SHE:002406 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	622.75	725.46	772.83	646.9	757.08	637.21
Short-Term Investments	-	50.18	-	-	430	-
Trading Asset Securities	383.16	411.62	552.04	618.05	602.06	502.97
Cash & Short-Term Investments	1,006	1,187	1,325	1,265	1,789	1,140
Cash Growth	-19.57%	-10.39%	4.74%	-29.30%	56.92%	-26.19%
Accounts Receivable	1,172	1,142	793.51	825.12	701.07	947.66
Other Receivables	3.99	2.51	2.08	2.18	4.8	4.73
Receivables	1,176	1,145	795.59	827.3	705.86	952.38
Inventory	556.39	506.48	514.66	486.98	472.82	409.59
Prepaid Expenses	-	0.32	7.72	11.02	2.06	11.11
Other Current Assets	785.86	689.89	61.68	69.91	45.02	106.5
Total Current Assets	3,524	3,529	2,705	2,660	3,015	2,620
Property, Plant & Equipment	1,005	1,020	1,065	1,103	1,017	979.15
Long-Term Investments	7.47	128.25	568.58	557.92	21.28	460.96
Other Intangible Assets	376	378.8	389.75	401.25	410.69	395.11
Long-Term Deferred Tax Assets	44.56	44.7	41.93	41.64	41.22	40.41
Other Long-Term Assets	199.85	30.52	48.1	47.34	48.96	47.77
Total Assets	5,156	5,131	4,818	4,811	4,554	4,543
Accounts Payable	438.34	442.62	251.39	249.93	215.55	211.75
Accrued Expenses	4.46	61.86	44.86	61.73	99.12	93.2
Short-Term Debt	-	2.41	41.49	58.32	-	-
Current Income Taxes Payable	21.46	8.33	4.24	5.5	3.51	3.25
Current Unearned Revenue	8.82	7.66	8.22	7.95	7.33	7.89
Other Current Liabilities	321.87	288.45	223.75	228.48	109.44	194.2
Total Current Liabilities	794.95	811.32	573.95	611.92	434.95	510.3
Long-Term Debt	-	-	-	-	479	457.75
Long-Term Unearned Revenue	138.84	142.27	127.58	129.73	123.43	112.67
Long-Term Deferred Tax Liabilities	41.55	41.53	36.13	36.77	26.73	28.89
Other Long-Term Liabilities	27.2	23.31	21.15	18.71	-	-
Total Liabilities	1,003	1,018	758.81	797.14	1,064	1,110
Common Stock	730.23	730.23	730.23	730.23	624.17	624.16
Additional Paid-In Capital	1,704	-	-	1,704	1,189	1,189
Retained Earnings	1,684	1,639	1,592	1,547	1,515	1,493
Comprehensive Income & Other	-	1,704	1,704	-	127.7	127.71
Total Common Equity	4,118	4,073	4,026	3,981	3,457	3,434
Minority Interest	35.6	39.63	32.84	33.17	33.3	-
Shareholders' Equity	4,154	4,113	4,059	4,014	3,490	3,434
Total Liabilities & Equity	5,156	5,131	4,818	4,811	4,554	4,543
Total Debt	-	2.41	41.49	58.32	479	457.75
Net Cash (Debt)	1,006	1,185	1,283	1,207	1,310	682.43
Net Cash Growth	-19.50%	-7.68%	6.36%	-7.90%	91.98%	-38.44%
Net Cash Per Share	1.33	1.59	1.74	1.80	1.98	0.96
Filing Date Shares Outstanding	750.38	730.23	730.23	730.23	624.17	624.16
Total Common Shares Outstanding	750.38	730.23	730.23	730.23	624.17	624.16
Working Capital	2,729	2,717	2,131	2,048	2,580	2,109
Book Value Per Share	5.49	5.58	5.51	5.45	5.54	5.50
Tangible Book Value	3,742	3,694	3,636	3,580	3,046	3,038
Tangible Book Value Per Share	4.99	5.06	4.98	4.90	4.88	4.87
Buildings	-	923.67	919.35	857.09	634.42	633.66
Machinery	-	1,148	1,122	1,081	984.38	943.19
Construction In Progress	-	2.85	4.87	49.38	194.7	95.85

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