SHE:002390 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	1,114	1,016	805.98	899.18	624.65
Cash & Short-Term Investments	1,114	1,016	805.98	899.18	624.65
Cash Growth	9.69%	26.00%	-10.37%	43.95%	-64.84%
Accounts Receivable	2,468	2,691	3,036	3,091	3,082
Other Receivables	256	320.24	324.63	448.8	600.56
Receivables	2,724	3,012	3,361	3,540	3,682
Inventory	901.23	1,060	1,001	1,033	935.71
Prepaid Expenses	-	0.02	0.03	0.02	0.02
Other Current Assets	103.97	164.39	243.61	334.34	333.72
Total Current Assets	4,843	5,252	5,412	5,806	5,576
Property, Plant & Equipment	2,339	2,426	2,518	2,672	2,706
Long-Term Investments	402.52	337.47	340.47	343.84	347.41
Goodwill	593.64	603.75	603.75	607.35	607.35
Other Intangible Assets	176.61	189.54	180.18	204.37	217.65
Long-Term Deferred Tax Assets	110.27	81.87	74.14	62.81	55.61
Long-Term Deferred Charges	58.11	69.3	81.84	97.21	118.36
Other Long-Term Assets	67	68.57	35	-	-
Total Assets	8,591	9,028	9,245	9,794	9,629
Accounts Payable	822.55	927.97	903.15	977.24	993.43
Accrued Expenses	22.39	37.15	35.27	32.99	40.93
Short-Term Debt	269.61	603.54	809.86	1,368	1,390
Current Portion of Long-Term Debt	106.12	-	-	-	-
Current Portion of Leases	-	3	4.4	2.51	-
Current Income Taxes Payable	30.16	7.6	21.09	17.21	17.79
Current Unearned Revenue	25.77	25.94	27.98	33.24	55.44
Other Current Liabilities	187.37	201.68	256.82	255.56	256.6
Total Current Liabilities	1,464	1,807	2,059	2,687	2,755
Long-Term Debt	37	160	-	-	-
Long-Term Leases	18.03	21	21.12	22.02	24.81
Long-Term Unearned Revenue	20.22	19.52	22.04	18.89	20.38
Long-Term Deferred Tax Liabilities	13.19	0.73	0.84	0.56	-
Other Long-Term Liabilities	0.28	0.29	0.31	0.32	0.34
Total Liabilities	1,553	2,008	2,103	2,729	2,800
Common Stock	1,944	1,944	1,944	1,944	2,027
Additional Paid-In Capital	4,403	4,403	4,403	4,402	4,693
Retained Earnings	569.93	563.43	633.34	462.74	354.99
Treasury Stock	-199.93	-199.93	-127.49	-	-455.38
Comprehensive Income & Other	72.93	-	-	-	-
Total Common Equity	6,790	6,710	6,852	6,808	6,620
Minority Interest	247.95	309.87	289.69	256.55	208.74
Shareholders' Equity	7,038	7,020	7,142	7,065	6,829
Total Liabilities & Equity	8,591	9,028	9,245	9,794	9,629
Total Debt	430.76	787.55	835.38	1,393	1,415
Net Cash (Debt)	683.13	227.97	-29.4	-493.42	-790.6
Net Cash Growth	199.66%	-	-	-	-
Net Cash Per Share	0.36	0.11	-0.02	-0.26	-0.43
Filing Date Shares Outstanding	1,898	1,896	1,907	1,944	1,944
Total Common Shares Outstanding	1,898	1,896	1,907	1,944	1,944
Working Capital	3,379	3,445	3,353	3,119	2,822
Book Value Per Share	3.58	3.54	3.59	3.50	3.41
Tangible Book Value	6,020	5,917	6,068	5,997	5,795
Tangible Book Value Per Share	3.17	3.12	3.18	3.08	2.98
Buildings	-	2,517	2,516	2,578	2,396
Machinery	-	1,716	1,722	1,697	1,641
Construction In Progress	-	145.02	58.06	24.98	92.38

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