SHE:002204 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,179	3,408	2,657	2,158	2,668	2,637
Short-Term Investments	-	-	-	-	-	100.21
Trading Asset Securities	800.67	-	1,054	793.46	400.31	49.98
Cash & Short-Term Investments	3,980	3,408	3,711	2,951	3,069	2,787
Cash Growth	48.33%	-8.16%	25.72%	-3.82%	10.10%	32.54%
Accounts Receivable	9,629	9,740	9,154	8,166	7,214	6,664
Other Receivables	110.79	94.94	103.13	134.5	130.27	121.6
Receivables	9,740	9,835	9,257	8,300	7,344	6,786
Inventory	5,919	6,174	6,054	6,119	6,369	5,193
Prepaid Expenses	-	0.7	0.63	1.99	0.34	0.17
Other Current Assets	1,532	1,340	1,084	1,186	1,118	1,251
Total Current Assets	21,171	20,758	20,107	18,559	17,900	16,017
Property, Plant & Equipment	4,712	4,701	4,685	4,314	2,436	2,423
Long-Term Investments	68.38	68.06	66.99	69.39	72.44	103.07
Other Intangible Assets	443.36	447.75	440.33	435.45	449.66	460.78
Long-Term Accounts Receivable	-	562.31	535.13	405.45	410.54	360.3
Long-Term Deferred Tax Assets	391.61	401.85	416.81	416.94	397.33	376.95
Long-Term Deferred Charges	1.41	1.73	3.01	1.73	2.43	2.5
Other Long-Term Assets	656.08	89.09	72.4	80.78	5.72	-
Total Assets	27,444	27,029	26,326	24,283	21,675	19,743
Accounts Payable	10,497	10,475	9,399	7,792	6,464	6,213
Accrued Expenses	101.02	362.73	344.75	329.46	298.63	278.61
Short-Term Debt	19.86	19.86	28.42	-	9.96	-
Current Portion of Long-Term Debt	632.46	331.2	100	135	0.28	-
Current Portion of Leases	-	5.02	1	3.92	3.79	-
Current Income Taxes Payable	99.34	35.08	21.68	5.89	4.02	5.37
Current Unearned Revenue	6,200	5,884	6,657	6,758	6,783	5,661
Other Current Liabilities	404.83	420.4	370.08	554.3	479.16	538.18
Total Current Liabilities	17,954	17,534	16,922	15,579	14,043	12,695
Long-Term Debt	874.79	1,107	1,507	1,105	400	-
Long-Term Leases	4.67	4.43	1.09	0.55	4.31	-
Long-Term Unearned Revenue	102.67	104.79	93.48	108.41	104.66	112.84
Long-Term Deferred Tax Liabilities	6.92	6.63	5.99	6.73	6.98	-
Other Long-Term Liabilities	457.74	446.24	468.51	505.32	447.99	460.56
Total Liabilities	19,401	19,203	18,997	17,305	15,007	13,269
Common Stock	1,931	1,931	1,931	1,931	1,931	1,931
Additional Paid-In Capital	2,330	2,330	2,329	2,329	2,329	2,419
Retained Earnings	3,925	3,716	3,229	2,798	2,493	2,263
Treasury Stock	-84.62	-84.62	-84.62	-	-	-
Comprehensive Income & Other	-58.38	-66.08	-76.26	-80.57	-85.92	-52.27
Total Common Equity	8,043	7,827	7,329	6,978	6,668	6,561
Minority Interest	-	-	-	-	-	-86.24
Shareholders' Equity	8,043	7,827	7,329	6,978	6,668	6,475
Total Liabilities & Equity	27,444	27,029	26,326	24,283	21,675	19,743
Total Debt	1,532	1,467	1,637	1,244	418.34	-
Net Cash (Debt)	2,448	1,940	2,074	1,707	2,650	2,787
Net Cash Growth	143.95%	-6.42%	21.46%	-35.59%	-4.91%	46.46%
Net Cash Per Share	1.28	1.01	1.08	0.88	1.37	1.44
Filing Date Shares Outstanding	1,912	1,912	1,912	1,919	1,931	1,931
Total Common Shares Outstanding	1,912	1,912	1,912	1,931	1,931	1,931
Working Capital	3,217	3,224	3,185	2,980	3,857	3,322
Book Value Per Share	4.21	4.09	3.83	3.61	3.45	3.40
Tangible Book Value	7,599	7,379	6,889	6,543	6,218	6,100
Tangible Book Value Per Share	3.97	3.86	3.60	3.39	3.22	3.16
Buildings	-	4,126	4,108	3,040	2,912	2,874
Machinery	-	5,042	4,871	3,791	3,611	3,591
Construction In Progress	-	130.74	78.25	1,713	63.07	23.31

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