SHE:002749 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	1,072	1,137	1,420	1,249	1,016	1,155
Cash & Short-Term Investments	1,072	1,137	1,420	1,249	1,016	1,155
Cash Growth	-10.03%	-19.97%	13.74%	22.93%	-12.01%	21.97%
Accounts Receivable	101.54	93.45	89.33	83.27	91.02	66.72
Other Receivables	8.44	17.85	17.83	8.97	11.18	21.85
Receivables	109.99	111.29	107.16	92.23	102.2	88.56
Inventory	367.47	352.89	359.67	353.29	386.86	260.8
Prepaid Expenses	-	1.2	3.06	1.36	0.15	0.33
Other Current Assets	53.05	26.07	33.66	172.21	25.22	20.89
Total Current Assets	1,603	1,628	1,924	1,868	1,530	1,525
Property, Plant & Equipment	545.29	532.75	520.11	494	452.22	336.92
Long-Term Investments	8	8	8	8.2	3.2	3.2
Goodwill	56.38	56.38	56.38	56.38	56.38	11.86
Other Intangible Assets	136.91	140.05	154.15	169.22	165.89	63.81
Long-Term Deferred Tax Assets	28.11	27.89	23.02	22.85	17.25	13.7
Long-Term Deferred Charges	3.37	4.51	8.33	8.7	0.75	-
Other Long-Term Assets	45.37	35.84	26.85	29.56	32.78	20.54
Total Assets	2,426	2,434	2,721	2,657	2,259	1,975
Accounts Payable	103.05	83.04	113.54	79.25	59.56	45.19
Accrued Expenses	32.59	121.49	114.44	99.66	82.51	73.66
Short-Term Debt	-	-	-	46.02	25.13	12.75
Current Portion of Leases	8.1	7.83	6.96	7.15	-	-
Current Income Taxes Payable	23.41	49.11	14.81	14.18	11.26	10.72
Current Unearned Revenue	93.6	59.22	48.21	46.38	58.93	67.88
Other Current Liabilities	67.62	70.25	69.29	40.02	47.72	45.39
Total Current Liabilities	328.36	390.94	367.26	332.66	285.1	255.58
Long-Term Debt	-	-	-	306.13	288.56	271.27
Long-Term Leases	9.26	10.53	16.83	20.22	0.68	-
Long-Term Unearned Revenue	23.46	20.82	20.37	19.23	21.63	27.97
Long-Term Deferred Tax Liabilities	14.45	14.8	16.53	18.74	16.54	4.07
Other Long-Term Liabilities	-	-	1.07	0.8	1	-
Total Liabilities	375.53	437.09	422.06	697.78	613.52	558.89
Common Stock	466.36	466.36	468.28	434.89	435.46	435.63
Additional Paid-In Capital	468.41	468.41	486.68	86.21	84.78	55.29
Retained Earnings	959.63	899.5	1,186	1,196	912.16	881.93
Treasury Stock	-32.13	-32.13	-40.92	-10.25	-20.4	-30.38
Comprehensive Income & Other	4.81	4.39	2.89	67.3	67.41	65.33
Total Common Equity	1,867	1,807	2,103	1,774	1,479	1,408
Minority Interest	183.75	189.91	195.9	184.51	165.82	8.43
Shareholders' Equity	2,051	1,996	2,299	1,959	1,645	1,416
Total Liabilities & Equity	2,426	2,434	2,721	2,657	2,259	1,975
Total Debt	17.36	18.36	23.79	379.52	314.37	284.02
Net Cash (Debt)	1,055	1,118	1,397	869.21	701.46	870.5
Net Cash Growth	-10.01%	-19.92%	60.67%	23.91%	-19.42%	27.71%
Net Cash Per Share	2.30	2.44	3.04	2.01	1.61	2.03
Filing Date Shares Outstanding	466.36	466.36	468.75	443.02	435.46	435.63
Total Common Shares Outstanding	466.36	466.36	468.28	434.89	435.46	435.63
Working Capital	1,275	1,237	1,557	1,535	1,245	1,270
Book Value Per Share	4.00	3.87	4.49	4.08	3.40	3.23
Tangible Book Value	1,674	1,610	1,892	1,549	1,257	1,332
Tangible Book Value Per Share	3.59	3.45	4.04	3.56	2.89	3.06
Buildings	-	277.22	273.21	263.31	246.27	189.69
Machinery	-	397.42	381.74	367.35	324.75	242.43
Construction In Progress	-	124.23	81.93	30.09	27.53	13.62

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