SHE:002088 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	473.02	515.11	652.47	615.12	1,029	743.78
Short-Term Investments	-	-	10.74	-	-	-
Cash & Short-Term Investments	473.02	515.11	663.21	615.12	1,029	743.78
Cash Growth	-21.46%	-22.33%	7.82%	-40.20%	38.31%	26.24%
Accounts Receivable	1,437	1,577	1,937	1,867	1,817	1,500
Other Receivables	23.57	25.11	24.42	22.29	126.97	16.43
Receivables	1,461	1,602	1,962	1,890	1,944	1,517
Inventory	241.85	217.1	279.69	298.53	370.61	426.62
Prepaid Expenses	-	-	10.37	3.55	0.52	0.34
Other Current Assets	26.97	25.67	25.23	42.35	61.41	28.42
Total Current Assets	2,203	2,360	2,940	2,849	3,405	2,716
Property, Plant & Equipment	662.61	678.18	735.66	777.12	827.84	921.14
Long-Term Investments	-	-	61	-	-	-
Other Intangible Assets	112.54	114.68	121.74	129.78	134.89	128.2
Long-Term Deferred Tax Assets	61.29	60.82	39.94	36.81	31.71	22.84
Long-Term Deferred Charges	9.5	10.08	7.81	7.75	13.84	2.34
Other Long-Term Assets	93.89	95.61	31.17	34.42	32.25	31.47
Total Assets	3,143	3,319	3,937	3,835	4,445	3,822
Accounts Payable	352.2	427.29	628.61	615.64	765.55	622.36
Accrued Expenses	33.26	72.59	113.42	104.59	132.25	114.96
Short-Term Debt	-	-	2.12	4.74	4.46	-
Current Portion of Long-Term Debt	8.1	7.46	-	-	-	-
Current Portion of Leases	-	-	7.72	5.57	5.41	2.05
Current Income Taxes Payable	22.63	24.57	24.62	12.93	9.94	13.45
Current Unearned Revenue	44.22	52.79	69.85	136.47	211.32	220.91
Other Current Liabilities	96	149.19	167.6	116.96	130.88	93.86
Total Current Liabilities	556.41	733.89	1,014	996.89	1,260	1,068
Long-Term Leases	5.32	6.6	10.01	15.48	24.9	103.25
Long-Term Unearned Revenue	9.56	10.04	18.99	14.64	18.56	14.58
Long-Term Deferred Tax Liabilities	1.14	1.12	1.06	1.04	1.36	1.68
Other Long-Term Liabilities	38.2	38.63	0.15	0.41	0.53	-
Total Liabilities	610.64	790.28	1,044	1,028	1,305	1,187
Common Stock	509.63	510.81	513.12	506.33	506.33	506.33
Additional Paid-In Capital	305.15	312.3	333.13	280.93	696.53	440.6
Retained Earnings	1,735	1,732	2,092	2,020	1,933	1,704
Treasury Stock	-17.27	-25.59	-44.04	-	-	-13.36
Comprehensive Income & Other	-0.16	-0.42	-0.49	-0.79	-1.04	-2.94
Total Common Equity	2,532	2,529	2,893	2,807	3,135	2,635
Minority Interest	-	-	-	-	5.36	-
Shareholders' Equity	2,532	2,529	2,893	2,807	3,140	2,635
Total Liabilities & Equity	3,143	3,319	3,937	3,835	4,445	3,822
Total Debt	13.42	14.06	19.85	25.79	34.77	105.31
Net Cash (Debt)	459.61	501.04	643.36	589.34	993.94	638.48
Net Cash Growth	-21.36%	-22.12%	9.17%	-40.71%	55.67%	9.29%
Net Cash Per Share	0.95	0.93	1.26	1.16	1.98	1.27
Filing Date Shares Outstanding	291.54	580.27	513.12	506.33	506.33	506.33
Total Common Shares Outstanding	291.54	580.27	513.12	506.33	506.33	506.33
Working Capital	1,646	1,626	1,926	1,852	2,145	1,648
Book Value Per Share	8.68	4.36	5.64	5.54	6.19	5.20
Tangible Book Value	2,419	2,414	2,772	2,677	3,000	2,506
Tangible Book Value Per Share	8.30	4.16	5.40	5.29	5.93	4.95
Buildings	-	-	674.6	659.98	600.26	600.28
Machinery	-	-	1,042	1,042	1,003	1,156
Construction In Progress	-	-	8.79	22.38	123.4	9

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