SHE:002437 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	663.65	-	481.96	711.28	1,238	1,496
Trading Asset Securities	284.08	-	30	-	50.56	-
Cash & Short-Term Investments	947.73	830.04	511.96	711.28	1,288	1,496
Cash Growth	57.43%	62.13%	-28.02%	-44.79%	-13.87%	67.04%
Accounts Receivable	138.46	-	128.62	207.67	236.82	235.59
Other Receivables	27.08	-	18.87	26.65	36.53	82.85
Receivables	165.54	-	147.49	234.32	273.35	318.45
Inventory	206.7	-	188.67	190.67	214.14	352.09
Other Current Assets	29.14	-	29.06	18.19	40.4	34.17
Total Current Assets	1,349	-	877.19	1,154	1,816	2,200
Property, Plant & Equipment	959.27	-	1,029	1,059	1,119	1,235
Long-Term Investments	250.1	-	277.56	298.23	458.25	498.33
Goodwill	369.03	-	369.03	369.03	369.03	411.16
Other Intangible Assets	154.5	-	166.66	191.3	221.18	290.34
Long-Term Deferred Tax Assets	15.96	-	16.46	21.01	33.77	24.19
Long-Term Deferred Charges	8.15	-	14.45	8.23	9.7	17.21
Other Long-Term Assets	35.47	-	74.73	51.58	46.62	18.21
Total Assets	3,142	-	2,825	3,152	4,074	4,695
Accounts Payable	79.27	-	60.45	69.88	75.48	270.49
Accrued Expenses	15.97	-	86.51	109.41	516.94	527.16
Short-Term Debt	20.02	-	-	675.69	1,455	1,558
Current Portion of Long-Term Debt	1.39	-	-	-	-	-
Current Portion of Leases	-	-	1.33	-	-	-
Current Income Taxes Payable	30.22	-	10.23	9.67	10.26	9.33
Current Unearned Revenue	24.02	-	44.2	50.03	83.17	86.98
Other Current Liabilities	538.68	-	620.33	496.47	195.49	226.24
Total Current Liabilities	709.56	-	823.03	1,411	2,336	2,678
Long-Term Leases	0.14	-	1.95	-	-	-
Long-Term Unearned Revenue	12.11	-	12.92	17.87	21.43	24.53
Long-Term Deferred Tax Liabilities	13.06	-	13.28	12.12	12.87	12.55
Other Long-Term Liabilities	1.08	-	1.08	1.08	0.03	0.82
Total Liabilities	735.96	-	852.26	1,442	2,371	2,716
Common Stock	2,230	-	2,280	2,198	2,198	2,198
Additional Paid-In Capital	413.68	-	456.81	380.47	471.13	448.21
Retained Earnings	-209.61	-	-680.75	-913.51	-1,034	-742.51
Treasury Stock	-40.23	-	-102.03	-	-	-
Comprehensive Income & Other	-5.72	-	-3.09	-3.32	-4.17	-9.61
Total Common Equity	2,388	2,157	1,951	1,662	1,631	1,894
Minority Interest	17.64	-	22.15	48.46	72.3	84.7
Shareholders' Equity	2,406	2,178	1,973	1,710	1,704	1,979
Total Liabilities & Equity	3,142	-	2,825	3,152	4,074	4,695
Total Debt	21.55	72.39	3.28	675.69	1,455	1,558
Net Cash (Debt)	926.18	757.65	508.68	35.59	-166.67	-62.42
Net Cash Growth	75.06%	48.94%	1329.47%	-	-	-
Net Cash Per Share	0.42	0.35	0.22	0.02	-0.08	-0.03
Filing Date Shares Outstanding	2,192	2,188	2,280	2,198	2,198	2,198
Total Common Shares Outstanding	2,192	2,246	2,280	2,198	2,198	2,198
Working Capital	639.55	-	54.16	-256.7	-520.11	-477.9
Book Value Per Share	1.09	0.96	0.86	0.76	0.74	0.86
Tangible Book Value	1,864	1,617	1,415	1,101	1,041	1,193
Tangible Book Value Per Share	0.85	0.72	0.62	0.50	0.47	0.54
Buildings	-	-	1,233	1,232	1,239	1,310
Machinery	-	-	797.43	807.63	803.46	801.97
Construction In Progress	-	-	1.89	3.05	12.89	1.8

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