SHE:002811 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	353.11	477.99	559.89	585.62	467.75	514.58
Short-Term Investments	-	-	537.61	483.85	317.21	165.46
Trading Asset Securities	70.46	80.6	80.51	1	-	40
Cash & Short-Term Investments	423.58	558.59	1,178	1,070	784.97	720.04
Cash Growth	-28.54%	-52.58%	10.05%	36.37%	9.02%	-7.28%
Accounts Receivable	605.64	609.95	680.02	840.93	1,136	1,505
Other Receivables	30.63	23.64	18	13.2	19.23	25.61
Receivables	636.27	633.59	698.01	854.13	1,155	1,530
Inventory	270.76	245.15	100.73	63.18	60.69	70.65
Prepaid Expenses	-	-	-	-	3.2	2.94
Other Current Assets	524.67	497.6	32.63	26.94	21.08	32.43
Total Current Assets	1,855	1,935	2,009	2,015	2,025	2,356
Property, Plant & Equipment	415.45	404.5	303.91	302.08	327.22	346.2
Long-Term Investments	107.23	104	-	-	-	1.19
Other Intangible Assets	25.41	26.67	28.27	29.34	25.78	23.9
Long-Term Deferred Tax Assets	128.67	126.33	134.24	143.94	140.89	111.85
Long-Term Deferred Charges	61.09	61.75	22.07	28.74	40.59	27.57
Other Long-Term Assets	43.86	44.26	57.84	81.4	88.48	126.69
Total Assets	2,637	2,702	2,556	2,600	2,648	2,994
Accounts Payable	339.82	383.62	420.74	493.89	531.16	581.29
Accrued Expenses	59.33	150.52	141.84	127.3	116.57	102.46
Short-Term Debt	79.19	81.72	20.73	11.73	-	43.82
Current Portion of Long-Term Debt	31.59	27.87	462.67	2.27	2.2	5.44
Current Portion of Leases	-	-	20.62	17.1	15.22	14.05
Current Income Taxes Payable	39.83	34.91	3.02	2.17	7.01	19.71
Current Unearned Revenue	403.39	380.33	214.64	171.62	139.34	103.84
Other Current Liabilities	106.77	110.72	100.07	105.18	127.24	155.54
Total Current Liabilities	1,060	1,170	1,384	931.25	938.74	1,026
Long-Term Debt	4.93	5.67	8.33	454.16	429.44	417.25
Long-Term Leases	118.33	104.81	40.32	39.77	53.87	52.41
Long-Term Unearned Revenue	-	-	-	0.48	0.95	2.18
Long-Term Deferred Tax Liabilities	0.18	0.01	-	-	-	-
Other Long-Term Liabilities	1.79	1.79	4.73	8.76	15.22	0.34
Total Liabilities	1,185	1,282	1,438	1,434	1,438	1,498
Common Stock	307.97	307.97	273.68	272.04	272.04	270.02
Additional Paid-In Capital	945.03	945.03	561.74	549.18	548.84	532.42
Retained Earnings	246.46	210.73	191.79	201.98	250.44	561.28
Treasury Stock	-50.01	-50.01	-50.01	-	-	-
Comprehensive Income & Other	2.39	6.75	140.82	142.59	138.76	131.61
Total Common Equity	1,452	1,420	1,118	1,166	1,210	1,495
Shareholders' Equity	1,452	1,420	1,118	1,166	1,210	1,495
Total Liabilities & Equity	2,637	2,702	2,556	2,600	2,648	2,994
Total Debt	234.04	220.07	552.66	525.02	500.72	532.96
Net Cash (Debt)	189.54	338.52	625.35	545.45	284.24	187.08
Net Cash Growth	14.77%	-45.87%	14.65%	91.89%	51.94%	-0.27%
Net Cash Per Share	0.66	1.17	2.36	2.03	1.06	0.74
Filing Date Shares Outstanding	297.74	296.56	265.63	272.04	272.04	270.02
Total Common Shares Outstanding	297.74	296.56	265.63	272.04	272.04	270.02
Working Capital	795.35	765.24	625.07	1,083	1,087	1,330
Book Value Per Share	4.88	4.79	4.21	4.29	4.45	5.54
Tangible Book Value	1,426	1,394	1,090	1,136	1,184	1,471
Tangible Book Value Per Share	4.79	4.70	4.10	4.18	4.35	5.45
Buildings	-	-	294.24	294.78	300.15	299.84
Machinery	-	-	68.83	54.8	53.17	50.96
Construction In Progress	-	-	-	-	-	5.68

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