SHE:301038 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	501.16	604.67	473.11	592.92	555.28
Trading Asset Securities	120.08	-	-	-	-
Cash & Short-Term Investments	621.24	604.67	473.11	592.92	555.28
Cash Growth	2.74%	27.81%	-20.21%	6.78%	38.55%
Accounts Receivable	938.95	917.88	915.21	897.5	840.81
Other Receivables	13.18	9.37	9.81	7.54	8.08
Receivables	952.13	927.25	925.02	905.62	850.02
Inventory	-	-	21.65	-	38.5
Prepaid Expenses	-	0	0.07	-	-
Other Current Assets	38.01	9.66	12.41	14.36	25.68
Total Current Assets	1,611	1,542	1,432	1,513	1,469
Property, Plant & Equipment	224.12	235.21	220.95	153.11	159.76
Long-Term Investments	34.52	33.58	32.53	27.58	20.36
Other Intangible Assets	61.71	67.78	66.13	65.62	69.29
Long-Term Deferred Tax Assets	91.12	84.51	78.81	59.94	30.41
Long-Term Deferred Charges	6.05	9.29	10.33	10.9	37
Other Long-Term Assets	0.37	0.95	-	-	-
Total Assets	2,029	1,973	1,841	1,830	1,786
Accounts Payable	643.88	627.84	556.29	456.3	348.49
Accrued Expenses	111.55	205.57	183.31	177.79	167.76
Short-Term Debt	10	6	6.89	13.01	3.28
Current Portion of Long-Term Debt	2.06	-	-	-	-
Current Portion of Leases	-	2.88	5.46	12.56	15.4
Current Income Taxes Payable	86.13	2.63	5.08	11.47	13.85
Current Unearned Revenue	130.06	176.2	201.13	168.59	218.54
Other Current Liabilities	113.19	53.42	30.56	107.7	54.72
Total Current Liabilities	1,097	1,075	988.71	947.42	822.05
Long-Term Leases	0.94	0.92	6.21	8.15	16.15
Long-Term Unearned Revenue	0.45	0.15	0.51	0.94	0.3
Long-Term Deferred Tax Liabilities	0.45	0.58	1.71	3.05	-
Other Long-Term Liabilities	-	-	-	-	5.5
Total Liabilities	1,099	1,076	997.14	959.56	843.99
Common Stock	223.08	171.6	171.6	171.6	132
Additional Paid-In Capital	386.07	437.55	437.55	437.55	477.15
Retained Earnings	321.45	284.52	231.69	261.35	333.17
Total Common Equity	930.59	893.67	840.84	870.5	942.31
Minority Interest	-	3.04	3.04	-0	-
Shareholders' Equity	930.59	896.71	843.87	870.5	942.31
Total Liabilities & Equity	2,029	1,973	1,841	1,830	1,786
Total Debt	12.99	9.8	18.56	33.72	34.83
Net Cash (Debt)	608.25	594.87	454.55	559.2	520.45
Net Cash Growth	2.25%	30.87%	-18.71%	7.45%	29.86%
Net Cash Per Share	2.73	2.67	2.04	2.51	2.73
Filing Date Shares Outstanding	223.35	223.08	223.08	223.08	223.08
Total Common Shares Outstanding	223.35	223.08	223.08	223.08	223.08
Working Capital	514.53	467.04	443.55	565.48	647.43
Book Value Per Share	4.17	4.01	3.77	3.90	4.22
Tangible Book Value	868.88	825.89	774.71	804.88	873.02
Tangible Book Value Per Share	3.89	3.70	3.47	3.61	3.91
Buildings	-	227.89	192.99	10.7	10.7
Machinery	-	202.28	222.95	220.64	211.86
Construction In Progress	-	-	2.19	87.81	45.39

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