SHE:301632 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	742.53	722.31	769.37	893.25
Trading Asset Securities	-	45.17	60	135	130
Cash & Short-Term Investments	1,340	787.71	782.31	904.37	1,023
Cash Growth	70.09%	0.69%	-13.50%	-11.62%	-11.94%
Accounts Receivable	-	770.42	650.32	485.19	279.62
Other Receivables	-	23.94	22.82	21.4	19.32
Receivables	-	794.35	673.14	506.59	298.94
Inventory	-	34.74	34.77	48.08	58.77
Prepaid Expenses	-	11.85	12.86	8.44	-
Other Current Assets	-	23.61	18.23	15.07	18.31
Total Current Assets	-	1,652	1,521	1,483	1,399
Property, Plant & Equipment	-	645.28	569.08	513.61	542.15
Long-Term Investments	-	36.97	49.6	69.5	56.06
Other Intangible Assets	-	348.11	353.18	358.19	368.84
Long-Term Deferred Tax Assets	-	64.04	47.46	37.79	29.88
Long-Term Deferred Charges	-	12.99	16.06	25.84	29.38
Other Long-Term Assets	-	27.08	42.19	4.28	9.17
Total Assets	-	2,787	2,599	2,492	2,435
Accounts Payable	-	313.49	254.98	160.83	143.94
Accrued Expenses	-	46.3	59.87	74.69	70.95
Current Portion of Leases	-	12.27	13.38	13.04	-
Current Income Taxes Payable	-	20.02	14.5	9.66	10.9
Current Unearned Revenue	-	230.96	211.28	217.02	216.55
Other Current Liabilities	-	81.14	64.86	50.55	80.23
Total Current Liabilities	-	704.17	618.88	525.79	522.57
Long-Term Leases	-	35.45	26.11	28.78	35.34
Long-Term Unearned Revenue	-	1.2	1.26	1.33	3.14
Long-Term Deferred Tax Liabilities	-	2.8	4.26	7.15	5.13
Total Liabilities	-	743.62	650.5	563.05	566.19
Common Stock	-	313.9	313.9	313.9	313.9
Additional Paid-In Capital	-	846.56	846.56	846.56	846.56
Retained Earnings	-	846.66	739.53	703.11	679.07
Comprehensive Income & Other	-	12.8	23.54	40.45	29.03
Total Common Equity	2,666	2,020	1,924	1,904	1,869
Minority Interest	-	23.18	24.84	24.7	-
Shareholders' Equity	2,687	2,043	1,948	1,929	1,869
Total Liabilities & Equity	-	2,787	2,599	2,492	2,435
Total Debt	44.94	47.72	39.49	41.83	35.34
Net Cash (Debt)	1,295	739.99	742.82	862.54	987.9
Net Cash Growth	74.99%	-0.38%	-13.88%	-12.69%	-14.90%
Net Cash Per Share	4.12	2.36	2.37	2.75	3.14
Filing Date Shares Outstanding	2.78	313.9	313.9	313.9	313.9
Total Common Shares Outstanding	418.56	313.9	313.9	313.9	313.9
Working Capital	-	948.09	902.43	956.76	876.71
Book Value Per Share	6.37	6.43	6.13	6.07	5.95
Tangible Book Value	2,320	1,672	1,570	1,546	1,500
Tangible Book Value Per Share	5.54	5.33	5.00	4.92	4.78
Buildings	-	356.51	356.51	356.51	-
Machinery	-	370.71	350.72	340.6	-
Construction In Progress	-	154.89	78.33	2.34	-

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