SHE:002583 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	1,325	1,132	1,157	927.51	1,409
Short-Term Investments	167.81	89.9	27.23	-	61
Trading Asset Securities	-	0.96	1.45	-	-
Cash & Short-Term Investments	1,492	1,223	1,186	927.51	1,470
Cash Growth	22.02%	3.13%	27.87%	-36.90%	5.22%
Accounts Receivable	2,724	2,772	2,887	3,314	3,146
Other Receivables	465.66	455.2	463.07	273.12	347.58
Receivables	3,189	3,227	3,350	3,587	3,493
Inventory	1,595	1,625	1,703	1,707	1,851
Other Current Assets	453.78	425.54	727.76	136.6	167.06
Total Current Assets	6,731	6,500	6,967	6,358	6,981
Property, Plant & Equipment	1,824	1,731	1,670	1,733	1,848
Long-Term Investments	63.2	178.21	157.72	192.08	283.63
Goodwill	39.19	56.21	56.21	98.68	164.51
Other Intangible Assets	931.72	1,402	1,457	1,418	1,851
Long-Term Accounts Receivable	282.27	338.88	389.44	446.76	464.2
Long-Term Deferred Tax Assets	608.74	667.53	705.5	683.93	646.95
Long-Term Deferred Charges	271.4	303	413.47	555.13	663.62
Other Long-Term Assets	0.64	4.67	3.87	24.52	30.54
Total Assets	10,751	11,182	11,820	11,510	12,934
Accounts Payable	1,509	1,242	1,341	1,439	1,527
Accrued Expenses	469.01	317.95	305.21	251.32	273.22
Short-Term Debt	1,663	1,785	1,824	1,561	2,777
Current Portion of Long-Term Debt	40.74	180.1	454.39	292.33	239.93
Current Portion of Leases	20.04	24.65	21.65	26.86	26.25
Current Income Taxes Payable	16.5	25.93	8.07	29.24	12.05
Current Unearned Revenue	676.84	482.99	419.87	427.53	436.06
Other Current Liabilities	192.69	175.58	248.08	239.04	309.42
Total Current Liabilities	4,588	4,234	4,622	4,266	5,601
Long-Term Debt	251.8	152.82	199.27	544.88	1,043
Long-Term Leases	17.19	32.26	36.23	34.04	107.36
Long-Term Unearned Revenue	81.49	92.47	91.94	60.77	133.98
Pension & Post-Retirement Benefits	0.82	0.95	1.23	1.39	1.37
Long-Term Deferred Tax Liabilities	19.87	100.86	112.36	104.63	153.29
Other Long-Term Liabilities	3,545	4,030	716.2	135.72	134.27
Total Liabilities	8,504	8,643	5,779	5,148	7,174
Common Stock	1,819	1,819	1,818	1,816	1,816
Additional Paid-In Capital	239.73	2,847	2,845	2,834	2,832
Retained Earnings	-38	-2,388	1,097	1,485	1,077
Comprehensive Income & Other	64.07	108.72	110.53	67.17	-124.88
Total Common Equity	2,084	2,387	5,871	6,202	5,600
Minority Interest	163.25	152.1	169.75	159.43	159.56
Shareholders' Equity	2,248	2,539	6,041	6,362	5,760
Total Liabilities & Equity	10,751	11,182	11,820	11,510	12,934
Total Debt	1,992	2,175	2,535	2,460	4,194
Net Cash (Debt)	-499.92	-951.7	-1,349	-1,532	-2,724
Net Cash Per Share	-0.27	-0.52	-0.74	-0.84	-1.48
Filing Date Shares Outstanding	1,819	1,819	1,818	1,816	1,816
Total Common Shares Outstanding	1,819	1,819	1,818	1,816	1,816
Working Capital	2,143	2,267	2,345	2,092	1,381
Book Value Per Share	1.15	1.31	3.23	3.42	3.08
Tangible Book Value	1,114	928.86	4,358	4,686	3,585
Tangible Book Value Per Share	0.61	0.51	2.40	2.58	1.97
Buildings	1,512	1,514	1,020	1,017	1,013
Machinery	1,171	1,161	1,132	1,100	1,109
Construction In Progress	398.35	197.09	612.7	613.38	585.55

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