SHE:002084 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	699.93	506.91	618.42	616.45	577.2
Trading Asset Securities	22.24	140	-	0.89	10.25
Cash & Short-Term Investments	722.17	646.91	618.42	617.34	587.45
Cash Growth	11.63%	4.61%	0.18%	5.09%	1.42%
Accounts Receivable	463.38	695.96	778.83	905.52	1,122
Other Receivables	91.49	21.31	22.1	25.98	29.97
Receivables	554.88	717.27	800.92	931.49	1,152
Inventory	712.13	810.01	786.57	919.22	1,091
Other Current Assets	89.26	79.2	58.46	57.95	117.31
Total Current Assets	2,078	2,253	2,264	2,526	2,948
Property, Plant & Equipment	748.28	969.94	992.34	1,032	998.9
Long-Term Investments	66.68	66.32	64.3	123.93	132.24
Goodwill	-	-	-	6.17	6.17
Other Intangible Assets	86.41	129.38	136.51	144.41	143.65
Long-Term Deferred Tax Assets	25.07	21.85	32.35	25.68	23.56
Long-Term Deferred Charges	52.58	43.55	50.69	55.46	66.93
Other Long-Term Assets	1.01	12.31	157.71	280.92	301.44
Total Assets	3,058	3,497	3,698	4,194	4,621
Accounts Payable	532.02	684.03	577.91	578.31	736.93
Accrued Expenses	37.96	53.2	53.72	53.45	60.72
Short-Term Debt	159.11	264.44	242.6	300.94	644.75
Current Portion of Long-Term Debt	415.97	67.74	525.43	161.4	221.17
Current Portion of Leases	-	15.75	14.5	12.12	17.01
Current Income Taxes Payable	7.16	18.17	19.79	18.89	17.93
Current Unearned Revenue	25.67	52.15	47.77	70.7	81.06
Other Current Liabilities	94.92	162.21	183.37	177.98	296.7
Total Current Liabilities	1,273	1,318	1,665	1,374	2,076
Long-Term Debt	205.39	495.81	153.66	631.23	285.02
Long-Term Leases	56.59	71.35	82.1	65.87	97.45
Long-Term Unearned Revenue	2.65	15.9	18.84	21.78	24.73
Long-Term Deferred Tax Liabilities	2.08	2.79	12.52	4.06	5.82
Other Long-Term Liabilities	2.47	0.64	-	-	105.6
Total Liabilities	1,542	1,904	1,932	2,097	2,595
Common Stock	646.06	646.06	650.86	650.86	607.81
Additional Paid-In Capital	378.2	372.87	398.1	398.1	508.11
Retained Earnings	419.21	537.3	680.38	912.91	865.5
Treasury Stock	-40.44	-16.93	-30	-30	-96.35
Comprehensive Income & Other	-75.99	-61.79	-68.12	-66.38	-64.7
Total Common Equity	1,327	1,478	1,631	1,865	1,820
Minority Interest	189.44	115.02	134.86	231.88	205.65
Shareholders' Equity	1,516	1,593	1,766	2,097	2,026
Total Liabilities & Equity	3,058	3,497	3,698	4,194	4,621
Total Debt	837.06	915.09	1,018	1,172	1,265
Net Cash (Debt)	-114.89	-268.19	-399.87	-554.21	-677.95
Net Cash Per Share	-0.18	-0.41	-0.62	-0.86	-1.04
Filing Date Shares Outstanding	625.33	639.92	642.03	646.06	648.67
Total Common Shares Outstanding	625.33	639.92	646.06	646.06	648.67
Working Capital	805.62	935.69	599.29	1,152	871.76
Book Value Per Share	2.12	2.31	2.52	2.89	2.81
Tangible Book Value	1,241	1,348	1,495	1,715	1,671
Tangible Book Value Per Share	1.98	2.11	2.31	2.65	2.58
Buildings	-	825.72	744.96	751.16	566.29
Machinery	-	1,298	1,343	1,325	1,223
Construction In Progress	-	61.37	97.14	95.63	234.96

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