SHE:002361 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	575.64	638.17	493.42	762.38	805.28	641.21
Trading Asset Securities	-	-	4.53	4.53	9.5	175
Cash & Short-Term Investments	575.64	638.17	497.95	766.91	814.78	816.21
Cash Growth	-6.33%	28.16%	-35.07%	-5.88%	-0.18%	124.45%
Accounts Receivable	1,385	1,730	1,635	1,651	1,535	1,447
Other Receivables	364.99	4.81	2.9	5.02	4.54	10.83
Receivables	1,750	1,734	1,638	1,656	1,540	1,458
Inventory	374.26	305.61	355.11	352.51	390.44	415.72
Prepaid Expenses	-	-	-	-	1.34	-
Other Current Assets	98.04	69.02	58.28	63.31	56.34	69.78
Total Current Assets	2,798	2,747	2,549	2,839	2,803	2,759
Property, Plant & Equipment	1,321	1,353	1,388	1,466	1,234	1,192
Long-Term Investments	25.11	25.41	23.1	19.9	17.83	16.6
Goodwill	262.96	262.96	262.96	262.96	262.96	262.96
Other Intangible Assets	103.4	105.22	120.96	132.85	138.7	144.49
Long-Term Deferred Tax Assets	45.54	47.05	45.29	41.83	33.06	26.75
Long-Term Deferred Charges	4.63	5.82	10.68	11.67	15.7	9.37
Other Long-Term Assets	0.69	0.9	5.36	7.37	33.87	10.89
Total Assets	4,561	4,548	4,406	4,782	4,539	4,422
Accounts Payable	678.68	791.99	739.8	785.06	560.57	620.73
Accrued Expenses	21.35	47.94	37.9	42.8	44.69	31.04
Short-Term Debt	1,279	1,132	1,029	1,389	1,393	1,153
Current Portion of Long-Term Debt	86.98	74.19	77.55	42.15	1.05	39.5
Current Portion of Leases	-	1.66	1.71	1.74	1.1	1.28
Current Income Taxes Payable	5.82	2.17	2.99	1.4	3.48	4.29
Current Unearned Revenue	60.31	43.37	22.15	30.27	25.5	29.08
Other Current Liabilities	9.72	11.42	4.85	7.03	5.43	10.62
Total Current Liabilities	2,142	2,105	1,916	2,300	2,035	1,890
Long-Term Debt	194.73	209.03	190.99	108.5	50	-
Long-Term Leases	4.76	5.54	6.37	2.45	2.25	2.23
Long-Term Unearned Revenue	18.18	19.49	25.04	29.01	33.15	38.64
Long-Term Deferred Tax Liabilities	0.18	0.22	3.81	3.68	3.87	3.89
Total Liabilities	2,359	2,339	2,142	2,443	2,124	1,935
Common Stock	951.03	951.03	951.03	951.03	951.03	978.57
Additional Paid-In Capital	813.01	813.01	813.01	813.01	813.01	896.8
Retained Earnings	427.19	432.46	466.72	528.17	597.83	666.01
Treasury Stock	-	-	-	-	-	-111.33
Total Common Equity	2,191	2,197	2,231	2,292	2,362	2,430
Minority Interest	10.59	11.94	32.72	46.34	53.02	57.74
Shareholders' Equity	2,202	2,208	2,263	2,339	2,415	2,488
Total Liabilities & Equity	4,561	4,548	4,406	4,782	4,539	4,422
Total Debt	1,565	1,423	1,306	1,544	1,447	1,196
Net Cash (Debt)	-989.55	-784.64	-807.79	-777.07	-632.35	-380.14
Net Cash Per Share	-1.04	-0.83	-0.85	-0.82	-0.66	-0.45
Filing Date Shares Outstanding	951.03	951.03	951.03	951.03	951.03	951.03
Total Common Shares Outstanding	951.03	951.03	951.03	951.03	951.03	951.03
Working Capital	656.3	642	632.86	539.45	768.39	869.42
Book Value Per Share	2.30	2.31	2.35	2.41	2.48	2.56
Tangible Book Value	1,825	1,828	1,847	1,896	1,960	2,023
Tangible Book Value Per Share	1.92	1.92	1.94	1.99	2.06	2.13
Buildings	-	972.04	779.36	778.11	470.47	468.54
Machinery	-	1,377	1,160	1,154	1,040	1,002
Construction In Progress	-	15.01	337.31	312.57	425.49	329.37

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