SHE:300911 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	89.18	925.51	1,455	1,019	961.12
Trading Asset Securities	411.81	260.87	-	-	280.24
Cash & Short-Term Investments	501	1,186	1,455	1,019	1,241
Cash Growth	-57.77%	-18.48%	42.80%	-17.90%	19.53%
Accounts Receivable	70.67	162.86	123.35	56.27	70.3
Other Receivables	13.72	18.96	1.3	10	9.13
Receivables	84.39	181.82	124.66	66.27	79.44
Inventory	49.06	81.62	88.23	97.81	105.75
Prepaid Expenses	-	0.01	4.98	-	2.22
Other Current Assets	33.42	8.87	15.5	20.91	26.01
Total Current Assets	667.87	1,459	1,689	1,204	1,455
Property, Plant & Equipment	670.03	788.92	560.34	448.84	228.81
Long-Term Investments	756.09	20.99	17.92	24.34	21.82
Other Intangible Assets	83.92	91.9	71.31	70.33	71.15
Long-Term Deferred Tax Assets	43.53	38.61	27.81	36.98	25.19
Long-Term Deferred Charges	1.25	1.12	6.52	9.2	4.25
Other Long-Term Assets	8.88	0.64	2.88	42.33	3.22
Total Assets	2,232	2,401	2,375	1,836	1,809
Accounts Payable	237.53	329.62	260.6	315.81	367.73
Accrued Expenses	8.86	37.28	40.09	30.81	60.11
Short-Term Debt	-	0.49	-	-	-
Current Portion of Long-Term Debt	85.58	0.08	0.04	-	-
Current Portion of Leases	-	1.29	1.25	2.35	2.47
Current Income Taxes Payable	9.76	13.2	7.57	16.07	23.71
Current Unearned Revenue	21.64	48.19	27.89	35.61	58.31
Other Current Liabilities	157.69	22	26.39	45.8	64.18
Total Current Liabilities	521.06	452.16	363.84	446.44	576.51
Long-Term Debt	408.28	460.41	435.72	-	-
Long-Term Leases	1.04	1.69	-	1.25	3.44
Long-Term Unearned Revenue	70.47	79.22	43.84	41.4	36.23
Long-Term Deferred Tax Liabilities	-	-	-	3.41	3.03
Other Long-Term Liabilities	54.66	-	-	-	-
Total Liabilities	1,056	993.48	843.4	492.5	619.22
Common Stock	183.34	138.46	106.75	107.4	108.09
Additional Paid-In Capital	682.98	640.34	670.12	677.29	693.69
Retained Earnings	285.08	594.33	673.28	558.7	413.84
Treasury Stock	-50	-50	-	-19.1	-42.81
Comprehensive Income & Other	74.66	84.27	81.91	19.33	17.19
Total Common Equity	1,176	1,407	1,532	1,344	1,190
Shareholders' Equity	1,176	1,407	1,532	1,344	1,190
Total Liabilities & Equity	2,232	2,401	2,375	1,836	1,809
Total Debt	494.9	463.97	437.02	3.6	5.91
Net Cash (Debt)	6.1	722.42	1,018	1,016	1,235
Net Cash Growth	-99.16%	-29.06%	0.27%	-17.80%	18.96%
Net Cash Per Share	0.03	4.01	5.64	5.62	6.84
Filing Date Shares Outstanding	186.4	177.72	180.41	181.5	182.68
Total Common Shares Outstanding	186.4	177.72	180.41	181.5	182.68
Working Capital	146.81	1,007	1,325	757.67	878.27
Book Value Per Share	6.31	7.92	8.49	7.40	6.51
Tangible Book Value	1,092	1,316	1,461	1,273	1,119
Tangible Book Value Per Share	5.86	7.40	8.10	7.02	6.12
Buildings	-	461.57	448.69	293.67	122.76
Machinery	-	491.56	227.43	141.58	121.13
Construction In Progress	-	8.27	12.92	106.67	58.38

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