SHE:002226 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	2,197	2,119	1,931	1,941	2,391	1,883
Trading Asset Securities	409.23	344.61	359.94	285.8	343.37	291.18
Cash & Short-Term Investments	2,606	2,463	2,291	2,226	2,735	2,174
Cash Growth	11.25%	7.53%	2.89%	-18.59%	25.77%	16.59%
Accounts Receivable	5,629	5,512	4,827	4,100	3,433	3,153
Other Receivables	368.17	286.53	338.97	252.04	246.21	256.84
Receivables	5,997	5,799	5,166	4,352	3,679	3,410
Inventory	1,273	956.13	813.32	586.87	530.12	393.57
Prepaid Expenses	-	-	3.16	2.46	4.4	6.23
Other Current Assets	791.39	680.91	631.75	435.56	489.45	649.1
Total Current Assets	10,668	9,899	8,905	7,603	7,437	6,633
Property, Plant & Equipment	8,019	7,550	7,230	6,869	6,896	6,558
Long-Term Investments	213.21	147.18	137.25	106.17	142.33	189.61
Goodwill	1,739	1,176	1,005	689.39	718.86	730.79
Other Intangible Assets	1,333	1,002	921.37	699.65	734.99	715.58
Long-Term Deferred Tax Assets	111.14	107.95	113.59	102.18	100.13	103.74
Long-Term Deferred Charges	191.26	168.71	155.53	156.91	128.84	81.97
Other Long-Term Assets	418.99	1,678	311	523.36	428.57	272.09
Total Assets	22,694	21,730	18,778	16,749	16,587	15,285
Accounts Payable	2,134	1,783	1,488	1,253	1,139	688.84
Accrued Expenses	178.47	177.25	275.1	290.09	292.01	211.92
Short-Term Debt	574.61	515.2	1,155	506.7	469.29	503.67
Current Portion of Long-Term Debt	940.94	864.84	860.6	1,519	352.5	121.6
Current Portion of Leases	-	-	13.86	10.03	94.47	110.63
Current Income Taxes Payable	155.99	197.02	91.33	76.15	72.19	68.48
Current Unearned Revenue	101.2	110.18	206.19	147.2	75.59	97.09
Other Current Liabilities	506.19	579.12	565.34	381.51	548.12	334.16
Total Current Liabilities	4,591	4,227	4,655	4,184	3,043	2,136
Long-Term Debt	5,964	5,600	2,917	2,506	2,965	3,090
Long-Term Leases	50.41	44.14	44.53	24.48	242.92	321.86
Long-Term Unearned Revenue	95.9	89.6	109	112.84	119.16	110.97
Long-Term Deferred Tax Liabilities	82.2	94.97	85.94	48.01	46.78	58.06
Other Long-Term Liabilities	98.62	23.34	18.87	7.33	33.31	22.66
Total Liabilities	10,883	10,080	7,830	6,883	6,450	5,740
Common Stock	2,649	2,649	2,649	2,649	2,649	2,649
Additional Paid-In Capital	1,256	1,245	1,844	1,828	2,795	2,564
Retained Earnings	5,736	5,602	4,877	4,170	3,557	3,214
Comprehensive Income & Other	59.38	70.97	92.13	68.2	45.51	115.9
Total Common Equity	9,700	9,566	9,462	8,715	9,046	8,542
Minority Interest	2,111	2,084	1,486	1,151	1,091	1,003
Shareholders' Equity	11,811	11,651	10,948	9,866	10,137	9,545
Total Liabilities & Equity	22,694	21,730	18,778	16,749	16,587	15,285
Total Debt	7,530	7,025	4,991	4,567	4,124	4,147
Net Cash (Debt)	-4,924	-4,561	-2,700	-2,340	-1,389	-1,973
Net Cash Per Share	-1.86	-1.72	-1.02	-0.88	-0.52	-0.74
Filing Date Shares Outstanding	2,650	2,649	2,649	2,649	2,649	2,649
Total Common Shares Outstanding	2,650	2,649	2,649	2,649	2,649	2,649
Working Capital	6,076	5,672	4,250	3,419	4,394	4,497
Book Value Per Share	3.66	3.61	3.57	3.29	3.42	3.22
Tangible Book Value	6,627	7,388	7,536	7,326	7,592	7,096
Tangible Book Value Per Share	2.50	2.79	2.84	2.77	2.87	2.68
Buildings	-	-	2,770	2,452	2,239	1,949
Machinery	-	-	9,249	8,544	8,261	7,452
Construction In Progress	-	-	341.01	241.71	228.74	234.97

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