SHE:002737 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	1,471	852.82	1,040	2,287	2,399	1,320
Short-Term Investments	-	-	-	-	-	304.42
Trading Asset Securities	1,203	1,755	1,258	1,315	1,449	668.69
Cash & Short-Term Investments	2,674	2,608	2,298	3,602	3,847	2,293
Cash Growth	11.40%	13.47%	-36.19%	-6.38%	67.77%	27.52%
Accounts Receivable	131.82	182.31	584.93	110.13	184.25	268.98
Other Receivables	10.57	8.82	14.95	41.42	42.57	12.21
Receivables	142.39	191.13	599.88	151.56	226.82	281.19
Inventory	654.05	617.43	867.31	873.19	632.08	709.64
Prepaid Expenses	-	11.54	31.68	44.3	3.74	8.75
Other Current Assets	91.8	73.61	88.23	116.81	151.03	100.11
Total Current Assets	3,562	3,502	3,886	4,788	4,861	3,393
Property, Plant & Equipment	1,187	1,208	1,311	1,435	1,497	1,577
Long-Term Investments	78	94.88	97.12	122.44	141.38	131.32
Goodwill	56.44	56.44	86.98	91.77	91.77	107.6
Other Intangible Assets	307.95	312.73	332.64	345.37	366.52	337.77
Long-Term Deferred Tax Assets	65.78	64.15	37.62	58.92	56.51	55.78
Long-Term Deferred Charges	5.65	6.75	10.03	8.86	6.81	1.87
Other Long-Term Assets	92.43	83.9	64.89	31.39	10.85	30.77
Total Assets	5,356	5,328	5,826	6,882	7,032	5,635
Accounts Payable	411.75	421.62	319.05	734.6	714.48	547.18
Accrued Expenses	74.13	136.84	205.55	233.76	301.01	124.75
Short-Term Debt	105	108.49	0.02	14.43	420	200
Current Portion of Leases	-	4.44	4.95	4.46	5.59	3.5
Current Income Taxes Payable	41.08	5.96	4.73	87.53	60.21	43.54
Current Unearned Revenue	230.61	272.57	285.68	297.32	551.54	167.04
Other Current Liabilities	201.45	201.6	207.55	147.8	122.54	166.6
Total Current Liabilities	1,068	1,152	1,028	1,520	2,175	1,253
Long-Term Debt	-	-	-	-	-	33.57
Long-Term Leases	1.59	3	4.03	7.62	10.5	7.01
Long-Term Unearned Revenue	175.26	178.83	199.37	342.08	397.26	389.08
Long-Term Deferred Tax Liabilities	2.59	3.01	4.95	7.61	9.89	17.82
Other Long-Term Liabilities	1.3	1.3	-	-	-	-
Total Liabilities	1,249	1,338	1,236	1,877	2,593	1,700
Common Stock	584	584	584	584	584	584
Additional Paid-In Capital	929.06	929.06	918.43	915.66	889.99	896.7
Retained Earnings	2,429	2,318	2,868	3,252	2,716	2,256
Treasury Stock	-	-	-	-	-	-44
Comprehensive Income & Other	6.92	6.9	9.16	12.28	14.38	16.77
Total Common Equity	3,949	3,838	4,379	4,763	4,205	3,709
Minority Interest	157.87	152.37	210.86	241.25	234	225.72
Shareholders' Equity	4,106	3,991	4,590	5,005	4,439	3,935
Total Liabilities & Equity	5,356	5,328	5,826	6,882	7,032	5,635
Total Debt	111	115.93	8.99	26.52	436.08	244.08
Net Cash (Debt)	2,563	2,492	2,289	3,576	3,411	2,049
Net Cash Growth	7.12%	8.85%	-35.97%	4.82%	66.47%	37.72%
Net Cash Per Share	4.41	4.25	3.91	6.13	5.82	3.52
Filing Date Shares Outstanding	580.45	584	584	584	584	587.54
Total Common Shares Outstanding	580.45	584	584	584	584	587.54
Working Capital	2,493	2,350	2,858	3,268	2,686	2,140
Book Value Per Share	6.80	6.57	7.50	8.16	7.20	6.31
Tangible Book Value	3,584	3,469	3,960	4,326	3,746	3,264
Tangible Book Value Per Share	6.17	5.94	6.78	7.41	6.42	5.56
Buildings	-	1,565	1,567	1,612	1,604	1,589
Machinery	-	1,145	1,121	1,075	1,014	982.56
Construction In Progress	-	32.36	30.84	35.7	30.29	19.15