SHE:300910 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	841.19	479.22	1,214	826.6	1,160
Trading Asset Securities	906.21	889.47	418.4	846.79	211.38
Cash & Short-Term Investments	1,747	1,369	1,632	1,673	1,372
Cash Growth	27.67%	-16.15%	-2.45%	21.99%	-16.03%
Accounts Receivable	639.83	638.98	382.57	259.56	226.67
Other Receivables	7.59	3.8	1.39	2.29	0.79
Receivables	647.42	642.77	383.96	261.85	227.46
Inventory	535.78	550.26	423.69	532.41	289.87
Other Current Assets	77.91	60.99	52.03	90.59	67.82
Total Current Assets	3,009	2,623	2,492	2,558	1,957
Property, Plant & Equipment	1,352	1,060	697.23	422.1	342.62
Long-Term Investments	359.31	240.14	223.51	119.06	-
Other Intangible Assets	238.13	194.64	143.54	127.86	72.12
Long-Term Deferred Tax Assets	10.3	24.32	29.21	41.49	1.74
Long-Term Deferred Charges	26.5	24.85	16.05	14.65	9.17
Other Long-Term Assets	101.96	135.58	177.49	113.28	75.33
Total Assets	5,096	4,302	3,779	3,397	2,458
Accounts Payable	371.67	391.67	307.73	385.99	247.98
Accrued Expenses	74.18	96.56	95.51	97.91	27.99
Short-Term Debt	527.41	194.19	-	-	-
Current Portion of Long-Term Debt	35.17	11.71	0.99	-	-
Current Portion of Leases	-	1.57	2.66	1.25	0.27
Current Income Taxes Payable	32.54	23.2	13.42	37.64	10.05
Current Unearned Revenue	9.67	16.72	83.64	87.66	7.51
Other Current Liabilities	44.96	23.68	20.91	22.41	5.81
Total Current Liabilities	1,096	759.31	524.87	632.86	299.62
Long-Term Debt	132.2	163.33	88.86	-	-
Long-Term Leases	6.37	0.55	1.72	1.36	0.34
Long-Term Unearned Revenue	6.63	6	-	-	-
Long-Term Deferred Tax Liabilities	6.43	6.59	9.97	9.74	-
Total Liabilities	1,247	935.78	625.42	643.96	299.96
Common Stock	295.94	291.79	288.23	150	150
Additional Paid-In Capital	1,809	1,722	1,636	1,643	1,531
Retained Earnings	1,945	1,557	1,206	944.9	476.78
Treasury Stock	-228.2	-228.2	-	-	-
Comprehensive Income & Other	-0.33	2.86	1.61	1.15	-0.05
Total Common Equity	3,821	3,345	3,132	2,739	2,158
Minority Interest	27.82	21.41	21.57	13.77	-
Shareholders' Equity	3,849	3,366	3,154	2,753	2,158
Total Liabilities & Equity	5,096	4,302	3,779	3,397	2,458
Total Debt	701.15	371.35	94.23	2.61	0.61
Net Cash (Debt)	1,046	997.35	1,538	1,671	1,371
Net Cash Growth	4.90%	-35.16%	-7.94%	21.85%	-16.07%
Net Cash Per Share	3.55	3.46	6.47	5.77	4.81
Filing Date Shares Outstanding	299.12	286.21	288.23	285	285
Total Common Shares Outstanding	299.12	286.21	288.23	285	285
Working Capital	1,913	1,863	1,967	1,925	1,657
Book Value Per Share	12.77	11.69	10.87	9.61	7.57
Tangible Book Value	3,583	3,150	2,989	2,611	2,086
Tangible Book Value Per Share	11.98	11.01	10.37	9.16	7.32
Buildings	-	17.74	209.57	136.78	120.06
Machinery	-	1,103	469.2	352.79	292.37
Construction In Progress	-	198.73	216.07	88.48	55.88

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