SHE:000652 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	3,530	3,350	3,343	3,466	3,514
Cash & Short-Term Investments	3,530	3,350	3,343	3,466	3,514
Cash Growth	5.38%	0.21%	-3.56%	-1.36%	17.32%
Accounts Receivable	10,310	11,240	9,788	8,221	6,626
Other Receivables	101.81	137.74	121.29	108.82	104.83
Receivables	10,411	11,377	9,910	8,330	6,731
Inventory	11,307	12,099	11,904	12,663	12,412
Prepaid Expenses	-	17.49	87.9	15.98	15.84
Other Current Assets	2,640	2,507	2,179	2,243	2,380
Total Current Assets	27,889	29,350	27,423	26,717	25,053
Property, Plant & Equipment	2,323	2,783	864.68	894.61	841.51
Long-Term Investments	3,670	3,763	3,555	3,512	3,504
Goodwill	95.71	95.71	-	-	-
Other Intangible Assets	6,329	6,207	6,229	5,775	5,134
Long-Term Accounts Receivable	-	2,025	2,029	2,067	1,734
Long-Term Deferred Tax Assets	285.7	293.32	256.58	260.03	220.5
Long-Term Deferred Charges	48.88	30.61	29.76	33.49	16.19
Other Long-Term Assets	2,368	833.22	807.97	793.6	762.74
Total Assets	43,010	45,382	41,195	40,053	37,265
Accounts Payable	5,405	6,089	4,868	4,940	4,532
Accrued Expenses	1,011	468.66	494.53	482.03	383.01
Short-Term Debt	9,430	9,486	8,528	8,409	9,213
Current Portion of Long-Term Debt	-	2,687	5,392	2,451	1,818
Current Portion of Leases	-	1.43	-	4.21	3.54
Current Income Taxes Payable	-	857.55	921.47	753.78	606.42
Current Unearned Revenue	183.1	181.92	389.18	420.69	335.05
Other Current Liabilities	6,986	4,755	4,487	6,938	6,437
Total Current Liabilities	23,014	24,527	25,081	24,398	23,329
Long-Term Debt	12,657	13,874	8,989	8,426	6,909
Long-Term Leases	7.22	8.19	-	0.27	3.18
Long-Term Unearned Revenue	216.77	218.4	224.37	370.67	356.47
Long-Term Deferred Tax Liabilities	242.52	254.54	193.16	190.61	164.41
Other Long-Term Liabilities	56.37	77.99	97.84	90.62	84.33
Total Liabilities	36,194	38,960	34,585	33,476	30,846
Common Stock	1,476	1,476	1,476	1,476	1,476
Additional Paid-In Capital	736.51	684.5	684.5	684.5	684.5
Retained Earnings	3,179	3,509	3,454	3,301	3,137
Treasury Stock	-27.25	-	-	-	-
Comprehensive Income & Other	48.92	66.2	51.09	48.39	47.51
Total Common Equity	5,413	5,736	5,665	5,509	5,345
Minority Interest	1,404	687.28	944.35	1,068	1,074
Shareholders' Equity	6,816	6,423	6,610	6,577	6,419
Total Liabilities & Equity	43,010	45,382	41,195	40,053	37,265
Total Debt	22,094	26,056	22,910	19,290	17,947
Net Cash (Debt)	-18,564	-22,707	-19,567	-15,824	-14,433
Net Cash Per Share	-12.59	-15.38	-13.26	-10.72	-9.78
Filing Date Shares Outstanding	1,473	1,476	1,476	1,476	1,476
Total Common Shares Outstanding	1,473	1,476	1,476	1,476	1,476
Working Capital	4,875	4,824	2,343	2,319	1,724
Book Value Per Share	3.67	3.89	3.84	3.73	3.62
Tangible Book Value	-1,012	-567.26	-563.88	-266.07	211.42
Tangible Book Value Per Share	-0.69	-0.38	-0.38	-0.18	0.14
Buildings	-	1,325	269.52	308.3	308.09
Machinery	-	1,447	457.41	455.12	452.1
Construction In Progress	-	529.39	500.59	483.1	407.95

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