SHE:002491 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	951.26	689.75	860.91	1,220	1,278	890.55
Short-Term Investments	-	-	0.53	0.53	0.53	0.53
Trading Asset Securities	236.65	295.51	415.44	423.97	351.52	457.09
Cash & Short-Term Investments	1,188	985.26	1,277	1,644	1,630	1,348
Cash Growth	-36.00%	-22.84%	-22.33%	0.84%	20.92%	-30.22%
Accounts Receivable	1,673	1,543	1,369	1,384	1,217	1,122
Other Receivables	92.55	84.67	49.57	53.26	103.7	133.02
Receivables	1,765	1,627	1,418	1,438	1,320	1,255
Inventory	1,179	1,052	818.33	822.41	878.22	922.83
Prepaid Expenses	-	-	1.21	1.13	-	-
Other Current Assets	143.83	93.16	58.34	46.1	50.76	200.24
Total Current Assets	4,276	3,757	3,573	3,951	3,880	3,726
Property, Plant & Equipment	567	585.4	586.28	626.49	712.99	798.99
Long-Term Investments	570.1	572.59	643.6	612.69	529.16	711.58
Goodwill	168.4	168.4	-	-	-	-
Other Intangible Assets	80.66	82.76	50.24	57.19	65.37	131.37
Long-Term Deferred Tax Assets	127.13	135.49	133.76	80.37	114.73	136.93
Long-Term Deferred Charges	365.98	366.5	367.82	377.49	399.89	393.69
Other Long-Term Assets	75.69	46.75	120.02	182.36	282.34	309.99
Total Assets	6,231	5,715	5,475	5,888	5,984	6,209
Accounts Payable	590	466.18	846.47	1,157	1,304	589.75
Accrued Expenses	56.3	72.61	55.84	77.13	70.06	70.05
Short-Term Debt	2,234	1,939	1,540	1,704	2,164	2,903
Current Portion of Long-Term Debt	169.9	171.15	149.91	170.24	2.56	102.36
Current Portion of Leases	-	-	13.33	7.56	14.4	7.68
Current Income Taxes Payable	42.89	17.62	1.99	6.25	5.98	0.81
Current Unearned Revenue	50.8	25.87	10.74	24.38	18.3	20.08
Other Current Liabilities	208.38	209.48	223.22	187.26	39.62	222.3
Total Current Liabilities	3,353	2,902	2,841	3,334	3,619	3,916
Long-Term Debt	82.92	78.54	-	-	47.5	-
Long-Term Leases	22.31	23.52	7.9	6.22	12.75	18.65
Long-Term Unearned Revenue	6.46	6.69	33.04	35.27	37.51	80.67
Long-Term Deferred Tax Liabilities	5.19	14.05	33.26	33.07	20.19	41.32
Other Long-Term Liabilities	26.47	23.56	-	-	-	-
Total Liabilities	3,496	3,048	2,915	3,408	3,737	4,057
Common Stock	1,230	1,230	1,230	1,230	1,230	1,241
Additional Paid-In Capital	1,180	1,179	1,174	1,173	1,167	1,262
Retained Earnings	141.37	90.1	166.49	89.22	-147.54	-273.05
Treasury Stock	-	-	-	-	-	-76
Comprehensive Income & Other	-30.62	-30.38	-24.63	-26.69	-22.8	-19.86
Total Common Equity	2,520	2,469	2,546	2,466	2,227	2,134
Minority Interest	214.57	198.44	13.32	13.66	20.06	18.34
Shareholders' Equity	2,735	2,667	2,559	2,479	2,247	2,152
Total Liabilities & Equity	6,231	5,715	5,475	5,888	5,984	6,209
Total Debt	2,509	2,212	1,711	1,888	2,242	3,032
Net Cash (Debt)	-1,322	-1,227	-434.02	-243.65	-611.35	-1,683
Net Cash Per Share	-1.07	-1.00	-0.35	-0.20	-0.49	-1.35
Filing Date Shares Outstanding	1,230	1,229	1,230	1,230	1,230	1,220
Total Common Shares Outstanding	1,230	1,229	1,230	1,230	1,230	1,220
Working Capital	923.27	855.42	731.58	617.4	260.52	-189.8
Book Value Per Share	2.05	2.01	2.07	2.00	1.81	1.75
Tangible Book Value	2,271	2,217	2,496	2,409	2,162	2,002
Tangible Book Value Per Share	1.85	1.80	2.03	1.96	1.76	1.64
Buildings	-	-	521.57	520.46	519.63	491.81
Machinery	-	-	1,181	1,172	1,187	1,147
Construction In Progress	-	-	25.17	18.59	9.08	80.26

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