SHE:002458 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	1,001	1,627	909.29	449.04	412.51
Cash & Short-Term Investments	1,001	1,627	909.29	449.04	412.51
Cash Growth	-38.48%	78.93%	102.50%	8.85%	-34.54%
Accounts Receivable	85.34	70.27	49.27	69.26	55.38
Other Receivables	12.6	14.36	23.52	28.77	28.56
Receivables	97.94	84.63	72.78	98.03	83.93
Inventory	369.71	417.14	415.36	343.2	277.28
Prepaid Expenses	-	-	-	0.05	0.06
Other Current Assets	31.39	52.22	58.79	44.33	43.27
Total Current Assets	1,500	2,181	1,456	934.64	817.05
Property, Plant & Equipment	4,872	4,937	4,684	4,511	4,315
Long-Term Investments	178.21	203.39	235.27	285.35	316.54
Goodwill	18.37	18.37	18.37	18.37	18.37
Other Intangible Assets	123.77	128.88	133	138.46	144.69
Long-Term Deferred Tax Assets	13.43	12.18	10.58	5.7	3.97
Long-Term Deferred Charges	14.1	4.69	6.46	5.22	6.08
Other Long-Term Assets	7.22	13.61	31.07	35.9	51.23
Total Assets	6,728	7,499	6,575	5,934	5,672
Accounts Payable	491.04	536.6	674.82	770.75	458.57
Accrued Expenses	58.21	64.91	65.06	45.3	49.92
Short-Term Debt	1,538	1,828	673.72	1,320	1,253
Current Portion of Long-Term Debt	11.48	10.1	153.83	277.56	41
Current Portion of Leases	-	19.4	17.68	12.13	12.35
Current Income Taxes Payable	4.24	0.03	0.11	0.76	0.17
Current Unearned Revenue	51.66	78.66	94.59	76.11	50.31
Other Current Liabilities	16.62	135.16	30.63	75.59	37.06
Total Current Liabilities	2,171	2,673	1,710	2,578	1,902
Long-Term Debt	90.5	78.97	100.99	167	369.74
Long-Term Leases	112.1	110.79	120.73	236.87	126.91
Long-Term Unearned Revenue	25.37	27.32	28.16	28.01	29.55
Long-Term Deferred Tax Liabilities	0.06	0.19	0.27	0.04	-
Other Long-Term Liabilities	1.16	80.81	76.07	72.45	5.57
Total Liabilities	2,400	2,971	2,037	3,083	2,434
Common Stock	1,106	1,106	1,106	992.91	992.91
Additional Paid-In Capital	1,601	1,540	1,549	523.39	586.02
Retained Earnings	1,833	1,939	1,766	1,225	1,592
Treasury Stock	-209.74	-118.54	-	-	-
Total Common Equity	4,331	4,466	4,421	2,741	3,171
Minority Interest	-3.71	61.46	117.05	110.16	67.66
Shareholders' Equity	4,327	4,528	4,538	2,852	3,239
Total Liabilities & Equity	6,728	7,499	6,575	5,934	5,672
Total Debt	1,752	2,047	1,067	2,014	1,803
Net Cash (Debt)	-751.11	-420.02	-157.66	-1,565	-1,390
Net Cash Per Share	-0.68	-0.38	-0.16	-1.58	-1.42
Filing Date Shares Outstanding	1,233	1,093	1,106	992.91	992.91
Total Common Shares Outstanding	1,233	1,093	1,106	992.91	992.91
Working Capital	-671.24	-491.65	-254.23	-1,644	-1,085
Book Value Per Share	3.51	4.09	4.00	2.76	3.19
Tangible Book Value	4,189	4,319	4,270	2,585	3,008
Tangible Book Value Per Share	3.40	3.95	3.86	2.60	3.03
Buildings	-	3,748	3,239	2,908	2,718
Machinery	-	1,881	1,681	1,485	1,371
Construction In Progress	-	172.21	408.12	483.2	303.38

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