SHE:002755 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	1,284	1,422	1,411	1,047	772.71	1,166
Trading Asset Securities	1,197	1,059	683.28	713.83	839.08	522.39
Cash & Short-Term Investments	2,481	2,481	2,095	1,761	1,612	1,688
Cash Growth	8.71%	18.43%	18.96%	9.25%	-4.51%	14.90%
Accounts Receivable	201.65	279.17	231.83	181.24	323.03	581.86
Other Receivables	6.66	6.77	13.02	49.88	25.21	16.29
Receivables	208.31	285.94	244.85	231.12	348.23	598.15
Inventory	117.69	124.55	196.99	167.49	141.53	141.84
Other Current Assets	114.68	99.24	31.59	27	36.56	59.14
Total Current Assets	2,921	2,991	2,568	2,186	2,138	2,487
Property, Plant & Equipment	407.46	415.06	474.03	478.4	547.14	658.33
Long-Term Investments	47.1	47.61	118.72	118.21	107.57	105.18
Other Intangible Assets	562.28	578.89	146.34	98.34	95.77	97.69
Long-Term Deferred Tax Assets	24.65	24.65	24.62	25.73	25.85	28.69
Long-Term Deferred Charges	524.5	423.1	676.78	563.46	453.7	342.02
Other Long-Term Assets	36.01	37.26	38.97	53.26	46.22	5.75
Total Assets	4,523	4,517	4,048	3,524	3,414	3,725
Accounts Payable	47.32	121.07	59.98	38.29	39.08	65.72
Accrued Expenses	7.56	26.75	40.84	43.6	119.56	133.48
Short-Term Debt	-	27	62	114.02	45.03	-
Current Portion of Long-Term Debt	2.88	2.79	-	-	-	-
Current Portion of Leases	-	-	4.06	3.03	3.45	2.61
Current Income Taxes Payable	36.8	42.06	2.05	3.59	2.13	7.54
Current Unearned Revenue	237.97	282	108.51	15.88	11.68	15.26
Other Current Liabilities	736.63	665.16	543.53	213.14	102.81	177.11
Total Current Liabilities	1,069	1,167	820.96	431.55	323.74	401.71
Long-Term Leases	3.43	4.04	6.62	6.75	8.92	11.52
Long-Term Unearned Revenue	54.99	56.1	60.66	64.72	55.81	68.93
Long-Term Deferred Tax Liabilities	16.01	16.01	17.15	10.18	12.56	15.08
Total Liabilities	1,144	1,243	905.39	513.2	401.03	497.24
Common Stock	928.16	928.16	928.16	928.16	928.16	928.16
Additional Paid-In Capital	163.64	163.64	136.94	136.94	50.73	0.94
Retained Earnings	2,198	2,114	1,989	1,828	1,977	2,295
Comprehensive Income & Other	10.82	9.78	8.95	6.58	7.25	-5.9
Total Common Equity	3,301	3,215	3,063	2,900	2,963	3,219
Minority Interest	78.73	58.71	79.59	110.7	50.37	8.82
Shareholders' Equity	3,380	3,274	3,142	3,011	3,013	3,228
Total Liabilities & Equity	4,523	4,517	4,048	3,524	3,414	3,725
Total Debt	6.31	33.83	72.67	123.8	57.41	14.13
Net Cash (Debt)	2,474	2,447	2,022	1,637	1,554	1,674
Net Cash Growth	11.10%	21.01%	23.52%	5.32%	-7.14%	15.51%
Net Cash Per Share	2.60	2.59	2.14	1.76	1.65	1.81
Filing Date Shares Outstanding	938.54	994.19	928.16	928.16	928.16	928.16
Total Common Shares Outstanding	938.54	994.19	928.16	928.16	928.16	928.16
Working Capital	1,852	1,824	1,747	1,755	1,814	2,085
Book Value Per Share	3.52	3.23	3.30	3.12	3.19	3.47
Tangible Book Value	2,739	2,637	2,916	2,802	2,867	3,121
Tangible Book Value Per Share	2.92	2.65	3.14	3.02	3.09	3.36
Buildings	-	-	385.96	375.5	371.29	437.94
Machinery	-	-	804.36	744.21	767.2	776.51
Construction In Progress	-	-	23.51	36.07	29.8	19.71

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