SHE:002376 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	788	742.73	738.48	724.49	921.67	891.21
Short-Term Investments	-	10	20	20.42	78.96	317.27
Trading Asset Securities	10	5	-	10.22	-	10
Cash & Short-Term Investments	798	757.73	758.48	755.13	1,001	1,218
Cash Growth	3.52%	-0.10%	0.44%	-24.53%	-17.88%	10.42%
Accounts Receivable	771.82	845.91	713.09	648.19	816.13	1,008
Other Receivables	70.72	118.52	106.24	45.4	37.38	33.69
Receivables	842.54	964.42	819.33	693.59	853.51	1,041
Inventory	1,075	941.31	706.48	723.88	839.47	998.82
Prepaid Expenses	-	2.25	3.12	0.79	0.52	0.51
Other Current Assets	131.52	23.4	21	93.96	91.78	118.28
Total Current Assets	2,847	2,689	2,308	2,267	2,786	3,377
Property, Plant & Equipment	1,385	1,404	1,430	1,468	1,507	1,492
Long-Term Investments	1,199	1,195	1,107	1,022	909.45	880.3
Goodwill	319.83	319.83	319.83	319.83	319.83	337.4
Other Intangible Assets	142.26	148.49	145.13	161.11	167.82	169.87
Long-Term Accounts Receivable	-	27.28	20.16	30.5	19.64	30.83
Long-Term Deferred Tax Assets	47.04	48.16	49.09	43.5	39.89	34.32
Long-Term Deferred Charges	50.54	47.47	66.97	58.67	58.98	64.14
Other Long-Term Assets	118.71	52.11	42.56	44.8	45.96	47.78
Total Assets	6,109	5,931	5,489	5,416	5,855	6,434
Accounts Payable	859.4	855.2	568.5	443.6	399.97	783.23
Accrued Expenses	41.66	54.59	51.51	46.41	45.79	63.15
Short-Term Debt	635.64	561.59	505.38	444.98	803.92	658.13
Current Portion of Long-Term Debt	-	19.01	-	-	30.06	-
Current Portion of Leases	23.39	5.06	4.69	5.07	6	2.57
Current Income Taxes Payable	14.32	4.28	0.05	3.91	3.21	0.8
Current Unearned Revenue	159.76	75.25	52.62	54.05	41.32	67.89
Other Current Liabilities	113.6	109.96	93.3	97.51	102.74	124.25
Total Current Liabilities	1,848	1,685	1,276	1,096	1,433	1,700
Long-Term Debt	87.06	89.06	-	812.61	784.93	811.44
Long-Term Leases	4.68	2.93	5.01	4.99	7.76	4.32
Long-Term Unearned Revenue	70.28	71.51	56.65	72.18	53.1	56.15
Long-Term Deferred Tax Liabilities	6.49	6.59	7.66	3	3.7	0.87
Total Liabilities	2,016	1,855	1,345	1,988	2,283	2,573
Common Stock	810.56	810.56	810.56	648.47	655.2	665.72
Additional Paid-In Capital	1,684	1,684	1,684	822.34	871.12	990.89
Retained Earnings	1,404	1,395	1,478	1,524	1,603	1,759
Treasury Stock	-94.99	-94.99	-94.99	-	-	-17.01
Comprehensive Income & Other	8.34	10.06	6.75	178.94	178.01	177.35
Total Common Equity	3,812	3,805	3,884	3,174	3,307	3,576
Minority Interest	280.08	271.04	258.96	253.59	264.99	284.83
Shareholders' Equity	4,092	4,076	4,143	3,428	3,572	3,861
Total Liabilities & Equity	6,109	5,931	5,489	5,416	5,855	6,434
Total Debt	750.77	677.65	515.09	1,268	1,633	1,476
Net Cash (Debt)	47.24	80.08	243.39	-512.52	-632.04	-257.98
Net Cash Growth	-73.68%	-67.10%	-	-	-	-
Net Cash Per Share	0.06	0.10	0.38	-0.79	-0.98	-0.39
Filing Date Shares Outstanding	793.68	793.68	793.68	648.47	655.2	663.72
Total Common Shares Outstanding	793.68	793.68	793.68	648.47	655.2	663.72
Working Capital	998.88	1,004	1,032	1,172	1,353	1,677
Book Value Per Share	4.80	4.79	4.89	4.89	5.05	5.39
Tangible Book Value	3,350	3,336	3,419	2,693	2,819	3,069
Tangible Book Value Per Share	4.22	4.20	4.31	4.15	4.30	4.62
Buildings	-	-	-	1,063	1,025	1,028
Machinery	-	1,118	1,093	1,021	958.49	888.87
Construction In Progress	-	72.7	9.81	10.95	39.82	0.67

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