SHE:002766 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	141.31	360.64	262.51	390.91	215.69	513.36
Trading Asset Securities	458.96	316.11	131.04	70	80	-
Cash & Short-Term Investments	600.27	676.75	393.56	460.91	295.69	513.36
Cash Growth	43.09%	71.96%	-14.61%	55.87%	-42.40%	483.86%
Accounts Receivable	93.84	109.13	134.73	214.76	237.75	214.63
Other Receivables	13.36	13.37	4.85	3.91	2.54	5.46
Receivables	107.2	122.51	139.58	218.68	240.29	220.09
Inventory	105.2	76.72	138.89	199.33	234.58	185.94
Other Current Assets	31.63	30.06	24.59	37.22	37.17	91.61
Total Current Assets	844.29	906.04	696.61	916.13	807.74	1,011
Property, Plant & Equipment	188.56	193.72	200.4	171.3	159.48	169.03
Long-Term Investments	58.82	67.21	65.64	53.06	56.25	73.62
Other Intangible Assets	75.8	83.41	105.12	64.88	57.08	66.78
Long-Term Deferred Tax Assets	61.14	59.04	66.26	62.93	62.91	57.73
Long-Term Deferred Charges	23.03	21.41	21.71	10.05	12.62	-
Other Long-Term Assets	0.07	1.7	2.69	3.05	-	0.1
Total Assets	1,252	1,333	1,158	1,281	1,156	1,378
Accounts Payable	73.55	89.14	141.15	258.37	174.3	170.58
Accrued Expenses	10.05	28.36	50.53	52.88	46.67	78.8
Short-Term Debt	10.2	31.03	-	10	10	88.73
Current Portion of Long-Term Debt	4.63	-	-	-	-	-
Current Portion of Leases	-	4.97	3.71	2	2.25	2.54
Current Income Taxes Payable	4.54	2.83	1.46	2.44	0.94	0.62
Current Unearned Revenue	14.2	16.49	12.56	119.05	172.67	122.66
Other Current Liabilities	23.82	23.57	94.68	111.89	76.93	253.05
Total Current Liabilities	140.99	196.39	304.1	556.63	483.76	716.98
Long-Term Leases	25.97	27.66	29.54	1.42	1.22	3.47
Long-Term Unearned Revenue	8.9	8.9	3.94	3.8	2.46	2.53
Long-Term Deferred Tax Liabilities	8.1	8.48	12.7	7.52	6.75	7.89
Other Long-Term Liabilities	3.95	3.91	1.26	8.18	3.68	3.2
Total Liabilities	187.91	245.34	351.53	577.55	497.86	734.08
Common Stock	863.98	863.73	861.74	857.54	847.21	843.51
Additional Paid-In Capital	2,958	2,957	2,634	2,599	2,572	2,558
Retained Earnings	-2,706	-2,687	-2,632	-2,692	-2,722	-2,731
Treasury Stock	-12.71	-12.71	-27.02	-23.22	-7.88	-
Comprehensive Income & Other	-37.43	-28.31	-25.58	-35.47	-30.71	-24.69
Total Common Equity	1,067	1,093	810.99	705.19	658.66	645.08
Minority Interest	-2.85	-5.39	-4.12	-1.34	-0.45	-0.89
Shareholders' Equity	1,064	1,087	806.87	703.85	658.21	644.19
Total Liabilities & Equity	1,252	1,333	1,158	1,281	1,156	1,378
Total Debt	40.8	63.65	33.24	13.42	13.47	94.74
Net Cash (Debt)	559.47	613.11	360.31	447.48	282.22	418.62
Net Cash Growth	46.00%	70.16%	-19.48%	58.56%	-32.58%	-
Net Cash Per Share	0.65	0.72	0.42	0.53	0.33	0.50
Filing Date Shares Outstanding	857.26	863.73	861.74	857.54	847.21	843.51
Total Common Shares Outstanding	857.26	863.73	861.74	857.54	847.21	843.51
Working Capital	703.29	709.65	392.51	359.5	323.98	294.02
Book Value Per Share	1.24	1.26	0.94	0.82	0.78	0.76
Tangible Book Value	990.84	1,009	705.87	640.31	601.58	578.31
Tangible Book Value Per Share	1.16	1.17	0.82	0.75	0.71	0.69
Buildings	-	191.6	192.01	192.01	281.71	281.71
Machinery	-	115.12	106.19	93.61	-1.63	-0.89
Construction In Progress	-	13.54	15.39	18.8	1.34	0.07

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