SHE:002833 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	1,303	1,086	962.97	1,172	1,182	693.02
Short-Term Investments	-	-	10.85	-	-	-
Trading Asset Securities	127.28	157.48	172.95	26.22	266.52	743.06
Cash & Short-Term Investments	1,430	1,244	1,147	1,198	1,448	1,436
Cash Growth	9.72%	8.47%	-4.29%	-17.28%	0.86%	91.39%
Accounts Receivable	127.49	76.52	145.13	147.58	143.57	104.52
Other Receivables	10.82	10.39	12.34	10.95	12.28	3.71
Receivables	138.31	86.91	157.47	158.54	155.85	108.23
Inventory	434.76	427.82	430.3	302.34	318.72	337.3
Prepaid Expenses	-	-	1.56	2.6	0.53	0.54
Other Current Assets	151.96	129.73	54.89	81.98	51.65	37.15
Total Current Assets	2,155	1,888	1,791	1,744	1,975	1,919
Property, Plant & Equipment	1,420	1,420	1,420	1,338	1,088	828.04
Long-Term Investments	226.97	230.22	183.27	209.69	197.7	202.49
Goodwill	-	-	-	-	-	12.04
Other Intangible Assets	312.72	309.06	316.3	290.37	310.63	289.51
Long-Term Deferred Tax Assets	25.54	24.19	30.83	23.03	31.37	12.62
Long-Term Deferred Charges	0.9	0.87	0.2	0.13	0.13	0.28
Other Long-Term Assets	365.09	430.32	400.43	378.89	162.43	176.91
Total Assets	4,507	4,303	4,142	3,983	3,765	3,441
Accounts Payable	223.07	194.62	192.56	275.32	226.08	156.12
Accrued Expenses	57.63	68.81	68.6	68.64	71.94	70.76
Short-Term Debt	91.69	106.52	143.51	52.55	70.23	81.41
Current Portion of Long-Term Debt	690.34	680.2	8.32	30.54	13.66	6.32
Current Portion of Leases	-	-	5.37	5.46	5.74	5.02
Current Income Taxes Payable	48.01	27.11	14.15	26.6	29.3	16.31
Current Unearned Revenue	98.39	79.78	54.74	47.3	64.92	93.01
Other Current Liabilities	43.09	41.68	40.13	30.68	27.63	109
Total Current Liabilities	1,252	1,199	527.4	537.1	509.51	537.93
Long-Term Debt	3.73	5.16	580.18	558.56	523.5	503.63
Long-Term Leases	15.12	15.11	18.3	23.94	31.42	32.71
Long-Term Unearned Revenue	27.19	28.12	22.85	22.1	24.63	17.72
Pension & Post-Retirement Benefits	-	-	8.01	9.53	9.42	9.67
Long-Term Deferred Tax Liabilities	20.89	22.14	23.72	17.41	31.47	31.48
Other Long-Term Liabilities	7.75	8.55	-	-	1.56	1.76
Total Liabilities	1,327	1,278	1,180	1,169	1,132	1,135
Common Stock	424.23	424.23	424.23	424.23	424.23	303.02
Additional Paid-In Capital	61.88	55.07	54.7	54.6	54.22	174.53
Retained Earnings	2,459	2,314	2,180	2,045	1,879	1,582
Comprehensive Income & Other	107.5	106.4	171.92	170.32	164.73	155.38
Total Common Equity	3,053	2,900	2,831	2,694	2,522	2,215
Minority Interest	127.37	125.59	129.82	120.85	111.63	91.46
Shareholders' Equity	3,180	3,025	2,961	2,815	2,634	2,306
Total Liabilities & Equity	4,507	4,303	4,142	3,983	3,765	3,441
Total Debt	800.87	806.99	755.69	671.05	644.56	629.09
Net Cash (Debt)	629.51	436.91	391.09	527.07	803.83	806.98
Net Cash Growth	24.89%	11.72%	-25.80%	-34.43%	-0.39%	18.23%
Net Cash Per Share	1.48	1.02	0.91	1.23	1.89	1.91
Filing Date Shares Outstanding	426.98	432.67	424.23	424.23	424.23	424.23
Total Common Shares Outstanding	426.98	432.67	424.23	424.23	424.23	424.23
Working Capital	903.2	689.66	1,264	1,206	1,466	1,381
Book Value Per Share	7.15	6.70	6.67	6.35	5.95	5.22
Tangible Book Value	2,740	2,591	2,515	2,404	2,212	1,913
Tangible Book Value Per Share	6.42	5.99	5.93	5.67	5.21	4.51
Buildings	-	-	1,073	612.37	625.26	505.99
Machinery	-	-	656.09	516.89	477.37	441.98
Construction In Progress	-	-	28.21	507.27	265.45	155.43

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