SHE:002590 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	805.76	1,123	878.6	857.7	593.51
Short-Term Investments	-	-	-	-	1.54
Trading Asset Securities	-	-	-	-	2.89
Cash & Short-Term Investments	805.76	1,123	878.6	857.7	597.94
Cash Growth	-28.28%	27.87%	2.44%	43.44%	-2.10%
Accounts Receivable	2,308	1,959	1,722	1,352	1,168
Other Receivables	19.37	12.29	24.17	14.98	16.19
Receivables	2,328	1,971	1,746	1,367	1,184
Inventory	770.01	703.24	690.04	696.08	670.9
Prepaid Expenses	0.16	0.86	-	1.2	4.48
Other Current Assets	33.51	19.33	19.19	21.46	38
Total Current Assets	3,937	3,818	3,334	2,944	2,495
Property, Plant & Equipment	1,756	1,683	1,521	1,418	1,011
Long-Term Investments	123.99	153.18	143.19	75.55	50.55
Other Intangible Assets	305.02	285.55	232.04	241.34	228.1
Long-Term Accounts Receivable	4.58	7.5	5.77	6.53	7.45
Long-Term Deferred Tax Assets	74.28	67.72	65.3	62.43	50.75
Long-Term Deferred Charges	5.05	5.08	4.27	5.08	3.66
Other Long-Term Assets	71.57	28.24	18.75	59.2	54.59
Total Assets	6,277	6,049	5,324	4,811	3,902
Accounts Payable	2,124	1,775	1,819	1,664	1,176
Accrued Expenses	155.72	145.25	114.83	129.11	94.53
Short-Term Debt	370.26	456.38	279.76	425	269.82
Current Portion of Long-Term Debt	1.45	36.02	166.97	12.02	13.81
Current Portion of Leases	9.84	17.25	27.22	11.64	5.47
Current Income Taxes Payable	15.57	17.6	10.77	13.52	6.23
Current Unearned Revenue	99.07	104.93	94.33	48.88	59.33
Other Current Liabilities	138.07	130.89	118.02	80.84	16.41
Total Current Liabilities	2,914	2,683	2,631	2,385	1,642
Long-Term Debt	44.67	-	81.8	168.4	111.29
Long-Term Leases	19.38	42.84	73.07	56.54	11.99
Long-Term Unearned Revenue	124.56	151.23	140.55	130.08	123.8
Long-Term Deferred Tax Liabilities	1.84	1.92	2.06	-	2.12
Other Long-Term Liabilities	40.59	46.98	42.07	31.84	19.77
Total Liabilities	3,145	2,926	2,970	2,772	1,911
Common Stock	519.05	519.05	479.65	479.65	479.65
Additional Paid-In Capital	1,192	1,337	807.85	795.02	783.7
Retained Earnings	1,334	1,152	966.74	686.43	655.56
Treasury Stock	-10.73	-	-	-	-
Comprehensive Income & Other	16.38	20.63	13.42	1.77	-
Total Common Equity	3,051	3,028	2,268	1,963	1,919
Minority Interest	81.83	94.72	86.08	76.9	72.09
Shareholders' Equity	3,132	3,123	2,354	2,040	1,991
Total Liabilities & Equity	6,277	6,049	5,324	4,811	3,902
Total Debt	445.59	552.49	628.81	673.59	412.38
Net Cash (Debt)	360.16	571	249.79	184.11	185.57
Net Cash Growth	-36.92%	128.59%	35.68%	-0.78%	-31.70%
Net Cash Per Share	0.69	1.33	0.52	0.39	0.43
Filing Date Shares Outstanding	518.21	519.05	479.65	479.65	479.65
Total Common Shares Outstanding	518.21	519.05	479.65	479.65	479.65
Working Capital	1,023	1,135	703.17	559	853.6
Book Value Per Share	5.89	5.83	4.73	4.09	4.00
Tangible Book Value	2,746	2,742	2,036	1,722	1,691
Tangible Book Value Per Share	5.30	5.28	4.24	3.59	3.53
Buildings	810.31	655.11	598.91	513.11	483.16
Machinery	2,131	1,955	1,759	1,473	1,205
Construction In Progress	162.72	228.82	174.61	298.76	127.61

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