SHE:301246 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	472.74	745.59	421.86	395.19	120.43
Short-Term Investments	-	379.25	292.31	90	-
Trading Asset Securities	1,128	900.32	1,466	-	-
Cash & Short-Term Investments	1,601	2,025	2,180	485.19	120.43
Cash Growth	-20.95%	-7.10%	349.31%	302.89%	-55.02%
Accounts Receivable	904.42	559.44	602.64	660.21	458.16
Other Receivables	46.7	79.89	141.67	87.6	45.85
Receivables	951.12	639.33	744.3	747.8	504.01
Inventory	319.01	270.53	191.51	352.95	384.48
Other Current Assets	425.86	111.34	86.43	78.98	20.72
Total Current Assets	3,297	3,046	3,202	1,665	1,030
Property, Plant & Equipment	2,364	2,292	1,910	1,620	891.27
Long-Term Investments	211.24	203.64	228.08	335.12	242.35
Other Intangible Assets	178.84	181.89	183.06	173.62	194.15
Long-Term Deferred Tax Assets	19.66	17.26	17.56	21.22	17.72
Long-Term Deferred Charges	4.08	5.52	5.95	6.86	11.98
Other Long-Term Assets	89.59	78.06	103.9	53.27	45.14
Total Assets	6,165	5,825	5,651	3,875	2,432
Accounts Payable	798.99	777.27	636.79	934.95	340.92
Accrued Expenses	34.08	55.28	57.54	65.7	57.98
Short-Term Debt	60.04	59.32	-	17.64	20.1
Current Portion of Long-Term Debt	96.57	77.01	65.9	66.09	2.84
Current Portion of Leases	-	0.74	0.6	0.56	0.53
Current Income Taxes Payable	27.23	3.56	1.15	38.29	45.65
Current Unearned Revenue	19.79	13.87	19.8	31.01	29.66
Other Current Liabilities	204.51	148.94	133.04	165.66	120.05
Total Current Liabilities	1,241	1,136	914.83	1,320	617.73
Long-Term Debt	368.34	230.36	276.12	341.67	47.22
Long-Term Leases	6.42	7.16	6.9	8.19	8.23
Long-Term Unearned Revenue	68.08	68.64	71.55	70.45	60.8
Long-Term Deferred Tax Liabilities	21.73	21.62	21.54	21.31	20.3
Total Liabilities	1,706	1,464	1,291	1,762	754.27
Common Stock	400.01	400.01	400.01	352.75	352.75
Additional Paid-In Capital	2,177	2,172	2,172	22.15	20.62
Retained Earnings	1,925	1,818	1,786	1,739	1,304
Treasury Stock	-47.15	-32.8	-	-	-
Comprehensive Income & Other	4.97	3.37	1.89	0	0.46
Total Common Equity	4,460	4,361	4,360	2,114	1,678
Minority Interest	-0.73	0.47	-	-	-
Shareholders' Equity	4,459	4,361	4,360	2,114	1,678
Total Liabilities & Equity	6,165	5,825	5,651	3,875	2,432
Total Debt	531.36	374.59	349.51	434.14	78.92
Net Cash (Debt)	1,070	1,651	1,831	51.05	41.51
Net Cash Growth	-35.20%	-9.83%	3485.91%	22.99%	-62.14%
Net Cash Per Share	2.69	4.14	4.72	0.14	0.12
Filing Date Shares Outstanding	409.17	396.81	399.9	400.01	352.75
Total Common Shares Outstanding	409.17	397.89	400.01	352.75	352.75
Working Capital	2,056	1,910	2,287	345.02	411.91
Book Value Per Share	10.90	10.96	10.90	5.99	4.76
Tangible Book Value	4,281	4,179	4,177	1,940	1,484
Tangible Book Value Per Share	10.46	10.50	10.44	5.50	4.21
Buildings	-	833.02	719.62	395.96	329.31
Machinery	-	1,649	1,470	782.58	657
Construction In Progress	-	630.57	375.86	946.39	334.11

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