SHE:002611 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	1,882	2,079	1,729	1,826	1,274	1,664
Short-Term Investments	-	10.91	-	-	-	103.79
Trading Asset Securities	669.88	766.66	791.4	682.63	860.83	788.19
Cash & Short-Term Investments	2,552	2,856	2,520	2,509	2,135	2,556
Cash Growth	-6.05%	13.33%	0.46%	17.50%	-16.47%	1.36%
Accounts Receivable	979.92	1,084	912.37	1,007	942.27	809.51
Other Receivables	25.22	103.04	73.55	95.74	108.94	94.64
Receivables	1,005	1,187	985.92	1,103	1,051	904.15
Inventory	1,240	1,119	1,032	1,182	1,093	867.28
Prepaid Expenses	-	-	-	-	-	8.2
Other Current Assets	201.44	94	63.9	83	413.13	39.42
Total Current Assets	4,998	5,257	4,602	4,877	4,693	4,375
Property, Plant & Equipment	1,342	1,349	1,151	889.75	695.55	636.87
Long-Term Investments	1,226	1,120	663.5	588.79	429.8	247.3
Goodwill	387.52	394.32	424.99	440.63	430.92	306.97
Other Intangible Assets	353.88	366.94	356.56	365.95	368.1	293.72
Long-Term Accounts Receivable	-	6.21	4.05	4.31	1.29	0.14
Long-Term Deferred Tax Assets	185.6	180.65	222.19	255.87	244.54	180.25
Long-Term Deferred Charges	43.61	19.6	21.72	28.54	20.44	11.96
Other Long-Term Assets	34.5	29.58	82.45	87.19	45.32	304.6
Total Assets	8,571	8,724	7,529	7,538	6,929	6,357
Accounts Payable	1,026	1,177	831.37	889.98	898.24	768.46
Accrued Expenses	192.4	237.77	189.85	216.19	164.49	178.23
Short-Term Debt	197.32	185.52	85.39	370.55	41.82	228.31
Current Portion of Long-Term Debt	100.48	36.77	61.23	35.87	295.11	38.5
Current Portion of Leases	-	19.84	20.4	21.13	20.65	-
Current Income Taxes Payable	54.27	24.07	51.56	45.97	9.99	22.05
Current Unearned Revenue	522.52	458.56	373.93	645.61	692.57	405.84
Other Current Liabilities	222.66	238.59	332.99	210.19	126.42	187.83
Total Current Liabilities	2,315	2,379	1,947	2,435	2,249	1,829
Long-Term Debt	100.91	110.99	125.48	79.11	57.88	325.03
Long-Term Leases	50.82	53.37	47.67	65.86	68.99	65.21
Long-Term Unearned Revenue	12.64	13.07	14.79	9.96	11.07	12.19
Pension & Post-Retirement Benefits	-	-	-	13.96	13.18	16.08
Long-Term Deferred Tax Liabilities	3.69	2.96	2.04	8.85	6.83	1.75
Other Long-Term Liabilities	114.35	132.08	167.52	190.78	255.34	254.11
Total Liabilities	2,598	2,691	2,304	2,804	2,663	2,504
Common Stock	1,217	1,217	1,219	1,241	1,241	1,332
Additional Paid-In Capital	2,978	2,796	2,673	2,752	2,849	3,239
Retained Earnings	1,566	1,576	1,009	508.09	74.85	-372.33
Treasury Stock	-115.23	-115.23	-117.23	-218.3	-240.26	-494.34
Comprehensive Income & Other	61.27	299.92	193.87	229.05	139.43	-22.07
Total Common Equity	5,707	5,774	4,977	4,512	4,064	3,682
Minority Interest	265.97	259.1	246.96	222.52	202.03	171.61
Shareholders' Equity	5,973	6,033	5,224	4,734	4,266	3,854
Total Liabilities & Equity	8,571	8,724	7,529	7,538	6,929	6,357
Total Debt	449.53	406.47	340.17	572.52	484.46	657.05
Net Cash (Debt)	2,102	2,450	2,180	1,937	1,651	1,899
Net Cash Growth	-9.97%	12.37%	12.59%	17.31%	-13.08%	-0.17%
Net Cash Per Share	1.84	2.03	1.87	1.61	1.37	1.42
Filing Date Shares Outstanding	942.27	1,217	989.39	1,268	1,142	1,330
Total Common Shares Outstanding	942.27	1,217	989.39	1,268	1,142	1,330
Working Capital	2,683	2,879	2,655	2,442	2,443	2,546
Book Value Per Share	6.06	4.74	5.03	3.56	3.56	2.77
Tangible Book Value	4,966	5,013	4,196	3,705	3,265	3,081
Tangible Book Value Per Share	5.27	4.12	4.24	2.92	2.86	2.32
Buildings	-	1,078	684.94	664.48	595.77	574.98
Machinery	-	779.55	685.19	628.1	596.56	536.76
Construction In Progress	-	195.84	404.83	195.56	38.9	12.3

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