SHE:002333 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	561.51	568.21	521.47	473.45	326.15	228.29
Trading Asset Securities	10.01	-	-	-	-	180.18
Cash & Short-Term Investments	571.53	568.21	521.47	473.45	326.15	408.46
Cash Growth	-5.49%	8.96%	10.14%	45.16%	-20.15%	-3.52%
Accounts Receivable	903.67	1,055	1,210	1,310	966.71	603.64
Other Receivables	10.81	9.09	19.21	36.4	14.57	30.57
Receivables	914.47	1,064	1,229	1,346	981.28	634.21
Inventory	274.99	279.28	270.1	273.84	287	220.53
Other Current Assets	38.1	28.35	29.06	67.31	72.96	79.52
Total Current Assets	1,799	1,940	2,050	2,161	1,667	1,343
Property, Plant & Equipment	634.42	644.52	708.15	765.92	783.74	620.89
Long-Term Investments	135.93	135.23	2.68	2.6	-	28.33
Goodwill	221.84	221.84	141.72	141.72	141.72	142.22
Other Intangible Assets	81.39	83.7	85.35	93.04	107.93	100.2
Long-Term Deferred Tax Assets	48.95	49.52	48.49	40.73	32.91	16.15
Long-Term Deferred Charges	32.85	34.59	37.98	41.54	45.14	12.35
Other Long-Term Assets	14.59	15.23	4.99	3.83	6.97	5.22
Total Assets	2,969	3,125	3,079	3,250	2,786	2,268
Accounts Payable	387.98	447.27	394.27	377.6	335.72	244.71
Accrued Expenses	13.53	38.79	74.57	65.71	58.82	46.26
Short-Term Debt	197.61	273.51	369.05	431.8	168.62	-
Current Portion of Long-Term Debt	33.14	32.16	40.18	101.48	22.16	-
Current Portion of Leases	-	-	2.12	3.99	8.84	3.31
Current Income Taxes Payable	2.17	11.24	1.65	3.55	2.03	4.49
Current Unearned Revenue	38.4	16.43	64.23	27.45	43.74	30.44
Other Current Liabilities	184.77	216.75	117.66	177.44	223.07	122.98
Total Current Liabilities	857.59	1,036	1,064	1,189	863	452.18
Long-Term Debt	126.67	117.37	95.34	123.55	122.25	-
Long-Term Leases	5.35	2.71	4.41	4.65	22.88	1.55
Long-Term Unearned Revenue	4.99	5.43	7.19	8.43	6.57	3.95
Long-Term Deferred Tax Liabilities	0.74	1.01	0.65	1.22	1.62	2.15
Other Long-Term Liabilities	9.04	8.12	7.9	9.37	7.44	5.77
Total Liabilities	1,004	1,171	1,179	1,336	1,024	465.61
Common Stock	674.92	674.92	674.92	674.92	652.6	652.6
Additional Paid-In Capital	766.98	766.98	767.33	798.51	725.01	725.01
Retained Earnings	491.09	480.65	434.06	406.57	354.34	400.7
Comprehensive Income & Other	-0.72	-0.84	-0.42	-	-	-1.42
Total Common Equity	1,932	1,922	1,876	1,880	1,732	1,777
Minority Interest	32.4	32.36	24.21	34.14	30.08	25.6
Shareholders' Equity	1,965	1,954	1,900	1,914	1,762	1,802
Total Liabilities & Equity	2,969	3,125	3,079	3,250	2,786	2,268
Total Debt	362.76	425.74	511.1	665.47	344.76	4.86
Net Cash (Debt)	208.76	142.47	10.37	-192.01	-18.61	403.61
Net Cash Growth	478.53%	1273.80%	-	-	-	-1.17%
Net Cash Per Share	0.31	0.21	0.02	-0.29	-0.03	0.64
Filing Date Shares Outstanding	673.71	676.21	674.92	674.92	652.6	652.6
Total Common Shares Outstanding	673.71	676.21	674.92	674.92	652.6	652.6
Working Capital	941.5	904.09	986.24	971.97	804.39	890.54
Book Value Per Share	2.87	2.84	2.78	2.79	2.65	2.72
Tangible Book Value	1,629	1,616	1,649	1,645	1,482	1,534
Tangible Book Value Per Share	2.42	2.39	2.44	2.44	2.27	2.35
Buildings	-	-	388.53	386.96	415.04	404.1
Machinery	-	-	806.53	768.56	743	591.53
Construction In Progress	-	-	2.86	39.12	31.97	13.53

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