SHE:002777 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	325.37	842.09	675.44	688.28	664.81	699.84
Short-Term Investments	-	394.24	483.5	361.67	439.78	501.46
Cash & Short-Term Investments	325.37	1,236	1,159	1,050	1,105	1,201
Cash Growth	-5.39%	6.68%	10.38%	-4.95%	-8.05%	4.89%
Accounts Receivable	476.08	478.97	560.34	651.07	556.85	446.3
Other Receivables	35.6	34.18	41.49	48.68	52.66	51.16
Receivables	511.68	513.15	601.82	699.74	609.51	497.46
Inventory	331.67	290.47	250.26	325.34	272.21	246.1
Prepaid Expenses	-	0.05	0.05	0.03	0.03	0
Other Current Assets	828.45	45.18	31.12	22.51	15.72	16
Total Current Assets	1,997	2,085	2,042	2,098	2,002	1,961
Property, Plant & Equipment	117.39	117.47	125.62	140.18	145.27	155.86
Long-Term Investments	1.5	66.63	51.46	16.84	21.47	1.5
Goodwill	-	-	12.79	22.58	29.68	32.44
Other Intangible Assets	303.35	308.94	296.49	266.91	167.09	144.19
Long-Term Deferred Tax Assets	59.76	59.06	52.93	46.41	40.16	33.01
Long-Term Deferred Charges	45.75	21.22	81.89	88.68	95.16	55.34
Other Long-Term Assets	89.94	28.36	29.6	29.67	33.19	50.98
Total Assets	2,615	2,687	2,693	2,709	2,534	2,434
Accounts Payable	195.22	204.92	194.55	179.56	145.25	117.07
Accrued Expenses	60.12	109.72	118.52	146.06	151.57	130.72
Short-Term Debt	-	-	-	1.74	-	-
Current Portion of Leases	-	6.94	8.17	9.68	11.23	10.1
Current Income Taxes Payable	4.86	0.44	1.81	4.2	5.51	12.22
Current Unearned Revenue	458.65	484.73	507.22	526	470.8	547.09
Other Current Liabilities	9.3	6.82	6.45	6.58	6.69	3.19
Total Current Liabilities	735.45	813.57	836.72	873.83	791.05	820.39
Long-Term Leases	7.1	7.6	6.89	11.43	12.07	10.47
Long-Term Unearned Revenue	6.9	7.38	12.94	21.63	44.8	49.76
Long-Term Deferred Tax Liabilities	0.75	0.82	1.98	2.77	3.27	3.28
Other Long-Term Liabilities	23.4	23.96	25.68	26.05	-	-
Total Liabilities	773.61	853.34	884.21	935.71	851.19	883.9
Common Stock	408.23	408.23	408.23	408.23	408.23	314.02
Additional Paid-In Capital	314.73	313.63	313.63	313.63	313.62	407.83
Retained Earnings	976.97	965.23	949.6	925.32	821.08	699.72
Total Common Equity	1,700	1,687	1,671	1,647	1,543	1,422
Minority Interest	141.33	146.43	137.3	125.95	139.95	128.72
Shareholders' Equity	1,841	1,834	1,809	1,773	1,683	1,550
Total Liabilities & Equity	2,615	2,687	2,693	2,709	2,534	2,434
Total Debt	14.39	14.54	15.06	22.85	23.31	20.58
Net Cash (Debt)	310.98	1,222	1,144	1,027	1,081	1,181
Net Cash Growth	-5.94%	6.81%	11.37%	-5.01%	-8.42%	3.09%
Net Cash Per Share	0.76	3.02	2.81	2.53	2.64	2.92
Filing Date Shares Outstanding	391.15	408.23	408.23	408.23	408.23	408.23
Total Common Shares Outstanding	391.15	408.23	408.23	408.23	408.23	408.23
Working Capital	1,262	1,272	1,205	1,224	1,211	1,140
Book Value Per Share	4.35	4.13	4.09	4.03	3.78	3.48
Tangible Book Value	1,397	1,378	1,362	1,358	1,346	1,245
Tangible Book Value Per Share	3.57	3.38	3.34	3.33	3.30	3.05
Buildings	-	130.4	129.92	131.12	128.22	130.89
Machinery	-	76.05	72.52	68.25	62.84	59.99
Construction In Progress	-	-	-	-	-	0.08

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