SHE:002446 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	441.29	503.49	790.34	863.83	637.81	754.7
Short-Term Investments	-	-	-	-	-	3.84
Trading Asset Securities	388.95	386.78	4.49	31.82	32	10.23
Cash & Short-Term Investments	830.23	890.27	794.83	895.65	669.81	768.77
Cash Growth	-0.77%	12.01%	-11.26%	33.72%	-12.87%	-18.06%
Accounts Receivable	1,042	974.59	915.3	906.8	965.53	651.06
Other Receivables	9.56	8.54	24.7	38.62	58.96	45.22
Receivables	1,051	983.14	940	945.43	1,024	696.28
Inventory	512.82	525.57	658.81	591.94	595.65	728.7
Prepaid Expenses	-	-	-	-	0.9	0.42
Other Current Assets	30.89	30.46	35.99	40.79	30.64	35.09
Total Current Assets	2,425	2,429	2,430	2,474	2,321	2,229
Property, Plant & Equipment	887.15	848.6	745.59	701.43	526.45	359.68
Long-Term Investments	32.24	32.3	12.86	13.94	51.59	63.83
Goodwill	-	-	-	754.96	858.42	858.42
Other Intangible Assets	161.57	163.91	56.85	132.96	139.48	153.6
Long-Term Deferred Tax Assets	87.68	87.74	80.61	77.63	82.52	82.58
Long-Term Deferred Charges	4.39	4.56	7.31	2.17	14.46	11.53
Other Long-Term Assets	169.38	179.86	245.66	102.16	117.83	120
Total Assets	3,768	3,746	3,579	4,259	4,112	3,879
Accounts Payable	608.78	627.67	635.51	514.76	618.78	710.5
Accrued Expenses	18.14	68.32	69.28	67.08	86.44	63.5
Short-Term Debt	184.55	199.41	119.54	122.47	54.91	-
Current Portion of Long-Term Debt	6.4	23.69	0.17	67.14	-	40
Current Portion of Leases	-	-	0.75	0.35	1.53	1.49
Current Income Taxes Payable	34.09	5.96	2.66	3.86	17.43	6.19
Current Unearned Revenue	4.9	4.21	7.39	6.23	3.62	4.05
Other Current Liabilities	28.94	35.26	44.37	37.05	25.43	39.29
Total Current Liabilities	885.79	964.52	879.68	818.94	808.14	865.02
Long-Term Debt	270.78	181.09	156.8	135.64	49.8	48.26
Long-Term Leases	-	-	-	0.37	0.72	1.2
Long-Term Unearned Revenue	41.89	45.05	46.71	58.27	69.64	80.27
Long-Term Deferred Tax Liabilities	21.73	22.87	24.43	35.89	39.8	23.84
Other Long-Term Liabilities	-	1.02	0.66	-	-	1.82
Total Liabilities	1,220	1,215	1,108	1,049	968.1	1,020
Common Stock	915.42	915.42	915.32	914.03	912.88	908.41
Additional Paid-In Capital	2,183	2,183	2,183	2,165	2,155	2,117
Retained Earnings	-544.74	-569.75	-639.38	110.06	57.67	-185.87
Treasury Stock	-16.56	-7.26	-	-	-	-
Comprehensive Income & Other	7.7	7.67	8.52	17.68	15.19	13.88
Total Common Equity	2,545	2,530	2,467	3,207	3,141	2,854
Minority Interest	2.01	2.29	2.93	3.15	3.56	4.76
Shareholders' Equity	2,547	2,532	2,470	3,210	3,144	2,858
Total Liabilities & Equity	3,768	3,746	3,579	4,259	4,112	3,879
Total Debt	461.73	404.19	277.26	325.97	106.97	90.95
Net Cash (Debt)	368.51	486.08	517.57	569.69	562.85	677.82
Net Cash Growth	-12.90%	-6.08%	-9.15%	1.21%	-16.96%	-17.51%
Net Cash Per Share	0.42	0.56	0.57	0.65	0.62	0.73
Filing Date Shares Outstanding	913.25	913.25	915.32	914.03	912.88	908.41
Total Common Shares Outstanding	913.25	914.42	915.32	914.03	912.88	908.41
Working Capital	1,539	1,465	1,550	1,655	1,513	1,364
Book Value Per Share	2.79	2.77	2.70	3.51	3.44	3.14
Tangible Book Value	2,384	2,366	2,410	2,319	2,143	1,842
Tangible Book Value Per Share	2.61	2.59	2.63	2.54	2.35	2.03
Buildings	-	413.3	441.85	487.06	439.99	302.98
Machinery	-	400.3	366.78	344.38	229.3	255.46
Construction In Progress	-	468.25	328.17	225.55	82.23	74.87