SHE:002298 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	550.08	601.15	429.91	428.36	593.51	612.31
Cash & Short-Term Investments	550.08	601.15	429.91	428.36	593.51	612.31
Cash Growth	-8.34%	39.83%	0.36%	-27.82%	-3.07%	-4.84%
Accounts Receivable	1,504	1,598	1,995	2,158	2,217	2,247
Other Receivables	75.32	67.02	51.48	85.86	116.23	112.73
Receivables	1,580	1,665	2,047	2,244	2,333	2,359
Inventory	410.62	425.74	515.02	615.42	609.85	571.6
Prepaid Expenses	-	-	0.52	1.04	0.25	1.55
Other Current Assets	579.9	560.02	595.56	992.44	166.84	168.85
Total Current Assets	3,120	3,252	3,588	4,281	3,704	3,714
Property, Plant & Equipment	239.08	246.75	262.24	347	386.73	436.52
Long-Term Investments	34.26	34.41	35.05	47.61	50.55	39.26
Goodwill	340.56	340.56	586.17	842.17	1,152	1,555
Other Intangible Assets	57.17	56.95	119.21	562.79	1,503	1,621
Long-Term Accounts Receivable	-	-	285.14	358.85	285.81	353.56
Long-Term Deferred Tax Assets	144.06	147.35	294.33	315.6	276.41	197.98
Long-Term Deferred Charges	1.29	1.44	2.95	5.27	3.18	2.56
Other Long-Term Assets	250.11	246.59	53.71	67.34	74.35	81.81
Total Assets	4,187	4,326	5,227	6,828	7,435	8,002
Accounts Payable	923.95	1,034	1,376	1,364	1,321	1,212
Accrued Expenses	30.25	52.59	119.64	145.89	87.26	79.79
Short-Term Debt	388.24	389.18	638.57	726.66	820.34	726.7
Current Portion of Long-Term Debt	113.83	171.37	55.8	93.79	132.23	50.47
Current Portion of Leases	-	-	2.07	0.81	-	-
Current Income Taxes Payable	13.84	19.05	10.91	9.82	18.56	33.8
Current Unearned Revenue	193.8	191.26	186.57	157.94	195.32	154.76
Other Current Liabilities	260.14	245.46	223.54	175.86	144.65	76.39
Total Current Liabilities	1,924	2,103	2,613	2,675	2,720	2,334
Long-Term Debt	173.3	183.4	317.33	198.88	88.11	220.04
Long-Term Leases	5.55	6.3	50.89	46.24	93.71	3.27
Long-Term Unearned Revenue	2.31	2.42	3.42	6.05	9.59	11.91
Long-Term Deferred Tax Liabilities	4.41	4.72	5.94	7.61	9.18	10.22
Other Long-Term Liabilities	63.83	63.02	132.05	153.37	144.67	195.65
Total Liabilities	2,173	2,363	3,123	3,087	3,065	2,775
Common Stock	740.11	740.11	740.11	740.11	740.11	740.11
Additional Paid-In Capital	1,290	1,290	3,062	3,094	3,107	3,059
Retained Earnings	-168.01	-210.96	-1,630	-80.94	509.18	1,369
Treasury Stock	-	-	-150.03	-150.03	-150.03	-150.03
Comprehensive Income & Other	3.52	2.06	-4.3	-8.93	-8.93	-8.93
Total Common Equity	1,866	1,821	2,018	3,595	4,198	5,009
Minority Interest	147.34	141.56	85.36	146.08	172.92	216.98
Shareholders' Equity	2,013	1,963	2,104	3,741	4,370	5,226
Total Liabilities & Equity	4,187	4,326	5,227	6,828	7,435	8,002
Total Debt	680.92	750.24	1,065	1,066	1,134	1,000
Net Cash (Debt)	-130.84	-149.1	-634.75	-638.03	-540.89	-388.17
Net Cash Per Share	-0.17	-0.20	-0.89	-0.89	-0.75	-0.55
Filing Date Shares Outstanding	740.48	817.52	717.33	717.33	717.33	717.33
Total Common Shares Outstanding	740.48	817.52	717.33	717.33	717.33	717.33
Working Capital	1,196	1,149	974.56	1,606	984.29	1,379
Book Value Per Share	2.52	2.23	2.81	5.01	5.85	6.98
Tangible Book Value	1,468	1,424	1,313	2,190	1,543	1,833
Tangible Book Value Per Share	1.98	1.74	1.83	3.05	2.15	2.56
Buildings	-	-	520.49	566.51	569.42	568.69
Machinery	-	-	152.06	155.49	155.6	147.4
Construction In Progress	-	-	2.31	3.71	0.48	1.99

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