SHE:002688 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	838.02	618.35	635.89	608.13	491.37	517.66
Trading Asset Securities	1.22	1.38	0.55	0.51	-	-
Cash & Short-Term Investments	839.24	619.74	636.45	608.64	491.37	517.66
Cash Growth	36.01%	-2.63%	4.57%	23.87%	-5.08%	64.44%
Accounts Receivable	634.47	656.18	659.9	633.13	504.86	493.6
Other Receivables	117.87	46.16	16.53	64.79	12.12	11.22
Receivables	752.35	702.34	676.43	697.92	516.98	504.82
Inventory	725.32	668.1	635.28	670.55	675.91	577.2
Prepaid Expenses	-	1.85	0.23	0.2	0.25	0.31
Other Current Assets	78.17	65.81	72.32	62.27	62.01	49.97
Total Current Assets	2,395	2,058	2,021	2,040	1,747	1,650
Property, Plant & Equipment	2,339	2,370	2,322	2,052	1,623	1,209
Long-Term Investments	12.15	17.16	17.16	12.16	3.15	0.53
Goodwill	279.92	282.11	460.3	497.95	298.91	295.97
Other Intangible Assets	614.85	631.15	639.94	656.4	629.72	645.33
Long-Term Deferred Tax Assets	51.64	50.77	71.21	50.05	16.54	9.99
Long-Term Deferred Charges	77.18	75.43	92.12	102.43	88.32	75.35
Other Long-Term Assets	47.65	34.9	27.03	42.98	102.16	178.59
Total Assets	5,817	5,519	5,651	5,454	4,509	4,065
Accounts Payable	220.61	298.57	313.71	254.91	263.11	122.04
Accrued Expenses	27.22	52.06	72.84	99.62	47.4	36.65
Short-Term Debt	670.62	730.35	1,032	1,687	1,246	833.9
Current Portion of Long-Term Debt	760.2	465.81	225.37	82.31	44.79	85.24
Current Portion of Leases	-	116.95	75.82	7.13	6.56	1.95
Current Income Taxes Payable	22.18	3.23	21.97	1.1	1.23	5.21
Current Unearned Revenue	18.09	24.74	17.96	17.77	25.66	30.61
Other Current Liabilities	126.42	110.46	101.16	107.78	29.42	48.08
Total Current Liabilities	1,845	1,802	1,861	2,257	1,665	1,164
Long-Term Debt	1,127	992.34	965.79	497.49	296.22	87
Long-Term Leases	180.4	113.01	154.64	26.19	7.67	-
Long-Term Unearned Revenue	57.63	59.09	56.12	39.24	38.09	38.33
Long-Term Deferred Tax Liabilities	107.2	108.99	112.97	116.88	76.6	67.38
Other Long-Term Liabilities	-	-	-	-	-	11.64
Total Liabilities	3,318	3,076	3,151	2,937	2,083	1,368
Common Stock	769.5	769.53	771.69	780.42	780.42	780.42
Additional Paid-In Capital	877.94	875.99	879.51	896.48	888.96	1,079
Retained Earnings	730.59	668.29	715.52	690.64	679.56	603.94
Treasury Stock	-94.16	-94.28	-138.86	-131.89	-131.89	-
Comprehensive Income & Other	1.19	8.87	18.75	11.14	4.61	-25.2
Total Common Equity	2,285	2,228	2,247	2,247	2,222	2,438
Minority Interest	214.34	214.94	253.25	269.89	203.63	258.28
Shareholders' Equity	2,499	2,443	2,500	2,517	2,425	2,696
Total Liabilities & Equity	5,817	5,519	5,651	5,454	4,509	4,065
Total Debt	2,739	2,418	2,454	2,300	1,602	1,008
Net Cash (Debt)	-1,899	-1,799	-1,818	-1,691	-1,110	-490.44
Net Cash Per Share	-2.44	-2.30	-2.35	-2.17	-1.42	-0.70
Filing Date Shares Outstanding	769.1	755.68	752.17	753.75	753.75	780.42
Total Common Shares Outstanding	769.1	755.68	752.17	753.75	753.75	780.42
Working Capital	549.74	255.66	159.49	-217.74	81.88	486.27
Book Value Per Share	2.97	2.95	2.99	2.98	2.95	3.12
Tangible Book Value	1,390	1,315	1,146	1,092	1,293	1,497
Tangible Book Value Per Share	1.81	1.74	1.52	1.45	1.72	1.92
Buildings	-	1,262	1,204	918.97	806.47	671.81
Machinery	-	2,249	2,032	1,586	1,515	1,145
Construction In Progress	-	195.5	246.27	645.56	300.79	289.91