SHE:002396 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	1,862	4,225	2,958	4,350	4,325	2,141
Short-Term Investments	-	341.28	62.9	-	-	-
Trading Asset Securities	250.45	50.16	200.51	-	-	-
Cash & Short-Term Investments	2,113	4,616	3,221	4,350	4,325	2,141
Cash Growth	-9.69%	43.30%	-25.94%	0.58%	101.96%	1.91%
Accounts Receivable	3,393	3,848	3,415	2,593	1,892	2,045
Other Receivables	175.14	114.34	106.28	98.27	97.9	76.56
Receivables	3,568	3,963	3,521	2,691	1,990	2,121
Inventory	5,349	4,022	4,470	4,145	4,706	4,039
Other Current Assets	1,105	143.27	270.92	192.33	258.11	200.75
Total Current Assets	12,134	12,744	11,484	11,379	11,278	8,502
Property, Plant & Equipment	1,285	1,352	1,513	1,605	1,691	1,387
Long-Term Investments	501.25	494.61	348.83	339.18	415.22	353.98
Goodwill	442.73	442.73	442.73	442.73	217.75	217.75
Other Intangible Assets	626.98	158.79	169.69	107.76	78.2	78.32
Long-Term Deferred Tax Assets	946.4	946.99	1,041	841.01	540.32	355.23
Long-Term Deferred Charges	133	643.64	680.56	281.01	142.13	130.72
Other Long-Term Assets	819.77	710.29	848.43	405.64	112.78	97.5
Total Assets	16,889	17,493	16,529	15,401	14,476	11,123
Accounts Payable	3,285	3,548	3,283	3,544	2,856	3,282
Accrued Expenses	31.52	937.35	818.16	656	1,007	830.97
Short-Term Debt	1,718	1,682	1,706	926.31	666.89	424.54
Current Portion of Leases	63.21	63.39	54.76	53.81	61.81	53.41
Current Income Taxes Payable	75.39	8.42	5.86	7.58	17.72	20.98
Current Unearned Revenue	991.83	723.37	547.45	569.95	712.2	541.07
Other Current Liabilities	370.23	301.43	366.09	224.52	211.97	130.47
Total Current Liabilities	6,535	7,264	6,781	5,982	5,534	5,283
Long-Term Leases	80.33	88.3	122.11	155.3	127.84	111.41
Long-Term Unearned Revenue	12.04	7.92	20.26	21.73	76.58	52.65
Long-Term Deferred Tax Liabilities	49.95	50.07	50.62	83.63	52.9	23.35
Other Long-Term Liabilities	0.73	0.8	26.31	60.64	0.89	0.06
Total Liabilities	6,678	7,411	7,001	6,303	5,793	5,471
Common Stock	585.7	585.7	588.61	592.93	583.28	583.28
Additional Paid-In Capital	1,284	1,274	1,269	1,312	1,186	329.65
Retained Earnings	5,224	5,187	4,922	4,664	4,301	3,783
Treasury Stock	-76.3	-76.3	-105.97	-140.56	-	-
Comprehensive Income & Other	2.15	3.37	4.59	4.35	1.85	-2.72
Total Common Equity	7,019	6,973	6,679	6,433	6,071	4,693
Minority Interest	3,191	3,109	2,849	2,665	2,612	959.52
Shareholders' Equity	10,211	10,082	9,528	9,098	8,683	5,652
Total Liabilities & Equity	16,889	17,493	16,529	15,401	14,476	11,123
Total Debt	1,862	1,833	1,883	1,135	856.53	589.36
Net Cash (Debt)	250.86	2,783	1,338	3,214	3,468	1,552
Net Cash Growth	-	107.96%	-58.37%	-7.32%	123.46%	-13.30%
Net Cash Per Share	0.43	4.80	2.30	5.50	5.95	2.66
Filing Date Shares Outstanding	582.86	582.86	588.61	592.93	583.28	583.28
Total Common Shares Outstanding	582.86	582.86	588.61	592.93	583.28	583.28
Working Capital	5,599	5,480	4,702	5,397	5,744	3,219
Book Value Per Share	12.04	11.96	11.35	10.85	10.41	8.05
Tangible Book Value	5,950	6,372	6,066	5,882	5,775	4,397
Tangible Book Value Per Share	10.21	10.93	10.31	9.92	9.90	7.54
Buildings	-	908.69	964.87	1,006	1,114	537.36
Machinery	-	1,341	1,279	1,117	951.11	722.84
Construction In Progress	-	0.79	0.77	19.74	0	410.86

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