SHE:002249 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	2,768	3,532	2,512	2,474	2,797
Short-Term Investments	1,427	1,091	96.27	-	-
Trading Asset Securities	-	-	548.7	441	73.9
Cash & Short-Term Investments	4,195	4,623	3,157	2,915	2,870
Cash Growth	-9.26%	46.42%	8.32%	1.55%	14.01%
Accounts Receivable	3,851	4,119	4,255	4,056	4,005
Other Receivables	176.07	196.6	195.83	98.57	158.57
Receivables	4,027	4,316	4,451	4,154	4,164
Inventory	1,678	2,024	1,982	2,433	2,888
Prepaid Expenses	7.48	14.16	8.93	-	12.32
Other Current Assets	208.56	258.37	252.68	274.83	531.43
Total Current Assets	10,116	11,235	9,852	9,777	10,466
Property, Plant & Equipment	2,576	2,052	1,913	2,028	2,237
Long-Term Investments	4,125	2,744	2,446	1,344	326.59
Goodwill	824.55	824.55	790.14	803.56	838.63
Other Intangible Assets	375.55	393.78	446.95	545.73	599.64
Long-Term Accounts Receivable	-	-	32.98	70.94	111.6
Long-Term Deferred Tax Assets	408.17	409.14	324.91	288.3	251.52
Long-Term Deferred Charges	59.12	49.28	48.17	68.44	73.37
Other Long-Term Assets	240.95	234.26	240.45	267.81	249.92
Total Assets	18,725	17,941	16,094	15,194	15,154
Accounts Payable	5,602	5,879	5,151	4,724	4,989
Accrued Expenses	1,192	1,015	653.45	438.6	361.47
Short-Term Debt	97.08	55.03	25	59.33	31.88
Current Portion of Long-Term Debt	17.03	8.5	3.52	3.39	10.01
Current Portion of Leases	199.24	29.8	13.57	25.98	33.7
Current Income Taxes Payable	170.37	146.16	122.09	88.15	81.41
Current Unearned Revenue	50.78	36.86	35.54	24.97	17.84
Other Current Liabilities	266.16	267.34	310.94	298.1	346.47
Total Current Liabilities	7,594	7,437	6,315	5,662	5,872
Long-Term Debt	130.4	30.68	39.49	15.66	9.58
Long-Term Leases	232.15	202.24	207.72	216.28	224.63
Long-Term Unearned Revenue	101.91	121.89	125.08	292.91	367.34
Long-Term Deferred Tax Liabilities	119.81	208.02	193.04	222.5	135.92
Other Long-Term Liabilities	468.71	517.13	428.5	371.65	346.19
Total Liabilities	8,647	8,517	7,309	6,781	6,956
Common Stock	2,462	2,444	2,399	2,381	2,366
Additional Paid-In Capital	5,746	5,667	5,552	5,452	5,389
Retained Earnings	1,799	1,276	845.14	595.67	547.17
Treasury Stock	-56.9	-72.34	-54.03	-62.32	-39.94
Comprehensive Income & Other	-85.01	-21.29	-38.88	-50.19	-188.67
Total Common Equity	9,866	9,293	8,702	8,316	8,073
Minority Interest	211.77	131.38	83.33	96.33	124.75
Shareholders' Equity	10,078	9,424	8,786	8,413	8,198
Total Liabilities & Equity	18,725	17,941	16,094	15,194	15,154
Total Debt	675.91	326.24	289.3	320.64	309.81
Net Cash (Debt)	3,519	4,297	2,868	2,594	2,561
Net Cash Growth	-18.10%	49.82%	10.55%	1.31%	3.82%
Net Cash Per Share	1.43	1.79	1.18	1.09	1.12
Filing Date Shares Outstanding	2,458	2,410	2,399	2,381	2,366
Total Common Shares Outstanding	2,458	2,410	2,399	2,381	2,366
Working Capital	2,522	3,798	3,537	4,115	4,594
Book Value Per Share	4.01	3.86	3.63	3.49	3.41
Tangible Book Value	8,666	8,074	7,465	6,967	6,635
Tangible Book Value Per Share	3.53	3.35	3.11	2.93	2.80
Land	106.67	-	-	-	-
Buildings	1,191	1,164	1,156	1,265	1,266
Machinery	2,975	2,902	2,626	2,708	2,696
Construction In Progress	369.64	81.65	109.48	65.36	43.84

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