SHE:002559 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	769.81	860.1	803.08	1,149	973.5	961.56
Trading Asset Securities	296.69	310.17	256.71	23.49	150.7	190.69
Cash & Short-Term Investments	1,066	1,170	1,060	1,173	1,124	1,152
Cash Growth	-0.47%	10.43%	-9.65%	4.34%	-2.44%	1.74%
Accounts Receivable	651.44	619.2	607.37	618.4	688.86	701.41
Other Receivables	9.01	13.35	16.36	7.94	19.61	23.09
Receivables	660.44	632.55	623.72	626.34	708.48	724.5
Inventory	1,308	1,241	1,356	1,202	1,080	907.66
Other Current Assets	33.9	24.58	23.29	30.7	53.9	31.46
Total Current Assets	3,069	3,068	3,062	3,032	2,966	2,816
Property, Plant & Equipment	818.54	830.12	831.6	615.05	511.31	482.06
Long-Term Investments	381.65	382.84	407.8	387.12	404.45	572.76
Goodwill	18.21	18.21	29.02	43.36	49.9	54.1
Other Intangible Assets	199.12	202.8	188.55	204.42	161.1	179.06
Long-Term Accounts Receivable	-	0.78	4.39	1.88	1.84	5.39
Long-Term Deferred Tax Assets	59.08	58.81	54.03	47.85	35.34	31.98
Long-Term Deferred Charges	0.29	0.34	0.66	3.09	6.4	10.06
Other Long-Term Assets	13.54	0.75	22.89	63.07	83.15	2.8
Total Assets	4,559	4,563	4,601	4,398	4,220	4,154
Accounts Payable	892.45	893.98	892.16	927.39	815.45	704.45
Accrued Expenses	35.81	83.22	83.66	71.94	85.52	89.05
Short-Term Debt	511.3	556.31	339.26	446.39	493.41	622.58
Current Portion of Long-Term Debt	120.53	117.22	270.44	360	-	-
Current Portion of Leases	-	2.75	4.34	2.64	2.51	2.13
Current Income Taxes Payable	12.8	-	-	4.82	0.11	4.02
Current Unearned Revenue	662.76	593.12	708.88	581.21	485.04	377.86
Other Current Liabilities	172.77	190.63	194.21	105.64	167.84	250.31
Total Current Liabilities	2,408	2,437	2,493	2,500	2,050	2,050
Long-Term Debt	283	281.78	295.35	-	270	-
Long-Term Leases	4.56	5.44	10.87	2.7	5.72	3.56
Long-Term Unearned Revenue	84.08	80.66	75.24	83.63	64.44	60.28
Long-Term Deferred Tax Liabilities	1.42	1.46	2.54	0.82	4.14	0.17
Other Long-Term Liabilities	11.62	11.56	14.13	13.1	2.1	3.31
Total Liabilities	2,793	2,818	2,891	2,600	2,396	2,118
Common Stock	549.77	549.77	549.77	555.13	555.13	556.72
Additional Paid-In Capital	574.91	597.41	597.41	613.54	620.72	607.23
Retained Earnings	717.96	685.82	620.27	599.36	582.37	656.77
Treasury Stock	-50.1	-50.1	-50.1	-15.44	-16.18	-31.43
Comprehensive Income & Other	-16.62	-10.73	-11.05	-10.14	-9.56	-13.09
Total Common Equity	1,776	1,772	1,706	1,742	1,732	1,776
Minority Interest	-9.63	-27.29	3.93	54.97	90.78	260.14
Shareholders' Equity	1,766	1,745	1,710	1,797	1,823	2,036
Total Liabilities & Equity	4,559	4,563	4,601	4,398	4,220	4,154
Total Debt	919.39	963.51	920.25	811.72	771.64	628.27
Net Cash (Debt)	147.1	206.76	139.53	361.25	352.55	523.99
Net Cash Growth	3.18%	48.18%	-61.38%	2.47%	-32.72%	-11.52%
Net Cash Per Share	0.27	0.38	0.25	0.66	0.65	0.95
Filing Date Shares Outstanding	543.96	543.56	543.56	549.54	554.64	543.02
Total Common Shares Outstanding	543.96	543.56	543.56	549.54	554.64	543.02
Working Capital	660.53	631.11	569.42	531.84	916.18	765.46
Book Value Per Share	3.26	3.26	3.14	3.17	3.12	3.27
Tangible Book Value	1,559	1,551	1,489	1,495	1,521	1,543
Tangible Book Value Per Share	2.87	2.85	2.74	2.72	2.74	2.84
Buildings	-	633.97	577.95	452.9	402.99	380.23
Machinery	-	626.12	492.95	389.92	386.12	369.25
Construction In Progress	-	1.77	143.89	130.58	40.29	17.54

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