SHE:002029 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	649.59	684.38	924.45	1,255	1,534	1,582
Short-Term Investments	-	1,283	1,718	2,057	350.3	1,472
Trading Asset Securities	3,108	2,824	1,896	815.42	427.26	292.94
Cash & Short-Term Investments	3,758	4,791	4,538	4,127	2,311	3,347
Cash Growth	48.10%	5.57%	9.95%	78.57%	-30.94%	18.47%
Accounts Receivable	350.32	347.58	406.78	363.06	363.98	372.88
Other Receivables	44.99	72.31	96.84	98.25	88.15	58.69
Receivables	395.31	419.89	503.62	461.31	452.13	431.57
Inventory	633.46	824.35	849.97	884.76	973.42	1,022
Other Current Assets	1,085	254.01	274.72	265.51	1,095	240.01
Total Current Assets	5,871	6,289	6,166	5,739	4,832	5,040
Property, Plant & Equipment	444.13	468.66	553.8	429.8	535.65	424
Long-Term Investments	1,202	2,495	3,118	3,560	4,550	3,698
Other Intangible Assets	260.59	262.89	351.99	354.89	356.27	354.73
Long-Term Deferred Tax Assets	216.41	185.76	199.31	287.37	265.27	226.04
Long-Term Deferred Charges	135.78	152.78	176.87	172.11	179.45	163.26
Other Long-Term Assets	1,652	205.76	239.19	332.78	333.17	484.23
Total Assets	9,782	10,061	10,806	10,876	11,052	10,391
Accounts Payable	691.88	809.3	957.6	1,112	1,281	1,348
Accrued Expenses	70.32	111.41	85.75	93.12	88.93	95.3
Short-Term Debt	1,320	1,581	2,255	2,231	2,409	1,884
Current Portion of Leases	-	100.87	101.08	72.78	80.65	49.73
Current Income Taxes Payable	115.38	31.88	24.57	44.17	52.52	29.85
Current Unearned Revenue	190.94	196.78	224.29	253.39	307.46	345.78
Other Current Liabilities	319.79	259.9	317.15	317.69	424.06	419.98
Total Current Liabilities	2,808	3,091	3,965	4,124	4,644	4,172
Long-Term Debt	-	-	-	60.05	-	-
Long-Term Leases	66.46	81.76	120.4	45.05	62.37	50.73
Long-Term Unearned Revenue	0.14	0.14	0.16	0.18	0.2	0.21
Long-Term Deferred Tax Liabilities	19.22	38.21	16.39	90.78	59.34	40.47
Other Long-Term Liabilities	3.51	3.41	3.44	4.8	4.41	-
Total Liabilities	2,897	3,214	4,106	4,325	4,770	4,264
Common Stock	705.02	705.02	705.02	755.67	755.67	755.67
Additional Paid-In Capital	1,637	1,637	1,639	1,881	1,880	1,874
Retained Earnings	4,605	4,555	4,289	4,090	3,819	3,662
Treasury Stock	-172.92	-172.92	-79.78	-290.86	-290.86	-290.86
Comprehensive Income & Other	18.97	21.06	17.21	-6.7	15.04	6.17
Total Common Equity	6,793	6,745	6,571	6,429	6,179	6,006
Minority Interest	92.33	101.34	128.41	122.8	102.72	120.28
Shareholders' Equity	6,885	6,846	6,700	6,551	6,282	6,127
Total Liabilities & Equity	9,782	10,061	10,806	10,876	11,052	10,391
Total Debt	1,486	1,763	2,476	2,408	2,552	1,985
Net Cash (Debt)	2,272	3,028	2,062	1,719	-241.06	1,362
Net Cash Growth	182.95%	46.86%	19.93%	-	-	-26.22%
Net Cash Per Share	3.31	4.46	2.97	2.42	-0.34	1.89
Filing Date Shares Outstanding	711.77	673.98	685.82	705.02	705.02	705.02
Total Common Shares Outstanding	711.77	673.98	688.98	705.02	705.02	705.02
Working Capital	3,063	3,198	2,201	1,615	188.27	867.47
Book Value Per Share	9.54	10.01	9.54	9.12	8.76	8.52
Tangible Book Value	6,532	6,482	6,219	6,074	5,823	5,652
Tangible Book Value Per Share	9.18	9.62	9.03	8.61	8.26	8.02
Buildings	-	752.96	773.39	640.2	733.59	467.81
Machinery	-	190.58	192.28	195.68	191.23	188

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.