SHE:002138 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	349.97	302.27	778.84	451.39	493.3
Trading Asset Securities	-	-	-	7.02	-
Cash & Short-Term Investments	349.97	302.27	778.84	458.41	493.3
Cash Growth	15.78%	-61.19%	69.90%	-7.07%	51.45%
Accounts Receivable	3,313	3,060	2,706	2,109	1,986
Other Receivables	8.32	6.86	7.78	8.99	8.32
Receivables	3,321	3,067	2,714	2,118	1,994
Inventory	1,322	997.04	864.61	929.55	1,048
Other Current Assets	281.12	333.42	287.62	143.76	189.37
Total Current Assets	5,274	4,700	4,645	3,650	3,725
Property, Plant & Equipment	6,804	6,686	6,556	5,954	4,816
Long-Term Investments	274.87	269.86	225.39	172.84	135.62
Goodwill	301.87	301.87	340.51	360.05	360.05
Other Intangible Assets	485.01	497.19	510.59	523.05	443.2
Long-Term Deferred Tax Assets	25.51	132.44	173.29	152.81	120.68
Long-Term Deferred Charges	83.93	69.08	55.48	54.3	31.92
Other Long-Term Assets	44.26	49.97	62.47	73.37	109.32
Total Assets	13,294	12,706	12,568	10,940	9,741
Accounts Payable	1,087	900.25	803.49	613.06	889.04
Accrued Expenses	582.54	461.5	286.96	184.11	279.43
Short-Term Debt	500.15	630.97	1,006	819.05	553.33
Current Portion of Long-Term Debt	530.44	599.28	620.98	182.61	108.37
Current Portion of Leases	10.72	11.97	2.56	9.52	6.55
Current Income Taxes Payable	49.01	39.62	42.98	16.03	6.02
Current Unearned Revenue	11.37	16.47	10.4	13.04	18.6
Other Current Liabilities	624.15	554.24	625.14	553.84	375.15
Total Current Liabilities	3,396	3,214	3,399	2,391	2,236
Long-Term Debt	2,091	2,039	2,116	2,000	1,226
Long-Term Leases	7.77	16.3	13.96	1.51	1.12
Long-Term Unearned Revenue	199.74	192.43	195.31	160.1	156.13
Long-Term Deferred Tax Liabilities	176.52	290.86	304.97	288.64	236.71
Other Long-Term Liabilities	-	-	-	-	35
Total Liabilities	5,870	5,753	6,029	4,841	3,891
Common Stock	806.32	806.32	806.32	806.32	806.32
Additional Paid-In Capital	1,779	1,864	2,075	2,116	2,116
Retained Earnings	4,643	4,096	3,501	3,019	2,826
Treasury Stock	-429.95	-483.8	-399.97	-364.18	-199.96
Comprehensive Income & Other	-19.13	-19.08	-18.24	-18.59	-16.6
Total Common Equity	6,780	6,263	5,964	5,558	5,532
Minority Interest	643.37	690.18	575.92	540.77	317.71
Shareholders' Equity	7,423	6,953	6,540	6,099	5,850
Total Liabilities & Equity	13,294	12,706	12,568	10,940	9,741
Total Debt	3,140	3,298	3,760	3,012	1,895
Net Cash (Debt)	-2,790	-2,995	-2,981	-2,554	-1,402
Net Cash Per Share	-3.55	-3.78	-3.77	-3.19	-1.75
Filing Date Shares Outstanding	798.59	792.31	791.94	793.3	800.21
Total Common Shares Outstanding	798.59	792.31	791.94	793.3	800.21
Working Capital	1,878	1,486	1,246	1,259	1,488
Book Value Per Share	8.49	7.90	7.53	7.01	6.91
Tangible Book Value	5,993	5,464	5,113	4,675	4,729
Tangible Book Value Per Share	7.50	6.90	6.46	5.89	5.91
Buildings	4,222	3,661	3,363	2,154	1,410
Machinery	6,182	5,721	5,407	5,096	4,499
Construction In Progress	504.14	873.82	848.76	1,304	1,059

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