SHE:002849 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	456.54	602.06	598.98	605.36	581.51	335.04
Trading Asset Securities	130.52	10.52	8.65	2.61	-	-
Cash & Short-Term Investments	587.06	612.58	607.63	607.97	581.51	335.04
Cash Growth	12.89%	0.81%	-0.06%	4.55%	73.56%	-14.29%
Accounts Receivable	875.04	964.24	849.58	809.08	755.56	703.42
Other Receivables	160.43	36.68	21.19	15.49	13.01	12.03
Receivables	1,035	1,001	870.78	824.58	768.57	715.45
Inventory	454.17	506.31	370.16	356.7	331.35	264.54
Other Current Assets	15.22	16.07	4.63	4.2	10.07	1.29
Total Current Assets	2,092	2,136	1,853	1,793	1,691	1,316
Property, Plant & Equipment	306.61	311.95	276.61	272.52	287.4	302.86
Long-Term Investments	126.91	188.04	173.75	196.87	102.32	42.98
Goodwill	1.88	1.88	-	-	-	-
Other Intangible Assets	31.09	32.6	30.03	27.57	29.1	30.19
Long-Term Accounts Receivable	-	-	64.17	48.01	39.81	39.24
Long-Term Deferred Tax Assets	24.16	23.75	24.39	14.57	10.38	10.76
Long-Term Deferred Charges	4.3	4.37	0.57	1	0.75	1.91
Other Long-Term Assets	158.53	94.82	0.66	4.57	0.25	3.01
Total Assets	2,745	2,793	2,423	2,359	2,162	1,747
Accounts Payable	1,043	1,107	825.28	818.31	647.99	693.3
Accrued Expenses	30.82	50.27	47.11	31.26	19.98	18.49
Short-Term Debt	131.58	121.69	38.23	29.56	6.44	32.18
Current Portion of Long-Term Debt	-	6.83	62.08	5	27.73	43.16
Current Income Taxes Payable	-	7.2	6.47	3.68	3.72	2.67
Current Unearned Revenue	8.98	15.77	6.98	5.91	3.16	3.24
Other Current Liabilities	41.13	30.52	17.96	39.04	43.11	1.6
Total Current Liabilities	1,256	1,339	1,004	932.76	752.13	794.63
Long-Term Debt	-	-	64.1	115.92	124.63	56.78
Long-Term Leases	30.21	29.34	0.49	-	-	-
Long-Term Unearned Revenue	4.9	0.78	0.92	0.49	0.54	0.61
Other Long-Term Liabilities	-	-	-	2.36	1.83	2.22
Total Liabilities	1,291	1,369	1,070	1,052	879.13	854.24
Common Stock	220.63	220.63	220.63	220.63	157.6	132.36
Additional Paid-In Capital	544.74	544.74	546.41	541.08	603.76	256.83
Retained Earnings	606.57	581.12	535.99	511.18	483.53	430.7
Treasury Stock	-	-	-	-	-	-0.27
Comprehensive Income & Other	5.07	4.86	1.52	0.75	0.04	-
Total Common Equity	1,377	1,351	1,305	1,274	1,245	819.63
Minority Interest	77.56	72.81	49.21	33.4	37.46	73.4
Shareholders' Equity	1,455	1,424	1,354	1,307	1,282	893.02
Total Liabilities & Equity	2,745	2,793	2,423	2,359	2,162	1,747
Total Debt	161.79	157.87	164.89	150.48	158.81	132.11
Net Cash (Debt)	425.26	454.71	442.73	457.49	422.7	202.93
Net Cash Growth	30.40%	2.71%	-3.23%	8.23%	108.30%	-19.32%
Net Cash Per Share	1.92	2.02	1.97	2.02	2.13	1.09
Filing Date Shares Outstanding	212.09	237.27	220.63	220.63	220.63	185.3
Total Common Shares Outstanding	212.09	237.27	220.63	220.63	220.63	185.3
Working Capital	836.19	796.87	849.1	860.69	939.36	521.69
Book Value Per Share	6.49	5.70	5.91	5.77	5.64	4.42
Tangible Book Value	1,344	1,317	1,275	1,246	1,216	789.44
Tangible Book Value Per Share	6.34	5.55	5.78	5.65	5.51	4.26
Buildings	-	-	300.76	297.82	297.82	305.41
Machinery	-	-	89.74	72.31	67.23	60.4
Construction In Progress	-	-	2.21	2.93	2.22	-

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