SHE:002368 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	1,163	2,213	2,246	1,684	2,451	2,899
Cash & Short-Term Investments	1,163	2,213	2,246	1,684	2,451	2,899
Cash Growth	24.46%	-1.47%	33.40%	-31.31%	-15.45%	5.17%
Accounts Receivable	5,932	5,960	6,460	6,744	5,825	5,855
Other Receivables	626.64	633.04	551.82	568.42	691.32	751.56
Receivables	6,559	6,593	7,012	7,312	6,517	6,607
Inventory	2,772	2,058	2,668	3,221	3,056	3,831
Prepaid Expenses	-	-	5.93	5.06	9.46	3.03
Other Current Assets	379.16	207.72	169.87	244.49	250.73	498.95
Total Current Assets	10,873	11,071	12,102	12,467	12,284	13,838
Property, Plant & Equipment	2,006	1,782	1,593	1,482	1,453	1,263
Long-Term Investments	272.46	285.55	306.24	312.74	285.94	296.1
Goodwill	324.45	324.45	374.34	374.34	374.34	374.34
Other Intangible Assets	1,094	1,109	1,103	1,055	1,088	984.93
Long-Term Deferred Tax Assets	384.9	381.57	214.7	180.61	162.7	149.83
Long-Term Deferred Charges	141.21	125.31	144.02	151.5	30.58	19.95
Other Long-Term Assets	153.35	158.17	173.6	177.53	181.44	179.98
Total Assets	15,248	15,238	16,012	16,200	15,860	17,106
Accounts Payable	5,066	5,789	5,963	7,275	6,961	6,707
Accrued Expenses	160.1	122.91	183.65	201.74	168.33	180.38
Short-Term Debt	2,785	2,262	2,002	890.74	883.19	730.74
Current Portion of Long-Term Debt	3.26	5.16	0.39	0.28	2.29	202.09
Current Portion of Leases	-	-	4.21	9.98	12.09	15.18
Current Income Taxes Payable	28.23	154.77	38.64	25.28	43.55	48.61
Current Unearned Revenue	1,849	1,457	1,486	1,742	2,055	3,514
Other Current Liabilities	326.83	314.27	337.39	287.11	338.03	698.81
Total Current Liabilities	10,219	10,105	10,015	10,432	10,464	12,096
Long-Term Debt	557.47	537.93	367.2	233	850.1	966.05
Long-Term Leases	5.36	2.56	2.86	13.68	18.51	51.63
Long-Term Unearned Revenue	69.81	73.75	24.53	31.33	31.97	54.05
Long-Term Deferred Tax Liabilities	0.76	0.92	0.95	2.22	4.22	-
Total Liabilities	10,852	10,720	10,411	10,712	11,368	13,168
Common Stock	623.23	623.23	623.23	623.23	591.7	579.66
Additional Paid-In Capital	1,793	1,793	1,790	1,803	1,003	713.53
Retained Earnings	1,570	1,690	2,832	2,754	2,492	2,227
Comprehensive Income & Other	-8.11	-8.11	-4.44	-4.44	128	178.52
Total Common Equity	3,979	4,098	5,240	5,175	4,215	3,698
Minority Interest	417.31	419.67	360.99	313.47	276.83	240.24
Shareholders' Equity	4,396	4,518	5,601	5,489	4,492	3,939
Total Liabilities & Equity	15,248	15,238	16,012	16,200	15,860	17,106
Total Debt	3,351	2,807	2,376	1,148	1,766	1,966
Net Cash (Debt)	-2,188	-593.98	-129.93	536.22	685.3	933.61
Net Cash Growth	-	-	-	-21.75%	-26.60%	-14.12%
Net Cash Per Share	-3.52	-0.95	-0.21	0.87	1.18	1.61
Filing Date Shares Outstanding	623.13	625.22	623.23	623.23	591.7	579.66
Total Common Shares Outstanding	623.13	625.22	623.23	623.23	591.7	579.66
Working Capital	653.65	966.11	2,087	2,035	1,820	1,742
Book Value Per Share	6.39	6.55	8.41	8.30	7.12	6.38
Tangible Book Value	2,561	2,664	3,763	3,746	2,753	2,339
Tangible Book Value Per Share	4.11	4.26	6.04	6.01	4.65	4.04
Buildings	-	-	851.37	851.37	851.37	859.03
Machinery	-	-	879.71	821.43	720.97	624.64
Construction In Progress	-	-	541.92	367.29	290.28	49.76

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