SHE:002957 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	434.17	553.6	493.98	786.42	858.8	935.34
Short-Term Investments	-	474.42	280.39	133.4	34.82	60.88
Trading Asset Securities	242.23	248.37	33.72	16.16	53.31	103.14
Cash & Short-Term Investments	676.4	1,276	808.09	935.99	946.94	1,099
Cash Growth	-6.89%	57.95%	-13.66%	-1.16%	-13.87%	-19.24%
Accounts Receivable	1,399	1,530	1,645	1,875	2,013	1,238
Other Receivables	112.56	64.66	46.71	73.6	43.92	54.19
Receivables	1,511	1,595	1,692	1,948	2,057	1,292
Inventory	1,970	1,634	1,092	1,232	1,438	1,049
Other Current Assets	527.57	91.22	71.37	32.57	62.96	91.25
Total Current Assets	4,685	4,596	3,664	4,149	4,505	3,532
Property, Plant & Equipment	1,078	989.61	998.94	1,027	949.47	629.45
Long-Term Investments	332.11	322.37	317.13	298.8	289.49	182.44
Goodwill	208.78	208.78	208.78	208.78	208.78	208.78
Other Intangible Assets	123.48	98.04	117.42	75.57	81.31	81.12
Long-Term Deferred Tax Assets	43.91	46.63	58.39	49.31	67.69	59.55
Long-Term Deferred Charges	40.61	41.36	54.16	40.87	28.91	19.17
Other Long-Term Assets	64.49	45.08	55.25	54.48	46.31	67.19
Total Assets	6,577	6,348	5,474	5,903	6,177	4,780
Accounts Payable	1,418	1,283	866.35	1,113	1,289	923.21
Accrued Expenses	122.56	144.78	140.11	148.95	145.44	102.17
Short-Term Debt	275.94	430.01	396.65	421.6	466.33	225.31
Current Portion of Long-Term Debt	26.65	19.01	93.23	75.49	13.11	-
Current Portion of Leases	-	8.14	11.19	17.07	23.68	27.84
Current Income Taxes Payable	18.67	7.33	9.31	4.22	10.84	1.33
Current Unearned Revenue	954.03	813.21	614.42	716.87	825.5	501.32
Other Current Liabilities	107.76	79.66	79.69	139.71	231.48	210.02
Total Current Liabilities	2,923	2,785	2,211	2,637	3,005	1,991
Long-Term Debt	-	-	38	63.57	33.93	-
Long-Term Leases	15.81	4.89	6.75	6.45	22.05	35.41
Long-Term Unearned Revenue	43.23	44.63	27	30.79	16.7	19.32
Long-Term Deferred Tax Liabilities	-	-	0.71	1.07	11.51	5.35
Other Long-Term Liabilities	14.39	16.14	13.94	12.27	12.91	12.01
Total Liabilities	2,997	2,851	2,297	2,751	3,102	2,063
Common Stock	419.98	419.98	410.76	411.66	410.76	411.64
Additional Paid-In Capital	876.63	870.14	777.93	784.93	777.93	788.51
Retained Earnings	2,021	1,952	1,750	1,681	1,606	1,307
Treasury Stock	-6.62	-6.62	-32.08	-7.9	-	-21.38
Comprehensive Income & Other	-0.98	-0.87	0.45	-1.23	-3.65	-12.83
Total Common Equity	3,310	3,234	2,907	2,868	2,791	2,473
Minority Interest	269.72	262.95	269.61	284.22	284.35	243.66
Shareholders' Equity	3,580	3,497	3,176	3,152	3,075	2,716
Total Liabilities & Equity	6,577	6,348	5,474	5,903	6,177	4,780
Total Debt	318.4	462.05	545.82	584.16	559.1	288.57
Net Cash (Debt)	358	814.34	262.27	351.83	387.83	810.79
Net Cash Growth	33.91%	210.50%	-25.46%	-9.28%	-52.17%	-35.70%
Net Cash Per Share	0.85	1.95	0.64	0.86	0.94	2.08
Filing Date Shares Outstanding	417.65	419.83	408.43	412.41	410.76	411.64
Total Common Shares Outstanding	417.65	419.83	408.43	412.41	410.76	411.64
Working Capital	1,762	1,811	1,453	1,512	1,500	1,541
Book Value Per Share	7.93	7.70	7.12	6.95	6.79	6.01
Tangible Book Value	2,978	2,928	2,580	2,584	2,501	2,183
Tangible Book Value Per Share	7.13	6.97	6.32	6.27	6.09	5.30
Buildings	-	834.37	891.25	864.62	349.01	351.52
Machinery	-	399.02	366.6	280.82	255.48	206.09
Construction In Progress	-	65.59	1.02	28.56	432.96	112.32

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