SHE:002247 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	233.99	296.51	293.75	457.79	386.01	172.6
Short-Term Investments	-	-	-	-	-	114
Trading Asset Securities	50	30	-	-	-	48
Cash & Short-Term Investments	283.99	326.51	293.75	457.79	386.01	334.6
Cash Growth	19.28%	11.15%	-35.83%	18.60%	15.36%	12.25%
Accounts Receivable	152.09	132.06	134.46	158.03	149.21	140.35
Other Receivables	2.29	1.85	2.09	2.36	2.81	3.38
Receivables	154.38	133.91	136.55	160.39	152.01	143.73
Inventory	96.87	84.9	94.57	111.61	105.65	123.23
Prepaid Expenses	-	-	-	2.48	1.19	-
Other Current Assets	5.69	4.49	5.69	4.45	4.05	5.04
Total Current Assets	540.94	549.82	530.55	736.72	648.91	606.6
Property, Plant & Equipment	262.94	270.14	288.1	303.22	302.14	324.07
Other Intangible Assets	66.23	66.07	68.67	70.63	77.14	80.17
Long-Term Deferred Tax Assets	3.85	2.86	2.41	5.05	3.05	2.03
Long-Term Deferred Charges	2.74	2.92	3.67	2.47	0.5	1.18
Other Long-Term Assets	34.67	36.54	36.91	36.17	27.24	27.34
Total Assets	911.36	928.36	930.31	1,154	1,059	1,041
Accounts Payable	130.04	118.1	125.39	181.53	182.54	220.31
Accrued Expenses	54.94	83.72	84.89	88.84	87.05	91.5
Short-Term Debt	-	-	5.01	-	10	10
Current Portion of Leases	-	3.07	3.31	2.52	-	-
Current Income Taxes Payable	10.05	6.48	3.85	4.06	5.17	2.45
Current Unearned Revenue	3.68	7.28	7.41	6.72	5.57	9.25
Other Current Liabilities	17.3	17.45	39.72	447.02	25.05	6.95
Total Current Liabilities	219.54	236.11	269.57	730.68	315.37	340.45
Long-Term Leases	8.52	9.39	12.76	10.92	-	-
Long-Term Unearned Revenue	6.5	6.5	6.21	4.41	2.27	2.01
Long-Term Deferred Tax Liabilities	-	-	-	2.59	-	-
Other Long-Term Liabilities	0.56	1.36	16.26	0.13	0.41	10.89
Total Liabilities	235.12	253.36	304.81	748.74	318.05	353.35
Common Stock	850.87	850.87	850.87	850.87	850.87	850.87
Additional Paid-In Capital	3,024	3,024	3,024	3,024	3,024	3,024
Retained Earnings	-3,203	-3,203	-3,252	-3,470	-3,134	-3,187
Total Common Equity	672.41	671.55	623.27	405.27	740.92	688.05
Minority Interest	3.83	3.44	2.23	0.25	-	-
Shareholders' Equity	676.24	675	625.5	405.52	740.92	688.05
Total Liabilities & Equity	911.36	928.36	930.31	1,154	1,059	1,041
Total Debt	12.06	12.46	21.08	13.44	10	10
Net Cash (Debt)	271.94	314.05	272.68	444.35	376.01	324.6
Net Cash Growth	24.75%	15.17%	-38.63%	18.18%	15.84%	12.67%
Net Cash Per Share	0.32	0.37	0.33	0.52	0.43	0.36
Filing Date Shares Outstanding	857.61	850.87	850.87	850.87	850.87	850.87
Total Common Shares Outstanding	857.61	850.87	850.87	850.87	850.87	850.87
Working Capital	321.39	313.71	260.98	6.03	333.54	266.15
Book Value Per Share	0.78	0.79	0.73	0.48	0.87	0.81
Tangible Book Value	606.18	605.48	554.6	334.64	663.78	607.87
Tangible Book Value Per Share	0.71	0.71	0.65	0.39	0.78	0.71
Buildings	-	239.88	241.45	241.93	249.94	254.12
Machinery	-	358.91	364.94	354.17	344.2	335.18
Construction In Progress	-	9.45	1.01	7.3	6.49	11.44

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