SHE:000042 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	-	3,672	834.6	960.24	3,608
Cash & Short-Term Investments	6,149	3,672	834.6	960.24	3,608
Cash Growth	67.45%	339.97%	-13.08%	-73.39%	-29.48%
Accounts Receivable	-	314.95	230.03	174.21	185.13
Other Receivables	-	468.02	524.63	445.35	551.93
Receivables	-	1,253	1,243	1,067	1,114
Inventory	-	18,391	21,699	26,085	28,487
Prepaid Expenses	-	378.38	267.51	472.07	852.09
Other Current Assets	-	1,596	1,472	2,387	1,963
Total Current Assets	-	25,290	25,516	30,971	36,024
Property, Plant & Equipment	-	877.54	951.12	1,010	1,078
Long-Term Investments	-	229.87	471.71	483.09	510.94
Other Intangible Assets	-	0.83	1.7	2.1	1.37
Long-Term Deferred Tax Assets	-	1,404	1,968	2,100	1,879
Long-Term Deferred Charges	-	17.26	49.63	59.52	10.48
Other Long-Term Assets	-	2,811	1,988	2,061	1,934
Total Assets	-	30,631	30,945	36,687	41,438
Accounts Payable	-	2,652	2,621	3,163	3,801
Accrued Expenses	-	3,938	4,104	3,423	2,768
Short-Term Debt	-	-	-	-	100.14
Current Portion of Long-Term Debt	-	2,135	2,796	3,659	1,769
Current Portion of Leases	-	8.47	15.52	17.61	16.88
Current Income Taxes Payable	-	499.54	836.07	569.21	214.24
Current Unearned Revenue	-	7,240	2,964	5,837	8,407
Other Current Liabilities	-	1,894	1,183	1,298	1,534
Total Current Liabilities	-	18,368	14,519	17,967	18,610
Long-Term Debt	-	8,622	10,259	9,966	14,149
Long-Term Leases	-	7.85	14.37	24.68	16.05
Long-Term Deferred Tax Liabilities	-	494.91	507.27	445.01	366.31
Other Long-Term Liabilities	-	68.03	69.26	68.06	68.06
Total Liabilities	-	27,560	25,369	28,471	33,210
Common Stock	-	664.83	664.83	664.83	664.83
Additional Paid-In Capital	-	1,498	1,932	2,448	2,448
Retained Earnings	-	1,114	3,139	4,992	4,946
Comprehensive Income & Other	-	-	-	-	-12.92
Total Common Equity	3,296	3,277	5,736	8,105	8,046
Minority Interest	-	-206.47	-159.76	111.34	182.08
Shareholders' Equity	3,086	3,071	5,576	8,216	8,228
Total Liabilities & Equity	-	30,631	30,945	36,687	41,438
Total Debt	8,627	10,772	13,084	13,668	16,051
Net Cash (Debt)	-2,478	-7,100	-12,250	-12,708	-12,443
Net Cash Per Share	-3.73	-10.68	-18.43	-19.12	-18.71
Filing Date Shares Outstanding	664.61	664.83	664.83	664.83	664.83
Total Common Shares Outstanding	664.61	664.83	664.83	664.83	664.83
Working Capital	-	6,922	10,996	13,005	17,414
Book Value Per Share	4.96	4.93	8.63	12.19	12.10
Tangible Book Value	3,296	3,276	5,734	8,103	8,045
Tangible Book Value Per Share	4.96	4.93	8.63	12.19	12.10
Buildings	-	1,295	1,309	1,309	1,353
Machinery	-	252.48	253.53	264.19	264.66
Construction In Progress	-	-	-	-	1.72

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