SHE:002271 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	3,325	3,910	7,259	9,120	10,539	16,446
Trading Asset Securities	531.31	535.61	538.05	635.9	607.09	105.02
Cash & Short-Term Investments	3,856	4,446	7,797	9,755	11,146	16,551
Cash Growth	-48.22%	-42.98%	-20.07%	-12.48%	-32.66%	162.10%
Accounts Receivable	8,909	8,406	10,905	14,300	16,018	15,282
Other Receivables	1,450	905.8	851.78	2,086	2,144	878.35
Receivables	10,359	9,312	11,756	16,386	18,162	16,161
Inventory	2,535	2,195	1,827	2,511	1,575	1,421
Prepaid Expenses	-	7.21	6.11	7.06	1.65	0.65
Other Current Assets	3,303	3,039	2,956	3,920	1,462	1,462
Total Current Assets	20,053	18,999	24,343	32,579	32,346	35,595
Property, Plant & Equipment	12,775	12,811	12,395	12,022	10,782	7,916
Long-Term Investments	686.37	691.43	626.6	599.79	2,198	689.33
Goodwill	1,046	919.37	354.43	344.57	150.28	140.91
Other Intangible Assets	2,871	2,892	2,369	2,268	2,191	1,654
Long-Term Deferred Tax Assets	1,552	1,501	1,333	980.78	732.04	527.58
Long-Term Deferred Charges	48.7	48.72	31.67	39.2	72.93	35.05
Other Long-Term Assets	3,811	3,881	3,263	2,340	2,118	3,175
Total Assets	42,842	41,744	44,715	51,174	50,591	49,733
Accounts Payable	3,245	3,310	2,669	4,297	4,489	5,943
Accrued Expenses	126.28	245.48	227.47	280.39	264.83	476.54
Short-Term Debt	5,535	4,737	4,612	4,999	6,254	6,128
Current Portion of Long-Term Debt	1,111	1,218	881.15	267.59	548.58	95
Current Portion of Leases	-	105.38	45.69	29.82	29.78	31.12
Current Income Taxes Payable	601.14	358.79	364.82	440.43	461.03	680.65
Current Unearned Revenue	3,342	3,544	3,664	3,573	3,324	3,224
Other Current Liabilities	5,251	5,287	4,853	5,850	6,590	4,533
Total Current Liabilities	19,211	18,807	17,318	19,737	21,961	21,111
Long-Term Debt	1,032	770.69	922.68	1,709	543.92	1,104
Long-Term Leases	700.91	743.01	347.22	229.6	204.57	190.24
Long-Term Unearned Revenue	655.94	663.3	703.35	689.81	610.42	531.95
Long-Term Deferred Tax Liabilities	100.11	81.21	75.18	42.94	43.86	17.04
Other Long-Term Liabilities	331.88	282.05	34.52	58.91	36.45	95.76
Total Liabilities	22,032	21,347	19,401	22,467	23,401	23,050
Common Stock	2,389	2,389	2,436	2,518	2,518	2,521
Additional Paid-In Capital	8,164	8,164	8,721	10,422	10,721	10,795
Retained Earnings	9,969	9,568	13,864	16,691	14,666	13,297
Treasury Stock	-0.37	-0.37	-100.32	-1,242	-1,122	-344.13
Comprehensive Income & Other	-7.16	14.86	12.88	-15.15	24.06	25.78
Total Common Equity	20,514	20,135	24,934	28,374	26,809	26,294
Minority Interest	296.19	262.25	379.76	332.79	381.31	389.27
Shareholders' Equity	20,811	20,397	25,314	28,707	27,190	26,684
Total Liabilities & Equity	42,842	41,744	44,715	51,174	50,591	49,733
Total Debt	8,379	7,574	6,809	7,234	7,581	7,548
Net Cash (Debt)	-4,523	-3,128	988.14	2,521	3,565	9,003
Net Cash Growth	-	-	-60.80%	-29.29%	-60.40%	167.28%
Net Cash Per Share	-2.01	-1.38	0.37	1.00	1.41	3.64
Filing Date Shares Outstanding	2,364	1,917	2,389	2,485	2,491	2,521
Total Common Shares Outstanding	2,364	1,917	2,389	2,485	2,491	2,521
Working Capital	841.85	192.39	7,024	12,842	10,385	14,485
Book Value Per Share	8.68	10.50	10.44	11.42	10.76	10.43
Tangible Book Value	16,598	16,323	22,211	25,761	24,467	24,500
Tangible Book Value Per Share	7.02	8.51	9.30	10.37	9.82	9.72
Buildings	-	9,514	8,588	7,782	6,233	3,786
Machinery	-	6,082	5,893	5,493	4,462	3,449
Construction In Progress	-	783.38	1,181	1,370	2,049	2,094

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