SHE:002194 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,465	1,532	1,426	1,516	1,548	1,436
Cash & Short-Term Investments	1,465	1,532	1,426	1,516	1,548	1,436
Cash Growth	6.42%	7.46%	-5.95%	-2.04%	7.75%	18.89%
Accounts Receivable	386.45	377.94	434.33	342.83	510.04	486.64
Other Receivables	0.47	0.43	1.47	1.45	1.02	1.26
Receivables	386.93	378.37	435.79	344.28	511.07	487.89
Inventory	378.14	337.62	355.73	274	400.14	338.76
Other Current Assets	42.09	38.94	56.23	40	52.85	54.35
Total Current Assets	2,272	2,287	2,274	2,174	2,512	2,317
Property, Plant & Equipment	327.42	349.33	427.04	444.7	432.46	331.56
Long-Term Investments	173.47	178.71	216.49	283.65	320.65	218.62
Other Intangible Assets	69.96	71.05	73.79	77.07	79.58	82.61
Long-Term Deferred Tax Assets	44.93	44.82	52.2	52.85	54.51	7.39
Long-Term Deferred Charges	4.51	5.97	16.08	21.63	26.38	14.41
Other Long-Term Assets	17	9.23	15.61	24.38	25.37	15.58
Total Assets	2,909	2,946	3,075	3,079	3,451	2,988
Accounts Payable	294.52	308.72	348.52	276.75	492.27	448.08
Accrued Expenses	39.14	53.39	71.05	61.3	96.81	109.79
Current Portion of Long-Term Debt	2.83	3.35	-	-	-	-
Current Portion of Leases	-	-	3.3	3.8	2.71	1.11
Current Income Taxes Payable	3.47	9.52	0.09	2.04	0.22	-
Current Unearned Revenue	5.33	6.78	7.5	6.13	4.11	3.94
Other Current Liabilities	17.26	14.31	19.24	13.69	24.09	31.82
Total Current Liabilities	362.56	396.08	449.71	363.71	620.21	594.75
Long-Term Leases	2.78	3.79	5.32	9.71	10.47	0.09
Long-Term Unearned Revenue	13.48	12.86	18.52	23.12	14.88	12.19
Long-Term Deferred Tax Liabilities	30.91	31.2	42.43	59.26	61.52	33.15
Other Long-Term Liabilities	22.16	20.21	26.44	32.08	35.67	32.25
Total Liabilities	431.89	464.14	542.41	487.88	742.75	672.43
Common Stock	683.29	683.29	683.29	683.29	683.44	681.08
Additional Paid-In Capital	794.32	794.32	794.25	794.4	792.81	772.46
Retained Earnings	856.94	858.41	911.02	939.86	1,061	814.04
Treasury Stock	-	-	-	-	-9.24	-19.13
Comprehensive Income & Other	142.57	146.08	143.9	173.25	180.18	66.66
Shareholders' Equity	2,477	2,482	2,532	2,591	2,708	2,315
Total Liabilities & Equity	2,909	2,946	3,075	3,079	3,451	2,988
Total Debt	5.6	7.14	8.62	13.51	13.18	1.21
Net Cash (Debt)	1,459	1,525	1,417	1,503	1,534	1,435
Net Cash Growth	6.61%	7.61%	-5.68%	-2.08%	6.92%	18.79%
Net Cash Per Share	2.13	2.24	2.07	2.20	2.26	2.12
Filing Date Shares Outstanding	698.95	677.53	683.29	683.29	683.44	674.76
Total Common Shares Outstanding	698.95	677.53	683.29	683.29	683.44	674.76
Working Capital	1,909	1,891	1,824	1,811	1,891	1,723
Book Value Per Share	3.54	3.66	3.71	3.79	3.96	3.43
Tangible Book Value	2,407	2,411	2,459	2,514	2,628	2,232
Tangible Book Value Per Share	3.44	3.56	3.60	3.68	3.85	3.31
Buildings	-	-	462.19	451.55	415.92	409.94
Machinery	-	-	968.23	987.42	985.22	905.55
Construction In Progress	-	-	52.39	8.21	12.57	2.63

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