SHE:002967 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	843.37	1,106	1,025	1,460	1,266	1,564
Short-Term Investments	-	-	160	-	-	-
Trading Asset Securities	1,001	-	30	-	38.51	6.46
Cash & Short-Term Investments	1,845	1,106	1,215	1,460	1,304	1,571
Cash Growth	129.14%	-8.96%	-16.77%	11.92%	-16.95%	386.41%
Accounts Receivable	2,197	2,098	1,873	1,641	1,485	1,240
Other Receivables	45.81	43.93	60.22	60.51	46.05	53.31
Receivables	2,243	2,141	1,934	1,702	1,531	1,293
Inventory	72.23	68.22	30.94	39.83	23.16	14.79
Prepaid Expenses	-	0.11	0.05	-	-	-
Other Current Assets	102.65	76.21	85.2	100.37	67.25	85.15
Total Current Assets	4,262	3,392	3,265	3,302	2,925	2,963
Property, Plant & Equipment	2,563	2,371	2,399	2,073	1,861	1,583
Long-Term Investments	52.92	55.49	69.36	77.82	80.76	100.43
Goodwill	210.03	210.03	166.53	199.13	249.8	213.07
Other Intangible Assets	145.7	152.34	148.47	155.2	156.52	154.38
Long-Term Deferred Tax Assets	97.56	87.81	112.9	98.95	84.46	61.67
Long-Term Deferred Charges	90.85	93.03	57.09	55.75	64.99	83.3
Other Long-Term Assets	320.54	382.56	336.37	109.8	131.24	120.82
Total Assets	7,743	6,745	6,555	6,071	5,554	5,280
Accounts Payable	499.84	609.27	511.17	401.17	415.03	374.62
Accrued Expenses	125.01	246.78	188.74	133.62	138.17	123.85
Short-Term Debt	460.29	569.36	961.33	754.02	534.97	492.12
Current Portion of Long-Term Debt	146.29	74.03	71.21	22.53	22.58	7
Current Portion of Leases	-	72.74	83.77	95	149.95	193.13
Current Income Taxes Payable	23.37	12.33	18.37	4.64	7.81	19.14
Current Unearned Revenue	163.86	154.34	152.26	172.6	106.63	107.92
Other Current Liabilities	241.83	233.54	312.26	88.68	117.41	86.46
Total Current Liabilities	1,660	1,972	2,299	1,672	1,493	1,404
Long-Term Debt	802.9	802.9	579.21	439.98	180.57	87.93
Long-Term Leases	128.53	115.21	114.13	158.34	201.53	230.03
Long-Term Unearned Revenue	99.36	104.99	106.61	103.56	86.06	67.44
Long-Term Deferred Tax Liabilities	10.98	14.58	37.94	24.13	22.54	20.27
Other Long-Term Liabilities	-	-	-	-	5.92	-
Total Liabilities	2,702	3,010	3,137	2,398	1,989	1,810
Common Stock	637.28	583.14	583.25	575.23	575.23	575.23
Additional Paid-In Capital	3,310	2,069	2,051	1,982	1,982	1,982
Retained Earnings	1,442	1,425	1,168	1,043	929.53	831.86
Treasury Stock	-454.5	-454.5	-457.81	-	-	-
Comprehensive Income & Other	-13.56	-11.38	-8.53	-3.94	4.54	21.03
Total Common Equity	4,921	3,611	3,336	3,596	3,491	3,410
Minority Interest	119.49	123.76	81.76	76.94	73.94	60.34
Shareholders' Equity	5,040	3,734	3,418	3,673	3,565	3,470
Total Liabilities & Equity	7,743	6,745	6,555	6,071	5,554	5,280
Total Debt	1,538	1,634	1,810	1,470	1,090	1,010
Net Cash (Debt)	306.75	-528.06	-594.69	-10.13	214.73	560.38
Net Cash Growth	-	-	-	-	-61.68%	-
Net Cash Per Share	0.54	-0.95	-1.03	-0.02	0.37	1.02
Filing Date Shares Outstanding	614.42	614.42	560.39	575.23	575.23	575.23
Total Common Shares Outstanding	614.42	560.28	560.39	575.23	575.23	575.23
Working Capital	2,602	1,420	965.77	1,629	1,433	1,559
Book Value Per Share	8.01	6.44	5.95	6.25	6.07	5.93
Tangible Book Value	4,565	3,248	3,021	3,241	3,085	3,042
Tangible Book Value Per Share	7.43	5.80	5.39	5.63	5.36	5.29
Buildings	-	1,026	1,015	174.74	174.14	166.56
Machinery	-	3,083	2,815	2,521	2,279	1,920
Construction In Progress	-	3.49	-	476.75	179.77	23.39

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