SHE:002062 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	3,374	3,368	3,176	2,894	3,015	2,678
Trading Asset Securities	22.27	16.72	55.22	4.99	67.46	5.91
Cash & Short-Term Investments	3,396	3,385	3,231	2,899	3,083	2,684
Cash Growth	1.38%	4.78%	11.46%	-5.97%	14.85%	-6.90%
Accounts Receivable	5,207	5,546	6,301	6,843	7,525	7,887
Other Receivables	113.69	10.28	111.8	25.74	28.82	220.55
Receivables	5,321	5,556	6,413	6,869	7,554	8,108
Inventory	892.8	1,053	1,243	1,906	2,002	3,290
Prepaid Expenses	-	22.57	22.16	22.16	21.12	21.08
Other Current Assets	128.44	200.2	174.71	205.61	163.85	111.51
Total Current Assets	9,738	10,217	11,083	11,902	12,823	14,215
Property, Plant & Equipment	1,332	1,369	1,347	1,226	1,078	1,132
Long-Term Investments	1,660	1,477	1,330	1,314	1,269	1,255
Other Intangible Assets	73.86	74.38	73.11	69.99	68.87	70.58
Long-Term Accounts Receivable	-	367.83	462.67	490.65	567.76	1,095
Long-Term Deferred Tax Assets	160.93	162.5	160.3	110.24	114.46	124.32
Long-Term Deferred Charges	18.61	19.23	23.89	21.72	52.98	53.52
Other Long-Term Assets	1,042	729.57	696.66	466.38	411.06	386.3
Total Assets	14,026	14,416	15,177	15,601	16,385	18,332
Accounts Payable	5,463	5,807	6,310	6,723	6,973	7,603
Accrued Expenses	15.28	279.22	456.06	447.68	400.07	248.09
Short-Term Debt	1,005	1,034	1,127	788.05	1,482	1,628
Current Portion of Long-Term Debt	347.94	335.37	414.77	414.68	589.72	437.28
Current Portion of Leases	-	1.79	-	1.64	9.72	7.72
Current Income Taxes Payable	213.82	62	49.53	146.69	238.81	144.97
Current Unearned Revenue	283.36	361.36	223.67	825.44	755.33	2,066
Other Current Liabilities	311.78	325.84	352.17	383.67	316.17	459.48
Total Current Liabilities	7,640	8,206	8,933	9,731	10,765	12,594
Long-Term Debt	1,087	988.78	931.38	1,231	1,128	1,632
Long-Term Leases	100.25	97.74	41.4	39.5	58.55	61.59
Long-Term Unearned Revenue	7.86	8.13	9.19	-	-	-
Long-Term Deferred Tax Liabilities	45.09	44.44	34.46	23.97	30.41	30.37
Other Long-Term Liabilities	29.55	28.78	24.46	30.04	35.3	28.99
Total Liabilities	8,910	9,374	9,974	11,055	12,017	14,347
Common Stock	1,237	1,237	1,237	1,103	1,103	1,103
Additional Paid-In Capital	356.2	356.2	356.2	-	-	-
Retained Earnings	3,573	3,499	3,342	3,168	2,939	2,685
Treasury Stock	-250.05	-250.05	-50.05	-	-	-
Comprehensive Income & Other	52.43	55.68	61.72	75.17	66.37	55.29
Total Common Equity	4,968	4,898	4,947	4,345	4,108	3,843
Minority Interest	147.06	144.82	256.52	200.08	259.89	141.99
Shareholders' Equity	5,116	5,043	5,203	4,545	4,368	3,985
Total Liabilities & Equity	14,026	14,416	15,177	15,601	16,385	18,332
Total Debt	2,540	2,457	2,514	2,475	3,268	3,767
Net Cash (Debt)	855.86	927.78	716.37	423.85	-184.77	-1,083
Net Cash Growth	16.73%	29.51%	69.02%	-	-	-
Net Cash Per Share	0.69	0.76	0.66	0.39	-0.17	-0.98
Filing Date Shares Outstanding	1,229	1,206	1,225	1,100	1,103	1,103
Total Common Shares Outstanding	1,229	1,206	1,225	1,103	1,103	1,103
Working Capital	2,098	2,011	2,151	2,171	2,058	1,621
Book Value Per Share	4.04	4.06	4.04	3.94	3.73	3.49
Tangible Book Value	4,895	4,824	4,874	4,275	4,039	3,772
Tangible Book Value Per Share	3.98	4.00	3.98	3.88	3.66	3.42
Buildings	-	260.4	260.4	249.34	225.36	276.68
Machinery	-	1,842	1,847	1,760	1,733	1,848
Construction In Progress	-	409.34	295.58	156.55	134.7	22.51

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