SHE:002573 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,228	1,255	926.36	1,191	1,570	1,597
Short-Term Investments	-	-	-	-	-	50
Trading Asset Securities	29.97	93.44	7.05	68.79	8.74	125.32
Cash & Short-Term Investments	1,258	1,348	933.4	1,260	1,579	1,772
Cash Growth	44.44%	44.42%	-25.89%	-20.22%	-10.91%	226.78%
Accounts Receivable	5,238	5,174	5,393	5,693	5,163	5,038
Other Receivables	759.25	893.31	763.46	809.35	608.69	542.42
Receivables	5,998	6,068	6,157	6,502	5,772	5,580
Inventory	1,499	1,436	1,744	1,385	1,715	1,207
Other Current Assets	770.63	719.05	754.24	983.14	1,033	861.97
Total Current Assets	9,525	9,571	9,588	10,130	10,099	9,421
Property, Plant & Equipment	5,577	5,697	6,330	6,437	6,091	5,068
Long-Term Investments	859.27	804.16	841.84	785.67	778.79	850.43
Goodwill	559.07	559.07	679	679	679	328.26
Other Intangible Assets	5,593	5,676	5,919	4,776	4,603	4,669
Long-Term Accounts Receivable	-	640.34	692.32	745.85	667.26	734.06
Long-Term Deferred Tax Assets	358.03	358.27	269.27	307.65	206.23	167.52
Long-Term Deferred Charges	56.76	57.82	63.17	81.47	100.13	86.07
Other Long-Term Assets	1,412	749.62	510.35	614.05	451.05	262.4
Total Assets	23,941	24,113	24,892	24,557	23,675	21,587
Accounts Payable	2,368	2,566	2,509	2,301	2,258	2,598
Accrued Expenses	450.78	415.49	359.21	353.88	436.69	534.55
Short-Term Debt	4,295	4,238	3,997	2,918	2,491	1,960
Current Portion of Long-Term Debt	-	1,781	1,908	1,927	1,709	1,040
Current Portion of Leases	-	64.78	73.53	32.69	38.83	24.05
Current Income Taxes Payable	-	43.88	25.85	69.9	65.03	45.55
Current Unearned Revenue	814.28	864.17	1,008	734.86	1,014	961.36
Other Current Liabilities	2,634	1,022	1,058	862.97	721.14	619.96
Total Current Liabilities	10,562	10,996	10,939	9,201	8,734	7,784
Long-Term Debt	5,362	5,093	5,306	6,466	6,299	6,093
Long-Term Leases	107.93	108.11	142.43	197.92	246.2	101.13
Long-Term Unearned Revenue	533.64	541.12	568.35	553.12	549.35	539.41
Long-Term Deferred Tax Liabilities	118.78	120.47	111.72	85.56	55.41	29.28
Other Long-Term Liabilities	395.7	376.69	320.25	220.02	166.85	143.95
Total Liabilities	17,080	17,235	17,387	16,723	16,051	14,690
Common Stock	1,415	1,415	1,424	1,434	1,434	1,404
Additional Paid-In Capital	1,411	1,411	1,488	1,489	1,483	1,397
Retained Earnings	2,690	2,669	3,092	3,603	3,633	3,325
Treasury Stock	-	-	-32.71	-96.91	-101.54	-
Comprehensive Income & Other	-23.21	-21.04	-23.04	-24.1	-36.91	-37.16
Total Common Equity	5,494	5,474	5,948	6,405	6,412	6,089
Minority Interest	1,368	1,404	1,557	1,429	1,212	807.13
Shareholders' Equity	6,862	6,878	7,505	7,834	7,624	6,896
Total Liabilities & Equity	23,941	24,113	24,892	24,557	23,675	21,587
Total Debt	9,764	11,286	11,427	11,542	10,785	9,218
Net Cash (Debt)	-8,507	-9,938	-10,494	-10,283	-9,206	-7,446
Net Cash Per Share	-6.01	-7.02	-7.46	-7.20	-6.54	-5.63
Filing Date Shares Outstanding	1,419	1,415	1,424	1,434	1,385	1,404
Total Common Shares Outstanding	1,419	1,415	1,424	1,434	1,385	1,404
Working Capital	-1,037	-1,425	-1,351	929.67	1,365	1,637
Book Value Per Share	3.87	3.87	4.18	4.47	4.63	4.34
Tangible Book Value	-658.72	-760.41	-649.3	949.92	1,130	1,092
Tangible Book Value Per Share	-0.46	-0.54	-0.46	0.66	0.82	0.78
Buildings	-	2,969	2,655	2,110	1,304	1,146
Machinery	-	6,608	6,600	6,350	5,787	5,549
Construction In Progress	-	441.02	780.15	1,019	1,361	351.74

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