SHE:002498 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	-	1,370	1,621	891.47	1,042
Short-Term Investments	-	42.64	109.04	22	12
Trading Asset Securities	-	1,124	252.28	656.25	616.16
Cash & Short-Term Investments	2,753	2,536	1,982	1,570	1,670
Cash Growth	8.54%	27.96%	26.28%	-6.01%	10.76%
Accounts Receivable	-	3,671	3,781	4,089	3,689
Other Receivables	-	400.22	262.71	209.03	306.14
Receivables	-	4,071	4,043	4,298	3,995
Inventory	-	1,644	1,318	1,259	1,256
Prepaid Expenses	-	4.13	34.29	12.86	7.32
Other Current Assets	-	59.42	95.54	118.61	88.35
Total Current Assets	-	8,315	7,473	7,259	7,017
Property, Plant & Equipment	-	1,343	1,307	1,115	817.53
Long-Term Investments	-	1,134	920.77	698.04	764.07
Other Intangible Assets	-	435.02	540.46	509.91	520.3
Long-Term Deferred Tax Assets	-	131.08	107.05	102.92	92.12
Long-Term Deferred Charges	-	2.58	1.31	0.67	0.88
Other Long-Term Assets	-	83.84	66.07	169.61	109.08
Total Assets	-	11,445	10,416	9,855	9,321
Accounts Payable	-	536.7	578.17	485.45	879.15
Accrued Expenses	-	83.14	115.34	134.23	88.36
Short-Term Debt	-	1,712	954.57	974.62	277.17
Current Income Taxes Payable	-	14.34	19.51	18.29	52.57
Current Unearned Revenue	-	475.69	418.7	384.45	711.03
Other Current Liabilities	-	353.08	381.19	392.66	407.97
Total Current Liabilities	-	3,175	2,467	2,390	2,416
Long-Term Unearned Revenue	-	117.42	117.62	121.97	122.95
Long-Term Deferred Tax Liabilities	-	8.71	23.36	26.86	12.56
Other Long-Term Liabilities	-	-	-	130	260
Total Liabilities	-	3,301	2,608	2,669	2,812
Common Stock	-	3,327	3,327	3,327	3,327
Additional Paid-In Capital	-	190.78	190.4	190.4	190.4
Retained Earnings	-	4,649	4,097	3,457	2,791
Comprehensive Income & Other	-	-40.88	63.14	74.8	64.06
Total Common Equity	8,599	8,125	7,678	7,049	6,372
Minority Interest	-	18.85	129.82	138	136.88
Shareholders' Equity	8,621	8,144	7,807	7,187	6,509
Total Liabilities & Equity	-	11,445	10,416	9,855	9,321
Total Debt	2,569	1,712	954.57	974.62	277.17
Net Cash (Debt)	183.92	824.92	1,028	595.1	1,393
Net Cash Growth	-77.70%	-19.73%	72.69%	-57.27%	-7.63%
Net Cash Per Share	0.06	0.25	0.31	0.18	0.42
Filing Date Shares Outstanding	3,331	3,327	3,327	3,327	3,327
Total Common Shares Outstanding	3,327	3,327	3,327	3,327	3,327
Working Capital	-	5,141	5,005	4,869	4,601
Book Value Per Share	2.58	2.44	2.31	2.12	1.92
Tangible Book Value	8,176	7,690	7,137	6,539	5,852
Tangible Book Value Per Share	2.46	2.31	2.15	1.97	1.76
Buildings	-	842.45	794.07	484.25	405.73
Machinery	-	1,126	1,005	787.82	667.22
Construction In Progress	-	168.09	250.82	540.95	411.04

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