SHE:002546 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	468.94	360.19	274.62	363.44	339.25	316.26
Short-Term Investments	-	-	31.14	-	46.26	-
Trading Asset Securities	3,035	3,108	2,551	2,191	2,135	2,137
Cash & Short-Term Investments	3,504	3,468	2,857	2,554	2,521	2,453
Cash Growth	21.07%	21.40%	11.87%	1.31%	2.75%	-7.50%
Accounts Receivable	338.36	291.58	316.68	350.92	295.08	290.34
Other Receivables	3.88	4.99	6.81	1.92	2.17	2.5
Receivables	342.24	296.57	323.5	352.84	297.25	292.84
Inventory	120.93	114.76	167.6	211.7	187.33	102.44
Prepaid Expenses	-	-	-	-	-	0.58
Other Current Assets	69.16	12.43	4.87	29.79	19.52	5.26
Total Current Assets	4,036	3,892	3,353	3,148	3,025	2,855
Property, Plant & Equipment	97.19	100.25	108.72	123.43	137.55	144.46
Long-Term Investments	15.37	14.88	64.62	91.69	270.15	425.07
Other Intangible Assets	37.5	38.1	40.33	42.25	43.89	46.82
Long-Term Deferred Tax Assets	19.42	22.33	41.7	54.9	37.97	20.6
Long-Term Deferred Charges	1.11	1.18	2.28	3.9	6.12	8.31
Other Long-Term Assets	75	78.21	86.3	96.58	103.65	114.45
Total Assets	4,282	4,147	3,697	3,561	3,624	3,614
Accounts Payable	224.5	186.81	216.95	220.4	248.21	159.89
Accrued Expenses	4.03	17.37	16.95	17.11	37.49	18.89
Short-Term Debt	24.02	24.02	24.02	24.02	20.02	20.03
Current Income Taxes Payable	14.25	2.85	12.6	-	10.19	18.14
Current Unearned Revenue	40.07	23.96	61.08	80.15	48.72	44.58
Other Current Liabilities	10.03	9.2	8.56	10.05	8.63	15.53
Total Current Liabilities	316.9	264.21	340.15	351.73	373.26	277.06
Long-Term Unearned Revenue	4.65	4.83	5.54	6.25	6.97	7.68
Long-Term Deferred Tax Liabilities	42.07	49.01	1.92	5.65	4.44	1.76
Total Liabilities	363.62	318.05	347.61	363.63	384.66	286.51
Common Stock	834.05	834.05	834.05	834.05	834.05	834.05
Additional Paid-In Capital	1,237	1,237	1,236	1,237	1,227	1,227
Retained Earnings	1,814	1,723	1,245	1,078	1,116	1,205
Comprehensive Income & Other	-	-	-	11.52	13.05	9.62
Total Common Equity	3,885	3,794	3,315	3,161	3,190	3,276
Minority Interest	32.77	35.03	34.74	36.59	49.42	51.98
Shareholders' Equity	3,918	3,829	3,349	3,197	3,240	3,328
Total Liabilities & Equity	4,282	4,147	3,697	3,561	3,624	3,614
Total Debt	24.02	24.02	24.02	24.02	20.02	20.03
Net Cash (Debt)	3,480	3,444	2,833	2,530	2,501	2,433
Net Cash Growth	21.24%	21.58%	11.98%	1.16%	2.77%	-7.56%
Net Cash Per Share	4.15	4.11	3.40	2.86	2.24	2.94
Filing Date Shares Outstanding	828.66	834.05	834.05	834.05	834.05	834.05
Total Common Shares Outstanding	828.66	834.05	834.05	834.05	834.05	834.05
Working Capital	3,719	3,628	3,013	2,797	2,652	2,577
Book Value Per Share	4.69	4.55	3.97	3.79	3.83	3.93
Tangible Book Value	3,848	3,756	3,274	3,119	3,146	3,229
Tangible Book Value Per Share	4.64	4.50	3.93	3.74	3.77	3.87
Buildings	-	216.66	214.67	213.37	213.04	208.75
Machinery	-	199.07	201.9	199.63	197.14	188.85
Construction In Progress	-	4.82	3.27	4.74	5.55	3.45

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.