SHE:002156 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	4,828	5,410	4,232	4,468	4,242	4,181
Trading Asset Securities	92.63	-	-	3.61	136.99	-
Cash & Short-Term Investments	4,921	5,410	4,232	4,471	4,379	4,181
Cash Growth	16.58%	27.85%	-5.36%	2.11%	4.74%	-20.39%
Accounts Receivable	5,520	5,216	5,854	4,028	4,740	2,391
Other Receivables	109.76	500.68	442.79	442.59	93.12	4.67
Receivables	5,630	5,717	6,297	4,471	4,833	2,395
Inventory	4,811	4,220	3,347	3,142	3,477	2,112
Prepaid Expenses	-	0.12	0.02	0.03	0.02	0.01
Other Current Assets	550.65	218.52	129.48	99.66	445.04	457.29
Total Current Assets	15,912	15,565	14,005	12,184	13,133	9,145
Property, Plant & Equipment	27,829	26,491	21,727	19,476	19,535	15,645
Long-Term Investments	2,685	2,450	1,048	522.47	483.19	228.33
Goodwill	1,130	1,164	1,151	1,117	1,095	964.39
Other Intangible Assets	523.1	542.65	344.81	327.05	359.26	318.35
Long-Term Deferred Tax Assets	318.48	322.66	332.64	432.78	521.69	366.9
Long-Term Deferred Charges	387.98	393.84	355.53	296.26	13.4	7.13
Other Long-Term Assets	440.77	336.62	375.36	522.01	494.62	425.31
Total Assets	49,226	47,266	39,340	34,878	35,635	27,101
Accounts Payable	7,708	7,119	5,699	3,815	6,032	4,068
Accrued Expenses	319.1	756.21	608.4	477.28	536.76	531.14
Short-Term Debt	3,934	4,198	3,543	3,860	4,249	3,636
Current Portion of Long-Term Debt	7,260	5,553	4,087	3,966	1,615	1,248
Current Portion of Leases	-	-	24.43	5.7	80.05	109.84
Current Income Taxes Payable	131.04	85	13.56	5.1	5.03	4.6
Current Unearned Revenue	220.44	219.35	103.22	275.48	567.5	412.17
Other Current Liabilities	2,006	960.16	1,246	582.62	661.8	249.18
Total Current Liabilities	21,578	18,890	15,324	12,987	13,748	10,258
Long-Term Debt	8,936	9,826	7,371	6,003	6,026	4,207
Long-Term Leases	-	-	-	-	-	79.79
Long-Term Unearned Revenue	745.1	780.62	590.41	565.56	400.82	388.07
Long-Term Deferred Tax Liabilities	699.7	628.38	343.51	196.58	262.88	166.57
Other Long-Term Liabilities	-	-	-	431.98	638.36	978.92
Total Liabilities	31,959	30,125	23,629	20,184	21,076	16,079
Common Stock	1,518	1,518	1,518	1,517	1,513	1,329
Additional Paid-In Capital	9,377	9,463	9,463	9,437	9,371	6,849
Retained Earnings	4,826	4,497	3,597	2,937	2,915	2,415
Treasury Stock	-	-	-	-21.3	-35.65	-50
Comprehensive Income & Other	-61.99	16.58	113.43	46.89	68.73	-101.19
Total Common Equity	15,658	15,494	14,691	13,917	13,832	10,442
Minority Interest	1,609	1,647	1,020	776.7	727.85	580.41
Shareholders' Equity	17,268	17,141	15,711	14,694	14,559	11,022
Total Liabilities & Equity	49,226	47,266	39,340	34,878	35,635	27,101
Total Debt	20,129	19,576	15,025	13,834	11,970	9,280
Net Cash (Debt)	-15,209	-14,166	-10,793	-9,363	-7,591	-5,100
Net Cash Per Share	-9.98	-9.30	-7.17	-6.08	-5.60	-3.84
Filing Date Shares Outstanding	1,518	1,518	1,518	1,514	1,507	1,323
Total Common Shares Outstanding	1,518	1,518	1,518	1,514	1,507	1,323
Working Capital	-5,666	-3,325	-1,319	-803	-614.63	-1,113
Book Value Per Share	10.32	10.21	9.68	9.19	9.18	7.89
Tangible Book Value	14,006	13,787	13,195	12,473	12,377	9,159
Tangible Book Value Per Share	9.23	9.08	8.69	8.24	8.21	6.92
Buildings	-	5,435	4,500	3,428	3,406	2,794
Machinery	-	38,415	31,153	27,038	22,992	18,665
Construction In Progress	-	3,117	3,679	3,542	4,370	2,420

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