SHE:002068 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	249.18	461.66	442.34	526.92	312.55
Trading Asset Securities	11.72	-	-	-	-
Cash & Short-Term Investments	260.9	461.66	442.34	526.92	312.55
Cash Growth	-43.49%	4.37%	-16.05%	68.59%	-4.18%
Accounts Receivable	1,918	2,622	2,548	2,707	2,182
Other Receivables	30.2	63.2	37.14	7.25	2.89
Receivables	1,949	2,685	2,585	2,714	2,185
Inventory	926.84	893.71	904.39	1,378	963.5
Other Current Assets	453.16	231.59	156.26	206.26	154.38
Total Current Assets	3,589	4,272	4,088	4,826	3,615
Property, Plant & Equipment	3,616	3,373	3,244	3,085	3,022
Long-Term Investments	62.38	117.18	132.29	149.94	92.99
Goodwill	35.91	67.12	72.27	-	-
Other Intangible Assets	401.01	374.35	298.84	227.31	233.19
Long-Term Deferred Tax Assets	67.48	41.2	42.18	49.89	57.93
Long-Term Deferred Charges	12.75	4.32	6.01	9.81	7.33
Other Long-Term Assets	72.09	59.11	57.3	63.82	74.67
Total Assets	7,857	8,308	7,941	8,412	7,103
Accounts Payable	1,511	1,529	1,925	2,105	1,375
Accrued Expenses	13.07	92.96	62.71	55.59	68.21
Short-Term Debt	2,254	1,159	943.11	1,881	1,236
Current Portion of Long-Term Debt	814.16	882.73	620.57	-	400.42
Current Portion of Leases	-	0.84	0.89	0.87	1
Current Income Taxes Payable	19.41	11.63	10.09	4.04	9.63
Current Unearned Revenue	52.86	109.53	54.8	108.35	78
Other Current Liabilities	163.69	150.57	163.11	119.54	136.37
Total Current Liabilities	4,828	3,936	3,780	4,275	3,305
Long-Term Debt	305.86	1,171	888.8	600.49	300.35
Long-Term Leases	16.81	13.56	18.21	16.98	18.09
Long-Term Unearned Revenue	101.47	73.09	80.17	83.11	81.86
Long-Term Deferred Tax Liabilities	13.92	2.47	3.11	2.78	-
Other Long-Term Liabilities	26.22	-	-	-	-
Total Liabilities	5,293	5,196	4,771	4,978	3,705
Common Stock	735.35	735.35	741.41	748.12	748.12
Additional Paid-In Capital	1,448	1,448	1,456	1,476	1,473
Retained Earnings	393.05	856.39	831.26	1,074	1,065
Treasury Stock	-149.85	-65.38	-19.79	-36.43	-52.18
Comprehensive Income & Other	-0.19	0.74	10.18	18.01	20.4
Total Common Equity	2,427	2,976	3,020	3,280	3,254
Minority Interest	138.22	136.85	150.7	154.27	143.58
Shareholders' Equity	2,565	3,112	3,170	3,434	3,398
Total Liabilities & Equity	7,857	8,308	7,941	8,412	7,103
Total Debt	3,391	3,227	2,472	2,499	1,955
Net Cash (Debt)	-3,130	-2,765	-2,029	-1,972	-1,643
Net Cash Per Share	-4.30	-3.75	-2.76	-2.64	-2.18
Filing Date Shares Outstanding	706.05	721.36	741.41	748.12	748.12
Total Common Shares Outstanding	706.05	729.3	741.41	748.12	748.12
Working Capital	-1,239	336.37	308.05	551.45	310.47
Book Value Per Share	3.44	4.08	4.07	4.38	4.35
Tangible Book Value	1,990	2,534	2,648	3,053	3,021
Tangible Book Value Per Share	2.82	3.47	3.57	4.08	4.04
Buildings	-	1,753	1,620	1,540	1,426
Machinery	-	4,905	4,725	4,319	4,204
Construction In Progress	-	417.58	282.23	321.32	186.67

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