SHE:000629 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	1,229	1,337	1,645	2,371	606.82
Short-Term Investments	3,260	3,073	2,671	-	-
Cash & Short-Term Investments	4,489	4,410	4,316	2,371	606.82
Cash Growth	1.77%	2.18%	82.07%	290.68%	-82.12%
Accounts Receivable	324.49	322.44	868.15	582.74	478.8
Other Receivables	51.24	47.55	66.7	17.91	18.18
Receivables	375.72	369.99	934.85	600.65	496.98
Inventory	787.07	842.13	1,104	985.03	1,121
Prepaid Expenses	0.09	3.71	-	8.06	-
Other Current Assets	153.49	267.7	158.23	27.8	116.31
Total Current Assets	5,805	5,894	6,513	3,992	2,341
Property, Plant & Equipment	6,532	6,689	6,479	5,718	5,712
Long-Term Investments	1,335	1,343	1,350	1,291	1,235
Other Intangible Assets	447.99	470.16	412.23	379.57	454.06
Long-Term Deferred Tax Assets	11.99	61.16	78	82.28	31.67
Long-Term Deferred Charges	-	-	8.57	12	-
Other Long-Term Assets	377.8	385.09	492.85	459.86	436.1
Total Assets	14,510	14,842	15,334	11,935	10,211
Accounts Payable	762.67	576.24	850.42	912.87	566.33
Accrued Expenses	45.51	30.6	28.45	42.84	59.57
Short-Term Debt	120.08	126.1	66	56.24	55.18
Current Portion of Long-Term Debt	21.09	61	2.5	-	-
Current Portion of Leases	4.3	28.86	11.05	-	-
Current Income Taxes Payable	12.08	6.3	23.1	34.18	37.56
Current Unearned Revenue	14.88	16.45	8.45	10.02	2.39
Other Current Liabilities	427.12	596.56	1,172	1,118	1,030
Total Current Liabilities	1,408	1,442	2,162	2,174	1,751
Long-Term Debt	142.69	-	60.94	39.69	-
Long-Term Leases	9.51	11.3	33.42	19.77	13.15
Long-Term Unearned Revenue	3.19	1.71	3.1	3.11	6.02
Long-Term Deferred Tax Liabilities	92.43	120.43	118.67	102.51	93.2
Other Long-Term Liabilities	245.09	404.66	420.01	425.33	403.09
Total Liabilities	1,901	1,980	2,798	2,764	2,266
Common Stock	9,291	9,295	9,295	8,602	8,590
Additional Paid-In Capital	5,229	5,233	5,235	3,704	3,681
Retained Earnings	-2,781	-2,688	-3,007	-4,064	-5,268
Treasury Stock	-100.99	-16.64	-25.54	-26.42	-
Comprehensive Income & Other	644.38	647.36	627.42	578.94	523.02
Total Common Equity	12,282	12,471	12,125	8,795	7,526
Minority Interest	327.48	390.64	411.57	376.4	418.69
Shareholders' Equity	12,610	12,862	12,537	9,171	7,944
Total Liabilities & Equity	14,510	14,842	15,334	11,935	10,211
Total Debt	297.66	227.26	173.91	115.7	68.33
Net Cash (Debt)	4,191	4,183	4,142	2,255	538.49
Net Cash Growth	0.18%	0.98%	83.70%	318.76%	-83.57%
Net Cash Per Share	0.45	0.45	0.46	0.26	0.06
Filing Date Shares Outstanding	9,291	9,295	9,295	8,553	8,590
Total Common Shares Outstanding	9,291	9,295	9,295	8,553	8,590
Working Capital	4,397	4,452	4,351	1,818	590.68
Book Value Per Share	1.32	1.34	1.30	1.03	0.88
Tangible Book Value	11,834	12,001	11,713	8,415	7,072
Tangible Book Value Per Share	1.27	1.29	1.26	0.98	0.82
Buildings	4,224	3,937	3,657	3,596	3,617
Machinery	6,325	5,980	5,339	5,114	4,915
Construction In Progress	16.32	477.98	882.59	187.62	142.17

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