SHE:002436 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	1,051	858.61	617.91	2,152	1,203	1,131
Short-Term Investments	-	27.06	-	52.9	253.15	-
Trading Asset Securities	329.41	304.81	266.74	210.2	208.36	113.2
Cash & Short-Term Investments	1,380	1,190	884.64	2,415	1,665	1,244
Cash Growth	-9.06%	34.57%	-63.37%	45.06%	33.81%	37.94%
Accounts Receivable	2,508	2,657	2,181	2,265	2,063	1,977
Other Receivables	220.06	28.22	26.37	35.94	14.58	16.61
Receivables	2,729	2,685	2,207	2,301	2,077	1,994
Inventory	1,153	982.47	770.96	632.86	731.7	671.07
Other Current Assets	717.94	668.16	520.77	490.91	257.92	108.97
Total Current Assets	5,979	5,526	4,383	5,839	4,731	4,018
Property, Plant & Equipment	7,093	7,049	6,816	6,524	4,613	2,542
Long-Term Investments	904.33	911.89	771.07	948.04	892.73	780.07
Goodwill	389.52	397.19	390.94	327.25	276.98	236.12
Other Intangible Assets	283.49	288.04	291.53	240.77	167.79	147.44
Long-Term Deferred Tax Assets	422.49	415	344.87	273.55	122.12	53.43
Long-Term Deferred Charges	27.27	30.81	48.61	70.71	92.53	-
Other Long-Term Assets	574.46	463.5	621.87	711.57	999.59	524.98
Total Assets	15,674	15,082	13,668	14,935	11,896	8,302
Accounts Payable	2,050	1,965	1,766	1,906	1,739	1,056
Accrued Expenses	241.09	372.17	361.52	345.67	246.29	211.15
Short-Term Debt	636.05	574.44	152.27	439.78	1,011	1,342
Current Portion of Long-Term Debt	1,136	958.65	1,025	696.34	373.38	207.16
Current Portion of Leases	-	19.6	18.26	8.77	13.26	13.14
Current Income Taxes Payable	134.69	67.02	37.79	43.37	21.2	48.65
Current Unearned Revenue	37.78	51.97	45.5	36.29	33.26	20.66
Other Current Liabilities	98.52	107.57	381.53	545.7	43.81	59.55
Total Current Liabilities	4,334	4,116	3,788	4,021	3,482	2,959
Long-Term Debt	4,103	3,657	2,869	3,189	1,220	992.43
Long-Term Leases	11.87	16.77	29.53	17.69	22.12	14.15
Long-Term Unearned Revenue	113.93	110.96	30.15	26.35	11.1	-
Pension & Post-Retirement Benefits	5.57	5.63	4.94	6.1	5.83	6.13
Long-Term Deferred Tax Liabilities	146.66	150.7	121.03	104.29	122.23	34.17
Other Long-Term Liabilities	1,292	1,281	1,249	1,263	3.29	10.51
Total Liabilities	10,008	9,338	8,092	8,628	4,867	4,016
Common Stock	1,700	1,700	1,690	1,690	1,690	1,488
Additional Paid-In Capital	797.55	797.13	649.3	611.58	1,930	62.81
Retained Earnings	2,467	2,448	2,300	2,531	2,455	2,079
Treasury Stock	-31.11	-31.11	-31.11	-	-	-
Comprehensive Income & Other	404.4	434.55	327.75	501.31	463.89	133.08
Total Common Equity	5,337	5,348	4,935	5,334	6,539	3,762
Minority Interest	328.51	395.28	640.85	973.07	490.91	523.48
Shareholders' Equity	5,666	5,744	5,576	6,307	7,029	4,286
Total Liabilities & Equity	15,674	15,082	13,668	14,935	11,896	8,302
Total Debt	5,887	5,227	4,095	4,352	2,640	2,569
Net Cash (Debt)	-4,507	-4,036	-3,210	-1,937	-975.73	-1,325
Net Cash Per Share	-2.35	-2.39	-1.94	-1.19	-0.61	-0.90
Filing Date Shares Outstanding	1,697	1,697	1,687	1,690	1,690	1,488
Total Common Shares Outstanding	1,697	1,697	1,687	1,690	1,690	1,488
Working Capital	1,645	1,410	595.35	1,818	1,250	1,059
Book Value Per Share	3.14	3.15	2.93	3.16	3.87	2.53
Tangible Book Value	4,664	4,663	4,253	4,766	6,094	3,379
Tangible Book Value Per Share	2.75	2.75	2.52	2.82	3.61	2.27
Buildings	-	3,560	3,467	3,235	1,721	1,225
Machinery	-	7,834	7,526	6,042	2,618	2,217
Construction In Progress	-	945.83	601.18	1,644	1,908	533.67

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