SHE:002046 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	1,489	1,666	1,018	723.76	658.15	607.24
Trading Asset Securities	186.73	163.05	140.27	106.94	88.69	120.56
Cash & Short-Term Investments	1,675	1,829	1,158	830.7	746.84	727.8
Cash Growth	-33.59%	57.92%	39.44%	11.23%	2.62%	-12.46%
Accounts Receivable	1,904	1,768	1,387	1,031	1,130	1,058
Other Receivables	78.98	74.92	82.34	70.23	92.56	95.67
Receivables	1,983	1,843	1,469	1,101	1,223	1,154
Inventory	901.81	812.21	582.38	525.27	561.01	530.04
Prepaid Expenses	-	11.43	8.77	10.81	20.05	8.39
Other Current Assets	145.36	108.78	67.77	97.53	278.89	196.98
Total Current Assets	4,705	4,605	3,287	2,566	2,830	2,617
Property, Plant & Equipment	2,573	2,571	2,033	1,798	1,573	1,428
Long-Term Investments	199.05	199.96	212.87	160.7	178.35	191.2
Goodwill	11.33	11.33	16.46	16.46	16.46	16.46
Other Intangible Assets	178.61	180.74	217.97	221.56	377.2	401.08
Long-Term Deferred Tax Assets	147.75	137.93	106.29	80.12	70.33	58.73
Long-Term Deferred Charges	54.03	57.62	46.13	46.57	49.55	42.88
Other Long-Term Assets	273.25	252.33	273.33	277.27	157.28	170.35
Total Assets	8,143	8,016	6,192	5,166	5,252	4,926
Accounts Payable	886.4	789.42	728.44	652.85	654.56	529.49
Accrued Expenses	17.6	52.42	73.01	51.24	65.83	78.24
Short-Term Debt	536.96	239.97	165.25	288.68	232.82	345.36
Current Portion of Long-Term Debt	50.67	159.77	111.9	2.66	450.59	0.55
Current Portion of Leases	-	16.38	7.72	10.41	7.96	6.16
Current Income Taxes Payable	30.2	11.3	33.19	14.61	7.84	15.03
Current Unearned Revenue	91.33	77.03	44.66	51.97	165.79	169.5
Other Current Liabilities	70.64	235.69	597.63	92.86	146.03	72.24
Total Current Liabilities	1,684	1,582	1,762	1,165	1,731	1,217
Long-Term Debt	617.52	592.33	436.44	437.67	100	450
Long-Term Leases	14.05	14.27	9.49	23.59	30.89	29.15
Long-Term Unearned Revenue	127.12	134.3	142.16	91.38	122.81	139.44
Pension & Post-Retirement Benefits	-	1.41	1.98	2.47	2.8	3.18
Long-Term Deferred Tax Liabilities	51.01	45.09	45.44	34.68	34.54	22.03
Other Long-Term Liabilities	1.33	-	39.97	36.36	36.53	50.32
Total Liabilities	2,495	2,369	2,437	1,791	2,059	1,911
Common Stock	536.19	536.27	528.96	529.13	529.13	524.35
Additional Paid-In Capital	2,342	2,342	1,610	1,608	1,602	1,545
Retained Earnings	1,422	1,431	1,283	1,109	944.17	762.57
Treasury Stock	-10.93	-11.54	-25.2	-39.97	-40.82	-
Comprehensive Income & Other	72.73	72.25	81.36	64.54	61.07	52.74
Total Common Equity	4,362	4,370	3,478	3,271	3,096	2,885
Minority Interest	1,286	1,276	276.89	104.01	97.41	130.29
Shareholders' Equity	5,648	5,646	3,755	3,375	3,193	3,015
Total Liabilities & Equity	8,143	8,016	6,192	5,166	5,252	4,926
Total Debt	1,219	1,023	730.8	763.01	822.26	831.23
Net Cash (Debt)	456.21	806.52	427.53	67.68	-75.43	-103.43
Net Cash Growth	-70.89%	88.65%	531.65%	-	-	-
Net Cash Per Share	0.85	1.51	0.81	0.13	-0.14	-0.20
Filing Date Shares Outstanding	534.16	536.27	536.27	529.13	529.13	524.35
Total Common Shares Outstanding	534.16	536.27	528.96	529.13	529.13	524.35
Working Capital	3,021	3,023	1,525	1,400	1,098	1,400
Book Value Per Share	8.17	8.15	6.58	6.18	5.85	5.50
Tangible Book Value	4,172	4,178	3,244	3,033	2,702	2,467
Tangible Book Value Per Share	7.81	7.79	6.13	5.73	5.11	4.71
Buildings	-	983.83	732.68	805.08	714.25	693.82
Machinery	-	2,116	1,750	1,468	1,371	1,184
Construction In Progress	-	691.85	629.66	436.58	293.22	259.04

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