SHE:002020 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	-	530.71	316.27	1,461	1,548	1,561
Trading Asset Securities	-	318.96	827.66	150.96	366.89	422.4
Cash & Short-Term Investments	849.67	849.67	1,144	1,612	1,915	1,983
Cash Growth	21.65%	-25.72%	-29.03%	-15.85%	-3.41%	-8.38%
Accounts Receivable	-	881.12	852.02	612.58	509.57	510.67
Other Receivables	-	49.24	55.26	51.44	59.13	103.81
Receivables	-	930.36	907.27	664.02	568.7	614.47
Inventory	-	766.15	792.72	652.69	773.7	677.69
Prepaid Expenses	-	3.22	3.36	3.7	2.52	0.81
Other Current Assets	-	751.41	57.5	421.56	20.88	17.82
Total Current Assets	-	3,301	2,905	3,354	3,281	3,294
Property, Plant & Equipment	-	2,281	2,188	2,300	1,632	1,297
Long-Term Investments	-	1,488	2,161	1,124	1,134	882.21
Goodwill	-	335.6	348.48	348.48	348.48	348.48
Other Intangible Assets	-	431.89	382.26	401.26	418.59	157
Long-Term Deferred Tax Assets	-	79.23	83.56	80.98	75.11	68.64
Long-Term Deferred Charges	-	38.93	58.73	21.2	26.71	55.95
Other Long-Term Assets	-	167.59	351.9	356.72	446.73	443.95
Total Assets	-	8,124	8,479	7,987	7,363	6,547
Accounts Payable	-	666.34	880.79	941.16	719.12	449.79
Accrued Expenses	-	225.72	198.28	206.39	187.72	189.47
Short-Term Debt	-	284.39	281.36	279.09	238.58	148.33
Current Portion of Long-Term Debt	-	-	-	-	0.05	0.27
Current Portion of Leases	-	6.63	13.3	11.86	14.69	14.66
Current Income Taxes Payable	-	41.65	89.18	44.3	59.99	50.25
Current Unearned Revenue	-	56.45	56.48	53.35	81.01	47.61
Other Current Liabilities	-	625.72	615.12	538.61	514.23	521.88
Total Current Liabilities	-	1,907	2,135	2,075	1,815	1,422
Long-Term Debt	-	-	-	-	-	0.04
Long-Term Leases	-	22.63	23.13	31.23	42.98	30.62
Long-Term Unearned Revenue	-	263.91	264.59	268.81	270.6	128.73
Long-Term Deferred Tax Liabilities	-	58.96	54.33	68.4	59.68	65.44
Other Long-Term Liabilities	-	0.86	1.19	3.2	1.94	0.74
Total Liabilities	-	2,253	2,478	2,446	2,191	1,648
Common Stock	-	861.03	861.03	861.03	861.03	905.32
Additional Paid-In Capital	-	1,723	1,723	1,723	1,720	2,236
Retained Earnings	-	3,841	3,368	2,914	2,554	2,150
Treasury Stock	-	-608.78	-	-	-	-437.62
Comprehensive Income & Other	-	16.65	17.17	13.86	11.31	8.05
Total Common Equity	5,833	5,833	5,970	5,512	5,146	4,862
Minority Interest	-	37.23	32.04	27.78	25.85	37.72
Shareholders' Equity	5,870	5,870	6,002	5,540	5,172	4,899
Total Liabilities & Equity	-	8,124	8,479	7,987	7,363	6,547
Total Debt	313.65	313.65	317.79	322.18	296.3	193.92
Net Cash (Debt)	536.02	536.02	826.13	1,290	1,619	1,789
Net Cash Growth	13.29%	-35.12%	-35.94%	-20.35%	-9.51%	-4.00%
Net Cash Per Share	0.65	0.65	0.96	1.50	1.88	2.19
Filing Date Shares Outstanding	826.02	813.76	861.03	861.03	861.03	861.03
Total Common Shares Outstanding	826.02	813.76	861.03	861.03	861.03	861.03
Working Capital	-	1,394	770.26	1,279	1,466	1,872
Book Value Per Share	7.17	7.17	6.93	6.40	5.98	5.65
Tangible Book Value	5,066	5,066	5,239	4,763	4,379	4,356
Tangible Book Value Per Share	6.22	6.22	6.08	5.53	5.09	5.06
Land	-	-	-	-0.21	-	-
Buildings	-	1,797	1,629	1,388	934.82	889.16
Machinery	-	1,840	1,754	1,412	1,219	946.45
Construction In Progress	-	52.71	13.62	482.06	284.91	161.34