SHE:002130 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	1,321	1,028	1,005	864.56	738.06
Short-Term Investments	-	-	10	-	-
Trading Asset Securities	53.79	145.17	60.24	-	-
Cash & Short-Term Investments	1,375	1,173	1,076	864.56	738.06
Cash Growth	17.14%	9.10%	24.41%	17.14%	15.48%
Accounts Receivable	3,628	3,217	2,725	2,335	2,249
Other Receivables	60.62	72.28	36.26	46.38	57.18
Receivables	3,689	3,290	2,762	2,381	2,306
Inventory	1,233	865.31	710.28	701.25	596.31
Prepaid Expenses	-	-	-	6.02	-
Other Current Assets	259.45	209.29	169.45	180.52	190.56
Total Current Assets	6,556	5,538	4,717	4,134	3,831
Property, Plant & Equipment	3,996	3,175	2,783	2,707	2,482
Long-Term Investments	97.66	233.22	240.81	209.55	244.45
Goodwill	694.83	694.83	731.31	759.97	759.97
Other Intangible Assets	529.88	289.27	295.85	283.16	200.04
Long-Term Deferred Tax Assets	130.41	95.29	77.5	82.31	67.05
Long-Term Deferred Charges	127.24	112.85	100.67	90.22	77.16
Other Long-Term Assets	186.85	126.96	55.27	62.19	98.89
Total Assets	12,319	10,265	9,002	8,328	7,760
Accounts Payable	2,019	1,513	1,192	982.44	790.36
Accrued Expenses	358.16	341.74	274.46	290.87	299.85
Short-Term Debt	592	343.62	682.86	593.54	701.5
Current Portion of Long-Term Debt	634.28	153.31	150.68	514.05	540.41
Current Portion of Leases	38.19	32.98	4.94	16.37	17.68
Current Income Taxes Payable	86.32	90.32	62.33	46.82	31.75
Current Unearned Revenue	94.7	79.31	90.28	71.11	50.18
Other Current Liabilities	387.29	321.14	276.37	276.17	351.85
Total Current Liabilities	4,210	2,875	2,734	2,791	2,784
Long-Term Debt	806.38	901.47	622.63	554.67	687.5
Long-Term Leases	221.4	193.41	32.34	37.54	17.78
Long-Term Unearned Revenue	114.38	68.55	74.59	79.06	77.63
Long-Term Deferred Tax Liabilities	159.87	96.61	75.95	66.14	56.58
Other Long-Term Liabilities	2.03	1.57	-	-	-
Total Liabilities	5,514	4,137	3,539	3,529	3,623
Common Stock	1,260	1,260	1,260	1,260	1,260
Additional Paid-In Capital	293.52	270.76	271.32	268.39	251.4
Retained Earnings	5,079	4,227	3,592	2,941	2,388
Treasury Stock	-100.05	-100.05	-100.05	-	-
Comprehensive Income & Other	-34.92	-123.07	-115.21	-127.16	-102.66
Total Common Equity	6,497	5,535	4,908	4,343	3,796
Minority Interest	307.38	593.52	554.96	456.77	340.85
Shareholders' Equity	6,804	6,128	5,463	4,799	4,137
Total Liabilities & Equity	12,319	10,265	9,002	8,328	7,760
Total Debt	2,292	1,625	1,493	1,716	1,965
Net Cash (Debt)	-917.64	-451.37	-417.84	-851.61	-1,227
Net Cash Per Share	-0.74	-0.36	-0.33	-0.68	-0.98
Filing Date Shares Outstanding	1,390	1,246	1,246	1,260	1,260
Total Common Shares Outstanding	1,246	1,246	1,246	1,260	1,260
Working Capital	2,345	2,662	1,983	1,342	1,047
Book Value Per Share	5.21	4.44	3.94	3.45	3.01
Tangible Book Value	5,272	4,551	3,880	3,299	2,836
Tangible Book Value Per Share	4.23	3.65	3.11	2.62	2.25
Buildings	1,715	1,698	1,530	1,502	1,219
Machinery	3,376	2,587	2,380	2,263	2,103
Construction In Progress	386.67	232.17	226.3	131.47	229.6

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