SHE:000922 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	2,524	2,368	2,113	1,943	701.3
Trading Asset Securities	-	354.17	350.55	708.3	701.89
Cash & Short-Term Investments	2,524	2,723	2,463	2,651	1,403
Cash Growth	-7.31%	10.54%	-7.08%	88.92%	-5.02%
Accounts Receivable	2,732	2,794	3,016	3,047	2,021
Other Receivables	15.51	12.73	17.91	52.65	17.26
Receivables	2,748	2,807	3,034	3,100	2,038
Inventory	1,763	1,630	1,545	1,470	1,101
Prepaid Expenses	1.11	7.4	1.69	1.13	4.66
Other Current Assets	635.98	646.11	504.78	554.13	90.23
Total Current Assets	7,671	7,814	7,549	7,776	4,637
Property, Plant & Equipment	2,088	1,869	1,661	1,551	587.78
Long-Term Investments	13.41	14.21	14.62	2.14	-
Other Intangible Assets	194.21	172.71	175.14	180.05	135.11
Long-Term Deferred Tax Assets	79.37	98.3	126.5	150.09	55.27
Other Long-Term Assets	71.15	75.26	112.95	56.68	59.14
Total Assets	10,118	10,043	9,639	9,716	5,474
Accounts Payable	2,651	2,818	2,796	2,543	1,233
Accrued Expenses	74.78	43.86	88.02	93.81	84.18
Short-Term Debt	52.5	1,486	1,127	923.24	3.66
Current Portion of Long-Term Debt	11.76	-	-	-	-
Current Portion of Leases	3.96	3.79	3.86	0.17	0.15
Current Income Taxes Payable	6.32	0.82	4.42	7.4	0.12
Current Unearned Revenue	1,555	1,615	1,383	983.11	317.71
Other Current Liabilities	267.12	188.22	495.64	1,358	1,019
Total Current Liabilities	4,623	6,156	5,898	5,909	2,657
Long-Term Debt	90.2	-	-	-	-
Long-Term Leases	8.24	12.21	16.41	0.17	0.34
Long-Term Unearned Revenue	110.53	79.52	90.46	92.76	15.13
Pension & Post-Retirement Benefits	13.1	12.94	12.31	9.67	5.48
Long-Term Deferred Tax Liabilities	-	4.88	4.58	3.71	-
Other Long-Term Liabilities	55.6	75.67	135.83	193.38	108.91
Total Liabilities	4,900	6,341	6,158	6,209	2,787
Common Stock	694.99	593.43	595.86	596.54	599.21
Additional Paid-In Capital	2,262	1,280	1,289	1,689	1,145
Retained Earnings	1,632	1,455	1,319	991.27	977.31
Treasury Stock	-	-1.37	-16.33	-20.11	-38.07
Comprehensive Income & Other	20.5	9.01	4.44	4.22	3.08
Total Common Equity	4,609	3,336	3,192	3,261	2,687
Minority Interest	608.35	366.28	289.3	246.41	-
Shareholders' Equity	5,217	3,702	3,481	3,507	2,687
Total Liabilities & Equity	10,118	10,043	9,639	9,716	5,474
Total Debt	166.66	1,502	1,147	923.59	4.16
Net Cash (Debt)	2,357	1,221	1,316	1,727	1,399
Net Cash Growth	93.09%	-7.25%	-23.81%	23.46%	-5.05%
Net Cash Per Share	3.43	2.05	2.21	2.89	2.34
Filing Date Shares Outstanding	694.99	593.43	595.86	596.54	599.21
Total Common Shares Outstanding	694.99	593.43	595.86	596.54	599.21
Working Capital	3,049	1,658	1,650	1,867	1,979
Book Value Per Share	6.63	5.62	5.36	5.47	4.48
Tangible Book Value	4,415	3,163	3,017	3,081	2,552
Tangible Book Value Per Share	6.35	5.33	5.06	5.16	4.26
Buildings	1,201	1,153	1,086	1,081	541.21
Machinery	2,538	2,259	1,953	1,967	628.01
Construction In Progress	287.8	236.06	272.75	85.43	46.95

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