SHE:002033 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	Dec '21 Dec 31, 2021
Cash & Equivalents	422.29	427.78	743.35	622.46	621.22	632.3
Short-Term Investments	-	267.78	83.17	56.73	-	30.15
Trading Asset Securities	211.27	135.64	-	130.92	101.2	111.55
Cash & Short-Term Investments	633.56	831.2	826.52	810.11	722.41	774
Cash Growth	-18.26%	0.57%	2.02%	12.14%	-6.66%	-24.85%
Accounts Receivable	12.53	10.25	9.69	9.52	5.51	6.87
Other Receivables	15.17	1.57	1.2	2.53	1.58	2.36
Receivables	27.69	112.3	10.89	12.05	7.1	9.23
Inventory	18.48	16	14.42	17.72	18.67	14.19
Prepaid Expenses	-	0.3	0.09	0.35	0.32	1.67
Other Current Assets	319.87	18.61	10.15	9.1	32.36	13.52
Total Current Assets	999.61	978.41	862.06	849.34	780.86	812.61
Property, Plant & Equipment	1,411	1,393	1,465	1,348	1,327	1,211
Long-Term Investments	24.92	95.65	87.9	105.56	56.09	47.97
Goodwill	26.12	26.12	26.12	26.12	26.12	26.12
Other Intangible Assets	295.9	298.66	268.99	270.1	280.46	289.72
Long-Term Deferred Tax Assets	3.08	3.08	3.53	3.38	4.77	4.3
Long-Term Deferred Charges	18.89	18.41	25.43	28.58	34.07	32.89
Other Long-Term Assets	327.48	256.08	277.71	293.38	240.55	265.38
Total Assets	3,107	3,069	3,016	2,924	2,750	2,690
Accounts Payable	29.55	47.61	169.25	109.47	114.47	80.88
Accrued Expenses	52.36	122.82	116.61	135.08	57.78	47.14
Current Portion of Long-Term Debt	0.45	-	-	-	-	-
Current Portion of Leases	-	0.55	1.66	1.1	0.21	0.19
Current Income Taxes Payable	51.57	10.5	10.63	7.19	5.17	2.9
Current Unearned Revenue	10.53	10.57	7.79	5.87	4.98	3.76
Other Current Liabilities	57.94	47.1	32.61	15.39	31	30.86
Total Current Liabilities	202.41	239.15	338.55	274.1	213.62	165.73
Long-Term Leases	7.48	7.81	8.15	7.99	8.83	5.79
Long-Term Unearned Revenue	17.46	17.56	5.67	6.26	7.07	5.34
Long-Term Deferred Tax Liabilities	0.14	0.11	-	0.14	0.18	0.23
Other Long-Term Liabilities	-	-	-	-	-	2
Total Liabilities	227.48	264.64	352.38	288.5	229.7	179.09
Common Stock	549.49	549.49	549.49	549.49	549.49	549.49
Additional Paid-In Capital	572.43	572.39	562.2	558.17	558.4	558.55
Retained Earnings	1,504	1,437	1,416	1,398	1,308	1,304
Total Common Equity	2,626	2,559	2,528	2,505	2,416	2,412
Minority Interest	253.96	245.36	136.32	130.05	104.62	99.11
Shareholders' Equity	2,880	2,804	2,664	2,636	2,520	2,511
Total Liabilities & Equity	3,107	3,069	3,016	2,924	2,750	2,690
Total Debt	7.93	8.36	9.81	9.1	9.05	5.98
Net Cash (Debt)	625.63	822.84	816.71	801.02	713.37	768.02
Net Cash Growth	-18.29%	0.75%	1.96%	12.29%	-7.12%	-25.43%
Net Cash Per Share	1.14	1.50	1.49	1.46	1.30	1.40
Filing Date Shares Outstanding	549.37	549.49	549.49	549.49	549.49	549.49
Total Common Shares Outstanding	549.37	549.49	549.49	549.49	549.49	549.49
Working Capital	797.2	739.25	523.51	575.24	567.24	646.88
Book Value Per Share	4.78	4.66	4.60	4.56	4.40	4.39
Tangible Book Value	2,304	2,234	2,233	2,209	2,109	2,096
Tangible Book Value Per Share	4.19	4.07	4.06	4.02	3.84	3.81
Buildings	-	1,370	1,423	1,226	1,134	1,114
Machinery	-	615.3	669.74	578.92	511.22	508.12
Construction In Progress	-	114.76	31.21	163.29	201.28	56.32

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