SHE:002297 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	644.12	617.42	560.77	512.13	602.34	550.17
Trading Asset Securities	-	-	-	-	-	215.98
Cash & Short-Term Investments	644.12	617.42	560.77	512.13	602.34	766.15
Cash Growth	18.08%	10.10%	9.50%	-14.98%	-21.38%	76.33%
Accounts Receivable	668.22	553.73	469.95	405.22	352.74	295.79
Other Receivables	3.02	1.55	2.59	1.05	1.19	1.47
Receivables	671.24	555.28	472.54	406.27	353.93	297.27
Inventory	636.09	565.75	536.73	544.93	476.23	400.81
Other Current Assets	106.78	22.1	18.95	19.66	17.5	24.7
Total Current Assets	2,058	1,761	1,589	1,483	1,450	1,489
Property, Plant & Equipment	923.47	936.61	938.84	894.85	761.58	725.74
Long-Term Investments	90.85	90.85	89.11	119.94	120.8	75.25
Other Intangible Assets	234.41	237.86	255.47	258.99	258.64	251.44
Long-Term Deferred Tax Assets	40.99	40.61	39.79	26.76	27.49	26.98
Long-Term Deferred Charges	64.46	56.37	42.56	57.74	34.72	38.6
Other Long-Term Assets	10.19	5.99	4.34	17.5	32.73	6.85
Total Assets	3,423	3,129	2,959	2,859	2,686	2,614
Accounts Payable	353.25	285.78	295.63	228.62	195.9	190.79
Accrued Expenses	38.33	46.37	42.51	30.3	43.54	34.03
Short-Term Debt	393.21	380.13	320.26	230.18	50.05	-
Current Portion of Long-Term Debt	25.93	25.92	30.02	-	2.07	41.84
Current Portion of Leases	-	0.13	-	-	-	-
Current Income Taxes Payable	23.53	6.31	1.98	2.65	4.95	1.36
Current Unearned Revenue	46.36	24.59	13.38	13.17	8.96	10.52
Other Current Liabilities	135.99	87.01	56.07	87.52	98.63	100.64
Total Current Liabilities	1,017	856.24	759.85	592.43	404.1	379.18
Long-Term Debt	-	-	-	-	76	78.06
Long-Term Leases	0.17	0.2	-	-	-	-
Long-Term Unearned Revenue	87.12	89.3	121.36	116.24	88.38	73.29
Long-Term Deferred Tax Liabilities	2.17	2.22	4.52	5.36	5.28	5.58
Total Liabilities	1,106	947.96	885.73	714.04	573.76	536.1
Common Stock	573.1	573.1	573.1	573.1	573.1	573.1
Additional Paid-In Capital	1,691	1,691	1,678	1,678	1,678	1,678
Retained Earnings	-10.72	-143.02	-204.88	-144.07	-173.35	-197.3
Comprehensive Income & Other	6.34	6.34	4.96	14.32	11.09	0.93
Total Common Equity	2,260	2,127	2,052	2,122	2,089	2,055
Minority Interest	56.91	53.54	21.81	23.02	23	22.59
Shareholders' Equity	2,317	2,181	2,073	2,145	2,112	2,078
Total Liabilities & Equity	3,423	3,129	2,959	2,859	2,686	2,614
Total Debt	419.31	406.38	350.28	230.18	128.12	119.9
Net Cash (Debt)	224.81	211.04	210.49	281.95	474.22	646.25
Net Cash Growth	65.67%	0.26%	-25.35%	-40.54%	-26.62%	787.79%
Net Cash Per Share	0.39	0.37	0.37	0.49	0.83	1.26
Filing Date Shares Outstanding	573.01	573.1	573.1	573.1	573.1	573.1
Total Common Shares Outstanding	573.01	573.1	573.1	573.1	573.1	573.1
Working Capital	1,042	904.31	829.14	890.55	1,046	1,110
Book Value Per Share	3.94	3.71	3.58	3.70	3.65	3.59
Tangible Book Value	2,025	1,889	1,796	1,863	1,831	1,804
Tangible Book Value Per Share	3.53	3.30	3.13	3.25	3.19	3.15
Buildings	-	723.54	721.07	502.06	499.95	497.09
Machinery	-	666.12	647.47	623.73	483.55	459.98
Construction In Progress	-	49.19	16.31	183.04	164.12	115.91

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