SHE:002507 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	3,448	4,062	3,272	3,680	3,414	3,086
Short-Term Investments	-	401.68	100.25	922.37	1,738	2,367
Trading Asset Securities	2,663	2,246	3,399	1,811	1,113	-
Cash & Short-Term Investments	6,111	6,710	6,771	6,413	6,265	5,453
Cash Growth	-7.62%	-0.90%	5.58%	2.36%	14.88%	211.70%
Accounts Receivable	93.23	29.17	8.19	10.5	5.57	2.87
Other Receivables	4.05	2.91	5.34	4.2	3.07	7.83
Receivables	97.28	32.07	13.54	14.7	8.64	10.69
Inventory	691.88	626.16	561.51	495.37	470.44	401.3
Prepaid Expenses	-	11.4	5.4	0.8	1.78	1.1
Other Current Assets	438.23	28.26	8.28	10.41	15.21	27.73
Total Current Assets	7,339	7,408	7,360	6,934	6,761	5,894
Property, Plant & Equipment	1,788	1,703	1,398	1,194	1,204	1,279
Long-Term Investments	2.05	2.05	2.05	2.05	2.05	2.05
Goodwill	38.91	38.91	38.91	38.91	38.91	38.91
Other Intangible Assets	509.22	512.21	478.73	488.95	499.71	507.48
Long-Term Deferred Tax Assets	13.94	14.07	14.76	14.01	23.29	22.91
Other Long-Term Assets	7.04	5.73	101.67	97.15	72.59	4.43
Total Assets	9,698	9,684	9,394	8,769	8,602	7,749
Accounts Payable	255.75	233.74	235.87	146.62	165.15	154.26
Accrued Expenses	48.85	115.58	173.51	105.15	219.72	119.32
Current Portion of Leases	0.48	0.85	0.84	-	-	-
Current Income Taxes Payable	59.21	6.01	3.94	20.92	52.61	31.65
Current Unearned Revenue	39.61	93.74	53.01	60.4	161.51	90.29
Other Current Liabilities	160.31	370.24	119	97.24	138.64	74.15
Total Current Liabilities	564.21	820.16	586.19	430.34	737.63	469.67
Long-Term Leases	0.03	0.08	0.91	0.1	1.53	2.86
Long-Term Unearned Revenue	87.12	87.51	86.91	77.08	76.55	80.91
Long-Term Deferred Tax Liabilities	12.36	14.32	10.27	5.63	19.11	16.38
Other Long-Term Liabilities	11.83	11.83	11.83	11.83	11.83	11.83
Total Liabilities	675.55	933.91	696.11	524.99	846.65	581.65
Common Stock	1,154	1,154	1,154	1,154	887.63	887.63
Additional Paid-In Capital	2,937	2,937	2,937	2,937	3,203	3,203
Retained Earnings	4,932	4,660	4,607	4,154	3,665	3,076
Shareholders' Equity	9,023	8,750	8,698	8,244	7,755	7,167
Total Liabilities & Equity	9,698	9,684	9,394	8,769	8,602	7,749
Total Debt	0.51	0.93	1.76	0.1	1.53	2.86
Net Cash (Debt)	6,111	6,709	6,769	6,413	6,263	5,451
Net Cash Growth	-7.61%	-0.89%	5.56%	2.38%	14.91%	211.54%
Net Cash Per Share	5.33	5.85	5.84	5.59	5.44	4.92
Filing Date Shares Outstanding	1,154	1,154	1,154	1,154	1,154	1,154
Total Common Shares Outstanding	1,154	1,154	1,154	1,154	1,154	1,154
Working Capital	6,774	6,588	6,773	6,504	6,023	5,425
Book Value Per Share	7.82	7.58	7.54	7.14	6.72	6.21
Tangible Book Value	8,475	8,199	8,180	7,717	7,217	6,621
Tangible Book Value Per Share	7.34	7.11	7.09	6.69	6.25	5.74
Buildings	-	1,284	1,234	1,234	1,232	1,204
Machinery	-	640.33	653.51	636.55	643.65	626.49
Construction In Progress	-	654.84	413.78	138.25	55.83	74.29

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