SHE:000739 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	3,786	3,662	3,581	3,553	2,610
Trading Asset Securities	-	-	-	0.09	14.89
Cash & Short-Term Investments	3,786	3,662	3,581	3,553	2,625
Cash Growth	3.41%	2.26%	0.78%	35.35%	13.61%
Accounts Receivable	2,271	2,265	2,243	2,040	1,523
Other Receivables	99.96	112.26	114.46	116.28	103.74
Receivables	2,371	2,378	2,421	2,156	1,626
Inventory	1,602	1,860	2,083	1,802	1,250
Prepaid Expenses	7.33	4.64	26.65	20.59	13.06
Other Current Assets	112.57	282.71	256.96	249.5	267.72
Total Current Assets	7,879	8,187	8,368	7,781	5,782
Property, Plant & Equipment	3,583	3,775	3,564	3,406	2,588
Long-Term Investments	186.68	139.66	174.05	91.41	81.25
Goodwill	20.31	20.31	20.31	20.31	20.31
Other Intangible Assets	300.74	314.61	319.8	338.93	346.05
Long-Term Deferred Tax Assets	234.7	227.66	247.4	270.29	47.58
Long-Term Deferred Charges	83.57	15.77	20.57	66.21	46.76
Other Long-Term Assets	25.4	45.83	53.75	47.15	133.22
Total Assets	12,318	12,729	12,768	12,021	9,045
Accounts Payable	3,382	3,633	4,127	4,311	2,623
Accrued Expenses	258.26	251.62	226.43	202.82	221.62
Short-Term Debt	1,027	814.03	807.8	562.81	332.47
Current Portion of Long-Term Debt	1	5	81.34	0.4	0.2
Current Portion of Leases	5.36	6.61	7.98	8.65	13.77
Current Income Taxes Payable	121.17	92.33	77.04	80.59	120.56
Current Unearned Revenue	185.89	514.33	430.37	458.26	302.4
Other Current Liabilities	384.67	425.26	550.05	402.44	165.8
Total Current Liabilities	5,365	5,743	6,308	6,027	3,779
Long-Term Debt	468.3	70.05	18.71	249.62	104.94
Long-Term Leases	18.91	13.78	4.47	15.81	22.95
Long-Term Unearned Revenue	51.85	31.69	30.62	15.12	1.17
Long-Term Deferred Tax Liabilities	67.7	84.98	103.71	122.96	4.25
Other Long-Term Liabilities	-	36	72	72	72
Total Liabilities	5,972	5,979	6,537	6,502	3,985
Common Stock	1,158	1,169	1,179	1,179	1,179
Additional Paid-In Capital	104.79	247	438.01	438.01	438.01
Retained Earnings	5,558	5,481	4,804	4,096	3,443
Treasury Stock	-482.06	-153.09	-200.2	-200.2	-
Comprehensive Income & Other	-0.96	-2.02	2.01	-0.79	0.43
Total Common Equity	6,338	6,742	6,223	5,512	5,060
Minority Interest	7.92	7.92	7.69	7.35	-
Shareholders' Equity	6,346	6,750	6,230	5,519	5,060
Total Liabilities & Equity	12,318	12,729	12,768	12,021	9,045
Total Debt	1,520	909.47	920.3	837.3	474.33
Net Cash (Debt)	2,266	2,752	2,660	2,716	2,151
Net Cash Growth	-17.66%	3.45%	-2.04%	26.27%	8.61%
Net Cash Per Share	1.96	2.37	2.28	2.31	1.82
Filing Date Shares Outstanding	1,126	1,158	1,169	1,169	1,179
Total Common Shares Outstanding	1,128	1,158	1,169	1,169	1,179
Working Capital	2,514	2,444	2,060	1,755	2,003
Book Value Per Share	5.62	5.82	5.32	4.71	4.29
Tangible Book Value	6,017	6,407	5,883	5,153	4,694
Tangible Book Value Per Share	5.34	5.53	5.03	4.41	3.98
Buildings	2,032	1,991	1,743	1,743	1,474
Machinery	5,162	4,767	4,398	4,126	2,903
Construction In Progress	244.11	407.48	545.85	311.4	710.22

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