SHE:002153 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	3,515	4,032	4,238	4,540	4,687	5,047
Trading Asset Securities	0.11	9.88	18.2	9.99	86.5	142.92
Cash & Short-Term Investments	3,515	4,042	4,256	4,550	4,774	5,190
Cash Growth	-14.10%	-5.02%	-6.45%	-4.70%	-8.01%	-0.77%
Accounts Receivable	508.84	576.56	579.24	594.05	570.89	630.49
Other Receivables	86.62	113.22	243.3	193.33	41.91	123.61
Receivables	595.46	689.79	822.54	787.38	612.8	754.1
Inventory	487.58	371.48	337.89	371.57	351.36	357.13
Prepaid Expenses	-	-	-	-	3.56	-
Other Current Assets	129.88	144.36	95.73	92.09	89.27	137.57
Total Current Assets	4,728	5,248	5,512	5,801	5,831	6,438
Property, Plant & Equipment	599.43	615.21	667.94	695.68	708.05	689.95
Long-Term Investments	86.1	85.41	98.08	212.27	323.02	359.53
Goodwill	1,206	1,206	1,205	1,197	1,192	1,546
Other Intangible Assets	1,989	2,022	1,773	1,596	1,359	1,341
Long-Term Deferred Tax Assets	125.3	120.68	126.79	121.09	104.95	84.43
Long-Term Deferred Charges	0.64	1.05	0.84	1.12	1.64	1.71
Other Long-Term Assets	59.67	60.67	63.76	68.18	71.57	41.94
Total Assets	8,793	9,358	9,447	9,692	9,591	10,503
Accounts Payable	281.62	275.42	244.51	300.3	204.44	277.16
Accrued Expenses	92.14	231.55	229.26	259.16	214.66	250.02
Short-Term Debt	19.94	19.93	0.22	6.24	0.4	1.19
Current Portion of Leases	16.54	21.14	19.81	22.61	21.93	25.49
Current Income Taxes Payable	153.48	146.08	95.59	113.19	161.99	210.26
Current Unearned Revenue	536.14	542.98	565.28	524.7	443.53	434.47
Other Current Liabilities	320.63	323.36	277.88	250.63	291.68	337.89
Total Current Liabilities	1,420	1,560	1,433	1,477	1,339	1,536
Long-Term Leases	22.43	22.62	38.29	28.86	41	56.45
Long-Term Unearned Revenue	-	-	-	-	0.2	0.25
Long-Term Deferred Tax Liabilities	8.89	8.39	11.53	15.22	18.48	24.59
Other Long-Term Liabilities	6.94	7.13	6.4	7.37	14.13	14.85
Total Liabilities	1,459	1,599	1,489	1,528	1,412	1,633
Common Stock	2,729	2,729	2,729	2,729	2,099	1,500
Additional Paid-In Capital	2,733	2,785	2,783	2,774	3,382	3,991
Retained Earnings	1,097	1,074	1,267	1,565	1,670	2,494
Comprehensive Income & Other	133.62	278.06	317.84	277.75	255.23	75.71
Total Common Equity	6,694	6,866	7,097	7,347	7,406	8,061
Minority Interest	640.7	893.34	861.4	817.56	772.28	809.81
Shareholders' Equity	7,334	7,759	7,958	8,164	8,179	8,870
Total Liabilities & Equity	8,793	9,358	9,447	9,692	9,591	10,503
Total Debt	58.9	63.7	58.32	57.71	63.33	83.13
Net Cash (Debt)	3,456	3,978	4,198	4,492	4,711	5,106
Net Cash Growth	-13.84%	-5.22%	-6.55%	-4.64%	-7.75%	-2.35%
Net Cash Per Share	1.25	1.44	1.48	1.72	1.69	1.89
Filing Date Shares Outstanding	2,729	2,729	2,729	2,729	2,729	2,729
Total Common Shares Outstanding	2,729	2,729	2,729	2,729	2,729	2,729
Working Capital	3,307	3,687	4,080	4,324	4,492	4,902
Book Value Per Share	2.45	2.52	2.60	2.69	2.71	2.95
Tangible Book Value	3,499	3,639	4,119	4,553	4,855	5,174
Tangible Book Value Per Share	1.28	1.33	1.51	1.67	1.78	1.90
Buildings	-	842.47	817.88	815.92	696.9	529.62
Machinery	-	176.97	176.74	173.24	164.12	158.65
Construction In Progress	-	0.9	27.77	24.2	113.53	220.38

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