SHE:002759 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	683.95	1,060	1,919	1,029	505.33
Short-Term Investments	12	12	12	7.2	1.8
Trading Asset Securities	61.54	32.33	-	-	-
Cash & Short-Term Investments	757.49	1,105	1,931	1,036	507.13
Cash Growth	-31.44%	-42.78%	86.38%	104.29%	673.22%
Accounts Receivable	1,531	945.68	1,011	1,357	1,016
Other Receivables	40.35	8.1	6.28	6.38	7.7
Receivables	1,571	953.78	1,017	1,364	1,023
Inventory	418.36	326.54	384.76	431.17	189.76
Other Current Assets	69.52	140.52	79.36	89.52	24.34
Total Current Assets	2,817	2,526	3,412	2,920	1,745
Property, Plant & Equipment	2,609	2,581	1,936	1,384	915.52
Long-Term Investments	93.72	80.3	103.12	81.72	84.56
Goodwill	704.96	735.38	1,775	1,444	1,444
Other Intangible Assets	256.24	301.58	311.56	289.61	153.13
Long-Term Deferred Tax Assets	12.77	5.19	4.22	7.9	6.87
Other Long-Term Assets	123.87	104.64	206.01	90.58	201.97
Total Assets	6,618	6,334	7,748	6,218	4,551
Accounts Payable	1,185	1,530	1,509	1,556	343.68
Accrued Expenses	124.64	57.81	43.94	63.32	95.37
Short-Term Debt	834.43	535.03	370.93	177.45	145
Current Portion of Long-Term Debt	53.32	50.58	55.99	2	-
Current Portion of Leases	-	-	0.43	-	-
Current Income Taxes Payable	5.13	5.24	6.99	13.51	59.63
Current Unearned Revenue	14.39	2.76	5.61	92.23	83.34
Other Current Liabilities	265.33	114.9	221.9	133.01	133.4
Total Current Liabilities	2,482	2,297	2,215	2,038	860.42
Long-Term Debt	277.49	240.09	239.38	35.95	-
Long-Term Unearned Revenue	4.66	0.67	0.68	0.72	1
Long-Term Deferred Tax Liabilities	5.55	6.35	7.21	0.66	11.03
Other Long-Term Liabilities	-	106.53	138	-	-
Total Liabilities	2,770	2,650	2,600	2,075	872.44
Common Stock	501.38	501.38	504.58	408.55	402.15
Additional Paid-In Capital	2,781	2,766	2,807	2,024	1,917
Retained Earnings	75.14	-7.04	1,394	1,468	1,094
Treasury Stock	-74.58	-74.58	-44.51	-89.02	-
Comprehensive Income & Other	3.87	5.34	4.49	-	-
Total Common Equity	3,287	3,191	4,665	3,811	3,413
Minority Interest	560.61	492.77	482.78	332.14	265.7
Shareholders' Equity	3,848	3,684	5,148	4,143	3,679
Total Liabilities & Equity	6,618	6,334	7,748	6,218	4,551
Total Debt	1,165	825.69	666.74	215.4	145
Net Cash (Debt)	-407.75	279.13	1,264	820.61	362.13
Net Cash Growth	-	-77.92%	54.05%	126.61%	-
Net Cash Per Share	-0.79	0.56	3.11	2.04	0.90
Filing Date Shares Outstanding	491.76	491.76	504.58	408.55	402.15
Total Common Shares Outstanding	491.76	491.76	504.58	408.55	402.15
Working Capital	334.36	228.9	1,197	882.35	884.29
Book Value Per Share	6.68	6.49	9.25	9.33	8.49
Tangible Book Value	2,326	2,154	2,579	2,077	1,815
Tangible Book Value Per Share	4.73	4.38	5.11	5.08	4.51
Buildings	1,397	1,239	723.01	652.8	489.54
Machinery	1,955	1,687	1,099	902.64	478.25
Construction In Progress	129.4	335.04	664.66	211.3	261.34

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