SHE:002390 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	1,154	1,114	1,016	805.98	899.18	624.65
Cash & Short-Term Investments	1,154	1,114	1,016	805.98	899.18	624.65
Cash Growth	17.08%	9.69%	26.00%	-10.37%	43.95%	-64.84%
Accounts Receivable	2,492	2,468	2,691	3,036	3,091	3,082
Other Receivables	258.95	263.89	320.24	324.63	448.8	600.56
Receivables	2,751	2,732	3,012	3,361	3,540	3,682
Inventory	841.38	901.23	1,060	1,001	1,033	935.71
Prepaid Expenses	-	0.08	0.02	0.03	0.02	0.02
Other Current Assets	117.68	95.99	164.39	243.61	334.34	333.72
Total Current Assets	4,864	4,843	5,252	5,412	5,806	5,576
Property, Plant & Equipment	2,300	2,339	2,426	2,518	2,672	2,706
Long-Term Investments	402.52	402.52	337.47	340.47	343.84	347.41
Goodwill	593.64	593.64	603.75	603.75	607.35	607.35
Other Intangible Assets	173.82	176.61	189.54	180.18	204.37	217.65
Long-Term Deferred Tax Assets	108.5	110.27	81.87	74.14	62.81	55.61
Long-Term Deferred Charges	55.19	58.11	69.3	81.84	97.21	118.36
Other Long-Term Assets	66.61	67	68.57	35	-	-
Total Assets	8,564	8,591	9,028	9,245	9,794	9,629
Accounts Payable	724.17	822.55	927.97	903.15	977.24	993.43
Accrued Expenses	15.14	32.76	37.15	35.27	32.99	40.93
Short-Term Debt	264.02	275.7	603.54	809.86	1,368	1,390
Current Portion of Long-Term Debt	124.25	103.8	-	-	-	-
Current Portion of Leases	-	2.32	3	4.4	2.51	-
Current Income Taxes Payable	25.97	16.7	7.6	21.09	17.21	17.79
Current Unearned Revenue	22.01	25.77	25.94	27.98	33.24	55.44
Other Current Liabilities	213.76	184.37	201.68	256.82	255.56	256.6
Total Current Liabilities	1,389	1,464	1,807	2,059	2,687	2,755
Long-Term Debt	19	37	160	-	-	-
Long-Term Leases	19.77	18.03	21	21.12	22.02	24.81
Long-Term Unearned Revenue	19.85	20.22	19.52	22.04	18.89	20.38
Long-Term Deferred Tax Liabilities	13.16	13.19	0.73	0.84	0.56	-
Other Long-Term Liabilities	0.26	0.28	0.29	0.31	0.32	0.34
Total Liabilities	1,461	1,553	2,008	2,103	2,729	2,800
Common Stock	1,944	1,944	1,944	1,944	1,944	2,027
Additional Paid-In Capital	4,403	4,403	4,403	4,403	4,402	4,693
Retained Earnings	618.59	569.93	563.43	633.34	462.74	354.99
Treasury Stock	-199.93	-199.93	-199.93	-127.49	-	-455.38
Comprehensive Income & Other	72.93	72.93	-	-	-	-
Total Common Equity	6,839	6,790	6,710	6,852	6,808	6,620
Minority Interest	263.85	247.95	309.87	289.69	256.55	208.74
Shareholders' Equity	7,102	7,038	7,020	7,142	7,065	6,829
Total Liabilities & Equity	8,564	8,591	9,028	9,245	9,794	9,629
Total Debt	427.03	436.85	787.55	835.38	1,393	1,415
Net Cash (Debt)	726.49	677.04	227.97	-29.4	-493.42	-790.6
Net Cash Growth	297.85%	196.99%	-	-	-	-
Net Cash Per Share	0.38	0.36	0.12	-0.02	-0.26	-0.43
Filing Date Shares Outstanding	1,893	1,896	1,896	1,907	1,944	1,944
Total Common Shares Outstanding	1,893	1,896	1,896	1,907	1,944	1,944
Working Capital	3,474	3,379	3,445	3,353	3,119	2,822
Book Value Per Share	3.61	3.58	3.54	3.59	3.50	3.41
Tangible Book Value	6,071	6,020	5,917	6,068	5,997	5,795
Tangible Book Value Per Share	3.21	3.17	3.12	3.18	3.08	2.98
Buildings	-	2,746	2,517	2,516	2,578	2,396
Machinery	-	1,670	1,716	1,722	1,697	1,641
Construction In Progress	-	0.12	145.02	58.06	24.98	92.38

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