SHE:002457 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	511.54	770.62	557.74	439.52	390.39	341.52
Short-Term Investments	-	-	-	-	11.19	19.8
Trading Asset Securities	80	116	40	20	121.5	107
Cash & Short-Term Investments	591.54	886.62	597.74	459.52	523.07	468.32
Cash Growth	33.45%	48.33%	30.08%	-12.15%	11.69%	-11.10%
Accounts Receivable	1,328	1,511	1,665	1,582	1,566	1,385
Other Receivables	62.09	59.07	83.92	99.7	79.09	116.38
Receivables	1,391	1,570	1,750	1,738	1,670	1,502
Inventory	906.77	621.87	662.66	663.86	590.2	742.96
Prepaid Expenses	-	1.75	1.81	6.04	0.87	2.6
Other Current Assets	412.23	237.47	237.36	184.16	303.37	167.32
Total Current Assets	3,301	3,318	3,249	3,051	3,087	2,883
Property, Plant & Equipment	871.34	886.35	745.81	696.74	547.58	553.17
Long-Term Investments	128.84	132.95	125.09	128.29	137.77	159.52
Goodwill	89.47	89.47	89.47	89.47	89.47	89.47
Other Intangible Assets	161.54	162.74	166.46	162.34	138.45	149.83
Long-Term Deferred Tax Assets	41.46	40.44	74.98	73.67	54.21	47.23
Long-Term Deferred Charges	6.28	6.63	2.93	1.58	1.22	3.55
Other Long-Term Assets	48.05	48.4	48.92	64.84	69.83	89.22
Total Assets	4,649	4,686	4,538	4,305	4,166	4,018
Accounts Payable	557.84	684.46	728.42	529.89	486.43	490.45
Accrued Expenses	72.65	179.23	117.19	141.25	220.99	181.99
Short-Term Debt	778.41	588.16	595.08	423.7	523.35	493.83
Current Portion of Long-Term Debt	3.25	3	1.5	30.08	15.05	30.04
Current Portion of Leases	-	2.91	1.94	0.27	0.49	-
Current Income Taxes Payable	20.28	10.86	26.13	11.65	13.61	16.75
Current Unearned Revenue	274.01	271.77	191.16	329.98	152.78	181.81
Other Current Liabilities	117.97	114.23	99.22	244.52	155.06	237.69
Total Current Liabilities	1,824	1,855	1,761	1,711	1,568	1,633
Long-Term Debt	-	0.1	4.5	50	30	-
Long-Term Leases	15.42	15.79	4.27	2.47	0.85	-
Long-Term Unearned Revenue	26.28	24.42	25.59	27.08	27.6	27.46
Long-Term Deferred Tax Liabilities	17.3	17.93	38.87	35.13	20.45	23.59
Other Long-Term Liabilities	3.29	3.28	5.04	1.82	1.79	1.79
Total Liabilities	1,887	1,916	1,839	1,828	1,648	1,685
Common Stock	333.49	333.49	333.49	334.99	334.99	334.99
Additional Paid-In Capital	838.27	838.27	837.67	840.31	837.67	820.76
Retained Earnings	1,385	1,391	1,314	1,106	1,147	1,039
Treasury Stock	-20.1	-20.1	-20.1	-11.08	-11.08	-11.08
Comprehensive Income & Other	2.57	2.59	2.53	3.01	3.55	0.01
Total Common Equity	2,539	2,545	2,468	2,273	2,312	2,183
Minority Interest	223.4	224.56	231.34	203.77	205.24	148.76
Shareholders' Equity	2,762	2,770	2,699	2,477	2,517	2,332
Total Liabilities & Equity	4,649	4,686	4,538	4,305	4,166	4,018
Total Debt	797.08	609.96	607.28	506.52	569.74	523.87
Net Cash (Debt)	-205.55	276.67	-9.54	-47	-46.67	-55.55
Net Cash Per Share	-0.60	0.83	-0.03	-0.13	-0.14	-0.17
Filing Date Shares Outstanding	317.06	330.33	330.33	333.49	333.49	333.49
Total Common Shares Outstanding	317.06	330.33	330.33	333.49	333.49	333.49
Working Capital	1,477	1,463	1,489	1,340	1,519	1,250
Book Value Per Share	8.01	7.71	7.47	6.82	6.93	6.55
Tangible Book Value	2,288	2,293	2,212	2,022	2,084	1,944
Tangible Book Value Per Share	7.22	6.94	6.70	6.06	6.25	5.83
Buildings	-	650.64	613.05	578.3	434.07	444.68
Machinery	-	924	818.18	768.9	696.73	698.16
Construction In Progress	-	6.53	53.11	35.2	83.85	33.96

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