SHE:002251 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	798.39	611.33	1,030	849.64	845.61	1,710
Trading Asset Securities	180	245	-	-	-	-
Cash & Short-Term Investments	978.39	856.33	1,030	849.64	845.61	1,710
Cash Growth	-1.61%	-16.87%	21.25%	0.48%	-50.54%	18.27%
Accounts Receivable	56.51	35.48	52.27	113.79	161.69	292.11
Other Receivables	95.98	76.28	51.84	99.94	232.83	187.87
Receivables	152.49	338.65	315.58	411.85	933.82	1,117
Inventory	242.64	307.19	325.17	462.98	311.67	1,575
Other Current Assets	487.44	321.53	299.18	348.25	519.86	592.68
Total Current Assets	1,861	1,824	1,970	2,073	2,611	4,994
Property, Plant & Equipment	3,778	3,613	4,043	4,877	6,338	10,554
Long-Term Investments	55.5	51.7	37.25	75.51	117.72	393.41
Goodwill	73.09	73.09	96.63	167.85	537.39	871.72
Other Intangible Assets	1,058	1,070	1,285	1,553	1,671	2,651
Long-Term Deferred Tax Assets	11.52	11.3	12.22	26.89	94.43	195.73
Long-Term Deferred Charges	677.01	665.45	646.54	778.98	1,182	1,520
Other Long-Term Assets	14,403	14,406	14,039	14,591	15,364	11,163
Total Assets	21,917	21,714	22,129	24,143	27,915	32,343
Accounts Payable	640.93	664.58	772.5	2,548	3,732	4,227
Accrued Expenses	79.79	477.62	615.79	1,587	1,174	651.84
Short-Term Debt	-	18.44	14.74	7,159	6,525	7,888
Current Portion of Long-Term Debt	164.97	79.4	58.47	174.73	221.19	191.9
Current Portion of Leases	-	107.18	123.93	204.04	465.3	606.29
Current Income Taxes Payable	90.55	17.91	25.36	51.9	41.3	44.71
Current Unearned Revenue	770.54	1,104	1,017	1,309	933.62	1,818
Other Current Liabilities	1,278	651.92	1,424	1,693	3,160	2,898
Total Current Liabilities	3,025	3,121	4,052	14,726	16,252	18,326
Long-Term Debt	6,181	6,228	6,311	4,374	3,134	1,571
Long-Term Leases	584.84	492.4	501.01	1,126	2,467	4,060
Long-Term Unearned Revenue	15.43	4.65	8.23	10.97	17.27	17.6
Long-Term Deferred Tax Liabilities	900.61	890.65	795.66	702.27	830.35	744.84
Other Long-Term Liabilities	2,343	2,248	2,243	7.45	19.08	3.5
Total Liabilities	13,049	12,985	13,911	20,946	22,720	24,724
Common Stock	2,689	2,689	2,689	863.9	863.9	863.9
Additional Paid-In Capital	5,462	5,446	5,314	3,610	3,609	3,617
Retained Earnings	-2,581	-2,697	-2,810	-4,022	-2,133	488.67
Treasury Stock	-7.96	-7.96	-0	-299.93	-299.93	-399.99
Comprehensive Income & Other	2,934	2,934	2,677	2,710	2,792	2,693
Total Common Equity	8,496	8,363	7,869	2,862	4,831	7,263
Minority Interest	371.94	365.53	349	334.51	363.76	356.27
Shareholders' Equity	8,868	8,729	8,218	3,197	5,195	7,619
Total Liabilities & Equity	21,917	21,714	22,129	24,143	27,915	32,343
Total Debt	6,931	6,926	7,009	13,038	12,813	14,318
Net Cash (Debt)	-5,952	-6,069	-5,979	-12,188	-11,967	-12,609
Net Cash Per Share	-2.23	-2.26	-2.22	-4.52	-14.40	-15.06
Filing Date Shares Outstanding	2,911	2,294	2,692	840.22	836.14	827.64
Total Common Shares Outstanding	2,911	2,294	2,692	840.22	836.14	827.64
Working Capital	-1,164	-1,297	-2,082	-12,653	-13,641	-13,332
Book Value Per Share	2.92	3.65	2.92	3.41	5.78	8.78
Tangible Book Value	7,365	7,221	6,488	1,141	2,623	3,740
Tangible Book Value Per Share	2.53	3.15	2.41	1.36	3.14	4.52
Buildings	-	2,276	3,224	3,273	3,374	2,913
Machinery	-	654.61	697.81	1,053	1,547	2,021
Construction In Progress	-	1,382	1,241	1,308	962.78	3,906

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