SHE:002287 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	-	189.59	403.43	437.57	666.63
Short-Term Investments	-	-	-	224.65	107.74
Trading Asset Securities	-	2,807	1,963	1,539	1,184
Cash & Short-Term Investments	3,022	2,997	2,366	2,202	1,958
Cash Growth	0.84%	26.64%	7.49%	12.42%	6.98%
Accounts Receivable	-	942.91	604.86	825.39	606.61
Other Receivables	-	6.18	18.34	10.03	212.89
Receivables	-	949.09	623.19	835.42	819.49
Inventory	-	185.33	156.33	127.77	118.5
Prepaid Expenses	-	0.09	1.11	6.88	1.99
Other Current Assets	-	22.9	47.25	20.83	38.07
Total Current Assets	-	4,154	3,194	3,192	2,936
Property, Plant & Equipment	-	1,695	1,647	1,144	821.35
Long-Term Investments	-	561.24	1,043	1,116	1,357
Other Intangible Assets	-	325.5	351.62	374.81	399.33
Long-Term Deferred Tax Assets	-	36.02	39.39	30.59	26.68
Long-Term Deferred Charges	-	3.92	4.95	3.29	5.25
Other Long-Term Assets	-	14.79	17.68	26.33	21.28
Total Assets	-	6,790	6,298	5,888	5,568
Accounts Payable	-	235.44	266.23	93.47	184
Accrued Expenses	-	366.76	352.86	330.7	297.27
Short-Term Debt	-	813.01	451.52	701.73	501.81
Current Portion of Long-Term Debt	-	80.28	9.02	54.11	103.93
Current Portion of Leases	-	5.34	6.39	6.47	5.07
Current Income Taxes Payable	-	18.8	55.56	25.9	9.83
Current Unearned Revenue	-	110.02	73.89	102.16	110.11
Other Current Liabilities	-	34.97	29.74	45.59	95.96
Total Current Liabilities	-	1,665	1,245	1,360	1,308
Long-Term Debt	-	797.8	1,061	929.47	836.48
Long-Term Leases	-	1.68	7	4.91	4.94
Long-Term Unearned Revenue	-	184.14	191.3	167.04	154.66
Long-Term Deferred Tax Liabilities	-	26.28	20.94	36.39	40.71
Other Long-Term Liabilities	-	2.6	2.6	2.6	2.6
Total Liabilities	-	2,677	2,528	2,501	2,347
Common Stock	-	531.09	530.19	530.22	530.3
Additional Paid-In Capital	-	495.02	477.25	476.33	480.44
Retained Earnings	-	2,904	2,576	2,202	2,042
Treasury Stock	-	-	-0.48	-8.68	-16.97
Comprehensive Income & Other	-	134.35	137.25	136.4	133.14
Total Common Equity	4,802	4,064	3,720	3,336	3,169
Minority Interest	-	48.94	49.82	51.64	51.35
Shareholders' Equity	4,851	4,113	3,770	3,388	3,220
Total Liabilities & Equity	-	6,790	6,298	5,888	5,568
Total Debt	987.2	1,698	1,535	1,697	1,452
Net Cash (Debt)	2,035	1,299	831.28	504.82	506.11
Net Cash Growth	56.68%	56.24%	64.67%	-0.26%	-18.75%
Net Cash Per Share	3.74	2.45	1.57	0.95	0.96
Filing Date Shares Outstanding	568.35	530.03	530.19	529.64	528.63
Total Common Shares Outstanding	569.44	531.09	530.19	529.64	528.63
Working Capital	-	2,490	1,949	1,832	1,628
Book Value Per Share	8.43	7.65	7.02	6.30	5.99
Tangible Book Value	4,495	3,739	3,369	2,961	2,770
Tangible Book Value Per Share	7.89	7.04	6.35	5.59	5.24
Buildings	-	1,356	1,309	705.16	671.59
Machinery	-	425.39	328.81	190.32	181.58
Construction In Progress	-	294.56	302.75	533.08	212.04

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