SHE:002169 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	-	880.35	1,006	721.03	418.31
Trading Asset Securities	-	-	10.07	51.43	71.58
Cash & Short-Term Investments	475.49	880.35	1,016	772.46	489.88
Cash Growth	-45.99%	-13.38%	31.57%	57.68%	-10.99%
Accounts Receivable	-	1,940	2,006	1,484	1,502
Other Receivables	-	61.65	49.15	45.19	32.31
Receivables	-	2,001	2,055	1,530	1,535
Inventory	-	678.05	601.37	504.99	540.81
Prepaid Expenses	-	-	-	0.38	0.51
Other Current Assets	-	192.12	126.11	122.93	204.18
Total Current Assets	-	3,752	3,799	2,930	2,770
Property, Plant & Equipment	-	2,860	2,366	1,307	1,255
Long-Term Investments	-	1,160	1,261	1,619	1,508
Goodwill	-	19.35	19.35	27.44	46.99
Other Intangible Assets	-	722.77	715.12	423.34	469.42
Long-Term Deferred Tax Assets	-	127.37	86.12	85.3	90.23
Long-Term Deferred Charges	-	3.18	3.91	4.97	19.25
Other Long-Term Assets	-	51.96	51.65	44.08	34.76
Total Assets	-	8,697	8,303	6,441	6,194
Accounts Payable	-	1,710	1,903	1,020	848.03
Accrued Expenses	-	80.93	86.59	77.33	49.63
Short-Term Debt	-	1,378	1,436	936.3	983.67
Current Portion of Long-Term Debt	-	184.66	21.68	287.12	39.21
Current Portion of Leases	-	2.02	2.96	3.75	1.5
Current Income Taxes Payable	-	13.68	4.78	7.44	2.95
Current Unearned Revenue	-	212.65	174.99	146.26	125.2
Other Current Liabilities	-	188.13	438.86	133.01	205.42
Total Current Liabilities	-	3,770	4,069	2,612	2,256
Long-Term Debt	-	914.92	444.11	30.18	344
Long-Term Leases	-	9.46	11.11	15.94	2.55
Long-Term Unearned Revenue	-	31.2	20.58	22.85	25.15
Long-Term Deferred Tax Liabilities	-	155.05	172.08	201.65	158.1
Other Long-Term Liabilities	-	878.87	282.37	130.8	55.18
Total Liabilities	-	5,760	4,999	3,013	2,841
Common Stock	-	782.7	787.79	787.79	787.79
Additional Paid-In Capital	-	1,632	1,619	1,600	1,541
Retained Earnings	-	348.33	753.06	988.75	1,024
Treasury Stock	-	-59.47	-84.95	-84.95	-96.43
Comprehensive Income & Other	-	-7.38	5.99	22.17	2.13
Total Common Equity	2,638	2,696	3,081	3,314	3,258
Minority Interest	-	240.39	223.37	114.25	95.48
Shareholders' Equity	2,934	2,937	3,304	3,428	3,353
Total Liabilities & Equity	-	8,697	8,303	6,441	6,194
Total Debt	2,712	2,489	1,915	1,273	1,371
Net Cash (Debt)	-2,236	-1,609	-899.05	-500.82	-881.05
Net Cash Per Share	-2.89	-2.09	-1.17	-0.65	-1.14
Filing Date Shares Outstanding	770.77	773.99	769.83	769.83	769.83
Total Common Shares Outstanding	770.77	773.99	769.83	769.83	769.83
Working Capital	-	-18.51	-269.26	318.78	514.38
Book Value Per Share	3.40	3.48	4.00	4.30	4.23
Tangible Book Value	1,921	1,954	2,346	2,863	2,741
Tangible Book Value Per Share	2.47	2.52	3.05	3.72	3.56
Buildings	-	1,214	763.9	618.66	616.03
Machinery	-	1,886	1,258	1,532	1,597
Construction In Progress	-	686.31	1,157	161.1	38.41

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