SHE:002812 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	2,889	2,909	2,574	3,836	3,954	1,833
Short-Term Investments	-	110.19	502.95	571.93	82.83	50.57
Trading Asset Securities	-	-	-	-	9.85	5.14
Cash & Short-Term Investments	2,889	3,020	3,077	4,407	4,047	1,889
Cash Growth	1.60%	-1.87%	-30.18%	8.91%	114.22%	-49.15%
Accounts Receivable	9,796	9,330	6,881	7,889	7,890	5,300
Other Receivables	31.29	35.33	44.16	72.94	24.79	8.12
Receivables	9,828	9,365	6,925	7,962	7,915	5,309
Inventory	1,965	2,280	2,963	3,001	2,463	1,681
Prepaid Expenses	-	10.11	6.59	6.82	23.92	9.16
Other Current Assets	659.89	604.85	852.75	915.13	518.32	574.3
Total Current Assets	15,341	15,279	13,824	16,292	14,967	9,463
Property, Plant & Equipment	29,568	29,789	28,794	25,590	17,895	12,631
Long-Term Investments	85.92	399.41	599.13	252.72	869.75	575.09
Goodwill	519.11	519.11	519.11	520.23	520.23	520.23
Other Intangible Assets	1,132	1,129	1,131	1,119	1,054	560.86
Long-Term Deferred Tax Assets	621.38	617.23	632.5	432.87	315.54	252.85
Long-Term Deferred Charges	12.76	0	1.28	0.52	1.32	3.56
Other Long-Term Assets	1,270	1,014	1,699	2,993	2,999	2,116
Total Assets	48,550	48,747	47,200	47,201	38,623	26,122
Accounts Payable	2,710	3,076	2,525	2,411	2,330	1,138
Accrued Expenses	162.14	151.05	129.02	135.16	143.49	160.66
Short-Term Debt	7,333	7,914	8,137	7,291	9,630	4,116
Current Portion of Long-Term Debt	2,312	1,961	1,671	1,094	857.12	383.4
Current Portion of Leases	-	74.54	1.01	1.38	1.38	-
Current Income Taxes Payable	169.24	95.35	70.55	125.35	188.81	160.86
Current Unearned Revenue	50.91	72.29	68.34	29.79	24.6	761.92
Other Current Liabilities	1,124	1,150	1,042	441.96	384.57	212.98
Total Current Liabilities	13,861	14,494	13,644	11,530	13,559	6,934
Long-Term Debt	4,924	4,993	5,510	5,121	4,605	3,216
Long-Term Leases	-	309.77	-	0.18	1.33	-
Long-Term Unearned Revenue	1,626	1,606	1,646	1,018	824.17	754.96
Long-Term Deferred Tax Liabilities	47.11	54.52	22.26	308.33	236.76	141.14
Other Long-Term Liabilities	733.64	74.28	172.79	541.52	541.52	538.52
Total Liabilities	21,192	21,531	20,995	18,519	19,768	11,585
Common Stock	982.13	982.22	971.28	977.75	892.41	892.41
Additional Paid-In Capital	15,092	15,007	14,509	14,964	7,601	7,636
Retained Earnings	9,691	9,431	9,289	11,345	9,192	5,462
Treasury Stock	-249.38	-251.42	-337.94	-607.26	-101.75	-204.44
Comprehensive Income & Other	65.07	297.76	40.8	247.25	142.9	46.61
Total Common Equity	25,581	25,467	24,471	26,926	17,726	13,832
Minority Interest	1,777	1,749	1,734	1,756	1,128	705.42
Shareholders' Equity	27,358	27,216	26,205	28,682	18,854	14,537
Total Liabilities & Equity	48,550	48,747	47,200	47,201	38,623	26,122
Total Debt	14,568	15,251	15,319	13,508	15,094	7,716
Net Cash (Debt)	-11,679	-12,232	-12,242	-9,100	-11,047	-5,827
Net Cash Per Share	-11.98	-12.87	-12.54	-9.29	-12.32	-6.54
Filing Date Shares Outstanding	964.11	923.86	947.32	967.34	890.83	890.82
Total Common Shares Outstanding	964.11	923.86	947.32	969.05	890.83	890.82
Working Capital	1,480	784.66	180.7	4,762	1,408	2,529
Book Value Per Share	26.53	27.57	25.83	27.79	19.90	15.53
Tangible Book Value	23,930	23,818	22,821	25,287	16,152	12,751
Tangible Book Value Per Share	24.82	25.78	24.09	26.09	18.13	14.31
Buildings	-	8,777	5,798	4,731	3,307	2,446
Machinery	-	29,122	24,660	20,456	15,361	11,752
Construction In Progress	-	1,531	5,863	6,207	3,585	1,753

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