SHE:002110 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	5,903	5,838	7,420	5,626	5,449	7,621
Short-Term Investments	-	-	-	3.58	1,546	54.72
Trading Asset Securities	530.66	-	404.04	1,083	1,387	1,511
Cash & Short-Term Investments	6,434	5,838	7,824	6,713	8,382	9,186
Cash Growth	-4.41%	-25.38%	16.55%	-19.92%	-8.75%	-6.69%
Accounts Receivable	2,428	1,991	2,119	3,316	4,584	5,558
Other Receivables	161.63	1,056	963.68	706.27	376.73	204.27
Receivables	2,590	3,047	3,083	4,023	4,961	5,763
Inventory	3,403	2,978	3,203	3,218	2,944	3,171
Prepaid Expenses	-	52.5	50.45	58.01	162.28	9.54
Other Current Assets	4,209	2,276	2,497	3,172	2,656	2,361
Total Current Assets	16,636	14,190	16,658	17,183	19,105	20,491
Property, Plant & Equipment	30,557	30,903	30,105	26,854	23,235	20,920
Long-Term Investments	1,221	1,260	995.63	908.16	921.96	2,021
Other Intangible Assets	2,310	2,363	2,532	1,522	1,549	1,655
Long-Term Accounts Receivable	-	12.23	7.14	-	-	-
Long-Term Deferred Tax Assets	1,227	1,168	1,111	695.1	292.38	161.2
Long-Term Deferred Charges	0.75	0.85	1.25	0.8	0.85	0.96
Other Long-Term Assets	274.88	239.91	235.24	1,032	1,221	727.15
Total Assets	52,227	50,137	51,646	48,195	46,325	45,976
Accounts Payable	8,729	8,032	9,117	9,786	9,566	9,753
Accrued Expenses	171.54	352.09	279.58	594.52	524.45	321.29
Short-Term Debt	17,011	14,780	14,738	11,448	10,461	7,303
Current Portion of Long-Term Debt	744.77	1,156	3,985	708.61	727.76	653.29
Current Portion of Leases	-	4.84	5.01	6.53	4.35	4.32
Current Income Taxes Payable	77.64	26.11	24.02	43.7	36.75	360.95
Current Unearned Revenue	863.71	940.88	791.61	691.43	632.2	843.47
Other Current Liabilities	540.38	484.36	450.27	772.96	875.35	1,487
Total Current Liabilities	28,138	25,775	29,391	24,052	22,828	20,725
Long-Term Debt	3,600	3,773	2,173	2,994	1,495	1,411
Long-Term Leases	25.18	25.14	37.86	36.14	42.67	47.02
Long-Term Unearned Revenue	529.32	482.51	337.99	275.71	247.65	185.28
Pension & Post-Retirement Benefits	-	211.55	225.77	207.27	193.51	189.27
Long-Term Deferred Tax Liabilities	62.27	72.44	12.57	10.2	13.29	11.31
Other Long-Term Liabilities	294.84	88.96	95.5	86.61	94.95	109.13
Total Liabilities	32,650	30,429	32,273	27,662	24,915	22,678
Common Stock	2,429	2,429	2,429	2,452	2,452	2,452
Additional Paid-In Capital	3,878	3,878	3,878	3,989	3,988	3,988
Retained Earnings	13,077	13,173	13,063	14,339	15,248	17,101
Treasury Stock	-	-	-	-151.51	-151.51	-151.51
Comprehensive Income & Other	-12.89	16.47	-204.28	-218.32	-248.85	-214.95
Total Common Equity	19,371	19,496	19,165	20,410	21,288	23,175
Minority Interest	206.31	211.49	207.14	122.88	121.96	123.14
Shareholders' Equity	19,577	19,708	19,372	20,533	21,410	23,298
Total Liabilities & Equity	52,227	50,137	51,646	48,195	46,325	45,976
Total Debt	21,381	19,738	20,939	15,194	12,731	9,418
Net Cash (Debt)	-14,947	-13,900	-13,115	-8,481	-4,349	-231.76
Net Cash Per Share	-5.57	-5.13	-5.44	-3.43	-1.88	-0.10
Filing Date Shares Outstanding	2,402	2,429	2,429	2,429	2,429	2,429
Total Common Shares Outstanding	2,402	2,429	2,429	2,429	2,429	2,429
Working Capital	-11,503	-11,585	-12,733	-6,869	-3,722	-234.43
Book Value Per Share	8.06	8.03	7.89	8.40	8.76	9.54
Tangible Book Value	17,061	17,133	16,633	18,888	19,739	21,520
Tangible Book Value Per Share	7.10	7.05	6.85	7.78	8.13	8.86
Buildings	-	15,710	14,385	12,388	11,167	8,888
Machinery	-	25,355	22,965	19,319	17,921	14,548
Construction In Progress	-	145.15	1,766	3,999	2,706	6,075

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