SHE:002472 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	1,805	2,490	1,407	993.06	1,605	463.09
Trading Asset Securities	1,001	221.19	-	-	-	-
Cash & Short-Term Investments	2,806	2,712	1,407	993.06	1,605	463.09
Cash Growth	33.78%	92.67%	41.72%	-38.13%	246.60%	15.93%
Accounts Receivable	3,126	3,207	2,982	2,371	2,010	1,572
Other Receivables	79.84	72.85	246.81	9.24	12.88	2.24
Receivables	3,206	3,280	3,229	2,380	2,023	1,574
Inventory	2,256	2,226	2,031	1,824	1,823	1,531
Prepaid Expenses	-	-	0.06	-	-	-
Other Current Assets	214.41	222.96	135.88	126	194.89	193.03
Total Current Assets	8,482	8,440	6,803	5,324	5,646	3,761
Property, Plant & Equipment	9,703	9,433	8,345	7,171	6,576	5,557
Long-Term Investments	85.29	237.74	87.46	83.26	81.66	165.16
Goodwill	60.22	60.22	60.63	69.48	61.85	-
Other Intangible Assets	524.06	515.58	499.24	452.68	415.63	259.4
Long-Term Accounts Receivable	-	1.72	1.72	-	-	-
Long-Term Deferred Tax Assets	27.22	26.73	20.58	18.38	86.55	62.68
Long-Term Deferred Charges	41.27	41.31	41.58	52.42	26.55	16.65
Other Long-Term Assets	159.74	5.48	7.21	0.11	0.81	1.51
Total Assets	19,083	18,763	15,867	13,171	12,895	9,823
Accounts Payable	3,273	3,039	2,626	2,028	1,881	1,480
Accrued Expenses	158.06	338.39	338.32	291.89	230.09	182.37
Short-Term Debt	3,153	3,122	1,990	916.75	1,068	1,925
Current Portion of Long-Term Debt	317.09	573.86	179.11	340.38	439.61	327.42
Current Portion of Leases	-	18.23	16.2	16.81	34.51	19.43
Current Income Taxes Payable	125.25	100.9	59.96	48.47	5.64	4.74
Current Unearned Revenue	44.65	35.82	31.5	43.57	26.48	20.49
Other Current Liabilities	164.47	124	319.75	99.02	157.22	19.36
Total Current Liabilities	7,236	7,353	5,561	3,785	3,843	3,979
Long-Term Debt	373.77	273.99	529.23	575.66	1,143	523.52
Long-Term Leases	11.56	12.71	25.08	38.1	24.3	11.57
Long-Term Unearned Revenue	510.11	471.03	385.93	344.67	254.47	222.66
Long-Term Deferred Tax Liabilities	138.22	142.17	127.45	90.18	146.81	93.99
Total Liabilities	8,269	8,253	6,628	4,833	5,411	4,831
Common Stock	849.91	849.77	847.45	853.33	850.4	777.69
Additional Paid-In Capital	4,449	4,419	4,451	4,597	4,355	2,487
Retained Earnings	5,020	4,736	3,817	2,893	2,144	1,609
Treasury Stock	-	-	-299.96	-379.96	-	-
Comprehensive Income & Other	-14.25	12.3	-0.33	-0.41	-0.04	0.14
Total Common Equity	10,305	10,018	8,815	7,964	7,350	4,874
Minority Interest	508.34	492.3	423.63	374.2	134.19	118.59
Shareholders' Equity	10,814	10,510	9,238	8,338	7,484	4,993
Total Liabilities & Equity	19,083	18,763	15,867	13,171	12,895	9,823
Total Debt	3,855	4,001	2,739	1,888	2,709	2,807
Net Cash (Debt)	-1,049	-1,290	-1,332	-894.64	-1,104	-2,344
Net Cash Per Share	-1.24	-1.53	-1.59	-1.06	-1.39	-3.30
Filing Date Shares Outstanding	849.91	849.77	837.19	835.71	850.4	777.69
Total Common Shares Outstanding	849.91	849.77	837.06	842.94	850.4	777.69
Working Capital	1,246	1,088	1,243	1,539	1,804	-217.8
Book Value Per Share	12.13	11.79	10.53	9.45	8.64	6.27
Tangible Book Value	9,721	9,442	8,255	7,441	6,872	4,615
Tangible Book Value Per Share	11.44	11.11	9.86	8.83	8.08	5.93
Buildings	-	1,941	1,569	1,229	1,199	1,168
Machinery	-	9,795	8,431	7,185	6,532	5,322
Construction In Progress	-	2,182	2,060	1,838	1,410	1,122

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.