SHE:002669 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	839.17	733.25	799.83	522.56	551.16	383.9
Short-Term Investments	-	-	-	-	26.02	-
Trading Asset Securities	48.68	48.68	-	121.89	100	-
Cash & Short-Term Investments	887.85	781.93	799.83	644.44	677.18	383.9
Cash Growth	79.12%	-2.24%	24.11%	-4.83%	76.40%	-26.68%
Accounts Receivable	4,476	4,144	2,339	2,069	1,531	1,398
Other Receivables	13.42	16.2	170.37	55.05	15.88	18.99
Receivables	4,489	4,161	2,509	2,124	1,547	1,417
Inventory	740.75	692.93	545.69	792.86	669.71	379.04
Other Current Assets	144.81	117.24	115.63	106.21	86	65.45
Total Current Assets	6,262	5,753	3,971	3,667	2,979	2,246
Property, Plant & Equipment	1,923	1,922	1,876	1,918	1,228	671.3
Long-Term Investments	558.46	533.08	271.73	263.41	223.37	162.69
Goodwill	427.25	427.25	437.31	776.6	615.06	434.75
Other Intangible Assets	332.6	343.13	328.43	418.5	214.18	120.68
Long-Term Deferred Tax Assets	31.42	30.24	30.78	36.63	37.62	27.47
Long-Term Deferred Charges	3.79	3.58	11.15	18.87	10.49	3.06
Other Long-Term Assets	96.67	100.79	14.33	23.21	24.53	62.89
Total Assets	9,635	9,113	6,940	7,123	5,333	3,728
Accounts Payable	2,270	2,322	1,512	999.84	666.01	660.59
Accrued Expenses	31.32	108.67	51.88	64.61	99.91	65.8
Short-Term Debt	2,017	1,734	1,042	1,018	515.33	527.35
Current Portion of Long-Term Debt	158.49	-	342.51	389.05	59.86	6.34
Current Portion of Leases	-	-	11.32	9.06	85.5	8.64
Current Income Taxes Payable	46.94	-	2.8	5.69	13.75	5.55
Current Unearned Revenue	126.96	86.62	106.2	23.82	9.19	22.14
Other Current Liabilities	903.23	806.83	125.5	289.2	66.09	15.7
Total Current Liabilities	5,553	5,058	3,195	2,799	1,516	1,312
Long-Term Debt	959.47	842.31	772.28	823.28	567.85	96.1
Long-Term Leases	17.56	18.32	28.3	86.66	86.68	8.31
Long-Term Unearned Revenue	3.28	3.47	9.13	9.99	11.63	2.94
Long-Term Deferred Tax Liabilities	39.81	41.99	28	35.82	6.21	5.83
Other Long-Term Liabilities	70.71	72.46	2.16	58.97	1.86	11.86
Total Liabilities	6,644	6,037	4,034	3,814	2,190	1,437
Common Stock	303.4	303.4	303.4	305.4	305.4	252.49
Additional Paid-In Capital	1,866	1,907	1,896	1,952	1,961	1,320
Retained Earnings	678.35	671.48	546.04	813.32	784.98	737.25
Treasury Stock	-124.41	-124.41	-23.67	-100.02	-54.31	-50.53
Comprehensive Income & Other	51.47	53.49	5.92	6.06	4.39	3.15
Total Common Equity	2,774	2,811	2,728	2,977	3,001	2,263
Minority Interest	216.51	265.24	177.82	332.33	141.24	28.54
Shareholders' Equity	2,991	3,076	2,906	3,309	3,143	2,291
Total Liabilities & Equity	9,635	9,113	6,940	7,123	5,333	3,728
Total Debt	3,152	2,594	2,197	2,326	1,315	646.73
Net Cash (Debt)	-2,265	-1,812	-1,397	-1,681	-638.05	-262.83
Net Cash Per Share	-7.72	-6.15	-4.68	-5.55	-2.37	-1.05
Filing Date Shares Outstanding	298.45	290	301.45	297.16	300.71	248.59
Total Common Shares Outstanding	298.45	290	301.45	297.16	300.71	248.59
Working Capital	709.01	694.81	776.08	868.42	1,464	933.45
Book Value Per Share	9.30	9.69	9.05	10.02	9.98	9.10
Tangible Book Value	2,015	2,041	1,962	1,782	2,172	1,707
Tangible Book Value Per Share	6.75	7.04	6.51	6.00	7.22	6.87
Buildings	-	-	995.09	846.05	640.82	518.02
Machinery	-	-	628.78	662.02	420	274.75
Construction In Progress	-	-	715.27	843.04	416.66	74.53

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