SHE:002265 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	2,144	2,057	2,319	2,177	1,997	2,692
Short-Term Investments	-	1,127	404.93	473.62	-	-
Trading Asset Securities	-	-	-	-	39.81	41.37
Cash & Short-Term Investments	2,144	3,185	2,724	2,650	2,037	2,734
Cash Growth	2.15%	16.90%	2.79%	30.14%	-25.50%	2127.85%
Accounts Receivable	1,556	1,693	1,501	1,223	922.71	541.02
Other Receivables	19.28	18.31	24.71	34.09	35.22	148.08
Receivables	1,575	1,711	1,526	1,257	957.92	689.1
Inventory	952.34	883.57	786.18	827.88	864.23	1,521
Prepaid Expenses	-	1.36	2.04	-	2.43	1.09
Other Current Assets	1,173	44.84	109.41	114.32	318.38	261.87
Total Current Assets	5,844	5,825	5,148	4,850	4,180	5,207
Property, Plant & Equipment	1,696	1,729	1,810	1,906	1,837	1,843
Long-Term Investments	664.08	660.35	953.44	695.55	651.51	628.22
Goodwill	-	-	-	29.88	49.03	50.79
Other Intangible Assets	104.33	105.73	109.12	113.59	115.05	129.49
Long-Term Deferred Tax Assets	52.91	53.38	66.77	79.85	85.6	102.91
Long-Term Deferred Charges	0.6	0.68	1.14	1.8	1.25	1.92
Other Long-Term Assets	57.4	59.65	76.34	69.81	198.1	189.94
Total Assets	8,420	8,434	8,164	7,746	7,117	8,154
Accounts Payable	1,985	2,200	2,263	1,937	2,199	1,903
Accrued Expenses	145.18	262.21	268.51	304.99	222.38	185.24
Short-Term Debt	450.67	202.6	201.12	-	75	83
Current Portion of Leases	-	1.16	1.12	5.25	1.51	1.51
Current Income Taxes Payable	72.19	12.45	34.61	34	11.45	28.74
Current Unearned Revenue	130.51	196.86	95.24	148.35	291.87	1,364
Other Current Liabilities	1,242	1,188	1,136	1,236	1,485	909.78
Total Current Liabilities	4,026	4,064	4,000	3,666	4,287	4,475
Long-Term Debt	-	-	-	-	45	-
Long-Term Leases	2.71	3.01	4.17	5.29	6.25	7.4
Long-Term Unearned Revenue	249.64	250.66	260.41	264.01	281.16	292.99
Long-Term Deferred Tax Liabilities	17.7	17.7	23.27	22.05	20.01	17.66
Other Long-Term Liabilities	165.17	176.64	196.34	375.24	350.74	376.89
Total Liabilities	4,461	4,512	4,484	4,333	4,990	5,170
Common Stock	1,033	1,033	1,033	1,033	948.51	318.57
Additional Paid-In Capital	2,281	2,281	2,275	-	1,371	3,113
Retained Earnings	485.87	451.38	218.68	-41.27	-332.36	-560.98
Comprehensive Income & Other	99.91	98.04	96.49	2,369	101.46	97.96
Total Common Equity	3,900	3,863	3,623	3,361	2,088	2,969
Minority Interest	59.33	59.09	57.17	52.59	39.45	14.66
Shareholders' Equity	3,959	3,922	3,680	3,413	2,128	2,984
Total Liabilities & Equity	8,420	8,434	8,164	7,746	7,117	8,154
Total Debt	453.38	206.77	206.42	10.54	127.76	91.91
Net Cash (Debt)	1,690	2,978	2,518	2,640	1,909	2,642
Net Cash Growth	7.41%	18.27%	-4.62%	38.30%	-27.75%	-
Net Cash Per Share	1.67	2.94	2.42	2.63	2.00	2.79
Filing Date Shares Outstanding	1,033	1,033	1,033	1,033	948.51	318.57
Total Common Shares Outstanding	1,033	1,033	1,033	1,033	948.51	318.57
Working Capital	1,818	1,762	1,148	1,184	-106.92	731.82
Book Value Per Share	3.77	3.74	3.51	3.25	2.20	9.32
Tangible Book Value	3,795	3,757	3,514	3,217	1,924	2,789
Tangible Book Value Per Share	3.67	3.64	3.40	3.11	2.03	8.75
Buildings	-	-	-	1,037	1,022	978.48
Machinery	-	3,199	3,108	2,908	2,679	2,688
Construction In Progress	-	69.7	47.92	152.68	117.97	70.65

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