SHE:002209 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	1,023	966.1	555.73	429.43	197.31	227.06
Cash & Short-Term Investments	1,023	966.1	555.73	429.43	197.31	227.06
Cash Growth	56.84%	73.84%	29.41%	117.65%	-13.10%	24.82%
Accounts Receivable	535.37	556.67	466.99	414.3	390.88	322.81
Other Receivables	17.39	29.48	22.73	16.18	13.46	9.45
Receivables	552.76	586.15	489.72	430.48	404.34	332.26
Inventory	1,443	1,167	1,009	651.12	600.91	633.58
Other Current Assets	67.37	69.92	27.78	45.48	16.69	23.45
Total Current Assets	3,086	2,789	2,082	1,557	1,219	1,216
Property, Plant & Equipment	549.82	538.14	366.89	385.7	391.22	411.19
Long-Term Investments	17.13	14.9	9.98	8.16	8.07	-
Goodwill	0.81	0.81	0.81	0.81	0.81	-
Other Intangible Assets	27.52	23.29	24.93	25.64	27.42	30.35
Long-Term Accounts Receivable	-	-	8.8	3.25	3.98	-
Long-Term Deferred Tax Assets	44.17	44.4	42.97	62.06	61.13	55.43
Long-Term Deferred Charges	23.6	20.02	5.7	6.15	7.62	15.51
Other Long-Term Assets	17.59	22.45	9.87	2.87	4.18	6.08
Total Assets	3,767	3,453	2,552	2,051	1,724	1,735
Accounts Payable	1,093	1,043	863.67	593.57	458.24	475.68
Accrued Expenses	31.09	76.09	67.25	51.35	49.57	35.36
Short-Term Debt	130.09	69.04	20.02	210.27	261.82	168.47
Current Portion of Long-Term Debt	62.7	58.89	24.3	0.02	-	52.96
Current Portion of Leases	-	-	9.73	17.89	20.1	21.39
Current Income Taxes Payable	4.91	9.53	0.07	0.01	0.77	0.82
Current Unearned Revenue	1,277	1,058	641.65	399.93	231.83	272.33
Other Current Liabilities	105.47	122.3	84.95	62.87	35.73	51.27
Total Current Liabilities	2,704	2,436	1,712	1,336	1,058	1,078
Long-Term Debt	142.58	114.87	57.25	0.97	-	-
Long-Term Leases	42.63	44.69	54.17	57.89	52.79	55.97
Long-Term Unearned Revenue	17.96	17.39	11.33	15.27	19.4	24.26
Long-Term Deferred Tax Liabilities	0.23	0.24	0.1	0.16	0.23	0.05
Total Liabilities	2,907	2,613	1,834	1,410	1,130	1,159
Common Stock	199.03	199.03	199.03	199.03	195.24	195.24
Additional Paid-In Capital	254.88	254.35	249.7	242.98	223.24	223.24
Retained Earnings	412.41	394.25	282.87	217.85	173.81	151.78
Treasury Stock	-7.28	-7.28	-12.74	-18.2	-	-
Comprehensive Income & Other	0.25	-0.38	-1.22	-0.72	-0.91	-0.9
Total Common Equity	859.29	839.97	717.63	640.94	591.38	569.36
Minority Interest	-	-	-	-	1.82	7
Shareholders' Equity	859.29	839.97	717.63	640.94	593.2	576.36
Total Liabilities & Equity	3,767	3,453	2,552	2,051	1,724	1,735
Total Debt	377.99	287.5	165.47	287.03	334.71	298.79
Net Cash (Debt)	645.23	678.61	390.26	142.4	-137.41	-71.72
Net Cash Growth	46.03%	73.89%	174.06%	-	-	-
Net Cash Per Share	3.27	3.43	1.97	0.72	-0.70	-0.37
Filing Date Shares Outstanding	198.33	193.49	199.03	191.98	195.24	195.24
Total Common Shares Outstanding	198.33	193.49	199.03	191.98	195.24	195.24
Working Capital	382.05	353.15	370.53	220.59	161.19	138.07
Book Value Per Share	4.33	4.34	3.61	3.34	3.03	2.92
Tangible Book Value	830.96	815.87	691.88	614.49	563.15	539
Tangible Book Value Per Share	4.19	4.22	3.48	3.20	2.88	2.76
Buildings	-	-	323.18	363.76	361.62	355.97
Machinery	-	-	308.78	351.26	337.96	337.99
Construction In Progress	-	-	27.35	4.07	3.47	3.53

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