SHE:002372 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	1,606	1,185	1,732	3,174	3,177	2,410
Trading Asset Securities	790.44	1,190	801.33	-	-	163.8
Cash & Short-Term Investments	2,397	2,375	2,534	3,174	3,177	2,574
Cash Growth	-6.93%	-6.28%	-20.18%	-0.10%	23.45%	20.46%
Accounts Receivable	424.53	487.5	574.47	594.97	523.89	409.46
Other Receivables	56.51	7.27	8.85	9.17	95.25	26.55
Receivables	481.04	494.77	583.32	604.15	619.14	436.01
Inventory	870.42	876.32	951.44	1,015	891.64	1,073
Prepaid Expenses	-	0.35	1.13	1.71	1.88	-
Other Current Assets	228.93	249.56	219.16	258	237.25	223.17
Total Current Assets	3,977	3,996	4,289	5,054	4,927	4,306
Property, Plant & Equipment	1,720	1,674	1,613	1,452	1,364	1,329
Long-Term Investments	287.4	300.17	252.76	233.92	278.48	482.62
Goodwill	-	-	13.49	87.46	-	-
Other Intangible Assets	395.52	367.87	392.89	362.55	285.73	255.32
Long-Term Deferred Tax Assets	21.69	20.94	24.34	23.73	34.29	45.1
Long-Term Deferred Charges	8.3	8.56	15.53	18.36	15.55	11.83
Other Long-Term Assets	31.97	25.28	30.81	60.28	33.01	5.95
Total Assets	6,442	6,393	6,632	7,292	6,939	6,436
Accounts Payable	529.09	570.05	502.33	496.74	438.34	385.25
Accrued Expenses	70.25	202.86	230.78	251.26	234.11	226.99
Short-Term Debt	0.1	0.6	10.14	36.55	14.02	-
Current Portion of Leases	2.57	2.96	5.03	4.89	0.95	0.96
Current Income Taxes Payable	80.12	59.74	64.59	73.31	85.28	93.52
Current Unearned Revenue	463.23	439.11	383.4	445.15	409.33	541.01
Other Current Liabilities	159.46	125.92	107.75	152.99	173.19	208.62
Total Current Liabilities	1,305	1,401	1,304	1,461	1,355	1,456
Long-Term Leases	16.71	6.44	7.69	11.69	10.24	7.17
Long-Term Unearned Revenue	37.4	35.06	37.55	28.99	28.4	18.22
Long-Term Deferred Tax Liabilities	28.63	28.14	33.09	29.7	20.92	19.14
Other Long-Term Liabilities	3.44	3.04	14.7	11.13	73.62	-
Total Liabilities	1,391	1,474	1,397	1,542	1,488	1,501
Common Stock	1,592	1,592	1,592	1,592	1,592	1,592
Additional Paid-In Capital	461.78	461.78	472.86	473.03	471.63	433.63
Retained Earnings	3,247	3,127	3,330	3,792	3,315	2,972
Treasury Stock	-300.02	-300.02	-300.02	-258.96	-44.7	-86.45
Comprehensive Income & Other	-0.99	4.06	-1.71	-3.88	-6.56	-4.14
Total Common Equity	5,000	4,885	5,093	5,594	5,327	4,907
Minority Interest	51.16	33.4	141.7	155.22	123.36	27.81
Shareholders' Equity	5,051	4,919	5,235	5,749	5,450	4,935
Total Liabilities & Equity	6,442	6,393	6,632	7,292	6,939	6,436
Total Debt	19.38	10	22.85	53.13	25.21	8.13
Net Cash (Debt)	2,377	2,365	2,511	3,121	3,152	2,566
Net Cash Growth	-6.89%	-5.82%	-19.56%	-0.98%	22.86%	20.08%
Net Cash Per Share	1.54	1.50	1.61	1.96	1.99	1.61
Filing Date Shares Outstanding	1,572	1,572	1,572	1,575	1,573	1,623
Total Common Shares Outstanding	1,572	1,572	1,572	1,575	1,573	1,623
Working Capital	2,672	2,594	2,985	3,593	3,572	2,850
Book Value Per Share	3.18	3.11	3.24	3.55	3.39	3.02
Tangible Book Value	4,604	4,517	4,687	5,144	5,041	4,652
Tangible Book Value Per Share	2.93	2.87	2.98	3.27	3.20	2.87
Buildings	-	1,765	1,467	1,412	1,326	1,209
Machinery	-	1,097	1,030	931.77	891.2	812.35
Construction In Progress	-	130.3	286.71	139.95	65.5	94.84

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