SHE:002408 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	3,136	3,188	2,901	3,111	2,609	2,603
Trading Asset Securities	2.02	36.95	3.7	1.8	2.03	2.83
Cash & Short-Term Investments	3,138	3,225	2,905	3,112	2,611	2,606
Cash Growth	16.06%	11.01%	-6.67%	19.22%	0.19%	-43.83%
Accounts Receivable	2,291	1,751	2,229	2,036	4,399	4,245
Other Receivables	195.7	77.29	4.64	35.97	227.59	32.12
Receivables	2,486	1,829	2,233	2,072	4,627	4,277
Inventory	2,273	1,489	1,185	1,764	1,477	1,195
Prepaid Expenses	-	10	18.26	91.79	93.81	88.33
Other Current Assets	335.94	295.85	268.46	400.27	305.14	794.42
Total Current Assets	8,234	6,848	6,610	7,440	9,113	8,960
Property, Plant & Equipment	13,100	13,434	14,439	15,098	15,575	11,537
Long-Term Investments	68.46	74.66	99.59	138.44	170.62	239.71
Goodwill	640.57	640.57	640.57	640.57	922.34	1,004
Other Intangible Assets	1,573	1,603	1,617	1,731	1,510	1,481
Long-Term Accounts Receivable	-	-	-	3.7	13.07	-
Long-Term Deferred Tax Assets	334.52	316.5	213.39	185.73	137.49	110.03
Long-Term Deferred Charges	679.32	748.69	808.53	890.12	1,051	277.11
Other Long-Term Assets	921.51	858.71	933.73	653.39	509.34	2,462
Total Assets	25,551	24,524	25,361	26,780	29,001	26,071
Accounts Payable	1,978	1,605	1,468	1,898	3,695	2,808
Accrued Expenses	36.79	49.98	120.13	175.7	220.65	365.13
Short-Term Debt	6,933	6,910	6,842	5,917	4,912	3,954
Current Portion of Long-Term Debt	1,452	1,404	519.94	451.99	475.18	341.71
Current Portion of Leases	-	8.19	89.87	238.36	5.66	3.48
Current Income Taxes Payable	63.52	32.8	28.8	16.35	27.78	39.16
Current Unearned Revenue	385.92	282.58	330.27	215.97	307.99	244.6
Other Current Liabilities	989.35	572.99	926.9	2,049	1,260	1,668
Total Current Liabilities	11,839	10,866	10,326	10,962	10,904	9,424
Long-Term Debt	2,504	2,295	2,997	3,106	3,351	2,951
Long-Term Leases	7.94	9.42	25.28	234	15.88	7.98
Long-Term Unearned Revenue	82.76	86.39	108.83	131.27	153.69	173.08
Long-Term Deferred Tax Liabilities	21.08	23.62	31.03	32.5	64.17	69.21
Other Long-Term Liabilities	13.87	14.63	-	-	425.74	25.37
Total Liabilities	14,469	13,295	13,489	14,465	14,914	12,650
Common Stock	2,843	2,843	2,843	2,843	2,843	2,843
Additional Paid-In Capital	2,947	2,923	2,853	2,481	3,344	3,317
Retained Earnings	5,247	5,338	5,997	6,311	7,150	6,516
Treasury Stock	-119.91	-119.91	-119.91	-	-	-
Comprehensive Income & Other	80.44	86.35	88.3	166.61	151.62	113.84
Total Common Equity	10,997	11,071	11,661	11,801	13,488	12,790
Minority Interest	85.02	157.48	211.14	513.62	598.16	630.56
Shareholders' Equity	11,082	11,229	11,873	12,315	14,086	13,420
Total Liabilities & Equity	25,551	24,524	25,361	26,780	29,001	26,071
Total Debt	10,898	10,627	10,475	9,947	8,759	7,258
Net Cash (Debt)	-7,760	-7,403	-7,570	-6,834	-6,148	-4,652
Net Cash Per Share	-2.66	-2.58	-2.20	-2.32	-2.04	-1.61
Filing Date Shares Outstanding	2,820	2,820	2,820	2,834	2,843	2,843
Total Common Shares Outstanding	2,820	2,820	2,820	2,834	2,843	2,843
Working Capital	-3,605	-4,018	-3,717	-3,522	-1,791	-463.88
Book Value Per Share	3.90	3.93	4.14	4.16	4.74	4.50
Tangible Book Value	8,784	8,828	9,404	9,430	11,056	10,305
Tangible Book Value Per Share	3.11	3.13	3.33	3.33	3.89	3.63
Buildings	-	3,976	3,888	3,803	3,388	2,360
Machinery	-	17,671	15,604	16,794	14,022	9,334
Construction In Progress	-	1,654	3,432	1,694	3,786	4,363

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