SHE:002056 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	9,286	8,975	9,185	5,655	3,445
Trading Asset Securities	30.36	1.71	4.11	831.32	511.56
Cash & Short-Term Investments	9,317	8,977	9,190	6,486	3,957
Cash Growth	3.79%	-2.32%	41.69%	63.92%	1.79%
Accounts Receivable	3,836	3,440	3,085	2,812	2,322
Other Receivables	29.89	60.44	73.16	122.49	71.73
Receivables	3,866	3,500	3,159	2,935	2,394
Inventory	5,873	3,749	1,955	2,036	1,745
Other Current Assets	502.55	346.89	245.63	252.48	252.25
Total Current Assets	19,558	16,573	14,549	11,709	8,348
Property, Plant & Equipment	6,949	6,796	5,921	4,982	3,929
Long-Term Investments	329.36	261.49	214.3	180.28	175.66
Goodwill	0	0	0	0	0
Other Intangible Assets	532.92	571.67	507.49	449.33	341.38
Long-Term Deferred Tax Assets	38.63	4.61	2.36	204.95	23.38
Long-Term Deferred Charges	15.3	1.29	-	-	0
Other Long-Term Assets	3.28	3.77	13.89	83.56	74.57
Total Assets	27,427	24,212	21,208	17,610	12,892
Accounts Payable	11,608	10,895	7,604	6,431	4,623
Accrued Expenses	623.69	547.3	453.35	403.22	346.05
Short-Term Debt	1,687	985.35	2,949	1,900	663.78
Current Portion of Long-Term Debt	-	-	-	-	2.51
Current Portion of Leases	64.56	24.4	1.37	2.02	1.78
Current Income Taxes Payable	288.42	127.36	26.46	6.35	57.27
Current Unearned Revenue	478.99	464.4	236.54	484.07	180.24
Other Current Liabilities	160.63	152.95	173.35	255.66	86.43
Total Current Liabilities	14,911	13,197	11,444	9,482	5,961
Long-Term Debt	9.33	18.35	203.43	7.86	25.45
Long-Term Leases	880.49	248.33	7.14	4.09	5.52
Long-Term Unearned Revenue	99	43.8	59.46	28.78	37.5
Long-Term Deferred Tax Liabilities	47.12	89.79	103.08	192.06	29.31
Other Long-Term Liabilities	421.66	344.19	192.73	123.58	64.95
Total Liabilities	16,369	13,942	12,010	9,838	6,124
Common Stock	1,627	1,627	1,627	1,627	1,627
Additional Paid-In Capital	74.06	37.34	6.54	-	-
Retained Earnings	9,153	8,635	7,533	6,297	5,022
Treasury Stock	-351.92	-280.76	-212.78	-210	-
Comprehensive Income & Other	125.76	63.91	61.94	36.66	81.25
Total Common Equity	10,628	10,082	9,015	7,750	6,730
Minority Interest	430.53	187.97	182.85	21.27	38.59
Shareholders' Equity	11,058	10,270	9,198	7,771	6,769
Total Liabilities & Equity	27,427	24,212	21,208	17,610	12,892
Total Debt	2,642	1,276	3,161	1,914	699.04
Net Cash (Debt)	6,675	7,700	6,029	4,572	3,258
Net Cash Growth	-13.31%	27.72%	31.86%	40.35%	8.94%
Net Cash Per Share	4.18	4.76	3.74	2.82	2.01
Filing Date Shares Outstanding	1,601	1,606	1,612	1,613	1,627
Total Common Shares Outstanding	1,601	1,606	1,612	1,613	1,627
Working Capital	4,647	3,375	3,105	2,227	2,387
Book Value Per Share	6.64	6.28	5.59	4.81	4.14
Tangible Book Value	10,095	9,510	8,508	7,301	6,389
Tangible Book Value Per Share	6.30	5.92	5.28	4.53	3.93
Buildings	2,386	2,316	2,027	1,696	1,560
Machinery	7,499	7,406	6,479	5,631	5,034
Construction In Progress	250.26	361.4	418.96	385.62	227.24

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