SHE:002056 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	9,639	9,286	8,975	9,185	5,655	3,445
Trading Asset Securities	72.36	30.36	1.71	4.11	831.32	511.56
Cash & Short-Term Investments	9,711	9,317	8,977	9,190	6,486	3,957
Cash Growth	23.76%	3.79%	-2.32%	41.69%	63.92%	1.79%
Accounts Receivable	4,367	3,836	3,440	3,085	2,812	2,322
Other Receivables	150.04	29.89	60.44	73.16	122.49	71.73
Receivables	4,517	3,866	3,500	3,159	2,935	2,394
Inventory	6,304	5,873	3,749	1,955	2,036	1,745
Other Current Assets	354.6	502.55	346.89	245.63	252.48	252.25
Total Current Assets	20,887	19,558	16,573	14,549	11,709	8,348
Property, Plant & Equipment	6,906	6,949	6,796	5,921	4,982	3,929
Long-Term Investments	574.46	329.36	261.49	214.3	180.28	175.66
Goodwill	0	0	0	0	0	0
Other Intangible Assets	518.5	532.92	571.67	507.49	449.33	341.38
Long-Term Deferred Tax Assets	41.16	38.63	4.61	2.36	204.95	23.38
Long-Term Deferred Charges	13.69	15.3	1.29	-	-	0
Other Long-Term Assets	3.15	3.28	3.77	13.89	83.56	74.57
Total Assets	28,944	27,427	24,212	21,208	17,610	12,892
Accounts Payable	12,001	11,608	10,895	7,604	6,431	4,623
Accrued Expenses	290.29	623.69	547.3	453.35	403.22	346.05
Short-Term Debt	2,284	1,687	985.35	2,949	1,900	663.78
Current Portion of Long-Term Debt	-	-	-	-	-	2.51
Current Portion of Leases	60.43	64.56	24.4	1.37	2.02	1.78
Current Income Taxes Payable	466.9	288.42	127.36	26.46	6.35	57.27
Current Unearned Revenue	652.56	478.99	464.4	236.54	484.07	180.24
Other Current Liabilities	260.3	160.63	152.95	173.35	255.66	86.43
Total Current Liabilities	16,015	14,911	13,197	11,444	9,482	5,961
Long-Term Debt	8.49	9.33	18.35	203.43	7.86	25.45
Long-Term Leases	883.45	880.49	248.33	7.14	4.09	5.52
Long-Term Unearned Revenue	100.06	99	43.8	59.46	28.78	37.5
Long-Term Deferred Tax Liabilities	52.12	47.12	89.79	103.08	192.06	29.31
Other Long-Term Liabilities	452.08	421.66	344.19	192.73	123.58	64.95
Total Liabilities	17,511	16,369	13,942	12,010	9,838	6,124
Common Stock	1,627	1,627	1,627	1,627	1,627	1,627
Additional Paid-In Capital	-	74.06	37.34	6.54	-	-
Retained Earnings	9,539	9,153	8,635	7,533	6,297	5,022
Treasury Stock	-336.7	-351.92	-280.76	-212.78	-210	-
Comprehensive Income & Other	190.22	125.76	63.91	61.94	36.66	81.25
Total Common Equity	11,019	10,628	10,082	9,015	7,750	6,730
Minority Interest	413.18	430.53	187.97	182.85	21.27	38.59
Shareholders' Equity	11,433	11,058	10,270	9,198	7,771	6,769
Total Liabilities & Equity	28,944	27,427	24,212	21,208	17,610	12,892
Total Debt	3,236	2,642	1,276	3,161	1,914	699.04
Net Cash (Debt)	6,475	6,675	7,700	6,029	4,572	3,258
Net Cash Growth	-6.54%	-13.31%	27.72%	31.86%	40.35%	8.94%
Net Cash Per Share	4.06	4.18	4.76	3.74	2.82	2.01
Filing Date Shares Outstanding	1,601	1,601	1,606	1,612	1,613	1,627
Total Common Shares Outstanding	1,601	1,601	1,606	1,612	1,613	1,627
Working Capital	4,872	4,647	3,375	3,105	2,227	2,387
Book Value Per Share	6.88	6.64	6.28	5.59	4.81	4.14
Tangible Book Value	10,501	10,095	9,510	8,508	7,301	6,389
Tangible Book Value Per Share	6.56	6.30	5.92	5.28	4.53	3.93
Buildings	-	2,386	2,316	2,027	1,696	1,560
Machinery	-	7,499	7,406	6,479	5,631	5,034
Construction In Progress	-	250.26	361.4	418.96	385.62	227.24

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