SHE:002695 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	1,203	1,081	1,128	1,128	1,026	802.93
Short-Term Investments	-	-	80.47	170	100	100
Trading Asset Securities	-	-	20.03	-	-	-
Cash & Short-Term Investments	1,203	1,081	1,228	1,298	1,126	902.93
Cash Growth	-6.54%	-12.03%	-5.35%	15.24%	24.71%	-15.22%
Accounts Receivable	118.09	137.74	18.25	39.61	77.32	109.12
Other Receivables	17.17	19.06	33.02	19.57	16.88	26.74
Receivables	135.26	156.8	51.26	59.18	94.2	135.85
Inventory	418.17	473.82	455.27	497.92	517.96	736.88
Prepaid Expenses	-	-	1.4	17.82	7.46	16.07
Other Current Assets	85.1	131.04	118.12	112.98	82.31	95.27
Total Current Assets	1,842	1,842	1,854	1,986	1,828	1,887
Property, Plant & Equipment	1,447	1,440	1,112	1,029	883.76	884.47
Goodwill	324.45	324.45	22.42	33.17	39.78	40.18
Other Intangible Assets	211.68	213.87	188.49	188.19	159.62	124.54
Long-Term Deferred Tax Assets	57.6	57.8	65.41	52.3	38.58	22.76
Long-Term Deferred Charges	25.33	21.53	20.82	29.9	37.38	40.2
Other Long-Term Assets	18.01	27.21	19.06	43.18	14.01	21.56
Total Assets	3,926	3,927	3,282	3,361	3,001	3,021
Accounts Payable	190.87	217.36	138.23	129.17	88.13	91.81
Accrued Expenses	19.5	41.25	74.54	81.13	92.94	82.75
Short-Term Debt	84.45	89.49	-	29.53	130.64	113.15
Current Portion of Long-Term Debt	9.84	15.91	-	-	-	5.81
Current Portion of Leases	-	-	13.06	9.96	8.82	36.34
Current Income Taxes Payable	7.35	15.95	1.86	1.6	4.2	1.3
Current Unearned Revenue	41.46	25.98	14.39	16.45	14.54	9.71
Other Current Liabilities	293.07	321.6	86.39	110.35	101.14	72.23
Total Current Liabilities	646.53	727.55	328.46	378.19	440.41	413.1
Long-Term Leases	59.53	32.49	13.12	14.29	15.24	87.22
Long-Term Unearned Revenue	205.18	205.69	179.16	165.88	159.18	143.89
Long-Term Deferred Tax Liabilities	9.47	9.47	5.67	5.66	4.92	-
Total Liabilities	920.7	975.19	526.41	564.02	619.75	644.22
Common Stock	559.59	559.59	559.01	556.95	512.3	512.43
Additional Paid-In Capital	952.88	952.88	961.84	943.85	687.54	671.71
Retained Earnings	1,299	1,253	1,233	1,293	1,230	1,230
Treasury Stock	-	-	-	-	-85.49	-86.46
Total Common Equity	2,811	2,766	2,754	2,794	2,344	2,328
Minority Interest	193.97	186.05	1.92	3.52	37.03	48.6
Shareholders' Equity	3,005	2,952	2,756	2,797	2,381	2,376
Total Liabilities & Equity	3,926	3,927	3,282	3,361	3,001	3,021
Total Debt	153.81	137.89	26.18	53.79	154.7	242.52
Net Cash (Debt)	1,050	942.67	1,202	1,244	971.39	660.4
Net Cash Growth	-16.74%	-21.58%	-3.36%	28.06%	47.09%	-30.56%
Net Cash Per Share	1.88	1.69	2.15	2.19	1.90	1.28
Filing Date Shares Outstanding	556.2	561.03	559.43	556.95	508.58	508.71
Total Common Shares Outstanding	556.2	561.03	559.01	556.95	508.58	508.71
Working Capital	1,195	1,115	1,526	1,607	1,388	1,474
Book Value Per Share	5.05	4.93	4.93	5.02	4.61	4.58
Tangible Book Value	2,275	2,227	2,543	2,572	2,145	2,163
Tangible Book Value Per Share	4.09	3.97	4.55	4.62	4.22	4.25
Buildings	-	-	963.01	831.28	728.03	656.18
Machinery	-	-	393.12	362.86	325.83	311.44
Construction In Progress	-	-	166.81	201.9	148.17	102.17

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