SHE:002585 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	1,255	688.89	492.04	937.83	713.66	1,254
Cash & Short-Term Investments	1,255	688.89	492.04	937.83	713.66	1,254
Cash Growth	237.25%	40.01%	-47.53%	31.41%	-43.08%	-28.27%
Accounts Receivable	1,281	1,199	1,318	1,413	1,386	1,762
Other Receivables	0.33	343.26	1.06	0.73	1.64	2.57
Receivables	1,282	1,542	1,319	1,413	1,388	1,765
Inventory	1,956	2,051	2,464	2,102	2,063	1,562
Restricted Cash	-	-	-	-	-	345.58
Other Current Assets	371.77	132.55	819.04	910.33	936.91	569.21
Total Current Assets	4,864	4,415	5,094	5,364	5,101	5,495
Property, Plant & Equipment	6,280	6,446	6,717	6,737	5,947	5,561
Long-Term Investments	856.6	844.6	782.5	699.09	616.43	523.54
Other Intangible Assets	349.69	351.55	356.94	364.38	371.82	346.93
Long-Term Deferred Tax Assets	226.87	239.48	241.58	123.63	50.31	39.75
Long-Term Deferred Charges	30.06	34.15	11.02	12.05	13.33	29.35
Other Long-Term Assets	82.75	82.65	101.63	100.28	147.68	129.55
Total Assets	12,690	12,413	13,305	13,400	12,248	12,125
Accounts Payable	1,353	1,280	2,082	1,999	1,384	1,469
Accrued Expenses	24.69	22.78	83.65	104.05	127.06	197.43
Short-Term Debt	576.16	444.96	300.98	77.67	19.92	-
Current Portion of Long-Term Debt	921.76	953.72	286.22	804.23	-	-
Current Income Taxes Payable	7.07	12.03	0.03	-	-	60.27
Current Unearned Revenue	160.02	71.01	61.8	77.79	82.77	76.4
Other Current Liabilities	489.62	496.75	614.39	799.15	474.89	905.03
Total Current Liabilities	3,533	3,281	3,429	3,862	2,088	2,708
Long-Term Debt	711.32	689.69	883.24	138.58	366.75	-
Long-Term Unearned Revenue	-	-	13.65	0.13	0.23	0.32
Long-Term Deferred Tax Liabilities	103.83	103.01	97.52	85.16	72.91	18.05
Other Long-Term Liabilities	17.88	18.56	-	-	-	-
Total Liabilities	4,366	4,093	4,423	4,086	2,528	2,727
Common Stock	1,141	1,141	1,147	1,152	1,156	1,156
Additional Paid-In Capital	5,070	5,070	5,165	5,195	5,230	5,187
Retained Earnings	2,113	2,109	2,670	3,103	3,497	3,144
Treasury Stock	-	-	-101.01	-136.3	-162.77	-88.24
Shareholders' Equity	8,324	8,320	8,882	9,314	9,720	9,399
Total Liabilities & Equity	12,690	12,413	13,305	13,400	12,248	12,125
Total Debt	2,209	2,088	1,470	1,020	386.67	-
Net Cash (Debt)	-954	-1,399	-978.39	-82.64	326.99	1,254
Net Cash Growth	-	-	-	-	-73.92%	-28.27%
Net Cash Per Share	-0.86	-1.23	-0.85	-0.07	0.28	1.09
Filing Date Shares Outstanding	1,014	1,137	1,141	1,146	1,138	1,144
Total Common Shares Outstanding	1,014	1,137	1,141	1,146	1,138	1,144
Working Capital	1,332	1,133	1,665	1,502	3,013	2,787
Book Value Per Share	8.21	7.32	7.78	8.12	8.54	8.22
Tangible Book Value	7,975	7,969	8,525	8,950	9,348	9,052
Tangible Book Value Per Share	7.86	7.01	7.47	7.81	8.22	7.91
Buildings	-	-	2,207	2,168	1,877	1,691
Machinery	-	-	7,782	6,732	6,500	5,860
Construction In Progress	-	-	1,086	1,599	1,353	1,258

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