SHE:301682 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
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	599.2	751.53	739.65	429.94
Short-Term Investments	3	-	-	-
Trading Asset Securities	140.14	50	0.46	1.92
Cash & Short-Term Investments	742.34	801.53	740.11	431.86
Cash Growth	-7.38%	8.30%	71.38%	-
Accounts Receivable	2,305	1,949	1,870	1,900
Other Receivables	8.75	3.7	0.63	1.13
Receivables	2,313	1,953	1,870	1,901
Inventory	963.69	957.71	1,052	1,023
Prepaid Expenses	0.04	0.03	0	0.01
Other Current Assets	59.9	52.66	58.17	83.53
Total Current Assets	4,079	3,764	3,721	3,440
Property, Plant & Equipment	1,338	1,349	1,089	899.29
Long-Term Investments	22.09	21.62	20.74	19.78
Goodwill	0.16	0.16	0.16	0.16
Other Intangible Assets	89.72	88.69	89.88	72.86
Long-Term Deferred Tax Assets	101.83	96.51	88.84	65.76
Long-Term Deferred Charges	67.91	51.65	12.71	5.69
Other Long-Term Assets	42.42	26.51	70.17	148.67
Total Assets	5,741	5,399	5,093	4,652
Accounts Payable	688.97	715.74	601.88	677.85
Accrued Expenses	242.3	233.26	242.44	256.47
Short-Term Debt	266.81	163.15	253.18	343.47
Current Portion of Long-Term Debt	207.7	98.58	30.54	53.99
Current Portion of Leases	5.17	7.87	7.48	1.9
Current Income Taxes Payable	0.22	3.36	16.49	10.75
Current Unearned Revenue	28.98	17.74	19.68	37.63
Other Current Liabilities	53.74	66.42	35.75	35.87
Total Current Liabilities	1,494	1,306	1,207	1,418
Long-Term Debt	188.77	379.99	413.64	279.64
Long-Term Leases	37.93	29.09	32.87	7.9
Long-Term Unearned Revenue	96.04	81.84	77.53	80.83
Pension & Post-Retirement Benefits	9.68	8.74	6.86	6.69
Long-Term Deferred Tax Liabilities	45.32	46.02	45.32	30.43
Other Long-Term Liabilities	43.09	69.62	73.16	32.93
Total Liabilities	1,915	1,921	1,857	1,856
Common Stock	91.16	91.16	91.16	89.1
Additional Paid-In Capital	128.9	128.9	128.9	130.44
Retained Earnings	2,576	2,331	2,163	1,858
Comprehensive Income & Other	29.48	31.75	30.14	26.14
Total Common Equity	2,826	2,582	2,413	2,104
Minority Interest	1,000	895.07	823.46	692.21
Shareholders' Equity	3,826	3,478	3,236	2,796
Total Liabilities & Equity	5,741	5,399	5,093	4,652
Total Debt	706.38	678.67	737.7	686.9
Net Cash (Debt)	35.96	122.85	2.41	-255.04
Net Cash Growth	-70.73%	4998.80%	-	-
Net Cash Per Share	0.39	1.56	0.03	-2.80
Filing Date Shares Outstanding	91.16	91.16	91.08	91.1
Total Common Shares Outstanding	91.16	91.16	91.08	91.1
Working Capital	2,585	2,458	2,514	2,022
Book Value Per Share	31.00	28.33	26.49	23.09
Tangible Book Value	2,736	2,494	2,323	2,031
Tangible Book Value Per Share	30.01	27.35	25.50	22.29
Buildings	824.54	510.79	467.04	465.73
Machinery	1,278	1,232	1,087	945.75
Construction In Progress	26.68	309.74	143.26	26.73

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