SHE:002631 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	756.32	1,218	969.45	1,291	1,300	945.51
Short-Term Investments	-	-	633.9	950.87	272.88	242.45
Trading Asset Securities	730.93	223.2	309.06	203.08	241.51	203.93
Cash & Short-Term Investments	1,487	1,441	1,912	2,445	1,814	1,392
Cash Growth	40.08%	-24.64%	-21.77%	34.76%	30.33%	-8.62%
Accounts Receivable	72.84	62.42	159.58	199.71	227.11	193.53
Other Receivables	9.32	8.88	5.65	6.43	7.59	20.99
Receivables	82.16	71.29	165.24	206.13	234.7	214.52
Inventory	344.83	347.27	636.17	969.87	1,185	1,153
Other Current Assets	414.57	465.5	31.31	30.69	41.99	30.3
Total Current Assets	2,329	2,325	2,745	3,651	3,276	2,789
Property, Plant & Equipment	266.33	280.89	343.29	389.87	471.35	569.7
Long-Term Investments	192.17	166.6	425.99	353.11	434.06	407.62
Other Intangible Assets	115.35	117.1	117.9	121.37	124.89	132.76
Long-Term Accounts Receivable	-	-	27.78	33.2	30.62	26.21
Long-Term Deferred Tax Assets	50.99	50.97	44.91	46.44	38.16	22.69
Long-Term Deferred Charges	2.75	2.8	8.92	12.93	19.68	39.98
Other Long-Term Assets	47.97	47.37	28.44	28.85	6.42	5.12
Total Assets	3,004	2,991	3,742	4,637	4,401	3,994
Accounts Payable	221.64	263.8	330.17	355.89	364.84	377.97
Accrued Expenses	13.53	24.56	45.05	57.64	70.98	69.13
Short-Term Debt	302.8	201.89	350.21	677.39	342.32	64.52
Current Portion of Long-Term Debt	6.12	10.1	-	16.41	11.72	7.03
Current Portion of Leases	-	-	19.8	14.61	28.12	31.38
Current Income Taxes Payable	13.87	17.95	13.83	14.32	20.9	29.44
Current Unearned Revenue	304.32	318.3	592.82	869.64	944.85	744.13
Other Current Liabilities	73.1	71.07	66.35	61.71	64.42	65.27
Total Current Liabilities	935.38	907.67	1,418	2,068	1,848	1,389
Long-Term Debt	-	-	-	692.74	661.71	627.12
Long-Term Leases	36.37	37.24	53.93	53.63	75.51	114.91
Long-Term Unearned Revenue	0.34	0.34	0.68	-	0.44	1.1
Long-Term Deferred Tax Liabilities	5.56	4.47	6.02	10.75	7.37	5.19
Other Long-Term Liabilities	5.35	5.35	-	2.6	2.56	0.2
Total Liabilities	982.99	955.08	1,479	2,827	2,596	2,137
Common Stock	797.28	797.28	797.28	658.66	658.64	658.63
Additional Paid-In Capital	704.33	704.33	704.33	187.68	188.17	188.05
Retained Earnings	521.54	535.56	756.47	865.75	853.75	892.72
Comprehensive Income & Other	-	-	-	96.97	96.98	97
Total Common Equity	2,023	2,037	2,258	1,809	1,798	1,836
Minority Interest	-1.76	-1.34	5.42	0.73	8.02	19.73
Shareholders' Equity	2,021	2,036	2,263	1,810	1,806	1,856
Total Liabilities & Equity	3,004	2,991	3,742	4,637	4,401	3,994
Total Debt	345.28	249.24	423.93	1,455	1,119	844.96
Net Cash (Debt)	1,142	1,192	1,488	989.84	694.67	546.94
Net Cash Growth	65.49%	-19.93%	50.38%	42.49%	27.01%	-34.29%
Net Cash Per Share	1.43	1.50	2.22	1.50	1.06	0.83
Filing Date Shares Outstanding	798.02	796.3	797.28	658.66	658.64	658.63
Total Common Shares Outstanding	798.02	796.3	797.28	658.66	658.64	658.63
Working Capital	1,393	1,417	1,327	1,584	1,428	1,401
Book Value Per Share	2.54	2.56	2.83	2.75	2.73	2.79
Tangible Book Value	1,908	1,920	2,140	1,688	1,673	1,704
Tangible Book Value Per Share	2.39	2.41	2.68	2.56	2.54	2.59
Buildings	-	-	339.28	338.91	339.38	339.36
Machinery	-	-	451.56	456.17	459.36	465.86
Construction In Progress	-	-	2.57	3.76	5.51	2.13

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