SHE:002138 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	327.12	349.97	302.27	778.84	451.39	493.3
Trading Asset Securities	-	-	-	-	7.02	-
Cash & Short-Term Investments	327.12	349.97	302.27	778.84	458.41	493.3
Cash Growth	-6.90%	15.78%	-61.19%	69.90%	-7.07%	51.45%
Accounts Receivable	3,260	3,313	3,060	2,706	2,109	1,986
Other Receivables	9.34	8.32	6.86	7.78	8.99	8.32
Receivables	3,269	3,321	3,067	2,714	2,118	1,994
Inventory	1,457	1,322	997.04	864.61	929.55	1,048
Other Current Assets	269.95	281.12	333.42	287.62	143.76	189.37
Total Current Assets	5,323	5,274	4,700	4,645	3,650	3,725
Property, Plant & Equipment	6,794	6,804	6,686	6,556	5,954	4,816
Long-Term Investments	391.16	274.87	269.86	225.39	172.84	135.62
Goodwill	301.87	301.87	301.87	340.51	360.05	360.05
Other Intangible Assets	479.58	485.01	497.19	510.59	523.05	443.2
Long-Term Deferred Tax Assets	24.53	25.51	132.44	173.29	152.81	120.68
Long-Term Deferred Charges	121.31	83.93	69.08	55.48	54.3	31.92
Other Long-Term Assets	63.11	44.26	49.97	62.47	73.37	109.32
Total Assets	13,499	13,294	12,706	12,568	10,940	9,741
Accounts Payable	1,152	1,087	900.25	803.49	613.06	889.04
Accrued Expenses	250.88	582.54	461.5	286.96	184.11	279.43
Short-Term Debt	605.33	500.15	630.97	1,006	819.05	553.33
Current Portion of Long-Term Debt	661.2	530.44	599.28	620.98	182.61	108.37
Current Portion of Leases	-	10.72	11.97	2.56	9.52	6.55
Current Income Taxes Payable	61.66	49.01	39.62	42.98	16.03	6.02
Current Unearned Revenue	10.58	11.37	16.47	10.4	13.04	18.6
Other Current Liabilities	784.09	624.15	554.24	625.14	553.84	375.15
Total Current Liabilities	3,525	3,396	3,214	3,399	2,391	2,236
Long-Term Debt	2,582	2,091	2,039	2,116	2,000	1,226
Long-Term Leases	6.18	7.77	16.3	13.96	1.51	1.12
Long-Term Unearned Revenue	195.55	199.74	192.43	195.31	160.1	156.13
Long-Term Deferred Tax Liabilities	174.13	176.52	290.86	304.97	288.64	236.71
Other Long-Term Liabilities	-	-	-	-	-	35
Total Liabilities	6,483	5,870	5,753	6,029	4,841	3,891
Common Stock	806.32	806.32	806.32	806.32	806.32	806.32
Additional Paid-In Capital	1,813	1,779	1,864	2,075	2,116	2,116
Retained Earnings	4,182	4,643	4,096	3,501	3,019	2,826
Treasury Stock	-429.95	-429.95	-483.8	-399.97	-364.18	-199.96
Comprehensive Income & Other	-18.27	-19.13	-19.08	-18.24	-18.59	-16.6
Total Common Equity	6,354	6,780	6,263	5,964	5,558	5,532
Minority Interest	661.52	643.37	690.18	575.92	540.77	317.71
Shareholders' Equity	7,015	7,423	6,953	6,540	6,099	5,850
Total Liabilities & Equity	13,499	13,294	12,706	12,568	10,940	9,741
Total Debt	3,855	3,140	3,298	3,760	3,012	1,895
Net Cash (Debt)	-3,528	-2,790	-2,995	-2,981	-2,554	-1,402
Net Cash Per Share	-4.50	-3.55	-3.78	-3.77	-3.19	-1.75
Filing Date Shares Outstanding	798.59	798.59	792.31	791.94	793.3	800.21
Total Common Shares Outstanding	798.59	798.59	792.31	791.94	793.3	800.21
Working Capital	1,798	1,878	1,486	1,246	1,259	1,488
Book Value Per Share	7.96	8.49	7.90	7.53	7.01	6.91
Tangible Book Value	5,572	5,993	5,464	5,113	4,675	4,729
Tangible Book Value Per Share	6.98	7.50	6.90	6.46	5.89	5.91
Buildings	-	4,222	3,661	3,363	2,154	1,410
Machinery	-	6,182	5,721	5,407	5,096	4,499
Construction In Progress	-	504.14	873.82	848.76	1,304	1,059

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