SHE:002250 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	594.3	666.18	1,202	651.38	583.16	561.01
Short-Term Investments	61.99	123.85	97.21	18.92	130.47	163.58
Cash & Short-Term Investments	656.3	790.03	1,299	670.3	713.63	724.58
Cash Growth	-42.23%	-39.20%	93.85%	-6.07%	-1.51%	14.00%
Accounts Receivable	2,559	1,879	1,433	1,464	1,879	1,788
Other Receivables	26.87	136.83	132.66	150.73	541.07	201.87
Receivables	2,586	2,016	1,566	1,615	2,420	1,990
Inventory	2,504	2,756	2,454	2,620	2,911	2,253
Prepaid Expenses	-	-	-	0.93	1.57	2.19
Other Current Assets	394.92	220.93	137.56	252.03	343.08	182.02
Total Current Assets	6,141	5,783	5,457	5,158	6,389	5,151
Property, Plant & Equipment	6,758	6,804	7,310	7,747	7,762	6,683
Long-Term Investments	80.07	136.23	243.5	291.03	198.26	91.36
Goodwill	5.9	5.9	5.9	5.9	5.9	5.9
Other Intangible Assets	667.92	674.8	522.37	493	508.73	512.3
Long-Term Accounts Receivable	-	7.54	11.91	7.38	-	4.43
Long-Term Deferred Tax Assets	168.79	155.39	133.35	140.03	65.51	130.36
Long-Term Deferred Charges	-	-	-	-	0.5	-
Other Long-Term Assets	144	43.52	111.28	64.95	79.36	63.12
Total Assets	13,966	13,611	13,795	13,907	15,009	12,642
Accounts Payable	2,611	2,694	1,917	1,780	2,916	2,677
Accrued Expenses	104.92	273.12	240.25	220.71	281.09	255.31
Short-Term Debt	577	361	586.14	804.11	1,702	1,660
Current Portion of Long-Term Debt	1,317	1,196	1,168	432.11	243.1	66.78
Current Portion of Leases	-	4.55	7.46	7.02	36.11	37.3
Current Income Taxes Payable	78.12	10.83	16.79	20.5	104.77	25.39
Current Unearned Revenue	78.24	33.88	178.89	183.82	160.11	163.87
Other Current Liabilities	178.58	167.15	161.44	210.77	182.72	140.78
Total Current Liabilities	4,945	4,741	4,275	3,659	5,626	5,026
Long-Term Debt	1,446	1,429	2,240	2,778	1,516	679.44
Long-Term Leases	13.25	13.6	36.35	43.45	34.8	43.93
Long-Term Unearned Revenue	77.14	78.38	88.39	98.55	94.42	549.44
Long-Term Deferred Tax Liabilities	7.63	7.71	15.32	21.62	13.76	14.14
Other Long-Term Liabilities	185.02	209.31	263.47	548.84	506.35	-
Total Liabilities	6,674	6,478	6,919	7,149	7,791	6,313
Common Stock	899.87	899.87	911.33	923.25	923.25	923.25
Additional Paid-In Capital	2,142	2,142	2,210	2,262	2,215	2,215
Retained Earnings	3,782	3,680	3,336	3,251	3,809	3,158
Comprehensive Income & Other	11.1	-5.12	16.53	4.78	4.76	5
Total Common Equity	6,835	6,717	6,474	6,442	6,951	6,301
Minority Interest	457.87	416.14	402.37	316.75	266.67	27.94
Shareholders' Equity	7,293	7,133	6,876	6,758	7,218	6,329
Total Liabilities & Equity	13,966	13,611	13,795	13,907	15,009	12,642
Total Debt	3,353	3,004	4,037	4,064	3,532	2,487
Net Cash (Debt)	-2,696	-2,214	-2,738	-3,394	-2,818	-1,763
Net Cash Per Share	-2.97	-2.43	-2.97	-3.68	-3.05	-1.90
Filing Date Shares Outstanding	899.87	899.87	911.33	923.25	923.25	923.25
Total Common Shares Outstanding	899.87	899.87	911.33	923.25	923.25	923.25
Working Capital	1,196	1,043	1,182	1,499	762.82	125.55
Book Value Per Share	7.60	7.46	7.10	6.98	7.53	6.83
Tangible Book Value	6,161	6,036	5,946	5,943	6,437	5,783
Tangible Book Value Per Share	6.85	6.71	6.52	6.44	6.97	6.26
Buildings	-	3,007	2,997	2,432	2,308	1,859
Machinery	-	9,007	8,828	7,251	5,876	5,372
Construction In Progress	-	188.43	113.66	2,238	3,076	2,472

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