SHE:002532 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	4,911	6,540	9,108	7,812	8,832	7,576
Cash & Short-Term Investments	4,911	6,540	9,108	7,812	8,832	7,576
Cash Growth	-18.63%	-28.20%	16.59%	-11.55%	16.57%	-28.03%
Accounts Receivable	2,115	2,353	965.34	1,563	1,915	1,657
Other Receivables	240.72	167.18	142.87	91.84	4.51	3.36
Receivables	2,356	2,520	1,108	1,655	1,919	1,660
Inventory	7,035	7,187	8,824	9,543	9,532	8,834
Prepaid Expenses	-	3.25	0.4	7.05	17.23	-
Other Current Assets	1,564	1,614	1,891	2,495	4,623	4,661
Total Current Assets	15,865	17,865	20,931	21,512	24,923	22,732
Property, Plant & Equipment	30,484	30,558	30,224	30,813	29,817	28,650
Goodwill	6.18	6.18	-	-	-	-
Other Intangible Assets	3,806	3,838	3,836	1,480	1,488	1,124
Long-Term Accounts Receivable	-	119.7	131.17	142.64	154.1	165.57
Long-Term Deferred Tax Assets	606.69	604.27	526.96	400.9	340.95	287.24
Other Long-Term Assets	1,366	1,158	1,130	2,749	586.51	523.06
Total Assets	52,133	54,150	56,780	57,097	57,310	53,482
Accounts Payable	4,408	6,818	9,286	7,010	14,545	13,210
Accrued Expenses	65.01	1,217	1,435	1,395	1,149	962.39
Short-Term Debt	2,763	2,767	4,376	8,863	4,411	3,963
Current Portion of Long-Term Debt	4,238	3,861	3,584	4,218	3,117	3,017
Current Portion of Leases	-	229.69	549.14	662.67	689.48	848.6
Current Income Taxes Payable	1,816	517.62	484.84	245.77	507.55	1,018
Current Unearned Revenue	131.65	108	211.84	72.43	177.4	831
Other Current Liabilities	2,350	2,383	1,354	2,155	1,703	1,876
Total Current Liabilities	15,772	17,902	21,280	24,621	26,298	25,727
Long-Term Debt	4,486	6,078	7,668	7,021	6,642	5,439
Long-Term Leases	21.55	47.39	399.3	811.9	942.12	500.74
Long-Term Unearned Revenue	478.57	491.68	511.09	448.24	449.54	460.05
Long-Term Deferred Tax Liabilities	65.51	67.03	87.56	86	72.85	86.33
Total Liabilities	20,823	24,586	29,946	32,988	34,404	32,213
Common Stock	4,629	4,629	4,652	4,652	4,652	4,652
Additional Paid-In Capital	8,699	8,699	8,826	8,826	8,891	8,871
Retained Earnings	18,368	16,608	13,631	10,790	9,511	7,745
Treasury Stock	-300.03	-300.03	-250.03	-150.01	-150.01	-
Comprehensive Income & Other	-74.72	-68.63	-27.04	-11.17	-0.2	-1.4
Total Common Equity	31,321	29,567	26,831	24,107	22,904	21,267
Minority Interest	-11.01	-4.13	2.51	2.04	2.15	2.17
Shareholders' Equity	31,310	29,563	26,834	24,109	22,906	21,269
Total Liabilities & Equity	52,133	54,150	56,780	57,097	57,310	53,482
Total Debt	11,508	12,984	16,576	21,577	15,800	13,769
Net Cash (Debt)	-6,598	-6,444	-7,469	-13,765	-6,968	-6,193
Net Cash Per Share	-1.44	-1.40	-1.61	-3.00	-1.50	-1.32
Filing Date Shares Outstanding	4,590	4,590	4,614	4,629	4,629	4,652
Total Common Shares Outstanding	4,590	4,590	4,614	4,629	4,629	4,652
Working Capital	93.61	-37.41	-348.91	-3,110	-1,375	-2,995
Book Value Per Share	6.82	6.44	5.82	5.21	4.95	4.57
Tangible Book Value	27,509	25,723	22,995	22,627	21,416	20,143
Tangible Book Value Per Share	5.99	5.60	4.98	4.89	4.63	4.33
Buildings	-	14,772	14,227	12,953	12,924	12,240
Machinery	-	26,421	23,863	22,572	21,920	18,926
Construction In Progress	-	1,877	2,862	4,344	2,414	3,523

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