SHE:002208 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	3,954	3,312	5,365	4,326	4,701	3,571
Short-Term Investments	-	-	-	317.25	15	55
Trading Asset Securities	-	-	-	40.03	-	-
Cash & Short-Term Investments	3,954	3,312	5,365	4,684	4,716	3,626
Cash Growth	6.90%	-38.26%	14.55%	-0.69%	30.08%	9.61%
Accounts Receivable	635.41	529.25	374.65	334.05	324.26	78.04
Other Receivables	2,748	2,722	2,855	2,696	2,070	235.04
Receivables	3,383	3,251	3,230	3,030	2,394	313.08
Inventory	19,493	21,118	22,893	24,974	23,069	16,234
Prepaid Expenses	-	431.44	350.29	262.53	75.81	10.29
Other Current Assets	1,705	1,459	3,094	2,610	1,631	817.54
Total Current Assets	28,535	29,572	34,932	35,560	31,886	21,000
Property, Plant & Equipment	149.64	146.54	147.01	165.46	128.5	114.12
Long-Term Investments	795.73	697.96	898.87	443.55	453.44	408.87
Goodwill	0.13	0.13	0.13	0.13	0.13	0.16
Other Intangible Assets	10.57	11.09	11.02	11.88	2.15	2.63
Long-Term Accounts Receivable	-	79.66	99.76	58.73	9.1	17.61
Long-Term Deferred Tax Assets	241.41	218.83	150.87	137.62	68.78	38.48
Long-Term Deferred Charges	6.57	7.35	12.02	9.26	10.33	3.6
Other Long-Term Assets	2,560	2,518	2,474	1,002	890.4	971.51
Total Assets	32,299	33,251	38,726	37,389	33,449	22,557
Accounts Payable	1,975	2,462	2,442	1,979	1,666	1,034
Accrued Expenses	33.37	159.71	229.74	452.15	597.02	1,205
Short-Term Debt	732.09	732.33	1,383	500.58	651	150.23
Current Portion of Long-Term Debt	2,229	1,813	1,560	1,165	1,439	780.29
Current Income Taxes Payable	190.61	36.07	48.8	54.6	86.15	67.45
Current Unearned Revenue	4,265	5,684	12,219	12,555	9,525	5,671
Other Current Liabilities	2,848	2,916	3,763	3,015	2,667	3,896
Total Current Liabilities	12,273	13,804	21,645	19,722	16,632	12,804
Long-Term Debt	10,519	9,981	7,298	6,939	7,383	2,612
Long-Term Unearned Revenue	28.34	29.42	27.82	24.44	25.29	16.32
Long-Term Deferred Tax Liabilities	1.31	1.31	1.31	1.32	2.14	13.87
Other Long-Term Liabilities	-	-	0.7	0.71	0.72	0.97
Total Liabilities	22,821	23,816	28,973	26,688	24,043	15,447
Common Stock	803.29	803.29	803.29	803.29	803.29	803.29
Additional Paid-In Capital	1,792	1,792	1,792	1,792	1,792	1,792
Retained Earnings	3,327	3,352	3,872	3,997	3,818	3,564
Total Common Equity	5,923	5,948	6,468	6,593	6,414	6,160
Minority Interest	3,555	3,488	3,285	4,108	2,993	950.34
Shareholders' Equity	9,478	9,435	9,753	10,701	9,406	7,110
Total Liabilities & Equity	32,299	33,251	38,726	37,389	33,449	22,557
Total Debt	13,480	12,527	10,241	8,605	9,473	3,543
Net Cash (Debt)	-9,527	-9,214	-4,876	-3,922	-4,757	83.05
Net Cash Per Share	-12.26	-11.51	-6.03	-4.83	-5.98	0.10
Filing Date Shares Outstanding	829.82	803.29	803.29	803.29	803.29	803.29
Total Common Shares Outstanding	829.82	803.29	803.29	803.29	803.29	803.29
Working Capital	16,262	15,768	13,287	15,838	15,254	8,196
Book Value Per Share	7.14	7.40	8.05	8.21	7.98	7.67
Tangible Book Value	5,912	5,936	6,457	6,581	6,411	6,157
Tangible Book Value Per Share	7.12	7.39	8.04	8.19	7.98	7.66
Buildings	-	167.41	167.83	160.94	130.13	113.19
Machinery	-	34.24	34.55	37.06	37.72	34.22
Construction In Progress	-	3.29	0.11	18.17	5.44	6.46

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