SHE:002609 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	845.57	933.06	684.43	849.97	744.23	741.16
Trading Asset Securities	0.32	0.32	-	1	-	22
Cash & Short-Term Investments	845.89	933.38	684.43	850.97	744.23	763.16
Cash Growth	35.71%	36.37%	-19.57%	14.34%	-2.48%	-26.35%
Accounts Receivable	357.38	391.07	492.18	602.22	732.51	903.25
Other Receivables	90.31	88.42	53.81	75.14	58.15	36.5
Receivables	447.69	479.49	545.99	677.37	790.66	939.75
Inventory	444.35	452.64	415.02	420.8	437	356.18
Other Current Assets	78.42	82.24	39.1	47.02	31.73	26.36
Total Current Assets	1,816	1,948	1,685	1,996	2,004	2,085
Property, Plant & Equipment	640.96	686.42	471.44	447.96	444.11	221.1
Long-Term Investments	33.9	34.9	73.17	109.61	43.48	43.98
Goodwill	31.34	31.34	40.78	40.78	36.78	36.78
Other Intangible Assets	270.95	261.1	261.49	292.9	311.5	321.7
Long-Term Accounts Receivable	-	-	442.58	409.36	328.34	268.04
Long-Term Deferred Tax Assets	66.64	67.35	69.38	55.38	40.09	26.52
Long-Term Deferred Charges	142.64	149.94	113.26	90.87	69.04	51.82
Other Long-Term Assets	943.75	964.84	534.51	548.09	555.27	513.35
Total Assets	3,947	4,144	3,691	3,991	3,832	3,569
Accounts Payable	247.31	250.02	184.73	251.38	251.82	336.35
Accrued Expenses	42.58	101.98	181.92	191.38	161.02	161.89
Short-Term Debt	-	114.31	-	99.83	-	-
Current Portion of Long-Term Debt	158.67	163.29	24.15	24.15	45.46	15.15
Current Portion of Leases	-	-	94.36	75.07	68.85	8.84
Current Income Taxes Payable	70.25	87.72	5.34	6.14	0.94	18.53
Current Unearned Revenue	185.5	174.66	168.84	135.25	115.46	84.02
Other Current Liabilities	315.24	288.76	253.84	327.82	237.77	184.51
Total Current Liabilities	1,020	1,181	913.19	1,111	881.32	809.28
Long-Term Debt	88.35	88.35	112.5	136.65	300.33	310.58
Long-Term Leases	272.11	308.92	140.07	140.96	167.95	11.59
Long-Term Unearned Revenue	21.08	20.25	21	21.92	13.9	2.67
Long-Term Deferred Tax Liabilities	8.95	8.95	2.12	1.47	-	-
Other Long-Term Liabilities	14.98	14.98	-	-	-	-
Total Liabilities	1,425	1,622	1,189	1,412	1,364	1,134
Common Stock	643.44	643.44	645.36	647.38	649.41	644
Additional Paid-In Capital	986.84	986.84	991.43	1,000	1,009	975.87
Retained Earnings	795.07	793.22	774.57	824.08	731.29	732.63
Treasury Stock	-25.49	-25.49	-34.57	-18.68	-30	-18.74
Total Common Equity	2,400	2,398	2,377	2,453	2,360	2,334
Minority Interest	121.64	123.43	125.5	125.91	109.21	100.85
Shareholders' Equity	2,522	2,521	2,502	2,579	2,469	2,435
Total Liabilities & Equity	3,947	4,144	3,691	3,991	3,832	3,569
Total Debt	519.13	674.86	371.09	476.66	582.59	346.15
Net Cash (Debt)	326.76	258.52	313.34	374.31	161.64	417
Net Cash Growth	106.89%	-17.50%	-16.29%	131.58%	-61.24%	-49.39%
Net Cash Per Share	0.51	0.40	0.49	0.58	0.25	0.65
Filing Date Shares Outstanding	637.25	638.06	645.36	647.15	649.41	649.33
Total Common Shares Outstanding	637.25	638.06	645.36	647.38	649.41	643.69
Working Capital	796.8	767.01	771.35	885.14	1,122	1,276
Book Value Per Share	3.77	3.76	3.68	3.79	3.63	3.63
Tangible Book Value	2,098	2,106	2,075	2,120	2,011	1,975
Tangible Book Value Per Share	3.29	3.30	3.21	3.27	3.10	3.07
Buildings	-	-	201.23	184.31	183.16	183.07
Machinery	-	-	114.78	115.34	115.08	99.45
Construction In Progress	-	-	0.17	13.7	9.96	9.94

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