SHE:002399 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	1,787	1,346	1,689	1,766	2,139	2,944
Short-Term Investments	-	-	-	206.2	-	-
Trading Asset Securities	1,718	1,484	868.42	414.18	1,312	981.16
Cash & Short-Term Investments	3,505	2,830	2,557	2,386	3,450	3,925
Cash Growth	12.99%	10.66%	7.18%	-30.85%	-12.10%	8.59%
Accounts Receivable	1,366	1,368	1,187	1,275	1,626	1,543
Other Receivables	18.24	301.39	329.63	121.89	134.82	243.81
Receivables	1,384	1,669	1,516	1,396	1,761	1,787
Inventory	4,183	4,447	5,394	6,654	6,844	4,708
Prepaid Expenses	-	-	-	111.28	-	-
Other Current Assets	508.67	205.25	153.43	56.43	334.53	349.43
Total Current Assets	9,580	9,151	9,621	10,604	12,390	10,770
Property, Plant & Equipment	2,313	2,388	2,648	2,849	2,477	2,537
Long-Term Investments	1,739	1,766	1,823	2,514	2,464	2,618
Goodwill	2,269	2,305	2,357	2,322	2,351	2,152
Other Intangible Assets	308.99	326.57	400.41	370.78	522.87	546.87
Long-Term Deferred Tax Assets	315.8	320.44	282.51	320.5	141.48	121.72
Long-Term Deferred Charges	172.92	178.96	185.65	18.64	244.71	241.88
Other Long-Term Assets	313.95	195.32	25.48	203.87	224.95	120.85
Total Assets	17,013	16,632	17,344	19,203	20,816	19,108
Accounts Payable	288.76	257.07	299.69	306.34	427.43	385.79
Accrued Expenses	88.22	469.4	399.46	388	377.51	398.43
Short-Term Debt	2,724	1,770	1,839	1,069	2,385	1,886
Current Portion of Long-Term Debt	471.05	834.59	528.22	2,556	1,635	1,382
Current Portion of Leases	-	30.1	38.82	37.8	35.69	31.75
Current Income Taxes Payable	139.66	107.32	120.26	157.18	112.3	113.2
Current Unearned Revenue	230.14	250.79	264.28	362.05	433.88	383.79
Other Current Liabilities	513.28	233.65	209.56	110.24	168.2	210.34
Total Current Liabilities	4,455	3,953	3,699	4,986	5,576	4,791
Long-Term Debt	28.71	298.06	1,081	1,810	2,297	2,250
Long-Term Leases	35.44	40.32	57.77	90.42	110.75	104
Long-Term Unearned Revenue	40.89	42.58	27.28	30.43	32.55	16.67
Pension & Post-Retirement Benefits	-	-	23.22	35.27	32.49	120.65
Long-Term Deferred Tax Liabilities	214.17	207.07	242.49	252.57	328.92	275.36
Other Long-Term Liabilities	10.05	10.19	10.35	10.15	29.39	26.44
Total Liabilities	4,784	4,552	5,141	7,215	8,407	7,585
Common Stock	1,467	1,467	1,467	1,467	1,467	1,467
Additional Paid-In Capital	5,864	5,864	5,865	7,529	5,859	5,944
Retained Earnings	4,753	4,566	4,578	3,941	4,861	4,184
Comprehensive Income & Other	95.2	133.96	238.17	-1,024	125.52	-183.36
Total Common Equity	12,180	12,031	12,149	11,913	12,313	11,411
Minority Interest	48.98	49.23	53.45	75.23	96.72	111.96
Shareholders' Equity	12,229	12,080	12,202	11,988	12,409	11,523
Total Liabilities & Equity	17,013	16,632	17,344	19,203	20,816	19,108
Total Debt	3,259	2,974	3,545	5,563	6,464	5,654
Net Cash (Debt)	245.95	-143.41	-987.34	-3,177	-3,013	-1,729
Net Cash Per Share	0.17	-0.10	-0.67	-2.15	-2.05	-1.18
Filing Date Shares Outstanding	1,468	1,467	1,467	1,467	1,467	1,467
Total Common Shares Outstanding	1,468	1,467	1,467	1,467	1,467	1,467
Working Capital	5,125	5,198	5,922	5,618	6,814	5,978
Book Value Per Share	8.30	8.20	8.28	8.12	8.39	7.78
Tangible Book Value	9,602	9,400	9,391	9,220	9,439	8,712
Tangible Book Value Per Share	6.54	6.41	6.40	6.28	6.43	5.94
Land	-	33.74	34.51	34	33.43	30.61
Buildings	-	1,837	1,788	1,915	1,480	1,450
Machinery	-	2,505	1,996	1,961	1,892	1,719
Construction In Progress	-	60.7	697.77	468.72	394.53	425.35
Leasehold Improvements	-	-	-	15.43	-	-

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