SHE:002533 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	2,284	2,185	1,982	1,287	1,337
Trading Asset Securities	165.7	20	20.57	1	7.48
Cash & Short-Term Investments	2,450	2,205	2,003	1,288	1,345
Cash Growth	11.12%	10.10%	55.52%	-4.25%	26.91%
Accounts Receivable	4,793	3,876	2,999	2,794	2,664
Other Receivables	49.25	53.03	43.05	50	68.79
Receivables	4,842	3,929	3,042	2,844	2,733
Inventory	1,688	1,332	1,163	955.02	859.43
Other Current Assets	199.19	140.02	186.36	89.72	226.47
Total Current Assets	9,179	7,606	6,394	5,177	5,164
Property, Plant & Equipment	1,909	1,691	1,580	1,572	1,444
Long-Term Investments	118.1	63.63	63.45	57.16	76.19
Other Intangible Assets	293.75	285.62	292.94	255.22	220.04
Long-Term Deferred Tax Assets	125.71	97.72	95.1	83.56	75.29
Long-Term Deferred Charges	34.02	28.73	20.84	21.9	16.29
Other Long-Term Assets	510.61	571.91	485.15	477.07	386.21
Total Assets	12,171	10,345	8,932	7,643	7,382
Accounts Payable	4,215	3,247	2,345	1,881	1,325
Accrued Expenses	189.77	332.55	305.82	289.75	304.67
Short-Term Debt	491	220.5	163.69	312.92	675.01
Current Portion of Long-Term Debt	240.24	127.2	10.3	-	-
Current Portion of Leases	-	3.33	5.83	5.93	-
Current Income Taxes Payable	53.54	23.88	24.32	4.31	19.12
Current Unearned Revenue	677.77	656.09	692.64	543.63	614.39
Other Current Liabilities	456.17	348.44	302.04	233.87	235.21
Total Current Liabilities	6,323	4,959	3,849	3,271	3,173
Long-Term Debt	596.6	897.25	680.2	279	349
Long-Term Leases	18.16	14.27	11.66	12.19	12.48
Long-Term Unearned Revenue	87.98	72.61	70.39	76.99	79.89
Long-Term Deferred Tax Liabilities	27.92	27.57	28.36	30.02	22.43
Other Long-Term Liabilities	4.8	10.29	7.14	0.55	-
Total Liabilities	7,059	5,981	4,647	3,670	3,637
Common Stock	733.94	733.94	733.94	733.94	734.05
Additional Paid-In Capital	1,392	1,395	1,395	1,394	1,393
Retained Earnings	2,282	1,864	1,732	1,466	1,315
Treasury Stock	-50.08	-50.08	-9.49	-1.24	-9.11
Comprehensive Income & Other	217.15	-5.19	21.65	26.71	40.21
Total Common Equity	4,574	3,937	3,872	3,619	3,473
Minority Interest	537.6	426.95	412.49	354.1	271.1
Shareholders' Equity	5,112	4,364	4,285	3,973	3,745
Total Liabilities & Equity	12,171	10,345	8,932	7,643	7,382
Total Debt	1,346	1,263	871.68	610.04	1,036
Net Cash (Debt)	1,104	942.31	1,131	677.71	308.49
Net Cash Growth	17.16%	-16.68%	66.88%	119.69%	-
Net Cash Per Share	1.52	1.28	1.54	0.92	0.42
Filing Date Shares Outstanding	706.68	727.49	732.69	733.48	733.46
Total Common Shares Outstanding	706.68	727.49	732.69	733.48	733.46
Working Capital	2,856	2,647	2,545	1,905	1,991
Book Value Per Share	6.47	5.41	5.29	4.93	4.74
Tangible Book Value	4,281	3,652	3,580	3,364	3,253
Tangible Book Value Per Share	6.06	5.02	4.89	4.59	4.44
Buildings	-	1,335	1,302	1,225	1,189
Machinery	-	1,343	1,172	1,078	944.44
Construction In Progress	-	150.14	77.24	152.64	94.47

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