SHE:000912 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	1,962	2,267	2,807	3,545	2,651
Short-Term Investments	-	-	-	-	10
Trading Asset Securities	340	1,298	1,330	910	646.27
Cash & Short-Term Investments	2,302	3,566	4,137	4,455	3,307
Cash Growth	-35.43%	-13.81%	-7.13%	34.71%	66.06%
Accounts Receivable	270.69	308.16	96.58	110.45	314.42
Other Receivables	96.72	82.14	12.71	16.9	14.82
Receivables	367.4	390.3	109.3	127.36	329.24
Inventory	678.42	665.72	644.91	675.3	601.85
Other Current Assets	573.37	773.77	629.92	359.14	365.19
Total Current Assets	3,922	5,395	5,521	5,616	4,603
Property, Plant & Equipment	4,843	4,909	4,546	4,479	4,658
Long-Term Investments	44.75	41.51	50.1	72.72	150.53
Other Intangible Assets	401.49	381.85	112.07	131.06	135.33
Long-Term Deferred Tax Assets	41.88	65.91	70.62	75.79	70.26
Long-Term Deferred Charges	65.95	71.04	54.71	60.92	62.87
Other Long-Term Assets	86.94	20.2	35.64	24.97	7.53
Total Assets	9,406	10,885	10,390	10,461	9,688
Accounts Payable	1,771	1,969	2,407	2,356	2,132
Accrued Expenses	78.93	142.35	178.23	175.59	152.35
Short-Term Debt	-	320.16	-	150.14	-
Current Portion of Long-Term Debt	109.07	179.23	171.65	164.07	156.48
Current Portion of Leases	20.51	33.41	31.88	28.97	28.51
Current Income Taxes Payable	5.3	9.38	35.4	39.16	15.11
Current Unearned Revenue	194.32	203.52	184.36	263.47	163.53
Other Current Liabilities	603.14	1,116	289.08	123.57	102.05
Total Current Liabilities	2,783	3,973	3,297	3,301	2,750
Long-Term Debt	15.75	186.66	365.62	536.87	700.42
Long-Term Leases	109.24	210.19	219.84	247.97	286.28
Long-Term Unearned Revenue	126.01	95.66	59.23	60.92	64.56
Pension & Post-Retirement Benefits	-	-	-	4.57	2.8
Long-Term Deferred Tax Liabilities	20.92	37.34	42.63	48.37	5.81
Total Liabilities	3,055	4,503	3,985	4,200	3,809
Common Stock	1,568	1,568	1,568	1,568	1,568
Additional Paid-In Capital	5,784	5,841	5,783	5,775	5,775
Retained Earnings	-938.75	-957.87	-978.86	-1,129	-1,497
Treasury Stock	-89.06	-89.06	-	-	-
Comprehensive Income & Other	21.65	14.07	27.41	44.27	29.27
Total Common Equity	6,346	6,376	6,400	6,259	5,875
Minority Interest	5.32	5.59	5.69	2.67	3.4
Shareholders' Equity	6,351	6,381	6,406	6,262	5,878
Total Liabilities & Equity	9,406	10,885	10,390	10,461	9,688
Total Debt	254.57	929.64	788.98	1,128	1,172
Net Cash (Debt)	2,048	2,636	3,348	3,327	2,135
Net Cash Growth	-22.31%	-21.27%	0.65%	55.79%	103.58%
Net Cash Per Share	1.29	1.25	2.23	2.08	1.34
Filing Date Shares Outstanding	1,544	1,544	1,568	1,568	1,568
Total Common Shares Outstanding	1,544	1,544	1,568	1,568	1,568
Working Capital	1,139	1,422	2,224	2,315	1,854
Book Value Per Share	4.11	4.13	4.08	3.99	3.75
Tangible Book Value	5,945	5,994	6,288	6,128	5,740
Tangible Book Value Per Share	3.85	3.88	4.01	3.91	3.66
Buildings	1,993	1,873	1,702	1,666	1,686
Machinery	6,850	6,742	6,325	6,228	6,199
Construction In Progress	641.52	601.44	529.51	327.71	282.81

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