SHE:002153 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	4,032	4,238	4,540	4,687	5,047
Trading Asset Securities	9.88	18.2	9.99	86.5	142.92
Cash & Short-Term Investments	4,042	4,256	4,550	4,774	5,190
Cash Growth	-5.02%	-6.45%	-4.70%	-8.01%	-0.77%
Accounts Receivable	576.56	579.24	594.05	570.89	630.49
Other Receivables	113.22	243.3	193.33	41.91	123.61
Receivables	689.79	822.54	787.38	612.8	754.1
Inventory	371.48	337.89	371.57	351.36	357.13
Prepaid Expenses	-	-	-	3.56	-
Other Current Assets	144.36	95.73	92.09	89.27	137.57
Total Current Assets	5,248	5,512	5,801	5,831	6,438
Property, Plant & Equipment	615.21	667.94	695.68	708.05	689.95
Long-Term Investments	85.41	98.08	212.27	323.02	359.53
Goodwill	1,206	1,205	1,197	1,192	1,546
Other Intangible Assets	2,022	1,773	1,596	1,359	1,341
Long-Term Deferred Tax Assets	120.68	126.79	121.09	104.95	84.43
Long-Term Deferred Charges	1.05	0.84	1.12	1.64	1.71
Other Long-Term Assets	60.67	63.76	68.18	71.57	41.94
Total Assets	9,358	9,447	9,692	9,591	10,503
Accounts Payable	275.42	244.51	300.3	204.44	277.16
Accrued Expenses	231.55	229.26	259.16	214.66	250.02
Short-Term Debt	19.93	0.22	6.24	0.4	1.19
Current Portion of Leases	21.14	19.81	22.61	21.93	25.49
Current Income Taxes Payable	146.08	95.59	113.19	161.99	210.26
Current Unearned Revenue	542.98	565.28	524.7	443.53	434.47
Other Current Liabilities	323.36	277.88	250.63	291.68	337.89
Total Current Liabilities	1,560	1,433	1,477	1,339	1,536
Long-Term Leases	22.62	38.29	28.86	41	56.45
Long-Term Unearned Revenue	-	-	-	0.2	0.25
Long-Term Deferred Tax Liabilities	8.39	11.53	15.22	18.48	24.59
Other Long-Term Liabilities	7.13	6.4	7.37	14.13	14.85
Total Liabilities	1,599	1,489	1,528	1,412	1,633
Common Stock	2,729	2,729	2,729	2,099	1,500
Additional Paid-In Capital	2,785	2,783	2,774	3,382	3,991
Retained Earnings	1,074	1,267	1,565	1,670	2,494
Comprehensive Income & Other	278.06	317.84	277.75	255.23	75.71
Total Common Equity	6,866	7,097	7,347	7,406	8,061
Minority Interest	893.34	861.4	817.56	772.28	809.81
Shareholders' Equity	7,759	7,958	8,164	8,179	8,870
Total Liabilities & Equity	9,358	9,447	9,692	9,591	10,503
Total Debt	63.7	58.32	57.71	63.33	83.13
Net Cash (Debt)	3,978	4,198	4,492	4,711	5,106
Net Cash Growth	-5.22%	-6.55%	-4.64%	-7.75%	-2.35%
Net Cash Per Share	1.44	1.48	1.72	1.69	1.89
Filing Date Shares Outstanding	2,729	2,729	2,729	2,729	2,729
Total Common Shares Outstanding	2,729	2,729	2,729	2,729	2,729
Working Capital	3,687	4,080	4,324	4,492	4,902
Book Value Per Share	2.52	2.60	2.69	2.71	2.95
Tangible Book Value	3,639	4,119	4,553	4,855	5,174
Tangible Book Value Per Share	1.33	1.51	1.67	1.78	1.90
Buildings	842.47	817.88	815.92	696.9	529.62
Machinery	176.97	176.74	173.24	164.12	158.65
Construction In Progress	0.9	27.77	24.2	113.53	220.38

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