SHE:002645 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	823.29	546.71	767.77	949.36	907.07	368.06
Trading Asset Securities	84	33.04	99.71	68.68	74.43	30
Cash & Short-Term Investments	907.29	579.75	867.49	1,018	981.5	398.06
Cash Growth	25.44%	-33.17%	-14.79%	3.72%	146.57%	-23.87%
Accounts Receivable	1,104	1,224	772.16	707.22	603.09	513.08
Other Receivables	62.23	75.81	12.11	10.67	12.87	10.81
Receivables	1,166	1,300	784.27	717.89	615.96	523.89
Inventory	2,451	2,506	1,831	1,784	2,212	1,961
Other Current Assets	164.06	261.12	184.02	144.15	267.47	105.57
Total Current Assets	4,689	4,647	3,667	3,664	4,077	2,989
Property, Plant & Equipment	1,290	1,300	1,190	1,057	981.85	795.22
Long-Term Investments	25.23	25.23	25.75	25.12	69.49	67.56
Goodwill	708.78	708.78	749.74	1,083	1,042	1,042
Other Intangible Assets	220.79	223.74	228.89	199.33	213.61	220.79
Long-Term Deferred Tax Assets	30.39	30.01	17.51	18.75	10.26	18.91
Long-Term Deferred Charges	15.97	16.8	3.4	3.78	5.42	2.07
Other Long-Term Assets	59.32	32.39	65.23	75.41	72.45	25.58
Total Assets	7,039	6,983	5,948	6,127	6,473	5,161
Accounts Payable	978.08	1,163	786.68	785.43	729.32	812.78
Accrued Expenses	39.03	118.05	72.26	62.9	101.06	88
Short-Term Debt	979.5	994.4	650.55	471.03	666.83	192.34
Current Portion of Long-Term Debt	129.96	127.35	67.72	58.44	9.97	0.01
Current Portion of Leases	-	7.46	9.35	6.8	11.82	7.17
Current Income Taxes Payable	31.45	8.94	5.56	5.64	3.53	22.82
Current Unearned Revenue	155.23	109.16	127.48	112.24	154.05	275.07
Other Current Liabilities	78.54	48.83	45.41	153.7	67.14	125.77
Total Current Liabilities	2,392	2,577	1,765	1,656	1,744	1,524
Long-Term Debt	158.63	162.38	658.85	657.93	580.52	9
Long-Term Leases	6.55	7.35	14.55	14.77	21.37	1.34
Long-Term Unearned Revenue	21.15	21.52	15.52	10.21	6.87	8.68
Long-Term Deferred Tax Liabilities	8.6	9.8	16.36	21.86	28.41	17.58
Other Long-Term Liabilities	0.84	0.84	-	0.82	-	1.92
Total Liabilities	2,588	2,779	2,470	2,362	2,381	1,562
Common Stock	627.6	627.6	581.53	581.52	581.95	582.44
Additional Paid-In Capital	2,145	2,136	1,633	1,635	1,635	1,618
Retained Earnings	1,480	1,263	1,059	1,415	1,689	1,341
Treasury Stock	-	-	-70.03	-50.02	-32.17	-67.42
Comprehensive Income & Other	15.26	15.55	124.86	124.88	123.13	12.45
Total Common Equity	4,267	4,043	3,328	3,706	3,997	3,486
Minority Interest	184.5	161.87	149.13	58.46	94.45	112.28
Shareholders' Equity	4,452	4,205	3,478	3,765	4,092	3,599
Total Liabilities & Equity	7,039	6,983	5,948	6,127	6,473	5,161
Total Debt	1,275	1,299	1,401	1,209	1,291	209.86
Net Cash (Debt)	-367.35	-719.19	-533.53	-190.94	-309.01	188.2
Net Cash Growth	-	-	-	-	-	-46.96%
Net Cash Per Share	-0.62	-1.23	-0.93	-0.34	-0.54	0.33
Filing Date Shares Outstanding	627.55	621.04	574.96	577.75	581.95	582.44
Total Common Shares Outstanding	627.55	621.04	574.96	577.75	581.95	582.44
Working Capital	2,297	2,070	1,902	2,008	2,334	1,465
Book Value Per Share	6.80	6.51	5.79	6.42	6.87	5.99
Tangible Book Value	3,338	3,110	2,350	2,424	2,741	2,223
Tangible Book Value Per Share	5.32	5.01	4.09	4.20	4.71	3.82
Buildings	-	875.84	856.38	804.93	748.24	634.3
Machinery	-	1,052	869.93	764.61	631.99	497.76
Construction In Progress	-	168.55	153.2	92.36	111.84	138.4

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