SHE:002780 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	128.24	138.59	77.11	118.18	132.85	95.45
Trading Asset Securities	4.62	4.62	-	15.73	8.22	119.67
Cash & Short-Term Investments	132.86	143.2	77.11	133.91	141.07	215.12
Cash Growth	55.32%	85.71%	-42.42%	-5.08%	-34.42%	39.09%
Accounts Receivable	25.01	30.69	32.8	34.47	24.1	28.79
Other Receivables	21.49	19.06	3.74	2.33	1.78	12.9
Receivables	46.5	49.75	41.67	40.12	25.88	41.69
Inventory	521.09	540	479.13	397.32	343.35	246.36
Other Current Assets	84.11	59.43	75.67	85.75	75.16	51
Total Current Assets	784.56	792.38	673.58	657.09	585.45	554.18
Property, Plant & Equipment	258.14	255.33	280.08	322.78	369.71	351.66
Long-Term Investments	75.55	74.82	51.38	5.44	5.45	6.82
Goodwill	-	-	0.49	4.67	4.67	-
Other Intangible Assets	38.55	40.47	47.62	55.18	63.11	71.56
Long-Term Deferred Tax Assets	29.18	30.31	24.94	17.31	10.57	6.55
Long-Term Deferred Charges	21.08	23.8	25.35	34.68	22	11.75
Other Long-Term Assets	7.09	7.16	7.81	7.91	10.32	8.73
Total Assets	1,214	1,224	1,111	1,105	1,071	1,011
Accounts Payable	48.02	44.97	50.84	22.63	14.82	27.34
Accrued Expenses	31.56	22.06	19.27	24.54	23	10.91
Short-Term Debt	96.08	148.52	183.36	198.55	166.41	102.85
Current Portion of Long-Term Debt	-	50.19	1.81	0.93	2	20.53
Current Portion of Leases	-	-	40.62	33.49	35.05	23.64
Current Income Taxes Payable	-	20.17	2.5	6.02	2.88	3.35
Current Unearned Revenue	53.72	42.54	37.21	31.72	40.89	26.55
Other Current Liabilities	93.42	41.36	12.99	11.98	11.33	7.95
Total Current Liabilities	322.81	369.82	348.6	329.85	296.38	223.13
Long-Term Debt	2.76	2.81	1.59	3.08	0.46	2
Long-Term Leases	120.84	113.27	138.66	64.43	88.93	69.53
Long-Term Unearned Revenue	-	0.57	0.62	0.68	0.73	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.48	0.27
Total Liabilities	446.41	486.46	489.47	398.04	386.98	294.92
Common Stock	165.36	165.36	157.59	157.59	157.59	157.59
Additional Paid-In Capital	556.99	556.99	495.35	495.35	495.35	495.35
Retained Earnings	98.35	67.69	14.34	35.83	-0.7	32.6
Total Common Equity	820.7	790.04	667.28	688.77	652.24	685.54
Minority Interest	-52.97	-52.23	-45.5	18.25	32.05	30.78
Shareholders' Equity	767.73	737.81	621.78	707.02	684.29	716.32
Total Liabilities & Equity	1,214	1,224	1,111	1,105	1,071	1,011
Total Debt	219.68	314.79	366.04	300.48	292.85	218.55
Net Cash (Debt)	-86.82	-171.59	-288.93	-166.57	-151.78	-3.43
Net Cash Per Share	-0.55	-1.09	-1.88	-1.05	-0.97	-0.02
Filing Date Shares Outstanding	161.38	154.83	157.59	157.59	157.59	157.59
Total Common Shares Outstanding	161.38	154.83	157.59	157.59	157.59	157.59
Working Capital	461.75	422.57	324.98	327.24	289.07	331.05
Book Value Per Share	5.09	5.10	4.23	4.37	4.14	4.35
Tangible Book Value	782.15	749.57	619.16	628.92	584.46	613.98
Tangible Book Value Per Share	4.85	4.84	3.93	3.99	3.71	3.90
Buildings	-	-	161.89	228.74	230.37	225.83
Machinery	-	-	58.24	91.59	87.31	84.16
Construction In Progress	-	-	-	-	0.81	0.84

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