SHE:002522 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	444.24	559.29	638.74	762.69	745.03	255.52
Trading Asset Securities	210	80.41	80.08	60.65	126.84	229.35
Cash & Short-Term Investments	654.24	639.7	718.82	823.34	871.87	484.87
Cash Growth	-14.39%	-11.01%	-12.70%	-5.57%	79.81%	-52.31%
Accounts Receivable	139.36	123.21	128.5	121.82	133.7	125.16
Other Receivables	2.77	2.72	3.86	5.15	5.26	5.65
Receivables	142.13	125.93	132.36	126.97	138.96	130.81
Inventory	451.63	448.71	393.84	624.66	630.44	615.14
Prepaid Expenses	-	-	2.9	0.85	0.5	-
Other Current Assets	30.71	27.12	40.83	25.6	31.26	51.71
Total Current Assets	1,279	1,241	1,289	1,601	1,673	1,283
Property, Plant & Equipment	1,302	1,327	1,477	1,544	1,550	1,437
Long-Term Investments	71.39	72.41	559.19	390.84	306.74	79.22
Other Intangible Assets	91.88	92.66	95.12	96.79	98.91	101.48
Long-Term Deferred Tax Assets	2.88	3.68	4.71	2.48	3.22	5.52
Long-Term Deferred Charges	5.53	2.2	4.11	5.29	6.57	8.18
Other Long-Term Assets	649.26	657.55	146.82	28.82	27.78	673.34
Total Assets	3,402	3,397	3,576	3,669	3,666	3,587
Accounts Payable	119.61	97.93	124.7	174.18	184.09	267.18
Accrued Expenses	18.03	28.59	42.45	39.1	42.04	46.86
Short-Term Debt	669.25	533.95	363.66	382.09	490.88	767.09
Current Portion of Long-Term Debt	124.39	262.5	445.51	402.24	222.8	80.36
Current Portion of Leases	-	-	0.36	0.18	-	0.06
Current Income Taxes Payable	9.6	16.99	8.2	5.73	1.5	11.12
Current Unearned Revenue	23.45	22.06	43.86	19.16	58.28	27.75
Other Current Liabilities	68.66	68.22	63.67	63.22	76.64	71.78
Total Current Liabilities	1,033	1,030	1,092	1,086	1,076	1,272
Long-Term Debt	53	53	148	249	295.8	210
Long-Term Leases	-	-	-	0.19	-	0.49
Long-Term Unearned Revenue	32.28	33.08	37.19	26.76	29.69	30.29
Total Liabilities	1,118	1,116	1,278	1,362	1,402	1,513
Common Stock	905.78	905.78	905.78	905.78	905.78	905.78
Additional Paid-In Capital	630.47	630.47	630.47	630.47	630.47	630.47
Retained Earnings	790.18	774.9	739.28	696.82	619.95	493.7
Comprehensive Income & Other	4.03	4.96	8.41	5.91	4.44	-3.28
Total Common Equity	2,330	2,316	2,284	2,239	2,161	2,027
Minority Interest	-46.69	-35.35	14.55	68.35	104.08	47.13
Shareholders' Equity	2,284	2,281	2,298	2,307	2,265	2,074
Total Liabilities & Equity	3,402	3,397	3,576	3,669	3,666	3,587
Total Debt	846.64	849.45	957.53	1,034	1,009	1,058
Net Cash (Debt)	-192.4	-209.75	-238.71	-210.36	-137.61	-573.14
Net Cash Per Share	-0.20	-0.22	-0.26	-0.22	-0.15	-0.65
Filing Date Shares Outstanding	764.26	1,023	905.78	905.78	905.78	905.78
Total Common Shares Outstanding	764.26	1,023	905.78	905.78	905.78	905.78
Working Capital	245.72	211.23	196.31	515.52	596.81	10.33
Book Value Per Share	3.05	2.26	2.52	2.47	2.39	2.24
Tangible Book Value	2,239	2,223	2,189	2,142	2,062	1,925
Tangible Book Value Per Share	2.93	2.17	2.42	2.37	2.28	2.13
Buildings	-	-	1,183	1,110	967.77	932.82
Machinery	-	-	1,399	1,348	1,255	1,045
Construction In Progress	-	-	18.63	58.3	164.08	171.56

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