SHE:000417 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	1,478	1,548	2,426	3,445	3,373
Short-Term Investments	-	770.09	459.9	131.09	8
Trading Asset Securities	280	-	-	-	-
Cash & Short-Term Investments	1,758	2,318	2,886	3,576	3,381
Cash Growth	-24.16%	-19.66%	-19.31%	5.77%	8.84%
Accounts Receivable	238.34	208.58	157.41	176.91	136.02
Other Receivables	75.03	53.94	61.47	58.23	81.6
Receivables	313.37	262.52	218.88	235.14	217.62
Inventory	2,195	2,595	2,556	2,608	2,620
Prepaid Expenses	-	2.9	5.97	3.7	3.11
Other Current Assets	1,169	346.77	416.95	378.79	425.68
Total Current Assets	5,436	5,525	6,084	6,802	6,647
Property, Plant & Equipment	2,211	2,450	2,951	2,998	3,007
Long-Term Investments	1,393	2,077	1,631	932.12	378.24
Goodwill	3.29	3.29	3.29	2.12	2.12
Other Intangible Assets	1,014	1,054	1,069	1,106	1,141
Long-Term Deferred Tax Assets	122.07	127.96	142.11	154.79	153.15
Long-Term Deferred Charges	94.38	54.66	55.11	65.24	-
Other Long-Term Assets	1,979	1,920	1,214	1,011	1,565
Total Assets	12,252	13,211	13,150	13,071	12,893
Accounts Payable	1,108	1,589	1,295	1,129	1,285
Accrued Expenses	99.59	407.48	396.04	422.62	499.48
Short-Term Debt	124.74	257.15	354.23	741.4	823.51
Current Portion of Long-Term Debt	166.62	65.9	61.74	90.15	89.89
Current Portion of Leases	-	159.68	170.17	171.91	186.59
Current Income Taxes Payable	172.93	38.17	31.68	37.35	41.23
Current Unearned Revenue	2,102	2,529	2,725	2,776	2,653
Other Current Liabilities	1,122	986.72	921.39	880.54	835.18
Total Current Liabilities	4,896	6,033	5,955	6,248	6,414
Long-Term Debt	651.04	436.78	702.03	581.88	392.02
Long-Term Leases	670.18	764.55	670.24	801.81	861.94
Long-Term Unearned Revenue	117.9	120.69	127.12	131.35	102.27
Long-Term Deferred Tax Liabilities	138.93	110.42	108.19	99.27	87.18
Total Liabilities	6,474	7,466	7,563	7,863	7,857
Common Stock	779.88	779.88	779.88	779.88	779.88
Additional Paid-In Capital	316.11	390.26	390.26	308.99	308.99
Retained Earnings	3,604	3,530	3,425	3,216	3,087
Comprehensive Income & Other	0	0	0	-	-
Total Common Equity	4,700	4,700	4,595	4,305	4,176
Minority Interest	1,077	1,046	991.55	904.34	860.4
Shareholders' Equity	5,778	5,746	5,587	5,209	5,036
Total Liabilities & Equity	12,252	13,211	13,150	13,071	12,893
Total Debt	1,613	1,684	1,958	2,387	2,354
Net Cash (Debt)	145.53	634.29	927.24	1,189	1,027
Net Cash Growth	-77.05%	-31.59%	-22.02%	15.78%	-43.21%
Net Cash Per Share	0.19	0.81	1.19	1.52	1.32
Filing Date Shares Outstanding	780.09	779.88	779.88	779.88	779.88
Total Common Shares Outstanding	780.09	779.88	779.88	779.88	779.88
Working Capital	539.62	-507.81	128.51	553.64	233.46
Book Value Per Share	6.03	6.03	5.89	5.52	5.35
Tangible Book Value	3,683	3,642	3,523	3,196	3,033
Tangible Book Value Per Share	4.72	4.67	4.52	4.10	3.89
Buildings	-	2,709	2,710	2,738	2,739
Machinery	-	659.38	643.4	607.91	604.87
Construction In Progress	-	22.63	535.96	329.66	113.77

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