SHE:002160 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	789.22	630.15	642.52	572.64	1,376	592.08
Trading Asset Securities	1.47	1.47	1.96	1.74	1.74	1.74
Cash & Short-Term Investments	790.69	631.62	644.48	574.39	1,377	593.82
Cash Growth	39.34%	-1.99%	12.20%	-58.30%	131.97%	10.42%
Accounts Receivable	2,546	2,722	2,323	1,968	1,943	1,840
Other Receivables	54.95	50.77	101.98	97.21	83.26	67.03
Receivables	2,601	2,772	2,425	2,065	2,026	1,907
Inventory	2,759	2,046	2,172	2,261	2,140	1,670
Prepaid Expenses	-	-	157.9	100.9	83.06	73.74
Other Current Assets	286.56	246.44	77.93	91.9	121.08	79.37
Total Current Assets	6,438	5,697	5,477	5,093	5,747	4,325
Property, Plant & Equipment	2,302	2,310	2,222	1,919	1,755	1,742
Long-Term Investments	43.22	43.22	43.51	43.51	53.51	53.51
Goodwill	531.59	531.59	531.59	531.59	531.59	731.04
Other Intangible Assets	151.05	152.1	148.7	139.91	149.33	156.42
Long-Term Accounts Receivable	-	-	32.43	-	-	-
Long-Term Deferred Tax Assets	45.55	45.53	35.44	47.22	48.2	43.06
Long-Term Deferred Charges	3.63	4.33	5.33	10.73	9.29	13.55
Other Long-Term Assets	49.23	76.23	39.22	99.36	77.89	36.02
Total Assets	9,564	8,860	8,536	7,885	8,372	7,101
Accounts Payable	1,294	1,109	1,053	937.05	986.27	982.15
Accrued Expenses	48.54	97.27	106.68	45.32	44.1	44.4
Short-Term Debt	1,154	822.05	1,361	922.09	2,498	1,692
Current Portion of Long-Term Debt	-	262.58	77.6	119.5	118.79	178.5
Current Portion of Leases	-	-	41.29	96.45	155.47	163.59
Current Income Taxes Payable	27.81	31.6	29.75	12.36	8.7	9.08
Current Unearned Revenue	471.71	364.52	522.59	467.01	482.51	272.29
Other Current Liabilities	370.82	91.76	155.37	121.91	170.57	133.54
Total Current Liabilities	3,366	2,779	3,348	2,722	4,465	3,475
Long-Term Debt	2,249	2,125	1,370	1,405	78.5	126.83
Long-Term Leases	5.08	4.9	6.02	37.79	145.18	259.57
Long-Term Unearned Revenue	73.08	74.34	74.05	67.17	68.98	71.21
Long-Term Deferred Tax Liabilities	5.12	4.76	4.5	6.41	5.92	6.37
Other Long-Term Liabilities	55.22	78.77	28.8	21.21	18.18	10.44
Total Liabilities	5,754	5,067	4,831	4,259	4,781	3,950
Common Stock	1,033	1,033	1,033	1,033	1,033	795.58
Additional Paid-In Capital	2,916	2,916	2,916	2,917	2,917	2,339
Retained Earnings	-185.98	-198.69	-268.23	-346.07	-361.17	13.19
Comprehensive Income & Other	7.55	3.33	1.39	12.4	-3.14	1.66
Total Common Equity	3,771	3,754	3,682	3,616	3,585	3,149
Minority Interest	39.48	39.98	22.86	9.68	4.95	1.66
Shareholders' Equity	3,810	3,794	3,705	3,626	3,590	3,151
Total Liabilities & Equity	9,564	8,860	8,536	7,885	8,372	7,101
Total Debt	3,407	3,214	2,856	2,580	2,996	2,420
Net Cash (Debt)	-2,617	-2,583	-2,211	-2,006	-1,619	-1,826
Net Cash Per Share	-2.53	-2.50	-2.14	-1.94	-2.03	-2.30
Filing Date Shares Outstanding	1,033	1,031	1,033	1,033	1,033	795.58
Total Common Shares Outstanding	1,033	1,031	1,033	1,033	1,033	795.58
Working Capital	3,071	2,918	2,130	2,371	1,283	849.56
Book Value Per Share	3.65	3.64	3.57	3.50	3.47	3.96
Tangible Book Value	3,088	3,070	3,002	2,944	2,904	2,262
Tangible Book Value Per Share	2.99	2.98	2.91	2.85	2.81	2.84
Buildings	-	-	865.43	779.19	777.2	765.57
Machinery	-	-	2,116	1,964	1,890	1,794
Construction In Progress	-	-	391.27	233.34	64.79	69.48

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