SHE:002818 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	339.6	215.97	327.78	135.44	464.5	273.87
Trading Asset Securities	2,695	1,517	911.67	1,122	1,113	1,546
Cash & Short-Term Investments	3,035	1,733	1,239	1,257	1,577	1,820
Cash Growth	89.69%	39.79%	-1.43%	-20.27%	-13.34%	2.85%
Accounts Receivable	96.09	100.91	525.6	564.87	445.39	780.17
Other Receivables	9.22	8.31	11.13	33.01	33.78	32.96
Receivables	105.31	188.03	759.35	791.1	635.56	985.71
Inventory	495.73	494.65	494.86	431.49	344.73	240.57
Prepaid Expenses	-	80.13	80.37	-	48.64	15.9
Other Current Assets	118.72	5.61	6.56	86.32	46.39	65.88
Total Current Assets	3,755	2,501	2,581	2,566	2,653	3,128
Property, Plant & Equipment	131.54	136.99	159.14	776.66	603.19	380.79
Long-Term Investments	-	922.25	935.39	914.16	872.63	605.38
Other Intangible Assets	16.98	17.44	1,268	1,311	1,354	1,387
Long-Term Deferred Tax Assets	82.35	72.72	58.15	40.44	14.64	10.72
Long-Term Deferred Charges	0.99	1.15	2.61	4.17	9.41	8.53
Other Long-Term Assets	3,430	3,048	1,990	1,403	1,521	1,654
Total Assets	7,417	6,700	7,034	7,065	7,068	7,216
Accounts Payable	144.17	179.31	205.23	60.14	48.63	46.83
Accrued Expenses	93.78	198.56	205.47	209.7	211.17	220.59
Short-Term Debt	5	10	14	10	10	10
Current Income Taxes Payable	-	36.29	50.49	45.25	61.75	74.15
Current Unearned Revenue	15.57	161.3	215.72	286.54	309.5	340.31
Other Current Liabilities	557.85	274.1	287.07	293.02	285.74	288.24
Total Current Liabilities	816.37	859.56	977.97	904.65	926.79	980.12
Long-Term Unearned Revenue	3.06	3.19	3.71	4.24	4.76	5.28
Long-Term Deferred Tax Liabilities	88.43	18.37	15.35	13.1	2.34	3.29
Total Liabilities	907.86	881.12	997.04	921.98	933.89	988.68
Common Stock	748.46	748.46	748.46	748.46	748.46	748.46
Additional Paid-In Capital	726.18	726.18	726.18	726.18	726.18	726.18
Retained Earnings	4,502	4,115	4,338	4,456	4,458	4,573
Total Common Equity	5,977	5,589	5,812	5,930	5,932	6,047
Minority Interest	532.65	229.39	224.56	213.09	201.36	179.56
Shareholders' Equity	6,509	5,819	6,037	6,143	6,134	6,227
Total Liabilities & Equity	7,417	6,700	7,034	7,065	7,068	7,216
Total Debt	5	10	14	10	10	10
Net Cash (Debt)	3,030	1,723	1,225	1,247	1,567	1,810
Net Cash Growth	91.05%	40.58%	-1.76%	-20.40%	-13.41%	3.04%
Net Cash Per Share	4.04	2.29	1.63	1.67	2.10	2.40
Filing Date Shares Outstanding	748.42	748.46	748.46	748.46	748.46	748.46
Total Common Shares Outstanding	748.42	748.46	748.46	748.46	748.46	748.46
Working Capital	2,938	1,642	1,603	1,662	1,726	2,148
Book Value Per Share	7.99	7.47	7.77	7.92	7.93	8.08
Tangible Book Value	5,960	5,572	4,544	4,619	4,579	4,660
Tangible Book Value Per Share	7.96	7.44	6.07	6.17	6.12	6.23
Buildings	-	277.91	274.92	239.52	241.77	232.71
Machinery	-	488.18	483.53	448.43	448.59	447.04
Construction In Progress	-	-	0.28	657	447.87	195.49

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