SHE:002099 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	842.81	1,379	1,517	1,421	1,491	1,828
Trading Asset Securities	15.51	14.38	45.03	-	-	9.48
Cash & Short-Term Investments	858.32	1,394	1,562	1,421	1,491	1,837
Cash Growth	-51.29%	-10.78%	9.96%	-4.71%	-18.86%	-6.72%
Accounts Receivable	502.85	463.99	460.09	445.14	541.38	521.07
Other Receivables	5.47	3.59	7.01	10.3	42.9	56.48
Receivables	508.32	467.57	467.09	455.44	584.28	577.54
Inventory	984.11	901.91	799.71	702.27	1,102	907.97
Other Current Assets	79.11	69.41	61.9	47.45	68.15	114
Total Current Assets	2,430	2,833	2,891	2,626	3,246	3,437
Property, Plant & Equipment	2,809	2,872	2,961	3,029	3,098	2,981
Long-Term Investments	736.8	681.83	638.44	671.67	720.88	259.42
Goodwill	394.84	394.84	394.84	603.31	711.01	757.74
Other Intangible Assets	499.99	503.41	520.43	520.8	555.76	490.13
Long-Term Deferred Tax Assets	50.65	42.95	42.56	41.57	52.34	52.18
Long-Term Deferred Charges	0.85	1.23	2.8	4.04	2.06	2.52
Other Long-Term Assets	124.34	4.62	5.55	23.65	7.81	39.82
Total Assets	7,047	7,333	7,456	7,520	8,393	8,020
Accounts Payable	809.39	783.71	862.1	603.34	995.04	1,029
Accrued Expenses	34.19	51.46	82.87	81.61	81.72	88.24
Short-Term Debt	1,091	1,284	1,222	1,030	833.81	571.93
Current Portion of Long-Term Debt	4.93	4.93	-	10.01	2	-
Current Portion of Leases	-	-	5.26	4.46	3.84	3.82
Current Income Taxes Payable	21.15	28.38	9.4	5.06	3.42	9.52
Current Unearned Revenue	15.62	17.99	12.67	10.13	8.16	9.7
Other Current Liabilities	46.24	45.43	34.12	62.03	42.69	20.72
Total Current Liabilities	2,023	2,216	2,228	1,807	1,971	1,733
Long-Term Debt	-	-	-	-	148.14	-
Long-Term Leases	0.42	0.55	6.62	10.21	14.01	17.82
Long-Term Unearned Revenue	45.89	47.1	54.4	57.31	54.44	53.45
Long-Term Deferred Tax Liabilities	44.4	37.54	33.57	41.34	99.58	101.03
Other Long-Term Liabilities	1.33	1.33	1.33	2.68	1.33	1.33
Total Liabilities	2,115	2,302	2,324	1,918	2,288	1,906
Common Stock	1,619	1,619	1,619	1,619	1,619	1,619
Additional Paid-In Capital	2,920	2,920	2,917	2,906	2,906	2,844
Retained Earnings	705.96	679.51	749.14	1,079	1,580	1,654
Treasury Stock	-302.57	-177.51	-151.42	-	-	-
Comprehensive Income & Other	-1.29	-1.29	5.78	1.95	2.59	-1.64
Total Common Equity	4,941	5,040	5,139	5,606	6,108	6,115
Minority Interest	-8.95	-8.81	-7.24	-4.63	-3.06	-1.38
Shareholders' Equity	4,932	5,031	5,132	5,602	6,105	6,114
Total Liabilities & Equity	7,047	7,333	7,456	7,520	8,393	8,020
Total Debt	1,096	1,289	1,234	1,055	1,002	593.57
Net Cash (Debt)	-238.06	104.37	328.28	365.71	489.02	1,244
Net Cash Growth	-	-68.21%	-10.23%	-25.22%	-60.69%	-19.17%
Net Cash Per Share	-0.15	0.07	0.21	0.23	0.28	0.78
Filing Date Shares Outstanding	1,322	-	1,587	1,619	1,619	1,619
Total Common Shares Outstanding	1,322	-	1,587	1,619	1,619	1,619
Working Capital	407.3	616.84	662.46	818.91	1,275	1,704
Book Value Per Share	3.74	-	3.24	3.46	3.77	3.78
Tangible Book Value	4,046	4,141	4,224	4,482	4,841	4,867
Tangible Book Value Per Share	3.06	-	2.66	2.77	2.99	3.01
Buildings	-	-	1,692	1,699	1,514	1,304
Machinery	-	-	3,168	3,146	3,025	2,610
Construction In Progress	-	-	564.58	372.91	449.12	670.81

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