SHE:002140 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	3,192	3,347	3,698	3,115	3,313	2,250
Cash & Short-Term Investments	3,192	3,347	3,698	3,115	3,313	2,250
Cash Growth	-3.76%	-9.49%	18.73%	-5.98%	47.24%	27.03%
Accounts Receivable	4,512	4,240	3,348	3,262	3,474	3,144
Other Receivables	135.07	118.68	399.02	679.6	413.64	246.29
Receivables	4,647	4,359	3,747	3,941	3,887	3,390
Inventory	356.15	169.35	446.53	95.91	151.93	150.2
Other Current Assets	1,344	1,319	1,914	1,898	921.52	685.27
Total Current Assets	9,539	9,194	9,806	9,050	8,274	6,476
Property, Plant & Equipment	4,204	4,226	3,690	2,732	1,036	749.97
Long-Term Investments	721.23	750.31	740.42	699.26	578.37	495.44
Other Intangible Assets	618.62	622.22	619.68	631.51	375.45	367.46
Long-Term Accounts Receivable	-	-	6.44	52.66	-	-
Long-Term Deferred Tax Assets	141.93	146.93	148.48	135.9	117.07	118.76
Long-Term Deferred Charges	7.67	6.99	10.71	18.28	13.82	14.82
Other Long-Term Assets	1,083	1,051	1,078	1,017	1,353	1,700
Total Assets	16,316	15,998	16,100	14,337	11,748	9,922
Accounts Payable	5,426	5,383	4,927	4,051	4,496	4,075
Accrued Expenses	68.93	240.08	264.2	241.53	163.34	246.6
Short-Term Debt	632.41	441.91	288.61	180.18	30.03	10
Current Portion of Long-Term Debt	638.14	672.74	67.99	260.61	20.93	119.23
Current Portion of Leases	-	-	0.53	0.53	1.14	6.61
Current Income Taxes Payable	262.86	22.95	32.78	25.7	4.36	24.65
Current Unearned Revenue	1,424	1,464	2,852	3,182	1,328	1,150
Other Current Liabilities	331.49	382.46	931.6	972.74	462.19	483.05
Total Current Liabilities	8,784	8,608	9,365	8,914	6,506	6,115
Long-Term Debt	1,694	1,655	1,638	929.71	1,203	989.02
Long-Term Leases	-	-	-	-	-	0.51
Long-Term Unearned Revenue	15.51	15.56	18.45	16.9	12.29	10.9
Long-Term Deferred Tax Liabilities	13.91	13.95	10.82	10.98	8.56	6.29
Other Long-Term Liabilities	343.48	343.48	77.68	77.41	77.41	-
Total Liabilities	10,851	10,635	11,110	9,949	7,807	7,122
Common Stock	708.01	708.01	708.04	708.18	708.75	545.31
Additional Paid-In Capital	899.42	899.66	898.45	897.38	875.82	139.16
Retained Earnings	3,266	3,134	2,742	2,410	2,137	1,964
Treasury Stock	-	-	-8.44	-17.42	-28.28	-38.17
Comprehensive Income & Other	5.02	0.11	12.34	10.88	11.32	-33.22
Total Common Equity	4,879	4,741	4,353	4,009	3,704	2,577
Minority Interest	586.34	621.29	637.82	378.21	236.74	222.87
Shareholders' Equity	5,465	5,363	4,991	4,387	3,941	2,800
Total Liabilities & Equity	16,316	15,998	16,100	14,337	11,748	9,922
Total Debt	2,965	2,770	1,995	1,371	1,255	1,125
Net Cash (Debt)	227.22	577.8	1,703	1,744	2,058	1,125
Net Cash Growth	-79.30%	-66.07%	-2.35%	-15.27%	82.97%	3.95%
Net Cash Per Share	0.32	0.82	2.41	2.47	3.64	2.08
Filing Date Shares Outstanding	708.16	708.01	708.04	708.18	708.75	545.31
Total Common Shares Outstanding	708.16	708.01	708.04	708.18	708.75	545.31
Working Capital	755.89	586.81	441.85	135.69	1,768	360.75
Book Value Per Share	6.89	6.70	6.15	5.66	5.23	4.73
Tangible Book Value	4,260	4,119	3,733	3,377	3,329	2,210
Tangible Book Value Per Share	6.02	5.82	5.27	4.77	4.70	4.05
Buildings	-	884.24	529.28	529.19	497.91	497.2
Machinery	-	2,802	303.88	272.65	247.95	166.96
Construction In Progress	-	917.29	3,199	2,232	556.79	321.29

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