SHE:002326 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	679.24	423.41	739.28	1,109	959.29	666.04
Short-Term Investments	-	-	-	-	80	-
Trading Asset Securities	7.58	7.33	11.19	37	21	113.1
Cash & Short-Term Investments	686.82	430.74	750.47	1,146	1,060	779.14
Cash Growth	15.45%	-42.60%	-34.52%	8.10%	36.08%	6.69%
Accounts Receivable	2,374	1,829	1,599	1,225	1,323	1,017
Other Receivables	87.44	94.58	127.39	108.43	158.78	135.2
Receivables	2,462	1,924	1,727	1,333	1,482	1,152
Inventory	1,190	1,108	987.73	1,099	1,656	1,202
Other Current Assets	236.76	160.24	195.55	217.83	270.18	457.65
Total Current Assets	4,576	3,622	3,661	3,796	4,468	3,591
Property, Plant & Equipment	5,512	5,511	5,607	5,670	5,145	4,321
Long-Term Investments	340.16	338.46	326.66	330.66	314.38	308.32
Goodwill	600.94	600.94	600.94	600.94	600.94	630.29
Other Intangible Assets	489.38	500.4	497.64	486.67	425.89	418.52
Long-Term Deferred Tax Assets	454.42	473.29	320.98	263.85	123.34	108.04
Long-Term Deferred Charges	48.32	48.53	61.65	125.72	153.99	165.91
Other Long-Term Assets	152.16	120.06	114.93	130.38	122.64	181.11
Total Assets	12,173	11,215	11,190	11,404	11,354	9,724
Accounts Payable	2,296	1,875	1,724	1,567	1,963	1,745
Accrued Expenses	48.38	111.28	125.31	128.71	129.84	118.82
Short-Term Debt	2,259	2,303	1,745	1,702	1,970	1,678
Current Portion of Long-Term Debt	1,429	1,280	1,113	950.73	458.75	174.57
Current Portion of Leases	-	1.63	2.93	2.51	0.86	2.03
Current Income Taxes Payable	53.39	22.11	4.42	12.56	41.06	69.35
Current Unearned Revenue	225.1	76.81	428.78	891.68	927.87	706.75
Other Current Liabilities	1,261	1,599	1,410	961.78	275.34	278.15
Total Current Liabilities	7,572	7,268	6,553	6,217	5,766	4,772
Long-Term Debt	1,188	814.22	1,411	1,563	1,023	935.76
Long-Term Leases	5.85	1.09	2.73	2.5	0.88	1.7
Long-Term Unearned Revenue	-	179.22	177.65	145.62	130.9	128.1
Long-Term Deferred Tax Liabilities	6.44	6.67	7.58	8.63	16.39	32.3
Other Long-Term Liabilities	404.72	75.68	194.27	89.24	671	119.67
Total Liabilities	9,177	8,345	8,347	8,025	7,609	5,990
Common Stock	925.13	925.13	925.4	913.76	876.57	876.57
Additional Paid-In Capital	-	1,263	1,248	1,209	770	771.66
Retained Earnings	1,142	1,038	1,084	1,562	2,270	1,804
Treasury Stock	-29.72	-29.72	-50.05	-	-	-
Comprehensive Income & Other	742.25	-524.57	-535.75	-522.48	-489.15	70.64
Total Common Equity	2,780	2,672	2,671	3,163	3,427	3,522
Minority Interest	216.55	198.97	171.9	215.99	318.57	212.27
Shareholders' Equity	2,997	2,871	2,843	3,379	3,746	3,735
Total Liabilities & Equity	12,173	11,215	11,190	11,404	11,354	9,724
Total Debt	4,881	4,400	4,275	4,220	3,454	2,792
Net Cash (Debt)	-4,195	-3,969	-3,525	-3,074	-2,393	-2,013
Net Cash Per Share	-4.62	-4.33	-3.85	-3.45	-2.73	-2.30
Filing Date Shares Outstanding	895.41	895.41	913.76	913.76	876.57	876.57
Total Common Shares Outstanding	895.41	895.41	913.76	913.76	876.57	876.57
Working Capital	-2,996	-3,646	-2,893	-2,421	-1,298	-1,181
Book Value Per Share	3.10	2.98	2.92	3.46	3.91	4.02
Tangible Book Value	1,690	1,570	1,573	2,075	2,400	2,474
Tangible Book Value Per Share	1.89	1.75	1.72	2.27	2.74	2.82
Buildings	-	2,255	2,216	2,038	1,860	1,602
Machinery	-	4,406	4,243	3,457	2,972	2,385
Construction In Progress	-	1,600	1,485	2,110	1,940	1,742

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