SHE:002393 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	1,491	1,538	1,639	1,989	1,793	1,652
Short-Term Investments	-	-	156.94	70.72	-	-
Trading Asset Securities	991.31	1,020	573.36	160.54	200.32	-
Cash & Short-Term Investments	2,482	2,558	2,369	2,220	1,994	1,652
Cash Growth	17.13%	7.97%	6.71%	11.37%	20.69%	5.80%
Accounts Receivable	434.07	408.91	427.03	312.51	387.99	414
Other Receivables	127.09	126.4	3.21	4.4	10.87	7.43
Receivables	561.16	535.32	430.24	316.91	398.86	421.43
Inventory	224.74	215.11	224.37	176.28	199.15	228.78
Other Current Assets	30.69	21.07	35.81	105.11	33.78	54.32
Total Current Assets	3,299	3,330	3,060	2,819	2,625	2,356
Property, Plant & Equipment	954.28	967.8	1,020	976.48	1,030	1,137
Long-Term Investments	881.47	932.1	92.77	194.05	1,431	1,500
Goodwill	70.27	70.36	70.72	-	-	-
Other Intangible Assets	139.09	141.35	184.06	124.86	135.49	144.22
Long-Term Deferred Tax Assets	73.93	73.67	43.8	39.47	33.71	16.31
Long-Term Deferred Charges	3.77	3.95	0.92	-	-	-
Other Long-Term Assets	111.42	65.48	1,313	1,627	35.98	37.49
Total Assets	5,533	5,584	5,786	5,781	5,291	5,191
Accounts Payable	111.87	130.57	135.84	90.36	146.38	90.49
Accrued Expenses	51.73	290.29	290.83	251.39	297.23	228.97
Short-Term Debt	37.19	37.96	39.79	28.6	39.29	28.14
Current Portion of Long-Term Debt	2.2	-	-	-	-	-
Current Portion of Leases	-	2.99	2.84	0.87	0.42	0.4
Current Income Taxes Payable	53.97	11.57	11.72	14.6	12.22	5.79
Current Unearned Revenue	19.04	23.44	34	14.94	30.54	11.29
Other Current Liabilities	453.27	264.9	231.5	225.5	203.9	187.4
Total Current Liabilities	729.27	761.73	746.53	626.27	729.98	552.47
Long-Term Leases	4.54	4.54	8.38	3.95	5.37	6.2
Long-Term Unearned Revenue	34.8	32.97	28.51	27.93	31.83	31.68
Pension & Post-Retirement Benefits	-	10.34	11	11.35	11.28	11.31
Long-Term Deferred Tax Liabilities	107.24	107.4	181.01	204.09	162.04	178.77
Other Long-Term Liabilities	17.72	6.87	10.11	3.58	1.16	-
Total Liabilities	893.57	923.86	985.54	877.17	941.66	780.42
Common Stock	257.59	257.59	257.9	184.28	183.99	182.45
Additional Paid-In Capital	1,622	1,622	1,652	1,721	1,712	1,692
Retained Earnings	2,243	2,269	1,942	1,857	1,551	1,512
Treasury Stock	-85.77	-85.77	-61.05	-24.09	-21.01	-
Comprehensive Income & Other	569.05	565.19	978.46	1,165	924.04	1,025
Total Common Equity	4,606	4,628	4,770	4,903	4,349	4,411
Minority Interest	33.73	32.49	30.06	-	-	-
Shareholders' Equity	4,639	4,661	4,800	4,903	4,349	4,411
Total Liabilities & Equity	5,533	5,584	5,786	5,781	5,291	5,191
Total Debt	43.93	45.49	51.01	33.42	45.08	34.74
Net Cash (Debt)	2,438	2,513	2,318	2,187	1,949	1,617
Net Cash Growth	17.28%	8.39%	6.01%	12.23%	20.49%	4.86%
Net Cash Per Share	7.94	8.15	7.54	7.05	6.32	5.28
Filing Date Shares Outstanding	311.24	308.27	307.52	312.97	309.11	306.53
Total Common Shares Outstanding	311.24	307.38	307.52	312.97	309.11	306.53
Working Capital	2,570	2,568	2,313	2,192	1,895	1,804
Book Value Per Share	14.80	15.06	15.51	15.67	14.07	14.39
Tangible Book Value	4,396	4,416	4,515	4,779	4,214	4,266
Tangible Book Value Per Share	14.13	14.37	14.68	15.27	13.63	13.92
Buildings	-	972.8	989.32	930.62	950.07	941.9
Machinery	-	568.49	552.53	507.9	517.78	496.86
Construction In Progress	-	8.3	17.61	7.04	12.79	154.51

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