SHE:301388 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	208.06	430.39	558.25	615.2	55.58
Trading Asset Securities	172.11	-	-	0	0.01
Cash & Short-Term Investments	380.18	430.39	558.25	615.2	55.59
Cash Growth	-11.67%	-22.91%	-9.26%	1006.77%	-49.63%
Accounts Receivable	184.4	201.6	186.92	203.99	184.18
Other Receivables	7.64	7.81	6.44	8.54	4.02
Receivables	192.04	209.41	193.36	212.52	188.2
Inventory	127.75	133.25	133.73	142.68	161.9
Other Current Assets	3.92	3.06	4.88	5.98	9.91
Total Current Assets	703.89	776.11	890.23	976.39	415.6
Property, Plant & Equipment	375.9	327.82	321.45	281.05	223.89
Long-Term Investments	3.9	1.77	0.64	-	-
Other Intangible Assets	44.18	45.09	32.09	36.74	37.94
Long-Term Deferred Tax Assets	13.77	12.48	10.66	6.37	5.07
Long-Term Deferred Charges	0.13	-	1.08	-	-
Other Long-Term Assets	87.04	11.47	15.25	22.59	13.64
Total Assets	1,229	1,175	1,271	1,323	696.14
Accounts Payable	112.04	109.82	106.11	114.57	123.23
Accrued Expenses	20.74	20.46	20.13	23.93	22.5
Short-Term Debt	55.63	17.26	47.1	102.58	84.95
Current Portion of Long-Term Debt	-	-	36.54	10.01	-
Current Portion of Leases	0.2	0.2	0.96	0.88	1.81
Current Income Taxes Payable	0.6	0.2	0.79	4.16	4.1
Current Unearned Revenue	5.2	4.05	4.41	4.27	4.55
Other Current Liabilities	25.48	25.32	21.14	22.38	29.5
Total Current Liabilities	219.9	177.31	237.17	282.78	270.64
Long-Term Debt	-	-	10.01	2	46
Long-Term Leases	-	0.19	0.44	0.82	0.71
Long-Term Unearned Revenue	10.32	9.72	11.45	8.54	9.94
Total Liabilities	230.22	187.23	259.08	294.14	327.28
Common Stock	102.45	102.45	102.45	102.45	76.84
Additional Paid-In Capital	669.62	669.68	669.68	669.69	100.97
Retained Earnings	207.86	196.95	217.49	236.15	175.63
Total Common Equity	979.93	969.09	989.63	1,008	353.44
Minority Interest	18.65	18.42	22.7	20.71	15.42
Shareholders' Equity	998.58	987.51	1,012	1,029	368.85
Total Liabilities & Equity	1,229	1,175	1,271	1,323	696.14
Total Debt	55.83	17.65	95.05	116.29	133.46
Net Cash (Debt)	324.35	412.74	463.2	498.91	-77.88
Net Cash Growth	-21.41%	-10.89%	-7.16%	-	-
Net Cash Per Share	3.22	4.04	4.54	6.18	-1.01
Filing Date Shares Outstanding	102.45	102.45	102.45	102.45	76.84
Total Common Shares Outstanding	102.45	102.45	102.45	102.45	76.84
Working Capital	483.99	598.8	653.05	693.61	144.97
Book Value Per Share	9.57	9.46	9.66	9.84	4.60
Tangible Book Value	935.76	924	957.54	971.54	315.5
Tangible Book Value Per Share	9.13	9.02	9.35	9.48	4.11
Buildings	172.33	172.33	162.91	190.2	75.73
Machinery	266.35	229.78	217.05	171.62	140.47
Construction In Progress	70.95	21.06	31.06	11.26	82.35

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