SHE:002823 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	176.35	200.33	114.73	167.31	158.46	173.34
Trading Asset Securities	-	-	-	-	-	8.64
Cash & Short-Term Investments	176.35	200.33	114.73	167.31	158.46	181.98
Cash Growth	58.50%	74.60%	-31.42%	5.58%	-12.93%	-15.27%
Accounts Receivable	534.07	566.92	527.15	537.39	492.7	509.71
Other Receivables	15.16	12.25	21	21.96	49.12	21.57
Receivables	549.23	579.17	548.15	559.36	541.82	531.28
Inventory	533.01	449.44	486.58	555.47	524.64	499.85
Other Current Assets	52.7	38.83	61.24	57.77	32.16	45.58
Total Current Assets	1,311	1,268	1,211	1,340	1,257	1,259
Property, Plant & Equipment	1,951	1,980	1,981	2,076	2,017	1,973
Long-Term Investments	86.35	86.35	86.35	86.35	86.35	18.3
Goodwill	22.81	23.29	22.17	22.7	22	21.68
Other Intangible Assets	183.83	184.56	195.79	193.91	181.21	163.3
Long-Term Deferred Tax Assets	38.16	36.93	37.33	35.02	31.26	22.13
Long-Term Deferred Charges	42.17	35	26	62.56	49.36	37.85
Other Long-Term Assets	18.87	12.86	4.63	12.12	65.31	50.62
Total Assets	3,654	3,627	3,564	3,828	3,710	3,546
Accounts Payable	296.13	241.04	279.61	433.54	386.04	342.25
Accrued Expenses	82.38	118.6	113.48	106.65	99.32	91.91
Short-Term Debt	631.74	675.16	593.61	729.59	730.59	730.04
Current Portion of Long-Term Debt	131.78	132.89	53.16	467.28	79.85	85.77
Current Portion of Leases	-	4.12	6.45	5.32	22.65	20.83
Current Income Taxes Payable	24.45	13.56	10.29	11.07	3.14	3.33
Current Unearned Revenue	8.69	6.95	10.43	3.17	4.9	4.28
Other Current Liabilities	52.55	42.83	45.01	45.58	29.34	26.22
Total Current Liabilities	1,228	1,235	1,112	1,802	1,356	1,305
Long-Term Debt	193	197.48	407.45	421.54	820.37	791.95
Long-Term Leases	15.33	9.97	12.73	25.59	17.74	20.75
Long-Term Unearned Revenue	87.47	91.66	89.67	90.83	92.72	92.18
Long-Term Deferred Tax Liabilities	17.21	16.71	17.8	14.32	17.07	1.79
Other Long-Term Liabilities	5.51	5.29	0.54	-	1.03	-
Total Liabilities	1,546	1,556	1,640	2,354	2,305	2,211
Common Stock	328.37	328.37	328.37	288.44	287.1	287.09
Additional Paid-In Capital	842.06	841.34	840.29	376.96	362.1	361.97
Retained Earnings	923.63	871.35	747.66	685.77	619.04	596.97
Treasury Stock	-42.34	-42.34	-31	-26.87	-10	-
Comprehensive Income & Other	56.34	71.74	38.37	149.45	146.61	88.33
Shareholders' Equity	2,108	2,070	1,924	1,474	1,405	1,334
Total Liabilities & Equity	3,654	3,627	3,564	3,828	3,710	3,546
Total Debt	971.84	1,020	1,073	1,649	1,671	1,649
Net Cash (Debt)	-795.5	-819.3	-958.66	-1,482	-1,513	-1,467
Net Cash Per Share	-2.41	-2.53	-3.44	-5.22	-5.49	-4.61
Filing Date Shares Outstanding	326.78	327.5	325.72	286.37	286.08	287.09
Total Common Shares Outstanding	326.78	327.5	325.72	286.37	286.08	287.09
Working Capital	83.57	32.62	98.65	-462.3	-98.75	-45.94
Book Value Per Share	6.45	6.32	5.91	5.15	4.91	4.65
Tangible Book Value	1,901	1,863	1,706	1,257	1,202	1,149
Tangible Book Value Per Share	5.82	5.69	5.24	4.39	4.20	4.00
Buildings	-	1,423	1,362	1,311	1,053	832.18
Machinery	-	2,106	1,989	1,982	1,753	1,580
Construction In Progress	-	143.08	87.14	131.53	353.35	533.04

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