SHE:002600 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	6,183	6,573	3,018	2,731	2,866
Short-Term Investments	80.23	-	-	-	-
Trading Asset Securities	1,529	6.96	74.3	1,197	207.65
Cash & Short-Term Investments	7,793	6,580	3,092	3,927	3,073
Cash Growth	18.42%	112.79%	-21.26%	27.78%	-31.86%
Accounts Receivable	14,427	11,798	9,135	9,442	9,426
Other Receivables	431.05	386.71	315.93	195.23	541.56
Receivables	14,858	12,184	9,451	9,637	9,967
Inventory	7,446	6,003	5,903	5,253	5,085
Prepaid Expenses	30.92	22.79	31.34	11.18	10.08
Other Current Assets	1,154	755.43	678.95	579.1	679.33
Total Current Assets	31,282	25,546	19,157	19,407	18,815
Property, Plant & Equipment	18,691	13,838	12,089	11,460	11,447
Long-Term Investments	2,090	1,825	1,651	785.3	459.8
Goodwill	2,704	1,174	1,303	1,367	1,761
Other Intangible Assets	1,262	995.41	1,099	1,212	1,044
Long-Term Deferred Tax Assets	732.46	676.94	630.11	775.14	759.74
Long-Term Deferred Charges	529.04	528.92	685.94	734.23	729.72
Other Long-Term Assets	609.38	609.49	573.16	450.45	530.82
Total Assets	57,900	45,193	37,188	36,192	35,547
Accounts Payable	14,103	10,418	8,027	6,960	8,119
Accrued Expenses	1,632	1,276	1,044	899.39	938.56
Short-Term Debt	4,532	929.24	1,487	2,027	3,344
Current Portion of Long-Term Debt	4,511	2,266	1,955	2,572	1,027
Current Portion of Leases	385.13	293.63	217.3	205.65	199.52
Current Income Taxes Payable	373.6	213.73	169.03	138.73	29.79
Current Unearned Revenue	250.15	164.61	193.63	174.33	15.62
Other Current Liabilities	697.63	236.05	143.62	261.99	303.77
Total Current Liabilities	26,485	15,798	13,237	13,238	13,976
Long-Term Debt	4,299	7,903	3,986	3,825	4,238
Long-Term Leases	1,117	503.41	487.47	531.91	640.25
Long-Term Unearned Revenue	627.58	747.27	771.82	671.7	344.67
Pension & Post-Retirement Benefits	25.32	-	-	-	-
Long-Term Deferred Tax Liabilities	340.88	386.9	389.42	406.74	282.95
Other Long-Term Liabilities	647.78	5.96	4.71	261.07	221.74
Total Liabilities	33,543	25,345	18,877	18,935	19,704
Common Stock	1,831	1,756	1,756	1,764	1,772
Additional Paid-In Capital	11,430	8,916	8,770	8,831	8,949
Retained Earnings	11,428	9,426	7,976	6,933	5,337
Treasury Stock	-405.11	-226.75	-230.43	-392.04	-178.14
Comprehensive Income & Other	-243.6	-85.24	-21.72	30.48	-73.97
Total Common Equity	24,040	19,786	18,251	17,167	15,806
Minority Interest	317.81	62.65	60.94	90.29	36.62
Shareholders' Equity	24,358	19,849	18,312	17,257	15,842
Total Liabilities & Equity	57,900	45,193	37,188	36,192	35,547
Total Debt	14,844	11,895	8,133	9,162	9,449
Net Cash (Debt)	-7,051	-5,315	-5,041	-5,234	-6,375
Net Cash Per Share	-0.99	-0.76	-0.71	-0.72	-0.92
Filing Date Shares Outstanding	6,930	6,996	6,991	7,039	7,071
Total Common Shares Outstanding	6,930	6,996	6,991	7,039	7,071
Working Capital	4,798	9,748	5,920	6,169	4,838
Book Value Per Share	3.47	2.83	2.61	2.44	2.24
Tangible Book Value	20,075	17,617	15,849	14,587	13,001
Tangible Book Value Per Share	2.90	2.52	2.27	2.07	1.84
Buildings	5,712	4,124	3,896	3,572	3,144
Machinery	18,990	15,625	13,952	12,498	11,371
Construction In Progress	2,860	2,078	1,051	980.49	1,192

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