SHE:002470 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	1,365	888.79	1,067	822.91	569.71
Trading Asset Securities	0.24	-	0.5	10.31	292.36
Cash & Short-Term Investments	1,366	888.79	1,068	833.21	862.07
Cash Growth	53.65%	-16.77%	28.17%	-3.35%	1.06%
Accounts Receivable	1,162	685.71	493.86	541.62	534.07
Other Receivables	53.7	59.83	453.96	1,187	2,024
Receivables	1,215	745.54	947.82	1,728	2,558
Inventory	2,849	2,498	2,555	2,684	2,550
Prepaid Expenses	-	0.29	0.38	0.8	0.41
Other Current Assets	737.6	437.82	588.76	939.85	907.26
Total Current Assets	6,167	4,570	5,160	6,186	6,877
Property, Plant & Equipment	4,218	4,440	4,488	4,914	5,133
Long-Term Investments	1,010	1,082	1,225	1,536	1,571
Goodwill	0.11	0.11	0.11	0.11	0.11
Other Intangible Assets	800.01	694.38	712.34	714.25	486.64
Long-Term Deferred Tax Assets	32.81	32.74	36.46	36.76	36.87
Long-Term Deferred Charges	64.67	3.71	1.82	-	-
Other Long-Term Assets	144.12	217.46	136.57	98.04	65.36
Total Assets	12,438	11,040	11,760	13,485	14,170
Accounts Payable	1,725	1,503	1,955	1,286	1,130
Accrued Expenses	280.4	377.3	709.35	741.54	550.77
Short-Term Debt	1,629	1,327	2,670	4,714	5,095
Current Portion of Long-Term Debt	868.87	928.77	27.19	15	-
Current Portion of Leases	-	5.86	5.12	4.51	3.7
Current Income Taxes Payable	39.1	13.63	23.62	27.77	26.98
Current Unearned Revenue	1,994	1,489	1,501	1,910	1,799
Other Current Liabilities	1,157	695.57	550.43	475.05	420.45
Total Current Liabilities	7,693	6,340	7,441	9,174	9,026
Long-Term Debt	2,381	2,419	1,950	195.52	15
Long-Term Leases	27.05	10.15	15.13	8.8	11.74
Long-Term Unearned Revenue	116.68	102.37	105.7	131.1	146.51
Long-Term Deferred Tax Liabilities	3.8	4.34	7	5.52	2.09
Other Long-Term Liabilities	16.42	23.64	158.11	928.37	874.43
Total Liabilities	10,237	8,900	9,677	10,443	10,075
Common Stock	3,286	3,286	3,286	3,286	3,286
Additional Paid-In Capital	1,829	1,829	1,837	1,837	1,834
Retained Earnings	-2,929	-2,964	-3,024	-2,052	-1,070
Comprehensive Income & Other	-68.7	-95.74	-87.19	-107.51	-95.32
Total Common Equity	2,117	2,055	2,012	2,963	3,955
Minority Interest	83.07	85.2	71.01	78.97	139.31
Shareholders' Equity	2,200	2,141	2,083	3,042	4,095
Total Liabilities & Equity	12,438	11,040	11,760	13,485	14,170
Total Debt	4,905	4,690	4,667	4,937	5,125
Net Cash (Debt)	-3,540	-3,801	-3,599	-4,104	-4,263
Net Cash Per Share	-1.07	-1.16	-1.10	-1.25	-1.30
Filing Date Shares Outstanding	3,354	3,286	3,286	3,286	3,286
Total Common Shares Outstanding	3,354	3,286	3,286	3,286	3,286
Working Capital	-1,526	-1,770	-2,281	-2,987	-2,148
Book Value Per Share	0.63	0.63	0.61	0.90	1.20
Tangible Book Value	1,317	1,361	1,300	2,249	3,469
Tangible Book Value Per Share	0.39	0.41	0.40	0.68	1.06
Buildings	-	3,510	3,445	3,454	3,296
Machinery	-	5,236	5,000	4,999	4,782
Construction In Progress	-	547.59	283.93	218.69	249.01

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