SHE:002772 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	1,858	1,450	1,191	1,039	1,326	1,595
Trading Asset Securities	347.45	353.06	325.48	285	369.51	263.43
Cash & Short-Term Investments	2,206	1,803	1,517	1,324	1,696	1,859
Cash Growth	28.82%	18.87%	14.60%	-21.95%	-8.77%	-2.36%
Accounts Receivable	36.97	43.24	36.06	27.24	40.99	17.88
Other Receivables	2.69	6.85	2.56	1.04	1.74	3.73
Receivables	39.65	50.09	38.62	28.29	42.73	21.6
Inventory	1,603	1,517	1,252	1,275	1,255	1,174
Other Current Assets	33.39	32.94	22.57	32.77	42.94	24.42
Total Current Assets	3,881	3,403	2,830	2,659	3,037	3,079
Property, Plant & Equipment	3,182	3,005	2,783	2,943	3,074	3,005
Long-Term Investments	155.51	158.61	136.7	105.94	84.33	92.55
Other Intangible Assets	359.49	359.14	341.52	334.38	342.38	350.59
Long-Term Accounts Receivable	-	2.02	-	-	-	4.51
Long-Term Deferred Charges	7.74	3.22	0.35	0.05	0.19	0.34
Other Long-Term Assets	139.08	158.83	99.34	31.18	31.35	19.34
Total Assets	7,725	7,089	6,191	6,074	6,569	6,551
Accounts Payable	153.22	189.93	118.6	179.08	205.4	155.57
Accrued Expenses	96.04	129.16	104.27	99.27	80.5	50.47
Short-Term Debt	302	458.4	615.46	310.3	150.16	160
Current Portion of Long-Term Debt	825.04	458.69	694.67	699.36	830.2	272.56
Current Portion of Leases	-	2.5	0.01	0.01	0.01	0.01
Current Income Taxes Payable	9.15	1.21	-	-	-	-
Current Unearned Revenue	4.56	5.09	4.87	5.11	5.49	6.62
Other Current Liabilities	180.01	186.83	176.35	167.45	171.69	174.29
Total Current Liabilities	1,570	1,432	1,714	1,461	1,443	819.53
Long-Term Debt	2,151	1,881	1,059	1,074	1,622	2,353
Long-Term Leases	205.45	88.48	0.26	0.27	0.28	0.29
Long-Term Unearned Revenue	128.48	120.75	98.24	102.9	118.51	127.19
Other Long-Term Liabilities	32.11	32.82	-	-	-	-
Total Liabilities	4,087	3,555	2,872	2,638	3,184	3,300
Common Stock	374.74	393.24	393.24	393.24	407.46	407.42
Additional Paid-In Capital	1,906	2,027	2,024	2,024	2,033	2,038
Retained Earnings	1,354	1,248	1,025	1,015	973.48	854.42
Treasury Stock	-	-142.98	-125.42	-	-120	-138.98
Comprehensive Income & Other	0.27	0.27	0.27	0.27	87.9	87.99
Total Common Equity	3,636	3,526	3,317	3,432	3,382	3,249
Minority Interest	2.28	8.49	1.61	3.04	3.07	2.53
Shareholders' Equity	3,638	3,534	3,319	3,436	3,385	3,251
Total Liabilities & Equity	7,725	7,089	6,191	6,074	6,569	6,551
Total Debt	3,484	2,889	2,370	2,084	2,603	2,786
Net Cash (Debt)	-1,278	-1,086	-853.09	-760.9	-907.18	-927.4
Net Cash Per Share	-3.39	-2.89	-2.18	-1.87	-2.29	-2.36
Filing Date Shares Outstanding	374.74	374.74	374.74	393.24	392.92	392.89
Total Common Shares Outstanding	374.74	374.74	374.74	393.24	392.92	392.89
Working Capital	2,311	1,971	1,116	1,199	1,593	2,259
Book Value Per Share	9.70	9.41	8.85	8.73	8.61	8.27
Tangible Book Value	3,276	3,167	2,976	3,098	3,039	2,898
Tangible Book Value Per Share	8.74	8.45	7.94	7.88	7.73	7.38
Buildings	-	1,981	1,776	1,677	1,500	1,485
Machinery	-	2,546	2,494	2,262	2,058	2,029
Construction In Progress	-	404.02	276.71	503.08	756.37	467.85

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