SHE:300987 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	542.85	487.92	536.49	594.52	590.69
Short-Term Investments	78.86	51.8	59.81	30.52	-
Cash & Short-Term Investments	621.71	539.72	596.31	625.03	590.69
Cash Growth	15.19%	-9.49%	-4.60%	5.81%	56.03%
Accounts Receivable	75.28	88.48	65.77	55.78	62.42
Other Receivables	3.66	4.23	4.92	5.12	7.35
Receivables	78.94	92.72	70.68	60.9	69.76
Inventory	1.6	1.51	1.33	0.28	0.29
Prepaid Expenses	0.05	2.88	0.15	0.15	0.15
Other Current Assets	5.61	4.85	4.81	3.66	4.48
Total Current Assets	707.9	641.67	673.28	690.02	665.37
Property, Plant & Equipment	191.37	250.27	131.32	91.8	99.82
Long-Term Investments	111.78	175.71	141.87	111.19	53.44
Other Intangible Assets	5.56	12.19	15.77	23.71	31.69
Long-Term Deferred Tax Assets	1.18	0.41	3.8	0.07	0.18
Long-Term Deferred Charges	21.43	23.77	1.31	1.32	1.78
Other Long-Term Assets	76.55	79.87	-	-	88.67
Total Assets	1,116	1,184	967.34	918.11	940.95
Accounts Payable	52.35	56.94	45.3	34.25	27.21
Accrued Expenses	44.43	45.12	38.11	24.97	24.48
Short-Term Debt	-	-	2.2	2.2	2.2
Current Portion of Leases	66	66.94	8.54	4.26	5.08
Current Income Taxes Payable	0.12	0.14	0.04	0.06	24.6
Current Unearned Revenue	42.69	45.55	42.65	40.61	35.47
Other Current Liabilities	6.14	6.99	3.35	2.15	6.79
Total Current Liabilities	211.74	221.66	140.19	108.49	125.82
Long-Term Leases	97.09	154.52	12.79	-	5.94
Long-Term Unearned Revenue	-	-	0.37	1.27	2.24
Long-Term Deferred Tax Liabilities	0.87	1.18	1.85	0.01	-
Total Liabilities	309.7	377.35	155.2	109.76	134
Common Stock	173.37	173.37	173.37	173.37	133.36
Additional Paid-In Capital	217.99	217.64	217.29	217.29	257.3
Retained Earnings	413.17	414.21	419.88	416.3	415.08
Total Common Equity	804.53	805.22	810.54	806.96	805.73
Minority Interest	1.54	1.32	1.6	1.4	1.21
Shareholders' Equity	806.07	806.54	812.14	808.35	806.94
Total Liabilities & Equity	1,116	1,184	967.34	918.11	940.95
Total Debt	163.09	221.45	23.53	6.46	13.22
Net Cash (Debt)	458.62	318.26	572.77	618.57	577.48
Net Cash Growth	44.10%	-44.44%	-7.40%	7.12%	52.54%
Net Cash Per Share	2.67	1.87	3.29	3.52	3.36
Filing Date Shares Outstanding	173.37	173.37	173.37	173.37	173.37
Total Common Shares Outstanding	173.37	173.37	173.37	173.37	173.37
Working Capital	496.16	420	533.09	581.54	539.55
Book Value Per Share	4.64	4.64	4.68	4.65	4.65
Tangible Book Value	798.97	793.03	794.77	783.25	774.04
Tangible Book Value Per Share	4.61	4.57	4.58	4.52	4.46
Buildings	17.6	17.56	93.41	92.08	89.65
Machinery	30.54	28.61	29.53	28.09	26.91
Construction In Progress	0.14	-	22.1	-	-

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