SHE:002733 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	1,287	1,275	1,371	1,317	1,419	1,478
Trading Asset Securities	-	-	-	0.05	410.32	469.2
Cash & Short-Term Investments	1,287	1,275	1,371	1,317	1,830	1,947
Cash Growth	-14.32%	-7.03%	4.07%	-28.00%	-6.03%	9.17%
Accounts Receivable	1,231	1,278	1,196	1,066	1,070	975.79
Other Receivables	63.33	52.71	80.1	142.78	130.09	205.68
Receivables	1,294	1,330	1,276	1,209	1,200	1,181
Inventory	876.61	805.73	760.36	692.26	958.73	709.66
Prepaid Expenses	-	-	1.88	1.83	1.83	2.47
Other Current Assets	117.73	110.09	60.77	93.33	132.31	150.25
Total Current Assets	3,576	3,521	3,470	3,313	4,122	3,991
Property, Plant & Equipment	805.85	828.75	903.7	883.14	670.37	615.49
Long-Term Investments	512.92	529.37	564.59	557.79	535.65	756.99
Goodwill	2.14	2.14	2.14	2.14	4.2	4.2
Other Intangible Assets	176.29	178.64	186.64	188.21	232.57	178.64
Long-Term Accounts Receivable	-	-	-	-	2.63	16.37
Long-Term Deferred Tax Assets	61.3	56.79	55.3	60.02	62.78	62.87
Long-Term Deferred Charges	84.85	88.75	101.04	69.99	23	30.22
Other Long-Term Assets	7.95	7.63	0.8	-	-	71.88
Total Assets	5,227	5,213	5,284	5,075	5,654	5,728
Accounts Payable	970.9	997.62	813.35	944.3	1,707	1,804
Accrued Expenses	41.92	57.79	103.66	76.72	105.14	58.28
Short-Term Debt	637.02	572.16	779.53	561.8	517.84	751.34
Current Portion of Long-Term Debt	133.11	113.49	141.69	14.17	129.11	156.54
Current Portion of Leases	-	-	22.49	21.57	27.19	14.8
Current Income Taxes Payable	27.75	25.95	8.44	8.38	25.22	7.15
Current Unearned Revenue	31.54	49.29	41.71	29.29	26.42	62.9
Other Current Liabilities	225.96	206.3	93.41	82.52	17.9	25.11
Total Current Liabilities	2,068	2,023	2,004	1,739	2,556	2,880
Long-Term Debt	109.76	148.29	218.27	252.87	141.91	76.5
Long-Term Leases	70.99	71.24	94.79	75.41	45.42	55.76
Long-Term Unearned Revenue	63.48	65.6	70.61	76.11	61.89	58.48
Long-Term Deferred Tax Liabilities	89.37	90.1	94.14	89.98	86.91	100.87
Other Long-Term Liabilities	5.4	5.4	5	16.36	24.75	19.12
Total Liabilities	2,407	2,403	2,487	2,249	2,917	3,191
Common Stock	384.21	384.21	384.21	384.21	384.21	384.21
Additional Paid-In Capital	1,809	1,809	1,809	1,809	1,809	1,809
Retained Earnings	660.7	639.58	597.59	557.39	456.96	297.75
Treasury Stock	-80.04	-80.04	-80.04	-7.35	-	-
Comprehensive Income & Other	-56.37	-43.05	-8.89	-15.45	-13.83	-62.5
Total Common Equity	2,718	2,710	2,702	2,728	2,637	2,429
Minority Interest	102.12	99.53	95.15	97.06	99.91	107.66
Shareholders' Equity	2,820	2,810	2,797	2,825	2,737	2,536
Total Liabilities & Equity	5,227	5,213	5,284	5,075	5,654	5,728
Total Debt	950.88	905.18	1,257	925.81	861.47	1,055
Net Cash (Debt)	336.19	369.34	114.09	391.46	968.1	892.12
Net Cash Growth	-	223.72%	-70.85%	-59.56%	8.52%	-9.12%
Net Cash Per Share	0.93	0.97	0.31	1.02	2.50	2.33
Filing Date Shares Outstanding	352.6	378.43	377.81	379.65	384.21	384.21
Total Common Shares Outstanding	352.6	378.43	377.81	379.65	384.21	384.21
Working Capital	1,508	1,498	1,466	1,575	1,566	1,111
Book Value Per Share	7.71	7.16	7.15	7.19	6.86	6.32
Tangible Book Value	2,539	2,529	2,513	2,538	2,400	2,246
Tangible Book Value Per Share	7.20	6.68	6.65	6.68	6.25	5.85
Buildings	-	-	279.75	288.54	293.98	280.87
Machinery	-	-	957.35	945.15	708.5	604.26
Construction In Progress	-	-	190	126.72	115.15	68.87

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