SHE:000551 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	1,626	1,497	1,246	1,162	1,293	979.82
Short-Term Investments	-	154.87	-	-	-	-
Cash & Short-Term Investments	1,633	1,652	1,246	1,162	1,293	979.82
Cash Growth	28.25%	32.60%	7.16%	-10.10%	31.95%	-1.34%
Accounts Receivable	1,151	1,163	1,133	1,030	940.55	905.35
Other Receivables	25.51	66.41	81.57	69.92	57.85	87.56
Receivables	1,176	1,229	1,215	1,100	998.4	992.9
Inventory	1,228	1,254	1,419	1,434	1,439	1,239
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	323.92	129.08	154.09	330.49	453.46	379.42
Total Current Assets	4,361	4,264	4,034	4,027	4,184	3,591
Property, Plant & Equipment	1,008	1,025	927.33	943.93	955.94	986.58
Long-Term Investments	702.15	726.17	820.94	760.02	700.46	436.64
Goodwill	24.28	24.28	30.67	50.78	70.96	46.68
Other Intangible Assets	158.03	160.19	165.72	170.94	178.35	162.72
Long-Term Accounts Receivable	-	17.74	6.98	16.31	19.64	25.34
Long-Term Deferred Tax Assets	106.6	104.72	102.67	84.38	76.23	71.91
Long-Term Deferred Charges	2.51	2.75	3.17	3.05	3.81	3.94
Other Long-Term Assets	160.98	100.74	121.79	108.35	115.34	128.33
Total Assets	6,523	6,425	6,213	6,165	6,305	5,453
Accounts Payable	1,231	1,296	1,221	1,213	1,364	1,327
Accrued Expenses	30.35	91.78	74.18	87.98	143.39	62.97
Short-Term Debt	205.63	224.04	311.07	579.03	541.51	611.33
Current Portion of Long-Term Debt	43.7	35.02	10.03	10.07	0.14	-
Current Portion of Leases	-	9.03	8.22	7.61	7.13	5.98
Current Income Taxes Payable	53.06	23.6	19.62	12.38	6.31	6.52
Current Unearned Revenue	331.24	270.49	425.61	619.97	660.96	440.89
Other Current Liabilities	281.81	308.76	304.06	93.96	67.56	86.5
Total Current Liabilities	2,177	2,259	2,374	2,624	2,791	2,541
Long-Term Debt	-	-	35	85	120	-
Long-Term Leases	0.77	1.49	9.81	17.66	6.62	13.06
Long-Term Unearned Revenue	57.25	59.5	51.07	52.76	52.64	52.86
Long-Term Deferred Tax Liabilities	90.36	79.64	76.49	55.82	92.93	49.17
Total Liabilities	2,325	2,399	2,546	2,835	3,063	2,656
Common Stock	484.73	484.73	403.94	403.98	403.98	400.08
Additional Paid-In Capital	320.7	322.87	400.68	398.12	390.33	379.87
Retained Earnings	1,965	1,841	1,585	1,362	1,235	1,071
Treasury Stock	-	-6.47	-13.2	-20.65	-20.65	-
Comprehensive Income & Other	274.56	262.89	244.31	194.73	289.12	144.92
Total Common Equity	3,045	2,905	2,620	2,338	2,297	1,995
Minority Interest	1,153	1,121	1,047	991.83	944	801.05
Shareholders' Equity	4,198	4,026	3,667	3,330	3,241	2,796
Total Liabilities & Equity	6,523	6,425	6,213	6,165	6,305	5,453
Total Debt	250.1	269.58	374.13	699.37	675.4	630.36
Net Cash (Debt)	1,383	1,382	871.41	462.91	617.48	349.46
Net Cash Growth	51.64%	58.60%	88.24%	-25.03%	76.70%	-16.02%
Net Cash Per Share	2.85	2.86	1.81	0.95	1.28	0.73
Filing Date Shares Outstanding	484.73	483.01	481.61	480.1	480.1	480.1
Total Common Shares Outstanding	484.73	483.01	481.61	480.1	480.1	480.1
Working Capital	2,184	2,005	1,660	1,403	1,393	1,049
Book Value Per Share	6.28	6.01	5.44	4.87	4.79	4.16
Tangible Book Value	2,863	2,720	2,424	2,116	2,048	1,786
Tangible Book Value Per Share	5.91	5.63	5.03	4.41	4.27	3.72
Buildings	-	934.14	870.3	867.93	861.04	858.2
Machinery	-	1,229	1,104	1,151	1,110	1,042
Construction In Progress	-	21.83	34.7	8.37	3.99	16.15

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