SHE:002454 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	1,108	1,644	1,559	1,110	724.61	760.95
Trading Asset Securities	1,308	1,009	763.14	941.93	871.62	871.48
Cash & Short-Term Investments	2,416	2,653	2,323	2,052	1,596	1,632
Cash Growth	18.14%	14.24%	13.17%	28.57%	-2.22%	33.53%
Accounts Receivable	2,844	2,710	2,685	2,202	2,328	2,384
Other Receivables	16.1	19.72	10.54	29.95	12.9	10.95
Receivables	2,860	2,730	2,696	2,232	2,341	2,394
Inventory	854.54	1,006	922.86	860.91	920.85	761.41
Prepaid Expenses	-	0.18	0.98	1.49	-	-
Other Current Assets	45.65	60.08	58.12	68.06	44.39	53.18
Total Current Assets	6,176	6,450	6,000	5,215	4,903	4,841
Property, Plant & Equipment	1,492	1,483	1,462	1,457	1,416	1,464
Long-Term Investments	155.55	110.27	23.04	64.55	91.75	103.87
Goodwill	75.25	75.25	93.69	106.1	114.1	122.65
Other Intangible Assets	281.22	283.59	290.38	296.78	301.68	224.71
Long-Term Deferred Tax Assets	119.13	127.41	133.14	134.47	122.13	111.63
Long-Term Deferred Charges	0.79	0.6	0.18	1.35	1.03	1.69
Other Long-Term Assets	67.9	121.05	121.56	97.16	97.16	58.65
Total Assets	8,368	8,651	8,124	7,372	7,046	6,928
Accounts Payable	3,048	3,454	3,137	2,557	2,393	2,311
Accrued Expenses	51.99	266.54	143.24	139.16	116.06	127.16
Short-Term Debt	-	-	16	28.98	30.82	24.46
Current Portion of Leases	-	1.93	1.47	-	2.08	0.96
Current Income Taxes Payable	38.34	10.88	6.07	9.18	9.24	7.02
Current Unearned Revenue	266.1	178.14	229.5	145.23	143.97	159.66
Other Current Liabilities	278.23	142.19	48.33	34.15	52.92	89.13
Total Current Liabilities	3,685	4,054	3,581	2,914	2,748	2,719
Long-Term Leases	17.21	17.64	18.27	25.83	26.04	22.1
Long-Term Unearned Revenue	21.25	21.96	20.57	24.22	27.05	26.91
Long-Term Deferred Tax Liabilities	14.68	15.12	16.05	19.03	14.38	16.65
Other Long-Term Liabilities	-	-	59.45	44.15	41.76	39.97
Total Liabilities	3,738	4,109	3,696	3,027	2,857	2,825
Common Stock	628.58	628.58	628.58	628.58	628.58	628.58
Additional Paid-In Capital	740.71	740.71	739.57	742.38	742.38	742.59
Retained Earnings	2,733	2,661	2,570	2,471	2,390	2,321
Treasury Stock	-14.57	-14.57	-14.57	-0.74	-	-
Comprehensive Income & Other	-6.97	-8.38	-8.19	-6.94	-8.94	-3.19
Total Common Equity	4,080	4,007	3,916	3,835	3,752	3,689
Minority Interest	549.33	534.81	512.73	510.63	436.6	415.05
Shareholders' Equity	4,630	4,542	4,428	4,345	4,189	4,104
Total Liabilities & Equity	8,368	8,651	8,124	7,372	7,046	6,928
Total Debt	19.17	19.57	35.74	54.81	58.94	47.52
Net Cash (Debt)	2,397	2,634	2,287	1,997	1,537	1,585
Net Cash Growth	19.26%	15.17%	14.49%	29.93%	-3.00%	29.64%
Net Cash Per Share	3.74	4.15	3.69	3.20	2.43	2.53
Filing Date Shares Outstanding	649.01	626.23	626.23	626.23	628.58	628.58
Total Common Shares Outstanding	649.01	626.23	626.23	626.23	628.58	628.58
Working Capital	2,491	2,396	2,419	2,301	2,154	2,123
Book Value Per Share	6.29	6.40	6.25	6.12	5.97	5.87
Tangible Book Value	3,724	3,649	3,532	3,432	3,337	3,341
Tangible Book Value Per Share	5.74	5.83	5.64	5.48	5.31	5.32
Buildings	-	1,176	1,172	1,117	1,033	953.62
Machinery	-	1,146	1,134	1,052	967.67	921.36
Construction In Progress	-	117.67	61.23	79.97	131.41	207.03

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