SHE:002568 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	1,825	2,050	1,931	1,879	2,532	2,335
Trading Asset Securities	136.25	30	50.08	-	-	-
Cash & Short-Term Investments	1,961	2,080	1,981	1,879	2,532	2,335
Cash Growth	-7.49%	4.97%	5.44%	-25.79%	8.42%	55.38%
Accounts Receivable	81.66	90.73	260.38	215.54	127	164.8
Other Receivables	14.08	24.18	30.68	32.61	34.27	22.27
Receivables	95.74	114.9	291.06	248.14	161.27	187.07
Inventory	1,465	1,376	1,043	779.78	535.4	184.1
Other Current Assets	134.08	132.07	148.19	141.58	52.9	106.9
Total Current Assets	3,656	3,703	3,463	3,048	3,282	2,813
Property, Plant & Equipment	4,004	3,993	3,813	3,157	2,510	2,353
Other Intangible Assets	556.6	561.23	503.14	514.84	404.38	253.76
Long-Term Deferred Tax Assets	163.04	178.72	169.51	130.02	161.08	141.51
Long-Term Deferred Charges	54.23	49.57	16.4	17.65	3.19	2.09
Other Long-Term Assets	126.79	106.49	153.43	243.05	97.9	76.04
Total Assets	8,561	8,592	8,119	7,111	6,458	5,640
Accounts Payable	501.43	565.3	546.48	498.95	487.48	541.51
Accrued Expenses	23.89	270.83	223.95	268.76	313.8	181.38
Short-Term Debt	1,207	1,304	1,042	891.05	444.23	-
Current Portion of Long-Term Debt	15.09	5.23	194.5	2.9	1.45	0.87
Current Portion of Leases	-	4.45	4.54	3.06	5.68	5.14
Current Income Taxes Payable	106.51	107.22	117.13	120.76	90.93	78.4
Current Unearned Revenue	88	88.27	86.61	110.5	218.78	24.48
Other Current Liabilities	230.35	77.34	83.27	102.91	122.96	35.75
Total Current Liabilities	2,172	2,422	2,299	1,999	1,685	867.53
Long-Term Debt	1,088	1,081	1,053	1,020	984.18	946.77
Long-Term Leases	3.17	4.33	9.1	12.92	5.56	5.8
Long-Term Unearned Revenue	102.35	104.13	60.99	35.43	16.78	28.99
Long-Term Deferred Tax Liabilities	11.66	14.2	0.01	-	-	-
Other Long-Term Liabilities	6.7	5.92	-	-	-	-
Total Liabilities	3,384	3,632	3,422	3,068	2,692	1,849
Common Stock	1,042	1,049	1,049	1,050	1,050	749.79
Additional Paid-In Capital	1,525	1,698	1,728	1,744	1,745	1,965
Retained Earnings	2,612	2,396	2,068	1,349	1,060	913.04
Treasury Stock	-138.69	-317.94	-334.42	-274.04	-267.18	-12.91
Comprehensive Income & Other	135.83	135.83	175.74	175.75	175.75	175.82
Total Common Equity	5,177	4,960	4,687	4,044	3,764	3,791
Minority Interest	-	-	10.25	-0.44	2.28	0.46
Shareholders' Equity	5,177	4,960	4,697	4,044	3,766	3,791
Total Liabilities & Equity	8,561	8,592	8,119	7,111	6,458	5,640
Total Debt	2,313	2,399	2,303	1,930	1,441	958.58
Net Cash (Debt)	-352.04	-319.05	-322.02	-51.42	1,091	1,377
Net Cash Growth	-	-	-	-	-20.76%	-8.39%
Net Cash Per Share	-0.34	-0.31	-0.31	-0.05	1.05	1.31
Filing Date Shares Outstanding	1,031	1,037	1,038	1,043	1,043	1,048
Total Common Shares Outstanding	1,031	1,037	1,038	1,043	1,043	1,048
Working Capital	1,483	1,281	1,164	1,050	1,596	1,946
Book Value Per Share	5.02	4.78	4.52	3.88	3.61	3.62
Tangible Book Value	4,620	4,399	4,184	3,529	3,360	3,537
Tangible Book Value Per Share	4.48	4.24	4.03	3.38	3.22	3.38
Buildings	-	2,639	2,088	1,808	1,534	1,521
Machinery	-	2,372	1,785	1,508	101.44	1,048
Construction In Progress	-	182.05	877.98	579.29	327.83	223.14

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