SHE:002400 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,158	2,516	1,658	1,777	878.61	1,438
Short-Term Investments	-	169.53	152.99	309.93	449.48	-
Trading Asset Securities	58.18	125.16	50.92	1.8	1.8	1.8
Cash & Short-Term Investments	1,216	2,811	1,862	2,088	1,330	1,440
Cash Growth	93.89%	50.94%	-10.84%	57.04%	-7.64%	20.83%
Accounts Receivable	6,825	6,642	5,068	4,457	4,172	3,051
Other Receivables	145.99	147.03	112.26	125.11	154.87	164.29
Receivables	6,971	6,789	5,180	4,582	4,327	3,215
Inventory	1.53	1.53	2.4	2.23	4.17	4.32
Prepaid Expenses	-	7.75	0.73	3.89	2.62	4.21
Other Current Assets	1,722	875.08	874.94	1,130	891.19	621.52
Total Current Assets	9,912	10,484	7,920	7,806	6,555	5,285
Property, Plant & Equipment	890.73	903.14	814.35	987.46	948.7	694.07
Long-Term Investments	1,116	1,142	954.73	972.01	947.43	934.46
Goodwill	301.66	301.66	341.73	341.73	341.73	480.95
Other Intangible Assets	8.85	13.93	31.91	53.37	74.46	96.83
Long-Term Deferred Tax Assets	190.73	191.22	182.15	187.16	167.3	164.22
Long-Term Deferred Charges	22.58	17.01	6.87	7.54	8.72	11.46
Other Long-Term Assets	139.76	139.76	256.08	273.48	258.49	257.49
Total Assets	12,581	13,193	10,508	10,629	9,302	7,925
Accounts Payable	3,355	4,463	3,156	3,404	2,928	2,445
Accrued Expenses	25.55	177.21	170.18	196.51	161.46	145.7
Short-Term Debt	2,789	2,447	1,180	837.46	519.5	6
Current Portion of Long-Term Debt	49.7	-	-	-	-	-
Current Portion of Leases	-	45.37	23.12	49.32	41.29	15.36
Current Income Taxes Payable	25.01	55.72	24.2	58.76	90.03	64.06
Current Unearned Revenue	723.69	407.75	596.89	563.84	211.48	248.8
Other Current Liabilities	369.41	346.47	250.22	282.38	227.65	172.42
Total Current Liabilities	7,338	7,942	5,401	5,392	4,179	3,097
Long-Term Leases	122.81	136.09	101.76	234.75	168.53	9.6
Long-Term Unearned Revenue	-	-	-	-	-	0.07
Long-Term Deferred Tax Liabilities	15.31	15.3	0.86	-	17.36	19.85
Other Long-Term Liabilities	23.71	23.71	24.02	24.02	25.87	25.87
Total Liabilities	7,500	8,117	5,528	5,651	4,391	3,152
Common Stock	1,743	1,743	1,743	1,743	1,743	1,743
Additional Paid-In Capital	1,354	1,360	1,360	1,367	1,367	1,403
Retained Earnings	1,821	1,805	1,760	1,699	1,610	1,412
Comprehensive Income & Other	93.3	97.4	67.92	65.12	79.2	72.45
Total Common Equity	5,012	5,006	4,931	4,875	4,800	4,631
Minority Interest	70.25	69.69	49.55	102.62	110.56	142.18
Shareholders' Equity	5,082	5,076	4,981	4,978	4,910	4,773
Total Liabilities & Equity	12,581	13,193	10,508	10,629	9,302	7,925
Total Debt	2,962	2,628	1,305	1,122	729.32	30.96
Net Cash (Debt)	-1,746	182.42	557.13	966.89	600.57	1,409
Net Cash Growth	-	-67.26%	-42.38%	60.99%	-57.38%	69.53%
Net Cash Per Share	-1.00	0.10	0.32	0.55	0.34	0.84
Filing Date Shares Outstanding	1,740	1,743	1,743	1,743	1,743	1,743
Total Common Shares Outstanding	1,740	1,743	1,743	1,743	1,743	1,743
Working Capital	2,574	2,542	2,519	2,414	2,375	2,189
Book Value Per Share	2.88	2.87	2.83	2.80	2.75	2.66
Tangible Book Value	4,701	4,691	4,557	4,480	4,384	4,053
Tangible Book Value Per Share	2.70	2.69	2.61	2.57	2.51	2.32
Buildings	-	879.49	817.56	816.32	813.52	724.16
Machinery	-	66.06	65.91	70.08	70.19	68.89

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