SHE:002379 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	18,473	15,221	269.65	429.54	323.09
Short-Term Investments	-	-	299.98	-	-
Trading Asset Securities	1,530	401.88	100.99	-	-
Cash & Short-Term Investments	20,002	15,623	670.62	429.54	323.09
Cash Growth	28.03%	2229.63%	56.12%	32.95%	183.21%
Accounts Receivable	3,164	3,893	279.97	270.76	642.35
Other Receivables	73.37	24.56	1.03	1.38	1.15
Receivables	3,237	3,918	280.99	272.14	643.5
Inventory	32,411	32,588	654.54	473.32	633.65
Other Current Assets	3,675	4,063	86.34	65.19	149.99
Total Current Assets	59,325	56,192	1,692	1,240	1,750
Property, Plant & Equipment	41,407	41,095	954.55	1,049	977.98
Long-Term Investments	478.41	423.74	-	-	-
Goodwill	-	80.42	-	-	-
Other Intangible Assets	6,547	6,423	262.46	269.69	276.92
Long-Term Deferred Tax Assets	2,857	2,680	20.48	25.27	12.33
Long-Term Deferred Charges	43.32	0.62	-	-	-
Other Long-Term Assets	629.51	1,131	52.06	10.74	22.83
Total Assets	111,288	108,026	2,982	2,595	3,040
Accounts Payable	8,493	9,201	520.45	501.24	842.46
Accrued Expenses	2,082	1,954	48.17	46.23	43.45
Short-Term Debt	8,831	19,878	-	220.18	250.26
Current Portion of Long-Term Debt	3,114	7,468	2.16	-	-
Current Portion of Leases	18.71	29.27	3.99	3.83	13.57
Current Income Taxes Payable	2,135	2,796	0.02	-	-
Current Unearned Revenue	1,429	1,647	28.34	19.67	44.45
Other Current Liabilities	22,895	6,523	225.84	385.39	376.81
Total Current Liabilities	48,997	49,497	828.96	1,177	1,571
Long-Term Debt	14,531	7,048	98	-	-
Long-Term Leases	305.78	240.65	22.05	26.08	47.49
Long-Term Unearned Revenue	1,240	1,069	-	-	-
Long-Term Deferred Tax Liabilities	650.05	821.4	4.15	4.87	0.29
Other Long-Term Liabilities	-	4,651	-	-	-
Total Liabilities	65,724	63,327	953.16	1,208	1,619
Common Stock	1,136	1,136	1,136	926.4	926.4
Additional Paid-In Capital	13,156	11,086	1,168	591.54	649.96
Retained Earnings	30,441	29,594	-275.25	-130.03	-152.87
Comprehensive Income & Other	837.23	874.15	-	-0.09	-2
Total Common Equity	45,571	42,690	2,029	1,388	1,421
Minority Interest	-7.53	2,010	-	-	-
Shareholders' Equity	45,564	44,699	2,029	1,388	1,421
Total Liabilities & Equity	111,288	108,026	2,982	2,595	3,040
Total Debt	26,801	34,664	126.2	250.1	311.32
Net Cash (Debt)	-6,799	-19,041	544.42	179.44	11.77
Net Cash Growth	-	-	203.39%	1424.80%	-81.61%
Net Cash Per Share	-0.52	-1.46	0.54	0.19	0.01
Filing Date Shares Outstanding	13,031	1,136	1,136	926.4	926.4
Total Common Shares Outstanding	1,136	1,136	1,136	926.4	926.4
Working Capital	10,328	6,696	863.53	63.64	179.21
Book Value Per Share	40.10	37.57	1.79	1.50	1.53
Tangible Book Value	39,024	36,186	1,766	1,118	1,145
Tangible Book Value Per Share	34.34	31.84	1.55	1.21	1.24
Buildings	29,196	23,367	499.04	495.59	325.24
Machinery	44,725	39,805	973.92	942.53	947.37
Construction In Progress	3,898	11,170	-	29.24	1.07

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