SHE:002735 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	299.29	344.89	301.46	1,026	132.7	168.67
Trading Asset Securities	60.13	110.21	281.85	8.79	5.89	-
Cash & Short-Term Investments	359.43	455.1	583.32	1,034	138.6	168.67
Cash Growth	-28.22%	-21.98%	-43.61%	646.38%	-17.83%	31.91%
Accounts Receivable	1,099	1,142	1,060	833.66	731.77	736.49
Other Receivables	28.78	21.04	30.15	31.58	25.11	17.66
Receivables	1,127	1,163	1,090	865.23	756.88	754.15
Inventory	365.96	369.62	349.59	250.03	241.41	154.79
Other Current Assets	57.48	47.76	29.65	44.77	14.75	16.29
Total Current Assets	1,910	2,035	2,053	2,195	1,152	1,094
Property, Plant & Equipment	875.74	839.88	696.36	524.28	445.99	319.58
Long-Term Investments	17.62	18.07	11.4	11.08	11.85	13.02
Goodwill	12.93	12.93	122.22	191.12	191.12	185.65
Other Intangible Assets	141.66	144.1	147.55	153.99	163.61	57.79
Long-Term Deferred Tax Assets	113.85	93.59	67.64	62.54	63.97	40.08
Long-Term Deferred Charges	45.7	45.49	27.49	20.84	23.17	17.36
Other Long-Term Assets	78.8	70.17	64.99	50.26	58.8	50.8
Total Assets	3,197	3,259	3,191	3,209	2,110	1,778
Accounts Payable	667.05	753.94	676.08	432.06	325.12	320.05
Accrued Expenses	48.77	28.89	33.33	37.61	50.61	29.73
Short-Term Debt	328.31	392.11	403.94	285.02	220.23	138.37
Current Portion of Long-Term Debt	124.01	16.37	26.27	42.16	16.02	-
Current Portion of Leases	-	-	10.17	14.13	14.63	25.21
Current Income Taxes Payable	-	22.46	8.08	12.3	18.95	14.52
Current Unearned Revenue	20.2	20.84	9.41	5.27	9.31	3.67
Other Current Liabilities	119.93	52.05	91.47	283.12	194.13	153.9
Total Current Liabilities	1,308	1,287	1,259	1,112	849	685.47
Long-Term Debt	77.4	139.76	-	64.33	95.02	18.02
Long-Term Leases	60.29	72.75	21.06	28.56	28.05	26.88
Long-Term Unearned Revenue	27.17	27.38	10.44	2.84	3.23	-
Long-Term Deferred Tax Liabilities	14.29	13.86	15.66	17.05	20.31	3.83
Total Liabilities	1,487	1,540	1,306	1,224	995.61	734.2
Common Stock	382.01	382.01	382.01	390.91	213.29	213.29
Additional Paid-In Capital	860.41	860.41	854.55	906.28	147.27	261.12
Retained Earnings	381.68	371.59	534.14	620.18	574.4	503.91
Treasury Stock	-57.54	-57.54	-54.98	-112.96	-64.29	-97.47
Comprehensive Income & Other	-3.8	12.06	6.76	3.92	0.53	-3.53
Total Common Equity	1,563	1,569	1,722	1,808	871.2	877.33
Minority Interest	146.43	150.48	162.15	175.85	243.36	166.64
Shareholders' Equity	1,709	1,719	1,885	1,984	1,115	1,044
Total Liabilities & Equity	3,197	3,259	3,191	3,209	2,110	1,778
Total Debt	590.01	620.98	461.44	434.19	373.95	208.49
Net Cash (Debt)	-230.58	-165.88	121.88	600.28	-235.35	-39.83
Net Cash Growth	-	-	-79.70%	-	-	-
Net Cash Per Share	-0.65	-0.44	0.32	1.99	-0.79	-0.13
Filing Date Shares Outstanding	336.1	446.16	382.01	390.91	298.6	298.6
Total Common Shares Outstanding	336.1	446.16	382.01	390.91	298.6	298.6
Working Capital	602.03	748.53	794.15	1,083	302.64	408.43
Book Value Per Share	4.65	3.52	4.51	4.63	2.92	2.94
Tangible Book Value	1,408	1,412	1,453	1,463	516.46	633.89
Tangible Book Value Per Share	4.19	3.16	3.80	3.74	1.73	2.12
Buildings	-	-	404.86	326.15	227.15	162.28
Machinery	-	-	548.89	387.54	389.86	236.93
Construction In Progress	-	-	18.49	68.46	73.37	8.3

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