SHE:002050 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	14,336	14,912	5,249	6,585	5,878	6,708
Short-Term Investments	-	651.1	1,100	-	-	-
Trading Asset Securities	1,179	508.33	-	-	100.03	109.38
Cash & Short-Term Investments	15,516	16,071	6,348	6,585	5,978	6,817
Cash Growth	227.08%	153.15%	-3.59%	10.14%	-12.31%	60.71%
Accounts Receivable	10,738	10,993	9,628	8,251	7,432	5,660
Other Receivables	257.23	238.63	258.06	227.79	859.94	275.94
Receivables	10,995	11,622	10,286	8,479	8,292	5,936
Inventory	5,879	5,640	5,280	4,601	4,335	3,638
Other Current Assets	1,416	389.04	385.83	407.5	150.55	179.7
Total Current Assets	33,806	33,723	22,301	20,072	18,756	16,571
Property, Plant & Equipment	13,637	13,734	12,303	10,080	7,692	5,792
Long-Term Investments	43.55	44.59	40.6	37.92	32.44	22.68
Goodwill	-	-	-	6.79	7.59	7.59
Other Intangible Assets	1,231	1,258	1,075	843.87	727.26	696.39
Long-Term Deferred Tax Assets	117.02	129.82	112.7	156.43	221.16	153.26
Long-Term Deferred Charges	205.86	212.72	200.66	118.1	56.16	36.64
Other Long-Term Assets	324.6	304.95	322.09	572.19	465.51	337.14
Total Assets	49,365	49,406	36,355	31,891	27,961	23,620
Accounts Payable	10,051	10,189	9,777	7,867	6,465	5,106
Accrued Expenses	536.06	1,011	918.33	784.18	589.39	449.95
Short-Term Debt	1,393	1,455	1,580	1,212	1,294	738.19
Current Portion of Long-Term Debt	1,787	1,488	500.42	1,371	500.47	1,726
Current Portion of Leases	-	103.53	90.57	68.9	67.66	37.57
Current Income Taxes Payable	322.2	158.01	118.97	186.58	72	36.99
Current Unearned Revenue	80.75	76.17	49.46	51.79	57.96	79.82
Other Current Liabilities	490.06	884.06	597.85	277.4	409.49	176.44
Total Current Liabilities	14,660	15,365	13,633	11,819	9,456	8,351
Long-Term Debt	635	862.7	2,046	1,031	4,578	3,453
Long-Term Leases	211.84	205.93	237.91	221.3	202.03	157.98
Long-Term Unearned Revenue	657.68	664.01	607.75	379.14	254.04	156.83
Long-Term Deferred Tax Liabilities	213.74	217.24	258.26	307.51	288.76	172.91
Other Long-Term Liabilities	49.71	50.79	52.1	69.29	62.82	75.2
Total Liabilities	16,427	17,366	16,835	13,827	14,842	12,367
Common Stock	4,208	4,208	3,732	3,733	3,591	3,591
Additional Paid-In Capital	12,624	12,603	3,271	3,456	282.6	373.42
Retained Earnings	16,368	15,440	12,814	11,015	8,997	7,317
Treasury Stock	-520.49	-520.49	-381.85	-423.47	-330.02	-411.95
Comprehensive Income & Other	-51.94	18.78	-138.36	114.76	401	280.27
Total Common Equity	32,628	31,749	19,298	17,894	12,941	11,150
Minority Interest	309.32	291.3	221.87	169.3	177.99	102.28
Shareholders' Equity	32,937	32,040	19,520	18,064	13,119	11,253
Total Liabilities & Equity	49,365	49,406	36,355	31,891	27,961	23,620
Total Debt	4,026	4,116	4,455	3,904	6,643	6,113
Net Cash (Debt)	11,489	11,956	1,893	2,680	-664.31	704.09
Net Cash Growth	5554.78%	531.45%	-29.36%	-	-	-67.27%
Net Cash Per Share	2.82	3.02	0.51	0.74	-0.19	0.20
Filing Date Shares Outstanding	4,216	4,201	3,731	3,707	3,585	3,570
Total Common Shares Outstanding	4,216	4,201	3,731	3,707	3,585	3,570
Working Capital	19,146	18,357	8,668	8,253	9,300	8,220
Book Value Per Share	7.74	7.56	5.17	4.83	3.61	3.12
Tangible Book Value	31,397	30,491	18,223	17,044	12,206	10,446
Tangible Book Value Per Share	7.45	7.26	4.88	4.60	3.41	2.93
Buildings	-	6,154	4,987	4,047	3,360	2,261
Machinery	-	10,708	9,013	7,328	6,123	4,775
Construction In Progress	-	1,742	2,172	2,036	1,033	1,344

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