SHE:002302 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	2,413	2,067	3,488	3,951	4,647	5,339
Cash & Short-Term Investments	2,413	2,067	3,488	3,951	4,647	5,339
Cash Growth	11.72%	-40.75%	-11.71%	-14.98%	-12.97%	5.96%
Accounts Receivable	23,438	23,486	23,538	23,941	22,721	19,704
Other Receivables	242.36	139.46	172.58	135.79	332.7	132.68
Receivables	23,680	23,625	23,711	24,077	23,054	19,837
Inventory	523.13	456.92	387.41	366.27	376.74	358.47
Prepaid Expenses	-	272.47	203.79	328.17	110.63	86.23
Other Current Assets	540.61	156.53	161.99	166.71	110.9	117.41
Total Current Assets	27,157	26,577	27,952	28,889	28,299	25,738
Property, Plant & Equipment	3,365	3,293	3,682	3,722	3,816	3,231
Long-Term Investments	283.29	283.63	299.24	320.47	319.75	389.79
Other Intangible Assets	636.32	644.77	658.83	637.18	513.7	476.2
Long-Term Deferred Tax Assets	456.69	457.13	318.17	228.35	190.9	122.82
Long-Term Deferred Charges	19.12	19.17	21.12	17.73	28.31	25.9
Other Long-Term Assets	561.35	566.2	566.6	588.53	607.17	36.4
Total Assets	32,479	31,841	33,498	34,403	33,774	30,020
Accounts Payable	16,369	17,310	17,697	17,830	17,423	15,324
Accrued Expenses	129.3	375.01	479.68	487.09	708.86	830.01
Short-Term Debt	732.11	557.33	580.42	546.98	855.96	81.58
Current Portion of Long-Term Debt	1,513	1,069	68.92	779.73	51.03	42.48
Current Portion of Leases	-	358.71	445.14	455.84	425.49	292.03
Current Income Taxes Payable	297.9	110.37	131.02	191.89	219.99	152.28
Current Unearned Revenue	1,031	534.07	363.36	224.41	148.33	128.46
Other Current Liabilities	740.38	646.91	669.12	766.59	696.95	403.28
Total Current Liabilities	20,813	20,962	20,435	21,283	20,530	17,254
Long-Term Debt	1,583	574.45	1,632	1,194	1,462	762.05
Long-Term Leases	554.73	530.81	687.86	827.43	1,062	519.51
Long-Term Unearned Revenue	23.74	14.02	10.17	7.49	7.32	11.06
Long-Term Deferred Tax Liabilities	16.12	14.81	10.59	14.5	16.7	14.36
Other Long-Term Liabilities	3.63	3.68	4.21	1.03	-	-
Total Liabilities	22,994	22,099	22,780	23,327	23,078	18,561
Common Stock	1,262	1,262	1,262	1,262	1,262	1,262
Additional Paid-In Capital	2,662	2,662	2,662	2,679	2,988	2,806
Retained Earnings	3,833	4,058	4,962	5,396	4,896	4,492
Comprehensive Income & Other	594.83	595.83	594.76	595.73	596.16	593.48
Total Common Equity	8,352	8,578	9,481	9,933	9,743	9,154
Minority Interest	1,133	1,164	1,237	1,144	953.65	2,304
Shareholders' Equity	9,485	9,742	10,719	11,076	10,696	11,458
Total Liabilities & Equity	32,479	31,841	33,498	34,403	33,774	30,020
Total Debt	4,383	3,090	3,414	3,804	3,856	1,698
Net Cash (Debt)	-1,970	-1,024	74.17	146.89	790.09	3,641
Net Cash Growth	-	-	-49.51%	-81.41%	-78.30%	-22.40%
Net Cash Per Share	-1.60	-0.83	0.06	0.11	0.60	2.88
Filing Date Shares Outstanding	1,262	1,262	1,262	1,262	1,262	1,262
Total Common Shares Outstanding	1,262	1,262	1,262	1,262	1,262	1,262
Working Capital	6,344	5,616	7,517	7,606	7,769	8,483
Book Value Per Share	6.14	6.32	7.04	7.39	7.24	6.78
Tangible Book Value	7,715	7,933	8,823	9,296	9,229	8,678
Tangible Book Value Per Share	5.64	5.81	6.51	6.89	6.84	6.40
Buildings	-	2,224	2,131	1,878	1,628	1,316
Machinery	-	1,655	1,707	1,744	1,901	1,883
Construction In Progress	-	51.84	106.75	167.47	186.99	382.04

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