SHE:002373 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	2,776	3,300	3,727	4,293	3,938	3,752
Trading Asset Securities	1,384	1,489	687.11	440.61	479.95	407.06
Cash & Short-Term Investments	4,161	4,789	4,414	4,734	4,418	4,159
Cash Growth	10.65%	8.50%	-6.75%	7.16%	6.22%	-18.25%
Accounts Receivable	3,810	4,118	4,121	4,083	3,832	4,341
Other Receivables	138.86	140.93	212.14	229.83	232.29	338.65
Receivables	3,949	4,259	4,333	4,313	4,064	4,680
Inventory	2,395	1,914	2,469	2,276	2,461	2,489
Prepaid Expenses	-	0.1	0.36	0.04	0	11.42
Other Current Assets	284.24	184.27	290.1	239.82	293.83	233.84
Total Current Assets	10,789	11,147	11,507	11,562	11,237	11,573
Property, Plant & Equipment	949.05	971.75	1,085	1,074	969.66	904.66
Long-Term Investments	2,128	2,057	1,818	1,978	1,935	2,046
Goodwill	2,696	2,696	2,720	3,419	3,425	3,444
Other Intangible Assets	496.31	568.37	680.37	877.1	973.68	1,012
Long-Term Accounts Receivable	0.17	113.26	72.7	104.3	175.46	218.9
Long-Term Deferred Tax Assets	477.51	492.39	511.17	581.26	492.88	342.1
Long-Term Deferred Charges	66.3	36.13	43.75	41.4	26.81	42.08
Other Long-Term Assets	175.77	63.49	64.74	61.16	105.32	80.17
Total Assets	17,778	18,151	18,512	19,711	19,358	19,679
Accounts Payable	3,381	3,584	3,508	3,417	3,358	3,647
Accrued Expenses	125.18	593.99	602.39	527.74	537.45	673.6
Short-Term Debt	247.37	296.91	454.32	525.48	658.16	348.3
Current Portion of Long-Term Debt	-	-	-	115.17	100.26	200.28
Current Portion of Leases	48.3	27.7	55.8	47.83	37.32	54.33
Current Income Taxes Payable	50.42	8.56	6.04	19.5	14.16	42.22
Current Unearned Revenue	1,089	978.58	1,648	1,397	1,339	981.8
Other Current Liabilities	523.71	315.92	288.3	310.17	332.38	326.15
Total Current Liabilities	5,464	5,806	6,563	6,359	6,377	6,274
Long-Term Debt	-	9.01	-	70	200	108.3
Long-Term Leases	20.25	37.89	57.72	50.29	17.38	49.04
Long-Term Unearned Revenue	69.41	66.28	56.11	44.27	64.58	74.43
Long-Term Deferred Tax Liabilities	108.71	103.89	70.75	83.59	92.35	130.46
Other Long-Term Liabilities	68.18	67.99	58.63	65.62	80.6	90.02
Total Liabilities	5,731	6,091	6,806	6,673	6,832	6,726
Common Stock	1,580	1,580	1,580	1,580	1,580	1,580
Additional Paid-In Capital	6,201	6,200	6,204	6,230	6,269	6,269
Retained Earnings	3,859	3,887	3,620	4,892	4,349	4,833
Treasury Stock	-214.65	-214.65	-247.27	-167.5	-167.5	-167.5
Comprehensive Income & Other	91.04	73.74	36.39	-9.31	-16.37	-69.78
Total Common Equity	11,516	11,526	11,194	12,525	12,014	12,445
Minority Interest	530.85	533.61	511.74	512.53	511.92	508.59
Shareholders' Equity	12,047	12,060	11,706	13,038	12,526	12,953
Total Liabilities & Equity	17,778	18,151	18,512	19,711	19,358	19,679
Total Debt	315.92	371.51	567.84	808.77	1,013	760.26
Net Cash (Debt)	3,845	4,418	3,846	3,925	3,405	3,399
Net Cash Growth	15.20%	14.85%	-2.01%	15.29%	0.17%	-22.54%
Net Cash Per Share	2.44	2.80	2.45	2.53	2.19	2.16
Filing Date Shares Outstanding	1,577	1,577	1,549	1,573	1,573	1,535
Total Common Shares Outstanding	1,577	1,577	1,549	1,573	1,573	1,535
Working Capital	5,325	5,341	4,944	5,203	4,860	5,299
Book Value Per Share	7.30	7.31	7.23	7.96	7.64	8.11
Tangible Book Value	8,324	8,262	7,793	8,229	7,615	7,989
Tangible Book Value Per Share	5.28	5.24	5.03	5.23	4.84	5.21
Buildings	-	859.93	878.48	835.53	226.84	257.41
Machinery	-	517.46	501.16	497.82	477.35	468.09
Construction In Progress	-	0.76	0.59	16.47	546.29	379.58

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