SHE:000551 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,497	1,246	1,162	1,293	979.82
Cash & Short-Term Investments	1,497	1,246	1,162	1,293	979.82
Cash Growth	20.17%	7.16%	-10.10%	31.95%	-1.34%
Accounts Receivable	1,163	1,133	1,030	940.55	905.35
Other Receivables	18.34	81.57	69.92	57.85	87.56
Receivables	1,181	1,215	1,100	998.4	992.9
Inventory	1,254	1,419	1,434	1,439	1,239
Prepaid Expenses	-	-	-	-	0
Other Current Assets	332.03	154.09	330.49	453.46	379.42
Total Current Assets	4,264	4,034	4,027	4,184	3,591
Property, Plant & Equipment	1,025	927.33	943.93	955.94	986.58
Long-Term Investments	677.88	820.94	760.02	700.46	436.64
Goodwill	24.28	30.67	50.78	70.96	46.68
Other Intangible Assets	160.19	165.72	170.94	178.35	162.72
Long-Term Accounts Receivable	-	6.98	16.31	19.64	25.34
Long-Term Deferred Tax Assets	104.72	102.67	84.38	76.23	71.91
Long-Term Deferred Charges	2.75	3.17	3.05	3.81	3.94
Other Long-Term Assets	166.75	121.79	108.35	115.34	128.33
Total Assets	6,425	6,213	6,165	6,305	5,453
Accounts Payable	1,327	1,221	1,213	1,364	1,327
Accrued Expenses	109.39	74.18	87.98	143.39	62.97
Short-Term Debt	224.04	311.07	579.03	541.51	611.33
Current Portion of Long-Term Debt	-	10.03	10.07	0.14	-
Current Portion of Leases	-	8.22	7.61	7.13	5.98
Current Income Taxes Payable	-	19.62	12.38	6.31	6.52
Current Unearned Revenue	270.49	425.61	619.97	660.96	440.89
Other Current Liabilities	327.68	304.06	93.96	67.56	86.5
Total Current Liabilities	2,259	2,374	2,624	2,791	2,541
Long-Term Debt	-	35	85	120	-
Long-Term Leases	1.49	9.81	17.66	6.62	13.06
Long-Term Unearned Revenue	59.5	51.07	52.76	52.64	52.86
Long-Term Deferred Tax Liabilities	79.64	76.49	55.82	92.93	49.17
Total Liabilities	2,399	2,546	2,835	3,063	2,656
Common Stock	484.73	403.94	403.98	403.98	400.08
Additional Paid-In Capital	322.87	400.68	398.12	390.33	379.87
Retained Earnings	1,841	1,585	1,362	1,235	1,071
Treasury Stock	-6.47	-13.2	-20.65	-20.65	-
Comprehensive Income & Other	262.89	244.31	194.73	289.12	144.92
Total Common Equity	2,905	2,620	2,338	2,297	1,995
Minority Interest	1,121	1,047	991.83	944	801.05
Shareholders' Equity	4,026	3,667	3,330	3,241	2,796
Total Liabilities & Equity	6,425	6,213	6,165	6,305	5,453
Total Debt	225.53	374.13	699.37	675.4	630.36
Net Cash (Debt)	1,271	871.41	462.91	617.48	349.46
Net Cash Growth	45.88%	88.24%	-25.03%	76.70%	-16.02%
Net Cash Per Share	2.63	1.81	0.95	1.28	0.73
Filing Date Shares Outstanding	483.63	481.61	480.1	480.1	480.1
Total Common Shares Outstanding	483.63	481.61	480.1	480.1	480.1
Working Capital	2,005	1,660	1,403	1,393	1,049
Book Value Per Share	6.01	5.44	4.87	4.79	4.16
Tangible Book Value	2,720	2,424	2,116	2,048	1,786
Tangible Book Value Per Share	5.62	5.03	4.41	4.27	3.72
Buildings	-	870.3	867.93	861.04	858.2
Machinery	-	1,104	1,151	1,110	1,042
Construction In Progress	-	34.7	8.37	3.99	16.15

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