SHE:002443 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	520.44	450.56	887.91	734.69	533.89
Trading Asset Securities	1,250	983.73	200	120	90
Cash & Short-Term Investments	1,771	1,434	1,088	854.69	623.89
Cash Growth	23.46%	31.84%	27.29%	36.99%	16.33%
Accounts Receivable	838.5	921.11	1,121	1,193	1,034
Other Receivables	52.03	57.33	46.3	37.22	39.17
Receivables	890.53	978.44	1,167	1,230	1,073
Inventory	852.24	876.74	1,054	1,192	1,139
Other Current Assets	341.93	223.07	264.76	340.13	444
Total Current Assets	3,856	3,513	3,573	3,617	3,280
Property, Plant & Equipment	729.75	788.68	853.89	904.92	946.51
Long-Term Investments	16.56	0.03	0.03	0.03	0.03
Goodwill	2.6	2.6	2.6	2.6	2.6
Other Intangible Assets	132.88	136.31	138.38	143.56	147.48
Long-Term Accounts Receivable	-	27.45	23.02	28.56	25.35
Long-Term Deferred Tax Assets	42.58	39.91	39.38	35.07	35.07
Other Long-Term Assets	40.89	0.55	6.09	3.4	1.22
Total Assets	4,821	4,508	4,637	4,735	4,438
Accounts Payable	184.51	171.17	185.74	208.91	184.54
Accrued Expenses	61.85	102.54	107.81	92.22	129.74
Short-Term Debt	379.19	94.01	305.06	652.12	373.11
Current Portion of Long-Term Debt	8.72	-	-	-	-
Current Portion of Leases	-	6.39	6.11	5.84	5.58
Current Income Taxes Payable	29.97	11.17	20.44	2.72	91.2
Current Unearned Revenue	198.92	207.43	214.5	231.36	167.98
Other Current Liabilities	68.65	64.3	54.74	68.39	38.16
Total Current Liabilities	931.8	657.02	894.39	1,262	990.32
Long-Term Debt	60.1	-	-	-	-
Long-Term Leases	0.22	-	6.39	12.5	18.33
Long-Term Unearned Revenue	130.88	143.08	151	155.66	165.41
Other Long-Term Liabilities	0.61	-	-	-	-
Total Liabilities	1,124	800.1	1,052	1,430	1,174
Common Stock	520.54	520.54	520.54	520.54	520.54
Additional Paid-In Capital	773.66	773.66	773.66	773.66	773.66
Retained Earnings	2,266	2,231	2,061	1,803	1,776
Treasury Stock	-100.06	-39.97	-	-	-
Comprehensive Income & Other	1.82	1.76	1	-	-
Total Common Equity	3,462	3,487	3,356	3,097	3,070
Minority Interest	234.87	220.86	228.9	207.97	194.02
Shareholders' Equity	3,697	3,708	3,585	3,305	3,264
Total Liabilities & Equity	4,821	4,508	4,637	4,735	4,438
Total Debt	448.23	100.4	317.55	670.45	397.02
Net Cash (Debt)	1,323	1,334	770.36	184.24	226.87
Net Cash Growth	-0.85%	73.15%	318.13%	-18.79%	-36.30%
Net Cash Per Share	2.51	2.39	1.48	0.35	0.44
Filing Date Shares Outstanding	393.41	512.5	520.54	520.54	520.54
Total Common Shares Outstanding	393.41	512.5	520.54	520.54	520.54
Working Capital	2,924	2,856	2,679	2,355	2,290
Book Value Per Share	8.80	6.80	6.45	5.95	5.90
Tangible Book Value	3,327	3,348	3,215	2,951	2,920
Tangible Book Value Per Share	8.46	6.53	6.18	5.67	5.61
Buildings	-	523.2	520.96	513.89	503.13
Machinery	-	978.07	966.49	963.68	949.96
Construction In Progress	-	8.54	3.79	36.91	20.6

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