SHE:002182 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	342.55	376.66	245.22	372.54	272.35	244.06
Trading Asset Securities	-	115.53	-	0.14	2.14	0.25
Cash & Short-Term Investments	342.55	492.19	245.22	372.68	274.49	244.31
Cash Growth	-6.69%	100.72%	-34.20%	35.77%	12.35%	0.03%
Accounts Receivable	2,668	3,167	2,520	2,046	1,813	2,098
Other Receivables	126.55	125.37	308.91	260.88	198.74	253.82
Receivables	2,794	3,292	2,829	2,307	2,012	2,352
Inventory	1,629	1,557	1,488	1,258	1,349	1,103
Prepaid Expenses	-	-	40.98	36.36	25.98	124.62
Other Current Assets	369.89	372.83	115.96	138.17	177.24	306.22
Total Current Assets	5,136	5,714	4,719	4,113	3,838	4,130
Property, Plant & Equipment	6,245	6,175	6,513	5,019	3,359	2,320
Long-Term Investments	1,109	1,131	1,245	1,257	778.08	302.91
Goodwill	94.35	94.35	94.35	94.35	94.35	94.35
Other Intangible Assets	1,871	1,877	717.48	319.19	298.73	219.09
Long-Term Deferred Tax Assets	85.12	83.51	101.79	83.79	44.41	16.8
Long-Term Deferred Charges	11.47	10.84	19.31	25.34	16.14	17.96
Other Long-Term Assets	209.3	141.64	141.92	605.94	634.98	308.91
Total Assets	14,762	15,228	13,552	11,518	9,064	7,410
Accounts Payable	1,136	1,217	996.03	900.54	1,128	942.35
Accrued Expenses	76.52	85.75	91.88	74.07	78.79	90.92
Short-Term Debt	3,803	4,188	2,707	2,291	2,484	1,851
Current Portion of Long-Term Debt	797.14	961.49	987.28	725.64	325.47	-
Current Portion of Leases	-	-	5.26	3.92	4.34	-
Current Income Taxes Payable	37.92	35.09	10.27	25.21	17.02	26.35
Current Unearned Revenue	34.5	23.35	31.09	38.68	25.78	22.19
Other Current Liabilities	24.79	26.92	66.03	33.03	102.52	77.76
Total Current Liabilities	5,911	6,538	4,895	4,092	4,167	3,011
Long-Term Debt	2,488	2,316	2,243	1,129	110	240.29
Long-Term Leases	9.23	7.9	3.64	6.37	4.84	4.56
Long-Term Unearned Revenue	144.01	150.83	156.81	154.56	92.67	96.17
Long-Term Deferred Tax Liabilities	1.27	1.36	25.53	16.94	12.55	3.04
Other Long-Term Liabilities	81.11	81.02	60.65	60.73	60.48	69.94
Total Liabilities	8,635	9,095	7,385	5,459	4,447	3,425
Common Stock	991.79	991.79	991.79	708.42	646.42	646.42
Additional Paid-In Capital	1,643	1,643	1,642	1,642	607.88	607.88
Retained Earnings	2,642	2,637	2,705	2,921	2,679	2,133
Comprehensive Income & Other	4.47	3.81	-1.12	-1	0.27	0.47
Total Common Equity	5,281	5,276	5,338	5,271	3,934	3,388
Minority Interest	845.64	857.21	828.78	787.96	682.98	597.26
Shareholders' Equity	6,127	6,133	6,167	6,059	4,617	3,985
Total Liabilities & Equity	14,762	15,228	13,552	11,518	9,064	7,410
Total Debt	7,098	7,473	5,947	4,155	2,929	2,096
Net Cash (Debt)	-6,756	-6,981	-5,702	-3,783	-2,655	-1,852
Net Cash Per Share	-6.80	-7.04	-5.75	-4.05	-2.93	-2.05
Filing Date Shares Outstanding	997.87	993.56	991.79	991.79	904.99	904.99
Total Common Shares Outstanding	997.87	993.56	991.79	991.79	904.99	904.99
Working Capital	-774.74	-823.57	-175.91	20.89	-328.4	1,120
Book Value Per Share	5.29	5.31	5.38	5.31	4.35	3.74
Tangible Book Value	3,316	3,304	4,526	4,857	3,541	3,075
Tangible Book Value Per Share	3.32	3.33	4.56	4.90	3.91	3.40
Buildings	-	-	1,865	1,610	1,305	764.09
Machinery	-	-	4,235	3,633	3,057	2,219
Construction In Progress	-	-	2,582	1,600	586.39	694.44

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