SHE:002721 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	1,176	921.09	1,594	207.65	445.91
Trading Asset Securities	5.11	546.45	-	-	-
Cash & Short-Term Investments	1,181	1,468	1,594	207.65	445.91
Cash Growth	-19.53%	-7.91%	667.41%	-53.43%	1.49%
Accounts Receivable	364.58	33.94	14.39	298.23	2,281
Other Receivables	64.22	80.91	96.42	105.51	129.42
Receivables	428.8	114.85	110.81	403.73	2,411
Inventory	722.97	493.17	386.9	3,145	3,549
Prepaid Expenses	-	-	-	2.84	4.52
Other Current Assets	24.72	24.3	8.61	366.99	561.4
Total Current Assets	2,357	2,100	2,100	4,126	6,971
Property, Plant & Equipment	53.3	41.59	46.33	363.84	431.72
Long-Term Investments	-	-	-	136.83	139.85
Goodwill	189.35	8.79	8.79	68.95	192.6
Other Intangible Assets	40.75	8.9	9.15	59.59	71.87
Long-Term Accounts Receivable	-	-	-	-	13.02
Long-Term Deferred Tax Assets	31	25.61	21.73	12.64	577.74
Long-Term Deferred Charges	3.8	5.61	2.79	9.46	14.4
Other Long-Term Assets	11.64	5.15	5.39	4.93	5.33
Total Assets	2,687	2,196	2,194	4,782	8,418
Accounts Payable	2.28	1.73	5.63	288.82	341.91
Accrued Expenses	52.09	6.66	13.26	480.28	48.2
Short-Term Debt	30.02	-	-	5,922	4,968
Current Portion of Long-Term Debt	-	-	-	719.95	999.04
Current Portion of Leases	7.08	8.22	7.74	33.15	71.15
Current Income Taxes Payable	7	-	-	39.26	38.34
Current Unearned Revenue	49.3	24.78	25.41	50.95	693.65
Other Current Liabilities	47.73	45.51	70.21	636.19	83.19
Total Current Liabilities	195.5	86.89	122.25	8,170	7,244
Long-Term Debt	-	-	-	-	719.95
Long-Term Leases	11.26	7.26	6.39	7.8	68.48
Long-Term Unearned Revenue	-	-	-	9.17	9.42
Long-Term Deferred Tax Liabilities	16.86	11.91	12.73	28.84	29.02
Other Long-Term Liabilities	0.3	-	-	-	77.25
Total Liabilities	223.93	106.06	141.37	8,216	8,148
Common Stock	2,659	2,670	2,670	959.93	959.93
Additional Paid-In Capital	6,242	6,242	6,241	3,300	3,286
Retained Earnings	-6,708	-6,737	-6,751	-7,414	-3,753
Treasury Stock	-75.35	-85.5	-106.63	-10.15	-10.15
Comprehensive Income & Other	-	-	-	11.15	10.39
Total Common Equity	2,118	2,089	2,053	-3,153	493.49
Minority Interest	345.11	-	-	-281.31	-223.78
Shareholders' Equity	2,463	2,089	2,053	-3,434	269.71
Total Liabilities & Equity	2,687	2,196	2,194	4,782	8,418
Total Debt	48.37	15.49	14.13	6,683	6,827
Net Cash (Debt)	1,133	1,452	1,579	-6,475	-6,381
Net Cash Growth	-22.00%	-8.06%	-	-	-
Net Cash Per Share	0.43	0.55	1.45	-6.81	-6.69
Filing Date Shares Outstanding	2,659	2,659	1,518	949.78	949.78
Total Common Shares Outstanding	2,659	2,659	1,518	949.78	949.78
Working Capital	2,162	2,013	1,978	-4,045	-272.7
Book Value Per Share	0.80	0.79	1.35	-3.32	0.52
Tangible Book Value	1,888	2,072	2,035	-3,282	229.02
Tangible Book Value Per Share	0.71	0.78	1.34	-3.46	0.24
Buildings	42.99	33.15	33.15	440.78	449.52
Machinery	23.38	21.11	25.56	90.5	103.09

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