SHE:002294 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	1,080	968.43	1,125	1,322	2,670	3,236
Short-Term Investments	-	1,433	988.85	695.51	531.58	-
Trading Asset Securities	745.87	688.98	733.86	186.06	328.36	60
Cash & Short-Term Investments	1,826	3,091	2,848	2,204	3,530	3,296
Cash Growth	-32.50%	8.52%	29.25%	-37.58%	7.12%	205.25%
Accounts Receivable	932.67	850.55	565.87	545.38	557.72	474.03
Other Receivables	26.94	30.87	23.85	21.01	23.4	155.48
Receivables	959.61	881.42	589.72	566.39	581.12	629.51
Inventory	561.5	548.19	506.76	490.86	543.53	420.45
Other Current Assets	954.09	62.53	80.02	52.43	56.36	58
Total Current Assets	4,301	4,583	4,025	3,313	4,711	4,404
Property, Plant & Equipment	1,547	1,532	1,430	1,457	1,506	1,638
Long-Term Investments	508.06	907.01	1,492	1,701	963.07	854.48
Goodwill	219.49	219.49	10.91	10.91	60.53	87.14
Other Intangible Assets	1,350	1,411	1,335	1,318	965.46	1,048
Long-Term Deferred Tax Assets	217.91	215.64	151.24	87.4	88.42	82.01
Long-Term Deferred Charges	2,148	1,996	1,597	1,416	1,344	1,047
Other Long-Term Assets	1,114	433.8	424.77	93.31	116.64	83.09
Total Assets	11,405	11,298	10,466	9,397	9,755	9,244
Accounts Payable	184.54	184.79	126.09	156.01	219.65	187.67
Accrued Expenses	173.93	906.58	716.68	491.34	558.35	487.02
Short-Term Debt	152.22	263.34	120	40	177.19	63
Current Portion of Leases	-	5.86	9.7	10.93	11.46	6.99
Current Income Taxes Payable	100.71	25.96	7.15	10.49	28.92	37.2
Current Unearned Revenue	49.17	48.94	39.35	29.55	42.66	97.99
Other Current Liabilities	1,181	578.56	94	76.77	565.4	132.98
Total Current Liabilities	1,842	2,014	1,113	815.08	1,604	1,013
Long-Term Debt	68.6	-	-	-	-	-
Long-Term Leases	19.39	20.98	4.18	12.54	19.58	9.11
Long-Term Unearned Revenue	146.8	149.12	142.04	84.11	98.53	93.71
Long-Term Deferred Tax Liabilities	31.26	32.16	20.97	13.04	27.18	-
Other Long-Term Liabilities	27.54	27.54	433.14	416.47	29.64	82.57
Total Liabilities	2,135	2,244	1,713	1,341	1,779	1,198
Common Stock	1,115	1,115	1,115	1,115	1,115	1,115
Additional Paid-In Capital	2,084	2,081	1,928	1,900	1,866	1,930
Retained Earnings	5,946	5,720	5,620	5,564	5,529	5,330
Treasury Stock	-	-	-	-602.16	-602.16	-327.86
Comprehensive Income & Other	3.99	16.85	49.3	42.22	33.24	-13.41
Total Common Equity	9,148	8,933	8,712	8,019	7,941	8,034
Minority Interest	121.69	120.84	40.17	36.43	35.81	11.91
Shareholders' Equity	9,270	9,054	8,752	8,055	7,977	8,046
Total Liabilities & Equity	11,405	11,298	10,466	9,397	9,755	9,244
Total Debt	240.21	290.19	133.88	63.47	208.23	79.1
Net Cash (Debt)	1,586	2,801	2,714	2,140	3,322	3,217
Net Cash Growth	-37.86%	3.18%	26.83%	-35.58%	3.28%	366.56%
Net Cash Per Share	1.41	2.49	2.44	1.92	3.02	3.01
Filing Date Shares Outstanding	1,115	1,115	1,115	1,091	1,091	1,103
Total Common Shares Outstanding	1,115	1,115	1,115	1,091	1,091	1,103
Working Capital	2,460	2,569	2,912	2,498	3,108	3,391
Book Value Per Share	8.21	8.01	7.81	7.35	7.28	7.29
Tangible Book Value	7,579	7,303	7,366	6,690	6,915	6,898
Tangible Book Value Per Share	6.80	6.55	6.61	6.13	6.34	6.26
Buildings	-	1,266	1,222	1,218	1,208	1,218
Machinery	-	1,321	1,258	1,203	1,138	1,109
Construction In Progress	-	173.32	62.33	34.35	37.6	94.13

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