SHE:002824 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	Dec '21 Dec 31, 2021
Cash & Equivalents	471.76	497.9	307.93	250.81	207.17	129.26
Trading Asset Securities	481.56	276.56	0	0.16	38.52	-
Cash & Short-Term Investments	953.32	774.46	307.93	250.97	245.7	129.26
Cash Growth	131.16%	151.50%	22.70%	2.15%	90.07%	13.79%
Accounts Receivable	1,965	2,000	1,446	1,494	1,255	912.03
Other Receivables	5.52	6.81	5.22	7.46	6.94	3.5
Receivables	1,971	2,007	1,451	1,501	1,262	915.53
Inventory	756.34	652.2	550.32	459.04	448.41	329.9
Other Current Assets	34.58	36.68	37.69	40.15	12.7	22.77
Total Current Assets	3,715	3,470	2,347	2,251	1,969	1,397
Property, Plant & Equipment	1,559	1,559	1,394	1,145	842.39	742.47
Long-Term Investments	-	-	-	-	-	11.26
Goodwill	7.31	7.31	7.31	7.31	7.31	7.31
Other Intangible Assets	167.22	168.26	174.75	180.66	179.05	81.74
Long-Term Accounts Receivable	-	-	2.75	4.03	1.83	1.43
Long-Term Deferred Tax Assets	22.98	20.82	22	8.75	10.42	12.61
Long-Term Deferred Charges	40.07	38.17	30.71	23.56	21.21	7.72
Other Long-Term Assets	21.06	8.54	21.37	9.95	9.74	9.79
Total Assets	5,532	5,272	4,000	3,631	3,041	2,272
Accounts Payable	1,783	1,473	911.84	675.86	652.92	476.81
Accrued Expenses	71.93	70.08	72.05	87.08	82.26	92.29
Short-Term Debt	89.48	139.97	156.06	533.94	147.95	264.06
Current Portion of Long-Term Debt	402.29	234.75	201.5	62.49	29.3	23.52
Current Portion of Leases	-	-	29.09	27.07	13.02	12.55
Current Income Taxes Payable	8.2	18.38	0.23	0.41	3.87	3.25
Current Unearned Revenue	4.65	4.26	2.58	3.6	3.8	1.76
Other Current Liabilities	92.24	103.33	61.76	63.44	101.93	67.4
Total Current Liabilities	2,452	2,044	1,435	1,454	1,035	941.65
Long-Term Debt	538.22	723.03	666.79	298.7	263.15	74.15
Long-Term Leases	102.06	92.61	123.34	131.36	93.85	79.5
Long-Term Unearned Revenue	62.13	61.4	26.14	25.4	17.99	5.58
Long-Term Deferred Tax Liabilities	2.78	2.81	2.88	2.98	9.67	10.69
Total Liabilities	3,157	2,924	2,254	1,912	1,420	1,112
Common Stock	311.18	311.18	279.11	279.94	199.73	184.74
Additional Paid-In Capital	1,107	1,104	626.73	638.78	705.41	405.33
Retained Earnings	929.56	904.97	797.51	770.2	691.01	523.72
Treasury Stock	-13.81	-13.81	-	-12.88	-25.57	-25.18
Comprehensive Income & Other	0.06	0.08	0.1	0.24	0.23	0.01
Total Common Equity	2,334	2,307	1,703	1,676	1,571	1,089
Minority Interest	41.29	41.86	42.09	42.5	50.63	71.6
Shareholders' Equity	2,375	2,348	1,746	1,719	1,621	1,160
Total Liabilities & Equity	5,532	5,272	4,000	3,631	3,041	2,272
Total Debt	1,132	1,190	1,177	1,054	547.28	453.78
Net Cash (Debt)	-178.72	-415.9	-868.83	-802.59	-301.59	-324.52
Net Cash Per Share	-0.59	-1.42	-3.13	-2.89	-1.11	-1.26
Filing Date Shares Outstanding	307.38	287.6	279.11	279.94	279.66	184.74
Total Common Shares Outstanding	307.38	287.6	279.11	279.94	279.66	258.68
Working Capital	1,263	1,426	911.67	797.52	934.14	455.81
Book Value Per Share	7.59	8.02	6.10	5.99	5.62	4.21
Tangible Book Value	2,160	2,131	1,521	1,488	1,384	999.56
Tangible Book Value Per Share	7.03	7.41	5.45	5.32	4.95	3.86
Buildings	-	-	439.8	323.59	293.01	289.79
Machinery	-	-	1,054	866.56	753.85	610.16
Construction In Progress	-	-	280.22	244.75	72.59	79.87

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