SHE:002534 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	3,113	3,043	3,530	3,841	3,613	3,754
Trading Asset Securities	776.58	827.13	-	-	25.05	181.94
Cash & Short-Term Investments	3,889	3,870	3,530	3,841	3,638	3,936
Cash Growth	25.30%	9.65%	-8.10%	5.56%	-7.56%	41.92%
Accounts Receivable	3,774	3,969	4,336	4,662	4,297	3,284
Other Receivables	229.54	236.14	150.63	161.84	229.6	170.83
Receivables	4,003	4,205	4,487	4,824	4,527	3,455
Inventory	1,259	1,222	1,552	1,399	1,903	1,707
Prepaid Expenses	-	-	-	-	0.87	-
Other Current Assets	461.69	359.38	469.64	669.33	815.96	819.86
Total Current Assets	9,613	9,657	10,038	10,733	10,885	9,917
Property, Plant & Equipment	2,277	2,287	2,340	2,281	2,024	1,778
Long-Term Investments	317.51	325.04	461.08	560.53	848.72	484.86
Goodwill	55.74	55.74	55.74	55.74	154.28	20.54
Other Intangible Assets	448	457.05	516.77	507.79	506.37	413.99
Long-Term Deferred Tax Assets	299	296.23	295.83	325.92	279.87	215.24
Long-Term Deferred Charges	24.16	21.25	17.02	16.22	14.82	4.13
Other Long-Term Assets	1,240	1,253	1,288	1,473	1,239	1,107
Total Assets	14,274	14,352	15,013	15,953	15,953	13,941
Accounts Payable	4,466	4,463	4,770	5,346	5,043	4,085
Accrued Expenses	101.32	165.95	153.72	166.95	170.88	292.07
Short-Term Debt	13	23	162.04	545.33	903.94	349.5
Current Portion of Long-Term Debt	-	10.01	10.41	630.66	20.04	-
Current Portion of Leases	-	3.35	5.73	14.11	28.16	23.07
Current Income Taxes Payable	-	61.91	38.68	47.39	37.58	26.78
Current Unearned Revenue	1,927	1,852	2,275	2,090	2,422	2,439
Other Current Liabilities	445.9	497.79	555.37	456.62	685.15	526.88
Total Current Liabilities	6,953	7,077	7,970	9,297	9,311	7,742
Long-Term Debt	293.21	293.23	1,546	1,475	1,634	1,313
Long-Term Leases	44.24	42.54	32.17	40.14	119.11	127.28
Long-Term Unearned Revenue	582.08	590.26	598.64	611.67	617.61	615.39
Long-Term Deferred Tax Liabilities	-	-	-	11.11	16.4	15.27
Other Long-Term Liabilities	208.68	214.49	154.59	166.66	136.74	114.46
Total Liabilities	8,082	8,218	10,301	11,601	11,835	9,927
Common Stock	835.94	835.94	739.21	739.2	739.2	739.2
Additional Paid-In Capital	1,904	1,905	775.98	809.34	738.93	745.21
Retained Earnings	2,873	2,813	2,523	2,157	2,176	2,116
Treasury Stock	-	-	-10.8	-	-158.61	-158.61
Comprehensive Income & Other	54.78	55.28	192.17	198.61	203.98	195.23
Total Common Equity	5,667	5,608	4,220	3,904	3,700	3,637
Minority Interest	525.11	525.15	492.29	447.82	418.61	376.48
Shareholders' Equity	6,192	6,134	4,712	4,352	4,119	4,014
Total Liabilities & Equity	14,274	14,352	15,013	15,953	15,953	13,941
Total Debt	350.45	372.13	1,756	2,705	2,705	1,812
Net Cash (Debt)	3,539	3,498	1,774	1,136	933.23	2,124
Net Cash Growth	155.53%	97.21%	56.16%	21.71%	-56.06%	-6.57%
Net Cash Per Share	4.41	4.49	2.34	1.46	1.28	2.93
Filing Date Shares Outstanding	859.61	835.94	738.27	739.2	718.63	718.63
Total Common Shares Outstanding	859.61	835.94	738.27	739.2	718.63	718.63
Working Capital	2,660	2,579	2,068	1,436	1,575	2,175
Book Value Per Share	6.59	6.71	5.72	5.28	5.15	5.06
Tangible Book Value	5,164	5,096	3,647	3,341	3,039	3,203
Tangible Book Value Per Share	6.01	6.10	4.94	4.52	4.23	4.46
Buildings	-	2,026	2,098	1,649	1,142	981.13
Machinery	-	991.14	988.78	995.42	972.15	760.43
Construction In Progress	-	48.39	4.29	290.85	405.05	487.48

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