SHE:002544 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	1,392	1,988	2,074	2,382	2,361	2,251
Short-Term Investments	-	-	-	-	10.56	-
Trading Asset Securities	-	-	-	-	-	110
Cash & Short-Term Investments	1,392	1,988	2,074	2,382	2,372	2,361
Cash Growth	-8.56%	-4.16%	-12.93%	0.45%	0.47%	-21.04%
Accounts Receivable	4,074	4,320	4,710	4,850	4,858	3,676
Other Receivables	71.18	2.6	3.94	1.65	26.69	9.91
Receivables	4,146	4,323	4,714	4,852	4,885	3,686
Inventory	1,179	1,131	1,351	1,313	1,266	1,342
Prepaid Expenses	-	27.95	28.67	24.22	-	0.9
Other Current Assets	226.38	126.09	186.61	229.35	210.93	270.28
Total Current Assets	6,943	7,595	8,355	8,800	8,733	7,659
Property, Plant & Equipment	1,122	1,134	1,016	878.45	734.53	718.29
Long-Term Investments	-	-	-	-	-	0.87
Other Intangible Assets	256.37	261.37	242.97	194.34	185.81	180.48
Long-Term Accounts Receivable	-	-	44.79	98.12	-	-
Long-Term Deferred Tax Assets	161.53	161.9	158.7	142.08	119.22	106.95
Long-Term Deferred Charges	138.12	118.12	48.34	45.13	34.41	25.45
Other Long-Term Assets	16.51	18.41	28.33	19.1	20.25	27.37
Total Assets	8,638	9,289	9,894	10,178	9,828	8,719
Accounts Payable	3,341	3,775	4,220	4,615	4,383	3,292
Accrued Expenses	63.55	143.13	105.2	120.21	251.08	184.14
Short-Term Debt	374.62	475.29	675.18	646.49	680.47	492.34
Current Portion of Long-Term Debt	-	98.07	0.07	198.13	-	-
Current Portion of Leases	105.54	8.67	19.31	17.31	0.52	20.44
Current Income Taxes Payable	18.03	15.27	20.35	11.38	33.01	18.35
Current Unearned Revenue	578.24	522.63	501.04	274.04	137.98	282.11
Other Current Liabilities	257.45	331.14	357.08	372.12	208.2	235.66
Total Current Liabilities	4,739	5,369	5,899	6,255	5,694	4,525
Long-Term Debt	-	-	100	-	200.15	400.47
Long-Term Leases	11.8	11.42	45.39	50.15	1.78	20.54
Long-Term Unearned Revenue	69.21	73.47	11.92	22.44	33.36	45.09
Long-Term Deferred Tax Liabilities	2.59	2.74	10.89	9.82	0.39	-
Other Long-Term Liabilities	1.72	1.8	-	-	-	-
Total Liabilities	4,824	5,458	6,067	6,337	5,930	4,991
Common Stock	680.53	680.53	680.53	682.62	682.69	683.19
Additional Paid-In Capital	1,948	1,948	1,949	1,960	1,954	1,939
Retained Earnings	1,127	1,143	1,124	1,130	1,201	1,058
Treasury Stock	-	-	-	-14.03	-39.05	-45.28
Comprehensive Income & Other	-29.36	-28.78	-27.5	-28.92	-26.56	-24.09
Total Common Equity	3,725	3,743	3,726	3,730	3,771	3,611
Minority Interest	88.68	87.83	100.88	110.11	126.34	116.59
Shareholders' Equity	3,814	3,830	3,827	3,840	3,898	3,728
Total Liabilities & Equity	8,638	9,289	9,894	10,178	9,828	8,719
Total Debt	491.96	593.44	839.94	912.07	882.91	933.79
Net Cash (Debt)	899.87	1,395	1,234	1,470	1,489	1,427
Net Cash Growth	3.69%	12.99%	-16.04%	-1.25%	4.34%	-20.14%
Net Cash Per Share	1.32	2.05	1.81	2.07	2.16	2.12
Filing Date Shares Outstanding	680.53	680.53	680.53	682.62	682.69	683.19
Total Common Shares Outstanding	680.53	680.53	680.53	682.62	682.69	683.19
Working Capital	2,205	2,226	2,456	2,545	3,039	3,134
Book Value Per Share	5.47	5.50	5.48	5.46	5.52	5.29
Tangible Book Value	3,469	3,481	3,483	3,536	3,585	3,431
Tangible Book Value Per Share	5.10	5.12	5.12	5.18	5.25	5.02
Buildings	-	916.67	505.42	504.56	499.05	489.73
Machinery	-	888.37	740.61	728.16	686.11	632.24
Construction In Progress	-	16.29	375.38	219.74	139.15	80.3

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