SHE:002689 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	Dec '21 Dec 31, 2021
Cash & Equivalents	477.49	475.81	323.07	343.67	288.91	365.45
Short-Term Investments	-	-	-	-	30.9	-
Trading Asset Securities	64	70.54	19.06	88.61	-	-
Cash & Short-Term Investments	541.5	546.35	342.13	432.28	319.81	365.45
Cash Growth	63.88%	59.69%	-20.86%	35.17%	-12.49%	23.27%
Accounts Receivable	452.76	540.72	503.13	458.79	435.95	417.87
Other Receivables	49.88	38.72	52.61	38.5	45.37	32.67
Receivables	502.64	579.44	555.74	497.29	481.32	450.55
Inventory	303.89	277.86	339.75	337.53	488.66	495.87
Prepaid Expenses	-	0.7	0.38	-	-	-
Other Current Assets	27.09	25.75	25.14	17.82	49.72	16.57
Total Current Assets	1,375	1,430	1,263	1,285	1,340	1,328
Property, Plant & Equipment	198.44	205.34	235.36	280.77	295.52	370.59
Other Intangible Assets	168.32	168.66	174.38	188.43	181.55	245.7
Long-Term Deferred Tax Assets	49.61	50.47	53.22	60.77	67.14	64.54
Long-Term Deferred Charges	-	-	-	-	-	0.03
Other Long-Term Assets	110.9	112.8	106.94	87.08	86.53	115.96
Total Assets	1,902	1,967	1,833	1,902	1,970	2,125
Accounts Payable	371.62	435.67	327.08	380.83	391.01	431.17
Accrued Expenses	4.4	13.08	5.68	4.16	5.77	9.37
Current Portion of Leases	-	0.77	3.65	3.71	-	-
Current Income Taxes Payable	-	0.06	0.06	1.1	0.63	0.65
Current Unearned Revenue	160.82	119.04	173.71	180.68	246.4	241.44
Other Current Liabilities	34.49	33.03	42.13	48.11	52.31	61.6
Total Current Liabilities	571.33	601.66	552.31	618.58	696.11	744.23
Long-Term Leases	1	0.44	1.58	3.73	-	-
Long-Term Unearned Revenue	72.84	76.21	89.69	106.16	123.79	138.72
Long-Term Deferred Tax Liabilities	1.58	1.54	2.42	2.68	0.41	0.44
Other Long-Term Liabilities	9.43	9.81	8.28	7.12	11.17	4.54
Total Liabilities	656.17	689.66	654.28	738.28	831.47	887.94
Common Stock	1,043	1,043	1,043	1,043	1,043	1,043
Additional Paid-In Capital	87.09	87.09	87.09	87.09	92.29	81.57
Retained Earnings	124.25	155.34	54.69	36.57	5.56	116.96
Comprehensive Income & Other	-8.43	-8.03	-6.33	-3.29	-2.39	-4.52
Total Common Equity	1,246	1,278	1,179	1,164	1,139	1,237
Shareholders' Equity	1,246	1,278	1,179	1,164	1,139	1,237
Total Liabilities & Equity	1,902	1,967	1,833	1,902	1,970	2,125
Total Debt	1	1.21	5.23	7.44	-	-
Net Cash (Debt)	540.5	545.14	336.89	424.84	319.81	365.45
Net Cash Growth	66.23%	61.81%	-20.70%	32.84%	-12.49%	23.27%
Net Cash Per Share	0.52	0.52	0.32	0.41	0.31	0.35
Filing Date Shares Outstanding	1,043	1,043	1,043	1,043	1,043	1,043
Total Common Shares Outstanding	1,043	1,043	1,043	1,043	1,043	1,043
Working Capital	803.8	828.44	710.84	666.33	643.4	584.21
Book Value Per Share	1.19	1.22	1.13	1.12	1.09	1.19
Tangible Book Value	1,078	1,109	1,004	975.26	957.22	991.62
Tangible Book Value Per Share	1.03	1.06	0.96	0.93	0.92	0.95
Buildings	-	485.96	486.6	497.45	495.55	541.34
Machinery	-	200.62	198.6	205.78	222.53	239.67
Construction In Progress	-	-	0.11	2.19	0.25	12.73

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