SHE:002821 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6,730	6,321	5,789	7,110	5,290	6,234
Short-Term Investments	21.6	213.77	254.12	-	-	-
Trading Asset Securities	1,049	1,117	1,540	1,906	2,151	401.2
Cash & Short-Term Investments	7,800	7,651	7,583	9,016	7,441	6,636
Cash Growth	-0.29%	0.90%	-15.89%	21.17%	12.13%	212.32%
Accounts Receivable	1,954	2,061	1,939	2,092	2,515	1,817
Other Receivables	22.44	155.44	204.36	170.87	17.87	4.17
Receivables	1,977	2,216	2,143	2,263	2,533	1,821
Inventory	1,621	1,471	1,193	945.35	1,510	1,396
Other Current Assets	333.4	168.06	130.25	128.26	376.4	457.51
Total Current Assets	11,731	11,506	11,050	12,352	11,860	10,310
Property, Plant & Equipment	6,794	6,596	6,138	5,358	5,370	3,700
Long-Term Investments	746.86	808.3	902.14	867.19	390.33	395.61
Goodwill	146.18	146.18	146.18	146.18	146.18	146.18
Other Intangible Assets	418.47	421.8	430.17	465.61	57.68	62.96
Long-Term Deferred Tax Assets	279.63	275.62	248.35	213.21	177.86	186.93
Long-Term Deferred Charges	-	118.43	99.1	122.39	-	-
Other Long-Term Assets	588.51	404.69	274.62	242.4	237.12	354.71
Total Assets	20,705	20,277	19,289	19,767	18,239	15,156
Accounts Payable	599.64	589.04	450.85	453.62	569.99	551.87
Accrued Expenses	262.41	428.3	381.57	339.85	398.73	213.49
Short-Term Debt	-	-	-	12.23	-	375.39
Current Portion of Leases	54.11	52.71	42.23	28.53	28.49	13.22
Current Income Taxes Payable	58.48	69.47	50.18	31.24	67.42	63.19
Current Unearned Revenue	396.58	251.47	269.94	221.2	277.33	131.05
Other Current Liabilities	689.4	577.49	514.59	714.13	835.14	856.6
Total Current Liabilities	2,061	1,968	1,709	1,801	2,177	2,205
Long-Term Leases	238.99	256.47	282.53	106.49	109.86	45.88
Long-Term Unearned Revenue	307.64	294.73	298.62	232.6	168.12	179.05
Long-Term Deferred Tax Liabilities	135.93	111.6	134.7	117.29	89.2	116.55
Other Long-Term Liabilities	0.03	0.03	0.79	-	-	-
Total Liabilities	2,743	2,631	2,426	2,257	2,544	2,546
Common Stock	360.78	360.56	367.72	369.47	369.92	263.04
Additional Paid-In Capital	-	9,067	9,396	9,612	-	-
Retained Earnings	9,329	9,025	8,287	7,969	6,364	3,274
Treasury Stock	-836.42	-838.45	-1,233	-494.01	-1,247	-
Comprehensive Income & Other	9,099	21.54	27.18	22.88	10,160	9,073
Total Common Equity	17,953	17,635	16,845	17,480	15,647	12,610
Minority Interest	9.08	11.04	17.19	30.26	47.58	-
Shareholders' Equity	17,962	17,646	16,863	17,510	15,695	12,610
Total Liabilities & Equity	20,705	20,277	19,289	19,767	18,239	15,156
Total Debt	293.09	309.18	324.75	147.25	138.35	434.49
Net Cash (Debt)	7,507	7,342	7,259	8,869	7,302	6,201
Net Cash Growth	0.04%	1.15%	-18.15%	21.45%	17.76%	197.31%
Net Cash Per Share	21.01	20.49	20.58	24.47	19.91	18.17
Filing Date Shares Outstanding	362.29	359.72	350.89	362.78	369.37	368.31
Total Common Shares Outstanding	362.29	359.72	350.89	362.78	369.37	368.31
Working Capital	9,670	9,538	9,341	10,551	9,683	8,106
Book Value Per Share	49.55	49.02	48.01	48.18	42.36	34.24
Tangible Book Value	17,388	17,067	16,269	16,868	15,444	12,401
Tangible Book Value Per Share	48.00	47.45	46.36	46.50	41.81	33.67
Buildings	-	2,676	2,464	2,060	1,583	1,148
Machinery	-	4,099	3,380	3,318	3,165	1,959
Construction In Progress	-	1,827	1,867	1,331	1,072	1,047
Leasehold Improvements	-	-	-	-	155.31	48.18
Order Backlog	-	1,385	-	-	-	-

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