SHE:002550 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	677.5	491.05	439.95	576.23	409.26	617.81
Short-Term Investments	-	-	192.9	64.95	-	-
Trading Asset Securities	604.36	594.02	273.83	71.98	67.48	68.23
Cash & Short-Term Investments	1,282	1,085	906.67	713.16	476.73	686.03
Cash Growth	52.21%	19.68%	27.13%	49.59%	-30.51%	-8.58%
Accounts Receivable	244.15	299.1	274.25	275.52	632.87	447.67
Other Receivables	18.69	18.94	23.24	16.9	2.48	2.56
Receivables	262.84	318.04	297.48	292.42	635.35	450.23
Inventory	403.97	372.44	426.81	602.01	536.48	400.63
Prepaid Expenses	-	-	-	-	-	0.01
Other Current Assets	80.05	134.18	62.73	18.39	38.72	33.04
Total Current Assets	2,029	1,910	1,694	1,626	1,687	1,570
Property, Plant & Equipment	694.22	681.93	563.6	561.27	616.39	611.77
Long-Term Investments	132.97	134.16	160.08	203.22	156.78	40.56
Goodwill	11.14	11.14	11.14	11.14	11.14	11.14
Other Intangible Assets	106.39	107.21	109.32	113.14	100.86	106.92
Long-Term Deferred Tax Assets	66.35	66.52	75.26	90.53	101.49	99.42
Long-Term Deferred Charges	183.09	173.03	138.04	93.77	60.33	46.85
Other Long-Term Assets	8.99	4.47	15.3	3.05	71.67	21.81
Total Assets	3,232	3,088	2,830	2,766	2,806	2,508
Accounts Payable	94.55	78.82	88.64	41.18	45.97	71.23
Accrued Expenses	16.59	38.65	88.06	89.7	101.94	99.55
Short-Term Debt	-	-	21.49	56.31	103.05	93.56
Current Income Taxes Payable	20.11	7.8	1.53	0.64	0.05	-
Current Unearned Revenue	6.21	7.64	9.68	9.71	15.58	19.67
Other Current Liabilities	140.6	92.61	14	8.28	11.63	12.34
Total Current Liabilities	278.06	225.52	223.39	205.81	278.22	296.35
Long-Term Leases	3.1	3.07	-	-	-	-
Long-Term Unearned Revenue	93.94	88.58	86.46	81.85	89.35	93.42
Long-Term Deferred Tax Liabilities	4.72	4.78	4.02	4.52	4.96	0.47
Total Liabilities	379.82	321.95	313.87	292.17	372.53	390.24
Common Stock	1,280	1,280	1,280	1,280	1,280	1,280
Additional Paid-In Capital	30.21	41.42	41.65	41.65	36.29	29.38
Retained Earnings	1,703	1,618	1,369	1,163	1,134	960.89
Treasury Stock	-156.88	-170.86	-170.86	-30.09	-	-145.05
Comprehensive Income & Other	-1.99	-0.55	-2.42	0.36	-0.06	2.23
Total Common Equity	2,854	2,768	2,517	2,455	2,450	2,127
Minority Interest	-2.24	-1.68	-0.87	18.98	-16.95	-9.09
Shareholders' Equity	2,852	2,766	2,517	2,474	2,433	2,118
Total Liabilities & Equity	3,232	3,088	2,830	2,766	2,806	2,508
Total Debt	3.1	3.07	21.49	56.31	103.05	93.56
Net Cash (Debt)	1,279	1,082	885.19	656.85	373.69	592.48
Net Cash Growth	55.54%	22.23%	34.76%	75.78%	-36.93%	-16.38%
Net Cash Per Share	1.03	0.87	0.70	0.51	0.29	0.49
Filing Date Shares Outstanding	1,254	1,235	1,250	1,275	1,280	1,280
Total Common Shares Outstanding	1,254	1,235	1,250	1,275	1,280	1,280
Working Capital	1,751	1,684	1,470	1,420	1,409	1,274
Book Value Per Share	2.28	2.24	2.01	1.93	1.91	1.66
Tangible Book Value	2,737	2,650	2,397	2,331	2,338	2,009
Tangible Book Value Per Share	2.18	2.15	1.92	1.83	1.83	1.57
Buildings	-	-	498.75	498.75	525.73	524.28
Machinery	-	-	568.44	558.3	504.84	461.29
Construction In Progress	-	-	61.25	8.19	54.1	39.24

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