SHE:002556 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	1,030	1,159	961.98	1,116	1,456	1,633
Short-Term Investments	-	165.91	239.93	694.44	-	30.04
Trading Asset Securities	13.24	8.14	18.95	1.78	21.21	40.11
Cash & Short-Term Investments	1,044	1,333	1,221	1,812	1,477	1,703
Cash Growth	1.54%	9.18%	-32.64%	22.68%	-13.27%	-15.63%
Accounts Receivable	1,091	671.62	541.37	572.29	505.11	453.86
Other Receivables	42.98	48.05	80.16	126.36	93.87	182.98
Receivables	1,134	719.67	621.53	698.65	598.98	636.84
Inventory	3,181	3,045	3,000	2,584	2,412	2,367
Other Current Assets	1,903	1,292	1,196	1,477	1,657	1,585
Total Current Assets	7,262	6,390	6,038	6,572	6,146	6,292
Property, Plant & Equipment	2,617	2,674	2,848	2,783	2,518	2,120
Long-Term Investments	1,001	1,166	1,499	1,940	2,026	1,447
Goodwill	74.16	74.16	74.16	77.77	113.06	138.59
Other Intangible Assets	387.1	390.36	408.54	475.83	487.86	429.14
Long-Term Deferred Tax Assets	71.3	71.93	71.86	93.72	97.66	100.58
Long-Term Deferred Charges	20.86	21.55	22.1	24.4	19.78	22.71
Other Long-Term Assets	150.44	-24.11	-137.39	-316.36	190.49	399.65
Total Assets	11,584	10,764	10,825	11,650	11,599	11,017
Accounts Payable	2,841	2,309	2,603	3,045	3,374	2,643
Accrued Expenses	66.64	264.03	224.83	230.57	196.97	283.11
Short-Term Debt	1,147	804.91	874.12	1,519	1,588	2,430
Current Portion of Long-Term Debt	571.16	604.75	324.44	67.34	-	130
Current Portion of Leases	-	11.86	17.49	9.72	7.7	21.94
Current Income Taxes Payable	96.94	36.41	28.8	34.31	50.43	43.81
Current Unearned Revenue	1,370	1,489	855.84	916.89	1,377	904.65
Other Current Liabilities	281.72	179.08	158.13	211.07	215.7	243.48
Total Current Liabilities	6,375	5,699	5,087	6,034	6,810	6,700
Long-Term Debt	1,178	1,100	1,737	1,523	311.6	28.71
Long-Term Leases	38.96	38.55	38.49	51.94	53.09	54.19
Long-Term Unearned Revenue	124.22	128.85	112.54	63.23	64.24	65.36
Long-Term Deferred Tax Liabilities	7.04	8.61	11.1	34.23	45.33	27.94
Other Long-Term Liabilities	20.65	6.37	5.84	5.15	16.35	61.13
Total Liabilities	7,743	6,981	6,992	7,711	7,300	6,937
Common Stock	946.52	946.52	946.52	953.99	953.99	953.99
Additional Paid-In Capital	1,330	1,330	1,331	1,459	1,478	1,451
Retained Earnings	1,554	1,500	1,537	1,552	1,756	1,436
Treasury Stock	-200.41	-200.41	-200.41	-280.41	-130.01	-
Comprehensive Income & Other	26.83	27.24	21.17	24.17	19.81	3.16
Total Common Equity	3,657	3,604	3,635	3,708	4,077	3,844
Minority Interest	183.79	179.35	197.79	230.3	221.69	235.9
Shareholders' Equity	3,841	3,783	3,833	3,938	4,299	4,080
Total Liabilities & Equity	11,584	10,764	10,825	11,650	11,599	11,017
Total Debt	2,934	2,560	2,992	3,171	1,960	2,665
Net Cash (Debt)	-1,891	-1,227	-1,771	-1,359	-482.97	-961.37
Net Cash Per Share	-2.06	-1.33	-1.89	-1.42	-0.50	-0.99
Filing Date Shares Outstanding	893.07	919.14	919.14	919.14	940.85	953.99
Total Common Shares Outstanding	893.07	919.14	919.14	919.14	940.85	953.99
Working Capital	887.04	690.93	951.55	537.93	-663.85	-408.1
Book Value Per Share	4.09	3.92	3.95	4.03	4.33	4.03
Tangible Book Value	3,195	3,139	3,152	3,155	3,476	3,276
Tangible Book Value Per Share	3.58	3.42	3.43	3.43	3.69	3.43
Buildings	-	1,971	1,903	1,802	1,336	1,373
Machinery	-	2,274	2,101	2,057	1,911	1,186
Construction In Progress	-	22.76	236.55	130.73	239.23	377.3

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