SHE:002706 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	862.69	574.64	1,015	931.05	615.28
Short-Term Investments	52.43	-	130.01	100	-
Trading Asset Securities	234.26	320.35	351.42	553.89	-
Cash & Short-Term Investments	1,149	894.99	1,497	1,585	615.28
Cash Growth	28.42%	-40.21%	-5.56%	157.60%	2.85%
Accounts Receivable	1,401	1,303	1,256	1,311	1,312
Other Receivables	21.75	54.03	46.95	37.3	56.9
Receivables	1,423	1,357	1,302	1,349	1,368
Inventory	563.04	469.36	461.79	504.31	507.66
Prepaid Expenses	8.84	1.76	-	-	-
Other Current Assets	48.53	19.69	14.47	16.15	12.71
Total Current Assets	3,193	2,743	3,276	3,454	2,504
Property, Plant & Equipment	2,122	2,113	1,960	1,698	1,331
Long-Term Investments	50.31	45.04	36.81	24.49	24.74
Goodwill	28.34	18.73	18.73	18.73	18.73
Other Intangible Assets	214.62	192.69	175.8	162.25	159.63
Long-Term Deferred Tax Assets	31.93	30.32	27.63	20.62	26.68
Long-Term Deferred Charges	113.94	130.09	140.07	127.36	116.29
Other Long-Term Assets	236.37	233.14	184.55	199.55	237.46
Total Assets	5,990	5,506	5,820	5,705	4,419
Accounts Payable	892.56	951.81	1,020	1,177	1,298
Accrued Expenses	179.49	224.59	193.54	179.32	177.33
Short-Term Debt	360.04	70	202.07	124.18	188.58
Current Portion of Long-Term Debt	4.85	-	-	36	3.8
Current Portion of Leases	5	6.58	5.55	7.16	5.45
Current Income Taxes Payable	8.96	0.37	19.3	3.97	4.44
Current Unearned Revenue	63.92	58.86	21.8	30.5	39.15
Other Current Liabilities	66.86	148.29	168.54	100.99	124.81
Total Current Liabilities	1,582	1,461	1,631	1,659	1,841
Long-Term Debt	12.32	-	-	258.71	326.66
Long-Term Leases	2.13	3.38	3.97	7	9.96
Long-Term Unearned Revenue	62.95	64.72	49.79	34.33	25.87
Long-Term Deferred Tax Liabilities	-	-	-	1.59	3.45
Other Long-Term Liabilities	-	-	-	0.47	5.5
Total Liabilities	1,659	1,529	1,685	1,961	2,213
Common Stock	1,123	1,123	1,123	1,123	1,019
Additional Paid-In Capital	1,726	1,578	1,530	1,660	246.66
Retained Earnings	1,657	1,631	1,599	1,313	1,115
Treasury Stock	-250.04	-354.65	-117.36	-352.54	-174.68
Total Common Equity	4,257	3,977	4,135	3,744	2,206
Minority Interest	74.39	-0.04	-	-	-
Shareholders' Equity	4,331	3,977	4,135	3,744	2,206
Total Liabilities & Equity	5,990	5,506	5,820	5,705	4,419
Total Debt	384.35	79.97	211.58	433.06	534.45
Net Cash (Debt)	765.02	815.02	1,285	1,152	80.82
Net Cash Growth	-6.13%	-36.59%	11.58%	1325.18%	-85.78%
Net Cash Per Share	0.69	0.73	1.13	1.07	0.08
Filing Date Shares Outstanding	1,085	1,111	1,123	1,105	1,019
Total Common Shares Outstanding	1,085	1,111	1,123	1,105	1,019
Working Capital	1,611	1,283	1,645	1,795	662.9
Book Value Per Share	3.92	3.58	3.68	3.39	2.16
Tangible Book Value	4,014	3,766	3,940	3,563	2,028
Tangible Book Value Per Share	3.70	3.39	3.51	3.22	1.99
Buildings	-	-	1,183	1,051	603.15
Machinery	783.74	682.23	630.21	477.65	375.72
Construction In Progress	40	80.69	534.98	484.98	604.48

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