Current Portion of Long-Term Debt	17.16	0.4	4.01	0.24	20.02
Current Portion of Leases	-	0.7	-	-	-
Current Income Taxes Payable	12.81	-	6.24	1.49	0.45
Current Unearned Revenue	36.49	28.63	27.86	40.67	34.32
Other Current Liabilities	103.36	15.79	9.1	12.02	12.31
Total Current Liabilities	710.13	539.07	440.49	475.96	398.24
Long-Term Debt	154.8	8.01	5	13.8	-
Long-Term Leases	0.78	1.51	-	-	-
Long-Term Unearned Revenue	8.68	4.67	3.08	3.06	1.91
Long-Term Deferred Tax Liabilities	4.18	0	-	-	-
Total Liabilities	878.57	553.26	448.57	492.82	400.15
Common Stock	137.98	137.98	137.17	136.34	136.34
Additional Paid-In Capital	376.27	373.25	368.93	354.91	353.45
Retained Earnings	435.69	484	500.89	427.91	348.37
Comprehensive Income & Other	0.01	-	-	-	-
Total Common Equity	949.95	995.23	1,007	919.16	838.17
Minority Interest	13.29	-7.92	-	-	-
Shareholders' Equity	963.24	987.31	1,007	919.16	838.17
Total Liabilities & Equity	1,842	1,541	1,456	1,412	1,238
Total Debt	349.95	89.98	36.02	52.96	91.86
Net Cash (Debt)	-271.3	2.3	69.86	90.53	134.14
Net Cash Growth	-	-96.71%	-22.83%	-32.51%	-53.04%
Net Cash Per Share	-1.96	0.02	0.51	0.66	0.99
Filing Date Shares Outstanding	160.56	137.98	137.17	136.34	136.34
Total Common Shares Outstanding	160.56	137.98	137.17	136.34	136.34
Working Capital	512.6	533.27	597.95	523.79	438.09
Book Value Per Share	5.92	7.21	7.34	6.74	6.15
Tangible Book Value	812.25	919.49	963.87	875.26	793.44
Tangible Book Value Per Share	5.06	6.66	7.03	6.42	5.82
Buildings	-	241.24	247.81	259.25	90.56
Machinery	-	203.72	172.49	171.34	110.33
Construction In Progress	-	-	1.1	2	137.95

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