SHE:002239 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	727.46	845.49	1,242	2,024	1,631	1,102
Trading Asset Securities	-	-	24.57	207.46	648.46	379.71
Cash & Short-Term Investments	727.46	845.49	1,267	2,232	2,279	1,482
Cash Growth	-21.65%	-33.25%	-43.24%	-2.08%	53.80%	64.54%
Accounts Receivable	3,082	3,381	3,605	3,038	2,869	2,232
Other Receivables	64.14	59.13	62.78	64.46	47.71	64.72
Receivables	3,146	3,441	3,668	3,103	2,917	2,296
Inventory	1,436	1,404	1,617	2,142	1,959	1,627
Prepaid Expenses	-	-	-	-	-	2.52
Other Current Assets	380.13	350.71	355.7	290.19	191.78	133.6
Total Current Assets	5,690	6,041	6,907	7,767	7,346	5,541
Property, Plant & Equipment	1,855	1,861	1,860	1,804	1,641	1,683
Long-Term Investments	560.25	542.8	469.64	422.23	372.09	386.04
Goodwill	1,688	1,689	1,691	1,693	1,696	1,699
Other Intangible Assets	450.16	461.01	501.5	494	555.09	414.64
Long-Term Deferred Tax Assets	278.55	278.46	253.43	248.91	264.5	242.95
Long-Term Deferred Charges	9.62	9.67	25.95	42.11	84.98	61.73
Other Long-Term Assets	247.44	235.37	213.71	317.01	204.42	95.3
Total Assets	10,778	11,118	11,921	12,788	12,164	10,123
Accounts Payable	3,251	3,498	3,593	4,095	3,243	2,186
Accrued Expenses	195.84	225.66	251.19	235.79	296.36	231.53
Short-Term Debt	71	81.19	724.24	1,293	1,416	1,420
Current Portion of Long-Term Debt	413.56	594.25	141.11	156.64	12.92	124.27
Current Portion of Leases	-	-	49.28	27.98	16.29	10.3
Current Income Taxes Payable	40.75	55.51	37.01	21.52	29.79	84.32
Current Unearned Revenue	129.74	128.12	112.05	139.29	123.49	68.58
Other Current Liabilities	388.34	290.64	503.77	756.86	983.81	448.04
Total Current Liabilities	4,491	4,874	5,412	6,726	6,122	4,572
Long-Term Debt	8.11	8.03	521.41	70.94	60.67	20.23
Long-Term Leases	53.17	58.12	45.93	65.7	87.97	75.03
Long-Term Unearned Revenue	29.65	31.44	28.88	34.36	47.27	51.34
Long-Term Deferred Tax Liabilities	33.37	34.28	40.58	32.93	41.4	30.73
Other Long-Term Liabilities	353.96	350.18	303.88	187.35	165.68	115.21
Total Liabilities	4,969	5,356	6,353	7,117	6,525	4,865
Common Stock	3,318	3,318	3,310	3,243	3,243	3,243
Additional Paid-In Capital	1,244	1,239	1,271	1,356	1,362	1,222
Retained Earnings	1,245	1,203	1,019	940.47	867.23	778.08
Treasury Stock	-64.9	-64.9	-83.62	-	-	-
Comprehensive Income & Other	31.46	30.29	-4.86	5.98	52.19	1.85
Total Common Equity	5,774	5,726	5,511	5,546	5,525	5,245
Minority Interest	35.28	35.6	57.14	125.67	114.12	13.01
Shareholders' Equity	5,809	5,762	5,568	5,671	5,639	5,258
Total Liabilities & Equity	10,778	11,118	11,921	12,788	12,164	10,123
Total Debt	545.83	741.58	1,482	1,614	1,594	1,650
Net Cash (Debt)	181.63	103.91	-215.25	617.42	684.83	-167.88
Net Cash Growth	-	-	-	-9.84%	-	-
Net Cash Per Share	0.06	0.03	-0.06	0.17	0.23	-0.05
Filing Date Shares Outstanding	3,315	3,260	2,726	3,243	3,243	3,243
Total Common Shares Outstanding	3,315	3,260	2,726	3,243	3,243	3,243
Working Capital	1,199	1,167	1,495	1,041	1,224	968.63
Book Value Per Share	1.74	1.76	2.02	1.71	1.70	1.62
Tangible Book Value	3,636	3,577	3,319	3,358	3,274	3,132
Tangible Book Value Per Share	1.10	1.10	1.22	1.04	1.01	0.97
Land	-	-	3.87	3.76	3.48	3.48
Buildings	-	-	917.63	901.96	748.52	678.17
Machinery	-	-	2,472	2,307	2,153	1,991
Construction In Progress	-	-	271.28	194.97	186.86	318.16

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