SHE:002107 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	373.43	394.41	344.77	401.1	278.29	326.84
Cash & Short-Term Investments	373.43	394.41	344.77	401.1	278.29	326.84
Cash Growth	-7.57%	14.40%	-14.04%	44.13%	-14.86%	-33.89%
Accounts Receivable	59.29	70.64	71	99.21	146.8	115.59
Other Receivables	2.88	5.42	16.65	19.96	21.23	8.72
Receivables	62.17	76.06	87.65	119.17	168.04	124.31
Inventory	95.93	93.46	107.13	149.09	146.03	165.91
Other Current Assets	7.95	2.84	3.56	3.65	6.84	3.5
Total Current Assets	539.48	566.77	543.12	673	599.21	620.57
Property, Plant & Equipment	319.45	326.45	355.46	382.98	409.78	447.75
Goodwill	32.51	32.51	32.51	32.51	32.51	32.51
Other Intangible Assets	34.05	34.34	35.56	36.84	36.03	54.8
Long-Term Deferred Tax Assets	0.35	0.36	1.03	0.73	1.19	2.76
Other Long-Term Assets	16.8	16.95	18.05	18.65	21.28	2.71
Total Assets	942.64	977.37	985.73	1,145	1,100	1,161
Accounts Payable	43.27	38.75	41.97	54.47	45.28	26.85
Accrued Expenses	5.84	149.07	153.92	170.75	174.06	117.43
Short-Term Debt	-	-	-	-	0.28	-
Current Portion of Long-Term Debt	1.06	-	-	-	-	-
Current Portion of Leases	-	0.92	1.02	0.4	0.73	-
Current Income Taxes Payable	17.68	5.51	3.19	3.13	7.43	7.9
Current Unearned Revenue	3.41	5.44	6.85	5.6	12.43	5.55
Other Current Liabilities	185.03	41.04	35.34	53.64	43.24	46.01
Total Current Liabilities	256.28	240.73	242.29	287.99	283.44	203.74
Long-Term Leases	-	0.23	1.15	-	0.4	-
Long-Term Unearned Revenue	11.03	11.74	14.97	17.93	20.73	23.77
Long-Term Deferred Tax Liabilities	3.69	3.7	4.18	4.59	4.34	3.74
Other Long-Term Liabilities	0.08	0.06	0.21	0.72	1.29	0.58
Total Liabilities	271.09	256.47	262.8	311.23	310.2	231.83
Common Stock	577.21	577.21	577.21	577.21	577.21	577.21
Additional Paid-In Capital	-	-	-	-	-	2.35
Retained Earnings	98.98	146.61	120.16	228.06	169.29	241.16
Total Common Equity	676.19	723.82	697.37	805.27	746.5	820.72
Minority Interest	-4.64	-2.92	25.57	28.21	43.29	108.55
Shareholders' Equity	671.55	720.9	722.93	833.48	789.79	929.26
Total Liabilities & Equity	942.64	977.37	985.73	1,145	1,100	1,161
Total Debt	1.06	1.15	2.18	0.4	1.41	-
Net Cash (Debt)	372.37	393.25	342.6	400.7	276.88	326.84
Net Cash Growth	-7.39%	14.79%	-14.50%	44.72%	-15.29%	6.96%
Net Cash Per Share	0.65	0.70	0.56	0.68	0.49	0.56
Filing Date Shares Outstanding	610.81	577.21	577.21	577.21	577.21	577.21
Total Common Shares Outstanding	610.81	577.21	577.21	577.21	577.21	577.21
Working Capital	283.2	326.04	300.83	385.01	315.76	416.82
Book Value Per Share	1.11	1.25	1.21	1.40	1.29	1.42
Tangible Book Value	609.64	656.97	629.3	735.92	677.96	733.41
Tangible Book Value Per Share	1.00	1.14	1.09	1.27	1.17	1.27
Buildings	-	411.09	411.09	411.09	410.52	435.5
Machinery	-	219.04	222.35	223.41	219.51	226.5
Construction In Progress	-	-	-	-	1.58	-

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