SHE:301148 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	148.43	88.87	267.26	287.23	144.32
Trading Asset Securities	728.42	835.9	721.98	734.35	7.89
Cash & Short-Term Investments	876.85	924.77	989.24	1,022	152.2
Cash Growth	-5.18%	-6.52%	-3.17%	571.19%	9.79%
Accounts Receivable	631.31	650.71	594.21	565.3	375.13
Other Receivables	7.36	6.62	8.21	9.03	5.91
Receivables	638.67	657.33	602.42	574.34	381.03
Inventory	182.49	178.51	212.79	221.93	223.69
Other Current Assets	28.46	27	30.87	34.27	29.25
Total Current Assets	1,726	1,788	1,835	1,852	786.17
Property, Plant & Equipment	398.71	359.28	266.67	260.67	246.66
Long-Term Investments	26.85	12.31	7.57	3.82	4.57
Other Intangible Assets	29.83	31.12	32.62	23.52	8.62
Long-Term Accounts Receivable	-	6.12	1.72	8.99	4.38
Long-Term Deferred Tax Assets	29.73	22.62	16.35	11.15	9.53
Long-Term Deferred Charges	1.96	15.74	25.78	45.9	35.35
Other Long-Term Assets	17.8	0.15	7.39	1.03	0.76
Total Assets	2,231	2,235	2,193	2,207	1,096
Accounts Payable	159.8	148.44	149.3	182.58	147.25
Accrued Expenses	31.66	33.24	35.49	32.94	42.86
Short-Term Debt	8.02	24.73	15.1	36.03	19.62
Current Portion of Long-Term Debt	26.8	32.25	15.7	15.06	14.05
Current Portion of Leases	-	1.5	1.2	1.09	1.09
Current Income Taxes Payable	10.47	3.53	4.38	0.51	9.42
Current Unearned Revenue	64.04	73.03	97.27	92.71	90.96
Other Current Liabilities	17.07	16.45	8.65	33.78	17.63
Total Current Liabilities	317.86	333.17	327.09	394.68	342.87
Long-Term Debt	121.18	124.57	91.15	58.11	49.52
Long-Term Leases	-	0.39	1.47	0.72	0.7
Long-Term Unearned Revenue	21.56	18.52	15.58	16.09	16.49
Long-Term Deferred Tax Liabilities	0.06	0.05	0.07	0.5	0.1
Other Long-Term Liabilities	8.83	7.85	5.73	4.69	3.89
Total Liabilities	469.49	484.54	441.09	474.8	413.58
Common Stock	116.5	116.5	116.5	116.5	87.37
Additional Paid-In Capital	1,023	1,028	1,024	1,016	43.52
Retained Earnings	620.85	614.85	610.05	597.42	551.4
Treasury Stock	-2.16	-10.34	-	-	-
Comprehensive Income & Other	1.22	0.38	0.11	-0.16	-0.63
Total Common Equity	1,759	1,750	1,750	1,730	681.65
Minority Interest	2.6	0.57	1.93	2.19	0.82
Shareholders' Equity	1,762	1,750	1,752	1,732	682.48
Total Liabilities & Equity	2,231	2,235	2,193	2,207	1,096
Total Debt	156	183.44	124.62	111.01	84.99
Net Cash (Debt)	720.85	741.33	864.62	910.58	67.22
Net Cash Growth	-2.76%	-14.26%	-5.05%	1254.70%	-1.57%
Net Cash Per Share	6.20	6.35	7.44	8.54	0.77
Filing Date Shares Outstanding	116.57	115.87	116.49	116.5	116.5
Total Common Shares Outstanding	116.57	115.87	116.5	116.5	87.37
Working Capital	1,409	1,454	1,508	1,457	443.3
Book Value Per Share	15.09	15.10	15.03	14.85	7.80
Tangible Book Value	1,729	1,719	1,718	1,707	673.03
Tangible Book Value Per Share	14.84	14.83	14.75	14.65	7.70
Buildings	-	115.74	92.07	90.79	88.72
Machinery	-	265.07	298.21	49.89	244.9
Construction In Progress	-	196.48	80.89	3.71	1.51
Order Backlog	-	292.49	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.