SHE:002213 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	114.77	115.95	312.69	269.59	440.36	123.39
Trading Asset Securities	-	-	-	-	-	6.69
Cash & Short-Term Investments	114.77	115.95	312.69	269.59	440.36	130.08
Cash Growth	-51.67%	-62.92%	15.99%	-38.78%	238.52%	10.84%
Accounts Receivable	30.5	34.44	53.15	57.33	54.05	179.98
Other Receivables	45.97	12.51	13.03	20.29	31.29	11.12
Receivables	76.47	46.95	66.18	77.62	85.34	191.1
Inventory	391.51	239.66	88.25	95	86.36	137.75
Other Current Assets	71.57	15.66	19.27	21.62	21.34	17.31
Total Current Assets	654.31	418.23	486.39	463.82	633.4	476.24
Property, Plant & Equipment	66.85	135.14	132.76	95.33	17.99	66.89
Long-Term Investments	5	5	5	5	6.07	6.44
Goodwill	50.73	50.73	50.73	63.93	76.33	76.33
Other Intangible Assets	39.35	39.79	41.55	43.51	10.09	11.97
Long-Term Deferred Tax Assets	2.4	1.52	6.95	5.76	6.73	2.56
Long-Term Deferred Charges	6.84	7.23	6.19	2.44	3.3	27.33
Other Long-Term Assets	121.91	49.35	50.8	50.72	51.69	55.06
Total Assets	947.4	706.99	780.37	730.5	805.61	722.81
Accounts Payable	30.97	39.51	53.69	31.07	12.83	147.33
Accrued Expenses	6.44	16.59	13.07	10.57	10.85	16.95
Short-Term Debt	295.79	35.6	32	16	54.85	24.8
Current Portion of Long-Term Debt	3.15	-	25	-	14.8	4.66
Current Portion of Leases	-	3.44	2.3	2.16	3.05	6.37
Current Income Taxes Payable	2.5	1.17	0.06	0.01	8.04	4.68
Current Unearned Revenue	2.01	21.44	45.74	5.72	0.29	1.5
Other Current Liabilities	15.42	20.71	31.19	43.47	4.21	74.53
Total Current Liabilities	356.28	138.46	203.04	109	108.93	280.81
Long-Term Debt	29.4	20	-	5	9.9	14.95
Long-Term Leases	6.67	2.26	4.38	0.25	2.46	30.08
Long-Term Unearned Revenue	0.3	0.15	0.15	0.04	0.13	11.42
Long-Term Deferred Tax Liabilities	3	1.59	2.37	1.53	2.65	3.31
Other Long-Term Liabilities	-	-	0.41	0.26	0.16	0.21
Total Liabilities	395.65	162.46	210.35	116.08	124.24	340.79
Common Stock	237.48	237.48	237.16	237.25	236	206
Additional Paid-In Capital	294.51	294.37	288.56	285.98	276.12	-
Retained Earnings	36.98	21.35	41.96	90.37	157	141.02
Treasury Stock	-3.48	-3.48	-6.67	-9.71	-	-
Comprehensive Income & Other	-13.73	-5.19	4.18	3.47	2.87	-0.27
Total Common Equity	551.76	544.53	565.19	607.36	671.99	346.74
Minority Interest	-	-	4.83	7.07	9.39	35.27
Shareholders' Equity	551.76	544.53	570.01	614.43	681.38	382.02
Total Liabilities & Equity	947.4	706.99	780.37	730.5	805.61	722.81
Total Debt	335.01	61.31	63.68	23.4	85.07	80.86
Net Cash (Debt)	-220.25	54.65	249.01	246.18	355.28	49.22
Net Cash Growth	-	-78.05%	1.15%	-30.71%	621.80%	-52.83%
Net Cash Per Share	-0.93	0.23	1.06	1.04	1.73	0.24
Filing Date Shares Outstanding	237.12	237.48	237.16	237.25	236	206
Total Common Shares Outstanding	237.12	237.48	237.16	237.25	236	206
Working Capital	298.03	279.77	283.35	354.82	524.46	195.43
Book Value Per Share	2.33	2.29	2.38	2.56	2.85	1.68
Tangible Book Value	461.67	454.01	472.91	499.91	585.57	258.44
Tangible Book Value Per Share	1.95	1.91	1.99	2.11	2.48	1.25
Buildings	-	11.58	11.58	11.58	11.58	11.58
Machinery	-	18.82	18.4	17.46	20.04	37.47
Construction In Progress	-	46.04	44.19	33.53	-	-

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