SHE:002394 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	Dec '21 Dec 31, 2021
Cash & Equivalents	564.58	823	503.48	479.4	409.07	384.54
Short-Term Investments	-	-	-	13.55	155.44	18.14
Trading Asset Securities	1,184	795.23	934.32	892.42	1,088	1,147
Cash & Short-Term Investments	1,749	1,618	1,438	1,385	1,653	1,550
Cash Growth	3.10%	12.55%	3.78%	-16.18%	6.65%	-13.76%
Accounts Receivable	683.86	625.32	679.24	693.67	778.82	652.28
Other Receivables	9.52	9.51	51.85	55.46	30.27	3.59
Receivables	693.38	634.83	731.09	749.14	809.08	655.86
Inventory	1,060	1,563	1,215	1,246	764.31	954.54
Other Current Assets	302.65	293.78	116.31	309.82	177.69	183.74
Total Current Assets	3,805	4,110	3,500	3,690	3,404	3,344
Property, Plant & Equipment	1,581	1,619	2,170	2,229	2,143	1,535
Long-Term Investments	7.83	14.89	15.82	8.27	8.64	18.89
Goodwill	1.56	1.56	1.41	1.41	1.41	1.41
Other Intangible Assets	171.88	173.94	185.06	188.47	191.77	182.56
Long-Term Deferred Tax Assets	8.59	7.83	10.33	9.62	20.93	19.77
Long-Term Deferred Charges	6.26	7.42	54.66	51	54.77	42.93
Other Long-Term Assets	45.6	43.83	39.17	46.31	60.42	148.72
Total Assets	5,628	5,978	5,977	6,224	5,885	5,294
Accounts Payable	290.05	339.66	265	327.95	297.73	299.98
Accrued Expenses	66.02	103.48	140.56	136.61	121.24	108.82
Short-Term Debt	196.69	424.01	586.56	790.8	368.7	160.17
Current Portion of Long-Term Debt	198.53	0.55	248.18	230.2	300.31	-
Current Portion of Leases	-	-	2.05	1.99	2	2.63
Current Income Taxes Payable	30.12	24.13	28.14	26.68	19.92	11.67
Current Unearned Revenue	138.12	205.75	67.54	82.42	39.07	33.11
Other Current Liabilities	158.59	107.79	109.46	180.46	285.96	244.09
Total Current Liabilities	1,078	1,205	1,447	1,777	1,435	860.46
Long-Term Debt	84.89	284.02	199.16	335.74	265.08	500.71
Long-Term Leases	0.24	0.24	2.38	4.11	2.9	4.9
Long-Term Unearned Revenue	27.76	23.52	76.67	53.66	47.11	28.31
Long-Term Deferred Tax Liabilities	43.4	61.11	87.12	108.57	111.09	109.64
Other Long-Term Liabilities	2.88	2.9	1.74	5.76	14.57	12.73
Total Liabilities	1,237	1,577	1,815	2,285	1,876	1,517
Common Stock	323.7	323.7	323.7	323.7	323.7	328.88
Additional Paid-In Capital	960.69	960.69	960.69	960.69	963.44	983.82
Retained Earnings	3,027	3,015	2,744	2,542	2,652	2,492
Treasury Stock	-	-	-	-	-	-25.59
Comprehensive Income & Other	27.79	48.84	77.44	59.77	44.81	-11.02
Total Common Equity	4,339	4,349	4,106	3,887	3,984	3,769
Minority Interest	52.03	52.49	56.36	52.65	25.06	8.5
Shareholders' Equity	4,391	4,401	4,162	3,939	4,009	3,777
Total Liabilities & Equity	5,628	5,978	5,977	6,224	5,885	5,294
Total Debt	480.35	708.81	1,038	1,363	938.99	668.41
Net Cash (Debt)	1,269	909.42	399.46	22.53	713.82	881.27
Net Cash Growth	124.57%	127.66%	1672.65%	-96.84%	-19.00%	-33.03%
Net Cash Per Share	3.93	2.81	1.23	0.07	2.19	2.66
Filing Date Shares Outstanding	323.7	321.18	323.7	323.7	323.7	328.88
Total Common Shares Outstanding	323.7	321.18	323.7	323.7	323.7	328.88
Working Capital	2,727	2,904	2,053	1,913	1,969	2,483
Book Value Per Share	13.40	13.54	12.68	12.01	12.31	11.46
Tangible Book Value	4,165	4,173	3,919	3,697	3,791	3,585
Tangible Book Value Per Share	12.87	12.99	12.11	11.42	11.71	10.90
Buildings	-	-	1,170	1,122	886.67	663.1
Machinery	-	-	3,219	3,117	2,891	2,564
Construction In Progress	-	-	12.84	45.07	356.73	195.6

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