SHE:002378 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	-	494.18	660.54	558.59	730.35
Trading Asset Securities	-	-	-	3.73	-
Cash & Short-Term Investments	609.84	494.18	660.54	562.33	730.35
Cash Growth	23.40%	-25.19%	17.47%	-23.01%	35.28%
Accounts Receivable	-	737.06	569.8	521.42	490.21
Other Receivables	-	2.38	2.73	2.75	1.04
Receivables	-	739.44	572.54	524.17	491.25
Inventory	-	1,435	1,487	1,417	1,167
Other Current Assets	-	42.81	46.3	96.6	45.32
Total Current Assets	-	2,711	2,766	2,600	2,434
Property, Plant & Equipment	-	1,695	1,524	1,568	1,486
Long-Term Investments	-	116.14	111.49	109.26	102.78
Goodwill	-	-	-	2.83	2.83
Other Intangible Assets	-	381.03	409.21	437.9	471.68
Long-Term Deferred Tax Assets	-	14.22	12.77	13.26	13.1
Long-Term Deferred Charges	-	35.05	32.36	46.86	50.39
Other Long-Term Assets	-	20.88	19.64	13.26	14.45
Total Assets	-	4,974	4,876	4,792	4,575
Accounts Payable	-	715.78	524.58	913.7	857.91
Accrued Expenses	-	110.3	108.08	96.13	83.48
Short-Term Debt	-	815.58	887.85	557.73	852.62
Current Portion of Long-Term Debt	-	233.61	574.82	211.47	200.63
Current Portion of Leases	-	2.52	1.92	1.99	1.45
Current Income Taxes Payable	-	13.31	22.63	0.36	13.19
Current Unearned Revenue	-	18.95	29.24	6.59	29.29
Other Current Liabilities	-	15.45	12.86	68.02	101.23
Total Current Liabilities	-	1,926	2,162	1,856	2,140
Long-Term Debt	-	794.46	543.45	706.5	294.67
Long-Term Leases	-	2.93	0.5	1.47	4.51
Long-Term Unearned Revenue	-	91.4	107.99	127.44	138.2
Long-Term Deferred Tax Liabilities	-	20.88	15.3	15.55	3.86
Other Long-Term Liabilities	-	4.12	3.37	79.13	114.68
Total Liabilities	-	2,839	2,833	2,786	2,696
Common Stock	-	1,201	1,201	924.17	924.17
Additional Paid-In Capital	-	295.5	302.58	579.5	583.88
Retained Earnings	-	623.4	523.46	490.4	379.49
Treasury Stock	-	-	-	-0.84	-20.79
Comprehensive Income & Other	-	10.52	9.22	8.62	7.73
Total Common Equity	2,239	2,131	2,037	2,002	1,874
Minority Interest	-	3.97	6.49	3.79	4.38
Shareholders' Equity	2,244	2,135	2,043	2,006	1,879
Total Liabilities & Equity	-	4,974	4,876	4,792	4,575
Total Debt	1,924	1,849	2,009	1,479	1,354
Net Cash (Debt)	-1,314	-1,355	-1,348	-916.84	-623.54
Net Cash Per Share	-1.09	-1.10	-1.12	-0.77	-0.52
Filing Date Shares Outstanding	1,201	1,201	1,201	1,181	1,190
Total Common Shares Outstanding	1,201	1,201	1,201	1,181	1,190
Working Capital	-	785.9	604.37	744.29	293.88
Book Value Per Share	1.86	1.77	1.70	1.70	1.57
Tangible Book Value	1,891	1,750	1,627	1,561	1,400
Tangible Book Value Per Share	1.57	1.46	1.35	1.32	1.18
Buildings	-	1,174	1,147	1,146	1,081
Machinery	-	1,729	1,676	1,679	1,444
Construction In Progress	-	176.84	59.96	24.18	136.45

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