SHE:002653 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	1,386	1,056	1,169	775.39	575.11
Trading Asset Securities	-	150.13	160.06	-	-
Cash & Short-Term Investments	1,386	1,206	1,329	775.39	575.11
Cash Growth	14.94%	-9.23%	71.37%	34.82%	-53.41%
Accounts Receivable	1,033	1,077	883.9	803.79	569.97
Other Receivables	25.33	40.35	46.79	47.14	78.5
Receivables	1,058	1,117	930.69	850.93	648.47
Inventory	306.77	271.61	281.29	346	259.95
Prepaid Expenses	10.09	22.55	-	-	-
Other Current Assets	72.87	112.53	100.02	81.32	64.9
Total Current Assets	2,834	2,730	2,641	2,054	1,548
Property, Plant & Equipment	853.21	917.09	996.04	1,074	1,137
Long-Term Investments	177.99	146.99	232.46	422.17	381.19
Other Intangible Assets	1,518	1,277	751.23	708.33	682.47
Long-Term Deferred Tax Assets	204.7	177.23	148.24	126.08	83.57
Long-Term Deferred Charges	957.53	1,107	1,427	1,233	822.42
Other Long-Term Assets	465.62	443.95	457.37	430.15	350.51
Total Assets	7,011	6,798	6,653	6,048	5,005
Accounts Payable	165.85	195.89	208.99	242.44	301.4
Accrued Expenses	261.19	190.48	200.09	136.68	120.63
Short-Term Debt	79.95	242.57	99.98	484.69	452.18
Current Portion of Long-Term Debt	880.74	728.41	833.59	295.4	325.78
Current Portion of Leases	7.84	10.27	7.41	6.64	8
Current Income Taxes Payable	8.92	5.49	16.08	16.1	1.71
Current Unearned Revenue	16.72	20.87	14.61	26.96	28.44
Other Current Liabilities	146.03	174.23	123.23	279.64	279.98
Total Current Liabilities	1,567	1,568	1,504	1,489	1,518
Long-Term Debt	1,002	925	854.68	1,320	452.41
Long-Term Leases	9.55	4.14	10.85	4.52	10.91
Long-Term Unearned Revenue	134.77	95.06	108.47	98.52	102.54
Long-Term Deferred Tax Liabilities	9.62	3.77	4.01	2.53	1.11
Other Long-Term Liabilities	-	-	0.38	-	-
Total Liabilities	2,723	2,596	2,482	2,914	2,085
Common Stock	1,120	1,120	1,114	1,076	1,077
Additional Paid-In Capital	1,085	953.57	853.38	100.82	97.62
Retained Earnings	2,136	2,180	2,210	1,807	1,733
Treasury Stock	-56.66	-80.94	-9.15	-24.44	-38.31
Comprehensive Income & Other	5.77	40.55	11.86	76.41	-26.82
Total Common Equity	4,290	4,213	4,180	3,036	2,842
Minority Interest	-2	-11.09	-9.36	97.68	78.27
Shareholders' Equity	4,288	4,202	4,171	3,133	2,920
Total Liabilities & Equity	7,011	6,798	6,653	6,048	5,005
Total Debt	1,980	1,910	1,807	2,111	1,249
Net Cash (Debt)	-593.2	-704.22	-477.74	-1,336	-674.16
Net Cash Per Share	-0.53	-0.62	-0.44	-1.25	-0.63
Filing Date Shares Outstanding	1,155	1,159	1,048	1,036	1,091
Total Common Shares Outstanding	1,155	1,159	1,048	1,036	1,091
Working Capital	1,267	1,162	1,137	565.09	30.32
Book Value Per Share	3.71	3.63	3.99	2.93	2.61
Tangible Book Value	2,772	2,937	3,429	2,327	2,159
Tangible Book Value Per Share	2.40	2.53	3.27	2.25	1.98
Buildings	930.28	931.33	965.52	922.14	931.62
Machinery	818.33	789.01	748.62	709.94	677.15
Construction In Progress	0.6	6.73	5.87	97.9	88.54

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