SHE:002454 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	1,644	1,559	1,110	724.61	760.95
Trading Asset Securities	1,009	763.14	941.93	871.62	871.48
Cash & Short-Term Investments	2,653	2,323	2,052	1,596	1,632
Cash Growth	14.24%	13.17%	28.57%	-2.22%	33.53%
Accounts Receivable	2,710	2,685	2,202	2,328	2,384
Other Receivables	19.72	10.54	29.95	12.9	10.95
Receivables	2,730	2,696	2,232	2,341	2,394
Inventory	1,006	922.86	860.91	920.85	761.41
Prepaid Expenses	-	0.98	1.49	-	-
Other Current Assets	60.25	58.12	68.06	44.39	53.18
Total Current Assets	6,450	6,000	5,215	4,903	4,841
Property, Plant & Equipment	1,483	1,462	1,457	1,416	1,464
Long-Term Investments	153.27	67.21	64.55	91.75	103.87
Goodwill	75.25	93.69	106.1	114.1	122.65
Other Intangible Assets	283.59	290.38	296.78	301.68	224.71
Long-Term Deferred Tax Assets	127.41	133.14	134.47	122.13	111.63
Long-Term Deferred Charges	0.6	0.18	1.35	1.03	1.69
Other Long-Term Assets	78.05	77.39	97.16	97.16	58.65
Total Assets	8,651	8,124	7,372	7,046	6,928
Accounts Payable	3,454	3,137	2,557	2,393	2,311
Accrued Expenses	77.71	143.24	139.16	116.06	127.16
Short-Term Debt	-	16	28.98	30.82	24.46
Current Portion of Long-Term Debt	1.93	-	-	-	-
Current Portion of Leases	-	-	-	2.08	0.96
Current Income Taxes Payable	24.75	6.07	9.18	9.24	7.02
Current Unearned Revenue	178.14	229.5	145.23	143.97	159.66
Other Current Liabilities	317.15	49.8	34.15	52.92	89.13
Total Current Liabilities	4,054	3,581	2,914	2,748	2,719
Long-Term Leases	17.64	18.27	25.83	26.04	22.1
Long-Term Unearned Revenue	21.96	20.57	24.22	27.05	26.91
Long-Term Deferred Tax Liabilities	15.12	16.05	19.03	14.38	16.65
Other Long-Term Liabilities	-	59.45	44.15	41.76	39.97
Total Liabilities	4,109	3,696	3,027	2,857	2,825
Common Stock	628.58	628.58	628.58	628.58	628.58
Additional Paid-In Capital	740.71	739.57	742.38	742.38	742.59
Retained Earnings	2,661	2,570	2,471	2,390	2,321
Treasury Stock	-14.57	-14.57	-0.74	-	-
Comprehensive Income & Other	-8.38	-8.19	-6.94	-8.94	-3.19
Total Common Equity	4,007	3,916	3,835	3,752	3,689
Minority Interest	534.81	512.73	510.63	436.6	415.05
Shareholders' Equity	4,542	4,428	4,345	4,189	4,104
Total Liabilities & Equity	8,651	8,124	7,372	7,046	6,928
Total Debt	19.57	34.27	54.81	58.94	47.52
Net Cash (Debt)	2,634	2,288	1,997	1,537	1,585
Net Cash Growth	15.10%	14.56%	29.93%	-3.00%	29.64%
Net Cash Per Share	4.15	3.69	3.20	2.43	2.53
Filing Date Shares Outstanding	659.83	626.23	626.23	628.58	628.58
Total Common Shares Outstanding	659.83	626.23	626.23	628.58	628.58
Working Capital	2,396	2,419	2,301	2,154	2,123
Book Value Per Share	6.07	6.25	6.12	5.97	5.87
Tangible Book Value	3,649	3,532	3,432	3,337	3,341
Tangible Book Value Per Share	5.53	5.64	5.48	5.31	5.32
Buildings	-	1,172	1,117	1,033	953.62
Machinery	-	1,134	1,052	967.67	921.36
Construction In Progress	-	61.23	79.97	131.41	207.03

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