SHE:000900 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	4,359	3,785	3,928	5,878	5,437
Short-Term Investments	1,255	598.19	482.74	263.64	-
Trading Asset Securities	183.52	148.13	199.42	78.97	90.16
Cash & Short-Term Investments	5,797	4,531	4,610	6,221	5,527
Cash Growth	27.93%	-1.71%	-25.89%	12.55%	0.36%
Accounts Receivable	579.49	674.67	789.1	787.16	570.66
Other Receivables	176.37	193.55	232.45	291.34	387.53
Receivables	1,122	1,394	1,698	1,587	1,046
Inventory	629.77	398.61	217.8	268.1	674.64
Other Current Assets	2,616	2,459	1,955	1,856	1,649
Total Current Assets	10,165	8,783	8,480	9,932	8,897
Property, Plant & Equipment	847.34	1,048	1,335	1,863	2,350
Long-Term Investments	7,288	6,804	6,117	5,952	6,451
Goodwill	345.22	346.3	346.3	346.78	346.78
Other Intangible Assets	30,847	31,810	32,470	32,665	33,193
Long-Term Accounts Receivable	914.96	756.64	316.41	594.33	179.45
Long-Term Deferred Tax Assets	171.2	161.64	121.23	154.59	148.39
Long-Term Deferred Charges	184.6	127.37	151.8	209.08	236.92
Other Long-Term Assets	660.83	736.95	747.08	407.53	410.73
Total Assets	59,670	58,130	56,819	57,907	57,029
Accounts Payable	642.04	692.43	422.2	560.56	966.64
Accrued Expenses	451.8	484.2	221.26	211.29	552.35
Short-Term Debt	5,112	5,262	3,831	4,736	5,499
Current Portion of Long-Term Debt	1,439	1,491	1,863	1,013	788.21
Current Portion of Leases	1.9	4.53	3.94	4.36	5.1
Current Income Taxes Payable	115.47	131.99	99.99	79.23	135.96
Current Unearned Revenue	53.36	62.5	52.72	46.66	154.06
Other Current Liabilities	16,526	14,816	14,012	13,723	19,145
Total Current Liabilities	24,341	22,944	20,507	20,374	27,246
Long-Term Debt	20,704	20,601	21,827	23,441	16,758
Long-Term Leases	1.61	2.89	4.3	2.14	4.97
Long-Term Unearned Revenue	107.54	127.41	140.53	154.51	156.59
Long-Term Deferred Tax Liabilities	158.22	138.82	108.75	145.66	146.68
Other Long-Term Liabilities	72.68	7.22	25.36	32.83	119.8
Total Liabilities	45,385	43,821	42,613	44,150	44,432
Common Stock	1,518	1,518	1,518	1,518	1,518
Additional Paid-In Capital	120.9	121.41	84.14	47.73	49.33
Retained Earnings	9,358	9,222	9,159	8,828	8,660
Comprehensive Income & Other	1,533	1,611	1,577	1,549	594.3
Total Common Equity	12,530	12,472	12,338	11,942	10,821
Minority Interest	1,755	1,837	1,868	1,814	1,776
Shareholders' Equity	14,285	14,309	14,206	13,757	12,597
Total Liabilities & Equity	59,670	58,130	56,819	57,907	57,029
Total Debt	27,258	27,361	27,530	29,196	23,055
Net Cash (Debt)	-21,461	-22,830	-22,920	-22,975	-17,528
Net Cash Per Share	-12.71	-12.82	-13.44	-14.37	-11.52
Filing Date Shares Outstanding	1,518	1,518	1,518	1,518	1,518
Total Common Shares Outstanding	1,518	1,518	1,518	1,518	1,518
Working Capital	-14,177	-14,161	-12,026	-10,442	-18,350
Book Value Per Share	7.27	7.23	7.14	6.88	6.80
Tangible Book Value	-18,662	-19,685	-20,478	-21,070	-22,719
Tangible Book Value Per Share	-13.28	-13.96	-14.48	-14.87	-15.30
Buildings	639.63	764.43	911.07	1,231	1,234
Machinery	56.51	61.51	67.98	81.34	73.94
Construction In Progress	39.33	92.5	45.53	280.17	576.89

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