SHE:002392 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	1,289	1,566	1,183	760.1	593.04	485.87
Short-Term Investments	-	96.95	20.91	76.69	-	-
Trading Asset Securities	343.56	367.99	65.75	516.17	592.2	315.12
Cash & Short-Term Investments	1,633	2,031	1,270	1,353	1,185	800.99
Cash Growth	39.73%	59.97%	-6.17%	14.15%	47.97%	-11.43%
Accounts Receivable	4,484	4,261	3,651	3,824	3,062	2,531
Other Receivables	89.42	41.01	40.3	47.85	30.39	159.28
Receivables	4,574	4,302	3,691	3,871	3,092	2,690
Inventory	1,709	1,686	1,534	1,273	1,159	1,187
Prepaid Expenses	-	0.6	0.35	0.12	0.12	0.19
Other Current Assets	315.64	273.76	433.19	214.29	193.64	345.12
Total Current Assets	8,231	8,293	6,928	6,712	5,630	5,023
Property, Plant & Equipment	1,197	1,218	1,155	1,131	1,165	990.65
Long-Term Investments	445.3	325.24	244.65	113.07	90.03	89.36
Goodwill	9.92	9.92	7.12	7.16	7.12	-
Other Intangible Assets	570.44	574.72	518.17	532.75	547.82	491.41
Long-Term Accounts Receivable	-	11.8	4.17	0.26	-	-
Long-Term Deferred Tax Assets	87.29	86.34	78.22	83.79	77.18	70.9
Long-Term Deferred Charges	12.72	14.3	15.78	19.97	12.91	15.86
Other Long-Term Assets	52.49	41.11	57.24	53.17	48.1	147.48
Total Assets	10,605	10,575	9,008	8,653	7,578	6,829
Accounts Payable	3,307	3,411	2,604	2,514	2,170	1,783
Accrued Expenses	48.75	77.59	69.63	78.59	61.72	41.17
Short-Term Debt	357.15	358.39	301.46	316.79	28.01	-
Current Portion of Long-Term Debt	172.5	180.21	65.16	-	-	98.1
Current Portion of Leases	-	-	-	2.7	3.02	3.02
Current Income Taxes Payable	85.81	65.78	78.76	88.71	57.17	55.17
Current Unearned Revenue	79.23	77.2	49.33	59.72	39.95	56.38
Other Current Liabilities	244.87	238.88	188.58	176.96	172.38	103.26
Total Current Liabilities	4,296	4,409	3,357	3,237	2,532	2,140
Long-Term Debt	95	95	127.5	-	-	-
Long-Term Leases	-	-	-	-	2.82	5.84
Long-Term Unearned Revenue	61.16	56.55	44.21	43.19	43.7	44.15
Long-Term Deferred Tax Liabilities	46.8	35.94	19.3	21.85	24.55	11.18
Total Liabilities	4,499	4,596	3,548	3,302	2,603	2,201
Common Stock	1,190	1,190	1,190	1,190	1,190	1,190
Additional Paid-In Capital	991.48	991.47	979.09	1,009	1,002	991.34
Retained Earnings	3,775	3,645	3,282	3,051	2,690	2,434
Treasury Stock	-	-	-93.91	-	-	-
Comprehensive Income & Other	-1.52	-0.43	0.78	1.42	3.7	1.98
Total Common Equity	5,955	5,826	5,359	5,252	4,887	4,618
Minority Interest	151.43	152.47	101.75	98.43	88.2	9.57
Shareholders' Equity	6,107	5,979	5,460	5,351	4,975	4,627
Total Liabilities & Equity	10,605	10,575	9,008	8,653	7,578	6,829
Total Debt	624.65	633.6	494.12	319.5	33.85	106.95
Net Cash (Debt)	1,008	1,397	775.38	1,033	1,151	694.03
Net Cash Growth	31.51%	80.20%	-24.97%	-10.24%	65.90%	-13.70%
Net Cash Per Share	0.85	1.18	0.66	0.87	0.97	0.59
Filing Date Shares Outstanding	1,186	1,190	1,167	1,190	1,190	1,190
Total Common Shares Outstanding	1,186	1,190	1,167	1,190	1,190	1,190
Working Capital	3,935	3,884	3,571	3,475	3,098	2,883
Book Value Per Share	5.02	4.89	4.59	4.41	4.10	3.88
Tangible Book Value	5,375	5,241	4,833	4,712	4,332	4,126
Tangible Book Value Per Share	4.53	4.40	4.14	3.96	3.64	3.47
Buildings	-	981.9	886.83	868.11	763.39	663.9
Machinery	-	1,119	996.98	961.8	858.1	803.43
Construction In Progress	-	25.98	91.71	10.17	168.32	59.43

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