SHE:002404 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	753.7	776.21	895.23	959.55	553.02
Short-Term Investments	-	0.02	-	-	-
Trading Asset Securities	8.05	45.89	23.75	72.23	249.74
Cash & Short-Term Investments	761.74	822.12	918.97	1,032	802.77
Cash Growth	-7.34%	-10.54%	-10.93%	28.53%	-12.56%
Accounts Receivable	517.4	543.38	471.71	474.15	487.23
Other Receivables	101.86	79.79	65.23	45.12	36.05
Receivables	619.26	897.24	811.4	725.77	1,052
Inventory	601.31	571.59	635.84	566.2	745.14
Other Current Assets	484.6	92.37	242.78	165.79	250.14
Total Current Assets	2,467	2,383	2,609	2,490	2,850
Property, Plant & Equipment	407.27	418.78	369.08	341.69	363.74
Long-Term Investments	176.86	257.53	259.61	302.19	248.02
Other Intangible Assets	41.28	44.12	45.92	37.87	41.07
Long-Term Deferred Tax Assets	38.27	35.3	32.08	33.52	28.31
Long-Term Deferred Charges	4.37	4.36	3.49	2.92	3.76
Other Long-Term Assets	206.66	223.39	237.08	251.66	253.66
Total Assets	3,342	3,367	3,556	3,459	3,788
Accounts Payable	448.03	394.28	340.4	366.77	365.76
Accrued Expenses	73.64	76.73	75.51	99.92	54.72
Short-Term Debt	604.12	673.11	826.93	747.45	1,293
Current Portion of Long-Term Debt	1.44	11.5	-	-	-
Current Portion of Leases	-	1.84	1.05	0.83	1.42
Current Income Taxes Payable	36.51	24.48	52.94	72.96	22.64
Current Unearned Revenue	24.64	37.57	69.97	50.28	51.6
Other Current Liabilities	26.45	27.6	31.56	39.02	56.77
Total Current Liabilities	1,215	1,247	1,398	1,377	1,846
Long-Term Debt	-	12.75	-	-	-
Long-Term Leases	0.31	1.31	1.29	1.06	1.89
Long-Term Unearned Revenue	7.67	6.05	3.47	3.77	4.06
Pension & Post-Retirement Benefits	-	0.75	0.7	0.81	0.86
Long-Term Deferred Tax Liabilities	10.58	10.21	10.69	25.28	41.16
Other Long-Term Liabilities	1.69	0.7	0.7	0.5	0.46
Total Liabilities	1,235	1,279	1,415	1,409	1,894
Common Stock	560.05	560.05	577.67	577.67	577.67
Additional Paid-In Capital	558.29	558.38	641	629.49	645.36
Retained Earnings	886.48	874.41	881.69	807.32	689.17
Treasury Stock	-	-	-50.14	-50.14	-100.3
Comprehensive Income & Other	0.11	0.12	0.11	0.11	-0.08
Total Common Equity	2,005	1,993	2,050	1,964	1,812
Minority Interest	101.61	94.97	90.74	86.31	82.35
Shareholders' Equity	2,107	2,088	2,141	2,051	1,894
Total Liabilities & Equity	3,342	3,367	3,556	3,459	3,788
Total Debt	605.87	700.5	829.27	749.34	1,296
Net Cash (Debt)	155.87	121.62	89.71	282.44	-493.18
Net Cash Growth	28.17%	35.58%	-68.24%	-	-
Net Cash Per Share	0.28	0.22	0.16	0.50	-0.87
Filing Date Shares Outstanding	560.51	560.05	569.97	569.97	561.01
Total Common Shares Outstanding	560.51	560.05	569.97	569.97	561.01
Working Capital	1,252	1,136	1,211	1,112	1,004
Book Value Per Share	3.58	3.56	3.60	3.45	3.23
Tangible Book Value	1,964	1,949	2,004	1,927	1,771
Tangible Book Value Per Share	3.50	3.48	3.52	3.38	3.16
Buildings	-	516.72	486.22	469.88	462.35
Machinery	-	375.62	346.65	324.51	316.54
Construction In Progress	-	48.05	38.9	16.57	26.8

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