SHE:002098 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	366.28	475.61	326.35	275.94	304.72	293.6
Trading Asset Securities	61.06	10.09	7.05	3.9	3	14.5
Cash & Short-Term Investments	427.34	485.7	333.4	279.85	307.72	308.1
Cash Growth	17.56%	45.68%	19.14%	-9.06%	-0.13%	-44.07%
Accounts Receivable	453.31	471.56	503.58	432.03	339.59	410.23
Other Receivables	15.74	12.64	18.27	13.89	7.25	14.18
Receivables	469.05	484.2	521.85	445.92	346.85	424.41
Inventory	289.92	269.94	310.7	231.03	265.99	410.77
Other Current Assets	31.45	14.43	13.78	15.58	13.57	16.63
Total Current Assets	1,218	1,254	1,180	972.38	934.12	1,160
Property, Plant & Equipment	856.57	803.27	708.78	634.36	595.56	590.6
Other Intangible Assets	48.49	48.49	51.5	55.23	60.02	79.9
Long-Term Deferred Tax Assets	59.78	59.04	59.99	67.36	79.88	69.03
Long-Term Deferred Charges	2.08	1.52	1.29	0.15	7.33	9.75
Other Long-Term Assets	108.98	103.22	97.18	129.44	168.16	205.18
Total Assets	2,294	2,270	2,098	1,859	1,845	2,114
Accounts Payable	267.34	243.05	272.02	195.31	152.27	257.35
Accrued Expenses	67.66	108.38	151.79	121.17	116.69	122.27
Short-Term Debt	209.19	189.15	157.17	187.22	352.47	374.53
Current Portion of Long-Term Debt	5.09	24.94	20.04	0.41	-	-
Current Portion of Leases	-	-	5.75	5.69	3.87	186.86
Current Income Taxes Payable	39.35	38.73	29.87	26.83	26.46	52.68
Current Unearned Revenue	28.64	25.03	29.22	33.13	34.19	29.32
Other Current Liabilities	39.6	56.34	35.56	29.68	29.89	17.46
Total Current Liabilities	656.88	685.61	701.43	599.44	715.84	1,040
Long-Term Debt	38.6	19.2	19.4	19.6	-	-
Long-Term Leases	41.28	42.07	31.51	8.3	3.6	5.04
Long-Term Unearned Revenue	28.23	22.71	15.9	20.13	24.6	29.07
Long-Term Deferred Tax Liabilities	-	-	-	6.85	9.42	10.2
Other Long-Term Liabilities	1.16	1.33	-	0.94	-	-
Total Liabilities	766.16	770.93	768.24	655.27	753.45	1,085
Common Stock	358	358	358	358	358	358
Additional Paid-In Capital	327.57	327.57	327.57	313	313	313
Retained Earnings	837.37	807.3	637.26	475.16	354.53	272.68
Comprehensive Income & Other	-1.77	-0.36	0.39	0.35	0.27	0.11
Total Common Equity	1,521	1,493	1,323	1,147	1,026	943.79
Minority Interest	6.33	6.37	7.02	57.14	65.8	85.8
Shareholders' Equity	1,528	1,499	1,330	1,204	1,092	1,030
Total Liabilities & Equity	2,294	2,270	2,098	1,859	1,845	2,114
Total Debt	294.16	275.36	233.88	221.22	359.94	566.43
Net Cash (Debt)	133.17	210.34	99.53	58.63	-52.22	-258.33
Net Cash Growth	25.55%	111.34%	69.75%	-	-	-
Net Cash Per Share	0.37	0.59	0.28	0.16	-0.15	-0.72
Filing Date Shares Outstanding	357.94	357.96	358	358	358	358
Total Common Shares Outstanding	357.94	357.96	358	358	358	358
Working Capital	560.88	568.65	478.31	372.94	218.28	119.44
Book Value Per Share	4.25	4.17	3.70	3.20	2.87	2.64
Tangible Book Value	1,473	1,444	1,272	1,091	965.79	863.89
Tangible Book Value Per Share	4.11	4.03	3.55	3.05	2.70	2.41
Buildings	-	-	540.55	536.54	504	498.75
Machinery	-	-	825.07	778	736.32	692.17
Construction In Progress	-	-	27.94	8.81	13.32	14.19

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