SHE:002181 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	161.15	189.4	210.46	688.55	807.06	631.59
Short-Term Investments	602.91	598.23	610.92	162.92	561.86	702.01
Trading Asset Securities	1.76	-	-	-	-	546.37
Cash & Short-Term Investments	765.82	787.63	821.38	851.48	1,369	1,880
Cash Growth	-4.77%	-4.11%	-3.54%	-37.80%	-27.18%	41.14%
Accounts Receivable	142.25	135.08	134.81	111.51	97	107.07
Other Receivables	21.44	18.58	20.09	22.43	13.78	27.16
Receivables	163.69	153.66	154.89	133.93	110.78	134.22
Inventory	53.04	54.6	57.84	54.62	58.6	51.4
Prepaid Expenses	-	0.01	0.02	0.01	0.08	1.18
Other Current Assets	32.68	29.76	44.52	37.15	41.44	38.03
Total Current Assets	1,015	1,026	1,079	1,077	1,580	2,105
Property, Plant & Equipment	564.74	571.37	609.25	628.63	779.14	748.86
Long-Term Investments	1,313	2,361	2,227	2,329	2,000	1,459
Other Intangible Assets	433.69	436.69	452.43	465.51	644.77	665.4
Long-Term Deferred Tax Assets	5.66	6.4	8.06	14.55	0.31	1.23
Long-Term Deferred Charges	60.03	61.97	68.5	60.62	52.73	57.01
Other Long-Term Assets	1,738	693.99	705.72	717.09	280.81	272.47
Total Assets	5,131	5,157	5,150	5,292	5,337	5,309
Accounts Payable	89.95	113.28	100.77	88.22	75.56	54.51
Accrued Expenses	90.14	118.88	104.29	109.58	123.92	162.08
Current Portion of Long-Term Debt	330.43	319.44	0.46	-	-	-
Current Portion of Leases	-	11.06	10.92	9.65	8.51	9.24
Current Income Taxes Payable	6.03	0.23	0.12	0.03	0.49	1.13
Current Unearned Revenue	79.93	76.12	85.46	82	77.43	96.24
Other Current Liabilities	118.01	114.56	177.52	181.36	135.08	108.76
Total Current Liabilities	714.49	753.56	479.55	470.84	421	431.96
Long-Term Debt	15.6	17.1	320.7	444.44	528.79	462.42
Long-Term Leases	79.57	82.29	95.28	96.33	100.57	108.88
Long-Term Unearned Revenue	2.98	3.08	0.51	0.85	5.05	5.65
Long-Term Deferred Tax Liabilities	11.76	12.31	0.45	1.11	-	0.35
Other Long-Term Liabilities	-	-	3.17	21	8.98	5.56
Total Liabilities	824.39	868.34	899.66	1,035	1,064	1,015
Common Stock	1,161	1,161	1,161	1,161	1,161	1,161
Additional Paid-In Capital	1,347	1,347	1,347	1,347	1,339	1,340
Retained Earnings	1,743	1,725	1,712	1,745	1,768	1,786
Comprehensive Income & Other	1.42	1.42	1.42	1.71	1.26	3.8
Total Common Equity	4,252	4,235	4,222	4,255	4,270	4,291
Minority Interest	54.06	53.8	28.2	3.24	3.3	3.23
Shareholders' Equity	4,306	4,289	4,250	4,258	4,273	4,294
Total Liabilities & Equity	5,131	5,157	5,150	5,292	5,337	5,309
Total Debt	425.6	429.89	427.36	550.42	637.87	580.54
Net Cash (Debt)	340.22	357.74	394.02	301.05	731.05	1,299
Net Cash Growth	-10.26%	-9.21%	30.88%	-58.82%	-43.74%	19.19%
Net Cash Per Share	0.29	0.31	0.34	0.26	0.63	1.12
Filing Date Shares Outstanding	1,161	1,161	1,161	1,161	1,161	1,161
Total Common Shares Outstanding	1,161	1,161	1,161	1,161	1,161	1,161
Working Capital	300.74	272.1	599.11	606.35	1,159	1,673
Book Value Per Share	3.66	3.65	3.64	3.66	3.68	3.70
Tangible Book Value	3,819	3,798	3,769	3,789	3,625	3,626
Tangible Book Value Per Share	3.29	3.27	3.25	3.26	3.12	3.12
Buildings	-	683.53	683.52	682.03	154.74	159.51
Machinery	-	515.22	696	704.2	805.94	1,283
Construction In Progress	-	1.74	-	0.24	607.08	539.47