SHE:002049 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,774	2,201	2,461	3,098	4,092	3,163
Short-Term Investments	-	1,399	700.9	915.69	-	-
Trading Asset Securities	978.12	1,084	785.21	1,042	-	-
Cash & Short-Term Investments	2,752	4,684	3,947	5,055	4,092	3,163
Cash Growth	-19.80%	18.66%	-21.91%	23.53%	29.40%	112.88%
Accounts Receivable	6,606	6,168	5,560	6,177	5,433	4,057
Other Receivables	21.19	21.49	32.14	83.92	35.91	7
Receivables	6,627	6,189	5,592	6,261	5,469	4,064
Inventory	2,241	2,275	1,974	2,513	2,213	1,223
Other Current Assets	1,608	291.24	147.44	258.89	479.9	381.32
Total Current Assets	13,229	13,439	11,660	14,088	12,254	8,831
Property, Plant & Equipment	805.34	830.3	690.53	629.97	448.38	355.74
Long-Term Investments	708.47	2,535	2,900	1,250	1,027	421.42
Goodwill	685.68	685.68	685.68	685.68	685.68	685.68
Other Intangible Assets	680.45	694.64	741.18	810.72	376.84	355.39
Long-Term Deferred Tax Assets	45.04	41.37	41.06	56.39	19.62	39.76
Long-Term Deferred Charges	271.29	257.59	175.69	119.75	37.65	432.71
Other Long-Term Assets	2,616	462.63	424.92	424.37	478.84	471.04
Total Assets	19,042	18,947	17,320	18,066	15,329	11,592
Accounts Payable	1,536	1,700	1,354	1,436	1,354	1,223
Accrued Expenses	489.73	645.77	680.9	945.23	783.04	618.69
Short-Term Debt	13	8.74	-	37.93	-	50
Current Portion of Long-Term Debt	-	170	20	295	64.19	86.03
Current Portion of Leases	-	20.72	26.72	25.4	6.26	20.48
Current Income Taxes Payable	-	-	8.15	48.14	51.93	55.03
Current Unearned Revenue	194.88	202.84	289.01	775.28	808.62	470.74
Other Current Liabilities	385.06	202.19	209.58	369.32	409.04	115.32
Total Current Liabilities	2,618	2,950	2,588	3,932	3,477	2,639
Long-Term Debt	1,528	1,542	1,607	1,512	1,761	1,369
Long-Term Leases	42.03	39.03	14.41	30.8	11.7	27.97
Long-Term Unearned Revenue	537.41	548.76	597.4	654.56	54.09	185.65
Long-Term Deferred Tax Liabilities	123.18	111.35	97.49	89.83	73.99	77.79
Other Long-Term Liabilities	0.8	0.8	20.8	115.8	175.8	0.8
Total Liabilities	4,850	5,192	4,925	6,335	5,554	4,300
Common Stock	849.63	849.62	849.62	849.62	849.61	606.84
Additional Paid-In Capital	1,117	1,085	796.17	668.2	648.41	886.92
Retained Earnings	12,746	12,412	11,152	10,546	8,016	5,581
Treasury Stock	-800.02	-800.02	-600.01	-600.01	-	-
Comprehensive Income & Other	187.24	191.24	197.01	193.26	189.15	168.49
Total Common Equity	14,100	13,737	12,394	11,657	9,703	7,243
Minority Interest	91.61	17.54	-	73.8	72.08	48.39
Shareholders' Equity	14,192	13,755	12,394	11,731	9,775	7,292
Total Liabilities & Equity	19,042	18,947	17,320	18,066	15,329	11,592
Total Debt	1,583	1,781	1,668	1,901	1,843	1,553
Net Cash (Debt)	1,169	2,903	2,279	3,154	2,249	1,609
Net Cash Growth	-34.91%	27.37%	-27.74%	40.22%	39.79%	140.06%
Net Cash Per Share	1.39	3.45	2.70	3.72	2.64	1.89
Filing Date Shares Outstanding	840.16	840.14	843.23	843.22	849.61	849.6
Total Common Shares Outstanding	840.16	840.14	843.23	843.22	849.61	849.57
Working Capital	10,611	10,489	9,072	10,156	8,777	6,191
Book Value Per Share	16.78	16.35	14.70	13.82	11.42	8.53
Tangible Book Value	12,734	12,357	10,968	10,160	8,641	6,202
Tangible Book Value Per Share	15.16	14.71	13.01	12.05	10.17	7.30
Buildings	-	91.03	101.06	101.06	97.35	95.47
Machinery	-	1,387	1,214	1,070	829.43	657.66
Construction In Progress	-	114.57	65.06	33.16	47.39	111.23

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