SHE:002228 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	563.51	598.32	566.74	606.5	530.09	528.87
Cash & Short-Term Investments	563.51	598.32	566.74	606.5	530.09	528.87
Cash Growth	-27.39%	5.57%	-6.55%	14.41%	0.23%	-23.52%
Accounts Receivable	2,407	2,534	2,720	3,016	3,467	3,626
Other Receivables	63.02	65.26	13.89	72.36	136.22	87.18
Receivables	2,470	2,599	2,734	3,088	3,603	3,713
Inventory	1,058	1,021	1,039	1,069	1,316	1,951
Prepaid Expenses	-	-	2.37	3.48	6.15	-
Other Current Assets	150.42	144.6	154.21	125.67	73.31	214.15
Total Current Assets	4,243	4,363	4,496	4,893	5,529	6,407
Property, Plant & Equipment	2,100	2,038	2,086	2,204	2,204	2,095
Long-Term Investments	64	64	64.8	64.8	53.8	53.8
Goodwill	17.23	17.23	17.23	17.23	17.23	17.23
Other Intangible Assets	617.35	625.71	670.79	671.52	650.75	676.42
Long-Term Deferred Tax Assets	287.29	287.83	290.81	239.06	212.64	143.17
Long-Term Deferred Charges	10.67	10.86	14.24	18.57	21.15	23.01
Other Long-Term Assets	77.08	80.47	78.34	112.67	143.2	156.25
Total Assets	7,416	7,487	7,718	8,221	8,832	9,572
Accounts Payable	2,572	2,686	2,793	2,753	2,723	3,422
Accrued Expenses	101.1	58.02	89.39	109.65	172.28	124.04
Short-Term Debt	519.43	403.9	468.43	386.28	570.98	1,169
Current Portion of Long-Term Debt	-	122.47	324.09	73.48	138	68
Current Portion of Leases	-	-	5.85	7.17	17.54	4.02
Current Income Taxes Payable	-	60.6	18.41	14.89	16.57	14.39
Current Unearned Revenue	83.27	65.49	36.28	34.76	33.34	95.43
Other Current Liabilities	226.49	183.58	58.91	127.64	389.29	100.69
Total Current Liabilities	3,502	3,580	3,794	3,507	4,061	4,998
Long-Term Debt	657.49	684.24	471.15	1,087	1,027	663.43
Long-Term Leases	17.25	10.83	5.48	18.05	27.31	82.99
Long-Term Unearned Revenue	40.25	41.5	47.5	35.88	37.72	40.48
Long-Term Deferred Tax Liabilities	55.65	56.16	56.13	56.46	64.69	62.45
Total Liabilities	4,273	4,373	4,375	4,704	5,218	5,847
Common Stock	1,213	1,213	1,223	1,239	1,239	1,239
Additional Paid-In Capital	641.97	641.97	619.35	654.46	658.47	655.15
Retained Earnings	1,323	1,282	1,499	1,546	1,586	1,633
Treasury Stock	-145.17	-145.17	-186.43	-160.86	-155.89	-128.86
Comprehensive Income & Other	-23.32	-3.78	30.97	21.8	15.35	1.85
Total Common Equity	3,010	2,989	3,186	3,300	3,343	3,400
Minority Interest	133.82	125.53	157.24	216.83	270.77	324.68
Shareholders' Equity	3,144	3,114	3,343	3,517	3,614	3,725
Total Liabilities & Equity	7,416	7,487	7,718	8,221	8,832	9,572
Total Debt	1,194	1,221	1,275	1,572	1,781	1,988
Net Cash (Debt)	-630.65	-623.11	-708.24	-965.26	-1,251	-1,459
Net Cash Per Share	-0.58	-0.54	-0.61	-0.84	-1.04	-1.20
Filing Date Shares Outstanding	1,017	1,179	1,135	1,169	1,196	1,203
Total Common Shares Outstanding	1,017	1,179	1,158	1,194	1,196	1,203
Working Capital	740.53	783.12	701.47	1,387	1,468	1,409
Book Value Per Share	2.96	2.53	2.75	2.76	2.80	2.83
Tangible Book Value	2,375	2,346	2,498	2,611	2,675	2,707
Tangible Book Value Per Share	2.33	1.99	2.16	2.19	2.24	2.25
Buildings	-	-	1,362	1,291	1,143	1,024
Machinery	-	-	1,961	1,933	1,900	1,738
Construction In Progress	-	-	42.04	58.87	120.46	120.22

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