SHE:002161 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	404.57	332.55	265.42	371.19	434.35
Trading Asset Securities	335.76	398.89	274.68	293.98	299.94
Cash & Short-Term Investments	740.33	731.44	540.1	665.17	734.29
Cash Growth	1.22%	35.43%	-18.80%	-9.41%	5.34%
Accounts Receivable	228.27	202.46	202.54	193.25	175.43
Other Receivables	42.7	18.84	49.86	50.47	45.42
Receivables	270.97	221.3	252.4	243.73	220.85
Inventory	162.55	149.13	175.98	184.66	141.81
Prepaid Expenses	-	0.08	0.06	0.07	0.08
Other Current Assets	40.61	72.89	26.26	34.38	26.03
Total Current Assets	1,214	1,175	994.81	1,128	1,123
Property, Plant & Equipment	452.78	426.15	360.94	294.3	247.79
Long-Term Investments	348.35	410.03	543.8	515.88	510.49
Goodwill	100.93	112.82	140.62	146.01	150.37
Other Intangible Assets	430.1	474.62	574.28	598.06	621.11
Long-Term Deferred Tax Assets	28.79	43.35	36.37	35.88	25.23
Long-Term Deferred Charges	14.7	6.73	19.34	16.53	16.37
Other Long-Term Assets	47.68	50.96	54.9	53.6	55.36
Total Assets	2,638	2,700	2,725	2,788	2,750
Accounts Payable	131.79	113.93	139.8	102.28	78.48
Accrued Expenses	8.56	21.33	20.79	24.88	18.96
Short-Term Debt	465.89	428.52	461.99	375.82	456
Current Portion of Long-Term Debt	35.41	190.62	28.12	138.71	90.08
Current Portion of Leases	-	7.05	5.43	6.17	6.61
Current Income Taxes Payable	14.6	0.07	0.03	0.12	0.65
Current Unearned Revenue	49.74	49.13	66.99	55.42	40.55
Other Current Liabilities	20.95	36.41	40.02	55.54	55.99
Total Current Liabilities	726.95	847.07	763.16	758.93	747.33
Long-Term Debt	189.98	139.61	255.53	391.96	351.47
Long-Term Leases	2.88	5.17	5.59	10.32	2.62
Long-Term Unearned Revenue	4.6	5.66	7.25	9.39	11.53
Long-Term Deferred Tax Liabilities	141.99	166.31	171.12	175.98	183.59
Other Long-Term Liabilities	-	-	28.56	-	-
Total Liabilities	1,066	1,164	1,231	1,347	1,297
Common Stock	739.76	739.76	739.76	739.76	739.76
Additional Paid-In Capital	322.43	335.5	331.41	339.03	332.07
Retained Earnings	470.92	466.62	448.46	420.34	450.37
Treasury Stock	-	-31.99	-31.99	-63.99	-63.99
Comprehensive Income & Other	29.46	20.93	10.4	10.63	-2.1
Total Common Equity	1,563	1,531	1,498	1,446	1,456
Minority Interest	8.85	4.89	-4.18	-4.08	-2.88
Shareholders' Equity	1,571	1,536	1,494	1,442	1,453
Total Liabilities & Equity	2,638	2,700	2,725	2,788	2,750
Total Debt	694.15	770.97	756.65	922.98	906.77
Net Cash (Debt)	46.18	-39.54	-216.55	-257.8	-172.48
Net Cash Per Share	0.06	-0.05	-0.29	-0.35	-0.23
Filing Date Shares Outstanding	741.43	743.32	739.11	737.91	738.85
Total Common Shares Outstanding	741.43	743.32	739.11	737.91	738.85
Working Capital	487.53	327.77	231.64	369.08	375.73
Book Value Per Share	2.11	2.06	2.03	1.96	1.97
Tangible Book Value	1,032	943.37	783.12	701.7	684.64
Tangible Book Value Per Share	1.39	1.27	1.06	0.95	0.93
Buildings	-	211.97	230.76	230.64	231.94
Machinery	-	193.74	186.66	182.21	179.48
Construction In Progress	-	234.98	147.37	67.61	12.9

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