SHE:002727 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	2,547	2,302	3,418	3,676	3,512	2,235
Short-Term Investments	-	-	-	219.66	-	-
Trading Asset Securities	749.88	759.84	-	-	8.36	297.3
Cash & Short-Term Investments	3,297	3,062	3,418	3,895	3,520	2,532
Cash Growth	-4.39%	-10.40%	-12.26%	10.66%	39.00%	-17.16%
Accounts Receivable	1,643	1,563	1,613	1,555	1,776	1,376
Other Receivables	296.54	284.22	319.49	313.3	307.29	206.63
Receivables	1,940	1,847	1,932	1,868	2,083	1,583
Inventory	3,673	3,673	4,088	3,853	3,387	3,317
Prepaid Expenses	-	-	3.49	1.03	0.14	0.16
Other Current Assets	316.38	364.71	270.29	275.63	467.06	260.12
Total Current Assets	9,226	8,947	9,712	9,893	9,458	7,692
Property, Plant & Equipment	3,392	3,574	3,956	3,951	3,994	4,080
Long-Term Investments	140.4	131.4	136.52	143.26	352.46	107.22
Goodwill	1,961	1,961	1,983	1,650	1,397	1,380
Other Intangible Assets	274.68	277.08	196.86	178.08	165.67	122.89
Long-Term Deferred Tax Assets	101.51	102.04	93.7	88.94	94.11	58.46
Long-Term Deferred Charges	536.46	556.44	724.03	661.17	629.9	590.75
Other Long-Term Assets	53.4	58.69	29	82.31	88.59	305.71
Total Assets	15,685	15,608	16,830	16,647	16,179	14,337
Accounts Payable	4,454	4,436	4,916	4,339	4,329	3,806
Accrued Expenses	227.99	252.24	539.54	681.48	518.75	295.38
Short-Term Debt	534.41	519.46	495.57	468.6	402.57	127.7
Current Portion of Long-Term Debt	824.34	851	-	1.8	0.2	4.02
Current Portion of Leases	-	-	1,005	975.88	932.77	1,012
Current Income Taxes Payable	136.98	144.82	53.62	81.37	197.86	118.4
Current Unearned Revenue	141.01	101.83	116.9	113.72	156.61	105.18
Other Current Liabilities	541.51	559.08	504.61	537.55	339.23	415.09
Total Current Liabilities	6,861	6,864	7,631	7,200	6,877	5,884
Long-Term Debt	-	-	-	-	1.8	35.08
Long-Term Leases	1,169	1,266	1,531	1,552	1,757	1,729
Long-Term Unearned Revenue	17.35	16.29	11.55	14.54	12.15	13.34
Long-Term Deferred Tax Liabilities	3.22	3.3	3.55	3.93	4.05	3.56
Total Liabilities	8,050	8,150	9,177	8,770	8,652	7,665
Common Stock	585.6	585.6	585.6	596.01	596.02	596.18
Additional Paid-In Capital	2,013	2,013	2,019	2,144	2,147	2,157
Retained Earnings	5,039	4,863	4,886	5,011	4,700	3,869
Treasury Stock	-150	-150	-	-4.24	-22.69	-46.86
Comprehensive Income & Other	-8.15	-8.23	-	-	6.19	2.93
Total Common Equity	7,479	7,303	7,491	7,746	7,426	6,578
Minority Interest	155.86	153.84	162.27	131.04	101.44	94.8
Shareholders' Equity	7,635	7,457	7,653	7,877	7,528	6,673
Total Liabilities & Equity	15,685	15,608	16,830	16,647	16,179	14,337
Total Debt	2,527	2,637	3,031	2,998	3,094	2,908
Net Cash (Debt)	769.21	425.47	386.58	896.84	425.94	-375.58
Net Cash Growth	114.52%	10.06%	-56.90%	110.56%	-	-
Net Cash Per Share	1.33	0.74	0.65	1.50	0.72	-0.63
Filing Date Shares Outstanding	585.63	548.6	585.6	596.01	596.02	596.18
Total Common Shares Outstanding	585.63	548.6	585.6	596.01	596.02	596.18
Working Capital	2,365	2,082	2,080	2,693	2,581	1,809
Book Value Per Share	12.77	13.31	12.79	13.00	12.46	11.03
Tangible Book Value	5,243	5,065	5,311	5,918	5,863	5,075
Tangible Book Value Per Share	8.95	9.23	9.07	9.93	9.84	8.51
Buildings	-	-	892.7	894.92	785.07	741.03
Machinery	-	-	447.47	416.9	385.35	350.85
Construction In Progress	-	-	35.79	9.81	3.87	25.47

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