SHE:002705 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	2,802	3,315	3,376	3,699	4,484	3,603
Trading Asset Securities	120.17	170.92	195.08	14.65	177.65	135.36
Cash & Short-Term Investments	2,922	3,485	3,572	3,714	4,661	3,739
Cash Growth	-18.72%	-2.41%	-3.84%	-20.32%	24.68%	-18.78%
Accounts Receivable	2,291	2,433	2,320	1,917	1,439	1,674
Other Receivables	150.32	58.95	42.89	55.89	64.41	215.95
Receivables	2,442	2,492	2,363	1,973	1,503	1,890
Inventory	1,759	1,897	2,222	1,853	1,666	2,653
Other Current Assets	350.23	269.09	345.45	321.61	183.57	91.99
Total Current Assets	7,473	8,143	8,502	7,861	8,014	8,374
Property, Plant & Equipment	5,083	5,074	4,672	4,154	3,833	3,408
Long-Term Investments	97.46	96.97	92.62	84.22	108.14	105.59
Goodwill	27.99	27.99	27.99	27.99	-	-
Other Intangible Assets	1,895	1,922	2,026	1,984	507.95	510.88
Long-Term Deferred Tax Assets	167.44	159.71	127.56	109.63	102.31	73.38
Long-Term Deferred Charges	92.73	106.11	90.64	92.27	55.73	35.63
Other Long-Term Assets	94.97	84.11	105.89	117.41	253.77	119.69
Total Assets	14,931	15,614	15,644	14,431	12,874	12,627
Accounts Payable	3,882	4,465	4,971	4,321	3,290	4,484
Accrued Expenses	233.1	416.75	498.45	617.53	576.72	518.38
Short-Term Debt	494.11	648.23	546.9	318.32	176.56	437.95
Current Portion of Long-Term Debt	177.75	178.83	127.53	381.31	24	-
Current Portion of Leases	-	-	10.49	15.9	26.84	38.74
Current Income Taxes Payable	81.43	93.26	90.94	95.79	88.91	78.85
Current Unearned Revenue	307.57	275.45	248.75	252.25	356.47	457.24
Other Current Liabilities	518.75	484.1	501.02	518.51	459.68	377.94
Total Current Liabilities	5,695	6,562	6,996	6,520	4,999	6,393
Long-Term Debt	188.6	188.7	170	108.51	676.56	-
Long-Term Leases	26.09	27.58	14.9	17.96	43.12	29.98
Long-Term Unearned Revenue	86.15	84.79	55.98	42	37.8	43.2
Long-Term Deferred Tax Liabilities	8.67	9.24	7.64	10.8	13.24	4.91
Total Liabilities	6,005	6,872	7,244	6,700	5,770	6,471
Common Stock	811.88	811.88	811.88	821.88	826.73	826.73
Additional Paid-In Capital	1,810	1,810	1,809	1,942	1,976	2,055
Retained Earnings	6,215	6,136	5,620	4,895	4,247	3,448
Treasury Stock	-99.99	-99.99	-	-81.93	-81.93	-249.98
Comprehensive Income & Other	-59.02	-29.86	16.05	12.24	9.89	2.84
Total Common Equity	8,678	8,628	8,257	7,588	6,977	6,083
Minority Interest	249.02	114.58	143.35	143.43	127.43	73.39
Shareholders' Equity	8,927	8,742	8,400	7,732	7,104	6,156
Total Liabilities & Equity	14,931	15,614	15,644	14,431	12,874	12,627
Total Debt	886.55	1,043	869.83	842	947.07	506.67
Net Cash (Debt)	2,035	2,442	2,702	2,872	3,714	3,232
Net Cash Growth	-20.17%	-9.61%	-5.93%	-22.68%	14.92%	-24.92%
Net Cash Per Share	2.53	3.03	3.31	3.49	4.54	3.92
Filing Date Shares Outstanding	805.64	805.6	805.52	818.15	822.99	815.33
Total Common Shares Outstanding	805.64	805.6	811.88	818.15	822.99	815.33
Working Capital	1,778	1,582	1,506	1,341	3,015	1,981
Book Value Per Share	10.77	10.71	10.17	9.28	8.48	7.46
Tangible Book Value	6,755	6,677	6,203	5,576	6,469	5,572
Tangible Book Value Per Share	8.38	8.29	7.64	6.82	7.86	6.83
Buildings	-	-	3,209	3,058	2,505	1,775
Machinery	-	-	3,221	2,941	2,652	2,452
Construction In Progress	-	-	806.36	359.07	480.19	759.25

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