SHE:301339 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	138.22	85.47	328.93	161.18	38.14
Trading Asset Securities	3,396	2,330	2,849	3,429	3,427
Cash & Short-Term Investments	3,534	2,415	3,178	3,590	3,465
Cash Growth	46.33%	-24.02%	-11.47%	3.61%	-0.73%
Accounts Receivable	260.14	209.31	157.83	146.25	119.74
Other Receivables	291.41	208.15	318.68	260.83	264.8
Receivables	551.55	417.46	476.51	407.08	384.53
Inventory	107.35	97.64	85.51	58.43	49.01
Other Current Assets	20.87	19.9	15.25	18.58	15.09
Total Current Assets	4,214	2,950	3,756	4,074	3,914
Property, Plant & Equipment	477.73	418.33	359.88	266.95	274.65
Long-Term Investments	1,107	2,080	1,332	775.43	10
Goodwill	20.75	10.59	10.59	10.59	13.74
Other Intangible Assets	33.23	29.28	30.67	22.59	15.18
Long-Term Accounts Receivable	10.06	7.86	4.61	-	-
Long-Term Deferred Tax Assets	25.73	17.55	12.04	7.75	4.21
Long-Term Deferred Charges	4.89	7.14	12.14	17.44	27.16
Other Long-Term Assets	0.43	3.69	8.31	34.24	11.33
Total Assets	5,894	5,525	5,526	5,209	4,270
Accounts Payable	301.83	210.71	185.35	125.97	133.98
Accrued Expenses	31.63	29.88	33.59	30.27	21.47
Current Portion of Leases	9.82	9.26	7.53	6.94	4.84
Current Income Taxes Payable	21.04	7.2	4.33	6.79	10.99
Current Unearned Revenue	64.62	16.04	38.06	36.56	38.04
Other Current Liabilities	2,555	2,418	2,540	2,459	2,707
Total Current Liabilities	2,984	2,691	2,809	2,665	2,917
Long-Term Leases	21.9	5.6	11.1	14.67	16.37
Long-Term Unearned Revenue	9.26	-	-	0.02	0.08
Long-Term Deferred Tax Liabilities	16.63	21.02	13.69	3.69	1.37
Other Long-Term Liabilities	4.39	4.56	3.07	3.56	4.36
Total Liabilities	3,037	2,722	2,837	2,687	2,939
Common Stock	580.33	414.52	407	407	347
Additional Paid-In Capital	1,429	1,564	1,491	1,491	521.4
Retained Earnings	771.76	770.45	682.86	560.69	409.73
Treasury Stock	-62.37	-66.36	-	-	-
Comprehensive Income & Other	34	34	34	-	-
Total Common Equity	2,753	2,717	2,615	2,459	1,278
Minority Interest	104.58	85.94	74.3	62.98	53.07
Shareholders' Equity	2,857	2,803	2,689	2,522	1,331
Total Liabilities & Equity	5,894	5,525	5,526	5,209	4,270
Total Debt	31.72	14.86	18.63	21.61	21.21
Net Cash (Debt)	3,502	2,400	3,160	3,569	3,444
Net Cash Growth	45.92%	-24.04%	-11.46%	3.62%	-1.33%
Net Cash Per Share	6.04	4.21	5.54	7.04	7.09
Filing Date Shares Outstanding	580.33	580.33	569.8	569.8	485.8
Total Common Shares Outstanding	580.33	580.33	569.8	569.8	485.8
Working Capital	1,229	259.11	946.91	1,409	997.11
Book Value Per Share	4.74	4.68	4.59	4.32	2.63
Tangible Book Value	2,699	2,677	2,574	2,426	1,249
Tangible Book Value Per Share	4.65	4.61	4.52	4.26	2.57
Buildings	240.65	240.65	240.65	240.65	240.65
Machinery	348.12	214.51	160.94	46.75	43.83
Construction In Progress	11.9	47.08	-	-	-

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