SHE:000573 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	422.59	525.51	420.19	257.2	339.05	453.07
Trading Asset Securities	100	-	-	-	-	0.06
Cash & Short-Term Investments	522.59	525.51	420.19	257.2	339.05	453.13
Cash Growth	-1.23%	25.06%	63.37%	-24.14%	-25.17%	-31.10%
Accounts Receivable	21.85	18.8	33.5	24.63	28.46	60.7
Other Receivables	24.32	27.05	27.97	105.92	52.63	25.69
Receivables	46.18	45.85	61.47	130.55	81.09	86.39
Inventory	918.03	925.38	940.35	905.18	790.76	803.52
Other Current Assets	29.56	34.1	32.17	77.79	24.13	11.32
Total Current Assets	1,516	1,531	1,454	1,371	1,235	1,354
Property, Plant & Equipment	45.43	47.83	63.68	80.29	93.64	97.3
Long-Term Investments	178.16	34.18	114.2	256.15	315.17	343.75
Goodwill	12.5	12.5	12.5	12.5	12.5	12.5
Other Intangible Assets	10	10.1	60.36	73.1	202.59	148.44
Long-Term Deferred Tax Assets	48.24	48.85	66.5	69.15	119.58	111.17
Long-Term Deferred Charges	0.17	0.18	0.92	1.76	2.03	1.63
Other Long-Term Assets	287.05	407.16	452.78	495.08	580.08	438.67
Total Assets	2,098	2,092	2,225	2,359	2,561	2,508
Accounts Payable	48.42	52.64	73.7	78.55	61.24	89.18
Accrued Expenses	1	17.11	20.23	15.03	208.5	204.18
Short-Term Debt	70.06	70.07	160.19	235.29	235.29	235.32
Current Portion of Long-Term Debt	85.6	83.51	1.91	0.17	0.11	-
Current Portion of Leases	-	2.09	0.55	3.57	2.07	0.59
Current Income Taxes Payable	2.39	0.77	0.16	0.45	1.88	19.75
Current Unearned Revenue	1.74	0.43	1.68	3.31	16.72	46.37
Other Current Liabilities	84.41	99.37	126.97	118.91	167.61	160.17
Total Current Liabilities	293.61	326	385.38	455.29	693.41	755.56
Long-Term Debt	84.15	84.15	167.45	134.1	85	-
Long-Term Leases	1.99	2.53	2.47	9.84	9.15	8.01
Long-Term Unearned Revenue	1.78	1.78	1.86	1.94	2.03	2.11
Long-Term Deferred Tax Liabilities	5.9	6.15	6.02	8.99	7.4	6.79
Other Long-Term Liabilities	68.32	70.28	71.31	71.03	118.84	60.99
Total Liabilities	455.75	490.88	634.5	681.18	915.84	833.46
Common Stock	638.28	638.28	638.28	638.28	638.28	638.28
Additional Paid-In Capital	553.39	553.39	541.16	541.16	541.16	541.16
Retained Earnings	481.83	440.09	403.39	489.38	474.36	496.63
Comprehensive Income & Other	-33.85	-34.08	0.84	1.74	1.13	1.29
Total Common Equity	1,640	1,598	1,584	1,671	1,655	1,677
Minority Interest	2.51	3.08	6.96	6.99	-10.14	-3.01
Shareholders' Equity	1,642	1,601	1,591	1,678	1,645	1,674
Total Liabilities & Equity	2,098	2,092	2,225	2,359	2,561	2,508
Total Debt	241.8	242.35	332.57	382.97	331.62	243.91
Net Cash (Debt)	280.79	283.16	87.61	-125.78	7.43	209.21
Net Cash Growth	44.10%	223.19%	-	-	-96.45%	7.19%
Net Cash Per Share	0.45	0.45	0.13	-0.20	0.01	0.33
Filing Date Shares Outstanding	638.24	638.28	638.28	638.28	638.28	638.28
Total Common Shares Outstanding	638.24	638.28	638.28	638.28	638.28	638.28
Working Capital	1,223	1,205	1,069	915.42	541.62	598.8
Book Value Per Share	2.57	2.50	2.48	2.62	2.59	2.63
Tangible Book Value	1,617	1,575	1,511	1,585	1,440	1,516
Tangible Book Value Per Share	2.53	2.47	2.37	2.48	2.26	2.38
Buildings	-	90.68	101.09	101.04	120.86	105.75
Machinery	-	57.77	68.88	71.33	78.12	76.75
Construction In Progress	-	-	7.85	6.12	0.97	1.99

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