SHE:002158 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	645.63	711.69	689.56	1,447	1,412	1,035
Short-Term Investments	-	-	148.74	22.1	76.26	31.86
Trading Asset Securities	1,132	1,112	774.23	767.92	677.21	868.73
Cash & Short-Term Investments	1,778	1,824	1,613	2,237	2,165	1,935
Cash Growth	-3.74%	13.08%	-27.92%	3.33%	11.87%	24.71%
Accounts Receivable	976.46	995.51	1,063	1,205	935.52	576.57
Other Receivables	10	8.05	19.84	8	12.25	8.13
Receivables	986.47	1,004	1,158	1,336	988.88	589.83
Inventory	695.4	692.16	818.86	1,193	901.89	727.46
Other Current Assets	629.39	688.05	21.62	26.63	15.51	44.55
Total Current Assets	4,089	4,207	3,611	4,792	4,071	3,297
Property, Plant & Equipment	1,132	1,151	1,179	1,190	1,078	1,042
Long-Term Investments	301.64	298.46	1,002	325.84	86.4	120.51
Other Intangible Assets	152.61	155.28	159.8	119.17	122.03	118.9
Long-Term Deferred Tax Assets	42.42	44.05	35.88	63.8	54.88	50.99
Long-Term Deferred Charges	11.13	10.96	8.32	11.07	10.42	5.42
Other Long-Term Assets	500.77	384.66	38.85	82.79	121.04	65.71
Total Assets	6,230	6,252	6,036	6,585	5,544	4,701
Accounts Payable	824.75	830.41	797.59	1,190	1,006	790.78
Accrued Expenses	63.22	107.21	144.53	162.69	140.47	137.77
Short-Term Debt	532.83	550.58	469.67	747.39	775.38	711.54
Current Portion of Long-Term Debt	15.68	19.57	48.2	6.93	61.75	28.79
Current Portion of Leases	-	-	6.08	4.55	3.65	4.33
Current Income Taxes Payable	18.35	20.19	17.57	63.05	72.33	50.12
Current Unearned Revenue	145.34	176.37	117.46	331.96	140.29	74.62
Other Current Liabilities	33.1	36.53	25.41	45.89	19.45	8.88
Total Current Liabilities	1,633	1,741	1,627	2,553	2,219	1,807
Long-Term Debt	19.94	20.58	64.46	207.58	155.19	173.42
Long-Term Leases	56.41	57.14	63.99	50.75	36.25	39.39
Long-Term Unearned Revenue	16.23	17.14	19.66	20.16	21.49	18.82
Pension & Post-Retirement Benefits	-	-	17.94	19.66	19.21	19.59
Long-Term Deferred Tax Liabilities	-	-	0.34	7.67	18.6	12.35
Other Long-Term Liabilities	17.23	17.74	-	-	-	-
Total Liabilities	1,743	1,853	1,793	2,859	2,470	2,070
Common Stock	534.72	534.72	534.72	534.72	534.72	534.72
Additional Paid-In Capital	442.7	442.7	442.7	442.7	442.7	442.7
Retained Earnings	3,533	3,411	3,253	2,700	2,071	1,619
Comprehensive Income & Other	-49.54	-16.11	-10.29	28.3	7.8	17.7
Total Common Equity	4,461	4,373	4,220	3,706	3,056	2,614
Minority Interest	25.7	25.74	22.85	20.42	18.34	16.42
Shareholders' Equity	4,487	4,399	4,243	3,727	3,074	2,630
Total Liabilities & Equity	6,230	6,252	6,036	6,585	5,544	4,701
Total Debt	624.86	647.88	652.39	1,017	1,032	957.47
Net Cash (Debt)	1,153	1,176	960.14	1,220	1,133	978.01
Net Cash Growth	-3.90%	22.45%	-21.30%	7.69%	15.84%	26.52%
Net Cash Per Share	2.16	2.20	1.80	2.28	2.12	1.83
Filing Date Shares Outstanding	534.66	534.72	534.72	534.72	534.72	534.72
Total Common Shares Outstanding	534.66	534.72	534.72	534.72	534.72	534.72
Working Capital	2,456	2,466	1,985	2,239	1,853	1,490
Book Value Per Share	8.34	8.18	7.89	6.93	5.71	4.89
Tangible Book Value	4,308	4,218	4,060	3,587	2,934	2,495
Tangible Book Value Per Share	8.06	7.89	7.59	6.71	5.49	4.67
Buildings	-	-	850.65	815.06	592.41	582.6
Machinery	-	-	1,329	1,267	1,155	1,105
Construction In Progress	-	-	23.39	51.84	197.52	131.76

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