SHE:002783 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	1,008	651.12	525.66	991.21	537.65
Short-Term Investments	-	-	15	-	-
Trading Asset Securities	170.05	395.23	-	7.1	83.36
Cash & Short-Term Investments	1,179	1,046	540.66	998.31	621.01
Cash Growth	12.63%	93.53%	-45.84%	60.76%	-30.41%
Accounts Receivable	1,495	1,277	1,143	984.31	959.52
Other Receivables	151.22	54.01	25.72	25.68	50.31
Receivables	1,646	1,331	1,169	1,010	1,010
Inventory	326.63	383.65	405.95	387.08	284.28
Prepaid Expenses	-	0.83	0.9	1.31	2.34
Other Current Assets	120.31	161.49	177.18	178.09	91.18
Total Current Assets	3,272	2,924	2,294	2,575	2,009
Property, Plant & Equipment	3,401	3,360	3,307	3,431	3,306
Long-Term Investments	237.41	236.5	476.77	479.37	546.24
Goodwill	261.93	177.14	40.78	40.78	72.93
Other Intangible Assets	1,052	993.16	1,027	642.9	625.24
Long-Term Accounts Receivable	-	19.03	35.17	27.05	14.83
Long-Term Deferred Tax Assets	146.97	153.96	134.46	138.65	133.66
Long-Term Deferred Charges	19.1	13.12	14.48	11.72	14.15
Other Long-Term Assets	186.15	180.78	133.41	117.45	103.31
Total Assets	8,577	8,058	7,463	7,464	6,825
Accounts Payable	1,234	1,290	1,261	1,083	929.37
Accrued Expenses	131.68	193.07	192.95	186.32	187.05
Short-Term Debt	725.72	749.6	1,235	1,391	1,122
Current Portion of Long-Term Debt	236.97	316.61	419.26	475.66	235.89
Current Portion of Leases	-	3.28	0.85	1.02	0.96
Current Income Taxes Payable	104.69	51.57	28.84	31.8	26
Current Unearned Revenue	103.56	81.32	90.12	156.81	77.79
Other Current Liabilities	707	652.61	727.3	756.01	787.02
Total Current Liabilities	3,244	3,338	3,955	4,082	3,366
Long-Term Debt	1,314	802.17	511.84	680.73	953.27
Long-Term Leases	17.75	15.63	2.83	3.81	3.45
Long-Term Unearned Revenue	52.4	62.86	75.33	68.77	85.65
Pension & Post-Retirement Benefits	-	34.77	36.27	37.72	39.28
Long-Term Deferred Tax Liabilities	77.24	83.21	129.02	139.56	154.45
Other Long-Term Liabilities	110.55	140.8	250.17	195.69	126.89
Total Liabilities	4,816	4,477	4,960	5,208	4,729
Common Stock	499.36	499.8	391.24	390.41	381.73
Additional Paid-In Capital	1,316	1,316	568.63	561.96	527.47
Retained Earnings	770.88	678.39	572.53	436.31	303.02
Treasury Stock	-32.07	-35.88	-50.97	-46.54	-
Comprehensive Income & Other	76.93	74.93	89.94	92.37	88.54
Total Common Equity	2,631	2,533	1,571	1,435	1,301
Minority Interest	1,130	1,048	931.6	821.04	795.31
Shareholders' Equity	3,761	3,581	2,503	2,256	2,096
Total Liabilities & Equity	8,577	8,058	7,463	7,464	6,825
Total Debt	2,295	1,887	2,169	2,552	2,315
Net Cash (Debt)	-1,116	-840.95	-1,629	-1,554	-1,694
Net Cash Per Share	-2.27	-1.82	-4.18	-4.08	-4.59
Filing Date Shares Outstanding	463.46	499.8	391.24	390.87	381.73
Total Common Shares Outstanding	463.46	499.8	391.24	390.87	381.73
Working Capital	28.08	-413.91	-1,661	-1,507	-1,357
Book Value Per Share	5.68	5.07	4.02	3.67	3.41
Tangible Book Value	1,317	1,363	503.56	750.83	602.59
Tangible Book Value Per Share	2.84	2.73	1.29	1.92	1.58
Buildings	-	2,939	2,887	2,793	2,416
Machinery	-	2,249	2,241	2,260	1,666
Construction In Progress	-	196.27	67.19	101.92	762.13

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