SHE:002372 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,185	1,732	3,174	3,177	2,410
Trading Asset Securities	1,190	801.33	-	-	163.8
Cash & Short-Term Investments	2,375	2,534	3,174	3,177	2,574
Cash Growth	-6.28%	-20.18%	-0.10%	23.45%	20.46%
Accounts Receivable	487.5	574.47	594.97	523.89	409.46
Other Receivables	7.27	8.85	9.17	95.25	26.55
Receivables	494.77	583.32	604.15	619.14	436.01
Inventory	876.32	951.44	1,015	891.64	1,073
Prepaid Expenses	0.35	1.13	1.71	1.88	-
Other Current Assets	249.56	219.16	258	237.25	223.17
Total Current Assets	3,996	4,289	5,054	4,927	4,306
Property, Plant & Equipment	1,674	1,613	1,452	1,364	1,329
Long-Term Investments	300.17	252.76	233.92	278.48	482.62
Goodwill	-	13.49	87.46	-	-
Other Intangible Assets	367.87	392.89	362.55	285.73	255.32
Long-Term Deferred Tax Assets	20.94	24.34	23.73	34.29	45.1
Long-Term Deferred Charges	8.56	15.53	18.36	15.55	11.83
Other Long-Term Assets	25.28	30.81	60.28	33.01	5.95
Total Assets	6,393	6,632	7,292	6,939	6,436
Accounts Payable	570.05	502.33	496.74	438.34	385.25
Accrued Expenses	202.86	230.78	251.26	234.11	226.99
Short-Term Debt	0.6	10.14	36.55	14.02	-
Current Portion of Leases	2.96	5.03	4.89	0.95	0.96
Current Income Taxes Payable	59.74	64.59	73.31	85.28	93.52
Current Unearned Revenue	439.11	383.4	445.15	409.33	541.01
Other Current Liabilities	125.92	107.75	152.99	173.19	208.62
Total Current Liabilities	1,401	1,304	1,461	1,355	1,456
Long-Term Leases	6.44	7.69	11.69	10.24	7.17
Long-Term Unearned Revenue	35.06	37.55	28.99	28.4	18.22
Long-Term Deferred Tax Liabilities	28.14	33.09	29.7	20.92	19.14
Other Long-Term Liabilities	3.04	14.7	11.13	73.62	-
Total Liabilities	1,474	1,397	1,542	1,488	1,501
Common Stock	1,592	1,592	1,592	1,592	1,592
Additional Paid-In Capital	461.78	472.86	473.03	471.63	433.63
Retained Earnings	3,127	3,330	3,792	3,315	2,972
Treasury Stock	-300.02	-300.02	-258.96	-44.7	-86.45
Comprehensive Income & Other	4.06	-1.71	-3.88	-6.56	-4.14
Total Common Equity	4,885	5,093	5,594	5,327	4,907
Minority Interest	33.4	141.7	155.22	123.36	27.81
Shareholders' Equity	4,919	5,235	5,749	5,450	4,935
Total Liabilities & Equity	6,393	6,632	7,292	6,939	6,436
Total Debt	10	22.85	53.13	25.21	8.13
Net Cash (Debt)	2,365	2,511	3,121	3,152	2,566
Net Cash Growth	-5.82%	-19.56%	-0.98%	22.86%	20.08%
Net Cash Per Share	1.50	1.61	1.96	1.99	1.61
Filing Date Shares Outstanding	1,572	1,572	1,575	1,573	1,623
Total Common Shares Outstanding	1,572	1,572	1,575	1,573	1,623
Working Capital	2,594	2,985	3,593	3,572	2,850
Book Value Per Share	3.11	3.24	3.55	3.39	3.02
Tangible Book Value	4,517	4,687	5,144	5,041	4,652
Tangible Book Value Per Share	2.87	2.98	3.27	3.20	2.87
Buildings	1,765	1,467	1,412	1,326	1,209
Machinery	1,097	1,030	931.77	891.2	812.35
Construction In Progress	130.3	286.71	139.95	65.5	94.84

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