SHE:002820 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	193.92	387.33	250.61	641.22	597.71	263.83
Trading Asset Securities	200.47	-	160	-	-	404.58
Cash & Short-Term Investments	394.39	387.33	410.61	641.22	597.71	668.4
Cash Growth	-6.97%	-5.67%	-35.96%	7.28%	-10.58%	-0.29%
Accounts Receivable	18.49	10.18	14.34	14.86	16.25	15.06
Other Receivables	4.5	5.12	5.23	3.81	10.26	11.52
Receivables	23	15.3	19.58	18.67	26.51	26.58
Inventory	45.64	50.69	53.21	41.95	37.3	45.96
Other Current Assets	15.43	15.98	27.84	17.72	12.78	19.63
Total Current Assets	478.46	469.31	511.24	719.55	674.29	760.57
Property, Plant & Equipment	404.87	410.55	422.47	274.06	290.5	313.11
Long-Term Investments	0.12	0.14	0.11	0.12	0.11	0.11
Goodwill	3.3	3.3	3.3	3.3	3.3	3.3
Other Intangible Assets	33.58	34.07	35.48	34.8	35.8	37.07
Long-Term Deferred Tax Assets	4.09	4.35	3.94	4.1	3.74	4.15
Long-Term Deferred Charges	32.94	35.21	30.71	22.44	25.12	35
Total Assets	957.37	956.92	1,007	1,058	1,033	1,153
Accounts Payable	18.76	21.21	28.56	20.55	14.04	18.87
Accrued Expenses	0.97	12.05	5.21	5.99	5.02	3.81
Current Portion of Leases	-	15.91	14.57	15.82	21.81	24.31
Current Income Taxes Payable	3.76	0.02	0.48	0.05	0.02	0.74
Current Unearned Revenue	1.86	1.94	1.89	1.89	2.58	4.3
Other Current Liabilities	10.06	6.09	5.15	5.91	4.73	6.19
Total Current Liabilities	49.94	57.22	55.85	50.22	48.2	58.23
Long-Term Leases	28.63	27.76	24.54	17.85	24.62	32.85
Long-Term Unearned Revenue	3.28	3.61	4.83	6.02	7.26	8.69
Long-Term Deferred Tax Liabilities	1.73	1.87	1.76	2.02	1.43	0.01
Total Liabilities	83.59	90.45	86.98	76.1	81.5	99.79
Common Stock	200.87	200.87	200.87	200.87	200.87	204.8
Additional Paid-In Capital	437.74	437.74	437.74	437.74	437.74	484.79
Retained Earnings	285.13	277.81	331.64	343.63	312.73	414.88
Treasury Stock	-50	-50	-50	-	-	-50.99
Comprehensive Income & Other	0.05	0.05	0.03	0.03	0.03	0.04
Shareholders' Equity	873.78	866.47	920.28	982.27	951.37	1,054
Total Liabilities & Equity	957.37	956.92	1,007	1,058	1,033	1,153
Total Debt	43.17	43.67	39.1	33.67	46.43	57.16
Net Cash (Debt)	351.22	343.66	371.51	607.55	551.28	611.24
Net Cash Growth	-8.55%	-7.50%	-38.85%	10.21%	-9.81%	-8.82%
Net Cash Per Share	1.96	1.82	1.92	2.99	2.74	3.16
Filing Date Shares Outstanding	182.97	195.34	195.34	195.34	200.87	200.87
Total Common Shares Outstanding	182.97	195.34	195.34	200.87	200.87	200.87
Working Capital	428.53	412.08	455.39	669.34	626.1	702.34
Book Value Per Share	4.78	4.44	4.71	4.89	4.74	5.24
Tangible Book Value	836.9	829.1	881.5	944.17	912.27	1,013
Tangible Book Value Per Share	4.57	4.24	4.51	4.70	4.54	5.04
Buildings	-	365.76	358.37	192.26	177.63	177.63
Machinery	-	106.6	105.9	93.49	95.07	94.69
Construction In Progress	-	9.15	15.77	43.86	57.1	56.41

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