SHE:000715 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	740.82	777.16	807.11	1,009	1,137
Trading Asset Securities	219.95	103.81	403.95	-	150.2
Cash & Short-Term Investments	960.77	880.97	1,211	1,009	1,288
Cash Growth	9.06%	-27.26%	20.02%	-21.63%	13.56%
Accounts Receivable	1.07	1.81	0.94	3.07	0.76
Other Receivables	0.05	14.16	9.93	11.83	11.15
Receivables	1.12	15.97	310.88	295.02	11.91
Inventory	62.44	73.93	71.32	69.45	67.76
Prepaid Expenses	-	-	-	0.56	0.03
Other Current Assets	11.81	1.01	0.66	4.87	5.62
Total Current Assets	1,036	971.89	1,594	1,379	1,373
Property, Plant & Equipment	572.42	607.66	637.53	670.4	690
Long-Term Investments	785.27	765.64	1.66	1.7	1.74
Other Intangible Assets	152.43	161.3	170.36	179.67	188.77
Long-Term Deferred Tax Assets	32.89	37.85	40.76	36.93	43.74
Long-Term Deferred Charges	0.01	0.08	4.99	9.99	17.02
Other Long-Term Assets	110.05	114.75	119.85	125.33	129.6
Total Assets	2,689	2,659	2,569	2,403	2,444
Accounts Payable	170.53	186.54	219.36	132.37	200.86
Accrued Expenses	40.22	41.44	53.43	33.95	41.12
Short-Term Debt	36.82	31.53	-	-	-
Current Portion of Leases	3.32	5.49	5.25	3.96	3.03
Current Income Taxes Payable	11.92	13.69	4.8	9.96	13.82
Current Unearned Revenue	65.36	76.12	70.07	79.07	80.91
Other Current Liabilities	248.67	257.97	273.9	285.25	309.1
Total Current Liabilities	576.83	612.77	626.81	544.55	648.86
Long-Term Leases	4.21	10.12	14.58	20.18	15.92
Pension & Post-Retirement Benefits	84.73	88.23	70.32	68.94	78.24
Long-Term Deferred Tax Liabilities	0.74	-	4.19	0.01	0.1
Other Long-Term Liabilities	7.31	18.69	25.15	32.76	41.95
Total Liabilities	673.82	729.81	741.05	666.44	785.07
Common Stock	540.43	415.72	415.72	415.72	415.72
Additional Paid-In Capital	61.2	174.28	138.19	180.01	180.01
Retained Earnings	1,410	1,337	1,258	1,123	1,059
Comprehensive Income & Other	2.58	0.94	15.01	16.38	3.48
Total Common Equity	2,014	1,928	1,827	1,735	1,658
Minority Interest	1.22	1.11	1.41	1.04	0.94
Shareholders' Equity	2,015	1,929	1,828	1,736	1,659
Total Liabilities & Equity	2,689	2,659	2,569	2,403	2,444
Total Debt	44.36	47.14	19.83	24.14	18.96
Net Cash (Debt)	916.41	833.83	1,191	984.88	1,269
Net Cash Growth	9.90%	-30.00%	20.95%	-22.36%	11.89%
Net Cash Per Share	1.68	1.99	2.18	1.86	2.37
Filing Date Shares Outstanding	540.43	540.43	540.43	540.43	540.43
Total Common Shares Outstanding	540.43	540.43	540.43	540.43	540.43
Working Capital	459.29	359.12	967.12	834.37	723.99
Book Value Per Share	3.73	3.57	3.38	3.21	3.07
Tangible Book Value	1,862	1,767	1,656	1,556	1,469
Tangible Book Value Per Share	3.44	3.27	3.06	2.88	2.72
Buildings	1,022	1,022	1,022	1,022	1,019
Machinery	299.67	300.05	298.83	299.41	300.37

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