SHE:002478 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	Dec '21 Dec 31, 2021
Cash & Equivalents	2,659	2,990	2,635	1,700	1,444	1,079
Short-Term Investments	-	-	137.7	-	20	-
Trading Asset Securities	212.66	220.56	225.24	567.39	247.88	221.1
Cash & Short-Term Investments	2,872	3,211	2,998	2,268	1,712	1,300
Cash Growth	4.18%	7.10%	32.19%	32.50%	31.67%	-22.43%
Accounts Receivable	1,365	1,187	1,223	1,497	1,197	1,100
Other Receivables	57.91	51.21	67.25	232.91	419.76	465.76
Receivables	1,423	1,238	1,290	1,730	1,616	1,566
Inventory	1,280	1,209	1,089	1,170	1,455	1,396
Other Current Assets	150.6	109.58	67.52	109.4	133.98	165.98
Total Current Assets	5,725	5,768	5,445	5,277	4,917	4,428
Property, Plant & Equipment	2,785	2,779	2,530	2,142	2,057	2,080
Long-Term Investments	76.56	80.57	74.01	119.89	93.58	119.86
Goodwill	9.6	9.6	9.6	9.6	9.6	9.6
Other Intangible Assets	149.86	151.15	154.71	160.45	164.58	170.35
Long-Term Deferred Tax Assets	75.53	73.84	64.44	57.76	40.18	30.92
Other Long-Term Assets	2.85	3.94	16.17	52.79	53.1	131.92
Total Assets	8,824	8,866	8,294	7,819	7,335	6,971
Accounts Payable	1,798	1,800	1,483	1,650	1,688	1,823
Accrued Expenses	2.63	35.02	66.87	49.26	39.94	312.85
Short-Term Debt	169.09	214.76	509.49	402.82	538.57	130.04
Current Income Taxes Payable	13.35	62.84	34.13	47.92	14.26	6.82
Current Unearned Revenue	143.36	132.78	115.82	91.48	202.69	44.31
Other Current Liabilities	423.12	436.9	66.98	90.34	61.85	51.96
Total Current Liabilities	2,550	2,682	2,276	2,332	2,546	2,369
Long-Term Debt	-	-	-	-	-	141.38
Long-Term Unearned Revenue	-	-	-	-	-	37
Long-Term Deferred Tax Liabilities	77.9	60.73	66.04	53.62	50.73	36.53
Other Long-Term Liabilities	122.93	119.22	99.96	23.75	-	-
Total Liabilities	2,751	2,862	2,442	2,409	2,596	2,584
Common Stock	900.8	900.8	901.35	901.41	894.35	919.83
Additional Paid-In Capital	1,261	1,258	1,189	1,171	1,165	1,261
Retained Earnings	3,909	3,843	3,557	3,175	2,551	2,151
Treasury Stock	-42.89	-42.89	-54.13	-59.81	-69.25	-117.01
Comprehensive Income & Other	42.99	43.58	45.63	41.1	38.62	24.85
Total Common Equity	6,071	6,002	5,639	5,229	4,579	4,240
Minority Interest	2.06	2.06	213.44	181.83	159.56	146.51
Shareholders' Equity	6,073	6,004	5,852	5,410	4,739	4,386
Total Liabilities & Equity	8,824	8,866	8,294	7,819	7,335	6,971
Total Debt	169.09	214.76	509.49	402.82	538.57	271.42
Net Cash (Debt)	2,702	2,996	2,488	1,865	1,173	1,028
Net Cash Growth	17.10%	20.40%	33.42%	58.99%	14.06%	-25.55%
Net Cash Per Share	3.00	3.35	2.75	2.10	1.29	1.14
Filing Date Shares Outstanding	955.88	896.7	894.65	895.33	888.32	907.05
Total Common Shares Outstanding	955.88	896.7	894.65	895.33	888.32	907.05
Working Capital	3,175	3,086	3,169	2,945	2,372	2,059
Book Value Per Share	6.35	6.69	6.30	5.84	5.16	4.67
Tangible Book Value	5,912	5,841	5,474	5,059	4,405	4,060
Tangible Book Value Per Share	6.18	6.51	6.12	5.65	4.96	4.48
Buildings	-	-	811.25	760.64	2,607	688.95
Machinery	-	-	2,858	2,755	817.14	2,520
Construction In Progress	-	-	494.81	80.72	79.57	259.34

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