SHE:002344 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	Dec '21 Dec 31, 2021
Cash & Equivalents	469.5	419.36	1,120	1,119	1,910	1,823
Short-Term Investments	-	-	-	-	-	37.38
Trading Asset Securities	25.5	28	113.17	131.05	527	21
Cash & Short-Term Investments	495	447.36	1,234	1,250	2,437	1,881
Cash Growth	-67.09%	-63.73%	-1.35%	-48.69%	29.51%	24.21%
Accounts Receivable	39.18	52	46.06	83.29	30.73	121.1
Other Receivables	77.52	562.85	513.44	589.56	593.04	128.01
Receivables	116.7	614.85	559.5	672.85	623.77	249.1
Inventory	1,428	1,432	1,029	878.16	957.37	699.78
Prepaid Expenses	-	30.45	10.03	10.03	-	18.77
Other Current Assets	618.62	136.3	139.11	110.14	110.18	98.87
Total Current Assets	2,659	2,661	2,971	2,922	4,128	2,948
Property, Plant & Equipment	314.12	324.1	328.87	354.1	345.21	375.37
Long-Term Investments	1,393	1,339	1,293	970.84	324.17	350.29
Goodwill	35.76	35.76	35.76	35.76	35.76	1.57
Other Intangible Assets	18.79	19.47	24.79	31.32	40.43	18.74
Long-Term Accounts Receivable	-	1,370	1,180	909.63	476.51	-
Long-Term Deferred Tax Assets	191.74	189.57	184.56	187.94	172.18	167.94
Long-Term Deferred Charges	5.82	6.75	10.45	11.62	-	15.16
Other Long-Term Assets	8,479	7,067	7,108	7,358	8,110	7,850
Total Assets	13,280	13,183	13,281	12,964	13,797	11,910
Accounts Payable	374.03	508.08	524.04	490.68	849.41	289.84
Accrued Expenses	91.78	574.73	585.62	600.57	113.24	151.67
Short-Term Debt	398.16	571.54	725.72	1,076	547.63	129.32
Current Portion of Long-Term Debt	-	494.02	103.95	391.81	676.82	-
Current Portion of Leases	-	4.6	6.34	4.67	6.91	6.27
Current Income Taxes Payable	-	50.26	43.08	55.23	100.67	209.18
Current Unearned Revenue	283.21	260.36	288.78	293.33	338.45	552.45
Other Current Liabilities	1,738	388.07	389.41	433.82	1,050	951.08
Total Current Liabilities	2,885	2,852	2,667	3,346	3,683	2,290
Long-Term Debt	976.48	1,039	1,262	322.62	931.65	702.67
Long-Term Leases	4.37	5.87	10.44	15.57	5.28	11.83
Long-Term Unearned Revenue	534.41	542.14	565.6	589.14	613.21	681.16
Long-Term Deferred Tax Liabilities	15.16	15.51	17.37	22.39	23.76	23.31
Other Long-Term Liabilities	128.24	46.79	53.22	62.7	68.7	50.67
Total Liabilities	4,544	4,501	4,575	4,358	5,326	3,759
Common Stock	1,283	1,283	1,283	1,283	1,283	1,283
Additional Paid-In Capital	1,622	1,622	1,622	1,620	1,620	1,621
Retained Earnings	5,560	5,523	5,501	5,468	5,348	5,116
Treasury Stock	-	-	-	-	-	-0.6
Comprehensive Income & Other	-7.05	-16.85	32.51	-	-	-
Total Common Equity	8,458	8,411	8,438	8,370	8,251	8,019
Minority Interest	278.28	270.99	267.35	235.58	220.78	131.58
Shareholders' Equity	8,736	8,682	8,705	8,606	8,471	8,151
Total Liabilities & Equity	13,280	13,183	13,281	12,964	13,797	11,910
Total Debt	1,379	2,115	2,108	1,810	2,168	850.09
Net Cash (Debt)	-884.01	-1,668	-874.71	-560.05	268.47	1,031
Net Cash Growth	-	-	-	-	-73.97%	71.53%
Net Cash Per Share	-0.74	-1.42	-0.69	-0.44	0.21	0.82
Filing Date Shares Outstanding	1,242	1,283	1,283	1,283	1,283	1,283
Total Common Shares Outstanding	1,242	1,283	1,283	1,283	1,283	1,283
Working Capital	-226.41	-190.72	304.34	-424.31	444.65	658.18
Book Value Per Share	6.81	6.56	6.58	6.53	6.43	6.25
Tangible Book Value	8,403	8,355	8,378	8,303	8,174	7,999
Tangible Book Value Per Share	6.77	6.51	6.53	6.47	6.37	6.24
Buildings	-	429.17	409.95	410.8	409.95	409.95
Machinery	-	396.75	388.13	384.65	356.5	342.07
Construction In Progress	-	9.33	1.3	0.55	-	1.51

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