SHE:002060 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	14,855	17,922	22,582	21,083	19,469	2,855
Short-Term Investments	-	50	-	-	-	-
Trading Asset Securities	100.05	0.07	-	300	300	-
Cash & Short-Term Investments	14,955	17,973	22,582	21,383	19,769	2,855
Cash Growth	-15.01%	-20.41%	5.61%	8.16%	592.41%	-0.75%
Accounts Receivable	80,060	82,007	73,664	67,879	52,804	10,255
Other Receivables	1,420	5,040	4,057	4,381	2,039	417.59
Receivables	81,480	87,047	77,721	72,261	54,843	10,672
Inventory	1,125	1,027	802.96	780.55	849.17	658.94
Prepaid Expenses	-	584.52	590.77	356.87	369.34	6.97
Other Current Assets	6,186	1,590	1,530	1,295	3,279	672.85
Total Current Assets	103,746	108,222	103,227	96,076	79,110	14,866
Property, Plant & Equipment	26,347	26,011	23,735	22,681	15,334	10,408
Long-Term Investments	2,121	2,172	2,141	2,769	1,917	671.13
Goodwill	19	19	19	19	23.58	23.58
Other Intangible Assets	2,650	2,656	2,632	2,559	2,616	1,909
Long-Term Accounts Receivable	-	1,526	2,074	3,431	3,212	1,311
Long-Term Deferred Tax Assets	772.68	759.23	593.96	530.09	483.09	89.85
Long-Term Deferred Charges	126.69	155.79	170.63	153.27	111.58	55.27
Other Long-Term Assets	8,876	7,326	6,969	5,171	5,084	2,398
Total Assets	144,658	148,845	141,563	133,388	107,892	31,732
Accounts Payable	60,008	65,668	63,183	61,982	45,489	4,780
Accrued Expenses	58.29	782.1	738.19	756.22	867.61	61.09
Short-Term Debt	9,299	8,956	8,035	6,915	6,571	6,256
Current Portion of Long-Term Debt	3,278	3,209	2,016	3,483	1,321	1,048
Current Portion of Leases	-	104.47	113.8	112.85	137.19	29.99
Current Income Taxes Payable	761.42	208.28	144.09	172.66	128.62	26.27
Current Unearned Revenue	21,377	19,508	19,167	16,285	17,064	4,037
Other Current Liabilities	8,517	10,046	8,235	6,862	6,768	1,812
Total Current Liabilities	103,298	108,481	101,632	96,569	78,346	18,050
Long-Term Debt	23,379	22,732	23,540	21,180	17,005	9,060
Long-Term Leases	511.03	451.02	464.92	586.49	645.25	469.2
Long-Term Unearned Revenue	17.57	18.29	21.28	25.21	28.49	21.74
Long-Term Deferred Tax Liabilities	105.49	109.26	38.09	53.35	52.09	7.96
Other Long-Term Liabilities	1,403	1,196	813.28	826.31	713.69	2.36
Total Liabilities	128,715	132,989	126,509	119,240	96,790	27,612
Common Stock	3,754	3,754	3,754	3,754	1,202	1,202
Additional Paid-In Capital	2,914	2,914	2,911	2,899	3,565	647.15
Retained Earnings	7,160	7,048	6,465	5,876	4,852	1,719
Comprehensive Income & Other	660.23	697.64	631.26	486.02	428.4	357.06
Total Common Equity	14,488	14,414	13,762	13,016	10,047	3,925
Minority Interest	1,455	1,443	1,292	1,132	1,055	194.86
Shareholders' Equity	15,943	15,857	15,054	14,148	11,102	4,120
Total Liabilities & Equity	144,658	148,845	141,563	133,388	107,892	31,732
Total Debt	36,467	35,453	34,170	32,277	25,679	16,864
Net Cash (Debt)	-21,512	-17,480	-11,588	-10,895	-5,910	-14,008
Net Cash Per Share	-5.73	-4.66	-3.09	-3.05	-1.74	-11.65
Filing Date Shares Outstanding	3,754	3,754	3,754	3,754	1,202	1,202
Total Common Shares Outstanding	3,754	3,754	3,754	3,754	1,202	1,202
Working Capital	447.96	-259.88	1,595	-492.65	763.9	-3,184
Book Value Per Share	3.86	3.84	3.67	3.47	8.36	3.02
Tangible Book Value	11,819	11,739	11,111	10,438	7,407	1,993
Tangible Book Value Per Share	3.15	3.13	2.96	2.78	6.16	1.41
Buildings	-	18,866	17,057	2,528	2,380	1,274
Machinery	-	12,396	11,988	21,036	15,614	11,877
Construction In Progress	-	3,323	2,371	5,464	3,034	301.2

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