SHE:300896 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	1,227	1,515	2,434	3,140	3,264
Short-Term Investments	469.78	344.85	299.28	80	-
Trading Asset Securities	2,154	2,878	1,204	703.69	370.51
Cash & Short-Term Investments	3,851	4,737	3,937	3,923	3,634
Cash Growth	-18.70%	20.32%	0.36%	7.96%	-15.44%
Accounts Receivable	137.89	168.45	206.07	127.76	72.35
Other Receivables	7.88	7.77	12.03	4.6	9.69
Receivables	145.76	176.23	218.1	132.36	82.04
Inventory	93.21	72.84	49.77	46.72	34.94
Other Current Assets	54.68	58.71	46.2	31.38	52.22
Total Current Assets	4,145	5,045	4,251	4,134	3,803
Property, Plant & Equipment	654.42	521.15	282.06	258.1	190.44
Long-Term Investments	1,959	2,280	1,860	1,408	1,213
Goodwill	1,641	278.24	244.89	244.89	-
Other Intangible Assets	367.79	110.19	114.92	116.64	11.99
Long-Term Deferred Tax Assets	18.56	7.23	17.72	8.48	9.59
Long-Term Deferred Charges	60.17	34.91	35.28	39	9.64
Other Long-Term Assets	62.02	63.85	46.54	49.52	34.25
Total Assets	8,908	8,340	6,852	6,259	5,272
Accounts Payable	49.69	82.99	44.7	19.34	8.55
Accrued Expenses	147.22	130.94	114.79	82.49	104.15
Current Portion of Leases	22.08	18.94	15	11.3	7.94
Current Income Taxes Payable	21.37	0.61	39.58	9.61	36.43
Current Unearned Revenue	84.13	84.56	50.63	14.71	12.74
Other Current Liabilities	322	25.87	32.97	86.72	8.78
Total Current Liabilities	646.5	343.91	297.67	224.17	178.59
Long-Term Leases	10.01	26.01	37.46	48.39	40.19
Long-Term Unearned Revenue	8.79	2.35	3.37	4.15	8.09
Long-Term Deferred Tax Liabilities	78.13	18.09	28.82	36.06	15.45
Total Liabilities	743.43	390.37	367.32	312.77	242.31
Common Stock	302.59	302.59	216.36	216.36	216.36
Additional Paid-In Capital	3,397	3,390	3,459	3,412	3,411
Retained Earnings	4,311	4,527	3,069	2,215	1,406
Treasury Stock	-399.78	-399.78	-399.78	-	-
Comprehensive Income & Other	-26.97	-22.39	2.87	2.81	-3.69
Total Common Equity	7,584	7,797	6,348	5,846	5,030
Minority Interest	580.67	153.06	137.1	99.65	0.18
Shareholders' Equity	8,165	7,950	6,485	5,946	5,030
Total Liabilities & Equity	8,908	8,340	6,852	6,259	5,272
Total Debt	32.09	44.96	52.46	59.69	48.12
Net Cash (Debt)	3,819	4,692	3,885	3,864	3,586
Net Cash Growth	-18.61%	20.79%	0.55%	7.74%	-16.56%
Net Cash Per Share	12.66	15.58	12.86	12.75	11.84
Filing Date Shares Outstanding	301.43	301.43	301.27	302.9	302.9
Total Common Shares Outstanding	301.43	301.43	301.27	302.9	302.9
Working Capital	3,498	4,701	3,954	3,910	3,625
Book Value Per Share	25.16	25.87	21.07	19.30	16.60
Tangible Book Value	5,575	7,409	5,988	5,485	5,018
Tangible Book Value Per Share	18.50	24.58	19.88	18.11	16.56
Buildings	283.57	204.55	205.02	185.1	118.95
Machinery	280.74	179.7	138.34	113.4	66.97
Construction In Progress	253.14	246.3	14.72	5.01	-

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