SHE:002364 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	595.62	967.83	701.59	465.31	416.7	261.77
Short-Term Investments	-	-	344.41	179.96	51	70
Trading Asset Securities	180.71	-	-	50	-	-
Cash & Short-Term Investments	776.33	967.83	1,046	695.27	467.7	331.77
Cash Growth	32.37%	-7.47%	50.44%	48.66%	40.97%	-28.67%
Accounts Receivable	1,008	1,174	1,066	983.3	1,034	1,144
Other Receivables	23.95	18.85	43.06	43.39	20.02	32.54
Receivables	1,032	1,193	1,110	1,027	1,054	1,176
Inventory	1,210	877.52	696.43	605.14	661.1	669.4
Prepaid Expenses	-	-	0.41	0.09	0.35	0.62
Other Current Assets	541.02	275.26	65.42	54.89	99.17	78.07
Total Current Assets	3,560	3,314	2,918	2,382	2,283	2,256
Property, Plant & Equipment	355.83	360.23	382.22	427.23	336.34	339.68
Long-Term Investments	268.57	258.53	296.75	273.03	298.25	311.66
Goodwill	16.57	16.57	19.98	29.71	31.95	42.45
Other Intangible Assets	57.45	58.64	58.49	62.85	66.89	67.33
Long-Term Accounts Receivable	-	-	5.44	-	0.73	0.29
Long-Term Deferred Tax Assets	93.6	91.2	87.78	107.65	98.8	86.64
Long-Term Deferred Charges	11.74	11.6	14.45	17.87	21.85	24.52
Other Long-Term Assets	144.73	126.3	2.55	1.59	136.04	134.1
Total Assets	4,508	4,237	3,785	3,302	3,274	3,263
Accounts Payable	1,360	1,187	1,005	593.13	596.67	540.93
Accrued Expenses	11.53	71.21	97.8	68.71	66.96	70.42
Short-Term Debt	224	16.15	4.18	130.11	160.07	160.06
Current Portion of Long-Term Debt	1.92	2.3	-	-	-	-
Current Portion of Leases	-	-	1.72	2.23	2.79	2.83
Current Income Taxes Payable	10.13	42.95	0.71	0.18	1.22	6.66
Current Unearned Revenue	295.18	327.2	162.53	91.26	71.75	62.85
Other Current Liabilities	65.41	72.13	43.29	74.31	106.24	44.04
Total Current Liabilities	1,968	1,719	1,315	959.92	1,006	887.79
Long-Term Debt	-	-	-	-	-	19.52
Long-Term Leases	2.85	2.99	4.08	1.7	3.51	3.95
Long-Term Unearned Revenue	5.94	6.33	7.34	9.25	3.23	3.8
Long-Term Deferred Tax Liabilities	-	-	-	-	8.37	7.72
Other Long-Term Liabilities	0.99	1.02	0.95	0.72	0.47	0.26
Total Liabilities	1,977	1,730	1,328	971.59	1,021	923.05
Common Stock	563.56	563.56	563.56	563.56	563.56	563.56
Additional Paid-In Capital	986.24	986.24	985.15	972.43	963.57	1,036
Retained Earnings	933.45	908.52	838.32	756.87	720.9	833.08
Treasury Stock	-25.99	-25.99	-0.37	-30.16	-60.31	-142.79
Comprehensive Income & Other	43.58	43.62	43.71	43.67	43.7	43.73
Total Common Equity	2,501	2,476	2,430	2,306	2,231	2,334
Minority Interest	29.7	31.25	27.55	24.05	20.95	5.65
Shareholders' Equity	2,531	2,507	2,458	2,330	2,252	2,340
Total Liabilities & Equity	4,508	4,237	3,785	3,302	3,274	3,263
Total Debt	228.77	21.44	9.98	134.04	166.36	186.36
Net Cash (Debt)	547.56	946.39	1,036	561.24	301.34	145.4
Net Cash Growth	-5.19%	-8.65%	84.60%	86.25%	107.24%	179.47%
Net Cash Per Share	0.91	1.65	1.89	1.00	0.54	0.26
Filing Date Shares Outstanding	623.39	622.95	563.3	732.18	734.84	555.38
Total Common Shares Outstanding	623.39	622.95	563.3	732.18	734.84	555.38
Working Capital	1,592	1,594	1,603	1,422	1,277	1,368
Book Value Per Share	4.01	3.97	4.31	3.15	3.04	4.20
Tangible Book Value	2,427	2,401	2,352	2,214	2,133	2,224
Tangible Book Value Per Share	3.89	3.85	4.18	3.02	2.90	4.00
Buildings	-	-	464.84	464.84	207.55	221.8
Machinery	-	-	166.46	162.56	161.34	149.33
Construction In Progress	-	-	1.48	0.03	63.27	34.79

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