SHE:002101 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	-	2,738	2,833	461.06	433.82
Cash & Short-Term Investments	1,704	2,738	2,833	461.06	433.82
Cash Growth	-37.76%	-3.35%	514.43%	6.28%	-34.11%
Accounts Receivable	-	3,513	2,890	2,170	1,717
Other Receivables	-	230.96	222.86	175.05	40.74
Receivables	-	3,744	3,113	2,346	1,758
Inventory	-	1,445	1,195	1,225	914.12
Prepaid Expenses	-	-	-	0.99	-
Other Current Assets	-	129.56	46.91	37.47	31.58
Total Current Assets	-	8,057	7,188	4,070	3,137
Property, Plant & Equipment	-	4,207	3,430	3,058	2,617
Long-Term Investments	-	253.4	256.4	59.57	112.58
Goodwill	-	793.68	793.68	793.68	793.68
Other Intangible Assets	-	302.7	316.19	328.09	320.12
Long-Term Accounts Receivable	-	-	-	-	0.49
Long-Term Deferred Tax Assets	-	134.92	87.21	66.74	50.82
Long-Term Deferred Charges	-	709.28	593.01	543.31	455.85
Other Long-Term Assets	-	243.93	182.83	229.92	139.09
Total Assets	-	14,702	12,847	9,149	7,627
Accounts Payable	-	4,418	3,083	2,064	1,518
Accrued Expenses	-	316.9	314.29	267.13	357.03
Short-Term Debt	-	76	190.45	344.5	138
Current Portion of Long-Term Debt	-	250	191.84	120	17.89
Current Portion of Leases	-	71	49.52	56.04	10.1
Current Income Taxes Payable	-	11.38	20.14	9.23	7.83
Current Unearned Revenue	-	2.81	3.16	3.87	5.82
Other Current Liabilities	-	724.7	572.8	628.78	70.23
Total Current Liabilities	-	5,870	4,425	3,493	2,125
Long-Term Debt	-	288.25	313.7	230	282.7
Long-Term Leases	-	266.46	96.6	41.73	8.13
Long-Term Unearned Revenue	-	121.75	93.07	88.18	100.7
Long-Term Deferred Tax Liabilities	-	95.05	63.9	60.77	23.99
Total Liabilities	-	6,642	4,993	3,914	2,540
Common Stock	-	664.65	664.65	528.88	528.88
Additional Paid-In Capital	-	4,760	4,758	2,680	2,775
Retained Earnings	-	2,402	2,199	1,777	1,470
Treasury Stock	-	-27.61	-28.39	-	-
Comprehensive Income & Other	-	-1.13	-3.9	-	-
Total Common Equity	7,817	7,797	7,590	4,986	4,774
Minority Interest	-	263.12	264.96	249.21	312.42
Shareholders' Equity	8,067	8,061	7,855	5,235	5,087
Total Liabilities & Equity	-	14,702	12,847	9,149	7,627
Total Debt	1,051	951.71	842.11	792.27	456.82
Net Cash (Debt)	653.12	1,786	1,991	-331.21	-22.99
Net Cash Growth	-63.44%	-10.27%	-	-	-
Net Cash Per Share	0.99	2.71	3.48	-0.63	-0.04
Filing Date Shares Outstanding	647.83	664.65	664.65	528.88	528.88
Total Common Shares Outstanding	664.38	664.65	664.65	528.88	528.88
Working Capital	-	2,187	2,762	576.62	1,012
Book Value Per Share	11.77	11.73	11.42	9.43	9.03
Tangible Book Value	6,724	6,701	6,480	3,864	3,660
Tangible Book Value Per Share	10.12	10.08	9.75	7.31	6.92
Buildings	-	1,547	1,416	1,345	1,264
Machinery	-	5,051	4,157	3,715	2,925
Construction In Progress	-	209.36	221.83	95.31	125.23

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