SHE:002602 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	12,685	11,808	6,528	3,520	2,201	3,031
Short-Term Investments	-	-	74.18	-	-	-
Trading Asset Securities	0.08	0.1	0.14	0.27	185.66	268.64
Cash & Short-Term Investments	12,685	11,808	6,602	3,520	2,386	3,300
Cash Growth	86.65%	78.85%	87.54%	47.53%	-27.69%	-15.08%
Accounts Receivable	4,273	4,195	3,660	2,980	2,967	3,818
Other Receivables	1,539	1,559	676.19	767.95	1,081	1,425
Receivables	5,812	5,753	4,336	3,748	4,049	5,244
Inventory	782.52	766	761.18	669.52	626.73	583.7
Other Current Assets	726.83	649.61	552.77	445.32	577.53	441.05
Total Current Assets	20,006	18,977	12,252	8,383	7,639	9,568
Property, Plant & Equipment	2,210	2,025	1,915	2,102	1,627	1,957
Long-Term Investments	7,760	7,835	8,406	9,844	9,510	11,125
Goodwill	11,769	11,837	12,022	11,488	12,077	16,402
Other Intangible Assets	1,430	1,565	2,049	2,590	268.94	343.29
Long-Term Deferred Tax Assets	1,305	1,241	830.54	443.66	478.83	460.95
Long-Term Deferred Charges	240.9	250.93	317.48	365.56	453.53	541.62
Other Long-Term Assets	914.57	697.9	1,133	1,524	1,258	244.71
Total Assets	45,637	44,429	38,924	36,739	33,312	40,643
Accounts Payable	1,158	1,088	1,051	1,250	1,440	1,384
Accrued Expenses	819.53	5,201	3,609	1,781	843.24	724.78
Short-Term Debt	1,001	889.64	849.22	470.93	590.14	758.24
Current Portion of Long-Term Debt	-	90.59	2,399	12.56	5.01	4.97
Current Portion of Leases	-	84.75	131.09	124.95	130.79	161.84
Current Income Taxes Payable	1,161	697.88	563.31	258.62	179.38	422.1
Current Unearned Revenue	1,386	1,296	1,338	1,058	817.91	780.44
Other Current Liabilities	4,690	1,002	1,589	1,230	745.76	3,471
Total Current Liabilities	10,217	10,349	11,530	6,186	4,752	7,707
Long-Term Debt	809.9	809.9	-	2,875	2,433	14.8
Long-Term Leases	339.59	343.74	148.42	190.22	187.78	245.69
Long-Term Unearned Revenue	98.18	107.64	103.59	127.84	117.7	113.78
Pension & Post-Retirement Benefits	13	11.49	13.63	11.14	9.94	-
Long-Term Deferred Tax Liabilities	244.98	247.35	140.25	140.45	126.17	148.89
Other Long-Term Liabilities	1,072	1,339	1,538	1,827	336.38	258.21
Total Liabilities	12,795	13,209	13,474	11,358	7,963	8,489
Common Stock	7,371	7,371	7,453	7,453	7,453	7,453
Additional Paid-In Capital	14,288	14,455	15,117	15,100	14,332	14,677
Retained Earnings	12,685	10,659	5,042	3,813	3,712	10,803
Treasury Stock	-1,411	-1,379	-1,638	-1,587	-1,587	-1,581
Comprehensive Income & Other	-637.17	-440.48	-1,165	-487.64	215.73	-268.47
Total Common Equity	32,296	30,666	24,809	24,291	24,125	31,082
Minority Interest	545.51	554.2	641.67	1,090	1,223	1,072
Shareholders' Equity	32,842	31,220	25,450	25,381	25,349	32,154
Total Liabilities & Equity	45,637	44,429	38,924	36,739	33,312	40,643
Total Debt	2,150	2,219	3,527	3,674	3,347	1,186
Net Cash (Debt)	10,535	9,589	3,075	-153.44	-960.58	2,114
Net Cash Growth	107.01%	211.88%	-	-	-	-
Net Cash Per Share	1.46	1.33	0.43	-0.02	-0.13	0.29
Filing Date Shares Outstanding	7,240	6,957	6,907	7,378	6,555	7,355
Total Common Shares Outstanding	7,240	6,957	6,907	7,378	6,555	7,355
Working Capital	9,789	8,627	722.01	2,197	2,887	1,861
Book Value Per Share	4.46	4.41	3.59	3.29	3.68	4.23
Tangible Book Value	19,097	17,263	10,738	10,213	11,780	14,337
Tangible Book Value Per Share	2.64	2.48	1.55	1.38	1.80	1.95
Buildings	-	1,362	1,414	1,438	1,141	1,110
Machinery	-	1,541	1,526	1,608	1,305	1,392
Construction In Progress	-	350.44	232.5	135.22	74.96	76.3

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