SHE:002461 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	-	8,198	7,094	6,713	6,786
Trading Asset Securities	-	160.29	157.29	293.29	50.06
Cash & Short-Term Investments	8,773	8,358	7,251	7,007	6,836
Cash Growth	4.97%	15.27%	3.48%	2.50%	6.36%
Accounts Receivable	-	23.19	22.43	18.56	18.25
Other Receivables	-	5.31	3.16	4.98	3.77
Receivables	-	28.5	25.6	23.55	22.02
Inventory	-	660.1	1,804	1,803	1,659
Prepaid Expenses	-	7.57	12.35	39.84	21.04
Other Current Assets	-	34.57	38.27	37.07	21.47
Total Current Assets	-	9,089	9,131	8,910	8,560
Property, Plant & Equipment	-	3,919	3,468	3,104	3,024
Long-Term Investments	-	155.22	154.27	154.11	150
Other Intangible Assets	-	2,208	1,322	1,371	1,392
Long-Term Deferred Tax Assets	-	412.16	386.67	359.35	378.44
Other Long-Term Assets	-	124.3	54.95	49.48	13.7
Total Assets	-	15,908	14,518	13,948	13,518
Accounts Payable	-	638.78	624.08	516.1	490.87
Accrued Expenses	-	207.81	218.25	224.75	188.37
Short-Term Debt	-	2,450	1,598	991.59	893.78
Current Portion of Long-Term Debt	-	-	-	500.47	0.47
Current Portion of Leases	-	2.94	3.4	2.95	2.25
Current Income Taxes Payable	-	26.09	24.79	23.87	20.48
Current Unearned Revenue	-	709.23	633.59	635.86	703.44
Other Current Liabilities	-	431.98	437.27	413.38	350.38
Total Current Liabilities	-	4,467	3,540	3,309	2,650
Long-Term Debt	-	-	-	-	500
Long-Term Leases	-	9.64	12.58	4.41	0.62
Long-Term Unearned Revenue	-	829.66	893.75	936.07	998.33
Long-Term Deferred Tax Liabilities	-	24.98	31.78	28.78	24.78
Total Liabilities	-	5,331	4,478	4,278	4,174
Common Stock	-	2,213	2,213	2,213	2,213
Additional Paid-In Capital	-	4,505	4,505	4,505	4,505
Retained Earnings	-	3,788	3,255	2,897	2,564
Comprehensive Income & Other	-	3.92	3.2	3.08	-
Total Common Equity	11,078	10,510	9,976	9,618	9,282
Minority Interest	-	66.98	64.38	51.69	62.22
Shareholders' Equity	11,140	10,577	10,040	9,669	9,344
Total Liabilities & Equity	-	15,908	14,518	13,948	13,518
Total Debt	2,541	2,463	1,614	1,499	1,397
Net Cash (Debt)	6,232	5,895	5,636	5,507	5,439
Net Cash Growth	5.72%	4.59%	2.35%	1.26%	5.33%
Net Cash Per Share	2.83	2.69	2.53	2.49	2.49
Filing Date Shares Outstanding	2,167	2,213	2,213	2,213	2,213
Total Common Shares Outstanding	2,167	2,213	2,213	2,213	2,213
Working Capital	-	4,622	5,592	5,601	5,910
Book Value Per Share	5.01	4.75	4.51	4.35	4.19
Tangible Book Value	8,886	8,302	8,653	8,247	7,890
Tangible Book Value Per Share	4.01	3.75	3.91	3.73	3.56
Buildings	-	2,439	2,213	2,025	2,012
Machinery	-	3,420	3,310	3,088	3,058
Construction In Progress	-	691.36	472.66	417.27	179.11

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