SHE:002857 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	225.71	255.03	285.72	335.28	246.42	248.85
Trading Asset Securities	204.87	202.48	249.38	34.04	90.09	50.03
Cash & Short-Term Investments	430.58	457.51	535.1	369.32	336.51	298.88
Cash Growth	-13.21%	-14.50%	44.89%	9.75%	12.59%	4.28%
Accounts Receivable	153.28	215.16	309.66	166.59	128.77	144.87
Other Receivables	10.96	8.77	7.2	3.82	1.63	3.07
Receivables	164.24	223.94	316.86	170.41	130.39	147.94
Inventory	88.69	63.54	117.49	56.21	46.29	48.63
Other Current Assets	15.61	8.22	6.82	6.6	1.16	2.25
Total Current Assets	699.12	753.21	976.26	602.54	514.36	497.69
Property, Plant & Equipment	137.3	140.56	145.1	134.57	117.62	112.7
Long-Term Investments	26.41	27.57	12.14	6.09	-	-
Other Intangible Assets	14.16	14.73	15.45	16.3	17.33	17.88
Long-Term Deferred Tax Assets	9.19	9.57	10.41	5.65	5.09	4.74
Long-Term Deferred Charges	2.67	2.94	2.73	3.27	-	-
Other Long-Term Assets	2.52	2.6	3.05	3.93	1.59	-
Total Assets	891.36	951.18	1,165	772.37	656	633.02
Accounts Payable	322.1	358.26	511.18	185.3	82.03	82.3
Accrued Expenses	9.72	17.73	45.1	25.87	25.02	21.38
Short-Term Debt	-	-	3	-	-	-
Current Portion of Long-Term Debt	4.07	4.21	-	-	-	-
Current Portion of Leases	-	-	3.45	2.08	-	-
Current Income Taxes Payable	4.77	10.01	5.62	0.57	3.42	4.03
Current Unearned Revenue	33.71	19.13	31.91	12.04	16.07	8.15
Other Current Liabilities	35.07	33.89	2.04	1.36	2.14	2.75
Total Current Liabilities	409.44	443.23	602.29	227.22	128.68	118.61
Long-Term Leases	11.83	12.36	13.94	15.49	-	-
Long-Term Unearned Revenue	0.13	0.08	0.14	0.01	-	-
Long-Term Deferred Tax Liabilities	1.7	1.8	3.55	0	-	0.02
Total Liabilities	423.1	457.47	619.93	242.73	128.68	118.64
Common Stock	130.63	130.63	129.17	128	128	128
Additional Paid-In Capital	151.28	147.9	125.85	116.07	116.07	116.07
Retained Earnings	234.11	258.82	302.68	289.17	283.26	270.31
Treasury Stock	-49.83	-49.83	-30.42	-3.07	-	-
Comprehensive Income & Other	0.22	0.22	-	-	-	-
Total Common Equity	466.41	487.75	527.28	530.17	527.32	514.38
Minority Interest	1.84	5.95	17.95	-0.53	-	-
Shareholders' Equity	468.25	493.7	545.23	529.63	527.32	514.38
Total Liabilities & Equity	891.36	951.18	1,165	772.37	656	633.02
Total Debt	15.9	16.58	20.39	17.57	-	-
Net Cash (Debt)	414.68	440.94	514.71	351.75	336.51	298.88
Net Cash Growth	-13.52%	-14.33%	46.33%	4.53%	12.59%	4.28%
Net Cash Per Share	3.16	3.36	3.98	2.98	2.60	2.30
Filing Date Shares Outstanding	130.61	136.71	126.34	126.34	128	128
Total Common Shares Outstanding	130.61	136.71	126.34	126.34	128	128
Working Capital	289.68	309.98	373.97	375.32	385.68	379.08
Book Value Per Share	3.57	3.57	4.17	4.20	4.12	4.02
Tangible Book Value	452.25	473.03	511.83	513.86	509.99	496.49
Tangible Book Value Per Share	3.46	3.46	4.05	4.07	3.98	3.88
Buildings	-	-	109.68	109.35	119.43	10.13
Machinery	-	-	39.58	24.94	21.19	18.21
Construction In Progress	-	-	8.52	4.76	-	103.34

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