SHE:002424 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	180.67	354.8	395.63	417.94	605.02	465.63
Cash & Short-Term Investments	180.67	354.8	395.63	417.94	605.02	465.63
Cash Growth	-55.21%	-10.32%	-5.34%	-30.92%	29.94%	-54.84%
Accounts Receivable	1,528	1,575	1,954	2,202	2,207	1,981
Other Receivables	83.87	58.04	70.57	159.95	152.98	196.89
Receivables	1,612	1,633	2,024	2,362	2,360	2,178
Inventory	658.04	665.85	1,111	1,164	804.83	825.13
Other Current Assets	75.21	69.6	112.43	70.2	49.71	34.92
Total Current Assets	2,526	2,724	3,644	4,014	3,820	3,503
Property, Plant & Equipment	1,295	1,329	1,372	1,188	1,063	963.73
Long-Term Investments	1,364	1,377	1,336	1,442	1,447	1,473
Goodwill	21.38	21.38	21.38	21.38	20.58	20.58
Other Intangible Assets	192.39	194.29	208.48	197.25	205.1	214.86
Long-Term Deferred Tax Assets	185.5	184.72	230.76	235.47	82.67	66.84
Long-Term Deferred Charges	245.54	242.68	214.98	182.04	147.05	149.18
Other Long-Term Assets	125.79	124.99	107.33	112.16	108.97	82.17
Total Assets	5,955	6,198	7,135	7,392	6,894	6,474
Accounts Payable	748.75	764.77	782.95	904.77	581.28	403.88
Accrued Expenses	9.39	16.56	1,088	1,151	328.03	98.38
Short-Term Debt	971.2	1,020	1,432	1,436	1,481	1,448
Current Portion of Long-Term Debt	147.5	57.06	284.55	0.5	-	201.5
Current Portion of Leases	-	-	8.15	10.57	12.15	8.35
Current Income Taxes Payable	33.48	43.79	9.86	8.4	13.99	16.94
Current Unearned Revenue	66.78	72.51	75.58	92.75	155.91	46.17
Other Current Liabilities	692.2	825.08	118.35	201.19	196.46	199.32
Total Current Liabilities	2,669	2,800	3,800	3,805	2,768	2,422
Long-Term Debt	-	138.63	49.06	199.78	-	-
Long-Term Leases	12.94	13.96	21.95	39.46	74.53	57.66
Long-Term Unearned Revenue	68.04	67.16	61.29	34.96	22.38	23.4
Long-Term Deferred Tax Liabilities	2.6	3.39	3.6	31.08	33.04	28.81
Other Long-Term Liabilities	-	-	-	-	-	64.68
Total Liabilities	2,753	3,023	3,936	4,110	2,898	2,597
Common Stock	1,398	1,398	1,398	1,411	1,411	1,411
Additional Paid-In Capital	166.23	166.23	87.45	174.04	140.96	159.35
Retained Earnings	1,840	1,811	1,916	1,882	2,542	2,404
Treasury Stock	-219.59	-219.59	-219.59	-200.21	-100.2	-100.2
Comprehensive Income & Other	-0.03	-0.04	0.03	0.07	0.05	0.08
Total Common Equity	3,184	3,156	3,181	3,267	3,994	3,875
Minority Interest	18.39	19.28	18.04	14.89	2.27	2.29
Shareholders' Equity	3,202	3,175	3,199	3,282	3,996	3,877
Total Liabilities & Equity	5,955	6,198	7,135	7,392	6,894	6,474
Total Debt	1,132	1,229	1,796	1,686	1,567	1,715
Net Cash (Debt)	-950.98	-874.66	-1,400	-1,268	-962.25	-1,249
Net Cash Per Share	-0.70	-0.67	-0.83	-0.92	-0.69	-0.84
Filing Date Shares Outstanding	1,409	957.22	1,365	1,386	1,398	1,398
Total Common Shares Outstanding	1,409	957.22	1,365	1,386	1,398	1,398
Working Capital	-143.73	-75.98	-156.19	209.03	1,051	1,081
Book Value Per Share	2.26	3.30	2.33	2.36	2.86	2.77
Tangible Book Value	2,970	2,940	2,951	3,049	3,768	3,639
Tangible Book Value Per Share	2.11	3.07	2.16	2.20	2.70	2.60
Buildings	-	-	939.32	749.31	747.37	749.65
Machinery	-	-	921.61	906.73	757.09	672.55
Construction In Progress	-	-	343.79	258.07	182.45	77.92

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