SHE:002829 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	56.64	116.48	336.85	397.58	195.63	230.95
Short-Term Investments	-	-	20	41.33	-	-
Trading Asset Securities	200	200.02	200.12	180.68	-	-
Cash & Short-Term Investments	256.64	316.5	556.97	619.6	195.63	230.95
Cash Growth	-44.15%	-43.18%	-10.11%	216.73%	-15.30%	-27.75%
Accounts Receivable	722.48	732.95	798.68	878.88	895.31	575.36
Other Receivables	8.93	9.97	7.12	12.6	20.77	22.09
Receivables	731.41	742.93	805.81	891.48	916.08	597.46
Inventory	526.4	531.37	618.06	595.01	502.59	448.53
Other Current Assets	55.9	52.05	47.57	51.32	27.89	55.48
Total Current Assets	1,570	1,643	2,028	2,157	1,642	1,332
Property, Plant & Equipment	163.66	166.25	209	226.49	219.59	176.16
Long-Term Investments	289.33	296.53	227.94	232.36	229.61	216.66
Goodwill	14.8	14.8	49.27	111.13	128.37	128.37
Other Intangible Assets	39.3	39.8	39.98	41.2	39.23	37.65
Long-Term Deferred Tax Assets	88.69	84.19	55.62	14.82	20.65	16.27
Long-Term Deferred Charges	37.83	37.46	33.87	26.6	11.41	14.03
Other Long-Term Assets	27.03	27.25	22.98	23.69	47.62	42.43
Total Assets	2,231	2,309	2,667	2,834	2,339	1,964
Accounts Payable	393.84	438.53	529.96	505.28	479.9	420.16
Accrued Expenses	8.49	9.12	17	26.01	49.61	32.12
Short-Term Debt	98.61	105.02	203.66	121.81	158.15	146.9
Current Portion of Long-Term Debt	5.19	5.08	-	-	-	-
Current Portion of Leases	-	-	7.76	7.52	7.27	2.75
Current Income Taxes Payable	1.51	4.87	-	3.44	17.79	4.9
Current Unearned Revenue	29.44	25.15	11.53	13.33	16.58	34.97
Other Current Liabilities	15.65	12.49	20.52	25.6	38.55	53.11
Total Current Liabilities	552.73	600.25	790.43	702.99	767.84	694.92
Long-Term Leases	20.4	22.23	48.55	54.29	59.77	0.58
Long-Term Unearned Revenue	0.45	0.53	1.05	3.12	6.64	10.32
Long-Term Deferred Tax Liabilities	-	-	-	-	10.47	10.27
Other Long-Term Liabilities	-	-	-	-	26.41	52.83
Total Liabilities	573.58	623.01	840.02	760.4	871.13	768.91
Common Stock	207.81	207.81	207.81	207.81	156.31	154.69
Additional Paid-In Capital	878.06	878.06	875.08	876.9	318.26	265.87
Retained Earnings	434.32	460.85	570.1	798.11	806.1	613.51
Treasury Stock	-20.99	-20.99	-	-	-	-
Comprehensive Income & Other	49.13	49.13	45.56	45.56	45.56	42.84
Total Common Equity	1,548	1,575	1,699	1,928	1,326	1,077
Minority Interest	109.1	111.26	128.5	144.92	141.29	118.16
Shareholders' Equity	1,657	1,686	1,827	2,073	1,468	1,195
Total Liabilities & Equity	2,231	2,309	2,667	2,834	2,339	1,964
Total Debt	124.21	132.33	259.96	183.61	225.19	150.23
Net Cash (Debt)	132.44	184.16	297.02	435.98	-29.57	80.73
Net Cash Growth	-39.08%	-38.00%	-31.87%	-	-	-41.29%
Net Cash Per Share	0.64	0.89	1.43	2.18	-0.16	0.43
Filing Date Shares Outstanding	204.11	184.92	206.59	207.81	206.58	185.62
Total Common Shares Outstanding	204.11	184.92	207.81	207.81	187.57	185.62
Working Capital	1,018	1,043	1,238	1,454	874.34	637.5
Book Value Per Share	7.59	8.52	8.17	9.28	7.07	5.80
Tangible Book Value	1,494	1,520	1,609	1,776	1,159	910.89
Tangible Book Value Per Share	7.32	8.22	7.74	8.55	6.18	4.91
Buildings	-	-	187.84	187.84	159.84	167.52
Machinery	-	-	109.23	106.17	101.4	101.22
Construction In Progress	-	-	-	1.39	2.19	1.21

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