SHE:002562 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	Dec '21 Dec 31, 2021
Cash & Equivalents	522.03	522.24	276.88	365.43	327.11	587.31
Trading Asset Securities	-	-	-	-	130	100
Cash & Short-Term Investments	522.03	522.24	276.88	365.43	457.11	687.31
Cash Growth	88.54%	88.62%	-24.23%	-20.06%	-33.49%	-8.12%
Accounts Receivable	667.15	557.6	495.75	497.36	490	431.82
Other Receivables	5.8	3.73	1.26	11.57	4.54	5.24
Receivables	672.95	561.32	497.01	508.92	494.54	437.05
Inventory	910.11	986.95	880.33	740.5	967.44	790.32
Other Current Assets	42.9	52.75	46.19	68.13	147.21	164.97
Total Current Assets	2,148	2,123	1,700	1,683	2,066	2,080
Property, Plant & Equipment	3,852	3,894	3,984	3,998	3,416	3,311
Long-Term Investments	7.46	7.54	7.5	8.31	3.06	3.06
Goodwill	22.64	23.4	26.2	28.84	31.56	35.24
Other Intangible Assets	117.87	119.55	125.37	133.12	143.67	138.94
Long-Term Deferred Tax Assets	13.33	14.82	14.4	18.97	16.87	5.87
Long-Term Deferred Charges	1.48	2	3.42	5.26	7.39	4.24
Other Long-Term Assets	14.76	15.34	11.39	11.17	14.47	23.5
Total Assets	6,177	6,200	5,872	5,887	5,699	5,601
Accounts Payable	676.38	694.01	833.69	926.81	741.4	893.92
Accrued Expenses	36.03	61.17	80.37	73.6	73.2	57.58
Short-Term Debt	596.78	576.81	1,065	1,086	461.76	494.99
Current Portion of Long-Term Debt	316.12	387.46	310.05	432.93	361.62	121.53
Current Portion of Leases	-	-	2.38	1.89	2.49	2.68
Current Income Taxes Payable	17.64	15.84	7.61	8.15	9.27	2.6
Current Unearned Revenue	35.2	20.44	38.83	23.66	23.61	28.45
Other Current Liabilities	39.98	33.15	14.38	15.71	17.03	8.36
Total Current Liabilities	1,718	1,789	2,352	2,569	1,690	1,610
Long-Term Debt	680.1	620.3	314.21	141.33	523.91	876.76
Long-Term Leases	7.83	8.28	2.52	2.7	4.13	6.16
Long-Term Unearned Revenue	37.13	37.86	40.77	43.8	32.87	34.57
Long-Term Deferred Tax Liabilities	25.66	27.03	36.21	41.19	38.9	51.07
Other Long-Term Liabilities	27.89	29.29	26.65	35.19	35.89	27.48
Total Liabilities	2,497	2,512	2,773	2,833	2,326	2,606
Common Stock	1,143	1,143	1,064	1,064	1,063	1,063
Additional Paid-In Capital	1,750	1,750	1,401	1,399	1,333	1,331
Retained Earnings	883.18	847.95	752.84	712.4	994.16	688.69
Treasury Stock	-	-	-	-	-	-30
Comprehensive Income & Other	-95.72	-53.02	-118.01	-121.41	-16.92	-57.56
Total Common Equity	3,681	3,688	3,100	3,054	3,373	2,995
Shareholders' Equity	3,681	3,688	3,100	3,054	3,373	2,995
Total Liabilities & Equity	6,177	6,200	5,872	5,887	5,699	5,601
Total Debt	1,601	1,593	1,694	1,665	1,354	1,502
Net Cash (Debt)	-1,079	-1,071	-1,417	-1,299	-896.81	-814.81
Net Cash Per Share	-1.00	-1.01	-1.39	-1.26	-0.79	-0.86
Filing Date Shares Outstanding	1,144	1,037	1,064	1,064	1,063	1,056
Total Common Shares Outstanding	1,144	1,037	1,064	1,064	1,063	1,056
Working Capital	429.86	334.38	-651.83	-885.61	375.91	469.56
Book Value Per Share	3.22	3.56	2.91	2.87	3.17	2.84
Tangible Book Value	3,540	3,545	2,948	2,892	3,198	2,821
Tangible Book Value Per Share	3.10	3.42	2.77	2.72	3.01	2.67
Buildings	-	-	1,875	1,746	1,685	1,632
Machinery	-	-	3,935	3,746	3,227	2,997
Construction In Progress	-	-	620.06	612.33	341.91	261.13

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