SHE:002465 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	2,912	3,859	4,746	4,560	2,742	2,633
Trading Asset Securities	1,196	868.46	454.17	270.5	332	1,024
Cash & Short-Term Investments	4,108	4,727	5,200	4,831	3,074	3,657
Cash Growth	-6.73%	-9.10%	7.65%	57.13%	-15.93%	-3.13%
Accounts Receivable	7,304	7,279	7,023	6,550	4,415	3,559
Other Receivables	67.1	69.98	66.47	79.31	101.23	107.54
Receivables	7,371	7,349	7,090	6,629	4,516	3,667
Inventory	1,203	1,291	1,339	1,620	1,635	1,911
Prepaid Expenses	-	0.12	-	-	-	-
Other Current Assets	2,036	245.48	209.77	150.2	188.45	142.98
Total Current Assets	14,719	13,612	13,839	13,230	9,414	9,377
Property, Plant & Equipment	3,628	3,613	2,338	1,863	1,553	1,358
Long-Term Investments	481.51	489.84	504.79	459.81	445.38	293.39
Goodwill	789.19	789.19	1,027	1,061	1,111	1,176
Other Intangible Assets	306.51	311.4	287.53	308.31	327.11	152.82
Long-Term Deferred Tax Assets	378.28	379.23	274.31	195.35	143.74	129.09
Long-Term Deferred Charges	40.38	42.18	52.15	55.19	46.12	76.08
Other Long-Term Assets	2,029	2,028	2,208	2,261	2,174	2,221
Total Assets	22,372	21,265	20,530	19,434	15,214	14,784
Accounts Payable	3,046	3,310	2,731	3,389	2,235	1,991
Accrued Expenses	39.98	92.82	116.98	182.04	195.31	124.53
Short-Term Debt	2,277	3,073	2,174	1,257	319	15
Current Portion of Long-Term Debt	51.01	32.82	23	23	23	23
Current Portion of Leases	-	13.1	13.44	2.07	9.26	8.79
Current Income Taxes Payable	11.5	3.33	6.8	12.82	29.16	21.73
Current Unearned Revenue	203.61	217.9	184.72	230.61	407.36	829.19
Other Current Liabilities	247.64	212.52	332.92	232.77	167.2	231.52
Total Current Liabilities	5,877	6,955	5,583	5,329	3,385	3,245
Long-Term Debt	4,190	2,003	1,493	219.63	130	153
Long-Term Leases	11.92	14.8	6.84	4.26	2.92	12.89
Long-Term Unearned Revenue	109.15	109.18	85.83	110.82	161.12	231.11
Long-Term Deferred Tax Liabilities	223.12	223.2	225.53	280.25	271.53	263.95
Total Liabilities	10,411	9,306	7,394	5,944	3,951	3,906
Common Stock	2,482	2,482	2,482	2,482	2,304	2,304
Additional Paid-In Capital	5,646	5,646	5,646	5,592	3,925	3,874
Retained Earnings	2,607	2,602	3,537	3,856	3,499	3,176
Treasury Stock	-250.81	-250.81	-	-	-	-
Comprehensive Income & Other	939.14	939.14	941.36	936.56	933.42	933.42
Total Common Equity	11,423	11,417	12,606	12,867	10,661	10,288
Minority Interest	538.05	542.18	529.8	622.85	601.91	590.49
Shareholders' Equity	11,961	11,959	13,136	13,490	11,263	10,878
Total Liabilities & Equity	22,372	21,265	20,530	19,434	15,214	14,784
Total Debt	6,530	5,137	3,710	1,506	484.19	212.68
Net Cash (Debt)	-2,421	-409.91	1,490	3,324	2,590	3,444
Net Cash Growth	-	-	-55.18%	28.34%	-24.79%	3.81%
Net Cash Per Share	-0.99	-0.17	0.56	1.42	1.12	1.48
Filing Date Shares Outstanding	2,428	2,462	2,482	2,482	2,304	2,304
Total Common Shares Outstanding	2,428	2,462	2,482	2,482	2,304	2,304
Working Capital	8,842	6,657	8,256	7,901	6,029	6,132
Book Value Per Share	4.70	4.64	5.08	5.18	4.63	4.46
Tangible Book Value	10,327	10,317	11,291	11,498	9,224	8,959
Tangible Book Value Per Share	4.25	4.19	4.55	4.63	4.00	3.89
Buildings	-	2,225	1,305	1,301	1,226	1,153
Machinery	-	1,531	1,231	1,192	1,033	858.88
Construction In Progress	-	998.87	825.25	295.78	114.21	92.99

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