SHE:002632 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	393.78	380.47	257.18	521.16	453.04	391.47
Trading Asset Securities	541.68	531.23	563.51	-	60.1	159.39
Cash & Short-Term Investments	935.47	911.7	820.69	521.16	513.14	550.86
Cash Growth	-24.99%	11.09%	57.48%	1.56%	-6.85%	74.28%
Accounts Receivable	304.06	335.68	368.5	334.58	363.74	304.5
Other Receivables	15.58	22.6	25.52	34.23	101.38	35.78
Receivables	319.63	358.28	394.02	368.81	465.12	340.28
Inventory	361.21	325.7	426.72	460.14	467.67	1,275
Prepaid Expenses	-	-	-	-	-	35.4
Other Current Assets	42.14	37.12	36.49	39.1	42.74	123.25
Total Current Assets	1,658	1,633	1,678	1,389	1,489	2,324
Property, Plant & Equipment	798.25	793.03	886.05	973.36	1,045	959.59
Long-Term Investments	216.56	21.67	20.38	23.87	39.45	53.77
Other Intangible Assets	183.29	184.67	181.03	187.05	192.55	197.99
Long-Term Accounts Receivable	-	0.93	0.45	0.21	-	-
Long-Term Deferred Tax Assets	32.72	32.49	34.4	30.56	25.88	45.45
Long-Term Deferred Charges	0.39	0.47	0.21	0.43	0.4	0.71
Other Long-Term Assets	45.32	185.59	113.51	9.98	9.47	14.53
Total Assets	2,935	2,852	2,914	2,615	2,801	3,596
Accounts Payable	234.19	175.41	161.49	218.33	180.17	310.56
Accrued Expenses	15.78	73.33	52.19	44.95	41.34	50.33
Short-Term Debt	328.65	308.8	429.04	0.45	0.07	4.52
Current Portion of Long-Term Debt	-	-	-	-	0.35	-
Current Portion of Leases	-	-	-	0.22	0.18	0.05
Current Income Taxes Payable	22.17	10.56	23.12	13.64	67.74	28.64
Current Unearned Revenue	40	25.3	46.13	31.35	34.62	970.57
Other Current Liabilities	47.22	52.2	51.14	47.71	90.67	110.72
Total Current Liabilities	688.01	645.61	763.12	356.64	415.14	1,475
Long-Term Debt	-	-	-	-	0.46	-
Long-Term Leases	-	-	-	0.02	0.14	0.05
Long-Term Unearned Revenue	21.73	22.82	25.91	30.08	35.26	42.88
Long-Term Deferred Tax Liabilities	0.38	0.41	0.39	2.95	3.61	4.52
Other Long-Term Liabilities	-	-	-	3.41	4.43	2.24
Total Liabilities	710.12	668.84	789.42	393.1	459.04	1,525
Common Stock	624.6	624.6	624.6	624.6	624.6	624.6
Additional Paid-In Capital	799.7	799.7	799.7	799.58	799.58	799.58
Retained Earnings	829.99	789	745.32	843.96	954.61	671.92
Comprehensive Income & Other	-27.48	-28.41	-43.41	-46.07	-36.63	-24.76
Total Common Equity	2,227	2,185	2,126	2,222	2,342	2,071
Minority Interest	-1.94	-2.07	-1.67	-0.5	-0	0.06
Shareholders' Equity	2,225	2,183	2,125	2,222	2,342	2,071
Total Liabilities & Equity	2,935	2,852	2,914	2,615	2,801	3,596
Total Debt	328.65	308.8	429.04	0.69	1.19	4.62
Net Cash (Debt)	606.81	602.9	391.65	520.46	511.95	546.24
Net Cash Growth	18.67%	53.94%	-24.75%	1.66%	-6.28%	296.98%
Net Cash Per Share	0.96	0.95	0.62	0.83	0.82	0.89
Filing Date Shares Outstanding	624.94	624.6	624.6	624.6	624.6	624.6
Total Common Shares Outstanding	624.94	624.6	624.6	624.6	624.6	624.6
Working Capital	970.44	987.19	914.8	1,033	1,074	849.04
Book Value Per Share	3.56	3.50	3.40	3.56	3.75	3.32
Tangible Book Value	2,044	2,000	1,945	2,035	2,150	1,873
Tangible Book Value Per Share	3.27	3.20	3.11	3.26	3.44	3.00
Buildings	-	761.89	760.78	753.65	752.08	542.01
Machinery	-	1,015	1,012	976.51	907.05	836.62
Construction In Progress	-	22.25	19.89	45.2	82.62	170.43

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