SHE:002645 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	546.71	767.77	949.36	907.07	368.06
Trading Asset Securities	33.04	99.71	68.68	74.43	30
Cash & Short-Term Investments	579.75	867.49	1,018	981.5	398.06
Cash Growth	-33.17%	-14.79%	3.72%	146.57%	-23.87%
Accounts Receivable	1,224	772.16	707.22	603.09	513.08
Other Receivables	75.81	12.11	10.67	12.87	10.81
Receivables	1,300	784.27	717.89	615.96	523.89
Inventory	2,506	1,831	1,784	2,212	1,961
Other Current Assets	261.12	184.02	144.15	267.47	105.57
Total Current Assets	4,647	3,667	3,664	4,077	2,989
Property, Plant & Equipment	1,300	1,190	1,057	981.85	795.22
Long-Term Investments	25.23	25.75	25.12	69.49	67.56
Goodwill	708.78	749.74	1,083	1,042	1,042
Other Intangible Assets	223.74	228.89	199.33	213.61	220.79
Long-Term Deferred Tax Assets	30.01	17.51	18.75	10.26	18.91
Long-Term Deferred Charges	16.8	3.4	3.78	5.42	2.07
Other Long-Term Assets	31.99	65.23	75.41	72.45	25.58
Total Assets	6,983	5,948	6,127	6,473	5,161
Accounts Payable	1,163	786.68	785.43	729.32	812.78
Accrued Expenses	72.9	72.26	62.9	101.06	88
Short-Term Debt	957.07	650.55	471.03	666.83	192.34
Current Portion of Long-Term Debt	134.81	67.72	58.44	9.97	0.01
Current Portion of Leases	-	9.35	6.8	11.82	7.17
Current Income Taxes Payable	54.82	5.56	5.64	3.53	22.82
Current Unearned Revenue	109.16	127.48	112.24	154.05	275.07
Other Current Liabilities	85.43	45.41	153.7	67.14	125.77
Total Current Liabilities	2,577	1,765	1,656	1,744	1,524
Long-Term Debt	162.38	658.85	657.93	580.52	9
Long-Term Leases	7.35	14.55	14.77	21.37	1.34
Long-Term Unearned Revenue	21.52	15.52	10.21	6.87	8.68
Long-Term Deferred Tax Liabilities	9.8	16.36	21.86	28.41	17.58
Other Long-Term Liabilities	0.84	-	0.82	-	1.92
Total Liabilities	2,779	2,470	2,362	2,381	1,562
Common Stock	627.6	581.53	581.52	581.95	582.44
Additional Paid-In Capital	2,136	1,633	1,635	1,635	1,618
Retained Earnings	1,263	1,059	1,415	1,689	1,341
Treasury Stock	-	-70.03	-50.02	-32.17	-67.42
Comprehensive Income & Other	15.55	124.86	124.88	123.13	12.45
Total Common Equity	4,043	3,328	3,706	3,997	3,486
Minority Interest	161.87	149.13	58.46	94.45	112.28
Shareholders' Equity	4,205	3,478	3,765	4,092	3,599
Total Liabilities & Equity	6,983	5,948	6,127	6,473	5,161
Total Debt	1,262	1,401	1,209	1,291	209.86
Net Cash (Debt)	-681.86	-533.53	-190.94	-309.01	188.2
Net Cash Growth	-	-	-	-	-46.96%
Net Cash Per Share	-1.17	-0.93	-0.34	-0.54	0.33
Filing Date Shares Outstanding	599.39	574.96	577.75	581.95	582.44
Total Common Shares Outstanding	599.39	574.96	577.75	581.95	582.44
Working Capital	2,070	1,902	2,008	2,334	1,465
Book Value Per Share	6.75	5.79	6.42	6.87	5.99
Tangible Book Value	3,110	2,350	2,424	2,741	2,223
Tangible Book Value Per Share	5.19	4.09	4.20	4.71	3.82
Buildings	-	856.38	804.93	748.24	634.3
Machinery	-	869.93	764.61	631.99	497.76
Construction In Progress	-	153.2	92.36	111.84	138.4

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