SHE:002170 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	1,057	721.35	917.06	539.73	656.38	261.84
Cash & Short-Term Investments	1,057	721.35	917.06	539.73	656.38	261.84
Cash Growth	-2.62%	-21.34%	69.91%	-17.77%	150.68%	-28.82%
Accounts Receivable	303.17	392.41	309.58	130.2	165.29	104.76
Other Receivables	14.68	14.34	32.86	25.41	87.27	21.01
Receivables	317.84	406.75	342.44	155.61	252.56	125.77
Inventory	737.56	717.78	645.89	572.66	425.75	486
Prepaid Expenses	-	2.38	2.46	1.81	-	2.88
Other Current Assets	419.7	216.39	190.97	314.55	249.33	143.42
Total Current Assets	2,532	2,065	2,099	1,584	1,584	1,020
Property, Plant & Equipment	2,401	2,452	2,662	2,476	1,860	1,159
Long-Term Investments	151.17	154.27	150.5	152.43	176.06	174.16
Goodwill	68.36	68.36	68.36	68.36	68.36	68.36
Other Intangible Assets	789.25	798.11	818.44	797.99	802.09	811.15
Long-Term Accounts Receivable	-	7.35	10.1	15.42	17.41	-
Long-Term Deferred Tax Assets	161.73	158.21	147.95	107.89	98.48	86.6
Long-Term Deferred Charges	43.84	45.68	50.06	48.04	45.73	52.79
Other Long-Term Assets	76.45	66.5	81.58	70.46	73.73	10.52
Total Assets	6,224	5,815	6,087	5,321	4,725	3,383
Accounts Payable	474.53	305.99	340.93	457.68	496.04	556.15
Accrued Expenses	31.74	135.8	94.94	89.81	60.22	54.27
Short-Term Debt	431.25	461.22	1,464	1,448	1,089	359.3
Current Portion of Long-Term Debt	434.34	280.71	129.73	173.4	41	50
Current Portion of Leases	-	55.64	69.39	36.81	0.33	3.86
Current Income Taxes Payable	177.14	122.26	76.99	62.69	10.94	6.75
Current Unearned Revenue	314.9	272.26	148.22	136.41	283.76	157.06
Other Current Liabilities	200.11	183.89	84.32	70.1	110.44	80.41
Total Current Liabilities	2,064	1,818	2,408	2,475	2,091	1,268
Long-Term Debt	-	144	327.99	133	239	-
Long-Term Leases	14.35	29.92	81.47	80.99	-	0.33
Long-Term Unearned Revenue	29.28	29.62	27.58	25.23	28.2	26.02
Long-Term Deferred Tax Liabilities	6.42	4.11	4.97	5.36	4.08	0.3
Other Long-Term Liabilities	46.87	18.07	17.45	166.81	166.13	15.42
Total Liabilities	2,161	2,043	2,868	2,886	2,529	1,310
Common Stock	970.35	969.54	961.54	889.55	889.86	886.86
Additional Paid-In Capital	996.5	987.5	942	507.5	505.34	493.08
Retained Earnings	2,076	1,802	1,316	1,040	794.05	681.69
Treasury Stock	-15.12	-15.12	-3.3	-5.95	-	-
Comprehensive Income & Other	21.41	13.78	-9.69	-4.27	-0.73	3.22
Total Common Equity	4,049	3,758	3,206	2,427	2,189	2,065
Minority Interest	13.62	13.42	13.31	8.11	8.24	7.82
Shareholders' Equity	4,063	3,772	3,220	2,435	2,197	2,073
Total Liabilities & Equity	6,224	5,815	6,087	5,321	4,725	3,383
Total Debt	879.94	971.49	2,072	1,872	1,369	413.49
Net Cash (Debt)	176.78	-250.13	-1,155	-1,332	-712.52	-151.65
Net Cash Per Share	0.18	-0.26	-1.29	-1.50	-0.80	-0.17
Filing Date Shares Outstanding	970	969.54	961.54	889.55	889.86	886.86
Total Common Shares Outstanding	970	969.54	961.54	889.55	889.86	886.86
Working Capital	467.82	246.88	-309.58	-890.21	-507.28	-247.9
Book Value Per Share	4.17	3.88	3.33	2.73	2.46	2.33
Tangible Book Value	3,191	2,892	2,319	1,561	1,318	1,185
Tangible Book Value Per Share	3.29	2.98	2.41	1.75	1.48	1.34
Buildings	-	2,137	1,541	1,309	1,094	1,097
Machinery	-	1,941	1,843	1,208	1,063	1,020
Construction In Progress	-	49.27	642.17	1,198	845.65	66.83

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