SHE:002796 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	157.56	261.16	209.14	240.51	261.18	261.57
Trading Asset Securities	13.75	14.63	68.32	-	-	10.01
Cash & Short-Term Investments	171.31	275.79	277.46	240.51	261.18	271.58
Cash Growth	-28.26%	-0.60%	15.36%	-7.91%	-3.83%	-40.13%
Accounts Receivable	361.5	418.3	405.68	425	374.71	457.71
Other Receivables	5.14	4.4	4.12	3.4	4.9	2.99
Receivables	366.64	422.7	409.79	428.4	379.6	460.7
Inventory	161.68	147.87	159.02	144.9	158.85	216.25
Prepaid Expenses	-	-	0.49	0	0.06	-
Other Current Assets	6.36	8.68	9.69	7.52	14.91	19.63
Total Current Assets	705.99	855.04	856.45	821.33	814.6	968.16
Property, Plant & Equipment	506.98	516.9	515.46	504.3	526.76	522.84
Long-Term Investments	294.39	15.97	0.37	54.36	34.4	32.18
Other Intangible Assets	40.78	41.92	46.25	50.23	53.98	57.17
Long-Term Deferred Tax Assets	3.67	3.67	4.13	3.9	4.11	6.52
Long-Term Deferred Charges	6.91	7.39	11.99	10.69	7.85	8.2
Other Long-Term Assets	1.34	121.23	26.97	17.02	2.64	3.84
Total Assets	1,560	1,562	1,462	1,462	1,444	1,599
Accounts Payable	366.73	438.54	387.06	480.52	441.98	527.61
Accrued Expenses	13.88	14.34	41.52	23.41	26.8	27.15
Short-Term Debt	71.84	136.06	26.92	30.25	40.04	39.95
Current Portion of Long-Term Debt	26.82	7.57	0.42	23.04	30.04	10.04
Current Portion of Leases	-	-	12.98	10.02	9.85	12.55
Current Income Taxes Payable	2.76	1.71	0.13	0.12	0.04	-
Current Unearned Revenue	1.05	0.88	0.46	0.18	0.55	2.21
Other Current Liabilities	21.02	39.02	35.08	3.13	4.18	3.34
Total Current Liabilities	504.09	638.13	504.58	570.68	553.49	622.85
Long-Term Debt	210.27	57.4	19.83	-	6.52	26.52
Long-Term Leases	11.48	11.48	37.37	35.34	32.84	32.56
Long-Term Unearned Revenue	0.51	0.56	0.94	1.36	1.94	2.92
Long-Term Deferred Tax Liabilities	0.5	0.69	1.06	1.48	1.93	2.21
Other Long-Term Liabilities	1.05	1.05	-	-	-	-
Total Liabilities	727.9	709.31	563.77	608.85	596.72	687.06
Common Stock	252.37	252.37	252.43	252.43	252.43	252.43
Additional Paid-In Capital	1,035	1,032	1,024	1,072	1,038	1,038
Retained Earnings	-428.44	-404.95	-348.4	-440.52	-425.83	-394.74
Treasury Stock	-17.39	-17.39	-24.32	-30.47	-30.47	-4.19
Comprehensive Income & Other	0.93	0.91	0.84	0.53	0.21	-0.1
Total Common Equity	842.45	862.91	904.6	853.83	834.1	891.16
Minority Interest	-10.3	-10.11	-6.76	-0.85	13.52	20.69
Shareholders' Equity	832.15	852.81	897.84	852.98	847.62	911.86
Total Liabilities & Equity	1,560	1,562	1,462	1,462	1,444	1,599
Total Debt	320.41	212.51	97.51	98.66	119.29	121.61
Net Cash (Debt)	-149.09	63.28	179.95	141.85	141.88	149.96
Net Cash Growth	-	-64.83%	26.86%	-0.02%	-5.39%	-64.26%
Net Cash Per Share	-0.59	0.26	0.72	0.57	0.59	0.59
Filing Date Shares Outstanding	261.02	254.66	230	248.43	248.43	251.92
Total Common Shares Outstanding	261.02	254.66	230	248.43	248.43	251.92
Working Capital	201.9	216.91	351.87	250.65	261.11	345.31
Book Value Per Share	3.23	3.39	3.93	3.44	3.36	3.54
Tangible Book Value	801.68	821	858.36	803.6	780.11	833.99
Tangible Book Value Per Share	3.07	3.22	3.73	3.23	3.14	3.31
Buildings	-	-	316.81	315.75	315.76	212.7
Machinery	-	-	526.59	501.69	484.67	467.28
Construction In Progress	-	-	46.79	12.55	22.72	89.24

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