SHE:301335 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	253.89	307.33	508.86	621.86	180.77
Trading Asset Securities	598.88	565.38	500.02	377.5	1.03
Cash & Short-Term Investments	852.76	872.71	1,009	999.35	181.8
Cash Growth	-2.29%	-13.50%	0.95%	449.70%	7.55%
Accounts Receivable	379.16	369.02	249.09	235.54	291.32
Other Receivables	16.63	9.28	11.77	9.59	11.21
Receivables	395.79	378.3	260.86	245.14	302.53
Inventory	474.94	429.24	675.81	379	196.69
Prepaid Expenses	-	-	-	-	1.65
Other Current Assets	275.15	163.73	81.25	245.82	81.58
Total Current Assets	1,999	1,844	2,027	1,869	764.25
Property, Plant & Equipment	594.54	594.76	423.85	312.51	355.2
Long-Term Investments	128.22	111.33	34.51	5	-
Other Intangible Assets	92.43	62.32	60.2	41.98	42.11
Long-Term Deferred Tax Assets	19.64	13.18	8.12	7.43	7.1
Long-Term Deferred Charges	7.92	14.12	10.12	18.35	13.22
Other Long-Term Assets	66.24	40.35	6.3	83.85	62.88
Total Assets	2,908	2,680	2,570	2,338	1,245
Accounts Payable	270.77	221.79	154.03	118.15	166.31
Accrued Expenses	44.09	52.97	44.26	40.21	33.18
Short-Term Debt	244.34	260.82	206.89	128.31	130.73
Current Portion of Long-Term Debt	69.06	4.04	-	-	-
Current Portion of Leases	-	31.91	6.03	1.94	2.65
Current Income Taxes Payable	7.35	3	5.22	7.67	16.77
Current Unearned Revenue	14.65	11.01	6.8	14.06	11.32
Other Current Liabilities	19.1	10.53	16.44	17.95	8.42
Total Current Liabilities	669.36	596.07	439.67	328.28	369.37
Long-Term Debt	269.99	140.84	180.18	103.14	103.15
Long-Term Leases	56.41	80.61	9.4	0.47	3.21
Long-Term Unearned Revenue	3.69	3.76	3.83	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.72	0.26
Total Liabilities	999.45	821.28	633.09	432.61	475.99
Common Stock	126.9	126	126	90	67.5
Additional Paid-In Capital	1,217	1,197	1,185	1,203	217.9
Retained Earnings	650.65	616.31	626.14	612.38	483.73
Treasury Stock	-74.54	-74.54	-	-	-
Comprehensive Income & Other	1.13	0.98	0.79	0.81	0.18
Total Common Equity	1,922	1,866	1,938	1,906	769.31
Minority Interest	-13.45	-7.44	-1.23	0.06	-0.55
Shareholders' Equity	1,908	1,859	1,937	1,906	768.76
Total Liabilities & Equity	2,908	2,680	2,570	2,338	1,245
Total Debt	639.8	518.22	402.5	233.86	239.73
Net Cash (Debt)	212.96	354.49	606.38	765.5	-57.93
Net Cash Growth	-39.92%	-41.54%	-20.79%	-	-
Net Cash Per Share	1.63	2.85	4.82	7.85	-0.61
Filing Date Shares Outstanding	170.98	121.61	124.67	126	94.5
Total Common Shares Outstanding	170.98	121.61	126	126	94.5
Working Capital	1,329	1,248	1,587	1,541	394.88
Book Value Per Share	11.24	15.35	15.38	15.13	8.14
Tangible Book Value	1,829	1,804	1,878	1,864	727.2
Tangible Book Value Per Share	10.70	14.83	14.90	14.79	7.70
Buildings	-	453.94	452.86	368.31	390.95
Machinery	-	71.39	42.25	37.5	35.24
Construction In Progress	-	110.71	38.37	0.65	-

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