SHE:002644 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	565.24	524.49	397.89	406.04	397.85	374.94
Trading Asset Securities	-	-	-	-	2	-
Cash & Short-Term Investments	565.24	524.49	397.89	406.04	399.85	374.94
Cash Growth	46.31%	31.82%	-2.01%	1.55%	6.64%	-17.06%
Accounts Receivable	459.62	474.08	413.57	382.65	435.88	344.8
Other Receivables	3.9	19.41	45.59	50.5	62.98	12.34
Receivables	463.52	493.49	459.17	433.15	498.87	357.14
Inventory	293.81	289.84	339.99	369.72	363.26	258.83
Prepaid Expenses	-	0.12	0.04	0.9	-	-
Other Current Assets	40.59	24.79	24.79	29.06	42	43.72
Total Current Assets	1,363	1,333	1,222	1,239	1,304	1,035
Property, Plant & Equipment	976.11	986.96	1,032	1,062	1,068	1,092
Long-Term Investments	67.91	69.93	55.66	64.1	68.67	71.65
Goodwill	9.01	9.01	9.01	9.01	9.01	4.47
Other Intangible Assets	72.73	73.55	76.87	79.55	76.79	71.96
Long-Term Deferred Tax Assets	65.68	65.79	61.81	53.65	53.98	51.11
Long-Term Deferred Charges	1.78	1.84	3.76	7.65	6	0.89
Other Long-Term Assets	7.07	7.66	8.78	13.43	20.41	25.76
Total Assets	2,563	2,547	2,470	2,528	2,606	2,352
Accounts Payable	294.13	263.63	213.09	310.37	314.47	214.3
Accrued Expenses	21.68	19.02	10.21	11.46	28.86	9.9
Short-Term Debt	17.8	21.7	10	10	-	-
Current Portion of Long-Term Debt	-	14.7	13.92	13.89	13.4	14.2
Current Portion of Leases	-	1.39	0.82	0.8	0.87	0.5
Current Income Taxes Payable	-	8.5	19.08	27.42	44.74	44.26
Current Unearned Revenue	50.66	50.75	16.05	47.02	99.93	35.91
Other Current Liabilities	63.57	60.93	96.56	46.74	40.28	55.78
Total Current Liabilities	447.84	440.62	379.73	467.69	542.54	374.84
Long-Term Debt	6.2	6.2	15	26.6	40.37	53.14
Long-Term Leases	2.29	1.51	1.05	1.35	0.97	0.81
Long-Term Unearned Revenue	236.29	241.4	256.1	260.96	278.15	294.96
Long-Term Deferred Tax Liabilities	2.25	2.3	2.93	3.07	3.18	0.85
Total Liabilities	694.87	692.03	654.81	759.67	865.21	724.59
Common Stock	510.66	510.66	510.66	510.66	510.66	510.66
Additional Paid-In Capital	327.39	337.39	337.39	337.38	352.33	343.51
Retained Earnings	1,007	983.95	940.88	896.13	854.47	758.78
Comprehensive Income & Other	0.66	0.66	0.96	1.21	1.6	1.62
Total Common Equity	1,845	1,833	1,790	1,745	1,719	1,615
Minority Interest	23.26	22.79	25.09	23.06	22.17	12.92
Shareholders' Equity	1,869	1,855	1,815	1,768	1,741	1,628
Total Liabilities & Equity	2,563	2,547	2,470	2,528	2,606	2,352
Total Debt	26.29	45.49	40.79	52.63	55.6	68.65
Net Cash (Debt)	538.96	479	357.1	353.41	344.26	306.29
Net Cash Growth	50.60%	34.13%	1.04%	2.66%	12.39%	-12.86%
Net Cash Per Share	1.06	0.94	0.70	0.69	0.67	0.60
Filing Date Shares Outstanding	510.39	510.66	510.66	510.66	510.66	510.66
Total Common Shares Outstanding	510.39	510.66	510.66	510.66	510.66	510.66
Working Capital	915.32	892.12	842.16	771.18	761.43	659.79
Book Value Per Share	3.62	3.59	3.51	3.42	3.37	3.16
Tangible Book Value	1,764	1,750	1,704	1,657	1,633	1,538
Tangible Book Value Per Share	3.46	3.43	3.34	3.24	3.20	3.01
Buildings	-	946.04	945.9	938.67	933.74	927.81
Machinery	-	382.57	377.02	366.31	333.01	317.82
Construction In Progress	-	-	1.76	3.3	-	-

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