SHE:002841 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	2,529	4,904	4,718	4,742	4,998
Short-Term Investments	3,027	593.33	4,512	7,369	560.98
Trading Asset Securities	1,370	310.07	794.11	818.32	23.52
Cash & Short-Term Investments	6,925	5,807	10,024	12,929	5,583
Cash Growth	19.25%	-42.07%	-22.47%	131.61%	23.35%
Accounts Receivable	689.96	481.93	447.65	416.39	305.97
Other Receivables	93.65	130.84	64.7	36.91	36.41
Receivables	783.61	612.77	512.35	453.31	342.38
Inventory	4,587	2,315	2,238	1,857	2,383
Prepaid Expenses	-	-	-	15.77	-
Other Current Assets	966.57	552.44	515.51	180.08	116.87
Total Current Assets	13,263	9,287	13,290	15,436	8,424
Property, Plant & Equipment	4,681	4,487	3,810	2,789	1,986
Long-Term Investments	6,013	7,051	3,015	955.95	4,222
Goodwill	326.91	262.38	231.8	89.95	94.71
Other Intangible Assets	1,007	685.98	481.85	395.8	380.75
Long-Term Accounts Receivable	-	-	-	0.56	0.41
Long-Term Deferred Tax Assets	497.37	456.09	425.32	384.13	292.97
Long-Term Deferred Charges	111.34	109.36	26.56	20.27	15.3
Other Long-Term Assets	239.5	330.71	524.74	76.65	91.63
Total Assets	26,139	22,670	21,806	20,148	15,508
Accounts Payable	4,747	3,047	3,224	2,880	2,989
Accrued Expenses	499.98	564.38	532.33	537.24	529.87
Short-Term Debt	3,725	2,708	2,545	1,967	1,076
Current Portion of Long-Term Debt	198.6	3.41	102.3	100.08	-
Current Portion of Leases	19.4	21.67	24.81	26.06	14.84
Current Income Taxes Payable	33.57	34.05	28.7	60.3	101.56
Current Unearned Revenue	1,508	1,212	956.85	1,026	1,219
Other Current Liabilities	974.96	1,096	1,016	787.46	463.66
Total Current Liabilities	11,706	8,686	8,431	7,385	6,394
Long-Term Debt	235.01	564.03	203.43	100.08	200.15
Long-Term Leases	28.95	26.37	39.64	38.61	26.93
Long-Term Unearned Revenue	148.03	127.09	98.15	86.46	78.12
Long-Term Deferred Tax Liabilities	24.81	24.5	42.28	57.57	30.37
Other Long-Term Liabilities	111.01	117.56	124.79	310.2	247.67
Total Liabilities	12,254	9,545	8,939	7,978	6,978
Common Stock	696.02	696.02	701.24	701.24	666.55
Additional Paid-In Capital	3,826	3,755	3,997	4,010	1,835
Retained Earnings	8,907	8,365	7,981	7,335	5,863
Treasury Stock	-149.55	-186.73	-265.3	-165.29	-
Comprehensive Income & Other	59.19	67.04	59.01	60.29	-8.68
Total Common Equity	13,339	12,696	12,473	11,941	8,356
Minority Interest	546.14	429.33	393.35	229.29	174.49
Shareholders' Equity	13,885	13,125	12,867	12,171	8,530
Total Liabilities & Equity	26,139	22,670	21,806	20,148	15,508
Total Debt	4,207	3,323	2,916	2,232	1,318
Net Cash (Debt)	2,719	2,484	7,109	10,697	4,265
Net Cash Growth	9.43%	-65.05%	-33.55%	150.84%	14.39%
Net Cash Per Share	3.94	3.58	10.21	15.74	6.55
Filing Date Shares Outstanding	693.45	696.02	701.24	701.24	666.55
Total Common Shares Outstanding	693.45	696.02	701.24	701.24	666.55
Working Capital	1,556	601.8	4,860	8,051	2,030
Book Value Per Share	19.24	18.24	17.79	17.03	12.54
Tangible Book Value	12,005	11,747	11,760	11,456	7,880
Tangible Book Value Per Share	17.31	16.88	16.77	16.34	11.82
Buildings	3,691	3,264	1,838	1,625	1,376
Machinery	1,400	1,244	936.09	760.45	648.68
Construction In Progress	627.41	807.07	1,674	895.12	352.39

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