SHE:002211 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	209.03	178.18	188.75	157.84	179.68	207.91
Trading Asset Securities	-	-	13.3	7.8	-	-
Cash & Short-Term Investments	209.03	178.18	202.05	165.64	179.68	207.91
Cash Growth	16.08%	-11.81%	21.98%	-7.81%	-13.58%	44.61%
Accounts Receivable	65.19	79.06	69.2	22.82	30.52	47.43
Other Receivables	2.1	2.02	2.74	0.53	0.53	20.17
Receivables	67.29	81.08	71.95	23.35	31.05	67.59
Inventory	53.95	43.39	41.42	15.19	20.2	39.01
Other Current Assets	22.68	18.08	21.08	19.03	11.54	85.49
Total Current Assets	352.95	320.73	336.5	223.21	242.47	400
Property, Plant & Equipment	61.09	63.1	80.01	63.95	77.13	93.52
Other Intangible Assets	20.91	21.07	21.31	21.61	21.62	22.13
Long-Term Deferred Tax Assets	-	-	-	-	1.4	1.41
Long-Term Deferred Charges	0.51	0.49	0.35	0.65	0.91	0.06
Other Long-Term Assets	0.91	0.95	0.2	0.13	1.51	0.18
Total Assets	436.36	406.34	438.37	309.56	345.05	517.31
Accounts Payable	212.97	165.59	195.69	124.49	122.03	231.63
Accrued Expenses	4.32	5.2	6.99	2.63	2.96	5.56
Short-Term Debt	-	-	13.78	13.78	13.78	17.79
Current Portion of Long-Term Debt	5.89	6.4	-	-	-	-
Current Portion of Leases	-	-	5.85	1.2	1.3	1.58
Current Income Taxes Payable	2.09	1.72	1.02	1.02	1.02	2.49
Current Unearned Revenue	21.37	15.3	12.67	2.84	7.67	19.47
Other Current Liabilities	118.16	141.4	129.47	91.54	98.23	181.31
Total Current Liabilities	364.78	335.6	365.48	237.5	246.98	459.82
Long-Term Leases	14.21	15.28	22.01	1.56	2.65	2.04
Long-Term Unearned Revenue	-	-	1.17	1.46	1.78	2.41
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	9.09	9.09	25.49	5.78	1.02	-
Total Liabilities	388.09	359.98	414.15	246.3	252.42	464.28
Common Stock	432.48	432.48	432.48	432.48	432.48	432.48
Additional Paid-In Capital	1,064	1,064	1,027	1,027	1,027	1,027
Retained Earnings	-1,448	-1,450	-1,436	-1,397	-1,367	-1,407
Total Common Equity	48.27	46.36	24.22	63.26	92.63	53.03
Shareholders' Equity	48.27	46.36	24.22	63.26	92.63	53.03
Total Liabilities & Equity	436.36	406.34	438.37	309.56	345.05	517.31
Total Debt	20.1	21.68	41.65	16.54	17.73	21.41
Net Cash (Debt)	188.94	156.5	160.41	149.1	161.95	186.5
Net Cash Growth	24.07%	-2.43%	7.58%	-7.93%	-13.16%	-
Net Cash Per Share	0.44	0.36	0.37	0.36	0.37	0.43
Filing Date Shares Outstanding	435.82	429.33	432.48	432.48	432.48	432.48
Total Common Shares Outstanding	435.82	429.33	432.48	432.48	432.48	432.48
Working Capital	-11.83	-14.87	-28.97	-14.29	-4.51	-59.82
Book Value Per Share	0.11	0.11	0.06	0.15	0.21	0.12
Tangible Book Value	27.36	25.29	2.91	41.65	71	30.9
Tangible Book Value Per Share	0.06	0.06	0.01	0.10	0.16	0.07
Buildings	-	-	98.58	98.58	98.58	98.38
Machinery	-	-	76.89	78.94	85.34	94.46
Construction In Progress	-	-	4.63	5.08	4.68	4.63

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.