SHE:300978 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	527.96	498.86	491.11	786.11	800.72
Trading Asset Securities	240.88	180.53	81.76	30.82	228.97
Cash & Short-Term Investments	768.83	679.39	572.87	816.93	1,030
Cash Growth	13.16%	18.59%	-29.88%	-20.66%	23.92%
Accounts Receivable	679.77	731.03	735.14	558.56	569.05
Other Receivables	31.07	32.59	25.92	30.82	37
Receivables	710.84	763.62	761.05	589.37	606.05
Inventory	178.26	219.44	255.86	228.44	316.33
Other Current Assets	28.79	27.94	37.48	29.72	20.52
Total Current Assets	1,687	1,690	1,627	1,664	1,973
Property, Plant & Equipment	666.92	698.05	730.66	634.24	464.87
Long-Term Investments	58.29	80.98	81.01	80.9	-
Goodwill	25.52	45.37	45.37	45.37	45.37
Other Intangible Assets	126.63	137.75	146.46	149.59	158.16
Long-Term Deferred Tax Assets	77.02	77.7	76.25	74.74	33.82
Long-Term Deferred Charges	31.21	32.03	33.81	44.65	17.69
Other Long-Term Assets	8.16	5.91	16.48	27.27	6.79
Total Assets	2,680	2,768	2,757	2,721	2,699
Accounts Payable	448.55	551.13	575.78	337.57	335.01
Accrued Expenses	102.33	110.29	89.36	60.51	84.46
Short-Term Debt	270.24	152.89	108.97	411.33	324.74
Current Portion of Long-Term Debt	4.2	70.59	27.84	15.6	70.94
Current Portion of Leases	6.55	10.7	18.32	23.44	19.11
Current Income Taxes Payable	4.32	6.34	5.04	1.96	2.63
Current Unearned Revenue	9.45	11.81	12.85	23.17	12.33
Other Current Liabilities	23.93	11.83	95.83	141.53	209.25
Total Current Liabilities	869.57	925.59	933.99	1,015	1,058
Long-Term Debt	7.35	61.29	112.81	40.04	10.1
Long-Term Leases	35.97	26.38	36.78	54.76	64.94
Long-Term Unearned Revenue	16.04	19.44	18.18	21.6	25.29
Long-Term Deferred Tax Liabilities	17.56	16.03	19.05	24.76	14.53
Other Long-Term Liabilities	-	-	2.55	-	-
Total Liabilities	946.49	1,049	1,123	1,156	1,173
Common Stock	422.7	422.7	422.7	422.7	422.7
Additional Paid-In Capital	751.57	750.04	748.16	772.45	770.9
Retained Earnings	483.58	489.24	444.35	367.04	323.79
Comprehensive Income & Other	0.15	0.15	0.15	0.05	-0.49
Total Common Equity	1,658	1,662	1,615	1,562	1,517
Minority Interest	75.99	57.31	18.57	2.72	9.07
Shareholders' Equity	1,734	1,719	1,634	1,565	1,526
Total Liabilities & Equity	2,680	2,768	2,757	2,721	2,699
Total Debt	324.31	321.86	304.72	545.17	489.83
Net Cash (Debt)	444.52	357.52	268.15	271.76	539.87
Net Cash Growth	24.33%	33.33%	-1.33%	-49.66%	-19.32%
Net Cash Per Share	1.06	0.86	0.63	0.64	1.30
Filing Date Shares Outstanding	422.7	422.7	422.7	422.7	422.7
Total Common Shares Outstanding	422.7	422.7	422.7	422.7	422.7
Working Capital	817.16	764.8	693.27	649.36	914.14
Book Value Per Share	3.92	3.93	3.82	3.70	3.59
Tangible Book Value	1,506	1,479	1,424	1,367	1,313
Tangible Book Value Per Share	3.56	3.50	3.37	3.23	3.11
Buildings	512.67	512.67	491.73	182.63	182.63
Machinery	553.72	543.59	527.91	491.41	459.58
Construction In Progress	6.66	3.28	15.86	231.27	53.2

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