SHE:002534 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	3,043	3,530	3,841	3,613	3,754
Trading Asset Securities	827.13	-	-	25.05	181.94
Cash & Short-Term Investments	3,870	3,530	3,841	3,638	3,936
Cash Growth	9.65%	-8.10%	5.56%	-7.56%	41.92%
Accounts Receivable	3,969	4,336	4,662	4,297	3,284
Other Receivables	236.14	150.63	161.84	229.6	170.83
Receivables	4,205	4,487	4,824	4,527	3,455
Inventory	1,222	1,552	1,399	1,903	1,707
Prepaid Expenses	-	-	-	0.87	-
Other Current Assets	359.38	469.64	669.33	815.96	819.86
Total Current Assets	9,657	10,038	10,733	10,885	9,917
Property, Plant & Equipment	2,287	2,340	2,281	2,024	1,778
Long-Term Investments	325.04	461.08	560.53	848.72	484.86
Goodwill	55.74	55.74	55.74	154.28	20.54
Other Intangible Assets	457.05	516.77	507.79	506.37	413.99
Long-Term Deferred Tax Assets	296.23	295.83	325.92	279.87	215.24
Long-Term Deferred Charges	21.25	17.02	16.22	14.82	4.13
Other Long-Term Assets	1,253	1,288	1,473	1,239	1,107
Total Assets	14,352	15,013	15,953	15,953	13,941
Accounts Payable	4,463	4,770	5,346	5,043	4,085
Accrued Expenses	126.08	153.72	166.95	170.88	292.07
Short-Term Debt	23	162.04	545.33	903.94	349.5
Current Portion of Long-Term Debt	-	10.41	630.66	20.04	-
Current Portion of Leases	-	5.73	14.11	28.16	23.07
Current Income Taxes Payable	103.07	38.68	47.39	37.58	26.78
Current Unearned Revenue	1,839	2,262	2,090	2,422	2,439
Other Current Liabilities	523.08	568.15	456.62	685.15	526.88
Total Current Liabilities	7,077	7,970	9,297	9,311	7,742
Long-Term Debt	293.23	1,546	1,475	1,634	1,313
Long-Term Leases	42.54	32.17	40.14	119.11	127.28
Long-Term Unearned Revenue	588.36	598.64	611.67	617.61	615.39
Long-Term Deferred Tax Liabilities	-	-	11.11	16.4	15.27
Other Long-Term Liabilities	216.39	154.59	166.66	136.74	114.46
Total Liabilities	8,218	10,301	11,601	11,835	9,927
Common Stock	835.94	739.21	739.2	739.2	739.2
Additional Paid-In Capital	1,905	775.98	809.34	738.93	745.21
Retained Earnings	2,813	2,523	2,157	2,176	2,116
Treasury Stock	-	-10.8	-	-158.61	-158.61
Comprehensive Income & Other	55.28	192.17	198.61	203.98	195.23
Total Common Equity	5,608	4,220	3,904	3,700	3,637
Minority Interest	525.15	492.29	447.82	418.61	376.48
Shareholders' Equity	6,134	4,712	4,352	4,119	4,014
Total Liabilities & Equity	14,352	15,013	15,953	15,953	13,941
Total Debt	358.78	1,756	2,705	2,705	1,812
Net Cash (Debt)	3,511	1,774	1,136	933.23	2,124
Net Cash Growth	97.96%	56.16%	21.71%	-56.06%	-6.57%
Net Cash Per Share	4.50	2.34	1.46	1.28	2.93
Filing Date Shares Outstanding	856.92	738.27	739.2	718.63	718.63
Total Common Shares Outstanding	856.92	738.27	739.2	718.63	718.63
Working Capital	2,579	2,068	1,436	1,575	2,175
Book Value Per Share	6.54	5.72	5.28	5.15	5.06
Tangible Book Value	5,096	3,647	3,341	3,039	3,203
Tangible Book Value Per Share	5.95	4.94	4.52	4.23	4.46
Buildings	-	2,098	1,649	1,142	981.13
Machinery	-	988.78	995.42	972.15	760.43
Construction In Progress	-	4.29	290.85	405.05	487.48

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