SHE:002773 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	6,274	6,435	5,690	4,702	3,585	2,939
Trading Asset Securities	440	-	-	-	100	200
Cash & Short-Term Investments	6,714	6,435	5,690	4,702	3,685	3,139
Cash Growth	10.49%	13.11%	21.00%	27.59%	17.41%	-5.67%
Accounts Receivable	203.84	189.1	177.85	160.41	160.69	204.63
Other Receivables	8.89	37.31	21.67	28.81	27.88	43.59
Receivables	212.73	226.4	199.52	189.22	188.57	248.22
Inventory	412.54	407.05	386.86	403.61	330.96	295.62
Prepaid Expenses	-	1.64	-	-	-	-
Other Current Assets	100.1	13.93	12.93	10.63	24.22	15.89
Total Current Assets	7,439	7,084	6,289	5,306	4,229	3,699
Property, Plant & Equipment	2,218	2,253	2,353	2,411	2,553	2,097
Long-Term Investments	15.58	15.79	16.44	16.78	16.98	17.73
Other Intangible Assets	343.22	352.93	286.89	316.8	331.14	278.21
Long-Term Deferred Tax Assets	97.78	128.85	259.46	358.08	486.31	545.66
Long-Term Deferred Charges	79.64	61.76	123.24	99.33	70.47	84.67
Other Long-Term Assets	15.8	23.07	14.48	22.01	33.93	233.89
Total Assets	10,210	9,920	9,342	8,530	7,721	6,956
Accounts Payable	179.33	221.43	297.16	344.03	409.54	343.13
Accrued Expenses	25.73	189.45	233.88	203.64	169.59	174.63
Current Portion of Leases	1.29	1.68	1.73	0.53	1.6	2.57
Current Income Taxes Payable	78.76	18.04	13.31	9.82	19.69	16.49
Current Unearned Revenue	16.53	2.06	8.92	5.1	9.14	8.39
Other Current Liabilities	284.29	169.05	99.98	91.31	84.1	122.16
Total Current Liabilities	585.93	601.72	654.99	654.43	693.66	667.37
Long-Term Leases	0.91	1.82	3.47	1.48	3.27	4.43
Long-Term Unearned Revenue	29.68	32.1	23.58	22.94	30.3	25.51
Long-Term Deferred Tax Liabilities	10.06	9.58	13.03	7.94	5.14	2.06
Other Long-Term Liabilities	4.82	-	-	30.96	81.48	151.71
Total Liabilities	631.4	645.22	695.07	717.76	813.85	851.08
Common Stock	921.32	921.32	919.78	919.46	919.46	919.46
Additional Paid-In Capital	2,031	2,031	1,997	1,990	1,994	1,986
Retained Earnings	6,656	6,348	5,738	4,896	3,989	3,185
Comprehensive Income & Other	-1.18	-1.45	-1.33	-1.34	-1.05	-0.83
Total Common Equity	9,607	9,299	8,653	7,804	6,902	6,090
Minority Interest	-28.55	-24.27	-6.34	7.89	5.07	15.24
Shareholders' Equity	9,578	9,275	8,647	7,812	6,907	6,105
Total Liabilities & Equity	10,210	9,920	9,342	8,530	7,721	6,956
Total Debt	2.2	3.51	5.2	2.01	4.87	7
Net Cash (Debt)	6,712	6,432	5,684	4,700	3,681	3,132
Net Cash Growth	10.52%	13.15%	20.94%	27.70%	17.52%	-5.88%
Net Cash Per Share	7.27	6.97	6.20	5.13	4.02	3.42
Filing Date Shares Outstanding	921.32	921.32	919.78	919.46	919.46	919.46
Total Common Shares Outstanding	921.32	921.32	919.78	919.46	919.46	919.46
Working Capital	6,853	6,483	5,634	4,651	3,535	3,031
Book Value Per Share	10.43	10.09	9.41	8.49	7.51	6.62
Tangible Book Value	9,263	8,946	8,366	7,487	6,571	5,812
Tangible Book Value Per Share	10.05	9.71	9.10	8.14	7.15	6.32
Buildings	-	2,111	2,126	1,989	1,785	1,137
Machinery	-	1,387	1,271	1,236	1,088	830.91
Construction In Progress	-	97.56	112.35	166.54	475.88	808.69

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