SHEN Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	20.95	46.27	139.26	44.06	84.34
Cash & Short-Term Investments	20.95	46.27	139.26	44.06	84.34
Cash Growth	-54.73%	-66.77%	216.05%	-47.76%	-56.84%
Accounts Receivable	31.5	29.72	19.78	20.62	22.01
Other Receivables	2.54	1.24	4.69	29.76	30.19
Total Trade Receivables	34.04	30.97	24.47	50.37	52.19
Other Current Assets	20.95	17.28	0.56	22.62	29.83
Total Current Assets	97.44	94.52	176.07	128.56	166.37
Net Property, Plant & Equipment	1,621	1,458	863.36	741.41	610.58
Other Intangible Assets	89.35	90.67	-	-	-
Goodwill	67.54	67.06	-	-	-
Long-Term Investments	16.51	15.71	13.2	12.97	13.66
Other Long-Term Assets	18.65	14.24	68.92	13.26	10.3
Total Assets	1,911	1,740	1,214	977.72	890.73
Accounts Payable	61.36	57.82	53.55	49.17	28.54
Accrued Expenses	27.41	28.38	19.5	27.52	24.3
Current Portion of Long-Term Debt	-	9.2	7.1	0.65	-
Current Portion of Leases	2.82	3.06	2.22	2.83	3.32
Unearned Revenue	16.91	16.1	12.39	12.43	11.13
Other Current Liabilities	-	-	3.6	3.82	-
Total Current Liabilities	108.5	114.57	98.36	96.42	67.29
Long-Term Debt	628.24	407.68	292.8	74.31	-
Long-Term Leases	10.63	10.79	7.19	50.48	51.69
Other Long-Term Liabilities	194.11	206.19	163.22	118.51	129.48
Total Long-Term Liabilities	832.98	624.66	463.2	243.29	181.17
Total Liabilities	941.47	739.23	561.56	339.71	248.46
Additional Paid-in Capital	157.22	147.73	66.93	57.45	49.35
Accumulated Other Comprehensive Income	-	1.85	1.67	-	-
Retained Earnings	723.57	769	584.07	580.55	592.92
Total Common Shareholders' Equity	880.78	918.58	652.67	638.01	642.28
Minority Interest	88.51	82.46	-	-	-
Shareholders' Equity	969.29	1,001	652.67	638.01	642.28
Total Liabilities & Equity	1,911	1,740	1,214	977.72	890.73
Total Debt	641.69	430.73	309.31	128.26	55.01
Net Cash (Debt)	-620.74	-384.46	-170.05	-84.2	29.33
Net Cash Per Share	-11.27	-7.16	-3.35	-1.68	0.58
Book Value	880.78	918.58	652.67	638.01	642.28
Book Value Per Share	15.99	17.10	12.87	12.72	12.81
Tangible Book Value	723.89	760.86	652.67	638.01	642.28
Tangible Book Value Per Share	13.14	14.16	12.87	12.72	12.81

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q