SHE:002599 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	191.02	204.6	263.47	314.46	274.19	204.82
Trading Asset Securities	35	65.54	-	-	-	-
Cash & Short-Term Investments	226.03	270.14	263.47	314.46	274.19	204.82
Cash Growth	3.90%	2.53%	-16.21%	14.68%	33.87%	-48.67%
Accounts Receivable	483.45	490.89	428.85	469.97	495.07	493.89
Other Receivables	30.63	28.8	29.63	54.98	72.21	88.54
Receivables	514.08	519.69	458.49	524.95	567.28	582.42
Inventory	233.91	233.55	268.16	311.01	340.43	299.45
Other Current Assets	37.96	24.93	22.58	76.39	131.07	79.26
Total Current Assets	1,012	1,048	1,013	1,227	1,313	1,166
Property, Plant & Equipment	846.37	861	858.64	903.46	951.42	973.06
Long-Term Investments	36.27	35.79	34.27	59.89	62.35	72.42
Goodwill	28.78	28.78	34.05	184.02	184.02	170.55
Other Intangible Assets	113.77	116.14	115.39	123.66	127.48	130.55
Long-Term Deferred Tax Assets	31.31	30.17	32.63	54.29	45.74	41.31
Long-Term Deferred Charges	10.23	10.14	17.4	24.57	35.07	39.99
Other Long-Term Assets	35.38	2.42	5.39	2.83	2.3	13.75
Total Assets	2,114	2,133	2,110	2,580	2,721	2,608
Accounts Payable	542.21	556.84	442.47	563.8	621.99	494.77
Accrued Expenses	41.49	33.21	39.31	39.29	35.83	48.36
Short-Term Debt	28.44	21.73	38.63	43.05	47.29	139.78
Current Portion of Long-Term Debt	38.42	37.12	-	4.8	18.54	20.37
Current Portion of Leases	-	-	51.12	55.72	57.62	60.01
Current Income Taxes Payable	9.62	11.56	2.08	4.53	9.39	12.97
Current Unearned Revenue	131.57	141.86	183.8	255.12	307.85	263.81
Other Current Liabilities	42.67	38.61	34.94	63.4	51.39	40.42
Total Current Liabilities	834.43	840.94	792.35	1,030	1,150	1,081
Long-Term Debt	-	-	12.2	7.4	4.8	16.11
Long-Term Leases	13.99	20.8	42.04	68.06	90.35	81.71
Long-Term Unearned Revenue	21.71	22.45	21.62	19.07	23.56	26.77
Other Long-Term Liabilities	-	-	-	-	-	0.66
Total Liabilities	870.12	884.18	868.21	1,124	1,269	1,206
Common Stock	532.68	532.68	537.59	537.59	537.59	542.27
Additional Paid-In Capital	600.12	598.41	618.17	603.16	605.85	652.14
Retained Earnings	123.14	130.94	134.06	336.92	332.81	292.97
Treasury Stock	-	-	-24.68	-24.68	-24.68	-119.47
Comprehensive Income & Other	-21.37	-25.37	-24.75	-	-	28.9
Total Common Equity	1,235	1,237	1,240	1,453	1,452	1,397
Minority Interest	9.39	11.92	1.87	2.29	1.19	5.02
Shareholders' Equity	1,244	1,249	1,242	1,455	1,453	1,402
Total Liabilities & Equity	2,114	2,133	2,110	2,580	2,721	2,608
Total Debt	80.85	79.65	143.98	179.03	218.6	317.98
Net Cash (Debt)	145.18	190.49	119.48	135.42	55.6	-113.16
Net Cash Growth	52.79%	59.43%	-11.77%	143.59%	-	-
Net Cash Per Share	0.19	0.25	0.22	0.33	0.11	-0.20
Filing Date Shares Outstanding	533.75	1,404	532.68	521.22	521.22	628.03
Total Common Shares Outstanding	533.75	1,404	532.68	521.22	521.22	628.03
Working Capital	177.54	207.37	220.34	197.09	163.07	85.45
Book Value Per Share	2.31	0.88	2.33	2.79	2.78	2.22
Tangible Book Value	1,092	1,092	1,091	1,145	1,140	1,096
Tangible Book Value Per Share	2.05	0.78	2.05	2.20	2.19	1.74
Buildings	-	-	403.53	398.27	331.97	329.44
Machinery	-	-	1,058	1,026	993.51	974.27
Construction In Progress	-	-	2.19	1.49	62.23	44.78

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