SHE:002254 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	2,392	1,947	1,968	2,605	1,569	2,452
Short-Term Investments	-	447.03	174.46	70.05	463.03	-
Trading Asset Securities	701.57	90.06	15	145.51	40.17	512.93
Cash & Short-Term Investments	3,093	2,484	2,158	2,821	2,073	2,965
Cash Growth	39.81%	15.14%	-23.50%	36.10%	-30.10%	20.73%
Accounts Receivable	1,412	1,265	1,334	1,179	1,082	659.57
Other Receivables	1,077	1,073	231.4	245.87	44.92	0.29
Receivables	2,489	2,339	1,566	1,425	1,127	659.86
Inventory	1,347	1,315	1,446	1,213	718.96	739.73
Prepaid Expenses	-	0	0.02	-	2.96	0.1
Other Current Assets	151.07	138.45	358.91	127.07	135.19	117.9
Total Current Assets	7,080	6,277	5,529	5,585	4,056	4,483
Property, Plant & Equipment	7,832	7,932	7,627	6,244	4,484	3,247
Long-Term Investments	654.42	391.05	579.9	771.41	399.42	64.58
Other Intangible Assets	550.24	571.9	573.47	449.2	370.32	187.02
Long-Term Deferred Tax Assets	128.7	124.51	119.42	28.12	15.36	16.26
Long-Term Deferred Charges	11.36	12.56	17.33	16.66	15.94	7.75
Other Long-Term Assets	246.22	218.77	606.21	517.81	686.88	126.4
Total Assets	16,503	15,541	15,064	13,621	10,033	8,132
Accounts Payable	1,987	1,964	2,223	2,141	2,118	979.53
Accrued Expenses	47.52	80.66	65.2	93.8	86.08	84.46
Short-Term Debt	2,258	1,957	1,711	659.3	913.61	541.45
Current Portion of Long-Term Debt	792.23	728.22	300.07	279.12	316.8	213.21
Current Portion of Leases	-	2	7.89	2.54	0.84	0.8
Current Income Taxes Payable	28.88	19.43	68.48	24.34	9.69	51.71
Current Unearned Revenue	38.78	40.89	66.96	46.15	52.94	38.88
Other Current Liabilities	466.72	368.89	539.13	563.61	504.68	32.82
Total Current Liabilities	5,619	5,161	4,982	3,810	4,003	1,943
Long-Term Debt	2,018	1,525	1,555	1,252	1,223	1,466
Long-Term Leases	12.51	12.48	20.41	16.4	15.25	16.09
Long-Term Unearned Revenue	895.14	908.29	356.61	338.99	102.12	89.45
Long-Term Deferred Tax Liabilities	107.44	103.96	102.11	132.96	86.3	40.58
Other Long-Term Liabilities	0.83	0.83	0.83	0.83	0.83	19.97
Total Liabilities	8,653	7,712	7,017	5,551	5,430	3,575
Common Stock	857.06	857.06	862.95	864.04	703.2	684.39
Additional Paid-In Capital	3,941	3,941	4,166	4,010	1,036	879.92
Retained Earnings	2,406	2,390	2,391	2,561	2,486	2,393
Treasury Stock	-147.45	-147.45	-201.66	-189.82	-173.99	-
Comprehensive Income & Other	19.23	19.13	9.55	6.74	6.92	4.73
Total Common Equity	7,075	7,059	7,227	7,252	4,058	3,962
Minority Interest	775.3	769.68	819.34	817.52	544.87	595.54
Shareholders' Equity	7,850	7,829	8,047	8,069	4,603	4,557
Total Liabilities & Equity	16,503	15,541	15,064	13,621	10,033	8,132
Total Debt	5,080	4,225	3,594	2,209	2,470	2,237
Net Cash (Debt)	-1,987	-1,740	-1,436	611.23	-397.08	727.88
Net Cash Growth	-	-	-	-	-	-28.25%
Net Cash Per Share	-2.60	-2.10	-1.63	0.72	-0.58	1.06
Filing Date Shares Outstanding	789.61	848.23	854.12	856.97	862.93	684.39
Total Common Shares Outstanding	789.61	848.23	854.47	864.04	703.2	684.39
Working Capital	1,461	1,115	547.37	1,775	53.94	2,540
Book Value Per Share	8.96	8.32	8.46	8.39	5.77	5.79
Tangible Book Value	6,525	6,487	6,654	6,802	3,688	3,775
Tangible Book Value Per Share	8.26	7.65	7.79	7.87	5.24	5.52
Buildings	-	2,614	2,332	1,933	1,257	1,055
Machinery	-	5,482	5,270	4,657	3,115	3,369
Construction In Progress	-	2,194	1,747	881.57	1,700	1,058

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