SHE:002275 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	1,118	990.99	1,050	1,058	1,266	1,478
Short-Term Investments	-	-	-	43.4	-	-
Trading Asset Securities	621.47	730.31	626.15	304.69	161.24	221.77
Cash & Short-Term Investments	1,739	1,721	1,676	1,406	1,427	1,699
Cash Growth	-11.92%	2.72%	19.17%	-1.45%	-16.03%	-2.47%
Accounts Receivable	478.73	290.05	527.3	458.33	542.51	413.03
Other Receivables	21.08	98.43	118.06	4.39	57.58	9.1
Receivables	499.81	388.47	645.36	462.72	600.09	422.13
Inventory	220.69	203.26	208.29	255.96	244.9	284.15
Other Current Assets	75.11	50.87	35.18	71.17	25.06	48.4
Total Current Assets	2,535	2,364	2,565	2,196	2,297	2,454
Property, Plant & Equipment	1,099	1,109	1,111	1,155	1,227	1,313
Long-Term Investments	77.79	147.43	296.89	299.09	132.61	4.21
Goodwill	5.7	5.7	5.7	5.7	5.7	5.7
Other Intangible Assets	132.77	134.81	141.55	153.56	168.28	178.36
Long-Term Deferred Tax Assets	6.27	7.12	10.2	9.33	8.53	11.35
Long-Term Deferred Charges	94.77	96.16	102.44	117.04	125.76	128.8
Other Long-Term Assets	369.07	393.86	-	-	-	0.03
Total Assets	4,320	4,258	4,232	3,936	3,965	4,096
Accounts Payable	219.5	185.76	191.55	201.38	133.92	180.24
Accrued Expenses	16.15	33.56	184.85	160.61	160.45	123.86
Short-Term Debt	115.2	260.22	325.26	274.2	140.01	251.68
Current Portion of Long-Term Debt	-	46.06	103.3	104.54	107.57	33.04
Current Portion of Leases	-	-	14.72	14.72	11.81	9.52
Current Income Taxes Payable	49.94	35.42	38.63	25.95	71.79	38.13
Current Unearned Revenue	114.55	98.22	98.06	75.99	170.01	132.79
Other Current Liabilities	123.62	125.14	39.11	36.45	51.38	59.98
Total Current Liabilities	638.97	784.39	995.46	893.83	846.94	829.23
Long-Term Debt	244.63	180.91	121.5	73.92	128.03	226.93
Long-Term Leases	25.16	26.59	28.86	60.95	78.45	87.93
Long-Term Unearned Revenue	82.7	70.23	63.15	89.04	97.85	111.22
Long-Term Deferred Tax Liabilities	0	0	0.15	-	0.33	0.73
Other Long-Term Liabilities	5.05	5.05	13.32	1.34	-	-
Total Liabilities	996.51	1,067	1,222	1,119	1,152	1,256
Common Stock	587.57	587.57	587.57	587.57	587.57	590.2
Additional Paid-In Capital	672.09	672.09	672.09	669.24	638.76	685.78
Retained Earnings	2,052	1,895	1,781	1,583	1,573	1,767
Treasury Stock	-	-	-	-	-	-204
Comprehensive Income & Other	11.9	36.78	-31.12	-22.72	14.13	0.64
Shareholders' Equity	3,324	3,191	3,010	2,817	2,813	2,840
Total Liabilities & Equity	4,320	4,258	4,232	3,936	3,965	4,096
Total Debt	384.99	513.78	593.63	528.33	465.88	609.1
Net Cash (Debt)	1,354	1,208	1,082	877.86	961.07	1,090
Net Cash Growth	3.06%	11.59%	23.27%	-8.66%	-11.86%	-18.50%
Net Cash Per Share	2.30	2.06	1.85	1.50	1.63	1.90
Filing Date Shares Outstanding	592.17	590.23	587.57	587.57	587.57	575.27
Total Common Shares Outstanding	592.17	590.23	587.57	587.57	587.57	575.27
Working Capital	1,896	1,580	1,569	1,302	1,450	1,625
Book Value Per Share	5.61	5.41	5.12	4.79	4.79	4.94
Tangible Book Value	3,185	3,051	2,863	2,658	2,639	2,656
Tangible Book Value Per Share	5.38	5.17	4.87	4.52	4.49	4.62
Buildings	-	-	1,000	993.15	997.12	1,053
Machinery	-	-	773.59	775.06	76.86	76.54
Construction In Progress	-	-	69.54	21.24	61.66	105.26

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