SHE:002837 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	917.14	1,237	728.19	940.34	562.94	574.15
Trading Asset Securities	63.02	30.54	30.21	50.19	158.45	239.58
Cash & Short-Term Investments	980.16	1,267	758.4	990.53	721.39	813.73
Cash Growth	32.57%	67.10%	-23.43%	37.31%	-11.35%	82.53%
Accounts Receivable	3,652	3,712	2,953	2,410	1,857	1,410
Other Receivables	49.41	14.79	55.12	64.48	108.73	54.06
Receivables	3,701	3,727	3,008	2,475	1,966	1,464
Inventory	1,182	983.4	884.36	672.73	439.42	399.98
Prepaid Expenses	-	1.68	1.8	1.51	1.39	1.28
Restricted Cash	-	-	-	-	102.86	-
Other Current Assets	196.47	168.2	148.85	89.85	55.09	32.84
Total Current Assets	6,060	6,148	4,802	4,229	3,286	2,712
Property, Plant & Equipment	1,247	1,182	836.72	482.65	364.65	337.72
Goodwill	59.97	59.97	111.21	157.33	232.64	248.55
Other Intangible Assets	146.87	148	126.28	129.47	81.93	85.16
Long-Term Accounts Receivable	-	-	-	2.64	4.85	8.49
Long-Term Deferred Tax Assets	164.67	137.86	73.54	60.59	56.55	40.54
Long-Term Deferred Charges	24.33	24.56	19.99	11.66	10.56	9.34
Other Long-Term Assets	59.4	47.07	45.05	17.51	19.26	14.86
Total Assets	7,762	7,747	6,014	5,091	4,056	3,456
Accounts Payable	1,799	2,001	1,805	1,457	934.39	663.34
Accrued Expenses	70.15	198.12	178.9	117.08	105.29	72.5
Short-Term Debt	939	736	312	378	505	580
Current Portion of Long-Term Debt	246.34	213.75	5.17	100.3	1	-
Current Portion of Leases	-	33.54	25	33.38	30.01	20.64
Current Income Taxes Payable	238.89	15.29	21.41	26.05	20.97	6.29
Current Unearned Revenue	285.64	230.69	229.33	184.21	99.97	93.91
Other Current Liabilities	179.46	356.02	129.23	103.15	96.03	74.92
Total Current Liabilities	3,758	3,785	2,706	2,400	1,793	1,512
Long-Term Debt	351.03	320.55	291.68	98.4	49	-
Long-Term Leases	78.91	92.62	24.09	39.04	48.23	50.7
Long-Term Unearned Revenue	19.79	20.37	19.55	22.65	15.31	17.41
Long-Term Deferred Tax Liabilities	7.74	7.55	15.06	15.94	16.5	1.89
Other Long-Term Liabilities	61.71	58.52	44.87	33.43	26.44	23.53
Total Liabilities	4,277	4,285	3,101	2,609	1,948	1,605
Common Stock	977.44	977.05	744.36	568.42	434.6	334.32
Additional Paid-In Capital	500.1	491.81	567.27	653.15	679.99	741.52
Retained Earnings	1,984	1,975	1,602	1,263	1,002	781.6
Treasury Stock	-	-	-	-	-	-0.08
Comprehensive Income & Other	0.66	1.87	2.24	1.36	0.91	-0.37
Total Common Equity	3,462	3,446	2,916	2,486	2,117	1,857
Minority Interest	22.59	17.09	-2.57	-4.14	-8.88	-5.71
Shareholders' Equity	3,484	3,463	2,913	2,482	2,108	1,851
Total Liabilities & Equity	7,762	7,747	6,014	5,091	4,056	3,456
Total Debt	1,615	1,396	657.94	649.13	633.24	651.34
Net Cash (Debt)	-635.12	-129.15	100.46	341.4	88.15	162.39
Net Cash Growth	-	-	-70.58%	287.29%	-45.72%	-
Net Cash Per Share	-0.66	-0.13	0.10	0.36	0.09	0.17
Filing Date Shares Outstanding	977.44	976.56	967.67	960.63	954.81	954.84
Total Common Shares Outstanding	977.44	976.56	967.67	960.63	954.81	954.84
Working Capital	2,302	2,363	2,096	1,830	1,493	1,200
Book Value Per Share	3.54	3.53	3.01	2.59	2.22	1.94
Tangible Book Value	3,255	3,238	2,678	2,199	1,803	1,523
Tangible Book Value Per Share	3.33	3.32	2.77	2.29	1.89	1.60
Buildings	-	502.71	457.8	167.74	167.74	167.74
Machinery	-	473.39	302.94	221.85	177.37	145.43
Construction In Progress	-	268.13	164.24	128.36	23.63	10.15

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