SHE:002806 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	96.26	-	142.2	64.21	108.5	82.11
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	-	-	-	-	1.69	69.51
Cash & Short-Term Investments	96.26	-	142.2	64.21	110.19	181.63
Cash Growth	-34.69%	-	121.45%	-41.73%	-39.33%	-48.64%
Accounts Receivable	575.4	-	627.98	437.32	386.8	464.51
Other Receivables	13.59	-	41.21	2.87	4.11	4.2
Receivables	589	-	669.19	440.18	390.91	468.7
Inventory	318.65	-	290.74	209.32	254.94	161.39
Other Current Assets	75.86	-	52.73	41.98	44.43	29.37
Total Current Assets	1,080	-	1,155	755.69	800.47	841.09
Property, Plant & Equipment	478.23	-	498.45	526.65	446.33	376.22
Long-Term Investments	29.63	-	25.91	38.31	47.18	30.61
Goodwill	245.66	-	245.66	245.66	489.79	489.79
Other Intangible Assets	106.11	-	111.95	124.56	136.77	148.51
Long-Term Deferred Tax Assets	15.51	-	15.01	19	11.9	20.37
Long-Term Deferred Charges	5.04	-	4.52	3.03	3.83	4.93
Other Long-Term Assets	2.63	-	6.38	6.93	3.28	2.35
Total Assets	1,963	-	2,063	1,720	1,940	1,914
Accounts Payable	318.36	-	316.12	190.17	212.84	160.26
Accrued Expenses	9	-	25.48	20.09	21.3	26.68
Short-Term Debt	183	-	179.52	155	159.9	85
Current Portion of Long-Term Debt	39.88	-	166.7	15	-	-
Current Portion of Leases	-	-	2.6	4.42	4.94	7.55
Current Income Taxes Payable	6.15	-	6.67	0	0.11	10
Current Unearned Revenue	5.18	-	4.81	4.39	6.33	2.23
Other Current Liabilities	140.08	-	172.77	85.72	89.76	136.27
Total Current Liabilities	701.65	-	874.66	474.8	495.17	427.99
Long-Term Debt	95	-	127	316.83	211.14	178.86
Long-Term Leases	4.48	-	6.84	0.59	3.45	5.63
Long-Term Unearned Revenue	39.67	-	43.97	47	28.2	51.86
Long-Term Deferred Tax Liabilities	3.22	-	4.83	8.36	8.76	10
Other Long-Term Liabilities	-	-	-	-	0.09	0.25
Total Liabilities	844.02	-	1,057	847.59	746.82	674.58
Common Stock	212.48	-	196.23	190.15	189.3	191.7
Additional Paid-In Capital	1,168	-	997.99	937.08	928.65	962.5
Retained Earnings	-252.02	-	-206.38	-292.59	31.71	40.91
Comprehensive Income & Other	-13.28	-	14.84	34.37	40.1	40.33
Total Common Equity	1,116	-	1,003	869.01	1,190	1,235
Minority Interest	3.03	-	2.78	3.23	2.96	3.85
Shareholders' Equity	1,119	-	1,005	872.24	1,193	1,239
Total Liabilities & Equity	1,963	-	2,063	1,720	1,940	1,914
Total Debt	322.36	-	482.65	491.85	379.43	277.04
Net Cash (Debt)	-226.09	-	-340.45	-427.64	-269.24	-95.41
Net Cash Per Share	-1.11	-	-1.63	-2.25	-1.40	-0.47
Filing Date Shares Outstanding	212.43	210.98	196.23	190.15	189.3	191.7
Total Common Shares Outstanding	212.43	210.98	196.23	190.15	189.3	191.7
Working Capital	378.13	-	280.21	280.89	305.3	413.1
Book Value Per Share	5.25	-	5.11	4.57	6.29	6.44
Tangible Book Value	763.78	-	645.07	498.8	563.21	597.14
Tangible Book Value Per Share	3.60	-	3.29	2.62	2.98	3.11
Buildings	-	-	381.95	208.28	208.28	171.91
Machinery	-	-	417.26	465.85	435.02	429.73
Construction In Progress	-	-	-	179.04	86.26	39.99

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