SHE:300428 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	-	2,720	2,887	2,311	2,053
Short-Term Investments	-	472.12	103.77	152.8	-
Trading Asset Securities	-	1.27	23.87	600.9	202.91
Cash & Short-Term Investments	2,582	3,193	3,015	3,064	2,256
Cash Growth	-19.15%	5.92%	-1.61%	35.84%	3.67%
Accounts Receivable	-	6,754	5,350	4,609	4,286
Other Receivables	-	72.49	130.52	225.17	226.15
Receivables	-	6,826	5,480	4,834	4,512
Inventory	-	4,608	3,747	3,468	3,222
Prepaid Expenses	-	0.22	0.01	0.11	0.13
Other Current Assets	-	811.54	630.27	433.31	445.49
Total Current Assets	-	15,439	12,873	11,800	10,435
Property, Plant & Equipment	-	5,013	4,855	4,003	3,055
Long-Term Investments	-	84.66	81.24	109.71	90.94
Goodwill	-	30.12	30	27.86	28.56
Other Intangible Assets	-	704.36	705.66	612.21	576.3
Long-Term Deferred Tax Assets	-	65.97	97.6	130.48	81.95
Long-Term Deferred Charges	-	18.33	7.87	8.92	6.6
Other Long-Term Assets	-	69.81	70.56	253.2	110.99
Total Assets	-	21,426	18,720	16,945	14,386
Accounts Payable	-	2,134	1,919	1,533	1,657
Accrued Expenses	-	191.24	213.7	184.82	217.66
Short-Term Debt	-	7,542	5,262	5,671	4,702
Current Portion of Long-Term Debt	-	670.35	786.04	902.37	303.89
Current Portion of Leases	-	12.62	11.89	10.4	9.65
Current Income Taxes Payable	-	24.49	33.08	36.35	26.42
Current Unearned Revenue	-	58.46	74.74	47.48	50.05
Other Current Liabilities	-	255.69	242.77	270.99	708.38
Total Current Liabilities	-	10,889	8,543	8,657	7,675
Long-Term Debt	-	2,868	3,062	2,066	1,182
Long-Term Leases	-	41.18	49.86	41.03	50.46
Long-Term Unearned Revenue	-	157.01	184.64	209.92	166.15
Long-Term Deferred Tax Liabilities	-	2	1.18	23.46	8.11
Other Long-Term Liabilities	-	4.11	4.27	4.41	19.96
Total Liabilities	-	13,961	11,845	11,002	9,101
Common Stock	-	633.35	626.02	616.96	616.96
Additional Paid-In Capital	-	1,797	1,684	1,484	1,343
Retained Earnings	-	4,710	4,078	3,522	3,076
Treasury Stock	-	-50	-32	-	-
Comprehensive Income & Other	-	160.39	301.99	106.53	31.95
Total Common Equity	7,892	7,251	6,658	5,730	5,068
Minority Interest	-	214.36	216.77	213.26	216.82
Shareholders' Equity	8,117	7,465	6,875	5,943	5,284
Total Liabilities & Equity	-	21,426	18,720	16,945	14,386
Total Debt	11,782	11,134	9,172	8,691	6,247
Net Cash (Debt)	-9,200	-7,941	-6,157	-5,627	-3,991
Net Cash Per Share	-14.38	-12.24	-9.76	-9.03	-6.65
Filing Date Shares Outstanding	644.19	630.66	623.33	616.96	616.96
Total Common Shares Outstanding	636.81	630.66	624.59	616.96	616.96
Working Capital	-	4,551	4,330	3,143	2,760
Book Value Per Share	12.39	11.50	10.66	9.29	8.21
Tangible Book Value	7,099	6,516	5,923	5,090	4,463
Tangible Book Value Per Share	11.15	10.33	9.48	8.25	7.23
Buildings	-	2,189	2,029	1,527	1,127
Machinery	-	5,233	4,353	4,020	3,155
Construction In Progress	-	745.75	1,140	740.54	749.16

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