SHE:002518 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	293.1	503.65	492.3	1,552	1,730	416.41
Short-Term Investments	-	379.67	366.3	54.34	-	-
Trading Asset Securities	1,420	1,213	597.02	240.05	216.45	1,122
Cash & Short-Term Investments	1,713	2,096	1,456	1,847	1,946	1,539
Cash Growth	157.41%	44.00%	-21.17%	-5.12%	26.46%	6.77%
Accounts Receivable	1,716	1,720	1,623	1,522	1,349	1,001
Other Receivables	16.02	15.89	25.87	21.29	9.64	72.09
Receivables	1,732	1,736	1,649	1,543	1,359	1,073
Inventory	1,111	955.12	1,049	1,100	957.56	675.99
Other Current Assets	191.48	78.52	35.4	22.85	74.68	26.92
Total Current Assets	4,747	4,866	4,188	4,513	4,337	3,315
Property, Plant & Equipment	1,428	1,426	1,315	1,238	1,153	1,104
Long-Term Investments	69.19	1,093	1,183	630.11	246.87	83.37
Goodwill	5.15	5.15	5.15	5.15	5.15	5.15
Other Intangible Assets	248.36	252	257.65	254.72	225.2	229.95
Long-Term Accounts Receivable	-	18.78	14.01	10.76	-	-
Long-Term Deferred Tax Assets	104.98	102.45	109.77	121.84	104.55	81.98
Long-Term Deferred Charges	17.11	18.74	24.66	25.67	31.08	14.51
Other Long-Term Assets	1,480	79.79	86.9	84.07	117.08	116.3
Total Assets	8,100	7,861	7,185	6,883	6,220	4,951
Accounts Payable	2,082	2,011	1,679	1,616	1,818	1,348
Accrued Expenses	123.14	172.08	147.99	133.63	151.35	135.79
Short-Term Debt	144.59	151.85	274.36	112.54	64.84	31.89
Current Portion of Leases	-	5.77	4.69	3.77	3.48	4.97
Current Income Taxes Payable	71.32	56.81	37.41	89.91	96.7	21.89
Current Unearned Revenue	211.15	192.87	282.15	186.67	203.64	108.35
Other Current Liabilities	93.24	59.98	40.3	139.51	20.16	17.34
Total Current Liabilities	2,725	2,651	2,466	2,282	2,358	1,668
Long-Term Leases	15.38	16.59	17.55	14.66	15.97	15.56
Long-Term Unearned Revenue	49.73	51.17	56.94	46.45	54.12	37.07
Long-Term Deferred Tax Liabilities	0.74	0.64	0.52	0.52	0.63	1.68
Other Long-Term Liabilities	242.44	227.46	211.79	228.84	178.56	125.53
Total Liabilities	3,034	2,947	2,753	2,573	2,608	1,848
Common Stock	582.23	582.23	582.23	586.88	582.45	582.45
Additional Paid-In Capital	552.45	543.07	535.59	634.13	503.42	503.42
Retained Earnings	3,877	3,739	3,262	3,131	2,489	1,978
Treasury Stock	-	-	-	-103.53	-2	-2
Comprehensive Income & Other	-36.39	-37.11	-30.9	-26.67	-26.48	0.12
Total Common Equity	4,976	4,827	4,349	4,222	3,547	3,062
Minority Interest	90.41	87.61	82.9	88.29	66.08	40.53
Shareholders' Equity	5,066	4,915	4,432	4,310	3,613	3,103
Total Liabilities & Equity	8,100	7,861	7,185	6,883	6,220	4,951
Total Debt	159.97	174.21	296.61	130.97	84.28	52.42
Net Cash (Debt)	1,553	1,922	1,159	1,716	1,862	1,486
Net Cash Growth	191.27%	65.82%	-32.44%	-7.85%	25.25%	5.32%
Net Cash Per Share	2.68	3.30	2.00	2.94	3.20	2.55
Filing Date Shares Outstanding	582.23	582.23	582.23	588.4	582.23	582.23
Total Common Shares Outstanding	582.23	582.23	582.23	588.4	582.23	582.23
Working Capital	2,022	2,215	1,722	2,231	1,979	1,647
Book Value Per Share	8.55	8.29	7.47	7.18	6.09	5.26
Tangible Book Value	4,722	4,570	4,086	3,962	3,316	2,827
Tangible Book Value Per Share	8.11	7.85	7.02	6.73	5.70	4.86
Buildings	-	948.01	858.38	846.46	732.31	703.37
Machinery	-	931.77	849.38	808.08	731.47	668.18
Construction In Progress	-	253.52	227.67	123.71	130.5	119.09

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