SHE:000837 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,242	1,576	2,138	1,229	1,260
Trading Asset Securities	135.27	70.22	-	0.38	-
Cash & Short-Term Investments	1,378	1,646	2,138	1,230	1,260
Cash Growth	-16.29%	-23.03%	73.88%	-2.40%	38.07%
Accounts Receivable	1,782	1,626	1,441	1,580	1,401
Other Receivables	201.01	113.17	132.8	130.26	68.3
Receivables	1,983	1,740	1,574	1,710	1,525
Inventory	2,068	1,924	1,947	1,793	1,744
Prepaid Expenses	1.43	1.44	0.87	0.56	0.27
Other Current Assets	33.94	35.54	71.93	61.65	140.28
Total Current Assets	5,464	5,346	5,732	4,795	4,669
Property, Plant & Equipment	3,666	3,418	3,251	2,845	2,631
Long-Term Investments	207.27	47.2	44.53	39.53	39.53
Other Intangible Assets	457.34	474.87	443.93	457.75	373.48
Long-Term Deferred Tax Assets	118.16	136.22	139.33	135.85	65.38
Long-Term Deferred Charges	85.23	82.6	63.17	48.02	37.51
Other Long-Term Assets	55.32	209.26	185.84	200.41	55.97
Total Assets	10,053	9,714	9,860	8,522	7,872
Accounts Payable	2,082	1,870	2,001	1,874	1,705
Accrued Expenses	267.81	248.71	245.61	273.2	262.68
Short-Term Debt	328.55	602.03	630.46	702.64	520.54
Current Portion of Long-Term Debt	227.62	92.37	163.59	39.46	454.62
Current Portion of Leases	0.05	1.69	2.91	2.25	2.45
Current Income Taxes Payable	6.88	3.28	6.66	13.03	8.63
Current Unearned Revenue	423.48	309.15	252.98	251.66	296.35
Other Current Liabilities	185.31	88.34	85.31	94.18	89.36
Total Current Liabilities	3,522	3,216	3,389	3,251	3,339
Long-Term Debt	135.93	249.81	286.85	434.43	137.13
Long-Term Leases	5.24	5.29	7.15	10.52	6.49
Long-Term Unearned Revenue	662.18	544.81	527.71	494	353.6
Long-Term Deferred Tax Liabilities	0.53	21.28	22.56	24.26	5.4
Other Long-Term Liabilities	189.33	223.56	235.05	186.98	157.97
Total Liabilities	4,515	4,261	4,468	4,401	4,000
Common Stock	1,023	1,007	1,010	899.37	899.37
Additional Paid-In Capital	3,030	2,928	2,947	1,830	1,830
Retained Earnings	873.39	851.19	797.41	775.44	506.3
Treasury Stock	-71.7	-	-	-	-
Comprehensive Income & Other	25.57	18.05	10.83	-2.03	-11.24
Total Common Equity	4,881	4,805	4,765	3,502	3,224
Minority Interest	657.24	648.26	627.53	618.75	647.78
Shareholders' Equity	5,538	5,453	5,392	4,121	3,872
Total Liabilities & Equity	10,053	9,714	9,860	8,522	7,872
Total Debt	697.4	951.18	1,091	1,189	1,121
Net Cash (Debt)	680.28	694.66	1,047	40.48	138.74
Net Cash Growth	-2.07%	-33.67%	2487.43%	-70.83%	-
Net Cash Per Share	0.67	0.69	1.11	0.05	0.19
Filing Date Shares Outstanding	1,046	1,007	1,010	899.37	899.37
Total Common Shares Outstanding	1,046	1,007	1,010	899.37	899.37
Working Capital	1,942	2,130	2,344	1,545	1,330
Book Value Per Share	4.67	4.77	4.72	3.89	3.59
Tangible Book Value	4,423	4,330	4,321	3,045	2,851
Tangible Book Value Per Share	4.23	4.30	4.28	3.39	3.17
Buildings	1,893	1,896	1,889	1,441	1,513
Machinery	3,893	3,690	3,369	3,233	3,065
Construction In Progress	507.12	311	299.01	334.67	125.44

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