SHE:002419 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,676	2,383	5,299	4,600	4,286
Short-Term Investments	-	703.58	200	-	-
Trading Asset Securities	-	-	2,724	3,514	3,515
Cash & Short-Term Investments	1,676	3,087	8,223	8,114	7,801
Cash Growth	-45.70%	-62.46%	1.35%	4.01%	0.03%
Accounts Receivable	193.85	181.29	170.89	193.6	108.37
Other Receivables	59.79	23.2	23.74	62.26	490.9
Receivables	253.65	222.02	212.75	255.85	599.27
Inventory	753.76	855.62	797.69	970.95	845.28
Prepaid Expenses	-	-	-	74.72	90.99
Other Current Assets	1,057	180.91	150.49	59.19	84.73
Total Current Assets	3,741	4,345	9,384	9,475	9,421
Property, Plant & Equipment	12,803	14,850	14,583	17,073	19,143
Long-Term Investments	-	5,574	-	-	-
Goodwill	62.15	62.15	62.15	62.15	122.51
Other Intangible Assets	749.57	773.39	803.3	831.05	858.38
Long-Term Deferred Tax Assets	662.46	700.12	769.96	772.51	716.01
Long-Term Deferred Charges	1,322	1,267	1,271	1,269	1,208
Other Long-Term Assets	6,431	732.36	1,623	742.81	363.36
Total Assets	25,771	28,304	28,497	30,444	32,107
Accounts Payable	1,911	2,206	2,506	2,357	2,585
Accrued Expenses	219.02	836.79	879.32	957.47	642.03
Short-Term Debt	550.57	380.18	400.26	-	-
Current Portion of Leases	-	1,293	1,301	1,342	1,251
Current Income Taxes Payable	-	23.51	27.36	73.76	49.98
Current Unearned Revenue	4,998	5,474	5,346	5,430	5,012
Other Current Liabilities	4,857	1,319	1,311	1,238	1,663
Total Current Liabilities	12,536	11,532	11,770	11,398	11,203
Long-Term Leases	8,977	11,113	10,865	13,403	15,194
Long-Term Unearned Revenue	40.9	4.15	3.9	5.81	6.93
Long-Term Deferred Tax Liabilities	113.91	144.07	238.8	235.4	234.41
Other Long-Term Liabilities	25.56	1,406	1,401	1,352	1,352
Total Liabilities	21,694	24,199	24,279	26,394	27,990
Common Stock	1,169	1,169	1,169	1,169	1,200
Additional Paid-In Capital	1,136	1,136	1,136	1,139	1,309
Retained Earnings	1,806	1,793	1,903	1,735	1,802
Treasury Stock	-40.52	-	-	-	-201.46
Comprehensive Income & Other	0.34	0.49	0.36	0.28	-0.2
Total Common Equity	4,071	4,098	4,208	4,043	4,109
Minority Interest	6.91	6.46	9.65	6.94	7.64
Shareholders' Equity	4,078	4,105	4,218	4,050	4,117
Total Liabilities & Equity	25,771	28,304	28,497	30,444	32,107
Total Debt	9,528	12,786	12,566	14,745	16,445
Net Cash (Debt)	-7,852	-9,699	-4,342	-6,631	-8,644
Net Cash Per Share	-6.72	-8.29	-3.71	-5.67	-7.25
Filing Date Shares Outstanding	1,167	1,169	1,169	1,169	1,169
Total Common Shares Outstanding	1,167	1,169	1,169	1,169	1,169
Working Capital	-8,796	-7,186	-2,386	-1,923	-1,781
Book Value Per Share	3.49	3.51	3.60	3.46	3.52
Tangible Book Value	3,259	3,263	3,343	3,150	3,128
Tangible Book Value Per Share	2.79	2.79	2.86	2.69	2.68
Buildings	-	6,627	6,517	6,515	6,511
Machinery	-	991.68	982.69	999.68	1,010

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.