SHE:002463 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,579	1,543	2,098	1,292	1,191
Short-Term Investments	2,642	860	1,060	1,180	390
Trading Asset Securities	-	-	50.23	-	163.74
Cash & Short-Term Investments	5,221	2,403	3,208	2,472	1,745
Cash Growth	117.30%	-25.11%	29.75%	41.70%	4.97%
Accounts Receivable	5,565	4,117	2,694	2,301	2,017
Other Receivables	237.76	100.16	85.14	103.12	35.75
Receivables	6,214	4,614	2,785	2,417	2,114
Inventory	4,246	2,436	1,749	1,786	1,841
Other Current Assets	294.21	224.89	98.33	50.62	77.71
Total Current Assets	15,975	9,678	7,841	6,726	5,777
Property, Plant & Equipment	8,186	6,081	4,260	3,431	2,940
Long-Term Investments	2,050	4,237	3,273	2,001	2,589
Other Intangible Assets	388.68	365.44	374.93	102.16	104.32
Long-Term Deferred Tax Assets	322.06	166.36	90.09	109.12	109.19
Long-Term Deferred Charges	4.24	3.98	3.62	1.19	2.51
Other Long-Term Assets	1,328	648	193.89	131.43	126.27
Total Assets	28,254	21,180	16,035	12,501	11,649
Accounts Payable	5,068	3,121	2,205	1,525	1,628
Accrued Expenses	1,140	913.1	587.23	453.63	395.69
Short-Term Debt	2,170	1,655	1,434	1,406	1,577
Current Portion of Long-Term Debt	492.6	662.05	324.26	7.43	-
Current Portion of Leases	7.55	-	0.09	0.45	0.82
Current Income Taxes Payable	220.87	98.4	66.22	54.04	58.56
Current Unearned Revenue	65.82	28.88	22.64	34.65	44.35
Other Current Liabilities	1,559	1,099	383.3	348.42	312.55
Total Current Liabilities	10,724	7,577	5,023	3,829	4,016
Long-Term Debt	1,886	1,310	846.49	77.97	-
Long-Term Leases	11.84	-	-	0.09	0.72
Long-Term Unearned Revenue	417.15	314.45	302.74	320.99	357.04
Long-Term Deferred Tax Liabilities	87.47	77.55	26.25	5.98	40.35
Total Liabilities	13,126	9,279	6,198	4,234	4,414
Common Stock	1,924	1,919	1,909	1,897	1,897
Additional Paid-In Capital	1,070	762.82	556.85	356.11	300.09
Retained Earnings	11,710	8,849	7,219	5,989	4,912
Comprehensive Income & Other	408.18	310.01	100.42	25.39	125.91
Total Common Equity	15,113	11,841	9,785	8,267	7,234
Minority Interest	15.38	60.65	52.52	-	-
Shareholders' Equity	15,128	11,901	9,837	8,267	7,234
Total Liabilities & Equity	28,254	21,180	16,035	12,501	11,649
Total Debt	4,568	3,627	2,605	1,492	1,578
Net Cash (Debt)	653.39	-1,224	602.78	980.63	166.61
Net Cash Growth	-	-	-38.53%	488.59%	-72.44%
Net Cash Per Share	0.34	-0.64	0.32	0.52	0.09
Filing Date Shares Outstanding	1,924	1,919	1,909	1,897	1,897
Total Common Shares Outstanding	1,924	1,919	1,909	1,897	1,897
Working Capital	5,251	2,101	2,818	2,897	1,761
Book Value Per Share	7.85	6.17	5.13	4.36	3.81
Tangible Book Value	14,724	11,475	9,410	8,165	7,130
Tangible Book Value Per Share	7.65	5.98	4.93	4.30	3.76
Buildings	2,171	1,979	1,668	1,355	1,345
Machinery	7,371	5,577	5,401	4,488	4,173
Construction In Progress	2,460	2,048	569.96	710.97	368.28

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