SHE:002843 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	339.65	470.74	371.18	712.54	171.72	62.14
Trading Asset Securities	101.69	0.25	177.06	-	30	-
Cash & Short-Term Investments	441.33	470.99	548.24	712.54	201.72	62.14
Cash Growth	-15.60%	-14.09%	-23.06%	253.24%	224.61%	-21.45%
Accounts Receivable	570.98	531.41	528.18	589.53	567.69	217.34
Other Receivables	5.83	4.63	7.31	23.31	27.37	6.98
Receivables	576.81	536.03	535.49	612.84	595.06	224.33
Inventory	288.94	260.85	268.49	260.12	274.58	107.76
Other Current Assets	63.32	35.67	34.79	28.22	10.23	5.27
Total Current Assets	1,370	1,304	1,387	1,614	1,082	399.49
Property, Plant & Equipment	685.34	671.29	701.5	633.07	536.33	342.52
Long-Term Investments	36.27	36.16	63.69	72.27	75.92	171.55
Goodwill	66.86	66.86	106.81	134.38	134.38	-
Other Intangible Assets	99.89	81.03	63.89	33.82	26.44	11.87
Long-Term Deferred Tax Assets	142.61	137.29	148.06	151.08	112.7	7.28
Long-Term Deferred Charges	22.13	26.23	47.45	39.18	8.76	2.34
Other Long-Term Assets	46.45	56.82	26.63	24.05	15.59	13.64
Total Assets	2,470	2,379	2,545	2,702	1,992	1,014
Accounts Payable	472.88	420.74	491.36	518.05	557.34	194.27
Accrued Expenses	25.44	43.36	58.52	67.23	54.3	24.57
Short-Term Debt	216.51	140.82	170.59	173.2	365.86	135.3
Current Portion of Long-Term Debt	105.08	105.13	25.87	57.94	-	-
Current Portion of Leases	-	-	12.74	10.3	6.98	0.7
Current Income Taxes Payable	8.63	20.78	3.55	26.05	29.5	5.14
Current Unearned Revenue	5.62	4.63	5.14	2.69	4.22	4.75
Other Current Liabilities	66.75	50.16	61.43	84.1	101.41	36.22
Total Current Liabilities	900.91	785.61	829.2	939.56	1,120	400.95
Long-Term Debt	127.84	176.32	193.82	111.05	-	-
Long-Term Leases	14.6	15.62	52.49	55.18	16.26	-
Long-Term Unearned Revenue	16.42	16.93	15.52	12.47	10.77	8.97
Long-Term Deferred Tax Liabilities	63.24	62.21	72.9	75.07	67.01	13.32
Other Long-Term Liabilities	0.09	0.09	0.08	0.63	0.79	-
Total Liabilities	1,123	1,057	1,164	1,194	1,214	423.24
Common Stock	251.74	251.74	254.11	252.24	211.68	210
Additional Paid-In Capital	616.72	616.72	638.79	708.32	113.41	102.01
Retained Earnings	473.22	448.76	510.87	511.02	377.96	279.01
Treasury Stock	-	-	-24.7	-25.02	-0.16	-0.16
Comprehensive Income & Other	2.89	2.72	2.03	2.14	1.96	-0.65
Total Common Equity	1,345	1,320	1,381	1,449	704.85	590.21
Minority Interest	2.3	2.5	-0.06	58.89	72.43	0.29
Shareholders' Equity	1,347	1,322	1,381	1,508	777.28	590.5
Total Liabilities & Equity	2,470	2,379	2,545	2,702	1,992	1,014
Total Debt	464.03	437.88	455.51	407.67	389.1	136
Net Cash (Debt)	-22.69	33.1	92.74	304.87	-187.39	-73.86
Net Cash Growth	-	-64.30%	-69.58%	-	-	-
Net Cash Per Share	-0.09	0.13	0.37	1.35	-0.89	-0.36
Filing Date Shares Outstanding	244.64	255.78	246.59	245.66	201.18	199.5
Total Common Shares Outstanding	244.64	255.78	246.59	245.66	201.18	199.5
Working Capital	469.49	517.93	557.82	674.16	-38.02	-1.46
Book Value Per Share	5.50	5.16	5.60	5.90	3.50	2.96
Tangible Book Value	1,178	1,172	1,210	1,281	544.03	578.34
Tangible Book Value Per Share	4.81	4.58	4.91	5.21	2.70	2.90
Buildings	-	-	284.25	260.77	43.43	212.14
Machinery	-	-	936.6	875.58	1,024	350.66
Construction In Progress	-	-	99.4	51.59	24.92	12.85

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