SHE:002709 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	1,698	1,915	1,620	2,290	4,664	2,148
Short-Term Investments	-	370.89	1,339	73.39	150.08	-
Trading Asset Securities	868.55	488.55	0.91	1.52	-	-
Cash & Short-Term Investments	2,566	2,774	2,960	2,365	4,814	2,148
Cash Growth	88.75%	-6.27%	25.14%	-50.87%	124.13%	589.38%
Accounts Receivable	10,256	7,830	5,525	5,403	7,127	5,261
Other Receivables	146.78	66.33	145.05	18.07	22.63	22.33
Receivables	10,403	7,896	5,670	5,421	7,150	5,283
Inventory	2,282	1,619	1,364	1,172	2,374	1,252
Prepaid Expenses	-	3.56	8.25	23.26	5.6	14.44
Other Current Assets	1,017	764.19	799.59	955.31	836.25	554.38
Total Current Assets	16,269	13,057	10,801	9,936	15,179	9,252
Property, Plant & Equipment	9,976	9,935	9,728	9,443	6,970	3,480
Long-Term Investments	832.67	2,074	1,668	2,459	1,729	332.38
Goodwill	200.4	200.4	200.4	214.72	14.32	-
Other Intangible Assets	1,217	1,227	1,260	1,215	823.78	531.47
Long-Term Deferred Tax Assets	219.73	212.74	126.44	93.16	132.27	159.36
Long-Term Deferred Charges	10.66	10.8	20.32	36.2	48.06	5.8
Other Long-Term Assets	1,155	209.79	149.25	579.48	634.7	138.4
Total Assets	29,881	26,927	23,953	23,977	25,531	13,899
Accounts Payable	5,422	4,554	3,363	3,421	4,721	2,366
Accrued Expenses	179.68	506.39	312.33	261.9	315.27	221.08
Short-Term Debt	1,293	1,079	1,520	1,249	897.56	444.39
Current Portion of Long-Term Debt	678.68	817.6	420.11	429.1	193.93	116.76
Current Portion of Leases	-	6.49	3.98	3.68	-	-
Current Income Taxes Payable	574.93	180.32	81.58	241.32	553.72	255.03
Current Unearned Revenue	286.19	77.08	32.49	54.44	1,180	2,027
Other Current Liabilities	863.07	272.58	142.14	284.38	667.07	715.46
Total Current Liabilities	9,297	7,493	5,876	5,944	8,528	6,146
Long-Term Debt	950.15	987.49	4,454	4,196	3,965	310.97
Long-Term Leases	28.47	29.94	27.42	31.25	-	-
Long-Term Unearned Revenue	273.45	280.52	210.21	141.24	115.5	32.7
Long-Term Deferred Tax Liabilities	77.4	99.3	61.14	84.24	79.05	34.15
Other Long-Term Liabilities	-	-	-	-	5.65	5.72
Total Liabilities	10,627	8,891	10,629	10,397	12,693	6,529
Common Stock	2,039	2,034	1,919	1,924	1,927	959.83
Additional Paid-In Capital	5,179	5,096	1,655	1,818	1,944	2,883
Retained Earnings	11,719	10,491	9,414	9,501	8,755	3,517
Treasury Stock	-205.69	-229.97	-351.86	-366.75	-546.33	-354.49
Comprehensive Income & Other	351.27	461.52	467.67	477.48	466.33	151.22
Total Common Equity	19,081	17,852	13,104	13,355	12,546	7,157
Minority Interest	172.45	184.53	220.98	225.11	291.75	213.27
Shareholders' Equity	19,254	18,036	13,325	13,580	12,838	7,370
Total Liabilities & Equity	29,881	26,927	23,953	23,977	25,531	13,899
Total Debt	2,950	2,921	6,426	5,909	5,056	872.13
Net Cash (Debt)	-383.77	-146.42	-3,466	-3,544	-242.46	1,276
Net Cash Per Share	-0.20	-0.08	-1.79	-1.84	-0.13	0.68
Filing Date Shares Outstanding	2,018	1,937	2,104	1,927	1,907	1,802
Total Common Shares Outstanding	2,018	1,937	2,104	1,927	1,907	1,802
Working Capital	6,972	5,564	4,926	3,992	6,651	3,106
Book Value Per Share	9.46	9.22	6.23	6.93	6.58	3.97
Tangible Book Value	17,664	16,424	11,643	11,925	11,708	6,625
Tangible Book Value Per Share	8.76	8.48	5.53	6.19	6.14	3.68
Buildings	-	3,073	2,725	2,448	1,372	963.38
Machinery	-	8,444	8,106	7,140	4,562	2,713
Construction In Progress	1,892	2,400	1,944	2,013	2,588	987.5

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