SHE:300285 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	738.97	652.14	718.82	566.16	1,907
Trading Asset Securities	-	-	25.62	-	102.02
Cash & Short-Term Investments	738.97	652.14	744.44	566.16	2,009
Cash Growth	13.31%	-12.40%	31.49%	-71.82%	52.24%
Accounts Receivable	2,315	2,141	2,049	1,668	1,498
Other Receivables	66.89	68.4	48.24	79.73	88.64
Receivables	2,382	2,209	2,097	1,748	1,586
Inventory	776.44	857.92	789.47	890.76	705.57
Other Current Assets	70.87	31.39	36.73	44.94	63.66
Total Current Assets	3,968	3,750	3,667	3,249	4,365
Property, Plant & Equipment	3,045	2,914	2,644	2,079	1,552
Long-Term Investments	194.14	194.61	189.31	125.62	79.88
Goodwill	1,836	1,844	1,851	1,524	1,530
Other Intangible Assets	272.16	282.28	273.39	168.87	174.17
Long-Term Accounts Receivable	-	1.49	3.26	5.36	-
Long-Term Deferred Tax Assets	62.77	47.84	35.64	48.32	43.96
Long-Term Deferred Charges	36.86	24.05	8.15	8.18	7.38
Other Long-Term Assets	88.56	64.23	107.86	292.38	126.78
Total Assets	9,504	9,123	8,780	7,502	7,879
Accounts Payable	594.91	768.76	774.67	558.63	598.29
Accrued Expenses	162.89	142.47	94.41	65.42	77.48
Short-Term Debt	274.19	95.54	282.91	1.71	-
Current Portion of Long-Term Debt	38.41	19.34	49.37	-	-
Current Portion of Leases	13.06	12.54	10.35	17.54	31.42
Current Income Taxes Payable	20.28	22.05	21.7	15.82	48.97
Current Unearned Revenue	55.94	18.79	17.53	17.06	13.76
Other Current Liabilities	272.59	287.71	189.75	137.88	127.25
Total Current Liabilities	1,432	1,367	1,441	814.07	897.16
Long-Term Debt	160.21	342.74	394.54	-	-
Long-Term Leases	43.79	49.68	33.61	39.36	32.13
Long-Term Unearned Revenue	159.5	144.82	112.37	109.64	121.61
Long-Term Deferred Tax Liabilities	1.41	7.86	5.07	2.77	-
Other Long-Term Liabilities	-	-	7.04	231.16	691.66
Total Liabilities	1,797	1,912	1,993	1,197	1,743
Common Stock	997.05	997.05	1,004	1,004	1,004
Additional Paid-In Capital	1,672	1,643	1,876	1,909	1,909
Retained Earnings	4,563	4,151	3,645	3,176	2,789
Treasury Stock	-100.09	-100.09	-249.98	-249.98	-
Comprehensive Income & Other	20.74	23.85	37.63	43.42	41.36
Total Common Equity	7,152	6,714	6,313	5,882	5,743
Minority Interest	554.33	496.34	473.15	422.92	393.1
Shareholders' Equity	7,706	7,210	6,786	6,305	6,136
Total Liabilities & Equity	9,504	9,123	8,780	7,502	7,879
Total Debt	529.66	519.84	770.77	58.61	63.55
Net Cash (Debt)	209.31	132.3	-26.33	507.55	1,946
Net Cash Growth	58.21%	-	-	-73.92%	47.42%
Net Cash Per Share	0.21	0.13	-0.03	0.51	1.93
Filing Date Shares Outstanding	991.29	991.29	997.05	997.05	1,004
Total Common Shares Outstanding	991.29	991.29	997.05	997.05	1,004
Working Capital	2,536	2,383	2,227	2,435	3,468
Book Value Per Share	7.21	6.77	6.33	5.90	5.72
Tangible Book Value	5,044	4,588	4,189	4,189	4,039
Tangible Book Value Per Share	5.09	4.63	4.20	4.20	4.02
Buildings	1,131	1,115	958.17	701.96	648.18
Machinery	2,963	2,729	2,383	1,752	1,242
Construction In Progress	365.64	216.21	240.45	333.63	228.19

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