SHE:002889 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	940.94	985.99	1,449	1,914	1,864	1,271
Short-Term Investments	-	-	100.05	103.98	100.62	436.78
Trading Asset Securities	115.65	102.24	100.17	254.96	112.36	647.86
Cash & Short-Term Investments	1,057	1,088	1,649	2,273	2,077	2,355
Cash Growth	-15.14%	-34.01%	-27.45%	9.41%	-11.81%	-61.82%
Accounts Receivable	994.53	1,149	967.94	423.82	326.41	449.88
Other Receivables	1,380	1,083	777.42	582.74	810.89	856.95
Receivables	2,374	2,232	1,745	1,007	1,278	1,307
Inventory	29.46	43.71	37.85	47.68	32.87	12.39
Prepaid Expenses	-	-	24.4	16.74	20.96	11.34
Other Current Assets	301.87	294.44	176.56	408.86	116.75	99.36
Total Current Assets	3,762	3,658	3,633	3,753	3,526	3,785
Property, Plant & Equipment	645.49	610.6	520.06	427.23	290.35	270.05
Long-Term Investments	180.57	180.36	237.06	276.73	252.5	287.35
Goodwill	17.33	17.33	17.33	17.33	17.33	17.33
Other Intangible Assets	294.44	296.19	301.71	172.62	177.2	117.23
Long-Term Deferred Tax Assets	36.91	38.41	18.91	28.47	24.36	10.79
Long-Term Deferred Charges	4.32	3.67	0.56	0.74	1.24	-
Other Long-Term Assets	-	-	-	-	-	140.88
Total Assets	5,009	4,850	4,767	4,716	4,317	4,646
Accounts Payable	281.83	326.98	266.22	165.83	60.28	61.41
Accrued Expenses	20.27	22.66	33.4	29.51	106.86	25.47
Short-Term Debt	1,465	1,470	1,787	2,029	1,705	2,139
Current Portion of Long-Term Debt	29.38	28.14	-	5.01	144.69	3.5
Current Portion of Leases	-	-	27.02	29.17	27.32	26.31
Current Income Taxes Payable	27.28	27.63	25.82	17.65	15.73	32.29
Current Unearned Revenue	153.65	142.21	103.27	100.19	42.39	32.54
Other Current Liabilities	419.56	264.71	31.5	16.01	45.67	132.48
Total Current Liabilities	2,397	2,282	2,274	2,392	2,148	2,453
Long-Term Debt	-	-	-	2.64	7.64	151.08
Long-Term Leases	8.95	2.26	11.23	25.51	19.88	22.71
Long-Term Unearned Revenue	1.34	1.38	1.53	1.68	1.83	2.64
Long-Term Deferred Tax Liabilities	0.03	0.03	0.01	12.48	10.87	2.46
Total Liabilities	2,408	2,286	2,287	2,434	2,188	2,632
Common Stock	377.67	377.67	269.76	192.96	138.1	138.1
Additional Paid-In Capital	301.06	300.42	406.41	483.52	483.52	483.52
Retained Earnings	1,853	1,815	1,734	1,559	1,470	1,339
Treasury Stock	-24.1	-24.1	-24.17	-24.17	-24.17	-9.36
Comprehensive Income & Other	1.59	1.08	0.2	-0.03	-0.05	-0.05
Total Common Equity	2,509	2,470	2,386	2,211	2,068	1,951
Minority Interest	92.73	93.65	94.56	71.31	61.24	62.79
Shareholders' Equity	2,602	2,564	2,480	2,282	2,129	2,014
Total Liabilities & Equity	5,009	4,850	4,767	4,716	4,317	4,646
Total Debt	1,504	1,500	1,825	2,091	1,905	2,343
Net Cash (Debt)	-447.14	-412.1	-175.86	181.82	172.69	12.39
Net Cash Growth	-	-	-	5.29%	1293.89%	-97.43%
Net Cash Per Share	-1.16	-1.08	-0.47	0.48	0.46	0.03
Filing Date Shares Outstanding	386.77	391.85	376.33	376.33	367	378.95
Total Common Shares Outstanding	386.77	391.85	376.33	376.33	367	378.95
Working Capital	1,365	1,376	1,359	1,361	1,378	1,332
Book Value Per Share	6.49	6.30	6.34	5.87	5.63	5.15
Tangible Book Value	2,197	2,157	2,067	2,021	1,873	1,816
Tangible Book Value Per Share	5.68	5.50	5.49	5.37	5.10	4.79
Buildings	-	-	441.14	235.59	235.59	235.59
Machinery	-	-	44.88	46.02	49.42	40.92
Construction In Progress	-	-	100.25	184.36	45.56	21.42

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