SHE:002397 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	278.48	396.23	309.11	356.76	290.59	403.52
Trading Asset Securities	0.03	0.04	1.72	-	6.02	-
Cash & Short-Term Investments	278.52	396.27	310.82	356.76	296.61	403.52
Cash Growth	5.37%	27.49%	-12.88%	20.28%	-26.49%	-23.30%
Accounts Receivable	129.35	156.87	129.08	129.74	179.36	344
Other Receivables	25.85	27.52	29.98	32.93	27.06	120.09
Receivables	155.2	184.39	159.06	162.67	206.41	464.09
Inventory	442.13	432.14	486.57	523.43	611.35	766.41
Prepaid Expenses	-	3.36	0.81	5.38	11.65	13.23
Other Current Assets	24.77	36.98	54.76	40.38	48.75	105.32
Total Current Assets	900.61	1,053	1,012	1,089	1,175	1,753
Property, Plant & Equipment	1,044	1,047	1,098	1,078	1,080	1,028
Long-Term Investments	11.31	11.65	9.06	14.04	14.93	67.63
Goodwill	48.91	48.91	48.91	48.91	48.91	48.91
Other Intangible Assets	113.21	115.63	126.13	136.88	137.33	142.99
Long-Term Deferred Tax Assets	21.37	20.13	35.55	44.16	59.71	87.05
Long-Term Deferred Charges	43.77	41.98	42.28	77.79	98.65	125.6
Other Long-Term Assets	146.91	146.35	153.23	146.47	160.84	158.14
Total Assets	2,330	2,485	2,525	2,634	2,775	3,411
Accounts Payable	505.7	515.1	584.52	781.59	720.67	710.05
Accrued Expenses	12.05	79.28	115.18	79.45	45.16	41.09
Short-Term Debt	289.72	420.26	396.28	283.39	473.35	729.02
Current Portion of Long-Term Debt	-	-	-	34.03	4.3	41.21
Current Portion of Leases	7	7.07	9.61	11.44	20.06	10.4
Current Income Taxes Payable	25.03	5.48	6.05	8.65	8.08	14.29
Current Unearned Revenue	65.3	71.33	54.55	60.61	79	60.34
Other Current Liabilities	158.61	146.11	145.16	168.15	168.05	126.73
Total Current Liabilities	1,063	1,245	1,311	1,427	1,519	1,733
Long-Term Debt	0.28	0.28	0.28	0.28	34.28	15.17
Long-Term Leases	22.96	13	21.11	14.43	47.64	33.5
Long-Term Unearned Revenue	17.82	17.34	19.69	19.87	22	20.7
Long-Term Deferred Tax Liabilities	5.87	6.01	7.48	7.42	9.89	5.13
Other Long-Term Liabilities	-	-	-	-	0.33	0.1
Total Liabilities	1,110	1,281	1,360	1,469	1,633	1,808
Common Stock	747.78	747.78	747.78	750.78	754.38	755.98
Additional Paid-In Capital	631.35	631.21	637.23	639.59	642.41	647
Retained Earnings	-152.9	-168.74	-216.41	-225.63	-248.05	200.18
Treasury Stock	-	-	-	-5.94	-13.07	-16.24
Comprehensive Income & Other	-0.96	-0.82	-0.76	4.35	5.04	4.6
Total Common Equity	1,225	1,209	1,168	1,163	1,141	1,592
Minority Interest	-5.36	-5.59	-2.89	1.96	1.5	12.01
Shareholders' Equity	1,220	1,204	1,165	1,165	1,142	1,604
Total Liabilities & Equity	2,330	2,485	2,525	2,634	2,775	3,411
Total Debt	319.95	440.6	427.28	343.57	579.62	829.31
Net Cash (Debt)	-41.44	-44.33	-116.45	13.18	-283.02	-425.79
Net Cash Per Share	-0.05	-0.06	-0.18	0.02	-0.37	-0.57
Filing Date Shares Outstanding	747.78	747.78	747.78	750.78	754.38	755.98
Total Common Shares Outstanding	747.78	747.78	747.78	750.78	754.38	755.98
Working Capital	-162.78	-191.49	-299.33	-338.71	-343.9	19.41
Book Value Per Share	1.64	1.62	1.56	1.55	1.51	2.11
Tangible Book Value	1,063	1,045	992.81	977.35	954.47	1,400
Tangible Book Value Per Share	1.42	1.40	1.33	1.30	1.27	1.85
Buildings	-	1,223	1,223	1,117	981.21	973.61
Machinery	-	378.74	370.66	362.85	352.71	339.28
Construction In Progress	-	8.74	7.63	68.94	126.64	68.94

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