SHE:002863 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	538.57	586.68	616.66	981.5	743.48	452.02
Trading Asset Securities	0.66	0.99	0.68	1.64	1.18	4.04
Cash & Short-Term Investments	539.23	587.67	617.34	983.14	744.66	456.06
Cash Growth	-22.44%	-4.81%	-37.21%	32.02%	63.28%	-26.36%
Accounts Receivable	1,048	898.8	904.23	692.53	668.99	587.09
Other Receivables	31.13	27.82	114.82	252.19	110.31	157.11
Receivables	1,079	926.62	1,019	944.73	779.31	744.21
Inventory	1,989	1,708	1,638	1,342	1,135	1,099
Other Current Assets	381.59	420.48	171.87	116.6	106.16	91.74
Total Current Assets	3,989	3,643	3,447	3,386	2,765	2,391
Property, Plant & Equipment	4,566	4,655	3,917	3,246	2,903	2,611
Long-Term Investments	-	-	0.13	4.76	0.13	0.13
Goodwill	0.02	0.02	0.02	0.02	0.02	0.02
Other Intangible Assets	262.05	268.72	274.11	224.22	226.56	250.88
Long-Term Accounts Receivable	-	-	20.42	28.95	24.8	8.9
Long-Term Deferred Tax Assets	116.13	110.99	104.36	87.81	57.62	49.19
Long-Term Deferred Charges	110.7	102.36	88.62	64.63	64.83	63.46
Other Long-Term Assets	317.25	310.02	295.68	304.42	407.75	342.08
Total Assets	9,361	9,090	8,147	7,347	6,450	5,717
Accounts Payable	1,231	1,056	790.44	478.83	1,043	905.43
Accrued Expenses	11.41	25.04	54.63	48.53	44.91	58.19
Short-Term Debt	2,828	2,674	2,489	2,396	1,973	1,867
Current Portion of Long-Term Debt	504.04	797.48	593.35	341.91	181.81	150.32
Current Portion of Leases	-	-	106.33	74.66	55.43	-
Current Income Taxes Payable	20.89	70.41	6.02	13.83	8.22	15.29
Current Unearned Revenue	33.25	20.53	17.72	16.26	14.92	23.68
Other Current Liabilities	50.51	48.5	38.64	36.29	49.48	57.83
Total Current Liabilities	4,680	4,692	4,096	3,407	3,371	3,078
Long-Term Debt	1,290	1,080	845.9	900.54	699.65	514.56
Long-Term Leases	18.5	17.11	167.3	119.95	72.96	19.59
Long-Term Unearned Revenue	224.95	233.51	230.6	206.37	209.12	152.63
Long-Term Deferred Tax Liabilities	0.5	3.85	23.66	8.9	3.21	4.08
Other Long-Term Liabilities	316.06	222.47	22.6	17.95	-	1.23
Total Liabilities	6,530	6,249	5,386	4,660	4,355	3,770
Common Stock	599.48	599.48	598.66	598.64	498.84	498.82
Additional Paid-In Capital	1,234	1,234	1,211	1,208	794.25	808.57
Retained Earnings	983.22	953.82	904.07	847.86	779.04	673.49
Treasury Stock	-	-	-	-	-	-39.52
Comprehensive Income & Other	7.42	46.31	41.08	25.74	15.57	-1.48
Total Common Equity	2,824	2,833	2,755	2,680	2,088	1,940
Minority Interest	7.37	7.23	6.9	6.5	6.59	6.84
Shareholders' Equity	2,832	2,841	2,761	2,687	2,094	1,947
Total Liabilities & Equity	9,361	9,090	8,147	7,347	6,450	5,717
Total Debt	4,641	4,569	4,202	3,834	2,982	2,552
Net Cash (Debt)	-4,102	-3,981	-3,584	-2,850	-2,238	-2,096
Net Cash Per Share	-6.98	-6.64	-5.99	-5.79	-4.56	-4.19
Filing Date Shares Outstanding	588.01	583.97	598.66	598.64	498.84	492.11
Total Common Shares Outstanding	588.01	583.97	598.66	598.64	498.84	492.11
Working Capital	-690.85	-1,050	-649.3	-20.78	-605.13	-686.9
Book Value Per Share	4.80	4.85	4.60	4.48	4.19	3.94
Tangible Book Value	2,562	2,565	2,480	2,456	1,861	1,689
Tangible Book Value Per Share	4.36	4.39	4.14	4.10	3.73	3.43
Buildings	-	-	1,171	1,146	1,092	899.45
Machinery	-	-	3,456	2,921	2,614	2,003
Construction In Progress	-	-	688.99	370.13	185.95	589.11

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