SHE:002600 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	5,397	6,183	6,573	3,018	2,731	2,866
Short-Term Investments	-	80.23	-	-	-	-
Trading Asset Securities	1,005	1,529	6.96	74.3	1,197	207.65
Cash & Short-Term Investments	6,402	7,793	6,580	3,092	3,927	3,073
Cash Growth	3.54%	18.42%	112.79%	-21.26%	27.78%	-31.86%
Accounts Receivable	13,071	14,427	11,798	9,135	9,442	9,426
Other Receivables	351.46	431.05	386.71	315.93	195.23	541.56
Receivables	13,423	14,858	12,184	9,451	9,637	9,967
Inventory	6,977	7,446	6,003	5,903	5,253	5,085
Prepaid Expenses	-	30.92	22.79	31.34	11.18	10.08
Other Current Assets	1,576	1,154	755.43	678.95	579.1	679.33
Total Current Assets	28,378	31,282	25,546	19,157	19,407	18,815
Property, Plant & Equipment	19,092	18,691	13,838	12,089	11,460	11,447
Long-Term Investments	892.68	2,090	1,825	1,651	785.3	459.8
Goodwill	3,488	2,704	1,174	1,303	1,367	1,761
Other Intangible Assets	1,373	1,262	995.41	1,099	1,212	1,044
Long-Term Deferred Tax Assets	768.95	732.46	676.94	630.11	775.14	759.74
Long-Term Deferred Charges	629.48	529.04	528.92	685.94	734.23	729.72
Other Long-Term Assets	1,611	609.38	609.49	573.16	450.45	530.82
Total Assets	56,233	57,900	45,193	37,188	36,192	35,547
Accounts Payable	11,667	14,103	10,418	8,027	6,960	8,119
Accrued Expenses	463.54	1,632	1,276	1,044	899.39	938.56
Short-Term Debt	4,669	4,532	929.24	1,487	2,027	3,344
Current Portion of Long-Term Debt	5,239	4,511	2,266	1,955	2,572	1,027
Current Portion of Leases	-	385.13	293.63	217.3	205.65	199.52
Current Income Taxes Payable	635.83	373.6	213.73	169.03	138.73	29.79
Current Unearned Revenue	52.58	250.15	164.61	193.63	174.33	15.62
Other Current Liabilities	1,208	697.63	236.05	143.62	261.99	303.77
Total Current Liabilities	23,935	26,485	15,798	13,237	13,238	13,976
Long-Term Debt	4,832	4,299	7,903	3,986	3,825	4,238
Long-Term Leases	1,180	1,117	503.41	487.47	531.91	640.25
Long-Term Unearned Revenue	618.08	627.58	747.27	771.82	671.7	344.67
Pension & Post-Retirement Benefits	-	25.32	-	-	-	-
Long-Term Deferred Tax Liabilities	328.44	340.88	386.9	389.42	406.74	282.95
Other Long-Term Liabilities	449.67	647.78	5.96	4.71	261.07	221.74
Total Liabilities	31,343	33,543	25,345	18,877	18,935	19,704
Common Stock	1,831	1,831	1,756	1,756	1,764	1,772
Additional Paid-In Capital	11,536	11,430	8,916	8,770	8,831	8,949
Retained Earnings	11,820	11,428	9,426	7,976	6,933	5,337
Treasury Stock	-405.11	-405.11	-226.75	-230.43	-392.04	-178.14
Comprehensive Income & Other	-388.1	-243.6	-85.24	-21.72	30.48	-73.97
Total Common Equity	24,394	24,040	19,786	18,251	17,167	15,806
Minority Interest	496.35	317.81	62.65	60.94	90.29	36.62
Shareholders' Equity	24,890	24,358	19,849	18,312	17,257	15,842
Total Liabilities & Equity	56,233	57,900	45,193	37,188	36,192	35,547
Total Debt	15,920	14,844	11,895	8,133	9,162	9,449
Net Cash (Debt)	-9,518	-7,051	-5,315	-5,041	-5,234	-6,375
Net Cash Per Share	-1.30	-0.99	-0.76	-0.71	-0.72	-0.92
Filing Date Shares Outstanding	7,833	6,930	6,996	6,991	7,039	7,071
Total Common Shares Outstanding	7,833	6,930	6,996	6,991	7,039	7,071
Working Capital	4,443	4,798	9,748	5,920	6,169	4,838
Book Value Per Share	3.11	3.47	2.83	2.61	2.44	2.24
Tangible Book Value	19,533	20,075	17,617	15,849	14,587	13,001
Tangible Book Value Per Share	2.49	2.90	2.52	2.27	2.07	1.84
Buildings	-	5,712	4,124	3,896	3,572	3,144
Machinery	-	18,990	15,625	13,952	12,498	11,371
Construction In Progress	-	2,860	2,078	1,051	980.49	1,192

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