SHE:301108 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	649.22	403.81	665.16	1,005	1,416
Short-Term Investments	-	429.05	264.03	-	-
Trading Asset Securities	248.81	659.33	410.49	300.62	-
Cash & Short-Term Investments	898.03	1,492	1,340	1,305	1,416
Cash Growth	-39.82%	11.38%	2.64%	-7.80%	340.50%
Accounts Receivable	236.44	135.76	170.88	139.01	161.97
Other Receivables	59.93	8.53	3.44	1.9	9.7
Receivables	296.37	144.28	174.32	140.91	171.67
Inventory	90.64	77.19	68.93	64.18	142.63
Other Current Assets	262.89	8.06	4.63	5.16	12.8
Total Current Assets	1,548	1,722	1,588	1,515	1,743
Property, Plant & Equipment	582.54	299.43	263.7	235.98	276.34
Long-Term Investments	107.74	14.43	244.09	280.52	-
Other Intangible Assets	62.92	34.45	35.28	28.65	29.42
Long-Term Deferred Tax Assets	3.35	-	-	-	3.78
Long-Term Deferred Charges	23.03	2.79	1.87	-	-
Other Long-Term Assets	0.8	7.82	16.3	6.28	0.33
Total Assets	2,328	2,081	2,149	2,067	2,053
Accounts Payable	281.36	187.82	210.43	179.56	251.72
Accrued Expenses	14.65	9.69	12.99	9.89	11.35
Current Portion of Long-Term Debt	4.35	-	-	-	-
Current Portion of Leases	-	7.49	8.26	13.39	5.36
Current Income Taxes Payable	14.77	1.23	5.95	2.8	7.27
Current Unearned Revenue	1.05	3.7	1.45	28.39	11.22
Other Current Liabilities	67.35	2.77	2.84	2.16	4.48
Total Current Liabilities	383.53	212.7	241.92	236.18	291.39
Long-Term Debt	-	-	-	5.74	5.49
Long-Term Leases	27.65	1.18	9.65	12.77	29.11
Long-Term Unearned Revenue	16.45	15.97	19.51	18.3	14.8
Long-Term Deferred Tax Liabilities	16.63	21.52	17.74	14.74	18.3
Other Long-Term Liabilities	2.19	2.23	1	-	-
Total Liabilities	446.44	253.6	289.82	287.73	359.1
Common Stock	112.56	81.21	81.21	81.21	81.21
Additional Paid-In Capital	967.52	1,022	1,024	1,019	1,013
Retained Earnings	801.85	743.87	753.57	678.98	598.92
Treasury Stock	-	-20.06	-	-	-
Comprehensive Income & Other	-0.05	-	-	-	-
Total Common Equity	1,882	1,827	1,859	1,779	1,693
Minority Interest	-	0.01	0.3	-	-
Shareholders' Equity	1,882	1,827	1,859	1,779	1,693
Total Liabilities & Equity	2,328	2,081	2,149	2,067	2,053
Total Debt	32	8.67	17.91	31.89	39.96
Net Cash (Debt)	866.03	1,484	1,322	1,273	1,376
Net Cash Growth	-41.62%	12.24%	3.81%	-7.44%	407.47%
Net Cash Per Share	7.62	13.06	11.64	11.23	15.72
Filing Date Shares Outstanding	115.01	112.56	113.6	113.69	113.69
Total Common Shares Outstanding	115.01	112.56	113.69	113.69	113.69
Working Capital	1,164	1,509	1,346	1,279	1,451
Book Value Per Share	16.36	16.23	16.35	15.65	14.89
Tangible Book Value	1,819	1,793	1,823	1,750	1,664
Tangible Book Value Per Share	15.82	15.93	16.04	15.40	14.64
Buildings	-	147.96	105.94	64.63	64.63
Machinery	-	339.78	303.02	285.71	293.38
Construction In Progress	-	5.36	4.1	4.43	6.86

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