SHE:002066 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	344.57	474.18	452.84	344.51	370.83	235.92
Trading Asset Securities	-	-	2.19	-	-	-
Cash & Short-Term Investments	344.57	474.18	455.03	344.51	370.83	235.92
Cash Growth	6.21%	4.21%	32.08%	-7.10%	57.18%	-13.16%
Accounts Receivable	1,918	1,825	2,044	1,934	1,614	1,171
Other Receivables	35.34	37.09	46.24	45.41	47.37	33.09
Receivables	1,954	1,862	2,090	1,979	1,661	1,204
Inventory	1,159	1,096	1,040	1,088	1,067	1,084
Other Current Assets	99.56	85	95.37	76.09	34.07	74.41
Total Current Assets	3,557	3,518	3,681	3,488	3,134	2,598
Property, Plant & Equipment	1,104	1,121	1,111	1,041	973.62	987.24
Long-Term Investments	1.12	1.12	1.17	3.93	3.56	3.39
Goodwill	5.54	5.54	6.14	6.14	2.62	4.41
Other Intangible Assets	260.16	262.35	268.97	254.42	255.45	263.01
Long-Term Deferred Tax Assets	26.28	26.32	22.17	23.29	19.84	17.78
Long-Term Deferred Charges	0.2	0.24	0.49	0.93	1.55	4.48
Other Long-Term Assets	8.91	8.97	9.93	30.33	7.78	0.15
Total Assets	4,963	4,943	5,101	4,848	4,398	3,879
Accounts Payable	1,660	1,508	1,563	1,470	1,489	1,018
Accrued Expenses	4.73	73.42	33.67	63.42	29.09	16.84
Short-Term Debt	884.85	827.18	370.3	705.05	836.83	1,190
Current Portion of Long-Term Debt	266.35	285.25	306.95	26	34	20
Current Portion of Leases	-	0.99	1.19	1.58	1.74	2.17
Current Income Taxes Payable	8.73	5.29	6.33	9.82	5.94	7.64
Current Unearned Revenue	49.95	52.83	73.46	125.81	87.95	144
Other Current Liabilities	343.18	482.23	624.23	456.56	284.94	161.66
Total Current Liabilities	3,218	3,235	2,979	2,858	2,770	2,561
Long-Term Debt	330.1	277.1	569.37	491	377.41	80.12
Long-Term Leases	2.86	2.74	2.39	3.2	4.09	4.14
Long-Term Unearned Revenue	43.43	44.19	47.68	37.3	53.52	48.71
Long-Term Deferred Tax Liabilities	7.08	7.08	7.16	7.72	5.66	5.78
Total Liabilities	3,601	3,567	3,606	3,397	3,210	2,700
Common Stock	234.91	234.91	231	231	231	231
Additional Paid-In Capital	216.05	216.05	192.95	192.95	172.87	172.73
Retained Earnings	192.06	195.25	287.62	253.68	199.34	133.1
Treasury Stock	-24.34	-24.34	-	-	-	-
Comprehensive Income & Other	3.51	6.25	4.91	4.8	0.97	0.92
Total Common Equity	622.18	628.12	716.47	682.42	604.17	537.75
Minority Interest	739.73	748.53	778.5	767.9	583.39	641.47
Shareholders' Equity	1,362	1,377	1,495	1,450	1,188	1,179
Total Liabilities & Equity	4,963	4,943	5,101	4,848	4,398	3,879
Total Debt	1,484	1,393	1,250	1,227	1,254	1,297
Net Cash (Debt)	-1,140	-919.09	-795.18	-882.32	-883.24	-1,061
Net Cash Per Share	-4.89	-3.96	-3.44	-3.82	-3.82	-4.59
Filing Date Shares Outstanding	234.91	234.91	231	231	231	231
Total Common Shares Outstanding	234.91	234.91	231	231	231	231
Working Capital	339.04	282.64	701.76	629.97	363.83	37.52
Book Value Per Share	2.65	2.67	3.10	2.95	2.62	2.33
Tangible Book Value	356.48	360.23	441.36	421.86	346.1	270.33
Tangible Book Value Per Share	1.52	1.53	1.91	1.83	1.50	1.17
Buildings	-	941.19	916.45	843.76	831.96	818.39
Machinery	-	1,050	931.19	847.22	812.34	771.37
Construction In Progress	-	58.65	115.09	131.95	43.47	42.62

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