SHE:002967 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	1,106	1,025	1,460	1,266	1,564
Short-Term Investments	-	160	-	-	-
Trading Asset Securities	-	30	-	38.51	6.46
Cash & Short-Term Investments	1,106	1,215	1,460	1,304	1,571
Cash Growth	-8.96%	-16.77%	11.92%	-16.95%	386.41%
Accounts Receivable	2,098	1,873	1,641	1,485	1,240
Other Receivables	43.93	60.22	60.51	46.05	53.31
Receivables	2,141	1,934	1,702	1,531	1,293
Inventory	68.22	30.94	39.83	23.16	14.79
Prepaid Expenses	0.11	0.05	-	-	-
Other Current Assets	76.21	85.2	100.37	67.25	85.15
Total Current Assets	3,392	3,265	3,302	2,925	2,963
Property, Plant & Equipment	2,371	2,399	2,073	1,861	1,583
Long-Term Investments	55.49	69.36	77.82	80.76	100.43
Goodwill	210.03	166.53	199.13	249.8	213.07
Other Intangible Assets	152.34	148.47	155.2	156.52	154.38
Long-Term Deferred Tax Assets	87.81	112.9	98.95	84.46	61.67
Long-Term Deferred Charges	93.03	57.09	55.75	64.99	83.3
Other Long-Term Assets	382.56	336.37	109.8	131.24	120.82
Total Assets	6,745	6,555	6,071	5,554	5,280
Accounts Payable	609.27	511.17	401.17	415.03	374.62
Accrued Expenses	246.78	188.74	133.62	138.17	123.85
Short-Term Debt	569.36	961.33	754.02	534.97	492.12
Current Portion of Long-Term Debt	74.03	71.21	22.53	22.58	7
Current Portion of Leases	72.74	83.77	95	149.95	193.13
Current Income Taxes Payable	12.33	18.37	4.64	7.81	19.14
Current Unearned Revenue	154.34	152.26	172.6	106.63	107.92
Other Current Liabilities	233.54	312.26	88.68	117.41	86.46
Total Current Liabilities	1,972	2,299	1,672	1,493	1,404
Long-Term Debt	802.9	579.21	439.98	180.57	87.93
Long-Term Leases	115.21	114.13	158.34	201.53	230.03
Long-Term Unearned Revenue	104.99	106.61	103.56	86.06	67.44
Long-Term Deferred Tax Liabilities	14.58	37.94	24.13	22.54	20.27
Other Long-Term Liabilities	-	-	-	5.92	-
Total Liabilities	3,010	3,137	2,398	1,989	1,810
Common Stock	583.14	583.25	575.23	575.23	575.23
Additional Paid-In Capital	2,069	2,051	1,982	1,982	1,982
Retained Earnings	1,425	1,168	1,043	929.53	831.86
Treasury Stock	-454.5	-457.81	-	-	-
Comprehensive Income & Other	-11.38	-8.53	-3.94	4.54	21.03
Total Common Equity	3,611	3,336	3,596	3,491	3,410
Minority Interest	123.76	81.76	76.94	73.94	60.34
Shareholders' Equity	3,734	3,418	3,673	3,565	3,470
Total Liabilities & Equity	6,745	6,555	6,071	5,554	5,280
Total Debt	1,634	1,810	1,470	1,090	1,010
Net Cash (Debt)	-528.06	-594.69	-10.13	214.73	560.38
Net Cash Growth	-	-	-	-61.68%	-
Net Cash Per Share	-0.95	-1.03	-0.02	0.37	1.02
Filing Date Shares Outstanding	614.42	560.39	575.23	575.23	575.23
Total Common Shares Outstanding	560.28	560.39	575.23	575.23	575.23
Working Capital	1,420	965.77	1,629	1,433	1,559
Book Value Per Share	6.44	5.95	6.25	6.07	5.93
Tangible Book Value	3,248	3,021	3,241	3,085	3,042
Tangible Book Value Per Share	5.80	5.39	5.63	5.36	5.29
Buildings	1,026	1,015	174.74	174.14	166.56
Machinery	3,083	2,815	2,521	2,279	1,920
Construction In Progress	3.49	-	476.75	179.77	23.39

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