SHE:002396 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	4,225	2,958	4,350	4,325	2,141
Trading Asset Securities	50.16	200.51	-	-	-
Cash & Short-Term Investments	4,275	3,158	4,350	4,325	2,141
Cash Growth	35.35%	-27.39%	0.58%	101.96%	1.91%
Accounts Receivable	3,848	3,415	2,593	1,892	2,045
Other Receivables	101.43	98.93	98.27	97.9	76.56
Receivables	3,950	3,514	2,691	1,990	2,121
Inventory	4,022	4,470	4,145	4,706	4,039
Other Current Assets	497.46	341.17	192.33	258.11	200.75
Total Current Assets	12,744	11,484	11,379	11,278	8,502
Property, Plant & Equipment	1,352	1,513	1,605	1,691	1,387
Long-Term Investments	494.61	348.83	339.18	415.22	353.98
Goodwill	442.73	442.73	442.73	217.75	217.75
Other Intangible Assets	663.22	169.69	107.76	78.2	78.32
Long-Term Deferred Tax Assets	946.99	1,041	841.01	540.32	355.23
Long-Term Deferred Charges	139.2	680.56	281.01	142.13	130.72
Other Long-Term Assets	710.29	848.43	405.64	112.78	97.5
Total Assets	17,493	16,529	15,401	14,476	11,123
Accounts Payable	3,548	3,283	3,544	2,856	3,282
Accrued Expenses	721.27	818.16	656	1,007	830.97
Short-Term Debt	1,682	1,706	926.31	666.89	424.54
Current Portion of Long-Term Debt	63.39	-	-	-	-
Current Portion of Leases	-	54.76	53.81	61.81	53.41
Current Income Taxes Payable	107.02	5.86	7.58	17.72	20.98
Current Unearned Revenue	723.37	547.45	569.95	712.2	541.07
Other Current Liabilities	418.91	366.09	224.52	211.97	130.47
Total Current Liabilities	7,264	6,781	5,982	5,534	5,283
Long-Term Leases	88.3	122.11	155.3	127.84	111.41
Long-Term Unearned Revenue	7.92	20.26	21.73	76.58	52.65
Long-Term Deferred Tax Liabilities	50.07	50.62	83.63	52.9	23.35
Other Long-Term Liabilities	0.8	26.31	60.64	0.89	0.06
Total Liabilities	7,411	7,001	6,303	5,793	5,471
Common Stock	585.7	588.61	592.93	583.28	583.28
Additional Paid-In Capital	1,274	1,269	1,312	1,186	329.65
Retained Earnings	5,187	4,922	4,664	4,301	3,783
Treasury Stock	-76.3	-105.97	-140.56	-	-
Comprehensive Income & Other	3.37	4.59	4.35	1.85	-2.72
Total Common Equity	6,973	6,679	6,433	6,071	4,693
Minority Interest	3,109	2,849	2,665	2,612	959.52
Shareholders' Equity	10,082	9,528	9,098	8,683	5,652
Total Liabilities & Equity	17,493	16,529	15,401	14,476	11,123
Total Debt	1,833	1,883	1,135	856.53	589.36
Net Cash (Debt)	2,441	1,275	3,214	3,468	1,552
Net Cash Growth	91.46%	-60.33%	-7.32%	123.46%	-13.30%
Net Cash Per Share	4.22	2.20	5.50	5.95	2.66
Filing Date Shares Outstanding	573.02	588.61	592.93	583.28	583.28
Total Common Shares Outstanding	573.02	588.61	592.93	583.28	583.28
Working Capital	5,480	4,702	5,397	5,744	3,219
Book Value Per Share	12.17	11.35	10.85	10.41	8.05
Tangible Book Value	5,868	6,066	5,882	5,775	4,397
Tangible Book Value Per Share	10.24	10.31	9.92	9.90	7.54
Buildings	-	964.87	1,006	1,114	537.36
Machinery	-	1,213	1,066	951.11	722.84
Construction In Progress	-	0.77	19.74	0	410.86

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