SHE:300859 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	299.94	281.41	311.8	233.3	259.34
Cash & Short-Term Investments	299.94	281.41	311.8	233.3	259.34
Cash Growth	6.58%	-9.75%	33.65%	-10.04%	2.50%
Accounts Receivable	2.86	2.02	3.14	5.56	1.83
Other Receivables	2.06	1.12	0.62	0.87	0.83
Receivables	4.92	3.14	3.76	6.44	2.65
Inventory	3.26	2.68	1.18	1.09	1.01
Prepaid Expenses	-	-	-	-	0
Other Current Assets	25.1	24.48	6.62	2.32	4.73
Total Current Assets	333.22	311.71	323.35	243.15	267.74
Property, Plant & Equipment	449.04	443.38	234.62	211.13	236.15
Long-Term Investments	100.22	96.61	92.41	85.78	86.37
Other Intangible Assets	110.02	116.97	123.43	125.86	132.64
Long-Term Deferred Tax Assets	0.99	0.86	0.93	0.91	0.48
Long-Term Deferred Charges	121.94	106.13	0.02	-	-
Other Long-Term Assets	10.18	14.57	7.5	16.3	10.52
Total Assets	1,126	1,090	782.26	683.13	733.9
Accounts Payable	74.02	74.47	6.84	9.43	8.34
Accrued Expenses	13.25	12.23	17.57	2.29	6.12
Current Portion of Long-Term Debt	53.88	17.6	-	37.05	9.97
Current Portion of Leases	-	3.74	1.65	0.18	0.16
Current Income Taxes Payable	0.21	0.55	0.85	-	0
Current Unearned Revenue	1.01	1.05	0.94	0.29	0.17
Other Current Liabilities	13.18	12.07	5.02	3.69	3.87
Total Current Liabilities	155.56	121.71	32.86	52.94	28.64
Long-Term Debt	90.34	106.98	-	-	50.07
Long-Term Leases	68.29	72.17	6	1.29	1.37
Long-Term Unearned Revenue	11.12	12.4	13.97	15.55	17.28
Long-Term Deferred Tax Liabilities	0.07	0.09	0.15	0.09	0.13
Total Liabilities	325.37	313.34	52.99	69.87	97.49
Common Stock	155	155	155	155	155
Additional Paid-In Capital	292.69	296.84	296.84	296.84	296.84
Retained Earnings	333.62	305.44	265.42	159.84	184.64
Comprehensive Income & Other	0.36	0.31	0.27	0.22	0.15
Total Common Equity	781.67	757.59	717.53	611.89	636.63
Minority Interest	18.56	19.31	11.74	1.36	-0.23
Shareholders' Equity	800.24	776.89	729.27	613.26	636.41
Total Liabilities & Equity	1,126	1,090	782.26	683.13	733.9
Total Debt	212.51	200.5	7.65	38.52	61.58
Net Cash (Debt)	87.43	80.91	304.14	194.78	197.77
Net Cash Growth	8.06%	-73.40%	56.15%	-1.51%	13.98%
Net Cash Per Share	0.56	0.52	1.96	1.26	1.25
Filing Date Shares Outstanding	160.23	155	155	155	155
Total Common Shares Outstanding	160.23	155	155	155	155
Working Capital	177.66	190	290.49	190.21	239.1
Book Value Per Share	4.88	4.89	4.63	3.95	4.11
Tangible Book Value	671.65	640.62	594.1	486.03	503.99
Tangible Book Value Per Share	4.19	4.13	3.83	3.14	3.25
Buildings	-	197.38	188.93	179.37	179.21
Machinery	-	373.2	246.61	213.35	101.42
Construction In Progress	-	26.71	0.04	-	3.06

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