SHE:002762 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	103	110.65	160.02	223.76	153.37	185.5
Short-Term Investments	-	-	-	-	100.27	35.16
Trading Asset Securities	48.68	48.68	111.86	-	-	-
Cash & Short-Term Investments	151.69	159.33	271.88	223.76	253.64	220.66
Cash Growth	-43.42%	-41.40%	21.51%	-11.78%	14.95%	-53.90%
Accounts Receivable	34.12	31.16	26.42	12.6	13.09	18
Other Receivables	6.69	6.28	28.38	4.46	43.1	6.59
Receivables	40.81	37.44	54.8	17.05	56.2	24.58
Inventory	106.74	106.71	93.07	102.06	116.51	150.62
Other Current Assets	13.94	13.77	10.28	3.52	3.1	6.9
Total Current Assets	313.17	317.25	430.03	346.39	429.45	402.76
Property, Plant & Equipment	179	180.15	225.66	248.54	253.61	249.97
Long-Term Investments	81.79	81.94	172.07	217.05	173.22	328.19
Goodwill	43.29	43.29	43.29	-	-	-
Other Intangible Assets	42.24	42.63	44.15	45.76	51.04	53.02
Long-Term Deferred Tax Assets	24.57	24.18	12.31	30.97	33.72	32.67
Long-Term Deferred Charges	5.98	6.61	4.53	3.08	2.37	2.98
Other Long-Term Assets	69.16	69.86	23.53	-	-	0.11
Total Assets	759.2	765.92	955.57	891.79	943.41	1,070
Accounts Payable	22.04	26.33	18.46	25.03	25.63	43.76
Accrued Expenses	6.36	12.06	12.08	8.62	13.32	10.7
Current Portion of Leases	-	5.15	6.54	2.62	1.96	4.36
Current Income Taxes Payable	6.83	1.87	2.46	0.01	1.06	2.1
Current Unearned Revenue	25.95	26.17	28.76	10.82	13.86	16.16
Other Current Liabilities	7.88	10.62	8.83	7.88	9.59	8.7
Total Current Liabilities	73.9	82.2	77.12	54.99	65.43	85.77
Long-Term Leases	16.93	15.89	3.99	2.96	1.2	0.69
Long-Term Deferred Tax Liabilities	-	-	0.63	-	-	-
Total Liabilities	90.83	98.09	81.74	57.95	66.62	86.47
Common Stock	354.03	354.03	354.03	354.03	354.03	354.03
Additional Paid-In Capital	164.18	164.18	159.56	159.5	159.5	159.53
Retained Earnings	150.3	150.18	354.84	320.39	361.59	467.74
Total Common Equity	668.5	668.38	868.42	833.91	875.11	981.3
Minority Interest	-0.13	-0.55	5.41	-0.07	1.68	1.94
Shareholders' Equity	668.37	667.83	873.83	833.84	876.79	983.24
Total Liabilities & Equity	759.2	765.92	955.57	891.79	943.41	1,070
Total Debt	21.78	21.04	10.52	5.59	3.16	5.05
Net Cash (Debt)	129.91	138.29	261.36	218.18	250.48	215.6
Net Cash Growth	-49.91%	-47.09%	19.79%	-12.90%	16.18%	-52.99%
Net Cash Per Share	0.34	0.39	0.75	0.65	0.71	0.62
Filing Date Shares Outstanding	395.05	354.03	354.03	354.03	354.03	354.03
Total Common Shares Outstanding	395.05	354.03	354.03	354.03	354.03	354.03
Working Capital	239.28	235.05	352.9	291.4	364.02	316.98
Book Value Per Share	1.69	1.89	2.45	2.36	2.47	2.77
Tangible Book Value	582.97	582.46	780.98	788.16	824.07	928.27
Tangible Book Value Per Share	1.48	1.65	2.21	2.23	2.33	2.62
Buildings	-	182.87	243.78	274.05	273.56	184.81
Machinery	-	45.14	45.69	37.47	37.32	31.93
Construction In Progress	-	7.47	7.71	7.38	4.1	83.23

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