SHE:002688 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	618.35	635.89	608.13	491.37	517.66
Trading Asset Securities	1.38	0.55	0.51	-	-
Cash & Short-Term Investments	619.74	636.45	608.64	491.37	517.66
Cash Growth	-2.63%	4.57%	23.87%	-5.08%	64.44%
Accounts Receivable	656.18	659.9	633.13	504.86	493.6
Other Receivables	46.01	16.53	64.79	12.12	11.22
Receivables	702.19	676.43	697.92	516.98	504.82
Inventory	668.1	635.28	670.55	675.91	577.2
Prepaid Expenses	-	0.23	0.2	0.25	0.31
Other Current Assets	67.81	72.32	62.27	62.01	49.97
Total Current Assets	2,058	2,021	2,040	1,747	1,650
Property, Plant & Equipment	2,370	2,322	2,052	1,623	1,209
Long-Term Investments	17.16	17.16	12.16	3.15	0.53
Goodwill	282.11	460.3	497.95	298.91	295.97
Other Intangible Assets	631.15	639.94	656.4	629.72	645.33
Long-Term Deferred Tax Assets	50.77	71.21	50.05	16.54	9.99
Long-Term Deferred Charges	75.43	92.12	102.43	88.32	75.35
Other Long-Term Assets	34.9	27.03	42.98	102.16	178.59
Total Assets	5,519	5,651	5,454	4,509	4,065
Accounts Payable	298.57	313.71	254.91	263.11	122.04
Accrued Expenses	27.85	72.84	99.62	47.4	36.65
Short-Term Debt	730.35	1,032	1,687	1,246	833.9
Current Portion of Long-Term Debt	582.77	225.37	82.31	44.79	85.24
Current Portion of Leases	-	75.82	7.13	6.56	1.95
Current Income Taxes Payable	6.88	21.97	1.1	1.23	5.21
Current Unearned Revenue	24.72	17.96	17.77	25.66	30.61
Other Current Liabilities	131.04	101.16	107.78	29.42	48.08
Total Current Liabilities	1,802	1,861	2,257	1,665	1,164
Long-Term Debt	992.34	965.79	497.49	296.22	87
Long-Term Leases	14.63	154.64	26.19	7.67	-
Long-Term Unearned Revenue	59.09	56.12	39.24	38.09	38.33
Long-Term Deferred Tax Liabilities	108.99	112.97	116.88	76.6	67.38
Other Long-Term Liabilities	98.38	-	-	-	11.64
Total Liabilities	3,076	3,151	2,937	2,083	1,368
Common Stock	769.53	771.69	780.42	780.42	780.42
Additional Paid-In Capital	875.99	879.51	896.48	888.96	1,079
Retained Earnings	668.29	715.52	690.64	679.56	603.94
Treasury Stock	-94.28	-138.86	-131.89	-131.89	-
Comprehensive Income & Other	8.87	18.75	11.14	4.61	-25.2
Total Common Equity	2,228	2,247	2,247	2,222	2,438
Minority Interest	214.94	253.25	269.89	203.63	258.28
Shareholders' Equity	2,443	2,500	2,517	2,425	2,696
Total Liabilities & Equity	5,519	5,651	5,454	4,509	4,065
Total Debt	2,320	2,454	2,300	1,602	1,008
Net Cash (Debt)	-1,700	-1,818	-1,691	-1,110	-490.44
Net Cash Per Share	-2.18	-2.35	-2.17	-1.42	-0.70
Filing Date Shares Outstanding	808.63	752.17	753.75	753.75	780.42
Total Common Shares Outstanding	808.63	752.17	753.75	753.75	780.42
Working Capital	255.66	159.49	-217.74	81.88	486.27
Book Value Per Share	2.76	2.99	2.98	2.95	3.12
Tangible Book Value	1,315	1,146	1,092	1,293	1,497
Tangible Book Value Per Share	1.63	1.52	1.45	1.72	1.92
Buildings	-	1,204	918.97	806.47	671.81
Machinery	-	2,108	1,586	1,515	1,145
Construction In Progress	-	246.27	645.56	300.79	289.91

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