SHE:002082 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	575.01	546.55	158.73	226.61	467.62	912.02
Short-Term Investments	-	-	11.15	-	-	-
Cash & Short-Term Investments	575.01	546.55	169.88	226.61	467.62	912.02
Cash Growth	911.22%	221.74%	-25.04%	-51.54%	-48.73%	58.84%
Accounts Receivable	804.24	669.22	1,038	1,157	1,263	1,157
Other Receivables	36.97	21.75	18.57	58.67	57.15	20.54
Receivables	841.21	690.97	1,056	1,216	1,320	1,178
Inventory	214.31	232.67	213.86	255.91	283.15	261.41
Prepaid Expenses	-	2.63	5.58	3.31	4.46	4.13
Other Current Assets	206.24	181.33	357.81	221.63	125.34	113.66
Total Current Assets	1,837	1,654	1,803	1,923	2,201	2,469
Property, Plant & Equipment	1,540	1,559	1,564	1,495	1,274	1,175
Long-Term Investments	122.53	122.53	112.08	10.52	12.35	12.91
Goodwill	127.17	128.86	125.67	125.46	127.93	194.79
Other Intangible Assets	576.33	581.4	461.79	418.46	430.97	398.65
Long-Term Accounts Receivable	14.5	15.23	14.06	12.79	6.57	3.97
Long-Term Deferred Tax Assets	129.02	137.03	134.44	113.62	90.54	54.23
Long-Term Deferred Charges	93.78	93.9	63.04	58.5	30.2	23.52
Other Long-Term Assets	113.67	99.59	48.91	138.69	44.47	39.06
Total Assets	4,554	4,391	4,327	4,296	4,218	4,371
Accounts Payable	355.92	339.46	247.36	302.55	231.18	254.51
Accrued Expenses	20.36	63.28	67.33	73.08	63.79	95.99
Short-Term Debt	652.73	650.86	855.17	825.43	677.96	572.21
Current Portion of Long-Term Debt	179.98	27.14	54.19	54.27	37.28	31.5
Current Portion of Leases	-	144.67	3.24	2.65	0.55	0.54
Current Income Taxes Payable	60.97	10.23	18.13	17.34	24.6	190.25
Current Unearned Revenue	35.6	35.21	16.82	14.31	30.28	33.21
Other Current Liabilities	183.78	79.84	54.02	36.98	71.61	105.19
Total Current Liabilities	1,489	1,351	1,316	1,327	1,137	1,283
Long-Term Debt	153.48	172.7	104	81.51	135.2	237
Long-Term Leases	72.06	119.58	11.61	11.99	13.43	1.22
Long-Term Unearned Revenue	94.07	91.05	92.18	70.54	68.06	59.37
Long-Term Deferred Tax Liabilities	44.25	45.37	44.21	40.83	39.36	33.5
Other Long-Term Liabilities	3.67	4.27	2.68	5.91	6.48	12.19
Total Liabilities	1,857	1,784	1,571	1,537	1,400	1,627
Common Stock	611.69	611.69	616.69	616.69	618.22	618.22
Additional Paid-In Capital	257.93	257.93	311.78	311.78	305.79	305.79
Retained Earnings	1,762	1,659	1,827	1,820	1,844	1,751
Treasury Stock	-	-	-59.99	-59.99	-59.99	-50.96
Comprehensive Income & Other	-20.25	-13.13	-28.34	-30.92	-21	-25.88
Total Common Equity	2,612	2,516	2,667	2,658	2,687	2,598
Minority Interest	84.99	91.66	89.64	101.28	131.02	146.33
Shareholders' Equity	2,697	2,608	2,756	2,759	2,818	2,745
Total Liabilities & Equity	4,554	4,391	4,327	4,296	4,218	4,371
Total Debt	1,058	1,115	1,028	975.84	864.42	842.48
Net Cash (Debt)	-483.24	-568.4	-858.34	-749.23	-396.8	69.54
Net Cash Per Share	-0.78	-0.92	-1.39	-1.22	-0.64	0.11
Filing Date Shares Outstanding	611.69	611.69	611.69	611.69	613.22	614.08
Total Common Shares Outstanding	611.69	611.69	611.69	611.69	613.22	614.08
Working Capital	347.43	303.45	487.05	596.66	1,064	1,185
Book Value Per Share	4.27	4.11	4.36	4.34	4.38	4.23
Tangible Book Value	1,908	1,806	2,079	2,114	2,128	2,005
Tangible Book Value Per Share	3.12	2.95	3.40	3.46	3.47	3.26
Buildings	-	895.4	893.08	700.33	577.02	530.22
Machinery	-	777.69	777.07	703.7	679.8	668.65
Construction In Progress	-	586.04	510.85	611.33	472.39	380.88