SHE:002706 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	1,140	862.69	574.64	1,015	931.05	615.28
Short-Term Investments	52.79	52.43	-	130.01	100	-
Trading Asset Securities	-	234.26	320.35	351.42	553.89	-
Cash & Short-Term Investments	1,193	1,149	894.99	1,497	1,585	615.28
Cash Growth	17.83%	28.42%	-40.21%	-5.56%	157.60%	2.85%
Accounts Receivable	1,413	1,401	1,303	1,256	1,311	1,312
Other Receivables	39.67	21.75	54.03	46.95	37.3	56.9
Receivables	1,452	1,423	1,357	1,302	1,349	1,368
Inventory	635.49	563.04	469.36	461.79	504.31	507.66
Prepaid Expenses	-	8.84	1.76	-	-	-
Other Current Assets	49.42	48.53	19.69	14.47	16.15	12.71
Total Current Assets	3,330	3,193	2,743	3,276	3,454	2,504
Property, Plant & Equipment	2,096	2,122	2,113	1,960	1,698	1,331
Long-Term Investments	51.82	50.31	45.04	36.81	24.49	24.74
Goodwill	28.34	28.34	18.73	18.73	18.73	18.73
Other Intangible Assets	211.86	214.62	192.69	175.8	162.25	159.63
Long-Term Deferred Tax Assets	34.69	31.93	30.32	27.63	20.62	26.68
Long-Term Deferred Charges	124.68	113.94	130.09	140.07	127.36	116.29
Other Long-Term Assets	225.63	236.37	233.14	184.55	199.55	237.46
Total Assets	6,104	5,990	5,506	5,820	5,705	4,419
Accounts Payable	889.33	892.56	951.81	1,020	1,177	1,298
Accrued Expenses	119.75	179.49	224.59	193.54	179.32	177.33
Short-Term Debt	372.65	360.04	70	202.07	124.18	188.58
Current Portion of Long-Term Debt	5.12	4.85	-	-	36	3.8
Current Portion of Leases	-	5	6.58	5.55	7.16	5.45
Current Income Taxes Payable	48.21	8.96	0.37	19.3	3.97	4.44
Current Unearned Revenue	73.22	63.92	58.86	21.8	30.5	39.15
Other Current Liabilities	108.67	66.86	148.29	168.54	100.99	124.81
Total Current Liabilities	1,617	1,582	1,461	1,631	1,659	1,841
Long-Term Debt	12.07	12.32	-	-	258.71	326.66
Long-Term Leases	0.83	2.13	3.38	3.97	7	9.96
Long-Term Unearned Revenue	72.43	62.95	64.72	49.79	34.33	25.87
Long-Term Deferred Tax Liabilities	-	-	-	-	1.59	3.45
Other Long-Term Liabilities	-	-	-	-	0.47	5.5
Total Liabilities	1,702	1,659	1,529	1,685	1,961	2,213
Common Stock	1,123	1,123	1,123	1,123	1,123	1,019
Additional Paid-In Capital	1,725	1,726	1,578	1,530	1,660	246.66
Retained Earnings	1,714	1,657	1,631	1,599	1,313	1,115
Treasury Stock	-235.66	-250.04	-354.65	-117.36	-352.54	-174.68
Total Common Equity	4,326	4,257	3,977	4,135	3,744	2,206
Minority Interest	75.2	74.39	-0.04	-	-	-
Shareholders' Equity	4,402	4,331	3,977	4,135	3,744	2,206
Total Liabilities & Equity	6,104	5,990	5,506	5,820	5,705	4,419
Total Debt	390.67	384.35	79.97	211.58	433.06	534.45
Net Cash (Debt)	802.54	765.02	815.02	1,285	1,152	80.82
Net Cash Growth	12.01%	-6.13%	-36.59%	11.58%	1325.18%	-85.78%
Net Cash Per Share	0.71	0.69	0.73	1.13	1.07	0.08
Filing Date Shares Outstanding	1,099	1,085	1,111	1,123	1,105	1,019
Total Common Shares Outstanding	1,099	1,085	1,111	1,123	1,105	1,019
Working Capital	1,713	1,611	1,283	1,645	1,795	662.9
Book Value Per Share	3.94	3.92	3.58	3.68	3.39	2.16
Tangible Book Value	4,086	4,014	3,766	3,940	3,563	2,028
Tangible Book Value Per Share	3.72	3.70	3.39	3.51	3.22	1.99
Buildings	-	-	-	1,183	1,051	603.15
Machinery	-	783.74	682.23	630.21	477.65	375.72
Construction In Progress	-	40	80.69	534.98	484.98	604.48

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