SHE:002169 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	596.38	503.11	880.35	1,006	721.03	418.31
Trading Asset Securities	46.07	35.74	-	10.07	51.43	71.58
Cash & Short-Term Investments	642.46	538.85	880.35	1,016	772.46	489.88
Cash Growth	-0.18%	-38.79%	-13.38%	31.57%	57.68%	-10.99%
Accounts Receivable	2,418	2,230	1,923	2,006	1,484	1,502
Other Receivables	39.01	34.09	61.65	49.15	45.19	32.31
Receivables	2,457	2,264	1,984	2,055	1,530	1,535
Inventory	1,129	954	678.05	601.37	504.99	540.81
Prepaid Expenses	-	-	-	-	0.38	0.51
Other Current Assets	376.81	368.25	209.18	126.11	122.93	204.18
Total Current Assets	4,605	4,125	3,752	3,799	2,930	2,770
Property, Plant & Equipment	3,438	3,439	2,860	2,366	1,307	1,255
Long-Term Investments	1,459	1,460	1,160	1,261	1,619	1,508
Goodwill	3.44	3.44	19.35	19.35	27.44	46.99
Other Intangible Assets	438.2	445.65	722.77	715.12	423.34	469.42
Long-Term Deferred Tax Assets	195.88	179	127.37	86.12	85.3	90.23
Long-Term Deferred Charges	1.71	1.82	3.18	3.91	4.97	19.25
Other Long-Term Assets	315.1	320.99	51.96	51.65	44.08	34.76
Total Assets	10,456	9,975	8,697	8,303	6,441	6,194
Accounts Payable	2,250	2,241	1,710	1,903	1,020	848.03
Accrued Expenses	35.79	140	84.09	86.59	77.33	49.63
Short-Term Debt	1,336	854.9	1,378	1,436	936.3	983.67
Current Portion of Long-Term Debt	1,111	281.42	184.66	21.68	287.12	39.21
Current Portion of Leases	-	2.69	2.02	2.96	3.75	1.5
Current Income Taxes Payable	68.47	19.26	13.68	4.78	7.44	2.95
Current Unearned Revenue	434.79	460.88	212.65	174.99	146.26	125.2
Other Current Liabilities	237.1	1,072	184.97	438.86	133.01	205.42
Total Current Liabilities	5,474	5,073	3,770	4,069	2,612	2,256
Long-Term Debt	1,518	1,380	914.92	444.11	30.18	344
Long-Term Leases	10.86	11.14	9.46	11.11	15.94	2.55
Long-Term Unearned Revenue	55.09	49.67	31.2	20.58	22.85	25.15
Long-Term Deferred Tax Liabilities	202.2	204.07	155.05	172.08	201.65	158.1
Other Long-Term Liabilities	77.34	93.03	878.87	282.37	130.8	55.18
Total Liabilities	7,337	6,811	5,760	4,999	3,013	2,841
Common Stock	782.7	782.7	782.7	787.79	787.79	787.79
Additional Paid-In Capital	1,632	1,646	1,632	1,619	1,600	1,541
Retained Earnings	444.03	421.24	348.33	753.06	988.75	1,024
Treasury Stock	-33.98	-33.98	-59.47	-84.95	-84.95	-96.43
Comprehensive Income & Other	-28.7	30.38	-7.38	5.99	22.17	2.13
Total Common Equity	2,796	2,846	2,696	3,081	3,314	3,258
Minority Interest	322.97	318.36	240.39	223.37	114.25	95.48
Shareholders' Equity	3,119	3,164	2,937	3,304	3,428	3,353
Total Liabilities & Equity	10,456	9,975	8,697	8,303	6,441	6,194
Total Debt	3,977	2,530	2,489	1,915	1,273	1,371
Net Cash (Debt)	-3,334	-1,991	-1,609	-899.05	-500.82	-881.05
Net Cash Per Share	-4.31	-2.58	-2.09	-1.17	-0.65	-1.14
Filing Date Shares Outstanding	775.36	770.77	773.99	769.83	769.83	769.83
Total Common Shares Outstanding	775.36	770.77	773.99	769.83	769.83	769.83
Working Capital	-868.34	-947.55	-18.51	-269.26	318.78	514.38
Book Value Per Share	3.61	3.69	3.48	4.00	4.30	4.23
Tangible Book Value	2,354	2,397	1,954	2,346	2,863	2,741
Tangible Book Value Per Share	3.04	3.11	2.52	3.05	3.72	3.56
Buildings	-	1,414	1,214	763.9	618.66	616.03
Machinery	-	1,876	1,886	1,258	1,532	1,597
Construction In Progress	-	1,189	686.31	1,157	161.1	38.41

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