SHE:002232 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	697.55	826.46	789.41	865.27	524.5	652.91
Cash & Short-Term Investments	697.55	826.46	789.41	865.27	524.5	652.91
Cash Growth	-1.03%	4.69%	-8.77%	64.97%	-19.67%	-35.91%
Accounts Receivable	655.49	588.53	597.47	666.13	855.56	425.86
Other Receivables	8.51	9.9	103.06	64.08	27.08	34.95
Receivables	663.99	598.43	700.54	730.21	882.64	460.81
Inventory	120.09	99.3	70.39	168.44	240.21	523.76
Prepaid Expenses	-	0.03	0.34	-	-	-
Other Current Assets	46.49	77.95	9.46	32.23	85.34	41.54
Total Current Assets	1,528	1,602	1,570	1,796	1,733	1,679
Property, Plant & Equipment	109.14	114.05	142.14	168.83	187.23	205.45
Long-Term Investments	5.58	5.58	50.58	5.58	155.58	155.58
Other Intangible Assets	170.72	211.19	177.8	167.06	90.02	31.72
Long-Term Accounts Receivable	-	3.07	4.26	2.77	8.61	-
Long-Term Deferred Tax Assets	31.82	31.73	28.92	28.16	34.4	37.15
Long-Term Deferred Charges	43.47	-	-	-	0.06	-
Other Long-Term Assets	8.33	6.55	8.34	8.66	16.98	10.82
Total Assets	1,897	1,974	1,982	2,177	2,226	2,120
Accounts Payable	321.83	359.51	318.58	509.7	544.35	455.7
Accrued Expenses	22.01	70.3	81.14	38.93	52.16	22.12
Current Portion of Leases	-	0.35	1.13	1.31	1.18	0.61
Current Income Taxes Payable	4.73	2.49	0.79	0.77	0.65	0.69
Current Unearned Revenue	52.87	41.3	57.16	105.21	144.37	199.61
Other Current Liabilities	38.31	43.27	93.42	83.49	40.72	36.05
Total Current Liabilities	440.11	517.23	552.23	739.41	783.42	714.79
Long-Term Leases	0.2	0.2	0.78	1.32	2.52	1.18
Long-Term Unearned Revenue	36.58	36.82	31.33	34.98	42.3	57.6
Pension & Post-Retirement Benefits	-	3.9	4.73	4.24	4.76	4.79
Long-Term Deferred Tax Liabilities	0.13	-	3.25	4.59	3.08	1.35
Other Long-Term Liabilities	6.3	2.4	4.57	7.05	7.04	10.93
Total Liabilities	483.32	560.55	596.89	791.58	843.13	790.64
Common Stock	408.55	408.55	408.55	408.55	408.55	408.55
Additional Paid-In Capital	289.1	289.1	289.1	289.1	294.9	294.37
Retained Earnings	716.36	716.3	687.84	687.85	678.96	626.21
Comprehensive Income & Other	-0.15	-0.15	-0.22	0.11	0.04	-0.04
Total Common Equity	1,414	1,414	1,385	1,386	1,382	1,329
Shareholders' Equity	1,414	1,414	1,385	1,386	1,382	1,329
Total Liabilities & Equity	1,897	1,974	1,982	2,177	2,226	2,120
Total Debt	0.56	0.56	1.91	2.62	3.7	1.79
Net Cash (Debt)	696.99	825.91	787.5	862.65	520.8	651.11
Net Cash Growth	-0.87%	4.88%	-8.71%	65.64%	-20.01%	-36.09%
Net Cash Per Share	1.79	2.02	1.93	2.11	1.27	1.59
Filing Date Shares Outstanding	337.35	408.55	408.55	408.55	408.55	408.55
Total Common Shares Outstanding	337.35	408.55	408.55	408.55	408.55	408.55
Working Capital	1,088	1,085	1,018	1,057	949.28	964.22
Book Value Per Share	4.19	3.46	3.39	3.39	3.38	3.25
Tangible Book Value	1,243	1,203	1,207	1,219	1,292	1,297
Tangible Book Value Per Share	3.69	2.94	2.96	2.98	3.16	3.18
Buildings	-	318.03	320.3	323.5	328.32	331.25
Machinery	-	197.38	200.71	201.01	260.1	255.77

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