SHE:002603 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	783.99	1,105	853.03	940.51	1,904	995.26
Trading Asset Securities	1,645	764.42	-	205.97	518.38	55.27
Cash & Short-Term Investments	2,429	1,869	853.03	1,146	2,423	1,051
Cash Growth	108.31%	119.14%	-25.60%	-52.68%	130.61%	-32.40%
Accounts Receivable	1,865	1,649	1,390	2,596	2,178	2,361
Other Receivables	18.36	16.09	130.07	5.59	6.54	4.73
Receivables	1,884	1,665	1,520	2,602	2,184	2,366
Inventory	1,345	1,489	1,746	2,459	2,022	1,673
Prepaid Expenses	-	4.66	26.09	93.9	0.7	39.39
Other Current Assets	128.23	178.59	189.28	242.67	624.8	473.65
Total Current Assets	5,786	5,206	4,335	6,544	7,254	5,602
Property, Plant & Equipment	6,850	6,947	7,253	7,311	6,229	5,758
Long-Term Investments	2.46	5.57	6.5	1,651	1,349	1
Goodwill	101.72	103.28	109.51	115.75	-	-
Other Intangible Assets	784.51	791.87	802.57	743.52	724.01	660.5
Long-Term Deferred Tax Assets	231.72	218.35	365.84	183.58	284.43	117
Long-Term Deferred Charges	276.94	260.12	266.88	189.37	107.16	239.33
Other Long-Term Assets	144.71	142.72	180.36	241.39	392.65	527.03
Total Assets	14,178	13,675	13,319	16,979	16,341	12,905
Accounts Payable	1,499	1,468	1,897	2,847	2,061	1,621
Accrued Expenses	231.81	336.31	350.83	419.64	644.78	269.71
Short-Term Debt	-	-	-	600.35	500.35	702.48
Current Portion of Long-Term Debt	-	-	-	201.12	150.12	-
Current Portion of Leases	11.74	9.69	8.24	5.5	5.86	13.43
Current Income Taxes Payable	80.28	36.86	23.46	42.45	242.15	11.38
Current Unearned Revenue	431.98	305.76	272.34	287.52	1,106	301.56
Other Current Liabilities	57.37	51.31	55.26	43.58	140.35	40.7
Total Current Liabilities	2,312	2,208	2,607	4,447	4,850	2,960
Long-Term Debt	-	-	-	599.1	200.15	500.47
Long-Term Leases	11.7	16.04	18.21	13.01	14.97	12.53
Long-Term Unearned Revenue	355.42	359.75	377.92	352.37	335.02	357.84
Long-Term Deferred Tax Liabilities	107.47	109.11	114.25	130.14	10.24	1.39
Total Liabilities	2,787	2,693	3,117	5,541	5,411	3,833
Common Stock	1,671	1,671	1,671	1,671	1,671	1,671
Additional Paid-In Capital	2,324	2,324	2,343	2,343	2,343	2,343
Retained Earnings	7,411	7,002	6,217	7,443	6,926	5,065
Comprehensive Income & Other	-7.45	-7.83	-7.12	-6.61	-7.22	-9.71
Total Common Equity	11,398	10,989	10,223	11,450	10,932	9,069
Minority Interest	-7.44	-7.21	-21.4	-11.73	-1.95	3.04
Shareholders' Equity	11,391	10,982	10,202	11,438	10,930	9,072
Total Liabilities & Equity	14,178	13,675	13,319	16,979	16,341	12,905
Total Debt	23.44	25.74	26.45	1,419	871.45	1,229
Net Cash (Debt)	2,406	1,844	826.58	-272.6	1,551	-178.37
Net Cash Growth	111.16%	123.04%	-	-	-	-
Net Cash Per Share	1.44	1.10	0.49	-0.16	0.93	-0.11
Filing Date Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Total Common Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Working Capital	3,473	2,998	1,728	2,097	2,404	2,642
Book Value Per Share	6.82	6.58	6.12	6.85	6.54	5.43
Tangible Book Value	10,512	10,094	9,311	10,590	10,208	8,409
Tangible Book Value Per Share	6.29	6.04	5.57	6.34	6.11	5.03
Buildings	-	5,933	5,668	5,407	4,353	3,620
Machinery	-	3,876	3,581	3,098	2,484	2,005
Construction In Progress	-	890.66	1,197	1,471	1,574	1,950

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