SHE:002402 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	1,344	1,315	1,244	1,243	1,089	904.93
Short-Term Investments	-	-	-	-	12.42	-
Trading Asset Securities	216.17	120.56	0.29	5.63	210.42	223.4
Cash & Short-Term Investments	1,560	1,436	1,245	1,249	1,312	1,128
Cash Growth	20.19%	15.35%	-0.34%	-4.76%	16.23%	-20.69%
Accounts Receivable	3,548	3,810	3,445	2,655	1,836	1,618
Other Receivables	426.81	315.33	235.02	131.24	82.91	74.28
Receivables	3,975	4,126	3,680	2,786	1,919	1,692
Inventory	2,519	2,516	2,377	2,119	2,089	1,537
Prepaid Expenses	-	0.23	-	0.04	0.09	0.11
Other Current Assets	342.94	80.16	62.6	66.91	44.39	35.46
Total Current Assets	8,397	8,158	7,364	6,222	5,364	4,393
Property, Plant & Equipment	2,431	2,452	2,301	1,880	1,420	1,299
Long-Term Investments	2,774	2,734	1,017	738.41	588.85	453.45
Goodwill	545.42	545.42	545.42	545.42	545.42	545.42
Other Intangible Assets	416.32	413.75	435.79	284.11	272.89	270.44
Long-Term Deferred Tax Assets	98.02	97.16	71.31	60.73	41.09	28.82
Long-Term Deferred Charges	261.89	249.07	204.13	175.38	124.73	96.46
Other Long-Term Assets	40.93	15.89	32.47	58.82	137.99	55.42
Total Assets	14,964	14,666	11,971	9,965	8,495	7,143
Accounts Payable	4,004	4,039	3,932	3,046	2,402	2,103
Accrued Expenses	195.3	251.62	244.05	207.32	154.65	142
Short-Term Debt	95.27	176.66	1,033	618.77	499.6	655.34
Current Portion of Long-Term Debt	-	503.63	-	200.19	0.19	-
Current Portion of Leases	536.36	33.62	23.12	22.67	30.58	18.37
Current Income Taxes Payable	78.75	62.4	45.14	29.36	9.97	4.42
Current Unearned Revenue	85.23	91.38	40.48	60.75	27.9	27.76
Other Current Liabilities	209.75	326.98	480.29	310.07	124.75	115.14
Total Current Liabilities	5,204	5,485	5,798	4,495	3,250	3,066
Long-Term Debt	1,591	1,215	545.42	-	200	-
Long-Term Leases	40.32	40.49	56.11	54.56	14.58	24.31
Long-Term Unearned Revenue	82.95	87.39	76.64	32.44	24.99	33
Pension & Post-Retirement Benefits	12.46	12.73	12.01	12.41	-	-
Long-Term Deferred Tax Liabilities	321.63	320.82	79.8	86.84	76.75	57.83
Other Long-Term Liabilities	36.19	36.48	10.39	-	12.25	14.5
Total Liabilities	7,289	7,198	6,578	4,681	3,578	3,196
Common Stock	924.64	924.69	925.19	931.9	914.34	914.02
Additional Paid-In Capital	1,199	1,194	1,147	1,184	1,005	882.07
Retained Earnings	3,304	3,134	2,563	2,338	2,100	1,691
Treasury Stock	-81.79	-82.21	-163.63	-137.14	-	-
Comprehensive Income & Other	1,551	1,542	210.37	226.72	156.16	122.22
Total Common Equity	6,898	6,713	4,682	4,543	4,176	3,609
Minority Interest	777.75	755.14	710.25	740.28	741.13	337.68
Shareholders' Equity	7,675	7,468	5,392	5,284	4,917	3,947
Total Liabilities & Equity	14,964	14,666	11,971	9,965	8,495	7,143
Total Debt	2,263	1,969	1,658	896.18	744.95	698.02
Net Cash (Debt)	-703.36	-533.33	-413.02	352.91	566.57	430.31
Net Cash Growth	-	-	-	-37.71%	31.67%	-53.59%
Net Cash Per Share	-0.76	-0.57	-0.45	0.38	0.62	0.47
Filing Date Shares Outstanding	918.29	895.06	921.45	931.72	931.94	914.02
Total Common Shares Outstanding	918.29	895.06	921.45	931.9	914.34	914.02
Working Capital	3,193	2,673	1,567	1,727	2,114	1,327
Book Value Per Share	7.51	7.50	5.08	4.88	4.57	3.95
Tangible Book Value	5,936	5,754	3,701	3,714	3,357	2,793
Tangible Book Value Per Share	6.46	6.43	4.02	3.99	3.67	3.06
Buildings	-	1,006	999.21	794.52	759.75	752.92
Machinery	-	1,936	1,739	1,366	1,082	918.83
Construction In Progress	-	426.79	265.09	278.18	84.64	46.28

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