SHE:002730 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	500.08	458.84	365.56	562.31	428.58	130.03
Trading Asset Securities	-	10.19	-	75.16	164.45	-
Cash & Short-Term Investments	500.08	469.03	365.56	637.47	593.03	130.03
Cash Growth	2.77%	28.30%	-42.65%	7.49%	356.08%	30.32%
Accounts Receivable	874.14	881.69	878.25	861.75	771.56	666.59
Other Receivables	18.99	16.92	15.91	16.09	11.59	7.35
Receivables	893.13	898.61	894.16	877.83	783.16	673.93
Inventory	347.46	376.19	288.03	272.25	270.29	154.27
Other Current Assets	84.83	85.89	88.93	44.47	45.01	41.21
Total Current Assets	1,825	1,830	1,637	1,832	1,691	999.44
Property, Plant & Equipment	803.99	826.05	839.97	417.08	244.08	193.06
Long-Term Investments	7.78	7.78	7.78	7.78	6.58	14.15
Goodwill	25.21	25.21	25.21	4.53	4.53	-
Other Intangible Assets	175.54	177.54	183.3	153.95	158.44	52
Long-Term Deferred Tax Assets	31.87	31.19	26.23	24.95	20.54	18.31
Long-Term Deferred Charges	5.56	6.15	6.47	8.28	10.28	6.76
Other Long-Term Assets	85.04	83.87	78.86	79.16	84.96	81.87
Total Assets	2,961	2,988	2,805	2,528	2,221	1,366
Accounts Payable	558.28	539.42	570.99	595.77	446.73	204.3
Accrued Expenses	15.85	40.31	45.01	37.56	38.41	27.02
Short-Term Debt	371.31	437.43	232.97	208.69	123.53	3
Current Portion of Long-Term Debt	74.06	66.06	-	-	-	-
Current Portion of Leases	-	-	-	-	0.99	1.03
Current Income Taxes Payable	20.9	12.72	13.47	12.91	5.05	3.53
Current Unearned Revenue	96.13	59.42	59.22	35.93	54.17	44.48
Other Current Liabilities	32.96	26.02	20.45	17.32	16.23	6.86
Total Current Liabilities	1,169	1,181	942.1	908.18	685.12	290.22
Long-Term Debt	58.82	97.32	177.91	-	-	-
Long-Term Leases	-	-	0.27	-	-	0.99
Long-Term Unearned Revenue	5.23	5.15	7.11	7.74	8.65	8.13
Long-Term Deferred Tax Liabilities	-	-	0	-	-	-
Other Long-Term Liabilities	-	-	-	2.69	2.25	1.79
Total Liabilities	1,234	1,284	1,127	918.61	696.02	301.13
Common Stock	362.08	362.08	362.08	362.08	362.08	322.67
Additional Paid-In Capital	517.38	517.38	517.38	517.38	517.38	187.67
Retained Earnings	770.31	748.45	728.45	681.09	601.31	551.29
Total Common Equity	1,650	1,628	1,608	1,561	1,481	1,062
Minority Interest	77.19	75.75	69.22	48.61	44.1	2.82
Shareholders' Equity	1,727	1,704	1,677	1,609	1,525	1,064
Total Liabilities & Equity	2,961	2,988	2,805	2,528	2,221	1,366
Total Debt	504.19	600.81	411.15	208.69	124.52	5.02
Net Cash (Debt)	-4.1	-131.78	-45.59	428.78	468.51	125.01
Net Cash Growth	-	-	-	-8.48%	274.78%	335.71%
Net Cash Per Share	-0.01	-0.37	-0.13	1.18	1.30	0.39
Filing Date Shares Outstanding	362.08	362.08	362.08	362.08	362.08	322.67
Total Common Shares Outstanding	362.08	362.08	362.08	362.08	362.08	322.67
Working Capital	656	648.35	694.59	923.85	1,006	709.22
Book Value Per Share	4.56	4.50	4.44	4.31	4.09	3.29
Tangible Book Value	1,449	1,425	1,399	1,402	1,318	1,010
Tangible Book Value Per Share	4.00	3.94	3.86	3.87	3.64	3.13
Buildings	-	663.04	375.96	323.21	323.21	279.71
Machinery	-	558.49	519.61	194.92	189.09	158.22
Construction In Progress	-	25.83	293.51	212.93	23.86	0.51

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