SHE:002043 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	1,931	2,262	2,323	2,252	693.16	604.08
Short-Term Investments	-	-	-	-	-	325.7
Trading Asset Securities	101.87	311.98	-	-	-	-
Cash & Short-Term Investments	2,033	2,574	2,323	2,252	693.16	929.77
Cash Growth	36.75%	10.80%	3.17%	224.89%	-25.45%	-25.49%
Accounts Receivable	447.09	428.69	747.65	1,230	1,513	1,560
Other Receivables	64.49	70.21	45.55	69.04	77.28	10.69
Receivables	511.58	498.91	793.2	1,299	1,591	1,571
Inventory	322.48	318.49	336.61	434.59	529.29	648.34
Other Current Assets	76.22	59.01	43.43	51.24	74.69	77.49
Total Current Assets	2,944	3,451	3,497	4,037	2,888	3,226
Property, Plant & Equipment	783.43	780.54	725.21	566.88	642.85	621.74
Long-Term Investments	878.1	838.52	565.16	635.57	674.44	677.95
Goodwill	511.99	511.99	630.67	761.33	762.11	879.89
Other Intangible Assets	79.5	82.12	86.58	94.52	99.82	98.75
Long-Term Deferred Tax Assets	201.3	211.25	208.06	172.3	133.61	78.49
Long-Term Deferred Charges	5.76	6.97	11.89	16.8	18.04	2.37
Other Long-Term Assets	218.3	218.1	195.14	94.42	38.59	26.88
Total Assets	5,622	6,100	5,919	6,379	5,257	5,612
Accounts Payable	1,247	1,762	1,769	1,981	1,327	1,371
Accrued Expenses	33.85	88.2	133.26	154.48	195.04	211.02
Short-Term Debt	12.8	17.55	61	60.15	364.66	809.53
Current Portion of Long-Term Debt	6.08	6.44	-	-	-	0.5
Current Portion of Leases	-	-	8.45	20.61	28.15	25.05
Current Income Taxes Payable	81.33	228.28	199.5	165.05	134.94	149.27
Current Unearned Revenue	262.41	210.88	216.54	223.2	160.56	222.81
Other Current Liabilities	306.23	282.7	311.71	359.13	481.32	409.22
Total Current Liabilities	1,950	2,596	2,700	2,964	2,692	3,199
Long-Term Debt	-	-	9.59	9.52	9.45	69.47
Long-Term Leases	28.22	19.88	20.39	28.4	42.45	56.6
Long-Term Unearned Revenue	17.66	18.71	22.85	19.37	20.67	17.72
Long-Term Deferred Tax Liabilities	69.24	60.51	4.9	11.28	12.65	16.01
Other Long-Term Liabilities	9.84	9.83	0.28	1.38	1.38	11.96
Total Liabilities	2,075	2,705	2,758	3,034	2,779	3,371
Common Stock	829.75	829.75	832.06	839.15	772.84	772.84
Additional Paid-In Capital	598.19	598.19	610.26	653.45	267.37	175.53
Retained Earnings	2,120	1,972	1,753	1,842	1,569	1,487
Treasury Stock	-100	-100	-150.82	-131.19	-263.53	-298.39
Comprehensive Income & Other	0.62	2.31	4.94	3.61	1.9	-6.38
Total Common Equity	3,448	3,302	3,050	3,207	2,348	2,130
Minority Interest	98.86	93.24	111.88	137.62	131.09	111.45
Shareholders' Equity	3,547	3,395	3,162	3,345	2,479	2,242
Total Liabilities & Equity	5,622	6,100	5,919	6,379	5,257	5,612
Total Debt	47.1	43.86	99.43	118.69	444.71	961.15
Net Cash (Debt)	1,986	2,530	2,224	2,133	248.46	-31.38
Net Cash Growth	41.81%	13.78%	4.25%	758.63%	-	-
Net Cash Per Share	2.45	3.10	2.74	2.60	0.33	-0.04
Filing Date Shares Outstanding	822.4	814.68	821.43	877.34	732.24	761.66
Total Common Shares Outstanding	822.4	814.68	821.43	877.34	732.24	761.66
Working Capital	993.63	854.51	797.01	1,073	195.82	27.27
Book Value Per Share	4.19	4.05	3.71	3.66	3.21	2.80
Tangible Book Value	2,857	2,708	2,333	2,351	1,486	1,151
Tangible Book Value Per Share	3.47	3.32	2.84	2.68	2.03	1.51
Buildings	-	-	603.31	416.32	471.38	413.39
Machinery	-	-	443.36	443.79	444.99	424.02
Construction In Progress	-	-	74.06	32.78	10.33	28.96

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