SHE:002739 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	2,193	3,273	3,626	3,160	3,150	4,031
Trading Asset Securities	1,967	1,606	-	-	-	-
Cash & Short-Term Investments	4,160	4,879	3,626	3,160	3,150	4,031
Cash Growth	-13.16%	34.55%	14.74%	0.33%	-21.86%	-19.11%
Accounts Receivable	910.92	816.19	1,324	1,636	1,370	1,867
Other Receivables	325.61	372.97	303.6	307.03	317.33	603.81
Receivables	1,237	1,189	1,628	1,943	1,687	2,471
Inventory	1,749	1,722	1,484	1,494	1,725	1,630
Prepaid Expenses	-	9.48	18.22	5.39	5.05	10.41
Other Current Assets	1,191	895.26	923.98	976.38	1,530	1,270
Total Current Assets	8,335	8,695	7,680	7,579	8,097	9,413
Property, Plant & Equipment	6,445	6,699	7,393	8,250	9,150	9,790
Long-Term Investments	182.34	184.64	204.05	225.14	313.84	276.18
Goodwill	3,965	3,932	3,949	4,375	4,284	4,349
Other Intangible Assets	752.69	759.97	749.28	847.02	848.43	865.19
Long-Term Deferred Tax Assets	647.25	651.92	638.17	612.82	429.87	572.09
Long-Term Deferred Charges	2,458	2,476	2,690	3,171	3,497	3,768
Other Long-Term Assets	28.28	32	51.61	65.37	86.87	126.29
Total Assets	22,814	23,431	23,354	25,125	26,707	29,160
Accounts Payable	1,295	1,268	1,292	1,424	1,287	1,762
Accrued Expenses	197.7	585.28	671.15	807.62	748.74	618.11
Short-Term Debt	2,270	2,721	2,473	1,401	3,670	3,110
Current Portion of Long-Term Debt	-	-	-	-	-	515.07
Current Portion of Leases	904.5	949.85	955.72	1,008	924.26	684.68
Current Income Taxes Payable	106.02	42.73	69.16	30.56	44.9	59.78
Current Unearned Revenue	1,599	1,637	1,495	1,700	1,641	1,408
Other Current Liabilities	967.51	744.58	858.14	999.55	1,170	1,352
Total Current Liabilities	7,339	7,948	7,815	7,371	9,485	9,510
Long-Term Debt	1,424	1,482	1,669	2,156	2,221	2,155
Long-Term Leases	5,901	5,973	6,617	7,169	7,550	8,167
Long-Term Unearned Revenue	-	-	4.81	12.59	15.92	22.18
Long-Term Deferred Tax Liabilities	0.2	1.47	2.23	3.88	5.55	7.31
Other Long-Term Liabilities	436.98	429.89	233.02	237.61	212.19	222.04
Total Liabilities	15,102	15,835	16,342	16,950	19,490	20,084
Common Stock	2,112	2,112	2,179	2,179	2,179	2,231
Additional Paid-In Capital	10,957	10,957	10,890	10,890	10,890	10,839
Retained Earnings	-5,452	-5,541	-5,908	-4,964	-5,876	-3,953
Comprehensive Income & Other	-0.72	-27.7	-266.15	-74.9	-95.58	-187.94
Total Common Equity	7,617	7,500	6,895	8,030	7,097	8,928
Minority Interest	95.51	95.63	117.96	145.26	119.59	147.67
Shareholders' Equity	7,712	7,596	7,013	8,175	7,217	9,076
Total Liabilities & Equity	22,814	23,431	23,354	25,125	26,707	29,160
Total Debt	10,500	11,126	11,715	11,735	14,366	14,632
Net Cash (Debt)	-6,340	-6,247	-8,090	-8,575	-11,216	-10,601
Net Cash Per Share	-3.02	-2.95	-3.71	-3.93	-5.06	-4.76
Filing Date Shares Outstanding	2,112	2,112	2,112	2,179	2,179	2,231
Total Common Shares Outstanding	2,112	2,112	2,179	2,179	2,179	2,231
Working Capital	996.46	746.64	-135.25	208	-1,388	-97.36
Book Value Per Share	3.61	3.55	3.16	3.68	3.26	4.00
Tangible Book Value	2,899	2,809	2,197	2,809	1,965	3,714
Tangible Book Value Per Share	1.37	1.33	1.01	1.29	0.90	1.67
Buildings	-	888.31	837.45	757.27	642.06	563.12
Machinery	-	5,043	5,230	5,257	5,304	5,323
Construction In Progress	-	8.35	20.05	33.99	146.91	106.99

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