SHE:300222 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	587.79	595.93	675.02	820.7	803.89
Trading Asset Securities	207.77	332.43	210.54	347.09	663.17
Cash & Short-Term Investments	795.56	928.37	885.55	1,168	1,467
Cash Growth	-14.31%	4.83%	-24.17%	-20.40%	142.71%
Accounts Receivable	1,727	1,699	1,964	1,983	1,914
Other Receivables	43.75	75.01	105.24	102.24	115.44
Receivables	1,771	1,774	2,069	2,086	2,030
Inventory	845.88	989.02	1,222	1,228	1,478
Other Current Assets	86.84	76.71	105.83	163.79	242.28
Total Current Assets	3,500	3,768	4,282	4,645	5,217
Property, Plant & Equipment	340.03	334.69	379.72	376.34	377.22
Long-Term Investments	371.4	382.65	350.68	266.45	311.99
Goodwill	8.47	8.47	8.47	56.53	108.53
Other Intangible Assets	79.19	81.96	90.58	105.29	120.05
Long-Term Accounts Receivable	37.63	30.53	30.68	27.58	12.59
Long-Term Deferred Tax Assets	62.24	55.67	53.87	58.6	63.96
Long-Term Deferred Charges	12.31	9.35	15.29	9.28	10.69
Other Long-Term Assets	212.3	216.52	231.27	240.48	248.64
Total Assets	4,623	4,888	5,443	5,786	6,470
Accounts Payable	1,703	1,737	1,884	2,020	2,073
Accrued Expenses	144.23	124.19	140.41	149.61	114.74
Short-Term Debt	76.72	270.69	391.28	484.96	497.26
Current Portion of Long-Term Debt	-	20.14	15.19	10.27	10.28
Current Portion of Leases	12.19	6.78	14.23	12.11	9.21
Current Income Taxes Payable	6.06	15.37	13.23	9.46	13.64
Current Unearned Revenue	505.31	541.84	699.45	666.94	928.63
Other Current Liabilities	142.47	132.72	187.17	52.84	136.06
Total Current Liabilities	2,590	2,848	3,345	3,406	3,782
Long-Term Debt	-	94	160	175	185
Long-Term Leases	17.63	0.95	13.81	13.47	12.18
Long-Term Unearned Revenue	206.63	216.12	225.55	234.73	247
Long-Term Deferred Tax Liabilities	0.24	0.24	0.41	0.48	0.84
Other Long-Term Liabilities	-	19.25	31.55	30.51	29.22
Total Liabilities	2,814	3,179	3,776	3,861	4,257
Common Stock	778.28	780.24	780.24	780.24	780.24
Additional Paid-In Capital	649.34	3,229	3,277	3,293	3,290
Retained Earnings	309.76	-2,331	-2,401	-2,273	-1,981
Treasury Stock	-	-24	-	-	-
Comprehensive Income & Other	-5.82	-7.06	-7.07	-4.54	-1.46
Total Common Equity	1,732	1,648	1,650	1,796	2,088
Minority Interest	77.52	60.98	16.63	129.26	125.86
Shareholders' Equity	1,809	1,709	1,666	1,925	2,214
Total Liabilities & Equity	4,623	4,888	5,443	5,786	6,470
Total Debt	106.54	392.57	594.52	695.81	713.93
Net Cash (Debt)	689.02	535.8	291.04	471.98	753.13
Net Cash Growth	28.60%	84.10%	-38.34%	-37.33%	-
Net Cash Per Share	0.85	0.69	0.36	0.60	0.98
Filing Date Shares Outstanding	778.28	778.28	780.24	780.24	780.24
Total Common Shares Outstanding	778.28	780.24	780.24	780.24	780.24
Working Capital	910	919.58	937.15	1,239	1,434
Book Value Per Share	2.22	2.11	2.11	2.30	2.68
Tangible Book Value	1,644	1,557	1,551	1,634	1,859
Tangible Book Value Per Share	2.11	2.00	1.99	2.09	2.38
Buildings	316.43	311.57	314.93	314.15	314.15
Machinery	205.26	200.45	224.15	209.26	191.52
Construction In Progress	1.14	5.56	0.52	1.98	3.6

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