SHE:002809 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	122.46	253.2	296.96	596.07	305.32	469.15
Trading Asset Securities	494.79	374.92	362.9	-	-	-
Cash & Short-Term Investments	617.24	628.12	659.86	596.07	305.32	469.15
Cash Growth	-35.79%	-4.81%	10.70%	95.23%	-34.92%	246.89%
Accounts Receivable	801.04	826.12	852.76	911	1,112	1,516
Other Receivables	17.81	17.05	17.34	16.48	14.84	10.74
Receivables	818.84	843.17	870.1	927.48	1,126	1,527
Inventory	93.94	74.47	53.29	54.63	64.96	77.34
Prepaid Expenses	-	-	1.32	2.67	3.88	3.83
Other Current Assets	64.86	91.65	46.65	62.08	51.38	21.56
Total Current Assets	1,595	1,637	1,631	1,643	1,552	2,099
Property, Plant & Equipment	834.3	847.35	844.32	623.7	284.31	213.38
Long-Term Investments	0.68	0.8	-	18.3	18.38	10.96
Other Intangible Assets	76.53	77.06	79.01	81.12	82.78	80.62
Long-Term Deferred Tax Assets	30.27	27.37	16	15.37	14.11	15.15
Long-Term Deferred Charges	1.91	1.96	2.16	2.37	0.46	0.52
Other Long-Term Assets	2.81	3.41	13.79	56.89	55.54	19.11
Total Assets	2,541	2,595	2,587	2,441	2,008	2,438
Accounts Payable	242.36	263.34	261.92	192.75	300.46	625.49
Accrued Expenses	11.72	12.32	18.94	28.56	26.77	26.07
Short-Term Debt	0.1	0.1	-	-	20.05	265.26
Current Portion of Long-Term Debt	32.74	32.94	1.87	7.4	13.05	9
Current Portion of Leases	-	-	1.14	2.55	2.57	2.57
Current Income Taxes Payable	3.39	3.97	5.65	3.14	4.35	3.43
Current Unearned Revenue	9.44	9.94	1.98	1.42	5.02	11.72
Other Current Liabilities	6.71	15.47	6.35	16.78	25.02	22.25
Total Current Liabilities	306.45	338.08	297.84	252.6	397.28	965.8
Long-Term Debt	540.88	669.84	614.05	529.87	85.63	40.67
Long-Term Leases	1.99	2.14	1.99	2.42	4.44	2.79
Long-Term Unearned Revenue	-	-	-	-	-	0.04
Long-Term Deferred Tax Liabilities	3.97	3.82	3.36	3.78	3.92	0.84
Total Liabilities	853.29	1,014	917.24	788.67	491.27	1,010
Common Stock	224.39	211.61	210.23	210.23	208.95	206.89
Additional Paid-In Capital	576.05	450.65	436.22	436.2	425.93	409.49
Retained Earnings	850.2	861.39	963.44	946.21	881.72	812.63
Comprehensive Income & Other	37.46	57.82	59.38	59.36	-0.26	-0.8
Shareholders' Equity	1,688	1,581	1,669	1,652	1,516	1,428
Total Liabilities & Equity	2,541	2,595	2,587	2,441	2,008	2,438
Total Debt	575.71	705.02	619.04	542.25	125.74	320.3
Net Cash (Debt)	41.53	-76.9	40.82	53.82	179.58	148.85
Net Cash Growth	-	-	-24.16%	-70.03%	20.64%	98.41%
Net Cash Per Share	0.20	-0.32	0.17	0.25	0.86	0.71
Filing Date Shares Outstanding	223.77	221.31	210.23	210.23	208.95	208.53
Total Common Shares Outstanding	223.77	221.31	210.23	210.23	208.95	206.89
Working Capital	1,288	1,299	1,333	1,390	1,155	1,133
Book Value Per Share	7.54	7.15	7.94	7.86	7.26	6.90
Tangible Book Value	1,612	1,504	1,590	1,571	1,434	1,348
Tangible Book Value Per Share	7.20	6.80	7.56	7.47	6.86	6.51
Buildings	-	-	265.68	119.19	109.85	105.72
Machinery	-	-	188.47	175.22	182.64	200.96
Construction In Progress	-	-	561.33	479.61	119.48	23.44

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