SHE:002278 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	396.71	487.26	310.24	163.08	216.81	221.13
Trading Asset Securities	91.67	98.13	18.08	57.34	63.21	45.91
Cash & Short-Term Investments	488.38	585.39	328.32	220.42	280.02	267.04
Cash Growth	56.11%	78.30%	48.95%	-21.29%	4.86%	-7.40%
Accounts Receivable	484.01	548.64	541.96	636.56	630.39	639.16
Other Receivables	31.29	22.27	18.96	16.2	20.24	16.58
Receivables	515.29	570.91	560.91	652.76	650.63	655.73
Inventory	474.6	459.99	455.01	415.68	385.62	337.98
Other Current Assets	31.9	18.13	16.04	18.46	17.42	17.23
Total Current Assets	1,510	1,634	1,360	1,307	1,334	1,278
Property, Plant & Equipment	290.52	289.8	298.88	278.63	263.79	282.54
Long-Term Investments	34.73	34.94	14.09	-	-	-
Goodwill	126.76	126.76	87.69	87.69	87.69	87.69
Other Intangible Assets	32.76	33.61	25.11	24.18	25.04	24.44
Long-Term Deferred Tax Assets	29.88	30.44	28.87	24.4	20.64	14.99
Long-Term Deferred Charges	2.77	2.63	0.88	0.86	0.73	1.37
Other Long-Term Assets	72.16	73.14	77.84	83.26	81.65	82.25
Total Assets	2,100	2,226	1,894	1,806	1,813	1,771
Accounts Payable	322.46	413.39	401.83	400.41	381.59	384.64
Accrued Expenses	11.41	25.73	46.16	31.13	45.85	43.56
Short-Term Debt	66.55	74.66	98.91	88.66	120.41	52.04
Current Portion of Long-Term Debt	12.06	12.18	5.04	3.04	3.05	-
Current Portion of Leases	-	-	3.8	3.04	0.83	1.33
Current Income Taxes Payable	4.3	16.95	1.31	3.97	6.43	5.8
Current Unearned Revenue	45.4	48.5	63.85	27.17	32.74	14.93
Other Current Liabilities	49.11	45.99	15.46	19.2	29.16	43.39
Total Current Liabilities	511.29	637.39	636.36	576.62	620.06	545.69
Long-Term Debt	20.03	20	28	33	36	40
Long-Term Leases	4.9	4.99	3.1	2.03	0.16	1.05
Long-Term Unearned Revenue	3.67	3.02	3.27	3.51	7.24	5.86
Long-Term Deferred Tax Liabilities	2.76	2.67	1.35	1.25	1.04	0.08
Total Liabilities	542.64	668.06	672.07	616.42	664.51	592.68
Common Stock	390.04	390.04	363.91	363.91	363.91	363.91
Additional Paid-In Capital	672.67	672.67	462.19	457.49	458.08	452.96
Retained Earnings	345.79	347.97	310.18	298.14	273.57	319.62
Treasury Stock	-7.04	-7.04	-18.03	-26.43	-31.44	-31.6
Comprehensive Income & Other	11.7	12.02	6.27	5.89	5.73	3.29
Total Common Equity	1,413	1,416	1,125	1,099	1,070	1,108
Minority Interest	143.94	142	97.06	90.93	78.87	70.39
Shareholders' Equity	1,557	1,558	1,222	1,190	1,149	1,179
Total Liabilities & Equity	2,100	2,226	1,894	1,806	1,813	1,771
Total Debt	103.53	111.82	138.85	129.77	160.45	94.43
Net Cash (Debt)	384.85	473.57	189.47	90.64	119.57	172.61
Net Cash Growth	131.62%	149.94%	109.03%	-24.19%	-30.73%	-12.96%
Net Cash Per Share	1.05	1.31	0.53	0.26	0.34	0.48
Filing Date Shares Outstanding	381.49	351.17	362.49	362.49	362.49	307.28
Total Common Shares Outstanding	381.49	351.17	362.49	362.49	362.49	307.28
Working Capital	998.89	997.03	723.93	730.7	713.64	732.29
Book Value Per Share	3.70	4.03	3.10	3.03	2.95	3.61
Tangible Book Value	1,254	1,255	1,012	987.12	957.12	996.05
Tangible Book Value Per Share	3.29	3.57	2.79	2.72	2.64	3.24
Buildings	-	-	188	187.79	187.6	186.68
Machinery	-	-	427.08	391.33	102.8	362.26
Construction In Progress	-	-	22.32	11.52	2.17	1.7

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