SHE:002628 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	117.51	102.48	86.49	209.74	428.61
Trading Asset Securities	-	98.54	140.4	119	46
Cash & Short-Term Investments	117.51	201.02	226.89	328.74	474.61
Cash Growth	-41.54%	-11.40%	-30.98%	-30.73%	-42.09%
Accounts Receivable	2,304	2,414	2,390	2,618	2,497
Other Receivables	212.34	333.68	467.7	523.39	697.67
Receivables	2,517	2,748	2,858	3,142	3,195
Inventory	72.8	77.89	74.22	60.38	46.11
Prepaid Expenses	2.98	2.62	3.05	3.1	4.12
Other Current Assets	177.87	188.91	244.43	197.98	206.66
Total Current Assets	2,888	3,218	3,406	3,732	3,926
Property, Plant & Equipment	80.7	76.59	81.57	72.15	65.69
Long-Term Investments	3.33	2.92	2.94	2.95	17.73
Other Intangible Assets	275.78	54.05	56.13	53.49	71.76
Long-Term Accounts Receivable	2,646	2,822	2,687	2,836	3,063
Long-Term Deferred Tax Assets	167.51	158.45	139.64	115.58	113.82
Long-Term Deferred Charges	6.14	5.51	7.58	3.79	5.36
Other Long-Term Assets	633.25	630.11	944.69	867.35	932.67
Total Assets	6,701	6,968	7,326	7,683	8,196
Accounts Payable	1,086	1,329	1,513	1,625	1,829
Accrued Expenses	53.14	42.52	23.61	33.79	28.74
Short-Term Debt	29.03	13.02	10.04	10.02	150.32
Current Portion of Long-Term Debt	98.81	105.03	105.15	132.7	403.63
Current Portion of Leases	6.33	6.22	4.15	5.11	4.51
Current Income Taxes Payable	11.23	15.77	6.03	12.95	13.32
Current Unearned Revenue	75.84	41.79	44.54	53.49	48.37
Other Current Liabilities	870.09	801.8	818.98	930.28	720.96
Total Current Liabilities	2,231	2,355	2,526	2,803	3,199
Long-Term Debt	1,206	1,306	1,399	1,496	1,626
Long-Term Leases	6.98	10.18	9.59	3.77	6.97
Long-Term Deferred Tax Liabilities	158	110.37	122.87	86.67	80.37
Other Long-Term Liabilities	206.48	212.07	204.14	214.88	233.24
Total Liabilities	3,808	3,994	4,261	4,605	5,146
Common Stock	757.1	757.1	757.1	757.19	758.73
Additional Paid-In Capital	905.73	905.73	905.73	905.85	908.02
Retained Earnings	1,120	1,199	1,291	1,304	1,295
Treasury Stock	-	-	-	-0.76	-16.3
Comprehensive Income & Other	31.4	34.37	33.35	35.73	29.98
Total Common Equity	2,815	2,896	2,987	3,002	2,975
Minority Interest	77.69	78.4	77.17	76.3	74.85
Shareholders' Equity	2,892	2,975	3,064	3,078	3,050
Total Liabilities & Equity	6,701	6,968	7,326	7,683	8,196
Total Debt	1,347	1,440	1,528	1,648	2,191
Net Cash (Debt)	-1,230	-1,239	-1,301	-1,319	-1,717
Net Cash Per Share	-1.56	-1.61	-2.90	-1.45	-2.17
Filing Date Shares Outstanding	757.1	757.1	757.1	757.19	758.73
Total Common Shares Outstanding	757.1	757.1	757.1	757.19	758.73
Working Capital	657.16	862.9	880.44	928.46	727.02
Book Value Per Share	3.72	3.83	3.95	3.96	3.92
Tangible Book Value	2,539	2,842	2,931	2,949	2,904
Tangible Book Value Per Share	3.35	3.75	3.87	3.89	3.83
Buildings	25.4	-	20.28	20.28	28.43
Machinery	137.02	-	152.15	155.73	156.38
Construction In Progress	35.4	-	31.14	23.75	12.04

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