SHE:002546 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	360.19	274.62	363.44	339.25	316.26
Short-Term Investments	-	31.14	-	46.26	-
Trading Asset Securities	3,108	2,551	2,191	2,135	2,137
Cash & Short-Term Investments	3,468	2,857	2,554	2,521	2,453
Cash Growth	21.40%	11.87%	1.31%	2.75%	-7.50%
Accounts Receivable	291.58	316.68	350.92	295.08	290.34
Other Receivables	4.99	6.81	1.92	2.17	2.5
Receivables	296.57	323.5	352.84	297.25	292.84
Inventory	114.76	167.6	211.7	187.33	102.44
Prepaid Expenses	-	-	-	-	0.58
Other Current Assets	12.43	4.87	29.79	19.52	5.26
Total Current Assets	3,892	3,353	3,148	3,025	2,855
Property, Plant & Equipment	100.25	108.72	123.43	137.55	144.46
Long-Term Investments	14.88	64.62	91.69	270.15	425.07
Other Intangible Assets	38.1	40.33	42.25	43.89	46.82
Long-Term Deferred Tax Assets	22.33	41.7	54.9	37.97	20.6
Long-Term Deferred Charges	1.18	2.28	3.9	6.12	8.31
Other Long-Term Assets	78.21	86.3	96.58	103.65	114.45
Total Assets	4,147	3,697	3,561	3,624	3,614
Accounts Payable	186.81	216.95	220.4	248.21	159.89
Accrued Expenses	13.01	17.52	17.11	37.49	18.89
Short-Term Debt	24.02	24.02	24.02	20.02	20.03
Current Income Taxes Payable	6.98	12.6	-	10.19	18.14
Current Unearned Revenue	21.83	61.08	80.15	48.72	44.58
Other Current Liabilities	11.55	7.99	10.05	8.63	15.53
Total Current Liabilities	264.21	340.15	351.73	373.26	277.06
Long-Term Unearned Revenue	4.83	5.54	6.25	6.97	7.68
Long-Term Deferred Tax Liabilities	49.01	1.92	5.65	4.44	1.76
Total Liabilities	318.05	347.61	363.63	384.66	286.51
Common Stock	834.05	834.05	834.05	834.05	834.05
Additional Paid-In Capital	1,237	1,236	1,237	1,227	1,227
Retained Earnings	1,723	1,245	1,078	1,116	1,205
Comprehensive Income & Other	-	-	11.52	13.05	9.62
Total Common Equity	3,794	3,315	3,161	3,190	3,276
Minority Interest	35.03	34.74	36.59	49.42	51.98
Shareholders' Equity	3,829	3,349	3,197	3,240	3,328
Total Liabilities & Equity	4,147	3,697	3,561	3,624	3,614
Total Debt	24.02	24.02	24.02	20.02	20.03
Net Cash (Debt)	3,444	2,833	2,530	2,501	2,433
Net Cash Growth	21.58%	11.98%	1.16%	2.77%	-7.56%
Net Cash Per Share	4.11	3.40	2.86	2.24	2.94
Filing Date Shares Outstanding	850.39	834.05	834.05	834.05	834.05
Total Common Shares Outstanding	850.39	834.05	834.05	834.05	834.05
Working Capital	3,628	3,013	2,797	2,652	2,577
Book Value Per Share	4.46	3.97	3.79	3.83	3.93
Tangible Book Value	3,756	3,274	3,119	3,146	3,229
Tangible Book Value Per Share	4.42	3.93	3.74	3.77	3.87
Buildings	-	214.67	213.37	213.04	208.75
Machinery	-	201.9	199.63	197.14	188.85
Construction In Progress	-	3.27	4.74	5.55	3.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.