SHE:002626 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,853	2,032	1,166	605.08	687.66	769.56
Trading Asset Securities	526.4	528.23	176.41	305.47	99.69	-
Cash & Short-Term Investments	2,379	2,560	1,343	910.55	787.35	769.56
Cash Growth	46.36%	90.66%	47.45%	15.65%	2.31%	-15.04%
Accounts Receivable	407.74	389.44	433.21	362.03	398.22	418.95
Other Receivables	17.62	20.14	23.72	17.02	18.95	54.23
Receivables	425.36	409.58	456.93	379.06	417.17	473.18
Inventory	943.93	917.86	814.28	715.82	839.94	833.74
Other Current Assets	67.28	136.76	53.41	39.34	61.93	46.23
Total Current Assets	3,816	4,024	2,667	2,045	2,106	2,123
Property, Plant & Equipment	2,032	1,870	1,839	1,604	1,548	1,542
Long-Term Investments	1,002	1,017	922.4	828.74	692.52	1,119
Goodwill	429.73	436.52	514.74	485.86	477.76	550.81
Other Intangible Assets	298.42	305.19	370.45	306.2	308.91	350.86
Long-Term Deferred Tax Assets	1.16	1.96	22.76	28.14	239.57	107.54
Long-Term Deferred Charges	40.72	41.84	48.2	51.32	44.42	49.94
Other Long-Term Assets	28.8	17.72	7.69	4.62	7.44	5.05
Total Assets	7,648	7,714	6,392	5,353	5,425	5,848
Accounts Payable	322.59	359.33	364.24	286.46	255.16	254.77
Accrued Expenses	46.38	88.57	94.82	82.67	69.4	92.73
Short-Term Debt	384.5	393.3	365.87	58.05	140.09	167.41
Current Portion of Long-Term Debt	548.31	369.03	266.27	144.47	433.64	21.07
Current Portion of Leases	-	41.1	39.81	38.47	38.88	37.28
Current Income Taxes Payable	25.38	2.82	7.7	3.81	6.64	18.1
Current Unearned Revenue	23.97	8.12	18.44	9.49	12.36	12.46
Other Current Liabilities	28.05	37.13	64.07	40.61	61.34	50.04
Total Current Liabilities	1,379	1,299	1,221	664.03	1,018	653.85
Long-Term Debt	1,313	1,508	537.91	438.54	214.85	628.39
Long-Term Leases	170.52	185.68	177.99	215.67	253.37	269.07
Long-Term Unearned Revenue	47.3	47.41	50.34	53.23	55.06	53.66
Long-Term Deferred Tax Liabilities	168.37	178.13	86.41	35.11	219.92	206.9
Other Long-Term Liabilities	0.12	-	-	10.32	-	8.93
Total Liabilities	3,079	3,218	2,074	1,417	1,761	1,821
Common Stock	609.94	609.93	609.93	609.93	609.93	616.48
Additional Paid-In Capital	791.81	791.56	791.56	791.56	791.56	885.28
Retained Earnings	2,829	2,763	2,664	2,444	2,290	2,394
Treasury Stock	-	-	-	-	-	-100.03
Comprehensive Income & Other	252.79	295.23	214.79	79.42	-39.02	174.43
Total Common Equity	4,484	4,460	4,281	3,925	3,652	3,971
Minority Interest	86.31	35.73	37.61	11.22	12.4	56.44
Shareholders' Equity	4,570	4,496	4,318	3,936	3,665	4,027
Total Liabilities & Equity	7,648	7,714	6,392	5,353	5,425	5,848
Total Debt	2,416	2,497	1,388	895.19	1,081	1,123
Net Cash (Debt)	-37.16	62.92	-45.26	15.36	-293.49	-353.65
Net Cash Per Share	-0.06	0.10	-0.07	0.02	-0.48	-0.58
Filing Date Shares Outstanding	596.48	609.93	609.93	609.93	609.93	609.93
Total Common Shares Outstanding	596.48	609.93	609.93	609.93	609.93	609.93
Working Capital	2,437	2,725	1,446	1,381	1,089	1,469
Book Value Per Share	7.52	7.31	7.02	6.44	5.99	6.51
Tangible Book Value	3,755	3,718	3,395	3,133	2,866	3,069
Tangible Book Value Per Share	6.30	6.10	5.57	5.14	4.70	5.03
Buildings	-	867.71	849.75	778.12	713.72	715.93
Machinery	-	1,590	1,374	1,227	1,153	1,160
Construction In Progress	-	238.78	341.48	210.3	160.75	65.6

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