SHE:002244 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	28,722	30,574	37,140	32,704	24,328	21,141
Trading Asset Securities	230.52	687.51	140.25	116.16	83.61	10.83
Cash & Short-Term Investments	28,952	31,261	37,281	32,820	24,411	21,152
Cash Growth	-12.74%	-16.15%	13.59%	34.45%	15.41%	13.55%
Accounts Receivable	417.17	463.6	692.69	473.64	440.77	486.71
Other Receivables	21,680	21,174	27,732	38,113	30,362	17,776
Receivables	22,097	21,638	28,425	38,587	30,803	18,263
Inventory	109,542	112,745	148,517	172,698	184,409	142,401
Prepaid Expenses	-	9,831	12,353	13,507	10,245	7,384
Other Current Assets	10,500	491.29	619.67	589.46	477.92	774.17
Total Current Assets	171,092	175,966	227,195	258,201	250,347	189,975
Property, Plant & Equipment	786.31	803.23	1,127	1,289	712.7	679.84
Long-Term Investments	20,241	19,430	19,130	19,634	16,199	12,843
Goodwill	0.32	0.32	0.32	0.59	0.59	0.59
Other Intangible Assets	123.97	125.36	129.48	134.14	136.6	140.26
Long-Term Deferred Tax Assets	1,770	1,793	1,815	2,151	1,810	1,595
Long-Term Deferred Charges	0.52	0.56	0.63	44.62	51.5	58.19
Other Long-Term Assets	9,942	10,116	9,685	8,577	6,946	6,434
Total Assets	203,956	208,234	259,083	290,032	276,203	211,726
Accounts Payable	4,893	5,756	5,641	5,558	3,699	3,411
Accrued Expenses	25.13	233.83	259.74	709.68	537.13	1,692
Short-Term Debt	22,133	24,853	29,827	27,238	22,971	22,550
Current Portion of Long-Term Debt	6,336	6,456	6,101	11,034	12,870	9,907
Current Portion of Leases	-	5.09	6.45	6.28	8.47	7.64
Current Income Taxes Payable	644.87	585.63	518.97	1,103	722.93	980.4
Current Unearned Revenue	81,976	85,651	125,449	143,139	130,404	93,631
Other Current Liabilities	8,025	8,829	11,956	13,915	12,509	9,637
Total Current Liabilities	124,033	132,370	179,759	202,701	183,721	141,815
Long-Term Debt	27,082	26,673	27,710	28,617	39,519	32,275
Long-Term Leases	9.39	11.24	12.63	95.28	98.87	107.8
Long-Term Unearned Revenue	3.5	12.87	15.92	-	-	-
Long-Term Deferred Tax Liabilities	53.7	43.97	32.41	164.36	144.7	140.31
Total Liabilities	151,182	159,111	207,530	231,577	223,484	174,339
Common Stock	3,111	3,111	3,111	3,111	3,111	3,111
Additional Paid-In Capital	2,161	2,161	2,090	2,170	2,100	2,181
Retained Earnings	25,198	24,387	22,526	20,238	18,544	15,491
Comprehensive Income & Other	-186.69	-185.28	-199.26	-217.04	-218.71	-203.78
Total Common Equity	30,283	29,474	27,528	25,302	23,536	20,579
Minority Interest	22,491	19,649	24,025	33,153	29,182	16,808
Shareholders' Equity	52,774	49,123	51,553	58,455	52,718	37,387
Total Liabilities & Equity	203,956	208,234	259,083	290,032	276,203	211,726
Total Debt	55,561	57,998	63,658	66,989	75,468	64,848
Net Cash (Debt)	-26,609	-26,737	-26,377	-34,169	-51,057	-43,696
Net Cash Per Share	-8.57	-8.59	-8.50	-10.94	-16.37	-14.00
Filing Date Shares Outstanding	3,111	3,111	3,111	3,111	3,111	3,111
Total Common Shares Outstanding	3,111	3,111	3,111	3,111	3,111	3,111
Working Capital	47,059	43,596	47,436	55,500	66,625	48,159
Book Value Per Share	9.73	9.47	8.85	8.13	7.56	6.61
Tangible Book Value	30,159	29,348	27,398	25,168	23,399	20,438
Tangible Book Value Per Share	9.69	9.43	8.81	8.09	7.52	6.57
Buildings	-	1,075	1,340	1,331	691.48	657.12
Machinery	-	480.45	530.26	613.86	583.27	508.32

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