SHE:002006 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	600.36	1,114	1,659	514.84	724.22	478.29
Trading Asset Securities	270	140	-	3.02	67.59	43.02
Cash & Short-Term Investments	870.36	1,254	1,659	517.85	791.81	521.31
Cash Growth	-39.95%	-24.38%	220.27%	-34.60%	51.89%	33.06%
Accounts Receivable	1,463	1,303	1,006	870.93	845.66	772.68
Other Receivables	10	6.6	9.32	3.81	1.86	35.4
Receivables	1,473	1,310	1,015	874.74	847.52	808.09
Inventory	400.45	537.99	449.98	472.05	457.04	583.6
Other Current Assets	191.48	90.81	138.69	72.31	57.78	133.72
Total Current Assets	2,935	3,193	3,262	1,937	2,154	2,047
Property, Plant & Equipment	1,133	1,148	602.47	456.92	340.79	357.2
Long-Term Investments	262.22	280.65	87.25	21.84	21	21.11
Other Intangible Assets	132.72	133.95	102.39	104.94	35.85	36.75
Long-Term Deferred Tax Assets	42.65	37.2	36.47	22.83	19.04	24.33
Long-Term Deferred Charges	26.36	34.14	27.03	2.85	-	-
Other Long-Term Assets	28.59	16.6	24.82	36.23	16.73	25.72
Total Assets	4,561	4,844	4,143	2,583	2,588	2,512
Accounts Payable	1,134	1,111	1,020	625.56	624.19	556.73
Accrued Expenses	22.2	136.35	129.25	75.07	100.63	80.72
Short-Term Debt	340.66	548.68	411.01	204.33	123.14	242.29
Current Portion of Long-Term Debt	3.94	5.9	-	-	-	-
Current Portion of Leases	-	7.04	6.6	0.9	-	-
Current Income Taxes Payable	27.28	15.22	6.89	4.46	16.86	0
Current Unearned Revenue	90.49	189.89	139.64	182.85	293.28	471.96
Other Current Liabilities	93.57	51.43	45.88	61.18	47.21	82.05
Total Current Liabilities	1,712	2,065	1,759	1,154	1,205	1,434
Long-Term Debt	230.89	229.43	-	10	-	-
Long-Term Leases	61.43	54.9	47.24	9.55	-	-
Long-Term Unearned Revenue	55.29	44.96	10.48	1.43	2.05	3.68
Long-Term Deferred Tax Liabilities	-	-	-	1.03	1.3	-
Other Long-Term Liabilities	-	-	-	0.6	-	-
Total Liabilities	2,060	2,395	1,817	1,177	1,209	1,437
Common Stock	519.79	519.79	519.79	455.16	455.16	455.16
Additional Paid-In Capital	1,094	1,091	1,076	356.25	275.1	275.1
Retained Earnings	919.39	869.55	762.01	682.21	594.19	300.88
Treasury Stock	-60.07	-60.07	-60.07	-125.13	-	-
Comprehensive Income & Other	26.98	28.76	28.39	28.65	28.95	23.4
Total Common Equity	2,500	2,449	2,326	1,397	1,353	1,055
Minority Interest	0.57	-0.05	-	8.46	25.52	19.86
Shareholders' Equity	2,501	2,449	2,326	1,406	1,379	1,074
Total Liabilities & Equity	4,561	4,844	4,143	2,583	2,588	2,512
Total Debt	636.92	845.93	464.84	224.78	123.14	242.29
Net Cash (Debt)	233.44	408.3	1,194	293.07	668.67	279.02
Net Cash Growth	-75.36%	-65.80%	307.30%	-56.17%	139.65%	82.77%
Net Cash Per Share	0.47	0.80	2.64	0.65	1.46	0.62
Filing Date Shares Outstanding	498.34	519.68	519.68	447.66	455.16	455.16
Total Common Shares Outstanding	498.34	519.68	519.68	447.66	455.16	455.16
Working Capital	1,223	1,128	1,503	782.6	948.85	612.96
Book Value Per Share	5.02	4.71	4.48	3.12	2.97	2.32
Tangible Book Value	2,367	2,315	2,224	1,292	1,318	1,018
Tangible Book Value Per Share	4.75	4.45	4.28	2.89	2.89	2.24
Land	-	-	-	483.7	-	-
Buildings	-	595.13	510.03	-	382.44	379.83
Machinery	-	360.53	269.84	235.13	238.14	231.92
Construction In Progress	485.26	483.22	98.04	21.76	-	-

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