SHE:002101 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	1,963	-	2,738	2,833	461.06	433.82
Cash & Short-Term Investments	1,963	1,704	2,738	2,833	461.06	433.82
Cash Growth	-2.75%	-37.76%	-3.35%	514.43%	6.28%	-34.11%
Accounts Receivable	3,018	-	3,513	2,890	2,170	1,717
Other Receivables	220.13	-	230.96	222.86	175.05	40.74
Receivables	3,238	-	3,744	3,113	2,346	1,758
Inventory	1,465	-	1,445	1,195	1,225	914.12
Prepaid Expenses	-	-	-	-	0.99	-
Other Current Assets	458.11	-	129.56	46.91	37.47	31.58
Total Current Assets	7,124	-	8,057	7,188	4,070	3,137
Property, Plant & Equipment	4,656	-	4,207	3,430	3,058	2,617
Long-Term Investments	248.52	-	253.4	256.4	59.57	112.58
Goodwill	793.68	-	793.68	793.68	793.68	793.68
Other Intangible Assets	305.14	-	302.7	316.19	328.09	320.12
Long-Term Accounts Receivable	-	-	-	-	-	0.49
Long-Term Deferred Tax Assets	130.28	-	134.92	87.21	66.74	50.82
Long-Term Deferred Charges	853.45	-	709.28	593.01	543.31	455.85
Other Long-Term Assets	191.83	-	243.93	182.83	229.92	139.09
Total Assets	14,303	-	14,702	12,847	9,149	7,627
Accounts Payable	3,804	-	4,418	3,083	2,064	1,518
Accrued Expenses	215.09	-	316.9	314.29	267.13	357.03
Short-Term Debt	396.57	-	76	190.45	344.5	138
Current Portion of Long-Term Debt	323.52	-	250	191.84	120	17.89
Current Portion of Leases	-	-	71	49.52	56.04	10.1
Current Income Taxes Payable	19.08	-	11.38	20.14	9.23	7.83
Current Unearned Revenue	59.21	-	2.81	3.16	3.87	5.82
Other Current Liabilities	562.55	-	724.7	572.8	628.78	70.23
Total Current Liabilities	5,380	-	5,870	4,425	3,493	2,125
Long-Term Debt	204.32	-	288.25	313.7	230	282.7
Long-Term Leases	177.5	-	266.46	96.6	41.73	8.13
Long-Term Unearned Revenue	145.28	-	121.75	93.07	88.18	100.7
Long-Term Deferred Tax Liabilities	93.41	-	95.05	63.9	60.77	23.99
Other Long-Term Liabilities	96.01	-	-	-	-	-
Total Liabilities	6,096	-	6,642	4,993	3,914	2,540
Common Stock	664.38	-	664.65	664.65	528.88	528.88
Additional Paid-In Capital	4,752	-	4,760	4,758	2,680	2,775
Retained Earnings	2,551	-	2,402	2,199	1,777	1,470
Treasury Stock	-24.52	-	-27.61	-28.39	-	-
Comprehensive Income & Other	20.1	-	-1.13	-3.9	-	-
Total Common Equity	7,963	7,817	7,797	7,590	4,986	4,774
Minority Interest	243.76	-	263.12	264.96	249.21	312.42
Shareholders' Equity	8,207	8,067	8,061	7,855	5,235	5,087
Total Liabilities & Equity	14,303	-	14,702	12,847	9,149	7,627
Total Debt	1,102	1,051	951.71	842.11	792.27	456.82
Net Cash (Debt)	860.67	653.12	1,786	1,991	-331.21	-22.99
Net Cash Growth	-16.06%	-63.44%	-10.27%	-	-	-
Net Cash Per Share	1.31	0.99	2.71	3.48	-0.63	-0.04
Filing Date Shares Outstanding	664.17	664.38	664.65	664.65	528.88	528.88
Total Common Shares Outstanding	664.17	664.38	664.65	664.65	528.88	528.88
Working Capital	1,744	-	2,187	2,762	576.62	1,012
Book Value Per Share	11.99	11.77	11.73	11.42	9.43	9.03
Tangible Book Value	6,864	6,724	6,701	6,480	3,864	3,660
Tangible Book Value Per Share	10.33	10.12	10.08	9.75	7.31	6.92
Buildings	-	-	1,547	1,416	1,345	1,264
Machinery	-	-	5,051	4,157	3,715	2,925
Construction In Progress	-	-	209.36	221.83	95.31	125.23

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