SHE:002779 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	248.66	166.21	145	75	86	78.52
Trading Asset Securities	-	-	16.43	127.44	123.2	55.88
Cash & Short-Term Investments	248.66	166.21	161.43	202.44	209.2	134.41
Cash Growth	33.62%	2.96%	-20.26%	-3.23%	55.65%	-38.98%
Accounts Receivable	385.57	306.62	248.12	134.69	98.17	127.35
Other Receivables	8.11	27.75	14.16	8.36	9.06	8.76
Receivables	393.68	334.38	262.28	143.04	107.23	136.11
Inventory	319.1	362.18	301.4	288.07	223.65	211.85
Other Current Assets	68.02	48.29	8.61	21.48	13.32	12.6
Total Current Assets	1,029	911.06	733.72	655.04	553.4	494.97
Property, Plant & Equipment	427.5	422.35	271.13	247.52	262.47	287.04
Long-Term Investments	206.13	206.13	29.81	-	-	-
Other Intangible Assets	65.44	64.3	65.77	51.97	48.73	50.97
Long-Term Deferred Tax Assets	80.5	61.73	15.51	12.58	12.73	12.07
Long-Term Deferred Charges	10.94	10.15	2.86	3.71	5.7	4.51
Other Long-Term Assets	29.39	28.78	10.99	3.86	7.39	0.87
Total Assets	1,849	1,704	1,130	974.68	890.42	850.43
Accounts Payable	410.94	396.81	305.13	207.83	167.7	173.35
Accrued Expenses	27.26	44.58	25.68	19.71	16.31	15.73
Short-Term Debt	224.5	110.08	-	-	-	-
Current Portion of Long-Term Debt	14.87	0.08	-	-	-	-
Current Portion of Leases	-	13.9	2.79	0.85	1.69	1.26
Current Income Taxes Payable	15.74	12.74	2.49	1.28	-	-
Current Unearned Revenue	5.56	9.48	11.02	20.45	29.95	5.57
Other Current Liabilities	20.15	17.44	5.25	4.84	5.46	3.54
Total Current Liabilities	719.02	605.11	352.36	254.96	221.1	199.44
Long-Term Debt	104.58	104.58	5.35	-	-	-
Long-Term Leases	29.85	33.24	10.11	7.27	0.08	1.32
Long-Term Unearned Revenue	4.79	5.23	7.02	9.14	10.94	12.13
Long-Term Deferred Tax Liabilities	35.52	40.58	4.39	2.22	0.96	0.07
Other Long-Term Liabilities	4.38	3.93	6.75	3.54	2.37	7.32
Total Liabilities	898.13	792.67	385.97	277.14	235.45	220.28
Common Stock	184.8	184.8	132	132	132	132
Additional Paid-In Capital	155.61	153.21	195.44	195.38	195.38	195.38
Retained Earnings	601.12	573	414.95	370.08	327.53	302.78
Comprehensive Income & Other	-0.93	0.71	0.16	0.08	0.06	-0.01
Total Common Equity	940.6	911.72	742.55	697.54	654.97	630.15
Minority Interest	10.63	0.11	1.28	-	-	-
Shareholders' Equity	951.23	911.83	743.83	697.54	654.97	630.15
Total Liabilities & Equity	1,849	1,704	1,130	974.68	890.42	850.43
Total Debt	373.79	261.88	18.25	8.12	1.76	2.58
Net Cash (Debt)	-125.14	-95.67	143.19	194.32	207.44	131.83
Net Cash Growth	-	-	-26.31%	-6.33%	57.35%	-26.86%
Net Cash Per Share	-0.68	-0.52	0.77	1.05	1.14	0.68
Filing Date Shares Outstanding	184.83	184.8	184.8	184.8	184.8	184.8
Total Common Shares Outstanding	184.83	184.8	184.8	184.8	184.8	184.8
Working Capital	310.44	305.94	381.37	400.08	332.3	295.53
Book Value Per Share	5.09	4.93	4.02	3.77	3.54	3.41
Tangible Book Value	875.16	847.42	676.78	645.57	606.24	579.18
Tangible Book Value Per Share	4.73	4.59	3.66	3.49	3.28	3.13
Buildings	-	321.9	208.34	208.27	207.38	207.38
Machinery	-	249.68	199.89	191.47	191.71	188.67
Construction In Progress	-	0.43	35.5	-	-	1.7

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