SHE:002671 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	568.17	658.81	276.63	427.59	257.77
Trading Asset Securities	-	6.01	-	-	-
Cash & Short-Term Investments	568.17	664.82	276.63	427.59	257.77
Cash Growth	-14.54%	140.33%	-35.30%	65.88%	-31.48%
Accounts Receivable	1,055	899.41	914.99	877.16	973.24
Other Receivables	15.18	12.07	17.93	44.75	31.3
Receivables	1,071	911.48	932.92	921.91	1,005
Inventory	300.37	225.07	191.5	215	230.04
Other Current Assets	58.13	27.47	42.7	38	33.44
Total Current Assets	1,997	1,829	1,444	1,602	1,526
Property, Plant & Equipment	538.39	602.22	707.43	614.47	1,113
Long-Term Investments	11.3	11.58	12.29	11.47	4.77
Goodwill	108.96	77.69	108.59	108.59	208.59
Other Intangible Assets	173.13	152.92	193.58	201.82	219.36
Long-Term Deferred Tax Assets	79.7	106.58	96.81	101.59	80.17
Long-Term Deferred Charges	1.82	1.62	2.59	1.97	2.33
Other Long-Term Assets	81.37	164.4	39.12	2.16	9
Total Assets	2,992	2,946	2,604	2,645	3,163
Accounts Payable	385.31	273.03	297.58	259.71	288.2
Accrued Expenses	62.11	60.12	51.86	53.38	56.4
Short-Term Debt	337.8	596.11	371.44	589.55	416.76
Current Portion of Long-Term Debt	29.21	49.7	11.12	10.32	-
Current Portion of Leases	0.38	2.9	4.01	-	0.5
Current Income Taxes Payable	3.71	1.06	0.54	4.72	2.31
Current Unearned Revenue	40.28	47.02	44.37	40.51	16.73
Other Current Liabilities	63.61	39.98	100.59	61.69	150.94
Total Current Liabilities	922.41	1,070	881.51	1,020	931.84
Long-Term Debt	302.76	197	103.27	39.58	-
Long-Term Leases	2.27	2.27	2.65	-	-
Long-Term Unearned Revenue	9	8.63	8.33	7.59	11.12
Long-Term Deferred Tax Liabilities	6.78	1.28	1.9	2.52	3.28
Other Long-Term Liabilities	61.5	2.23	2.24	2.44	2.39
Total Liabilities	1,305	1,281	999.9	1,072	948.62
Common Stock	563.23	564.57	565.54	565.73	566.51
Additional Paid-In Capital	1,310	1,374	1,380	1,379	1,380
Retained Earnings	-216.95	-264.42	-330.01	-357.79	283.16
Treasury Stock	-14.51	-8.28	-10.77	-16.83	-26.63
Comprehensive Income & Other	4.89	-	-	-	-
Total Common Equity	1,647	1,666	1,605	1,571	2,203
Minority Interest	40.26	-1.38	-0.25	2.04	10.9
Shareholders' Equity	1,687	1,665	1,604	1,573	2,214
Total Liabilities & Equity	2,992	2,946	2,604	2,645	3,163
Total Debt	672.43	847.99	492.49	639.45	417.26
Net Cash (Debt)	-104.26	-183.16	-215.86	-211.86	-159.49
Net Cash Per Share	-0.18	-0.34	-0.39	-0.38	-0.27
Filing Date Shares Outstanding	433.67	503.37	527.03	558	555.18
Total Common Shares Outstanding	433.67	503.37	527.03	558	555.18
Working Capital	1,075	758.92	562.25	582.62	593.96
Book Value Per Share	3.80	3.31	3.04	2.81	3.97
Tangible Book Value	1,365	1,435	1,302	1,260	1,775
Tangible Book Value Per Share	3.15	2.85	2.47	2.26	3.20
Buildings	724.39	617.04	680.65	619.7	951.59
Machinery	708.03	649.76	653.96	676.75	776.07
Construction In Progress	14.71	64.92	3.48	0.24	79.91
Order Backlog	1,358	-	-	-	-

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