SHE:002759 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	813.59	683.95	1,060	1,919	1,029	505.33
Short-Term Investments	-	12	12	12	7.2	1.8
Trading Asset Securities	61.54	61.54	32.33	-	-	-
Cash & Short-Term Investments	875.13	757.49	1,105	1,931	1,036	507.13
Cash Growth	-3.98%	-31.44%	-42.78%	86.38%	104.29%	673.22%
Accounts Receivable	1,762	1,531	945.68	1,011	1,357	1,016
Other Receivables	41.08	40.35	8.1	6.28	6.38	7.7
Receivables	1,803	1,571	953.78	1,017	1,364	1,023
Inventory	651.57	418.36	326.54	384.76	431.17	189.76
Other Current Assets	115.61	69.52	140.52	79.36	89.52	24.34
Total Current Assets	3,445	2,817	2,526	3,412	2,920	1,745
Property, Plant & Equipment	2,710	2,609	2,581	1,936	1,384	915.52
Long-Term Investments	93.72	93.72	80.3	103.12	81.72	84.56
Goodwill	704.96	704.96	735.38	1,775	1,444	1,444
Other Intangible Assets	253.25	256.24	301.58	311.56	289.61	153.13
Long-Term Deferred Tax Assets	13.72	12.77	5.19	4.22	7.9	6.87
Long-Term Deferred Charges	0.35	-	-	-	-	-
Other Long-Term Assets	125.2	123.87	104.64	206.01	90.58	201.97
Total Assets	7,346	6,618	6,334	7,748	6,218	4,551
Accounts Payable	1,467	1,185	1,530	1,509	1,556	343.68
Accrued Expenses	28.34	124.64	57.81	43.94	63.32	95.37
Short-Term Debt	944.98	834.43	535.03	370.93	177.45	145
Current Portion of Long-Term Debt	170.04	53.32	50.58	55.99	2	-
Current Portion of Leases	-	-	-	0.43	-	-
Current Income Taxes Payable	47.19	5.13	5.24	6.99	13.51	59.63
Current Unearned Revenue	11.08	14.39	2.76	5.61	92.23	83.34
Other Current Liabilities	185.78	265.33	114.9	221.9	133.01	133.4
Total Current Liabilities	2,854	2,482	2,297	2,215	2,038	860.42
Long-Term Debt	343	277.49	240.09	239.38	35.95	-
Long-Term Unearned Revenue	4.62	4.66	0.67	0.68	0.72	1
Long-Term Deferred Tax Liabilities	5.4	5.55	6.35	7.21	0.66	11.03
Other Long-Term Liabilities	-	-	106.53	138	-	-
Total Liabilities	3,207	2,770	2,650	2,600	2,075	872.44
Common Stock	501.38	501.38	501.38	504.58	408.55	402.15
Additional Paid-In Capital	2,781	2,781	2,766	2,807	2,024	1,917
Retained Earnings	272.4	75.14	-7.04	1,394	1,468	1,094
Treasury Stock	-74.58	-74.58	-74.58	-44.51	-89.02	-
Comprehensive Income & Other	5.89	3.87	5.34	4.49	-	-
Total Common Equity	3,486	3,287	3,191	4,665	3,811	3,413
Minority Interest	653.16	560.61	492.77	482.78	332.14	265.7
Shareholders' Equity	4,139	3,848	3,684	5,148	4,143	3,679
Total Liabilities & Equity	7,346	6,618	6,334	7,748	6,218	4,551
Total Debt	1,458	1,165	825.69	666.74	215.4	145
Net Cash (Debt)	-582.9	-407.75	279.13	1,264	820.61	362.13
Net Cash Growth	-	-	-77.92%	54.05%	126.61%	-
Net Cash Per Share	-1.16	-0.79	0.56	3.11	2.04	0.90
Filing Date Shares Outstanding	505.78	491.76	491.76	504.58	408.55	402.15
Total Common Shares Outstanding	505.78	491.76	491.76	504.58	408.55	402.15
Working Capital	591.2	334.36	228.9	1,197	882.35	884.29
Book Value Per Share	6.89	6.68	6.49	9.25	9.33	8.49
Tangible Book Value	2,528	2,326	2,154	2,579	2,077	1,815
Tangible Book Value Per Share	5.00	4.73	4.38	5.11	5.08	4.51
Buildings	-	1,397	1,239	723.01	652.8	489.54
Machinery	-	1,955	1,687	1,099	902.64	478.25
Construction In Progress	-	129.4	335.04	664.66	211.3	261.34

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