SHE:002190 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	79.84	173.6	132.91	181.02	152.9	186.02
Trading Asset Securities	-	-	-	-	-	0.61
Cash & Short-Term Investments	79.84	173.6	132.91	181.02	152.9	186.63
Cash Growth	-48.32%	30.61%	-26.58%	18.40%	-18.07%	10.08%
Accounts Receivable	1,308	1,135	1,246	1,094	826.67	711.45
Other Receivables	5.69	38.36	33.77	7.52	6.07	9.4
Receivables	1,313	1,173	1,279	1,102	832.74	720.85
Inventory	474.4	452.66	477.23	447.48	400.4	373.02
Other Current Assets	84.92	105.51	87.23	135.22	90.14	93.8
Total Current Assets	1,952	1,905	1,977	1,865	1,476	1,374
Property, Plant & Equipment	889.45	915.49	814.63	751.92	667.45	557.86
Long-Term Investments	3,930	3,330	1,849	2,456	2,415	5,029
Other Intangible Assets	109.63	110.9	113.65	116.92	71.44	73.73
Long-Term Deferred Tax Assets	14.49	10.9	13.56	34.61	23.94	21.34
Long-Term Deferred Charges	14.76	170.92	135.34	112.19	95.91	46.21
Other Long-Term Assets	148.37	0.93	5.07	8.54	19.85	77.99
Total Assets	7,059	6,444	4,908	5,346	4,770	7,180
Accounts Payable	1,117	1,090	1,018	866.35	619.96	462.93
Accrued Expenses	5.27	11.47	30.92	7.14	9.24	9.9
Short-Term Debt	196.23	165.61	138.03	183.71	94.45	126.29
Current Portion of Long-Term Debt	168.77	163.84	86.03	30.15	64.25	3.91
Current Portion of Leases	-	13.21	21.45	18.34	7.59	1.39
Current Income Taxes Payable	2.35	-	5.52	-	4.24	7.05
Current Unearned Revenue	97.22	96.69	118.64	121.22	141.88	105.25
Other Current Liabilities	222.12	228.06	211.87	139.83	122.8	95.47
Total Current Liabilities	1,809	1,769	1,631	1,367	1,064	812.19
Long-Term Debt	180.88	184.1	245.85	259.74	65.44	182.28
Long-Term Leases	15.96	16.51	19.4	32.74	17.48	10.93
Long-Term Unearned Revenue	41.08	42.88	48.71	42.39	43.29	43.62
Long-Term Deferred Tax Liabilities	341.29	251.45	10.08	131.38	121.63	515.3
Total Liabilities	2,388	2,264	1,955	1,833	1,312	1,564
Common Stock	358.73	358.73	358.73	358.73	358.73	358.73
Additional Paid-In Capital	1,296	1,296	1,296	1,296	1,296	1,296
Retained Earnings	788.82	809.36	853.31	932.71	937.11	896.58
Comprehensive Income & Other	1,905	1,392	139	661.49	651.58	2,873
Total Common Equity	4,348	3,856	2,647	3,249	3,243	5,424
Minority Interest	322.6	324.78	306.5	264.27	214.63	191.39
Shareholders' Equity	4,671	4,180	2,953	3,513	3,458	5,616
Total Liabilities & Equity	7,059	6,444	4,908	5,346	4,770	7,180
Total Debt	561.84	543.27	510.75	524.68	249.22	324.8
Net Cash (Debt)	-481.99	-369.67	-377.84	-343.66	-96.32	-138.17
Net Cash Per Share	-1.36	-1.03	-1.05	-0.96	-0.27	-0.39
Filing Date Shares Outstanding	358.55	358.73	358.73	358.73	358.73	358.73
Total Common Shares Outstanding	358.55	358.73	358.73	358.73	358.73	358.73
Working Capital	143.29	136.15	346.29	498.74	411.75	562.11
Book Value Per Share	12.13	10.75	7.38	9.06	9.04	15.12
Tangible Book Value	4,238	3,745	2,533	3,132	3,172	5,351
Tangible Book Value Per Share	11.82	10.44	7.06	8.73	8.84	14.92
Buildings	-	304.25	248.14	238.97	238.97	237.62
Machinery	-	1,377	1,214	1,101	927.17	880.15
Construction In Progress	-	47.13	70.7	57.32	113.57	32.55

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