SHE:002166 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	406.8	183.94	165.06	130.45	551.74	97.41
Trading Asset Securities	7.27	11.43	22.96	60.57	-	-
Cash & Short-Term Investments	414.06	195.37	188.02	191.03	551.74	97.41
Cash Growth	22.69%	3.91%	-1.57%	-65.38%	466.40%	-54.41%
Accounts Receivable	1,038	1,345	1,130	1,190	977.18	876.72
Other Receivables	10.98	10.6	18.16	6.62	19.26	16
Receivables	1,049	1,356	1,149	1,197	996.44	892.71
Inventory	1,197	1,317	1,204	971.3	925.37	680.71
Prepaid Expenses	-	4.4	2.16	2.44	-	-
Other Current Assets	108.04	118.61	89.6	74.15	174.57	105.56
Total Current Assets	2,768	2,991	2,633	2,436	2,648	1,776
Property, Plant & Equipment	1,521	1,556	1,544	1,305	1,066	968.59
Long-Term Investments	641.8	638.3	623.61	587.86	557.11	336.79
Goodwill	29.31	29.31	29.31	29.31	28.44	28.44
Other Intangible Assets	128.41	129.72	134.73	129.36	121.4	113.84
Long-Term Deferred Tax Assets	28.35	26.71	31.18	28.36	19.66	20.15
Long-Term Deferred Charges	3.7	3.01	5.96	10.58	1.67	1
Other Long-Term Assets	6.14	8.12	16.93	99.15	13.46	13.8
Total Assets	5,126	5,382	5,019	4,626	4,455	3,259
Accounts Payable	458.11	697.92	605.71	448.59	377.16	447.02
Accrued Expenses	9.54	60.95	41.2	26.78	29.52	26.22
Short-Term Debt	864.49	765.09	423.94	388.1	433.81	668.81
Current Portion of Long-Term Debt	129.86	195.53	327.62	220.28	59.58	-
Current Portion of Leases	-	75.75	71.16	29.36	35.51	0.66
Current Income Taxes Payable	23.23	46.47	40.01	35.67	42.29	22.72
Current Unearned Revenue	17.96	5.26	7.96	2.2	2.22	4.27
Other Current Liabilities	64.85	26.56	27.17	47.74	73.67	29.51
Total Current Liabilities	1,568	1,874	1,545	1,199	1,054	1,199
Long-Term Debt	102	72	90	60	93.08	-
Long-Term Leases	3.04	66.24	41.07	18.3	45.4	1.82
Long-Term Unearned Revenue	79.24	79.25	91.04	96.92	108.95	120.86
Long-Term Deferred Tax Liabilities	51.43	51.03	50.94	47.17	41.04	36.33
Other Long-Term Liabilities	50.57	-	-	-	-	-
Total Liabilities	1,854	2,142	1,818	1,421	1,342	1,358
Common Stock	741.61	741.61	741.61	741.99	742.08	565.21
Additional Paid-In Capital	1,478	1,478	1,482	1,477	1,458	604.1
Retained Earnings	1,045	1,002	931.59	915.26	906.95	728.21
Treasury Stock	-105	-105	-77.96	-38.21	-64.51	-
Comprehensive Income & Other	29.42	39.96	46.87	35.97	21.81	-28.88
Total Common Equity	3,188	3,156	3,124	3,132	3,065	1,869
Minority Interest	83.78	83.66	76.96	72.8	48.5	32.14
Shareholders' Equity	3,272	3,240	3,201	3,204	3,113	1,901
Total Liabilities & Equity	5,126	5,382	5,019	4,626	4,455	3,259
Total Debt	1,099	1,175	953.78	716.03	667.38	671.29
Net Cash (Debt)	-685.33	-979.25	-765.76	-525.01	-115.64	-573.88
Net Cash Per Share	-0.93	-1.33	-1.05	-0.70	-0.19	-1.02
Filing Date Shares Outstanding	742	741.61	741.62	741.99	742.08	565.21
Total Common Shares Outstanding	742	741.61	741.62	741.99	742.08	565.21
Working Capital	1,200	1,118	1,088	1,237	1,594	577.19
Book Value Per Share	4.30	4.26	4.21	4.22	4.13	3.31
Tangible Book Value	3,031	2,997	2,960	2,973	2,915	1,726
Tangible Book Value Per Share	4.08	4.04	3.99	4.01	3.93	3.05
Buildings	-	987.88	850.01	678.12	668.92	414.41
Machinery	-	1,030	994.61	660.85	628.56	371.33
Construction In Progress	-	43.52	102	277.38	2.04	352.97

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