SHE:002179 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	4,861	7,305	9,165	9,886	9,952	8,303
Trading Asset Securities	2.24	2.42	1.74	0.81	0.88	1.41
Cash & Short-Term Investments	4,863	7,308	9,167	9,887	9,953	8,305
Cash Growth	-34.63%	-20.28%	-7.29%	-0.66%	19.85%	81.27%
Accounts Receivable	17,702	17,432	16,757	13,208	10,360	9,330
Other Receivables	34.65	36.8	28.72	50.22	39.98	23.82
Receivables	17,736	17,469	16,785	13,258	10,400	9,354
Inventory	6,478	6,097	4,699	4,190	5,416	4,730
Prepaid Expenses	-	4.13	4.04	3.39	5.5	7.04
Other Current Assets	539.42	411.7	387.94	261.29	435.86	248.43
Total Current Assets	29,617	31,289	31,043	27,600	26,210	22,644
Property, Plant & Equipment	9,613	9,561	8,572	6,373	4,468	3,314
Long-Term Investments	409.35	362.72	349	370.58	237.57	191.85
Goodwill	69.12	69.12	69.12	69.12	69.12	69.12
Other Intangible Assets	804.12	792.2	776.63	784.31	605.53	555.4
Long-Term Deferred Tax Assets	343.34	336.91	295.66	244.84	172.59	134.69
Long-Term Deferred Charges	32.35	34.78	33.82	31.85	8.9	10.12
Other Long-Term Assets	66.8	81.13	107.58	95.7	58.5	68.09
Total Assets	40,954	42,527	41,247	35,570	31,830	26,987
Accounts Payable	10,808	12,797	11,888	8,594	7,657	7,265
Accrued Expenses	396.94	620.12	980.55	894.14	623.68	350.28
Short-Term Debt	354.54	165.18	375.58	606.5	438.01	325.4
Current Portion of Long-Term Debt	683.86	651.22	15.04	11.3	671.5	26.91
Current Portion of Leases	-	38.36	45.63	36.8	32.7	22.75
Current Income Taxes Payable	96.95	22.23	26.88	6.6	15.38	7.99
Current Unearned Revenue	404.4	414.31	278.18	445.42	893.74	1,030
Other Current Liabilities	706.88	728.55	1,107	1,904	2,308	976.46
Total Current Liabilities	13,451	15,437	14,716	12,498	12,640	10,005
Long-Term Debt	320.35	319.35	754.52	584.25	40	708.03
Long-Term Leases	125.98	120.84	153.16	75.02	70.18	64.01
Long-Term Unearned Revenue	230.16	238.63	234.83	271.59	472.68	225.24
Long-Term Deferred Tax Liabilities	339.13	341.28	185.06	151.32	144.66	109.09
Other Long-Term Liabilities	-87.8	-66.55	-50.05	-24.98	-40.88	-20.34
Total Liabilities	14,379	16,390	15,994	13,555	13,327	11,091
Common Stock	2,100	2,100	2,118	2,120	1,631	1,136
Additional Paid-In Capital	7,203	7,203	7,705	7,384	7,490	6,519
Retained Earnings	15,442	15,043	14,541	12,459	10,017	7,934
Treasury Stock	-151	-150	-819.34	-1,516	-1,781	-704.81
Comprehensive Income & Other	78.99	71.29	51.99	48.97	45.74	40.04
Total Common Equity	24,673	24,268	23,598	20,496	17,403	14,924
Minority Interest	1,902	1,869	1,655	1,518	1,100	972.05
Shareholders' Equity	26,575	26,137	25,253	22,014	18,503	15,897
Total Liabilities & Equity	40,954	42,527	41,247	35,570	31,830	26,987
Total Debt	1,485	1,295	1,344	1,314	1,252	1,147
Net Cash (Debt)	3,378	6,013	7,823	8,573	8,701	7,158
Net Cash Growth	-45.21%	-23.14%	-8.76%	-1.47%	21.56%	125.78%
Net Cash Per Share	1.60	2.84	3.68	4.01	4.20	3.56
Filing Date Shares Outstanding	2,095	2,113	2,066	2,040	2,122	2,049
Total Common Shares Outstanding	2,095	2,096	2,066	2,040	2,122	2,049
Working Capital	16,166	15,853	16,327	15,102	13,570	12,639
Book Value Per Share	11.78	11.58	11.42	10.05	8.20	7.28
Tangible Book Value	23,800	23,407	22,752	19,643	16,728	14,300
Tangible Book Value Per Share	11.36	11.17	11.01	9.63	7.88	6.98
Buildings	-	7,250	5,115	3,335	2,456	2,045
Machinery	-	3,637	2,972	2,314	1,761	1,491
Construction In Progress	-	702.6	1,890	1,793	1,143	507.44

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