SHE:002662 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	842.99	1,006	612.53	480.17	326.58	243.83
Trading Asset Securities	225	40	340	-	30.07	-
Cash & Short-Term Investments	1,068	1,046	952.53	480.17	356.66	243.83
Cash Growth	9.76%	9.83%	98.38%	34.63%	46.28%	-44.26%
Accounts Receivable	704.9	844.72	810.29	1,061	953.78	940.06
Other Receivables	2.37	2.43	2.04	21.64	38.61	41.41
Receivables	707.27	847.15	812.33	1,083	992.39	981.47
Inventory	471.25	434.91	458.85	534.43	644.06	712.29
Prepaid Expenses	-	0.97	1.18	0.77	1.29	0.04
Other Current Assets	115.78	114.7	99.9	98	76.23	168.44
Total Current Assets	2,362	2,444	2,325	2,196	2,071	2,106
Property, Plant & Equipment	2,625	2,686	2,079	2,101	2,039	1,873
Long-Term Investments	315.08	312.04	305.61	329.04	332.21	308.41
Goodwill	-	-	-	-	-	61.61
Other Intangible Assets	518.95	531.82	448.85	461.07	326.47	203.19
Long-Term Deferred Tax Assets	20.68	20.04	21.78	17.19	13.17	14.5
Long-Term Deferred Charges	-	-	-	-	0.04	4.61
Other Long-Term Assets	94.09	133.62	135.55	115.65	114.3	144.24
Total Assets	5,936	6,128	5,315	5,220	4,895	4,716
Accounts Payable	543.16	701.6	318.32	521.36	637.32	682.3
Accrued Expenses	33.97	54.81	57.17	65.6	53.88	60.42
Short-Term Debt	623.8	623.8	520.9	410.33	410.27	645.68
Current Portion of Long-Term Debt	14.51	29.03	1	-	-	-
Current Portion of Leases	-	-	-	-	-	1.52
Current Income Taxes Payable	18.46	16.64	6.59	28.06	14.26	17.9
Current Unearned Revenue	35.43	27.87	33.36	47.36	43.98	4.57
Other Current Liabilities	4.03	19.96	9.46	4.46	6.29	7.56
Total Current Liabilities	1,273	1,474	946.81	1,077	1,166	1,420
Long-Term Debt	-	-	29.03	-	-	-
Long-Term Leases	5.55	-	-	-	-	0.13
Long-Term Unearned Revenue	21.05	23.53	29.34	35.19	19.98	22.58
Long-Term Deferred Tax Liabilities	0.59	2.27	2.59	3.64	4.2	4.68
Other Long-Term Liabilities	166.04	180	-	-	-	-
Total Liabilities	1,467	1,680	1,008	1,116	1,190	1,447
Common Stock	1,500	1,500	1,500	1,500	1,500	1,500
Additional Paid-In Capital	1,684	1,684	1,684	1,684	1,684	1,684
Retained Earnings	1,285	1,264	1,123	919.18	520.72	83.76
Total Common Equity	4,469	4,448	4,308	4,104	3,705	3,268
Shareholders' Equity	4,469	4,448	4,308	4,104	3,705	3,268
Total Liabilities & Equity	5,936	6,128	5,315	5,220	4,895	4,716
Total Debt	643.87	652.83	550.93	410.33	410.27	647.33
Net Cash (Debt)	424.12	393.36	401.6	69.84	-53.61	-403.51
Net Cash Growth	-1.14%	-2.05%	475.01%	-	-	-
Net Cash Per Share	0.26	0.27	0.27	0.05	-0.04	-0.28
Filing Date Shares Outstanding	2,083	1,500	1,500	1,500	1,500	1,500
Total Common Shares Outstanding	2,083	1,500	1,500	1,500	1,500	1,500
Working Capital	1,089	970.22	1,378	1,119	904.62	686.12
Book Value Per Share	2.15	2.97	2.87	2.74	2.47	2.18
Tangible Book Value	3,950	3,917	3,859	3,643	3,379	3,003
Tangible Book Value Per Share	1.90	2.61	2.57	2.43	2.25	2.00
Buildings	-	1,548	1,123	1,015	1,008	894.09
Machinery	-	2,534	2,489	2,279	2,247	2,175
Construction In Progress	-	574.36	217.54	357.1	183.43	51.33

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