SHE:002190 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	173.6	132.91	181.02	152.9	186.02
Trading Asset Securities	-	-	-	-	0.61
Cash & Short-Term Investments	173.6	132.91	181.02	152.9	186.63
Cash Growth	30.61%	-26.58%	18.40%	-18.07%	10.08%
Accounts Receivable	1,135	1,246	1,094	826.67	711.45
Other Receivables	38.36	33.77	7.52	6.07	9.4
Receivables	1,173	1,279	1,102	832.74	720.85
Inventory	452.66	477.23	447.48	400.4	373.02
Other Current Assets	105.51	87.23	135.22	90.14	93.8
Total Current Assets	1,905	1,977	1,865	1,476	1,374
Property, Plant & Equipment	915.49	814.63	751.92	667.45	557.86
Long-Term Investments	3,330	1,849	2,456	2,415	5,029
Other Intangible Assets	110.9	113.65	116.92	71.44	73.73
Long-Term Deferred Tax Assets	10.9	13.56	34.61	23.94	21.34
Long-Term Deferred Charges	170.92	135.34	112.19	95.91	46.21
Other Long-Term Assets	0.93	5.07	8.54	19.85	77.99
Total Assets	6,444	4,908	5,346	4,770	7,180
Accounts Payable	1,090	1,018	866.35	619.96	462.93
Accrued Expenses	11.47	30.92	7.14	9.24	9.9
Short-Term Debt	165.61	138.03	183.71	94.45	126.29
Current Portion of Long-Term Debt	163.84	86.03	30.15	64.25	3.91
Current Portion of Leases	13.21	21.45	18.34	7.59	1.39
Current Income Taxes Payable	-	5.52	-	4.24	7.05
Current Unearned Revenue	96.69	118.64	121.22	141.88	105.25
Other Current Liabilities	228.06	211.87	139.83	122.8	95.47
Total Current Liabilities	1,769	1,631	1,367	1,064	812.19
Long-Term Debt	184.1	245.85	259.74	65.44	182.28
Long-Term Leases	16.51	19.4	32.74	17.48	10.93
Long-Term Unearned Revenue	42.88	48.71	42.39	43.29	43.62
Long-Term Deferred Tax Liabilities	251.45	10.08	131.38	121.63	515.3
Total Liabilities	2,264	1,955	1,833	1,312	1,564
Common Stock	358.73	358.73	358.73	358.73	358.73
Additional Paid-In Capital	1,296	1,296	1,296	1,296	1,296
Retained Earnings	809.36	853.31	932.71	937.11	896.58
Comprehensive Income & Other	1,392	139	661.49	651.58	2,873
Total Common Equity	3,856	2,647	3,249	3,243	5,424
Minority Interest	324.78	306.5	264.27	214.63	191.39
Shareholders' Equity	4,180	2,953	3,513	3,458	5,616
Total Liabilities & Equity	6,444	4,908	5,346	4,770	7,180
Total Debt	543.27	510.75	524.68	249.22	324.8
Net Cash (Debt)	-369.67	-377.84	-343.66	-96.32	-138.17
Net Cash Per Share	-1.03	-1.05	-0.96	-0.27	-0.39
Filing Date Shares Outstanding	358.73	358.73	358.73	358.73	358.73
Total Common Shares Outstanding	358.73	358.73	358.73	358.73	358.73
Working Capital	136.15	346.29	498.74	411.75	562.11
Book Value Per Share	10.75	7.38	9.06	9.04	15.12
Tangible Book Value	3,745	2,533	3,132	3,172	5,351
Tangible Book Value Per Share	10.44	7.06	8.73	8.84	14.92
Buildings	304.25	248.14	238.97	238.97	237.62
Machinery	1,377	1,214	1,101	927.17	880.15
Construction In Progress	47.13	70.7	57.32	113.57	32.55

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