SHE:002255 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	Dec '21 Dec 31, 2021
Cash & Equivalents	2,043	1,998	1,746	1,145	943.24	583.3
Short-Term Investments	-	14.35	71.37	22.99	22.77	-
Trading Asset Securities	31.66	31.66	31.03	65	21	16
Cash & Short-Term Investments	2,075	2,044	1,849	1,233	987.01	599.3
Cash Growth	14.07%	10.57%	49.89%	24.95%	64.69%	24.43%
Accounts Receivable	1,077	1,058	1,347	1,550	1,443	1,493
Other Receivables	16.62	4.55	17.56	16.55	21.57	68.42
Receivables	1,094	1,062	1,365	1,566	1,465	1,562
Inventory	1,378	1,425	1,733	1,545	1,366	1,118
Other Current Assets	159.67	132.51	164.81	191.06	219.3	125.28
Total Current Assets	4,707	4,664	5,111	4,536	4,037	3,404
Property, Plant & Equipment	1,082	1,101	1,192	1,185	1,254	1,350
Long-Term Investments	185.05	190.38	144.64	255.76	267.9	170.3
Goodwill	62.48	62.48	62.5	62.5	62.5	62.5
Other Intangible Assets	167.26	138.49	142.8	144.47	147.64	151.78
Long-Term Accounts Receivable	-	77.19	97.8	116.27	76.05	90.26
Long-Term Deferred Tax Assets	84.67	88.36	81.12	113.83	151.2	145.49
Long-Term Deferred Charges	13.6	9.82	10.57	7.35	5.64	4.74
Other Long-Term Assets	151.51	82.44	82.26	13.21	8.68	35.45
Total Assets	6,453	6,414	6,924	6,435	6,010	5,414
Accounts Payable	366.79	395.69	639.36	860.43	829.6	887.75
Accrued Expenses	22.53	68.11	73.93	67.43	77.76	75.88
Short-Term Debt	-	-	15.76	8.71	6.25	8.58
Current Portion of Long-Term Debt	0.9	-	-	-	-	-
Current Portion of Leases	-	1.46	2.69	2.77	1.88	2.83
Current Income Taxes Payable	26.52	16.67	12.25	7.98	8.71	9.46
Current Unearned Revenue	1,254	1,249	1,743	1,381	1,352	1,063
Other Current Liabilities	113.01	115.05	204.43	181.4	155.31	126.95
Total Current Liabilities	1,784	1,846	2,691	2,510	2,431	2,174
Long-Term Leases	32.93	32.91	33.67	37.82	38.85	40.56
Long-Term Unearned Revenue	81.6	83.03	85.61	88.01	92.09	102.68
Long-Term Deferred Tax Liabilities	40.91	41.24	41.42	41.19	44.48	40.71
Other Long-Term Liabilities	-	-	-	5.05	-	2.2
Total Liabilities	1,939	2,004	2,852	2,682	2,607	2,360
Common Stock	830.88	830.88	830.88	842.27	842.27	842.27
Additional Paid-In Capital	2,302	2,302	2,303	2,341	2,341	2,341
Retained Earnings	1,471	1,368	991.47	614.22	273.93	-62.74
Comprehensive Income & Other	-124.7	-124.28	-120.05	-112.3	-106.23	-105.88
Total Common Equity	4,479	4,376	4,005	3,686	3,351	3,015
Minority Interest	34.4	34.1	67.24	66.95	52.07	39.11
Shareholders' Equity	4,514	4,410	4,072	3,753	3,403	3,054
Total Liabilities & Equity	6,453	6,414	6,924	6,435	6,010	5,414
Total Debt	33.83	34.38	52.13	49.29	46.98	51.97
Net Cash (Debt)	2,041	2,010	1,796	1,184	940.03	547.34
Net Cash Growth	14.51%	11.86%	51.73%	25.96%	71.75%	26.01%
Net Cash Per Share	2.46	2.42	2.14	1.41	1.12	0.65
Filing Date Shares Outstanding	830.58	830.88	830.88	842.27	842.27	842.27
Total Common Shares Outstanding	830.58	830.88	830.88	842.27	842.27	842.27
Working Capital	2,923	2,818	2,419	2,026	1,606	1,230
Book Value Per Share	5.39	5.27	4.82	4.38	3.98	3.58
Tangible Book Value	4,250	4,175	3,800	3,479	3,141	2,801
Tangible Book Value Per Share	5.12	5.03	4.57	4.13	3.73	3.33
Buildings	-	1,214	1,214	1,194	1,192	1,192
Machinery	-	998.74	975.18	894.27	884.17	887.27
Construction In Progress	-	3.1	19.62	16.78	3.16	8.87

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