SHE:000966 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	-	230.45	607.04	285.14	1,084
Accounts Receivable	-	2,321	2,033	2,173	1,355
Other Receivables	-	16.67	25.74	46.77	115.81
Inventory	-	953.38	725.86	566.84	848.95
Prepaid Expenses	-	-	-	-	0
Other Current Assets	-	1,240	1,173	909.58	559.09
Total Current Assets	-	4,762	4,564	3,981	3,963
Property, Plant & Equipment	-	31,941	28,124	22,978	15,795
Goodwill	-	838.52	838.52	838.52	838.52
Other Intangible Assets	-	818.5	684.85	631.65	567.57
Long-Term Investments	-	350.84	359.79	331.32	1,005
Long-Term Deferred Tax Assets	-	96.05	113.87	153.24	154.26
Long-Term Deferred Charges	-	57.68	63.36	47.01	45.38
Other Long-Term Assets	-	1,498	2,853	1,873	985.88
Total Assets	-	40,362	37,602	30,834	23,354
Accounts Payable	-	2,498	2,294	2,571	2,055
Accrued Expenses	-	231.95	194.11	245.62	234.9
Short-Term Debt	-	4,231	6,234	5,475	5,252
Current Portion of Long-Term Debt	-	2,011	2,421	1,885	429.32
Current Unearned Revenue	-	59.31	79.96	48.14	46.14
Current Portion of Leases	-	12.94	20.54	9.05	12.4
Current Income Taxes Payable	-	140.25	44.89	43.46	65.98
Other Current Liabilities	-	691.43	624.54	567.1	427.43
Total Current Liabilities	-	9,876	11,914	10,845	8,523
Long-Term Debt	-	15,734	14,611	9,627	4,978
Long-Term Leases	-	570.86	575.4	304.16	89.17
Long-Term Unearned Revenue	-	193.24	179.75	157.29	141.05
Long-Term Deferred Tax Liabilities	-	16.43	17.83	36.44	67.5
Other Long-Term Liabilities	-	7.91	10.01	11.6	15.48
Total Liabilities	-	26,399	27,308	20,981	13,814
Common Stock	-	3,481	2,749	2,749	2,749
Additional Paid-In Capital	-	5,505	3,247	3,246	3,246
Retained Earnings	-	4,541	3,933	3,622	3,378
Comprehensive Income & Other	-	80.54	25.93	-23.09	73.42
Total Common Equity	13,800	13,607	9,955	9,595	9,447
Minority Interest	-	356.04	339.27	258.41	92.94
Shareholders' Equity	14,144	13,963	10,294	9,853	9,540
Total Liabilities & Equity	-	40,362	37,602	30,834	23,354
Total Debt	22,748	22,560	23,862	17,300	10,761
Net Cash (Debt)	-22,428	-22,330	-23,255	-17,015	-9,677
Net Cash Per Share	-6.44	-7.95	-8.46	-6.19	-3.78
Filing Date Shares Outstanding	3,481	3,481	2,749	2,749	2,749
Total Common Shares Outstanding	3,481	3,481	2,749	2,749	2,749
Working Capital	-	-5,115	-7,349	-6,864	-4,561
Book Value Per Share	3.96	3.91	3.62	3.49	3.44
Tangible Book Value	12,165	11,950	8,431	8,124	8,041
Tangible Book Value Per Share	3.49	3.43	3.07	2.96	2.92
Buildings	-	11,692	10,961	9,292	8,987
Machinery	-	34,614	31,777	22,174	20,782
Construction In Progress	-	3,908	2,276	7,607	1,401

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