SHE:002284 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	1,918	1,623	2,156	1,625	1,566
Short-Term Investments	-	-	-	150	549
Trading Asset Securities	1,685	1,508	201.52	902.17	4.27
Cash & Short-Term Investments	3,603	3,131	2,358	2,677	2,119
Cash Growth	15.06%	32.78%	-11.92%	26.35%	35.34%
Accounts Receivable	1,245	1,097	1,020	889.8	891.82
Other Receivables	10.31	16.38	15.48	19.37	3.15
Receivables	1,255	1,114	1,036	909.17	894.97
Inventory	1,015	775.23	793.97	785.86	647.64
Prepaid Expenses	-	-	-	-	0.66
Other Current Assets	72.61	33.02	19.3	16.39	16.81
Total Current Assets	5,945	5,053	4,207	4,389	3,679
Property, Plant & Equipment	1,484	1,460	1,520	1,624	1,679
Long-Term Investments	151.31	158.26	175.46	172.66	172.85
Other Intangible Assets	173.1	148.04	152.39	141.98	146.61
Long-Term Deferred Tax Assets	59.89	45.36	44.1	38.2	34
Long-Term Deferred Charges	-	-	-	-	2.84
Other Long-Term Assets	822.12	142.95	144.21	143.55	155.29
Total Assets	8,635	7,008	6,243	6,509	5,869
Accounts Payable	3,184	2,322	1,874	1,730	1,658
Accrued Expenses	124.36	79.36	71.69	64.85	68.63
Short-Term Debt	1,738	1,489	1,271	812.59	311.13
Current Portion of Long-Term Debt	1.82	-	50.07	972.62	-
Current Portion of Leases	-	1.16	0.24	0.24	0.92
Current Income Taxes Payable	28.92	7.36	4.38	4.1	1.53
Current Unearned Revenue	7.72	28.82	21.83	21.04	15.17
Other Current Liabilities	9.02	9.92	8.73	9.86	11.58
Total Current Liabilities	5,094	3,938	3,302	3,615	2,067
Long-Term Debt	-	-	-	50.07	941.91
Long-Term Leases	2.6	1.12	0.45	0.66	4.87
Long-Term Unearned Revenue	157.15	143.5	139.8	131.94	138.05
Total Liabilities	5,254	4,083	3,442	3,798	3,152
Common Stock	739.1	739.1	739.1	737.69	737.68
Additional Paid-In Capital	1,339	1,339	1,339	1,138	1,138
Retained Earnings	1,362	908.44	769.93	672.97	678.82
Comprehensive Income & Other	-75.5	-77.54	-62.05	122.29	123.62
Total Common Equity	3,364	2,909	2,786	2,671	2,678
Minority Interest	17.09	16.15	15.25	40.51	39.55
Shareholders' Equity	3,381	2,925	2,801	2,711	2,717
Total Liabilities & Equity	8,635	7,008	6,243	6,509	5,869
Total Debt	1,742	1,491	1,322	1,836	1,259
Net Cash (Debt)	1,860	1,640	1,036	841.03	860
Net Cash Growth	13.47%	58.26%	23.18%	-2.21%	73.15%
Net Cash Per Share	2.51	2.22	1.39	1.11	1.18
Filing Date Shares Outstanding	753.35	739.1	739.1	737.69	737.68
Total Common Shares Outstanding	753.35	739.1	739.1	737.69	737.68
Working Capital	850.93	1,115	905.38	773.75	1,612
Book Value Per Share	4.47	3.94	3.77	3.62	3.63
Tangible Book Value	3,191	2,761	2,634	2,529	2,531
Tangible Book Value Per Share	4.24	3.74	3.56	3.43	3.43
Buildings	-	1,183	1,194	1,133	1,086
Machinery	-	2,212	2,100	2,097	2,024
Construction In Progress	-	92	77.57	94.49	70.35

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