SHE:300388 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	867.72	943.59	805.81	1,157	1,392
Cash & Short-Term Investments	867.72	943.59	805.81	1,157	1,392
Cash Growth	-8.04%	17.10%	-30.34%	-16.88%	-7.75%
Accounts Receivable	5,123	4,635	3,698	3,051	2,559
Other Receivables	320.46	323.35	298.94	448.93	255.38
Receivables	5,443	4,958	3,997	3,500	2,814
Inventory	77.4	68.27	78.32	90.21	192.68
Prepaid Expenses	3.89	6.47	-	-	-
Other Current Assets	276.69	263.4	283.52	309.95	355.99
Total Current Assets	6,669	6,240	5,165	5,057	4,755
Property, Plant & Equipment	386.98	252.05	180.72	186.97	227.87
Long-Term Investments	600.55	588.07	577.57	532.06	503.26
Goodwill	151.32	151.32	151.32	151.32	165.22
Other Intangible Assets	8,701	8,241	8,453	8,874	9,070
Long-Term Deferred Tax Assets	171.67	124.43	102.51	82.64	99.71
Long-Term Deferred Charges	21.69	42.53	43.3	52.65	75.25
Other Long-Term Assets	745.34	818.22	1,084	68.82	112.67
Total Assets	17,448	16,457	15,757	15,006	15,009
Accounts Payable	2,834	2,759	2,565	2,271	2,561
Accrued Expenses	97.48	119.52	109.95	119.67	115.99
Short-Term Debt	1,649	1,290	1,610	1,382	1,809
Current Portion of Long-Term Debt	1,940	1,517	1,641	964.78	499.62
Current Portion of Leases	64.96	7.6	3.1	6.42	6.1
Current Income Taxes Payable	48.49	34.67	32.85	48.59	30.47
Current Unearned Revenue	74.68	41.51	14.06	29.2	62.97
Other Current Liabilities	136.72	102.9	123.69	114.31	95.19
Total Current Liabilities	6,846	5,873	6,101	4,935	5,180
Long-Term Debt	5,258	5,446	4,997	5,633	5,585
Long-Term Leases	160.65	220.57	0.7	14.51	25.58
Long-Term Unearned Revenue	25.38	27.34	29.75	41.56	43.97
Long-Term Deferred Tax Liabilities	0.26	-	0.45	0.5	0.12
Other Long-Term Liabilities	127.11	127.24	151.93	177.89	241.29
Total Liabilities	12,417	11,694	11,281	10,802	11,076
Common Stock	681.04	681.04	699.08	698.96	698.96
Additional Paid-In Capital	1,581	1,579	1,712	1,661	1,691
Retained Earnings	2,441	2,217	1,939	1,670	1,347
Treasury Stock	-	-	-151.01	-151.01	-151.01
Comprehensive Income & Other	5.27	-1.08	-3.14	49.2	46.63
Total Common Equity	4,708	4,477	4,196	3,927	3,632
Minority Interest	323.08	287.1	280.4	276.25	300.36
Shareholders' Equity	5,031	4,764	4,477	4,204	3,933
Total Liabilities & Equity	17,448	16,457	15,757	15,006	15,009
Total Debt	9,073	8,481	8,253	8,000	7,925
Net Cash (Debt)	-8,205	-7,538	-7,447	-6,843	-6,533
Net Cash Per Share	-12.05	-11.07	-10.90	-9.72	-9.40
Filing Date Shares Outstanding	681.04	681.04	681.04	680.92	680.92
Total Common Shares Outstanding	681.04	681.04	681.04	680.92	680.92
Working Capital	-176.75	366.98	-936.05	122.12	-425.6
Book Value Per Share	6.91	6.57	6.16	5.77	5.33
Tangible Book Value	-4,145	-3,916	-4,408	-5,098	-5,603
Tangible Book Value Per Share	-6.09	-5.75	-6.47	-7.49	-8.23
Buildings	251.82	188.4	189.61	190.07	189.84
Machinery	234.48	224.12	220.8	209.29	223.28
Construction In Progress	175.71	91.86	12.69	1.04	0.24
Order Backlog	1,593	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.