SHE:000965 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	Dec '21 Dec 31, 2021
Cash & Equivalents	825.67	1,281	423.16	695.52	539.68
Cash & Short-Term Investments	825.67	1,281	423.16	695.52	539.68
Cash Growth	-35.55%	202.77%	-39.16%	28.88%	29.82%
Accounts Receivable	178.2	31.89	7.07	7.35	10
Other Receivables	13.19	89.54	653.57	225.7	217.67
Receivables	191.39	121.43	660.64	233.04	227.66
Inventory	11,019	10,610	9,505	9,103	9,950
Prepaid Expenses	-	96.39	67.63	40.39	20
Other Current Assets	597.06	234.85	294.98	181.07	100.8
Total Current Assets	12,633	12,344	10,951	10,253	10,838
Property, Plant & Equipment	369.07	279.48	290.07	36.78	41.42
Long-Term Investments	791.22	843.69	917.01	1,170	600.25
Goodwill	6.65	6.65	10.93	10.93	10.93
Other Intangible Assets	2.02	2.72	3.04	3.16	3.79
Long-Term Deferred Tax Assets	100.73	277.69	392.06	404.12	394.34
Long-Term Deferred Charges	8.29	6.75	8.79	0.62	2.36
Other Long-Term Assets	967.16	890.67	925.18	939.88	958.12
Total Assets	14,878	14,651	13,498	12,818	12,850
Accounts Payable	1,290	1,568	1,387	1,279	1,103
Accrued Expenses	18.63	60.96	33.27	1,315	135.56
Short-Term Debt	100.24	60.21	321.15	680.55	270
Current Portion of Long-Term Debt	951.4	1,063	1,018	795.25	855.77
Current Portion of Leases	-	3.95	90	369.99	1,063
Current Income Taxes Payable	16.54	275.39	361.26	394.18	397.42
Current Unearned Revenue	2,042	1,515	811.63	1,081	1,381
Other Current Liabilities	630.72	1,433	1,446	201.79	1,407
Total Current Liabilities	5,050	5,980	5,468	6,117	6,612
Long-Term Debt	3,117	1,982	1,454	1,222	775.05
Long-Term Leases	-	34.11	-	-	-
Long-Term Unearned Revenue	-	28.93	-	21	21
Long-Term Deferred Tax Liabilities	10.08	2.43	-	-	-
Other Long-Term Liabilities	90.8	53.95	-	-	6.38
Total Liabilities	8,267	8,082	6,922	7,360	7,415
Common Stock	1,110	1,110	1,110	1,110	1,110
Additional Paid-In Capital	2,310	2,313	2,313	2,315	2,315
Retained Earnings	2,026	2,018	2,023	2,025	2,002
Total Common Equity	5,446	5,440	5,446	5,450	5,426
Minority Interest	1,165	1,129	1,131	8.48	8.36
Shareholders' Equity	6,611	6,570	6,577	5,458	5,435
Total Liabilities & Equity	14,878	14,651	13,498	12,818	12,850
Total Debt	4,169	3,144	2,882	3,068	2,964
Net Cash (Debt)	-3,343	-1,862	-2,459	-2,372	-2,424
Net Cash Per Share	-3.01	-1.68	-2.22	-2.14	-2.18
Filing Date Shares Outstanding	1,111	1,110	1,110	1,110	1,110
Total Common Shares Outstanding	1,111	1,110	1,110	1,110	1,110
Working Capital	7,583	6,364	5,483	4,136	4,226
Book Value Per Share	4.90	4.90	4.91	4.91	4.89
Tangible Book Value	5,437	5,431	5,432	5,436	5,412
Tangible Book Value Per Share	4.89	4.89	4.89	4.90	4.88
Buildings	-	292.3	292.3	46.6	46.6
Machinery	-	20.9	26.38	11.75	11.61

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