SHE:002595 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	1,531	1,483	1,251	1,084	621.75	410.54
Short-Term Investments	-	20.62	263.7	76.49	-	-
Trading Asset Securities	256	450	250	600	-	-
Cash & Short-Term Investments	1,787	1,953	1,764	1,761	621.75	410.54
Cash Growth	21.49%	10.70%	0.19%	183.23%	51.45%	39.90%
Accounts Receivable	4,682	4,560	3,330	2,860	2,764	2,304
Other Receivables	63.79	57.86	49.42	38.14	10.61	20.74
Receivables	4,746	5,064	3,831	3,349	3,225	2,776
Inventory	3,043	2,693	2,478	1,672	1,623	1,450
Other Current Assets	766.3	269.87	209.76	120.95	99.83	154.91
Total Current Assets	10,342	9,980	8,283	6,903	5,570	4,792
Property, Plant & Equipment	3,706	3,589	2,406	2,284	2,247	2,017
Long-Term Investments	119.41	107.57	173.44	188.64	327.23	429.7
Other Intangible Assets	778.77	652.24	514.98	374.17	358	350.42
Long-Term Deferred Tax Assets	46.57	43.68	38.25	19.86	12.14	1.52
Other Long-Term Assets	379.17	394.87	262.52	143.24	77.45	53.34
Total Assets	15,372	14,767	11,678	9,914	8,592	7,644
Accounts Payable	1,043	881.05	524.89	318.68	370.4	298.94
Accrued Expenses	631.63	747.83	597.26	471.6	401.1	371.06
Short-Term Debt	70.79	210.17	44.76	-	129.75	225.06
Current Portion of Long-Term Debt	-	-	-	-	-	1.91
Current Portion of Leases	8.07	5.94	6.14	3.45	3.75	4.16
Current Income Taxes Payable	153.65	81.46	76.11	77.33	46.48	29.66
Current Unearned Revenue	395.9	334.9	199.64	112.35	68.71	58.19
Other Current Liabilities	102.09	95.41	44.48	93.57	71.48	16.71
Total Current Liabilities	2,405	2,357	1,493	1,077	1,092	1,006
Long-Term Debt	-	-	41.04	41.78	-	-
Long-Term Leases	8.27	9.07	10.76	2.59	4.02	5.65
Long-Term Unearned Revenue	162.39	126.32	60.63	34.09	31.85	25.25
Long-Term Deferred Tax Liabilities	160.27	150.34	99.42	63.28	59.08	46.99
Other Long-Term Liabilities	93.8	88.18	86.82	76.11	62.26	49.37
Total Liabilities	2,830	2,731	1,792	1,295	1,249	1,133
Common Stock	800	800	800	800	800	800
Additional Paid-In Capital	572.28	566.41	551.01	577.26	527.02	508.64
Retained Earnings	11,216	10,687	8,554	7,341	6,007	5,053
Treasury Stock	-77.48	-77.48	-77.48	-177.28	-99.79	-
Comprehensive Income & Other	22.29	50.91	51.33	71.61	103.16	143.47
Total Common Equity	12,534	12,027	9,879	8,613	7,338	6,505
Minority Interest	9.16	9.45	7.24	5.78	5.74	5.84
Shareholders' Equity	12,543	12,036	9,886	8,619	7,343	6,511
Total Liabilities & Equity	15,372	14,767	11,678	9,914	8,592	7,644
Total Debt	87.14	225.18	102.7	47.82	137.53	236.78
Net Cash (Debt)	1,700	1,728	1,662	1,713	484.23	173.76
Net Cash Growth	18.36%	4.00%	-3.00%	253.79%	178.68%	-
Net Cash Per Share	1.47	1.49	1.44	1.49	0.42	0.15
Filing Date Shares Outstanding	1,158	1,158	1,158	1,150	1,153	1,160
Total Common Shares Outstanding	1,158	1,158	1,158	1,150	1,153	1,160
Working Capital	7,938	7,623	6,790	5,826	4,478	3,786
Book Value Per Share	10.82	10.39	8.53	7.49	6.36	5.61
Tangible Book Value	11,755	11,374	9,364	8,239	6,980	6,154
Tangible Book Value Per Share	10.15	9.82	8.09	7.17	6.05	5.31
Buildings	-	1,334	1,116	1,064	963.32	765.05
Machinery	-	4,177	3,349	2,931	2,811	2,504
Construction In Progress	-	500.01	79.54	156.96	71.17	97.16

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