SHE:002365 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	253.21	230.59	320.41	326.17	274.72	93.51
Trading Asset Securities	622.77	687.89	600.16	630.1	557.5	454.02
Cash & Short-Term Investments	875.98	918.47	920.57	956.27	832.22	547.53
Cash Growth	-2.92%	-0.23%	-3.73%	14.91%	52.00%	-26.83%
Accounts Receivable	162.85	124.97	161.79	171.53	187.23	332.27
Other Receivables	3.11	5.44	6.14	6.33	8.12	11.63
Receivables	165.96	130.41	167.93	177.86	195.35	343.9
Inventory	78.97	90.89	93.5	69.9	149.6	145.78
Other Current Assets	18.2	12.97	16.66	9.57	18.18	28.69
Total Current Assets	1,139	1,153	1,199	1,214	1,195	1,066
Property, Plant & Equipment	889.27	878.49	948.07	953.61	1,022	988.96
Long-Term Investments	75.3	74.46	74.55	68.3	81.37	115.23
Goodwill	-	-	-	0.52	8.77	8.77
Other Intangible Assets	75.96	76.82	79.56	82.39	84.49	87.93
Long-Term Deferred Tax Assets	11.86	11.41	5.84	11.26	9.73	9.94
Other Long-Term Assets	3.72	6.74	1.93	17.46	22.03	9.21
Total Assets	2,195	2,201	2,309	2,347	2,424	2,286
Accounts Payable	113.5	115.57	124.02	160.65	162.77	114.91
Accrued Expenses	26.16	39.6	41.07	40.04	47.5	47
Short-Term Debt	0.75	0.75	39.53	10.01	40.01	20.38
Current Income Taxes Payable	12.64	8.91	7.06	7.84	0.61	2.37
Current Unearned Revenue	25.16	20.1	19.28	15.59	11.77	21.53
Other Current Liabilities	13.15	19.01	17.38	23.12	22.46	87.18
Total Current Liabilities	191.36	203.94	248.34	257.26	285.13	293.37
Long-Term Unearned Revenue	8.8	9.28	7.46	8.5	11.31	13.05
Long-Term Deferred Tax Liabilities	4.35	5.5	10.75	33.09	24.74	22.53
Total Liabilities	204.51	218.72	266.55	298.85	321.17	328.95
Common Stock	294.68	294.68	294.68	294.68	294.68	294.68
Additional Paid-In Capital	722.3	722.3	714.44	712.92	712.78	712.23
Retained Earnings	987.22	979.48	985.91	953.42	995.2	854.85
Treasury Stock	-40.48	-40.48	-24.18	-	-	-
Comprehensive Income & Other	31.8	31.02	22.94	22.89	14.71	4.16
Total Common Equity	1,996	1,987	1,994	1,984	2,017	1,866
Minority Interest	-4.82	-5.07	48.28	64.38	85.63	91.06
Shareholders' Equity	1,991	1,982	2,042	2,048	2,103	1,957
Total Liabilities & Equity	2,195	2,201	2,309	2,347	2,424	2,286
Total Debt	0.75	0.75	39.53	10.01	40.01	20.38
Net Cash (Debt)	875.24	917.72	881.04	946.26	792.2	527.15
Net Cash Growth	0.28%	4.16%	-6.89%	19.45%	50.28%	-15.78%
Net Cash Per Share	3.03	3.17	2.99	3.21	2.69	1.84
Filing Date Shares Outstanding	288.68	289.15	289.15	294.68	294.68	294.68
Total Common Shares Outstanding	288.68	289.15	291.24	294.68	294.68	294.68
Working Capital	947.76	948.81	950.32	956.34	910.22	772.52
Book Value Per Share	6.91	6.87	6.85	6.73	6.85	6.33
Tangible Book Value	1,920	1,910	1,914	1,901	1,924	1,769
Tangible Book Value Per Share	6.65	6.61	6.57	6.45	6.53	6.00
Buildings	-	633.95	581.93	573.53	546.87	547.89
Machinery	-	1,335	1,306	1,268	1,210	1,083
Construction In Progress	-	18.9	66.41	26.12	51.55	43.07

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