SHE:000789 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	2,802	4,659	4,057	4,462	4,586
Cash & Short-Term Investments	2,802	4,659	4,057	4,462	4,586
Cash Growth	-39.85%	14.83%	-9.07%	-2.71%	18.29%
Accounts Receivable	1,387	1,926	2,191	2,381	1,342
Other Receivables	59.71	67.15	87.12	66.99	74.27
Receivables	1,447	1,993	2,278	2,448	1,416
Inventory	388	457.48	613.14	793.06	884.28
Prepaid Expenses	0.38	1.03	1.65	4	2.31
Other Current Assets	756.73	251.21	354.68	368.93	295.34
Total Current Assets	5,394	7,362	7,304	8,075	7,184
Property, Plant & Equipment	5,659	6,148	6,474	6,769	7,022
Long-Term Investments	1,518	501	625.15	717.29	1,167
Goodwill	45.59	83.32	94.47	110.2	115.18
Other Intangible Assets	1,558	1,564	1,631	1,716	1,676
Long-Term Deferred Tax Assets	347.36	357.75	330.89	303.94	124.95
Other Long-Term Assets	72.52	516.66	540.07	558.55	140.45
Total Assets	14,594	16,533	17,000	18,251	17,430
Accounts Payable	1,159	1,467	1,352	1,616	1,675
Accrued Expenses	189.45	268.82	294.71	320.01	321.9
Short-Term Debt	669.89	817.74	937.68	1,403	1,332
Current Portion of Long-Term Debt	1,048	58.1	51.16	14	-
Current Portion of Leases	1.18	0.74	0.69	0.03	1.55
Current Income Taxes Payable	84.9	105.78	136.18	234.15	541.77
Current Unearned Revenue	133.94	138.51	212.35	196.32	178.06
Other Current Liabilities	661.34	793.97	856.85	1,160	492.93
Total Current Liabilities	3,948	3,651	3,842	4,944	4,544
Long-Term Debt	820.5	1,637	1,664	1,625	979.02
Long-Term Leases	14.45	15.57	22.1	9.83	6.28
Long-Term Unearned Revenue	82.87	78.51	75.82	81.02	69.54
Pension & Post-Retirement Benefits	14.44	24.12	33.58	42.46	46.3
Long-Term Deferred Tax Liabilities	69.74	80.75	85.58	75.96	73.64
Other Long-Term Liabilities	230.99	787.73	889.2	1,014	811.06
Total Liabilities	5,181	6,275	6,612	7,792	6,530
Common Stock	797.41	797.41	797.4	797.4	797.4
Additional Paid-In Capital	50.3	51.75	52.43	52.09	50.51
Retained Earnings	5,999	6,083	6,142	6,120	6,369
Treasury Stock	-199.42	-	-	-	-
Comprehensive Income & Other	-21.2	-38.74	-12.87	-25.05	209.06
Total Common Equity	6,626	6,894	6,979	6,945	7,426
Minority Interest	2,787	3,364	3,409	3,514	3,474
Shareholders' Equity	9,413	10,258	10,388	10,459	10,900
Total Liabilities & Equity	14,594	16,533	17,000	18,251	17,430
Total Debt	2,554	2,529	2,676	3,052	2,319
Net Cash (Debt)	248.06	2,130	1,381	1,410	2,267
Net Cash Growth	-88.35%	54.15%	-2.01%	-37.80%	6.48%
Net Cash Per Share	0.32	2.67	1.73	1.73	2.71
Filing Date Shares Outstanding	758.94	797.41	797.4	797.4	797.4
Total Common Shares Outstanding	758.94	797.41	797.4	797.4	797.4
Working Capital	1,446	3,711	3,462	3,132	2,640
Book Value Per Share	8.73	8.65	8.75	8.71	9.31
Tangible Book Value	5,023	5,246	5,253	5,118	5,635
Tangible Book Value Per Share	6.62	6.58	6.59	6.42	7.07
Buildings	5,164	5,224	5,099	5,013	5,243
Machinery	5,760	5,842	5,777	5,625	6,047
Construction In Progress	33.35	16.74	124.97	241.1	479.58

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