SHE:002611 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	2,079	1,729	1,826	1,274	1,664
Short-Term Investments	10.91	-	-	-	103.79
Trading Asset Securities	766.66	791.4	682.63	860.83	788.19
Cash & Short-Term Investments	2,856	2,520	2,509	2,135	2,556
Cash Growth	13.33%	0.46%	17.50%	-16.47%	1.36%
Accounts Receivable	1,084	912.37	1,007	942.27	809.51
Other Receivables	103.04	73.55	95.74	108.94	94.64
Receivables	1,187	985.92	1,103	1,051	904.15
Inventory	1,119	1,032	1,182	1,093	867.28
Prepaid Expenses	-	-	-	-	8.2
Other Current Assets	94	63.9	83	413.13	39.42
Total Current Assets	5,257	4,602	4,877	4,693	4,375
Property, Plant & Equipment	1,349	1,151	889.75	695.55	636.87
Long-Term Investments	1,120	663.5	588.79	429.8	247.3
Goodwill	394.32	424.99	440.63	430.92	306.97
Other Intangible Assets	366.94	356.56	365.95	368.1	293.72
Long-Term Accounts Receivable	6.21	4.05	4.31	1.29	0.14
Long-Term Deferred Tax Assets	180.65	222.19	255.87	244.54	180.25
Long-Term Deferred Charges	19.6	21.72	28.54	20.44	11.96
Other Long-Term Assets	29.58	82.45	87.19	45.32	304.6
Total Assets	8,724	7,529	7,538	6,929	6,357
Accounts Payable	1,177	831.37	889.98	898.24	768.46
Accrued Expenses	237.77	189.85	216.19	164.49	178.23
Short-Term Debt	185.52	85.39	370.55	41.82	228.31
Current Portion of Long-Term Debt	36.77	61.23	35.87	295.11	38.5
Current Portion of Leases	19.84	20.4	21.13	20.65	-
Current Income Taxes Payable	24.07	51.56	45.97	9.99	22.05
Current Unearned Revenue	458.56	373.93	645.61	692.57	405.84
Other Current Liabilities	238.59	332.99	210.19	126.42	187.83
Total Current Liabilities	2,379	1,947	2,435	2,249	1,829
Long-Term Debt	110.99	125.48	79.11	57.88	325.03
Long-Term Leases	53.37	47.67	65.86	68.99	65.21
Long-Term Unearned Revenue	13.07	14.79	9.96	11.07	12.19
Pension & Post-Retirement Benefits	-	-	13.96	13.18	16.08
Long-Term Deferred Tax Liabilities	2.96	2.04	8.85	6.83	1.75
Other Long-Term Liabilities	132.08	167.52	190.78	255.34	254.11
Total Liabilities	2,691	2,304	2,804	2,663	2,504
Common Stock	1,217	1,219	1,241	1,241	1,332
Additional Paid-In Capital	2,796	2,673	2,752	2,849	3,239
Retained Earnings	1,576	1,009	508.09	74.85	-372.33
Treasury Stock	-115.23	-117.23	-218.3	-240.26	-494.34
Comprehensive Income & Other	299.92	193.87	229.05	139.43	-22.07
Total Common Equity	5,774	4,977	4,512	4,064	3,682
Minority Interest	259.1	246.96	222.52	202.03	171.61
Shareholders' Equity	6,033	5,224	4,734	4,266	3,854
Total Liabilities & Equity	8,724	7,529	7,538	6,929	6,357
Total Debt	406.47	340.17	572.52	484.46	657.05
Net Cash (Debt)	2,450	2,180	1,937	1,651	1,899
Net Cash Growth	12.37%	12.59%	17.31%	-13.08%	-0.17%
Net Cash Per Share	2.03	1.87	1.61	1.37	1.42
Filing Date Shares Outstanding	1,217	989.39	1,268	1,142	1,330
Total Common Shares Outstanding	1,217	989.39	1,268	1,142	1,330
Working Capital	2,879	2,655	2,442	2,443	2,546
Book Value Per Share	4.74	5.03	3.56	3.56	2.77
Tangible Book Value	5,013	4,196	3,705	3,265	3,081
Tangible Book Value Per Share	4.12	4.24	2.92	2.86	2.32
Buildings	1,078	684.94	664.48	595.77	574.98
Machinery	779.55	685.19	628.1	596.56	536.76
Construction In Progress	195.84	404.83	195.56	38.9	12.3

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