SHE:002876 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	455.85	336.17	344.19	435.05	545.03
Trading Asset Securities	14.02	-	-	361.66	400.97
Cash & Short-Term Investments	469.87	336.17	344.19	796.72	946
Cash Growth	39.77%	-2.33%	-56.80%	-15.78%	20.34%
Accounts Receivable	999.99	837.35	648.37	626.88	781.94
Other Receivables	7.17	8.34	8	4.23	163.61
Receivables	1,007	845.68	656.37	631.1	945.56
Inventory	837.78	777.9	579.45	587.68	496.7
Prepaid Expenses	-	-	1.02	-	-
Other Current Assets	320.12	325.61	245.32	156.09	52.3
Total Current Assets	2,635	2,285	1,826	2,172	2,441
Property, Plant & Equipment	2,877	2,707	2,032	1,444	1,319
Long-Term Investments	340.79	57.51	1.3	-	-
Goodwill	8.12	8.12	8.12	8.12	8.12
Other Intangible Assets	80.36	81.03	85.76	61.62	64.21
Long-Term Deferred Tax Assets	63.63	50.77	34.92	16.35	17.08
Long-Term Deferred Charges	24.49	24.65	24.41	22.38	10.14
Other Long-Term Assets	13.08	41.79	74.57	68.35	9.28
Total Assets	6,042	5,256	4,088	3,793	3,868
Accounts Payable	612.11	554.37	375.91	318.59	353.03
Accrued Expenses	84.7	79.55	49.17	67.99	125.28
Short-Term Debt	1,784	1,366	1,064	768.26	922.27
Current Portion of Long-Term Debt	292.37	79.35	39.6	90.1	50.08
Current Portion of Leases	6.95	17.45	28.72	9.35	8.14
Current Income Taxes Payable	1.69	0.07	0	2.74	7.21
Current Unearned Revenue	24.7	9.15	4.88	13	6.57
Other Current Liabilities	6.91	3.23	2.64	2.32	2.15
Total Current Liabilities	2,814	2,110	1,565	1,272	1,475
Long-Term Debt	394.01	347	85	86.1	126.26
Long-Term Leases	2.27	4.99	20.5	11.32	16.19
Long-Term Unearned Revenue	67.14	65.49	73.89	85.46	94.72
Long-Term Deferred Tax Liabilities	-	-	-	2.65	2.98
Other Long-Term Liabilities	381.34	368.08	-	-	-
Total Liabilities	3,659	2,895	1,744	1,458	1,715
Common Stock	173.88	173.88	173.88	173.88	173.88
Additional Paid-In Capital	1,065	1,064	1,089	1,089	1,135
Retained Earnings	1,156	1,135	1,071	1,063	907.96
Treasury Stock	-11	-11	-	-	-99.24
Total Common Equity	2,384	2,361	2,334	2,326	2,118
Minority Interest	-0.49	-0.21	9.2	9.01	35.71
Shareholders' Equity	2,384	2,361	2,343	2,335	2,153
Total Liabilities & Equity	6,042	5,256	4,088	3,793	3,868
Total Debt	2,480	1,815	1,238	965.14	1,123
Net Cash (Debt)	-2,010	-1,479	-893.61	-168.42	-176.93
Net Cash Per Share	-11.59	-8.47	-5.22	-0.97	-1.02
Filing Date Shares Outstanding	173.51	173.51	173.88	173.88	171.8
Total Common Shares Outstanding	173.51	173.51	173.88	173.88	171.8
Working Capital	-178.86	175.74	261.46	899.25	965.83
Book Value Per Share	13.74	13.61	13.42	13.38	12.33
Tangible Book Value	2,296	2,272	2,240	2,256	2,045
Tangible Book Value Per Share	13.23	13.10	12.88	12.98	11.90
Buildings	1,083	889.09	499.86	493.56	467.98
Machinery	2,143	1,427	1,106	987.3	847.13
Construction In Progress	446.3	984.6	867.26	313.47	252.34

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