SHE:002173 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	314.69	327.58	137.98	563.08	658.48	225.71
Trading Asset Securities	90.32	84.01	287.8	20.08	-	574.04
Cash & Short-Term Investments	405.01	411.59	425.78	583.16	658.48	799.75
Cash Growth	-12.37%	-3.33%	-26.99%	-11.44%	-17.66%	-14.90%
Accounts Receivable	75.53	89.7	124.18	102.84	51.56	83.36
Other Receivables	2.23	1.06	2.23	2.65	5.72	7.15
Receivables	77.76	90.76	126.41	105.49	57.28	90.51
Inventory	31.59	36.31	42.01	41.81	49.25	43.04
Other Current Assets	4.98	5.65	4.65	2.6	6.63	6.72
Total Current Assets	519.34	544.32	598.85	733.06	771.65	940.02
Property, Plant & Equipment	1,239	1,255	1,273	1,350	1,376	1,385
Long-Term Investments	41.01	42.2	143.58	15.22	17.86	19.76
Goodwill	36.88	36.88	0.99	0.99	0.99	0.99
Other Intangible Assets	146.32	148.27	127.41	129.56	121.78	125.16
Long-Term Deferred Tax Assets	17.22	17.4	24.79	17.01	14.38	13.8
Long-Term Deferred Charges	28.35	30.13	31.84	34.05	35.78	52.56
Other Long-Term Assets	106.87	105.39	3.08	1.78	1.64	7.15
Total Assets	2,135	2,179	2,204	2,281	2,340	2,544
Accounts Payable	155.9	166.64	150.45	157.66	150.25	183.37
Accrued Expenses	32.82	46.17	54	51.67	50.96	58.98
Short-Term Debt	48.25	43.25	41.06	30.17	23.11	3
Current Portion of Long-Term Debt	13.69	14	-	-	-	9.02
Current Portion of Leases	-	-	11.98	18.05	13.75	17.86
Current Income Taxes Payable	2.9	7.91	0.87	0.1	0.88	1.76
Current Unearned Revenue	2.89	3.39	3.74	3.57	5.36	51.99
Other Current Liabilities	24.34	14.86	59.1	64.21	78.05	19.98
Total Current Liabilities	280.79	296.22	321.21	325.43	322.36	345.97
Long-Term Debt	8	8	8	-	-	-
Long-Term Leases	15.6	17.04	15.14	20.33	23.29	38.12
Long-Term Unearned Revenue	3.84	3.85	3.55	4.17	4.79	5.2
Long-Term Deferred Tax Liabilities	46.99	47.32	44.02	44.49	45.01	45.57
Other Long-Term Liabilities	41.78	42.27	34.93	15.98	39.17	130.42
Total Liabilities	397.01	414.7	426.85	410.39	434.63	565.27
Common Stock	441.28	441.28	441.28	449.04	453.08	453.61
Additional Paid-In Capital	2,717	2,717	2,708	2,749	2,744	2,744
Retained Earnings	-1,433	-1,408	-1,373	-1,279	-1,245	-1,171
Treasury Stock	-	-	-	-48.4	-48.4	-48.4
Total Common Equity	1,725	1,750	1,776	1,870	1,904	1,978
Minority Interest	13.32	14.53	0.9	0.93	0.94	1.11
Shareholders' Equity	1,738	1,764	1,777	1,871	1,905	1,979
Total Liabilities & Equity	2,135	2,179	2,204	2,281	2,340	2,544
Total Debt	85.55	82.29	76.18	68.54	60.15	68
Net Cash (Debt)	319.47	329.3	349.6	514.62	598.33	731.75
Net Cash Growth	-17.57%	-5.81%	-32.06%	-13.99%	-18.23%	-21.38%
Net Cash Per Share	0.75	0.76	0.78	1.20	1.34	1.63
Filing Date Shares Outstanding	419.16	325.39	441.28	441.28	445.32	445.85
Total Common Shares Outstanding	419.16	325.39	441.28	441.28	445.32	445.85
Working Capital	238.55	248.1	277.64	407.63	449.28	594.05
Book Value Per Share	4.11	5.38	4.03	4.24	4.28	4.44
Tangible Book Value	1,542	1,565	1,648	1,740	1,781	1,852
Tangible Book Value Per Share	3.68	4.81	3.73	3.94	4.00	4.15
Buildings	-	-	1,255	1,257	1,112	1,109
Machinery	-	-	688.35	749.16	795.26	828.42
Construction In Progress	-	-	9.45	5.95	112.56	47.31

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