SHE:002122 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	519.48	471.93	480.75	534.3	342.58	241.99
Short-Term Investments	-	-	-	15	-	69.55
Trading Asset Securities	187.73	286.7	71.11	96.61	417.62	72.19
Cash & Short-Term Investments	707.21	758.63	551.86	645.9	760.19	383.73
Cash Growth	3.99%	37.47%	-14.56%	-15.03%	98.10%	1.11%
Accounts Receivable	329.05	310.73	281.58	290.49	202.75	247.21
Other Receivables	48.44	50.89	22.08	48.69	103.67	261.98
Receivables	377.5	361.62	303.66	339.18	306.42	509.19
Inventory	740.08	755.16	755.2	802.65	660.25	523.99
Other Current Assets	72.52	74.87	55.45	54.46	48.49	47.96
Total Current Assets	1,897	1,950	1,666	1,842	1,775	1,465
Property, Plant & Equipment	417.99	373.96	312.06	315.33	319.63	325.89
Long-Term Investments	1,048	1,050	1,120	1,380	1,217	1,431
Goodwill	72.62	72.62	12.27	3.08	-	648.24
Other Intangible Assets	177.21	180.86	164.28	132.96	152.9	229.76
Long-Term Deferred Tax Assets	40.5	38.92	23.71	25.3	23.87	4.48
Long-Term Deferred Charges	8.79	4.27	10.18	18.5	14.67	7.17
Other Long-Term Assets	60.67	60.03	19.23	16.03	16.61	18.44
Total Assets	3,723	3,731	3,327	3,734	3,520	4,130
Accounts Payable	351.14	340.98	339.65	369.84	283.56	210.92
Accrued Expenses	21.12	30.74	49.38	53.9	79.4	75.44
Short-Term Debt	121.59	196.08	140.15	108.95	191.45	319.87
Current Portion of Long-Term Debt	21.79	14.5	-	-	-	89.25
Current Portion of Leases	-	9.12	10.33	4.31	2.92	-
Current Income Taxes Payable	9.42	5.31	5.33	5.25	12.61	20.62
Current Unearned Revenue	511.69	537.8	527.16	541.33	546.36	430.08
Other Current Liabilities	224.31	188.41	139.02	175.13	61.76	1,854
Total Current Liabilities	1,261	1,323	1,211	1,259	1,178	3,000
Long-Term Leases	75.64	36.14	9.35	3.14	5.14	-
Long-Term Unearned Revenue	19.55	19.19	11.4	15.1	17.21	45.56
Long-Term Deferred Tax Liabilities	5.4	5.58	4.34	0.31	0.37	0.42
Other Long-Term Liabilities	9.82	9.82	10.87	16.22	17.06	145.08
Total Liabilities	1,371	1,394	1,247	1,293	1,218	3,191
Common Stock	2,002	2,002	2,002	2,000	1,987	1,210
Additional Paid-In Capital	1,189	1,187	1,094	1,086	1,043	373.58
Retained Earnings	-623.76	-637.41	-683.32	-311.91	-430.21	-515.32
Treasury Stock	-11.05	-11.05	-134.5	-122.59	-125.84	-12.7
Comprehensive Income & Other	-372.82	-373.56	-373.56	-373.56	-366.77	-320.88
Total Common Equity	2,182	2,167	1,904	2,277	2,108	735.15
Minority Interest	169.46	170.76	176.13	162.9	194.4	204.19
Shareholders' Equity	2,352	2,338	2,080	2,440	2,302	939.35
Total Liabilities & Equity	3,723	3,731	3,327	3,734	3,520	4,130
Total Debt	219.02	255.83	159.83	116.41	199.52	409.12
Net Cash (Debt)	488.19	502.8	392.03	529.5	560.67	-25.38
Net Cash Growth	-21.47%	28.26%	-25.96%	-5.56%	-	-
Net Cash Per Share	0.24	0.25	0.20	0.27	0.28	-0.02
Filing Date Shares Outstanding	2,006	2,002	2,002	2,000	4,270	1,210
Total Common Shares Outstanding	2,006	2,002	2,002	2,000	4,270	1,210
Working Capital	636.25	627.35	455.15	583.49	597.28	-1,535
Book Value Per Share	1.09	1.08	0.95	1.14	0.49	0.61
Tangible Book Value	1,933	1,913	1,728	2,141	1,955	-142.85
Tangible Book Value Per Share	0.96	0.96	0.86	1.07	0.46	-0.12
Buildings	-	317.87	314.95	312.05	306.97	304.49
Machinery	-	557.77	554.93	551.74	537.94	526.3
Construction In Progress	-	33.38	2.73	1.94	5.6	10.88

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