SHE:002261 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	911.82	1,072	1,631	1,105	841.21	954.98
Trading Asset Securities	220.09	402.8	44.14	76.09	472.83	724.2
Cash & Short-Term Investments	1,132	1,475	1,675	1,181	1,314	1,679
Cash Growth	-31.19%	-11.96%	41.83%	-10.13%	-21.75%	176.44%
Accounts Receivable	885.85	874.43	1,302	1,123	543.03	497.67
Other Receivables	63.59	51.91	63.14	59.09	69.06	63.11
Receivables	949.44	926.33	1,365	1,182	612.09	560.79
Inventory	1,032	615.83	846.18	926.81	867.17	550.02
Prepaid Expenses	-	36.77	65.2	48.98	54.27	30.45
Other Current Assets	232.61	128.45	520.75	678.31	279.13	79.44
Total Current Assets	3,346	3,182	4,472	4,017	3,127	2,900
Property, Plant & Equipment	128.98	137.83	158.81	139.89	145.52	192.71
Long-Term Investments	12.86	187.93	149.89	467.17	551.83	268.99
Goodwill	40.55	40.55	51.92	79.1	88.77	844.08
Other Intangible Assets	201.22	221.83	224.25	252.85	263.91	331.61
Long-Term Accounts Receivable	-	3.23	6.28	8.6	10.45	16.15
Long-Term Deferred Tax Assets	81.05	82.18	95.87	94.43	97.91	89.79
Long-Term Deferred Charges	39.71	29.4	41.71	34.6	23.77	32.15
Other Long-Term Assets	324.52	152.83	184.16	193.43	189.11	183.31
Total Assets	4,175	4,038	5,385	5,287	4,498	4,859
Accounts Payable	163.1	125.61	638.81	228.32	484.8	186.49
Accrued Expenses	151.17	205.74	215.48	119.99	110.06	120.69
Short-Term Debt	299.26	260.73	673.33	1,234	465.36	175.04
Current Portion of Long-Term Debt	32.8	63.12	273.23	265.34	-	200.19
Current Portion of Leases	-	16.92	24.31	15.91	18.4	24.1
Current Income Taxes Payable	66.99	0.37	4.66	11.26	13.21	18.91
Current Unearned Revenue	490.68	310.93	337.95	129.66	279.84	254.68
Other Current Liabilities	34.62	86.17	66.24	81.43	104.32	47.07
Total Current Liabilities	1,239	1,070	2,234	2,086	1,476	1,027
Long-Term Debt	31	123.5	335.84	275.13	185.17	-
Long-Term Leases	19.5	17.41	25.58	20.1	10.51	16.78
Long-Term Unearned Revenue	12.73	6.95	5.22	5.62	2.71	6.94
Long-Term Deferred Tax Liabilities	14.08	14.93	18.02	17.19	17.85	14.92
Other Long-Term Liabilities	170.86	175.61	185.88	174.47	164.1	160.62
Total Liabilities	1,487	1,408	2,805	2,578	1,856	1,226
Common Stock	1,260	1,260	1,256	1,254	1,256	1,248
Additional Paid-In Capital	2,702	2,700	2,703	2,698	2,682	2,687
Retained Earnings	-1,355	-1,417	-1,480	-1,376	-1,421	-401.84
Treasury Stock	-0.12	-0.12	-8.84	-17.16	-22.96	-
Comprehensive Income & Other	-2.49	-1.31	0.46	-8.15	-9.99	-17.04
Total Common Equity	2,604	2,542	2,470	2,550	2,484	3,516
Minority Interest	83.89	87.76	110.16	158.38	158.12	116.35
Shareholders' Equity	2,688	2,630	2,580	2,709	2,642	3,632
Total Liabilities & Equity	4,175	4,038	5,385	5,287	4,498	4,859
Total Debt	382.56	481.68	1,332	1,810	679.43	416.11
Net Cash (Debt)	749.35	992.94	342.67	-629.37	634.61	1,263
Net Cash Growth	68.47%	189.77%	-	-	-49.76%	176.13%
Net Cash Per Share	0.59	0.79	0.27	-0.50	0.51	1.11
Filing Date Shares Outstanding	1,260	1,260	1,256	1,254	1,256	1,248
Total Common Shares Outstanding	1,260	1,260	1,256	1,254	1,256	1,248
Working Capital	2,107	2,112	2,238	1,931	1,651	1,873
Book Value Per Share	2.07	2.02	1.97	2.03	1.98	2.82
Tangible Book Value	2,362	2,280	2,194	2,219	2,131	2,340
Tangible Book Value Per Share	1.87	1.81	1.75	1.77	1.70	1.88
Buildings	-	116.33	116.33	116.33	116.33	161.37
Machinery	-	175.45	160.97	139.47	172.47	201.18

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