SHE:301305 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,024	1,005	1,225	475.82	416.23
Trading Asset Securities	-	50	175.38	-	0
Cash & Short-Term Investments	1,024	1,055	1,400	475.82	416.23
Cash Growth	-2.93%	-24.67%	194.21%	14.32%	-1.64%
Accounts Receivable	616.81	607.7	613.39	423.89	313.07
Other Receivables	11.37	9.37	8.39	6.06	7.61
Receivables	628.18	617.08	621.78	429.95	320.68
Inventory	164.1	59.72	180.69	69.04	39.59
Prepaid Expenses	-	0.04	-	-	-
Other Current Assets	156.34	164.86	153.05	128.29	139.3
Total Current Assets	1,972	1,896	2,355	1,103	915.8
Property, Plant & Equipment	720.1	665.48	570.85	550.07	520.82
Long-Term Investments	33.75	20.65	12.25	4.3	4.3
Other Intangible Assets	3,231	3,152	2,832	2,669	2,534
Long-Term Deferred Tax Assets	40.78	33.85	19.27	11.6	6.8
Long-Term Deferred Charges	7.29	8.03	5.92	2.45	2.16
Other Long-Term Assets	184.14	160.91	161.07	119	151.85
Total Assets	6,189	5,937	5,956	4,459	4,135
Accounts Payable	197.08	91.09	144.21	114	118.74
Accrued Expenses	41.43	144.34	97.14	85.55	87.9
Short-Term Debt	-	-	2	-	30.05
Current Portion of Long-Term Debt	160.59	142.1	167.66	147.25	115.62
Current Portion of Leases	-	1.11	1.73	0.25	0.23
Current Income Taxes Payable	27.65	8.61	2.47	6.74	4.23
Current Unearned Revenue	19.77	26.09	0.68	5.03	0.36
Other Current Liabilities	64.22	118.27	167.58	159.15	196.34
Total Current Liabilities	510.74	531.63	583.47	517.97	553.48
Long-Term Debt	1,567	1,554	1,716	1,862	1,798
Long-Term Leases	0.05	0.68	1.79	0.11	0.36
Long-Term Unearned Revenue	107.62	83.6	88.23	92.87	67.02
Long-Term Deferred Tax Liabilities	3.59	9.1	8.39	10.24	10.57
Other Long-Term Liabilities	103.09	78.93	56.74	37.01	19.43
Total Liabilities	2,292	2,258	2,455	2,520	2,449
Common Stock	241.23	243.57	243.57	182.68	182.68
Additional Paid-In Capital	2,180	2,218	2,194	830.05	830.05
Retained Earnings	1,372	1,155	963.22	833.07	590.54
Treasury Stock	-	-49.1	-	-	-
Comprehensive Income & Other	0.53	0.16	-	-	-
Total Common Equity	3,793	3,567	3,401	1,846	1,603
Minority Interest	103.67	111.84	100.94	93.58	82.68
Shareholders' Equity	3,897	3,679	3,502	1,939	1,686
Total Liabilities & Equity	6,189	5,937	5,956	4,459	4,135
Total Debt	1,728	1,698	1,889	2,009	1,945
Net Cash (Debt)	-704.27	-643.32	-489.35	-1,534	-1,528
Net Cash Per Share	-2.92	-2.66	-2.24	-8.40	-8.37
Filing Date Shares Outstanding	241.56	240.67	243.57	182.68	182.68
Total Common Shares Outstanding	241.56	240.67	243.57	182.68	182.68
Working Capital	1,462	1,365	1,772	585.14	362.33
Book Value Per Share	15.70	14.82	13.96	10.10	8.78
Tangible Book Value	562.28	415.42	569.15	-823	-930.24
Tangible Book Value Per Share	2.33	1.73	2.34	-4.51	-5.09
Buildings	-	255.81	228.86	227.4	209.74
Machinery	-	542.31	494.03	441.55	403.3
Construction In Progress	-	127.42	66.89	58.47	39.74

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