SHE:002080 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,762	3,100	2,751	3,545	5,904	2,635
Short-Term Investments	-	-	-	-	120	-
Trading Asset Securities	-	-	-	-	65	-
Cash & Short-Term Investments	1,762	3,100	2,751	3,545	6,089	2,635
Cash Growth	-7.70%	12.69%	-22.39%	-41.79%	131.12%	-11.70%
Accounts Receivable	15,055	14,249	11,523	12,308	12,692	8,738
Other Receivables	438.79	382.98	437.09	409.54	295.75	100.33
Receivables	15,494	14,632	11,961	12,717	12,988	8,839
Inventory	5,634	4,666	3,585	3,906	3,753	2,250
Prepaid Expenses	-	32.05	20.36	4.49	3.4	1.07
Other Current Assets	1,729	1,539	1,563	1,119	679.37	654.65
Total Current Assets	24,619	23,970	19,880	21,291	23,513	14,379
Property, Plant & Equipment	36,476	36,387	35,424	31,326	25,394	19,998
Long-Term Investments	1,011	1,011	670.29	624.33	469.77	347.95
Goodwill	48.27	48.27	48.27	48.27	48.27	48.27
Other Intangible Assets	2,119	2,164	2,213	2,215	1,784	1,280
Long-Term Deferred Tax Assets	835.89	832.24	634.87	571.57	597.56	253.99
Long-Term Deferred Charges	699.13	668.41	389.61	439.68	411.15	304.34
Other Long-Term Assets	496.68	509.59	604.65	380.95	498.29	1,015
Total Assets	66,305	65,591	59,865	56,897	52,716	37,627
Accounts Payable	15,576	16,499	11,829	11,041	10,917	7,172
Accrued Expenses	476.64	847.23	953.22	1,102	1,002	843.1
Short-Term Debt	6,000	4,349	2,876	864.81	1,830	2,079
Current Portion of Long-Term Debt	2,604	2,909	2,998	4,577	914.2	2,552
Current Portion of Leases	-	66.32	57.39	25.15	33.59	9.38
Current Income Taxes Payable	310.86	179.62	46.17	89.79	118.43	207.25
Current Unearned Revenue	416.71	386.9	706.01	501.53	412.34	360.85
Other Current Liabilities	656.13	649.13	1,026	951.28	448.73	358.6
Total Current Liabilities	26,040	25,886	20,491	19,152	15,676	13,583
Long-Term Debt	9,554	9,652	11,109	9,609	9,686	6,662
Long-Term Leases	348.28	278.23	258.54	185.06	158.3	32.98
Long-Term Unearned Revenue	954.51	958.08	786.12	754.01	814.26	1,290
Long-Term Deferred Tax Liabilities	188.06	188.49	181.3	160.11	146.55	40.78
Other Long-Term Liabilities	260.59	287.44	301.66	486.22	431.52	406.55
Total Liabilities	37,346	37,250	33,128	30,346	26,913	22,015
Common Stock	1,678	1,678	1,678	1,678	1,678	1,678
Additional Paid-In Capital	5,052	5,052	5,094	5,142	5,972	4,444
Retained Earnings	13,680	13,173	11,732	11,780	10,661	8,043
Comprehensive Income & Other	38.47	8.28	8.96	16.53	11.83	4.31
Total Common Equity	20,449	19,911	18,513	18,617	18,323	14,169
Minority Interest	8,510	8,430	8,224	7,934	7,480	1,442
Shareholders' Equity	28,959	28,341	26,737	26,551	25,803	15,611
Total Liabilities & Equity	66,305	65,591	59,865	56,897	52,716	37,627
Total Debt	18,507	17,254	17,299	15,261	12,622	11,336
Net Cash (Debt)	-16,744	-14,154	-14,548	-11,716	-6,533	-8,702
Net Cash Per Share	-9.98	-8.43	-8.67	-6.98	-3.89	-5.19
Filing Date Shares Outstanding	1,678	1,678	1,678	1,678	1,678	1,678
Total Common Shares Outstanding	1,678	1,678	1,678	1,678	1,678	1,678
Working Capital	-1,421	-1,916	-610.66	2,139	7,837	796.48
Book Value Per Share	12.19	11.87	11.03	11.09	10.92	8.44
Tangible Book Value	18,281	17,699	16,252	16,354	16,491	12,841
Tangible Book Value Per Share	10.89	10.55	9.68	9.75	9.83	7.65
Buildings	-	9,152	7,592	7,812	6,479	5,536
Machinery	-	37,153	26,832	25,973	22,227	18,707
Construction In Progress	-	1,702	10,659	6,054	4,088	2,072

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