SHE:002379 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	16,215	18,473	15,221	269.65	429.54	323.09
Short-Term Investments	-	-	-	299.98	-	-
Trading Asset Securities	1,708	1,530	401.88	100.99	-	-
Cash & Short-Term Investments	17,924	20,002	15,623	670.62	429.54	323.09
Cash Growth	2176.48%	28.03%	2229.63%	56.12%	32.95%	183.21%
Accounts Receivable	3,691	3,164	3,893	279.97	270.76	642.35
Other Receivables	72.83	73.37	24.56	1.03	1.38	1.15
Receivables	3,764	3,237	3,918	280.99	272.14	643.5
Inventory	32,035	32,411	32,588	654.54	473.32	633.65
Other Current Assets	3,945	3,675	4,063	86.34	65.19	149.99
Total Current Assets	57,668	59,325	56,192	1,692	1,240	1,750
Property, Plant & Equipment	40,990	41,407	41,095	954.55	1,049	977.98
Long-Term Investments	476.92	478.41	423.74	-	-	-
Goodwill	-	-	80.42	-	-	-
Other Intangible Assets	6,532	6,547	6,423	262.46	269.69	276.92
Long-Term Deferred Tax Assets	3,309	2,857	2,680	20.48	25.27	12.33
Long-Term Deferred Charges	39.27	43.32	0.62	-	-	-
Other Long-Term Assets	700.24	629.51	1,131	52.06	10.74	22.83
Total Assets	109,714	111,288	108,026	2,982	2,595	3,040
Accounts Payable	9,051	8,493	9,201	520.45	501.24	842.46
Accrued Expenses	821.12	2,082	1,954	48.17	46.23	43.45
Short-Term Debt	5,284	8,831	19,878	-	220.18	250.26
Current Portion of Long-Term Debt	3,158	3,114	7,468	2.16	-	-
Current Portion of Leases	-	18.71	29.27	3.99	3.83	13.57
Current Income Taxes Payable	4,335	2,135	2,796	0.02	-	-
Current Unearned Revenue	1,535	1,429	1,647	28.34	19.67	44.45
Other Current Liabilities	16,757	22,895	6,523	225.84	385.39	376.81
Total Current Liabilities	40,942	48,997	49,497	828.96	1,177	1,571
Long-Term Debt	14,322	14,531	7,048	98	-	-
Long-Term Leases	305.22	305.78	240.65	22.05	26.08	47.49
Long-Term Unearned Revenue	1,232	1,240	1,069	-	-	-
Long-Term Deferred Tax Liabilities	645.71	650.05	821.4	4.15	4.87	0.29
Other Long-Term Liabilities	-	-	4,651	-	-	-
Total Liabilities	57,447	65,724	63,327	953.16	1,208	1,619
Common Stock	13,031	1,136	1,136	1,136	926.4	926.4
Additional Paid-In Capital	1,199	13,156	11,086	1,168	591.54	649.96
Retained Earnings	37,199	30,441	29,594	-275.25	-130.03	-152.87
Comprehensive Income & Other	846.39	837.23	874.15	-	-0.09	-2
Total Common Equity	52,276	45,571	42,690	2,029	1,388	1,421
Minority Interest	-8.37	-7.53	2,010	-	-	-
Shareholders' Equity	52,268	45,564	44,699	2,029	1,388	1,421
Total Liabilities & Equity	109,714	111,288	108,026	2,982	2,595	3,040
Total Debt	23,070	26,801	34,664	126.2	250.1	311.32
Net Cash (Debt)	-5,146	-6,799	-19,041	544.42	179.44	11.77
Net Cash Growth	-	-	-	203.39%	1424.80%	-81.61%
Net Cash Per Share	-0.39	-0.52	-1.46	0.54	0.19	0.01
Filing Date Shares Outstanding	13,031	13,031	1,136	1,136	926.4	926.4
Total Common Shares Outstanding	13,031	1,136	1,136	1,136	926.4	926.4
Working Capital	16,726	10,328	6,696	863.53	63.64	179.21
Book Value Per Share	4.01	40.10	37.57	1.79	1.50	1.53
Tangible Book Value	45,744	39,024	36,186	1,766	1,118	1,145
Tangible Book Value Per Share	3.51	34.34	31.84	1.55	1.21	1.24
Buildings	-	29,196	23,367	499.04	495.59	325.24
Machinery	-	44,725	39,805	973.92	942.53	947.37
Construction In Progress	-	3,898	11,170	-	29.24	1.07

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