SHE:002380 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	412.95	618.01	793.2	670.55	483.04	419.77
Trading Asset Securities	1,004	699.52	279.25	147.83	107.29	141.33
Cash & Short-Term Investments	1,417	1,318	1,072	818.38	590.33	561.1
Cash Growth	35.38%	22.85%	31.05%	38.63%	5.21%	-37.06%
Accounts Receivable	1,049	994.94	1,015	865.63	867.01	836.22
Other Receivables	36.25	29.1	-	-	-	75.72
Receivables	1,085	1,024	1,028	881.32	885.63	911.94
Inventory	624.66	597.67	668.49	633.77	651.96	561.88
Prepaid Expenses	-	-	12.45	7.03	0.27	0.01
Other Current Assets	162.23	246.1	155.47	180.04	164.58	112.79
Total Current Assets	3,289	3,185	2,937	2,521	2,293	2,148
Property, Plant & Equipment	374.05	380.71	433.25	456.79	558.57	1,068
Long-Term Investments	1	1	182.45	126.95	1	1
Goodwill	-	-	-	-	-	4.52
Other Intangible Assets	61.27	61.82	64.17	66.75	68.17	78.29
Long-Term Deferred Tax Assets	27.33	27.4	30.7	36.28	30.95	23.54
Long-Term Deferred Charges	-	-	-	-	-	1.27
Other Long-Term Assets	236.77	213.92	13.37	13.25	14.11	13.24
Total Assets	3,990	3,870	3,661	3,221	2,966	3,337
Accounts Payable	534.69	475.68	413.09	346.4	320.57	417.5
Accrued Expenses	86.88	102.93	123.23	111.82	101.48	84.18
Short-Term Debt	34.95	52.31	43.95	11.9	63.42	63.53
Current Portion of Long-Term Debt	22.45	0.63	-	-	-	-
Current Portion of Leases	-	-	0.77	1.08	0.73	0.46
Current Income Taxes Payable	52.06	57.52	23.89	4.67	5.83	7.71
Current Unearned Revenue	574.23	556.49	639.06	621.89	553.33	384.8
Other Current Liabilities	196.57	189.55	197.38	164.53	201.82	146.41
Total Current Liabilities	1,502	1,435	1,441	1,262	1,247	1,105
Long-Term Debt	-	22	-	-	-	-
Long-Term Leases	0.31	0.17	0.28	0.23	0.41	0.12
Long-Term Unearned Revenue	34.95	36.35	43.89	48.32	48.86	29.63
Total Liabilities	1,537	1,494	1,486	1,311	1,296	1,134
Common Stock	239.99	239.99	239.99	239.99	239.99	239.99
Additional Paid-In Capital	1,394	1,394	1,394	1,385	1,376	1,376
Retained Earnings	802.01	725.76	596.46	344.63	183.86	626.95
Treasury Stock	-	-	-	-	-71.81	-71.81
Comprehensive Income & Other	-2.5	-2.5	-2.5	-2.5	-2.5	-2.5
Total Common Equity	2,433	2,357	2,228	1,967	1,726	2,169
Minority Interest	19	19.33	-52.69	-57.05	-56.74	34.31
Shareholders' Equity	2,452	2,377	2,175	1,910	1,669	2,203
Total Liabilities & Equity	3,990	3,870	3,661	3,221	2,966	3,337
Total Debt	57.71	75.11	45	13.21	64.56	64.11
Net Cash (Debt)	1,359	1,242	1,027	805.17	525.77	496.99
Net Cash Growth	36.45%	20.92%	27.61%	53.14%	5.79%	-44.25%
Net Cash Per Share	5.68	5.19	4.28	3.41	2.19	2.14
Filing Date Shares Outstanding	240	237.93	239.99	239.99	234.99	234.99
Total Common Shares Outstanding	240	237.93	239.99	239.99	234.99	234.99
Working Capital	1,787	1,750	1,495	1,258	1,046	1,043
Book Value Per Share	10.14	9.91	9.28	8.20	7.34	9.23
Tangible Book Value	2,372	2,295	2,164	1,900	1,658	2,086
Tangible Book Value Per Share	9.88	9.65	9.02	7.92	7.05	8.88
Buildings	-	-	471.92	472.71	468.49	576.47
Machinery	-	-	284.33	278.2	372.86	649.18
Construction In Progress	-	-	1.14	0.04	0.93	79.93

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.