SHE:002066 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	474.18	452.84	344.51	370.83	235.92
Short-Term Investments	-	2.19	-	-	-
Cash & Short-Term Investments	474.18	455.03	344.51	370.83	235.92
Cash Growth	4.21%	32.08%	-7.10%	57.18%	-13.16%
Accounts Receivable	1,825	2,044	1,934	1,614	1,171
Other Receivables	37.09	46.24	45.41	47.37	33.09
Receivables	1,862	2,090	1,979	1,661	1,204
Inventory	1,096	1,040	1,088	1,067	1,084
Other Current Assets	85	95.37	76.09	34.07	74.41
Total Current Assets	3,518	3,681	3,488	3,134	2,598
Property, Plant & Equipment	1,121	1,111	1,041	973.62	987.24
Long-Term Investments	1.12	1.17	3.93	3.56	3.39
Goodwill	5.54	6.14	6.14	2.62	4.41
Other Intangible Assets	262.35	268.97	254.42	255.45	263.01
Long-Term Deferred Tax Assets	26.32	22.17	23.29	19.84	17.78
Long-Term Deferred Charges	0.24	0.49	0.93	1.55	4.48
Other Long-Term Assets	8.97	9.93	30.33	7.78	0.15
Total Assets	4,943	5,101	4,848	4,398	3,879
Accounts Payable	1,572	1,563	1,470	1,489	1,018
Accrued Expenses	5.34	33.67	63.42	29.09	16.84
Short-Term Debt	827.18	370.3	705.05	836.83	1,190
Current Portion of Long-Term Debt	286.24	306.95	26	34	20
Current Portion of Leases	-	1.19	1.58	1.74	2.17
Current Income Taxes Payable	10.76	6.33	9.82	5.94	7.64
Current Unearned Revenue	52.83	73.46	125.81	87.95	144
Other Current Liabilities	481.51	624.23	456.56	284.94	161.66
Total Current Liabilities	3,235	2,979	2,858	2,770	2,561
Long-Term Debt	277.1	569.37	491	377.41	80.12
Long-Term Leases	2.74	2.39	3.2	4.09	4.14
Long-Term Unearned Revenue	44.19	47.68	37.3	53.52	48.71
Long-Term Deferred Tax Liabilities	7.08	7.16	7.72	5.66	5.78
Total Liabilities	3,567	3,606	3,397	3,210	2,700
Common Stock	234.91	231	231	231	231
Additional Paid-In Capital	216.05	192.95	192.95	172.87	172.73
Retained Earnings	195.25	287.62	253.68	199.34	133.1
Treasury Stock	-24.34	-	-	-	-
Comprehensive Income & Other	6.25	4.91	4.8	0.97	0.92
Total Common Equity	628.12	716.47	682.42	604.17	537.75
Minority Interest	748.53	778.5	767.9	583.39	641.47
Shareholders' Equity	1,377	1,495	1,450	1,188	1,179
Total Liabilities & Equity	4,943	5,101	4,848	4,398	3,879
Total Debt	1,393	1,250	1,227	1,254	1,297
Net Cash (Debt)	-919.09	-795.18	-882.32	-883.24	-1,061
Net Cash Per Share	-3.96	-3.44	-3.82	-3.82	-4.59
Filing Date Shares Outstanding	221.26	231	231	231	231
Total Common Shares Outstanding	221.26	231	231	231	231
Working Capital	282.64	701.76	629.97	363.83	37.52
Book Value Per Share	2.84	3.10	2.95	2.62	2.33
Tangible Book Value	360.23	441.36	421.86	346.1	270.33
Tangible Book Value Per Share	1.63	1.91	1.83	1.50	1.17
Buildings	-	916.45	843.76	831.96	818.39
Machinery	-	931.19	847.22	812.34	771.37
Construction In Progress	-	115.09	131.95	43.47	42.62

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