SHE:002007 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	Jan '22 Jan 1, 2022
Cash & Equivalents	885.23	774.81	1,367	993.77	1,099	692.54
Short-Term Investments	184.79	1,005	2,144	1,213	240	-
Trading Asset Securities	2,697	2,623	1,888	2,115	2,369	2,659
Cash & Short-Term Investments	3,767	4,403	5,398	4,322	3,708	3,352
Cash Growth	-37.57%	-18.44%	24.90%	16.56%	10.63%	-16.72%
Accounts Receivable	2,114	2,078	2,052	2,590	2,410	2,097
Other Receivables	0.73	6.09	18.66	6.95	4.84	7.05
Receivables	2,114	2,084	2,071	3,297	2,759	2,104
Inventory	2,540	2,289	2,029	1,674	1,447	1,359
Other Current Assets	281.99	83.78	118.46	33.7	163.56	36.67
Total Current Assets	8,703	8,859	9,616	9,327	8,077	6,851
Property, Plant & Equipment	2,973	2,982	2,964	2,727	2,290	2,338
Long-Term Investments	124.96	2,784	3,023	3,273	3,673	1,716
Goodwill	-	-	-	1.1	1.1	1.1
Other Intangible Assets	310.88	314.13	319.04	319.72	310	204.53
Long-Term Deferred Tax Assets	196.66	196.85	235.34	241.72	232.49	201.25
Long-Term Deferred Charges	54.3	55.31	59.69	59.6	42.49	55.42
Other Long-Term Assets	2,696	69.79	92.74	157.3	116.8	170.16
Total Assets	15,059	15,262	16,310	16,106	14,743	11,537
Accounts Payable	218.73	196.26	217.16	197.26	175.49	241.03
Accrued Expenses	0.53	926.54	914.99	1,169	1,071	947.5
Short-Term Debt	-	447	899.73	700.35	800.38	800.7
Current Portion of Long-Term Debt	-	-	-	300	-	10.18
Current Portion of Leases	0.39	0.39	0.37	0.36	0.44	-
Current Income Taxes Payable	35.36	18.14	19.58	63.36	9.7	48.71
Current Unearned Revenue	6.32	10.21	13.46	8.57	14.78	8.28
Other Current Liabilities	1,063	196.78	294.83	142.3	76.53	158.53
Total Current Liabilities	1,324	1,795	2,360	2,581	2,148	2,215
Long-Term Debt	-	-	-	-	300	190
Long-Term Leases	8.48	8.39	8.78	9.15	9.3	-
Long-Term Unearned Revenue	66.18	59.46	54.18	51.18	54.37	57.91
Long-Term Deferred Tax Liabilities	26.35	8.11	40.14	42.82	20.87	10.37
Total Liabilities	1,425	1,871	2,463	2,685	2,533	2,473
Common Stock	1,827	1,827	1,829	1,829	1,824	1,824
Additional Paid-In Capital	1,387	1,397	1,430	1,486	1,415	105.62
Retained Earnings	8,524	8,294	8,633	8,093	7,159	6,448
Treasury Stock	-17.95	-17.95	-32.72	-48.07	-	-40.59
Total Common Equity	11,720	11,501	11,859	11,359	10,398	8,337
Minority Interest	1,913	1,890	1,988	2,062	1,812	727.09
Shareholders' Equity	13,634	13,391	13,847	13,421	12,210	9,064
Total Liabilities & Equity	15,059	15,262	16,310	16,106	14,743	11,537
Total Debt	8.87	455.78	908.88	1,010	1,110	1,001
Net Cash (Debt)	3,758	3,947	4,489	3,312	2,598	2,351
Net Cash Growth	-24.02%	-12.07%	35.54%	27.50%	10.51%	-35.14%
Net Cash Per Share	2.06	2.16	2.46	1.82	1.42	1.28
Filing Date Shares Outstanding	1,827	1,827	1,829	1,829	1,824	1,824
Total Common Shares Outstanding	1,827	1,827	1,829	1,829	1,824	1,824
Working Capital	7,379	7,064	7,256	6,745	5,929	4,636
Book Value Per Share	6.41	6.29	6.48	6.21	5.70	4.57
Tangible Book Value	11,409	11,186	11,540	11,039	10,087	8,131
Tangible Book Value Per Share	6.24	6.12	6.31	6.04	5.53	4.46
Buildings	-	1,808	1,717	1,302	1,206	1,256
Machinery	-	2,714	2,639	2,504	2,383	2,433
Construction In Progress	-	643.37	552.48	661.51	216.39	132.96

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