SHE:002068 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	522.45	249.18	461.66	442.34	526.92	312.55
Trading Asset Securities	11.72	11.72	-	-	-	-
Cash & Short-Term Investments	534.18	260.9	461.66	442.34	526.92	312.55
Cash Growth	69.93%	-43.49%	4.37%	-16.05%	68.59%	-4.18%
Accounts Receivable	1,926	1,918	2,622	2,548	2,707	2,182
Other Receivables	45.61	27.68	63.2	37.14	7.25	2.89
Receivables	1,972	1,946	2,685	2,585	2,714	2,185
Inventory	1,135	926.84	893.71	904.39	1,378	963.5
Other Current Assets	457.16	455.68	231.59	156.26	206.26	154.38
Total Current Assets	4,098	3,589	4,272	4,088	4,826	3,615
Property, Plant & Equipment	3,623	3,615	3,373	3,244	3,085	3,022
Long-Term Investments	62.35	62.38	117.18	132.29	149.94	92.99
Goodwill	35.91	35.91	67.12	72.27	-	-
Other Intangible Assets	398.43	401.01	374.35	298.84	227.31	233.19
Long-Term Deferred Tax Assets	67.09	67.48	41.2	42.18	49.89	57.93
Long-Term Deferred Charges	12.11	12.75	4.32	6.01	9.81	7.33
Other Long-Term Assets	63.33	73.43	59.11	57.3	63.82	74.67
Total Assets	8,361	7,857	8,308	7,941	8,412	7,103
Accounts Payable	1,674	1,511	1,529	1,925	2,105	1,375
Accrued Expenses	12.23	84.02	92.96	62.71	55.59	68.21
Short-Term Debt	2,260	2,254	1,159	943.11	1,881	1,236
Current Portion of Long-Term Debt	597.98	813.17	882.73	620.57	-	400.42
Current Portion of Leases	-	0.99	0.84	0.89	0.87	1
Current Income Taxes Payable	26.2	2.16	11.63	10.09	4.04	9.63
Current Unearned Revenue	63.17	52.86	109.53	54.8	108.35	78
Other Current Liabilities	127.41	110	150.57	163.11	119.54	136.37
Total Current Liabilities	4,761	4,828	3,936	3,780	4,275	3,305
Long-Term Debt	980.46	305.86	1,171	888.8	600.49	300.35
Long-Term Leases	16.7	16.81	13.56	18.21	16.98	18.09
Long-Term Unearned Revenue	103.75	101.47	73.09	80.17	83.11	81.86
Long-Term Deferred Tax Liabilities	13.92	13.92	2.47	3.11	2.78	-
Other Long-Term Liabilities	20	26.22	-	-	-	-
Total Liabilities	5,896	5,293	5,196	4,771	4,978	3,705
Common Stock	735.35	735.35	735.35	741.41	748.12	748.12
Additional Paid-In Capital	1,448	1,448	1,448	1,456	1,476	1,473
Retained Earnings	297.98	393.05	856.39	831.26	1,074	1,065
Treasury Stock	-149.85	-149.85	-65.38	-19.79	-36.43	-52.18
Comprehensive Income & Other	0.45	-0.19	0.74	10.18	18.01	20.4
Total Common Equity	2,332	2,427	2,976	3,020	3,280	3,254
Minority Interest	132.43	138.22	136.85	150.7	154.27	143.58
Shareholders' Equity	2,465	2,565	3,112	3,170	3,434	3,398
Total Liabilities & Equity	8,361	7,857	8,308	7,941	8,412	7,103
Total Debt	3,855	3,391	3,227	2,472	2,499	1,955
Net Cash (Debt)	-3,321	-3,130	-2,765	-2,029	-1,972	-1,643
Net Cash Per Share	-4.56	-4.30	-3.75	-2.76	-2.64	-2.18
Filing Date Shares Outstanding	735.32	721.36	721.36	741.41	748.12	748.12
Total Common Shares Outstanding	735.32	721.36	729.3	741.41	748.12	748.12
Working Capital	-662.94	-1,239	336.37	308.05	551.45	310.47
Book Value Per Share	3.17	3.36	4.08	4.07	4.38	4.35
Tangible Book Value	1,898	1,990	2,534	2,648	3,053	3,021
Tangible Book Value Per Share	2.58	2.76	3.47	3.57	4.08	4.04
Buildings	-	1,838	1,753	1,620	1,540	1,426
Machinery	-	5,221	4,905	4,725	4,319	4,204
Construction In Progress	-	543.96	417.58	282.23	321.32	186.67

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