SHE:002461 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	6,935	7,146	8,198	7,094	6,713	6,786
Trading Asset Securities	1,249	793.78	160.29	157.29	293.29	50.06
Cash & Short-Term Investments	8,184	7,940	8,358	7,251	7,007	6,836
Cash Growth	8.66%	-5.00%	15.27%	3.48%	2.50%	6.36%
Accounts Receivable	47.73	26.6	23.19	22.43	18.56	18.25
Other Receivables	1.09	1.29	5.31	3.16	4.98	3.77
Receivables	48.82	27.89	28.5	25.6	23.55	22.02
Inventory	573.06	561.82	660.1	1,804	1,803	1,659
Prepaid Expenses	-	4.77	7.57	12.35	39.84	21.04
Other Current Assets	73.65	91.7	34.57	38.27	37.07	21.47
Total Current Assets	8,880	8,626	9,089	9,131	8,910	8,560
Property, Plant & Equipment	4,089	4,109	3,919	3,468	3,104	3,024
Long-Term Investments	154.27	154.27	155.22	154.27	154.11	150
Other Intangible Assets	2,168	2,180	2,208	1,322	1,371	1,392
Long-Term Deferred Tax Assets	466.11	478.03	412.16	386.67	359.35	378.44
Other Long-Term Assets	508.9	513.1	124.3	54.95	49.48	13.7
Total Assets	16,265	16,060	15,908	14,518	13,948	13,518
Accounts Payable	633.76	594.59	638.78	624.08	516.1	490.87
Accrued Expenses	130.15	207.58	207.81	218.25	224.75	188.37
Short-Term Debt	2,242	2,154	2,450	1,598	991.59	893.78
Current Portion of Long-Term Debt	-	-	-	-	500.47	0.47
Current Portion of Leases	3.49	3.41	2.94	3.4	2.95	2.25
Current Income Taxes Payable	135.28	39.82	26.09	24.79	23.87	20.48
Current Unearned Revenue	642.43	746.6	709.23	633.59	635.86	703.44
Other Current Liabilities	384.48	383.15	431.98	437.27	413.38	350.38
Total Current Liabilities	4,172	4,129	4,467	3,540	3,309	2,650
Long-Term Debt	-	-	-	-	-	500
Long-Term Leases	17.34	18.25	9.64	12.58	4.41	0.62
Long-Term Unearned Revenue	768.41	785.08	829.66	893.75	936.07	998.33
Long-Term Deferred Tax Liabilities	23.21	25.2	24.98	31.78	28.78	24.78
Total Liabilities	4,981	4,958	5,331	4,478	4,278	4,174
Common Stock	2,213	2,213	2,213	2,213	2,213	2,213
Additional Paid-In Capital	4,505	4,505	4,505	4,505	4,505	4,505
Retained Earnings	4,495	4,316	3,788	3,255	2,897	2,564
Comprehensive Income & Other	3.2	3.2	3.92	3.2	3.08	-
Total Common Equity	11,216	11,037	10,510	9,976	9,618	9,282
Minority Interest	68.66	65.9	66.98	64.38	51.69	62.22
Shareholders' Equity	11,285	11,103	10,577	10,040	9,669	9,344
Total Liabilities & Equity	16,265	16,060	15,908	14,518	13,948	13,518
Total Debt	2,263	2,176	2,463	1,614	1,499	1,397
Net Cash (Debt)	5,921	5,764	5,895	5,636	5,507	5,439
Net Cash Growth	1.00%	-2.23%	4.59%	2.35%	1.26%	5.33%
Net Cash Per Share	2.68	2.60	2.66	2.53	2.49	2.49
Filing Date Shares Outstanding	2,213	2,213	2,213	2,213	2,213	2,213
Total Common Shares Outstanding	2,213	2,213	2,213	2,213	2,213	2,213
Working Capital	4,708	4,497	4,622	5,592	5,601	5,910
Book Value Per Share	5.07	4.99	4.75	4.51	4.35	4.19
Tangible Book Value	9,048	8,857	8,302	8,653	8,247	7,890
Tangible Book Value Per Share	4.09	4.00	3.75	3.91	3.73	3.56
Buildings	-	2,732	2,439	2,213	2,025	2,012
Machinery	-	3,875	3,420	3,310	3,088	3,058
Construction In Progress	-	246.15	691.36	472.66	417.27	179.11

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