SHE:300073 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	6,498	6,420	5,689	5,216	4,318
Trading Asset Securities	1,537	1,133	1,154	2,000	2,986
Cash & Short-Term Investments	8,035	7,553	6,843	7,216	7,304
Cash Growth	6.38%	10.37%	-5.17%	-1.20%	199.61%
Accounts Receivable	3,606	2,876	4,799	6,850	3,000
Other Receivables	14.92	27.29	52.56	20.95	18.14
Receivables	3,621	2,903	4,851	6,871	3,018
Inventory	2,906	1,060	693.01	2,865	1,439
Other Current Assets	846.53	356.14	178.57	1,159	604.93
Total Current Assets	15,409	11,872	12,566	18,112	12,367
Property, Plant & Equipment	6,061	4,714	4,261	2,878	1,616
Long-Term Investments	4.2	10	10	10	12
Goodwill	22.94	22.94	22.94	22.94	22.94
Other Intangible Assets	303.42	295.26	285.74	191.46	161.49
Long-Term Deferred Tax Assets	72.53	131.13	109.16	113.28	64.35
Long-Term Deferred Charges	2.84	5.81	6.9	2.7	2.16
Other Long-Term Assets	529.88	70.77	148.77	225.43	241.04
Total Assets	22,406	17,122	17,410	21,555	14,487
Accounts Payable	5,644	2,416	3,150	9,018	4,351
Accrued Expenses	167.56	162.84	271	385.65	183.95
Short-Term Debt	-	84.88	-	8.9	-
Current Portion of Long-Term Debt	-	-	30.03	29.85	-
Current Portion of Leases	39.42	38.61	20.68	4.13	6.23
Current Income Taxes Payable	14.68	3.21	42.32	77.33	52.18
Current Unearned Revenue	136.36	49.53	108.84	181.87	135.39
Other Current Liabilities	33.31	18.86	20.66	45.97	20.44
Total Current Liabilities	6,035	2,774	3,643	9,752	4,749
Long-Term Debt	295.95	-	-	30.29	60.15
Long-Term Leases	454.82	482.5	277.89	5.26	3.84
Long-Term Unearned Revenue	192.01	128.38	145.81	159.63	175.84
Long-Term Deferred Tax Liabilities	-	44.22	51.26	64.88	20.37
Other Long-Term Liabilities	-	-	16.72	53.51	29.26
Total Liabilities	6,978	3,429	4,135	10,065	5,039
Common Stock	544.29	506.5	506.5	506.5	506.5
Additional Paid-In Capital	8,121	7,163	7,163	7,163	7,163
Retained Earnings	6,029	5,498	5,407	3,821	1,779
Comprehensive Income & Other	-0.93	-0.21	0.07	0.05	-0.08
Total Common Equity	14,693	13,167	13,076	11,490	9,448
Minority Interest	734.34	526.52	198.68	-	-
Shareholders' Equity	15,428	13,693	13,275	11,490	9,448
Total Liabilities & Equity	22,406	17,122	17,410	21,555	14,487
Total Debt	790.19	605.99	328.6	78.43	70.23
Net Cash (Debt)	7,245	6,947	6,514	7,138	7,234
Net Cash Growth	4.29%	6.64%	-8.73%	-1.33%	204.24%
Net Cash Per Share	13.87	13.72	12.86	14.09	15.79
Filing Date Shares Outstanding	544.29	506.5	506.5	506.5	506.5
Total Common Shares Outstanding	544.29	506.5	506.5	506.5	506.5
Working Capital	9,373	9,098	8,922	8,360	7,617
Book Value Per Share	26.99	26.00	25.82	22.69	18.65
Tangible Book Value	14,367	12,848	12,767	11,276	9,264
Tangible Book Value Per Share	26.40	25.37	25.21	22.26	18.29
Buildings	1,864	1,555	1,284	816.1	550.89
Machinery	3,880	3,461	3,070	1,989	1,343
Construction In Progress	1,228	201.95	412.23	634.14	152.02

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