SHE:002771 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	298.2	307.38	335.04	277.28	292.03	281.52
Trading Asset Securities	1.53	1.91	1.79	2.95	4	-
Cash & Short-Term Investments	299.73	309.29	336.83	280.23	296.03	281.52
Cash Growth	23.18%	-8.18%	20.20%	-5.34%	5.15%	14.23%
Accounts Receivable	242.87	244.91	299.85	295.96	364.3	423.54
Other Receivables	9.5	8.29	11.45	15.19	9.11	10.73
Receivables	252.37	253.2	311.31	311.14	373.41	434.27
Inventory	110.37	92.03	119.78	147.31	140.54	239.67
Other Current Assets	10.62	21.93	16.51	28.59	32.55	21.93
Total Current Assets	673.1	676.45	784.43	767.28	842.54	977.4
Property, Plant & Equipment	106.27	110.61	130.25	136.39	98.2	101.4
Long-Term Investments	53.53	53.7	58.48	58.85	70.17	38.93
Other Intangible Assets	17.07	19.7	30.33	39.25	0.9	2.7
Long-Term Accounts Receivable	-	17.63	26.81	31.69	33.83	6.11
Long-Term Deferred Tax Assets	15.7	16.09	17.24	25.9	20.46	17.49
Long-Term Deferred Charges	1.5	1.72	1.85	0.79	0.01	0.05
Other Long-Term Assets	36.52	21.21	22.42	25.23	22.07	5.11
Total Assets	903.69	917.12	1,072	1,085	1,088	1,149
Accounts Payable	100.77	135.94	189	204.62	187.34	220.65
Accrued Expenses	5.26	6.62	16.47	15.57	24.34	25.9
Short-Term Debt	111	81.07	97.16	65.4	40.05	10.26
Current Portion of Leases	-	1.7	4.8	4.04	2.57	0.71
Current Income Taxes Payable	0.37	0.01	-	-	1.27	0.94
Current Unearned Revenue	50.18	41	40.09	68	81.43	143.67
Other Current Liabilities	15.2	15.88	13.93	21.45	26.77	27.94
Total Current Liabilities	284.41	282.23	361.45	379.09	363.77	430.06
Long-Term Leases	9.59	9.69	11.74	11.38	0.03	0.59
Long-Term Deferred Tax Liabilities	6.66	7.28	9.33	10.42	1.82	0.98
Total Liabilities	300.66	299.2	382.52	400.89	365.62	431.63
Common Stock	209.76	209.76	209.76	209.76	209.76	209.76
Additional Paid-In Capital	148.73	148.73	148.73	148.25	147.36	147.36
Retained Earnings	241.76	255	320.53	313.47	369.51	362.47
Comprehensive Income & Other	-8.1	-8.11	-8.93	-4.42	-2.08	-1.76
Total Common Equity	592.16	605.38	670.1	667.06	724.55	717.83
Minority Interest	10.87	12.53	19.19	17.42	-1.98	-0.28
Shareholders' Equity	603.03	617.91	689.29	684.49	722.57	717.55
Total Liabilities & Equity	903.69	917.12	1,072	1,085	1,088	1,149
Total Debt	122.22	92.46	113.71	80.82	42.65	11.55
Net Cash (Debt)	177.51	216.83	223.12	199.41	253.38	269.97
Net Cash Growth	47.78%	-2.82%	11.89%	-21.30%	-6.15%	19.23%
Net Cash Per Share	0.84	1.02	0.95	0.94	1.30	1.22
Filing Date Shares Outstanding	210.15	209.76	209.76	209.76	209.76	209.76
Total Common Shares Outstanding	210.15	209.76	209.76	209.76	209.76	209.76
Working Capital	388.68	394.22	422.98	388.19	478.77	547.34
Book Value Per Share	2.82	2.89	3.19	3.18	3.45	3.42
Tangible Book Value	575.08	585.69	639.76	627.82	723.64	715.14
Tangible Book Value Per Share	2.74	2.79	3.05	2.99	3.45	3.41
Buildings	-	120.41	120.41	120.41	120.41	120.41
Machinery	-	56.9	61	38.04	47.47	47.8
Construction In Progress	-	-	-	29.54	0.99	-

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