SHE:000045 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	449.96	340.96	472.27	991.79	302.47
Trading Asset Securities	736.34	731.42	821.95	319.61	617.19
Cash & Short-Term Investments	1,186	1,072	1,294	1,311	919.66
Cash Growth	10.62%	-17.14%	-1.31%	42.59%	-4.57%
Accounts Receivable	870.37	917.84	893.94	765.62	651.42
Other Receivables	33.33	22.91	36.55	54.03	168.77
Receivables	903.71	940.75	930.49	819.65	820.19
Inventory	884.64	789.76	736.39	558.45	743.4
Other Current Assets	85.78	10.32	46.95	44.48	16.32
Total Current Assets	3,060	2,813	3,008	2,734	2,500
Property, Plant & Equipment	1,854	1,895	2,109	2,294	2,477
Long-Term Investments	266.85	280.23	273.67	302.16	349.09
Other Intangible Assets	31.22	35.21	39.56	44.19	48.64
Long-Term Deferred Tax Assets	55.78	58.92	60.61	69.82	3.71
Long-Term Deferred Charges	7.03	6.08	3.5	4.47	5.39
Other Long-Term Assets	142.82	143.79	155.12	168.87	179.78
Total Assets	5,418	5,232	5,650	5,617	5,564
Accounts Payable	344.66	335.91	439.6	327.05	376.27
Accrued Expenses	54.02	58.07	57.62	63.56	66.25
Short-Term Debt	-	-	8	7	37.58
Current Portion of Long-Term Debt	48.03	47.01	102.61	97.18	-
Current Portion of Leases	7.27	6.88	5.49	7	5.18
Current Income Taxes Payable	3.76	4.72	2.08	4.66	1.8
Current Unearned Revenue	3.13	0.49	1.44	4.27	0.07
Other Current Liabilities	264.39	226.9	267.14	293.53	262.25
Total Current Liabilities	725.26	679.98	883.98	804.26	749.39
Long-Term Debt	261.72	162.39	505.58	607.42	683.02
Long-Term Leases	10.42	9.5	6.69	8.63	4.24
Long-Term Unearned Revenue	83.47	96.35	97.49	117.81	110.46
Long-Term Deferred Tax Liabilities	47.06	48.61	44.18	47.97	61.64
Total Liabilities	1,128	996.83	1,538	1,586	1,609
Common Stock	506.52	506.52	506.52	506.52	506.52
Additional Paid-In Capital	1,826	1,826	1,826	1,826	1,826
Retained Earnings	409.33	376.87	320.42	271.55	223.56
Comprehensive Income & Other	237.39	242	228.72	244.71	254.8
Total Common Equity	2,980	2,952	2,882	2,849	2,811
Minority Interest	1,311	1,283	1,230	1,182	1,143
Shareholders' Equity	4,290	4,235	4,112	4,031	3,955
Total Liabilities & Equity	5,418	5,232	5,650	5,617	5,564
Total Debt	327.43	225.78	628.37	727.23	730.01
Net Cash (Debt)	858.87	846.6	665.85	584.16	189.65
Net Cash Growth	1.45%	27.15%	13.98%	208.02%	-69.44%
Net Cash Per Share	1.76	1.71	1.34	1.12	0.37
Filing Date Shares Outstanding	506.52	506.52	506.52	506.52	506.52
Total Common Shares Outstanding	506.52	506.52	506.52	506.52	506.52
Working Capital	2,335	2,133	2,124	1,930	1,750
Book Value Per Share	5.88	5.83	5.69	5.63	5.55
Tangible Book Value	2,948	2,917	2,843	2,805	2,763
Tangible Book Value Per Share	5.82	5.76	5.61	5.54	5.45
Buildings	726.29	727.39	717.86	742.71	771
Machinery	2,749	2,783	2,758	2,697	2,601
Construction In Progress	179.95	5.81	31.31	38.06	71.48

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