SHE:000623 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	1,163	1,107	1,720	1,438	1,743
Short-Term Investments	-	-	-	788	704
Trading Asset Securities	1,800	1,568	1,658	1,640	2,189
Cash & Short-Term Investments	2,963	2,675	3,378	3,866	4,635
Cash Growth	10.76%	-20.81%	-12.62%	-16.59%	2.71%
Accounts Receivable	1,001	1,157	1,407	1,056	964.31
Other Receivables	25.25	23.18	29.98	60.31	68.53
Receivables	1,027	1,181	1,437	1,116	1,033
Inventory	802.1	936.9	872.35	874.57	591.88
Prepaid Expenses	-	-	-	-	0.16
Other Current Assets	31.38	40.41	57.55	124.69	65.59
Total Current Assets	4,823	4,833	5,745	5,982	6,326
Property, Plant & Equipment	2,356	2,558	2,534	2,339	2,296
Long-Term Investments	26,473	24,647	23,003	21,891	19,637
Other Intangible Assets	404.52	437.32	435.35	365.08	359.61
Long-Term Deferred Tax Assets	269.99	326.23	309.84	303.12	164.27
Long-Term Deferred Charges	37.63	111.57	163.96	212.25	188.02
Other Long-Term Assets	54.04	88.33	75.77	89.83	96.53
Total Assets	34,418	33,002	32,266	31,182	29,067
Accounts Payable	310.42	425.71	418.59	450.97	238.22
Accrued Expenses	113.71	106.87	148.94	183.15	111.71
Short-Term Debt	903.02	1,255	678.31	651.27	355.52
Current Portion of Long-Term Debt	24.07	-	2,315	-	-
Current Portion of Leases	9.29	22.48	17.88	18.23	25.41
Current Income Taxes Payable	3.59	5.9	28.28	11.52	19.31
Current Unearned Revenue	31.68	36.25	26.26	82.25	18.36
Other Current Liabilities	618.28	611.75	834.8	817.97	687.19
Total Current Liabilities	2,014	2,464	4,468	2,215	1,456
Long-Term Debt	1,299	995.22	-	2,303	2,211
Long-Term Leases	3.18	16.51	21.49	17.55	23.38
Long-Term Unearned Revenue	212.98	223.87	247.38	281.6	313.86
Long-Term Deferred Tax Liabilities	1.36	20.17	30.03	26.06	24.21
Total Liabilities	3,531	3,720	4,767	4,844	4,029
Common Stock	1,196	1,196	1,168	1,163	1,163
Additional Paid-In Capital	4,898	4,852	4,035	3,947	3,980
Retained Earnings	24,275	22,466	21,871	20,741	19,243
Treasury Stock	-420.01	-300	-720.07	-570.07	-400.03
Comprehensive Income & Other	717.38	814.1	856.99	753.71	873.11
Total Common Equity	30,667	29,028	27,212	26,034	24,859
Minority Interest	220.23	254.65	288.01	303.54	179.26
Shareholders' Equity	30,887	29,282	27,500	26,338	25,039
Total Liabilities & Equity	34,418	33,002	32,266	31,182	29,067
Total Debt	2,239	2,289	3,032	2,990	2,616
Net Cash (Debt)	724	385.96	346.02	875.84	2,020
Net Cash Growth	87.58%	11.54%	-60.49%	-56.63%	-0.57%
Net Cash Per Share	0.62	0.33	0.27	0.67	1.60
Filing Date Shares Outstanding	1,172	1,172	1,123	1,127	1,139
Total Common Shares Outstanding	1,172	1,180	1,123	1,127	1,139
Working Capital	2,809	2,369	1,277	3,767	4,870
Book Value Per Share	26.16	24.61	24.23	23.10	21.83
Tangible Book Value	30,262	28,590	26,776	25,669	24,500
Tangible Book Value Per Share	25.81	24.24	23.84	22.78	21.51
Buildings	2,290	2,287	2,202	2,138	2,039
Machinery	1,534	1,512	1,491	1,413	1,321
Construction In Progress	324.63	424.87	349.54	177.36	179.32

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