SHE:002136 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	244.55	367.62	455.64	570.74	505.92	224.54
Cash & Short-Term Investments	244.55	367.62	455.64	570.74	505.92	224.54
Cash Growth	-36.58%	-19.32%	-20.17%	12.81%	125.31%	68.05%
Accounts Receivable	502.03	403.09	467.28	342.19	419.22	391.3
Other Receivables	1.7	1.82	1.62	0.55	1.23	0.57
Receivables	503.73	404.91	468.9	342.74	420.44	391.86
Inventory	215.09	195.27	237.87	166.13	174.09	166.19
Other Current Assets	55.19	33.02	40.7	42.39	38.5	9.71
Total Current Assets	1,019	1,001	1,203	1,122	1,139	792.3
Property, Plant & Equipment	1,055	964.11	834.67	837.68	717.25	538.56
Other Intangible Assets	33.06	33.41	34.65	35.99	35.6	36.7
Long-Term Deferred Tax Assets	16.58	17.36	18.84	13.95	6.55	8.57
Other Long-Term Assets	31.21	47.44	5.73	1.49	13.47	1.34
Total Assets	2,155	2,063	2,097	2,011	1,912	1,377
Accounts Payable	738.97	678.24	554.73	476.12	370.26	245.23
Accrued Expenses	16.79	26.3	27.25	29.74	62.19	31.99
Short-Term Debt	15.72	15.25	81.6	50.01	20.02	27.53
Current Portion of Long-Term Debt	4.65	2.26	-	-	-	-
Current Portion of Leases	-	0.44	1.12	0.71	0.7	0.69
Current Income Taxes Payable	1.61	-	0.01	0.39	7.87	1.69
Current Unearned Revenue	33.36	26.29	26.3	24.25	51.39	60.94
Other Current Liabilities	12.79	9.94	9.57	8.56	14.66	11.65
Total Current Liabilities	823.89	758.73	700.59	589.78	527.09	379.72
Long-Term Debt	65.8	45.34	-	-	-	-
Long-Term Leases	-	-	0.62	0.82	0.38	0.34
Long-Term Unearned Revenue	12.36	12.3	8.95	9.09	8.37	7.67
Long-Term Deferred Tax Liabilities	-	-	-	-	0.14	0.44
Other Long-Term Liabilities	-	-	12.28	-	-	-
Total Liabilities	902.05	816.36	722.44	599.7	535.99	388.16
Common Stock	215.02	215.02	215.02	215.02	215.02	215.02
Additional Paid-In Capital	354.07	354.07	354.07	352.56	350.84	347.84
Retained Earnings	518.18	510.77	603.35	613.6	592.1	356.14
Comprehensive Income & Other	1.82	1.6	1.09	1.01	-	-
Total Common Equity	1,089	1,081	1,174	1,182	1,158	919
Minority Interest	163.67	165.33	201.02	229.23	217.88	70.31
Shareholders' Equity	1,253	1,247	1,375	1,411	1,376	989.31
Total Liabilities & Equity	2,155	2,063	2,097	2,011	1,912	1,377
Total Debt	86.17	63.29	83.34	51.54	21.11	28.57
Net Cash (Debt)	158.38	304.33	372.3	519.2	484.81	195.97
Net Cash Growth	-49.47%	-18.26%	-28.29%	7.09%	147.39%	63.11%
Net Cash Per Share	0.74	1.42	1.73	2.41	2.25	0.91
Filing Date Shares Outstanding	214.86	215.02	215.02	215.02	215.02	215.02
Total Common Shares Outstanding	214.86	215.02	215.02	215.02	215.02	215.02
Working Capital	194.66	242.09	502.52	532.22	611.86	412.58
Book Value Per Share	5.07	5.03	5.46	5.50	5.39	4.27
Tangible Book Value	1,056	1,048	1,139	1,146	1,122	882.3
Tangible Book Value Per Share	4.91	4.87	5.30	5.33	5.22	4.10
Buildings	-	469.77	467.17	465.84	407.93	377.43
Machinery	-	932.5	940.73	892.46	708.82	578.88
Construction In Progress	-	173.11	15.35	5.07	66.73	25.15

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.