SHE:300037 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	Dec '21 Dec 31, 2021
Cash & Equivalents	-	2,745	3,846	3,218	1,458
Trading Asset Securities	-	682.74	991.14	896.22	419.04
Cash & Short-Term Investments	2,160	3,427	4,838	4,114	1,877
Cash Growth	-36.97%	-29.15%	17.58%	119.22%	-11.93%
Accounts Receivable	-	3,504	3,469	4,533	4,057
Other Receivables	-	180.6	184.89	85.81	38.47
Receivables	-	3,685	3,654	4,619	4,096
Inventory	-	997.03	907.52	905.14	810.04
Other Current Assets	-	138.18	115.05	124.27	225.26
Total Current Assets	-	8,247	9,514	9,763	7,008
Property, Plant & Equipment	-	5,215	4,642	3,079	1,936
Long-Term Investments	-	572	564.67	722.75	1,090
Goodwill	-	419.38	419.38	419.38	410.76
Other Intangible Assets	-	822.89	776.41	693.12	382.51
Long-Term Deferred Tax Assets	-	137.77	123.51	93.09	60.65
Long-Term Deferred Charges	-	137.21	106.23	96.06	81.29
Other Long-Term Assets	-	2,072	1,478	528.51	197.76
Total Assets	-	17,623	17,624	15,395	11,166
Accounts Payable	-	2,922	3,549	2,726	2,276
Accrued Expenses	-	356.17	447.6	428.54	355.42
Short-Term Debt	-	754.09	473.13	112.98	24.81
Current Portion of Long-Term Debt	-	197.25	301.1	303.87	200.01
Current Portion of Leases	-	9.43	9.02	9.45	4.48
Current Income Taxes Payable	-	40.99	60.46	25.47	68.23
Current Unearned Revenue	-	19.83	16.41	83.15	334.55
Other Current Liabilities	-	331.21	491.99	307.12	211.41
Total Current Liabilities	-	4,630	5,349	3,997	3,475
Long-Term Debt	-	2,391	2,270	2,346	420.57
Long-Term Leases	-	10.94	15.16	21.52	10.42
Long-Term Unearned Revenue	-	250.19	220.48	116.61	97.09
Pension & Post-Retirement Benefits	-	39.49	45.61	78.36	46.2
Long-Term Deferred Tax Liabilities	-	78.29	71.6	90.3	122.49
Other Long-Term Liabilities	-	-	20.66	-	-
Total Liabilities	-	7,401	7,992	6,650	4,172
Common Stock	-	753.88	749.62	745.69	412.47
Additional Paid-In Capital	-	2,852	2,702	2,450	2,566
Retained Earnings	-	5,860	5,368	4,719	3,225
Treasury Stock	-	-200.35	-100.3	-85.8	-
Comprehensive Income & Other	-	485.46	455.14	534.24	566.98
Total Common Equity	10,297	9,751	9,174	8,364	6,770
Minority Interest	-	471.52	457.84	381.97	224.71
Shareholders' Equity	10,777	10,223	9,632	8,746	6,994
Total Liabilities & Equity	-	17,623	17,624	15,395	11,166
Total Debt	2,822	3,363	3,068	2,794	660.29
Net Cash (Debt)	-662.25	64.49	1,770	1,321	1,217
Net Cash Growth	-	-96.36%	33.99%	8.56%	-14.31%
Net Cash Per Share	-0.88	0.08	2.26	1.75	1.64
Filing Date Shares Outstanding	764.22	753.88	753.88	745.69	742.45
Total Common Shares Outstanding	746.92	753.88	749.62	745.69	742.45
Working Capital	-	3,617	4,165	5,766	3,533
Book Value Per Share	13.79	12.93	12.24	11.22	9.12
Tangible Book Value	9,073	8,509	7,979	7,251	5,976
Tangible Book Value Per Share	12.15	11.29	10.64	9.72	8.05
Land	-	22.45	12.77	-	-
Buildings	-	2,058	1,677	940.59	721.44
Machinery	-	3,389	2,779	1,618	1,310
Construction In Progress	-	1,191	1,241	1,343	553.82

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