SHE:002675 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	820.2	871.93	757.01	644.42	1,022	826.61
Trading Asset Securities	172.68	225.22	148.54	20.12	27.33	129.27
Cash & Short-Term Investments	992.88	1,097	905.55	664.53	1,049	955.88
Cash Growth	18.46%	21.16%	36.27%	-36.65%	9.74%	14.64%
Accounts Receivable	1,041	989.89	936.24	794.08	883.53	875.48
Other Receivables	21.1	5.05	0.65	10.96	62.13	19.06
Receivables	1,062	994.94	936.89	805.04	945.66	894.55
Inventory	494.22	532.57	646.22	903.86	1,078	952.53
Other Current Assets	64.89	60.28	78.99	104.25	120.05	96.81
Total Current Assets	2,614	2,685	2,568	2,478	3,193	2,900
Property, Plant & Equipment	2,625	2,629	2,335	2,147	1,964	1,616
Long-Term Investments	383.83	383.91	356.05	212.92	191.1	243.37
Goodwill	2,484	2,491	2,501	2,544	2,330	2,373
Other Intangible Assets	275.04	281.68	252.54	219.44	226.06	191.41
Long-Term Deferred Tax Assets	144.27	134.66	94.89	88.03	63.71	58.61
Long-Term Deferred Charges	461.79	444.73	363.02	243	133.24	177.03
Other Long-Term Assets	191.24	173.43	164.82	150.37	76.69	96.54
Total Assets	9,179	9,224	8,635	8,082	8,177	7,656
Accounts Payable	523.92	583.93	588.41	876.02	1,332	1,052
Accrued Expenses	97.03	337.36	281.49	240.55	255.3	216.99
Short-Term Debt	246.61	252	490.23	372.97	391.47	365.96
Current Portion of Long-Term Debt	95.56	68.44	64.65	147.6	46.66	156.37
Current Portion of Leases	-	18.14	9.34	11.39	4.99	3.69
Current Income Taxes Payable	89.96	57.49	47.96	53.46	56.61	36.14
Current Unearned Revenue	101.68	87.1	106.01	114.25	108.82	68.47
Other Current Liabilities	376.33	231.55	165.87	135.48	197.72	143.11
Total Current Liabilities	1,531	1,636	1,754	1,952	2,393	2,043
Long-Term Debt	375.55	297.33	301.86	249.21	232.6	520.36
Long-Term Leases	141.1	140.4	33.88	11.07	7.53	2.89
Long-Term Unearned Revenue	197.43	192.28	196.79	236.97	240.27	47.33
Long-Term Deferred Tax Liabilities	25.04	22.69	17.41	18.1	18.63	16.76
Other Long-Term Liabilities	1,504	1,471	959.32	219.66	2.22	2.22
Total Liabilities	3,775	3,760	3,263	2,687	2,895	2,633
Common Stock	824.6	824.6	824.6	824.6	824.6	802.21
Additional Paid-In Capital	1,700	1,700	1,998	2,341	2,402	2,317
Retained Earnings	1,847	1,814	1,643	1,603	1,517	1,290
Comprehensive Income & Other	-0.24	11.81	14.84	6.86	4.84	-11.78
Total Common Equity	4,286	4,350	4,480	4,775	4,749	4,397
Minority Interest	1,118	1,114	891.02	620.22	533.66	626.35
Shareholders' Equity	5,404	5,464	5,371	5,396	5,282	5,024
Total Liabilities & Equity	9,179	9,224	8,635	8,082	8,177	7,656
Total Debt	858.82	776.32	899.96	792.23	683.25	1,049
Net Cash (Debt)	134.06	320.83	5.59	-127.7	365.7	-93.39
Net Cash Growth	276.05%	5638.53%	-	-	-	-
Net Cash Per Share	0.16	0.39	0.01	-0.15	0.45	-0.12
Filing Date Shares Outstanding	824.6	824.6	824.6	824.6	824.6	802.21
Total Common Shares Outstanding	824.6	824.6	824.6	824.6	824.6	802.21
Working Capital	1,083	1,049	813.69	525.96	799.34	856.82
Book Value Per Share	5.20	5.28	5.43	5.79	5.76	5.48
Tangible Book Value	1,527	1,577	1,727	2,012	2,193	1,833
Tangible Book Value Per Share	1.85	1.91	2.09	2.44	2.66	2.28
Buildings	-	1,617	1,490	1,196	1,119	869.32
Machinery	-	1,291	1,162	943.15	870.18	747.8
Construction In Progress	-	639.8	567.91	780.03	641.37	561.05

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.