SHE:002392 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	1,566	1,183	760.1	593.04	485.87
Short-Term Investments	-	20.91	76.69	-	-
Trading Asset Securities	367.99	65.75	516.17	592.2	315.12
Cash & Short-Term Investments	1,934	1,270	1,353	1,185	800.99
Cash Growth	52.33%	-6.17%	14.15%	47.97%	-11.43%
Accounts Receivable	4,250	3,651	3,824	3,062	2,531
Other Receivables	77.34	40.3	47.85	30.39	159.28
Receivables	4,327	3,691	3,871	3,092	2,690
Inventory	1,686	1,534	1,273	1,159	1,187
Prepaid Expenses	-	0.35	0.12	0.12	0.19
Other Current Assets	346.47	433.19	214.29	193.64	345.12
Total Current Assets	8,293	6,928	6,712	5,630	5,023
Property, Plant & Equipment	1,220	1,155	1,131	1,165	990.65
Long-Term Investments	325.24	244.65	113.07	90.03	89.36
Goodwill	9.92	7.12	7.16	7.12	-
Other Intangible Assets	574.72	518.17	532.75	547.82	491.41
Long-Term Accounts Receivable	-	4.17	0.26	-	-
Long-Term Deferred Tax Assets	86.34	78.22	83.79	77.18	70.9
Long-Term Deferred Charges	14.3	15.78	19.97	12.91	15.86
Other Long-Term Assets	51.38	57.24	53.17	48.1	147.48
Total Assets	10,575	9,008	8,653	7,578	6,829
Accounts Payable	3,411	2,604	2,514	2,170	1,783
Accrued Expenses	51.96	69.63	78.59	61.72	41.17
Short-Term Debt	358.39	301.46	316.79	28.01	-
Current Portion of Long-Term Debt	180.21	65.16	-	-	98.1
Current Portion of Leases	-	-	2.7	3.02	3.02
Current Income Taxes Payable	92.35	78.76	88.71	57.17	55.17
Current Unearned Revenue	77.2	49.33	59.72	39.95	56.38
Other Current Liabilities	237.93	188.58	176.96	172.38	103.26
Total Current Liabilities	4,409	3,357	3,237	2,532	2,140
Long-Term Debt	95	127.5	-	-	-
Long-Term Leases	-	-	-	2.82	5.84
Long-Term Unearned Revenue	56.55	44.21	43.19	43.7	44.15
Long-Term Deferred Tax Liabilities	35.94	19.3	21.85	24.55	11.18
Total Liabilities	4,596	3,548	3,302	2,603	2,201
Common Stock	1,190	1,190	1,190	1,190	1,190
Additional Paid-In Capital	991.48	979.1	1,009	1,002	991.34
Retained Earnings	3,645	3,282	3,051	2,690	2,434
Treasury Stock	-	-93.91	-	-	-
Comprehensive Income & Other	-0.44	0.77	1.42	3.7	1.98
Total Common Equity	5,826	5,359	5,252	4,887	4,618
Minority Interest	152.47	101.75	98.43	88.2	9.57
Shareholders' Equity	5,979	5,460	5,351	4,975	4,627
Total Liabilities & Equity	10,575	9,008	8,653	7,578	6,829
Total Debt	633.6	494.12	319.5	33.85	106.95
Net Cash (Debt)	1,300	775.38	1,033	1,151	694.03
Net Cash Growth	67.70%	-24.97%	-10.24%	65.90%	-13.70%
Net Cash Per Share	1.10	0.66	0.87	0.97	0.59
Filing Date Shares Outstanding	1,119	1,167	1,190	1,190	1,190
Total Common Shares Outstanding	1,119	1,167	1,190	1,190	1,190
Working Capital	3,884	3,571	3,475	3,098	2,883
Book Value Per Share	5.21	4.59	4.41	4.10	3.88
Tangible Book Value	5,241	4,833	4,712	4,332	4,126
Tangible Book Value Per Share	4.68	4.14	3.96	3.64	3.47
Buildings	-	886.83	868.11	763.39	663.9
Machinery	-	996.98	961.8	858.1	803.43
Construction In Progress	-	91.71	10.17	168.32	59.43

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