SHE:002851 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	1,181	832.45	1,301	595.51	519.63	491.81
Short-Term Investments	108.26	229.81	353.47	-	44.21	-
Trading Asset Securities	1,985	815.79	179.87	737.35	1,187	531.19
Cash & Short-Term Investments	3,274	1,878	1,835	1,333	1,751	1,023
Cash Growth	115.80%	2.37%	37.64%	-23.88%	71.15%	-34.73%
Accounts Receivable	3,566	3,308	2,986	2,717	2,048	1,597
Other Receivables	35.94	27.35	26.75	26.77	76.93	125.47
Receivables	3,602	3,335	3,013	2,744	2,125	1,722
Inventory	3,167	2,775	2,416	1,918	1,911	1,653
Other Current Assets	351.95	257.31	179.08	146.48	85	55.84
Total Current Assets	10,395	8,245	7,442	6,141	5,872	4,454
Property, Plant & Equipment	3,027	2,938	2,451	1,936	1,274	862.63
Long-Term Investments	1,515	1,382	1,357	1,354	663.05	392.36
Goodwill	37.48	37.48	61.84	73.46	98.5	55.2
Other Intangible Assets	432.82	314.95	283.9	289.43	292.74	258.62
Long-Term Deferred Tax Assets	291.83	266.69	186.47	93.63	86.77	50.03
Long-Term Deferred Charges	39.44	43.4	47.47	43.91	-	31.26
Other Long-Term Assets	244.4	317.6	154.84	182.34	177.69	108.94
Total Assets	15,984	13,545	11,986	10,113	8,465	6,213
Accounts Payable	5,136	4,414	3,722	3,273	2,644	2,419
Accrued Expenses	319.68	368.26	348.32	354.24	242.87	187.26
Short-Term Debt	830.63	831.71	1,094	324.39	397.37	181.86
Current Portion of Long-Term Debt	51.28	161.77	18.79	19.47	0.8	-
Current Portion of Leases	-	45.49	43.35	48	29.2	18.36
Current Income Taxes Payable	42.74	31.67	44.37	38.72	5.71	11.58
Current Unearned Revenue	88.61	92.98	64.81	53.81	49.95	39.42
Other Current Liabilities	177.76	147.81	168.22	70.37	72.92	56.7
Total Current Liabilities	6,647	6,094	5,504	4,182	3,443	2,914
Long-Term Debt	46.55	928.6	243.3	1,253	1,027	-
Long-Term Leases	82.67	72.61	65.82	99.72	69.51	47.32
Long-Term Unearned Revenue	50.77	42.63	24.18	15.19	22.59	34.54
Long-Term Deferred Tax Liabilities	-	-	-	8.39	58.48	16.4
Other Long-Term Liabilities	38.55	56.53	33.15	15.09	12.78	8.57
Total Liabilities	6,865	7,194	5,870	5,573	4,633	3,021
Common Stock	581.61	550.11	545.63	501.1	497.57	497.57
Additional Paid-In Capital	5,287	2,665	2,565	1,144	1,039	1,019
Retained Earnings	3,203	3,088	2,970	2,643	2,038	1,644
Treasury Stock	-70.15	-70.15	-70.47	-69.99	-69.99	-
Comprehensive Income & Other	-30.8	-16.41	4.32	199.39	199.19	-4.09
Total Common Equity	8,970	6,217	6,014	4,417	3,704	3,157
Minority Interest	148	134.21	100.72	123.5	127.7	34.71
Shareholders' Equity	9,118	6,351	6,115	4,541	3,832	3,192
Total Liabilities & Equity	15,984	13,545	11,986	10,113	8,465	6,213
Total Debt	1,011	2,040	1,465	1,744	1,524	247.54
Net Cash (Debt)	2,263	-162.13	369.34	-411.49	227.34	775.47
Net Cash Growth	306.41%	-	-	-	-70.68%	-46.89%
Net Cash Per Share	4.05	-0.29	0.70	-0.78	0.45	1.55
Filing Date Shares Outstanding	568.04	546.9	542.6	498.16	494.48	497.57
Total Common Shares Outstanding	568.04	546.9	542.6	498.01	494.48	497.57
Working Capital	3,749	2,151	1,938	1,959	2,429	1,539
Book Value Per Share	15.79	11.37	11.08	8.87	7.49	6.34
Tangible Book Value	8,500	5,864	5,669	4,054	3,313	2,843
Tangible Book Value Per Share	14.96	10.72	10.45	8.14	6.70	5.71
Buildings	-	1,632	1,135	758.77	423.37	313.8
Machinery	-	1,609	1,218	957	731.6	526.9
Construction In Progress	-	398.08	599.15	524.06	352.48	206.64

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