SHE:002586 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	1,260	1,301	686.5	680.31	303.17
Trading Asset Securities	-	1.21	-	-	-
Cash & Short-Term Investments	1,260	1,302	686.5	680.31	303.17
Cash Growth	-3.21%	89.65%	0.91%	124.40%	-21.45%
Accounts Receivable	1,543	1,915	1,935	2,216	2,917
Other Receivables	326.28	1,148	1,307	1,034	915.24
Receivables	1,869	3,064	3,242	3,250	3,832
Inventory	6.18	90.62	39.11	49.64	36.53
Prepaid Expenses	-	-	-	0.12	-
Other Current Assets	947.28	63.16	48.04	145.14	144.06
Total Current Assets	4,083	4,519	4,016	4,125	4,316
Property, Plant & Equipment	181.94	225.07	292.96	310.38	325.15
Long-Term Investments	58.39	164.16	238.46	325.17	309.4
Goodwill	-	-	7.05	7.05	251.72
Other Intangible Assets	2.54	3.05	41.24	49.25	58.37
Long-Term Deferred Tax Assets	171.86	183.01	157.91	134.86	142.82
Long-Term Deferred Charges	1.01	3.56	2.37	2.94	3.34
Other Long-Term Assets	1,898	2,477	2,929	3,287	3,474
Total Assets	6,397	7,576	7,685	8,242	8,881
Accounts Payable	1,807	2,094	1,963	2,069	2,069
Accrued Expenses	17.64	312.95	321.16	325.81	404.64
Short-Term Debt	30.01	581.78	646.7	675.95	1,183
Current Portion of Long-Term Debt	44.16	56.5	72.03	124.69	237.82
Current Income Taxes Payable	193.37	46.48	121.55	124.71	95.78
Current Unearned Revenue	104.94	222.65	193.07	159.38	84.26
Other Current Liabilities	738.53	1,033	931.92	1,085	723.41
Total Current Liabilities	2,935	4,347	4,250	4,564	4,798
Long-Term Debt	209.74	265.28	303.57	341.65	341.65
Long-Term Leases	-	0.21	3.1	0.33	1.27
Long-Term Unearned Revenue	0.36	-	-	-	-
Long-Term Deferred Tax Liabilities	1.01	2.72	3.6	3.57	1.7
Other Long-Term Liabilities	55.73	17.01	17.01	19.99	18.62
Total Liabilities	3,202	4,632	4,577	4,930	5,161
Common Stock	1,144	1,144	1,144	1,144	1,144
Additional Paid-In Capital	4,259	4,259	4,259	4,259	3,315
Retained Earnings	-2,289	-2,562	-2,411	-2,267	-943.1
Comprehensive Income & Other	101.05	91.62	74.61	73.98	61.07
Total Common Equity	3,215	2,932	3,066	3,210	3,577
Minority Interest	-19.98	11.19	41.36	101.74	142.73
Shareholders' Equity	3,195	2,943	3,108	3,312	3,720
Total Liabilities & Equity	6,397	7,576	7,685	8,242	8,881
Total Debt	283.91	903.77	1,025	1,143	1,764
Net Cash (Debt)	976.27	398.18	-338.9	-462.3	-1,460
Net Cash Growth	145.18%	-	-	-	-
Net Cash Per Share	0.85	0.35	-0.30	-0.40	-1.27
Filing Date Shares Outstanding	1,145	1,144	1,144	1,144	1,144
Total Common Shares Outstanding	1,145	1,144	1,144	1,144	1,144
Working Capital	1,148	172.43	-233.66	-439.44	-481.76
Book Value Per Share	2.81	2.56	2.68	2.81	3.13
Tangible Book Value	3,213	2,929	3,018	3,154	3,267
Tangible Book Value Per Share	2.81	2.56	2.64	2.76	2.86
Buildings	-	344.35	389.19	387.81	386.03
Machinery	-	110.06	109.35	52.64	112.72
Construction In Progress	-	0.32	-	0.98	-

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