SHE:301349 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	-	162.3	261.57	45.01	19.75
Trading Asset Securities	-	1,389	1,419	2,014	-
Cash & Short-Term Investments	1,604	1,551	1,681	2,059	19.75
Cash Growth	3.36%	-7.70%	-18.36%	10324.41%	39.74%
Accounts Receivable	-	280.69	224.8	241.81	160.93
Other Receivables	-	20	24.38	16.13	17.95
Receivables	-	300.69	279.19	257.94	178.88
Inventory	-	213.12	267.39	206.1	72.97
Other Current Assets	-	33.4	14.03	40.4	13.02
Total Current Assets	-	2,099	2,242	2,563	284.62
Property, Plant & Equipment	-	567.35	587.38	383.41	279.86
Long-Term Investments	-	35.63	-	-	-
Goodwill	-	185.5	185.5	-	-
Other Intangible Assets	-	111.34	115.22	70.89	73.37
Long-Term Deferred Tax Assets	-	24.05	13.99	3.98	1.08
Long-Term Deferred Charges	-	2.03	1.13	-	4.67
Other Long-Term Assets	-	2.23	11.11	10.06	16.23
Total Assets	-	3,027	3,156	3,032	659.85
Accounts Payable	-	26.97	45.62	47.78	27.35
Accrued Expenses	-	13.83	9.39	21.47	9.25
Short-Term Debt	-	4	117.09	85.5	15
Current Portion of Long-Term Debt	-	50.13	7.06	-	29.54
Current Portion of Leases	-	0.51	0.79	-	-
Current Income Taxes Payable	-	4.89	0.69	10.33	4.61
Current Unearned Revenue	-	7.6	4.1	0.45	3.34
Other Current Liabilities	-	65.16	73.21	31.68	27.2
Total Current Liabilities	-	173.09	257.94	197.21	116.31
Long-Term Debt	-	118	93	-	31
Long-Term Leases	-	0.2	0.51	-	-
Long-Term Unearned Revenue	-	35.08	29.37	30.66	25.27
Long-Term Deferred Tax Liabilities	-	3.09	3.38	1.77	-
Total Liabilities	-	329.47	384.2	229.64	172.57
Common Stock	-	102	102	68	51
Additional Paid-In Capital	-	2,342	2,339	2,373	224.54
Retained Earnings	-	270.67	334.02	360.72	211.73
Treasury Stock	-	-35.21	-10.88	-	-
Comprehensive Income & Other	-	6.51	3.07	-	-
Total Common Equity	2,727	2,686	2,768	2,802	487.27
Minority Interest	-	11.55	4.13	-	-
Shareholders' Equity	2,752	2,697	2,772	2,802	487.27
Total Liabilities & Equity	-	3,027	3,156	3,032	659.85
Total Debt	401.29	172.85	218.44	85.5	75.54
Net Cash (Debt)	1,202	1,379	1,463	1,973	-55.79
Net Cash Growth	-12.79%	-5.74%	-25.89%	-	-
Net Cash Per Share	11.91	13.63	14.34	23.81	-0.73
Filing Date Shares Outstanding	100.97	100.94	102	102	76.5
Total Common Shares Outstanding	100.97	100.94	102	102	76.5
Working Capital	-	1,926	1,984	2,366	168.32
Book Value Per Share	27.01	26.61	27.13	27.47	6.37
Tangible Book Value	2,422	2,389	2,467	2,731	413.9
Tangible Book Value Per Share	24.00	23.67	24.18	26.78	5.41
Buildings	-	297.57	279.29	184.89	82.44
Machinery	-	382.39	367.67	161.57	59.41
Construction In Progress	-	26.77	25.86	70.46	159.37

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