SHE:002270 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	1,011	1,292	1,161	1,055	1,012	761.77
Trading Asset Securities	-	2.48	-	56.25	169.7	-
Cash & Short-Term Investments	1,011	1,295	1,161	1,111	1,182	761.77
Cash Growth	-12.20%	11.50%	4.54%	-6.00%	55.14%	13.92%
Accounts Receivable	1,322	1,298	1,183	1,276	1,277	1,156
Other Receivables	149.16	205.35	81.23	80.15	45.67	157.59
Receivables	1,471	1,505	1,264	1,357	1,323	1,313
Inventory	434.41	387.09	383.57	365.47	306.05	386.63
Other Current Assets	116.66	87.07	205.83	150.59	76.64	120.93
Total Current Assets	3,034	3,274	3,015	2,984	2,888	2,583
Property, Plant & Equipment	1,483	1,503	955.23	940.1	985.66	933.07
Long-Term Investments	79.77	79.94	85.46	130.6	166.16	159.08
Goodwill	99.42	99.42	99.42	99.42	99.42	103.67
Other Intangible Assets	151.48	154.02	153.91	161.33	213.49	227.3
Long-Term Deferred Tax Assets	72.22	68.2	94.56	87.47	97.02	84.95
Long-Term Deferred Charges	19.42	21.88	29.57	31.7	13.64	6.44
Other Long-Term Assets	74.46	7.76	24.63	84	-	-
Total Assets	5,014	5,208	4,458	4,518	4,463	4,097
Accounts Payable	357.4	401.33	422.39	385.53	305.23	277.25
Accrued Expenses	33.68	222.14	113.72	103.16	132.46	86.6
Short-Term Debt	380.03	220.03	120.01	60.05	100.24	323.18
Current Portion of Long-Term Debt	77.3	51.1	130	40	142.5	44.2
Current Portion of Leases	-	54.87	30.98	25.83	22.79	20.7
Current Income Taxes Payable	72.56	43.31	53.55	27.19	19.06	5.14
Current Unearned Revenue	65.22	67.68	54.41	83.27	31.69	74.51
Other Current Liabilities	329.54	20.55	67.19	15.53	7.87	11.3
Total Current Liabilities	1,316	1,081	992.26	740.56	761.84	842.88
Long-Term Debt	392.73	392.72	220.27	220.4	260.48	270.2
Long-Term Leases	90.93	497.44	11.21	134.75	58.9	76.6
Long-Term Unearned Revenue	20.11	20.12	25.54	29.7	8.78	9.15
Long-Term Deferred Tax Liabilities	41.46	41.73	25.98	30.03	34.26	48.43
Other Long-Term Liabilities	2.99	3.04	1.09	-	-	-
Total Liabilities	1,864	2,036	1,276	1,155	1,124	1,247
Common Stock	227.25	227.25	227.25	227.25	227.25	90.26
Additional Paid-In Capital	1,199	1,181	1,265	1,265	1,265	919.13
Retained Earnings	1,833	1,858	1,701	1,872	1,841	1,840
Treasury Stock	-99.64	-99.64	-	-	-	-
Comprehensive Income & Other	-38.12	-24.99	-27.53	-14.03	1.46	-1.1
Total Common Equity	3,121	3,142	3,166	3,350	3,334	2,848
Minority Interest	28.19	30.18	15.63	12.71	4.72	1.89
Shareholders' Equity	3,150	3,172	3,181	3,363	3,339	2,850
Total Liabilities & Equity	5,014	5,208	4,458	4,518	4,463	4,097
Total Debt	941	1,216	512.47	481.02	584.93	734.89
Net Cash (Debt)	70.03	78.72	648.86	629.83	596.87	26.89
Net Cash Growth	-90.14%	-87.87%	3.02%	5.52%	2119.78%	-
Net Cash Per Share	0.08	0.09	0.73	0.71	0.70	0.04
Filing Date Shares Outstanding	882.4	882.4	896.23	896.23	896.23	759.24
Total Common Shares Outstanding	882.4	882.4	896.23	896.23	896.23	759.24
Working Capital	1,718	2,193	2,023	2,243	2,126	1,740
Book Value Per Share	3.54	3.56	3.53	3.74	3.72	3.75
Tangible Book Value	2,871	2,889	2,912	3,089	3,021	2,517
Tangible Book Value Per Share	3.25	3.27	3.25	3.45	3.37	3.32
Land	-	2.09	1.57	1.9	-	-
Buildings	-	572.48	546.3	506.71	514.01	513.85
Machinery	-	972.15	800.98	789.32	647.05	643.31
Construction In Progress	-	132.15	57.92	22.99	135.72	25.57

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