SHE:002638 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	356.47	525.37	194.1	479.48	257.65	768
Trading Asset Securities	767.54	671.69	707.67	469.05	640.4	-
Cash & Short-Term Investments	1,124	1,197	901.77	948.52	898.05	768
Cash Growth	33.57%	32.75%	-4.93%	5.62%	16.93%	-25.95%
Accounts Receivable	268	235.41	254.99	277.88	298.01	338.59
Other Receivables	26.6	31.6	17.18	12.56	33.81	131.86
Receivables	294.6	267.01	272.18	290.44	331.82	470.45
Inventory	93.01	122.68	138.02	164.75	267.83	471.66
Other Current Assets	136.81	133.17	152.27	170.82	170.68	184.72
Total Current Assets	1,648	1,720	1,464	1,575	1,668	1,895
Property, Plant & Equipment	195.18	198.44	495.38	526.65	536.08	723.15
Long-Term Investments	170.93	161.37	269.1	315.45	358.6	382.88
Other Intangible Assets	42.03	43.65	237.55	272.43	293.78	283.79
Long-Term Accounts Receivable	-	-	-	-	-	58.97
Long-Term Deferred Tax Assets	65.43	65.65	70.39	70.38	68.35	78.06
Long-Term Deferred Charges	11.14	10.31	5.25	13.98	6.42	29.78
Other Long-Term Assets	30.28	30.32	30.89	18.52	65.77	26.76
Total Assets	2,163	2,230	2,573	2,792	2,997	3,478
Accounts Payable	83.63	114.93	129.18	80.29	61.61	141.3
Accrued Expenses	7.5	51.42	49.62	47.62	45.2	97.92
Current Portion of Leases	-	3.88	5.99	0.57	-	57.27
Current Income Taxes Payable	41.03	1.56	1.47	1.42	4.97	11.46
Current Unearned Revenue	23.39	24.33	23.64	24.09	48.85	218.68
Other Current Liabilities	71.98	83.28	77.66	71.35	24.89	45.36
Total Current Liabilities	235.73	279.39	287.55	225.35	185.53	571.99
Long-Term Leases	0.32	0.49	3.16	0.47	-	118.54
Long-Term Unearned Revenue	32.45	32.45	36.65	40.85	47.11	54.14
Long-Term Deferred Tax Liabilities	0.28	0.49	1.35	0.04	-	-
Other Long-Term Liabilities	4.1	4.1	5.37	6.21	7.15	8.11
Total Liabilities	272.89	316.93	334.09	272.91	239.78	752.78
Common Stock	1,437	1,437	1,437	1,446	1,506	1,506
Additional Paid-In Capital	3,364	3,364	3,364	3,382	3,476	3,476
Retained Earnings	-2,879	-2,856	-2,529	-2,280	-2,220	-2,256
Treasury Stock	-30.05	-30.05	-30.05	-27.52	-	-
Comprehensive Income & Other	-0.49	-1.64	-2.83	-1.91	-5.43	-1.58
Total Common Equity	1,890	1,913	2,238	2,519	2,757	2,725
Minority Interest	0.21	0.21	0.23	0.24	0.25	0.27
Shareholders' Equity	1,891	1,913	2,239	2,519	2,758	2,725
Total Liabilities & Equity	2,163	2,230	2,573	2,792	2,997	3,478
Total Debt	8.52	4.37	9.15	1.04	-	175.81
Net Cash (Debt)	1,115	1,193	892.62	947.48	898.05	592.18
Net Cash Growth	33.07%	33.62%	-5.79%	5.50%	51.65%	-42.90%
Net Cash Per Share	0.78	0.84	0.61	0.64	0.62	0.39
Filing Date Shares Outstanding	1,416	1,420	1,420	1,437	1,506	1,506
Total Common Shares Outstanding	1,416	1,420	1,420	1,437	1,506	1,506
Working Capital	1,413	1,441	1,177	1,349	1,483	1,323
Book Value Per Share	1.33	1.35	1.58	1.75	1.83	1.81
Tangible Book Value	1,848	1,869	2,001	2,246	2,464	2,441
Tangible Book Value Per Share	1.31	1.32	1.41	1.56	1.64	1.62
Buildings	-	-	-	150.29	173.31	182.2
Machinery	-	131.61	128.31	152.55	173.44	181.83
Construction In Progress	-	116.52	404.97	412.31	404.59	400.32

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