SHE:002859 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	621.24	596.33	546.64	569.71	1,086	692.91
Cash & Short-Term Investments	621.24	596.33	546.64	569.71	1,086	692.91
Cash Growth	27.19%	9.09%	-4.05%	-47.52%	56.68%	-24.26%
Accounts Receivable	664.27	680.5	620.15	542.44	356.73	510.4
Other Receivables	13.07	11.63	23.93	5.51	1.61	10.31
Receivables	677.33	692.13	644.08	547.95	358.35	520.71
Inventory	640.21	523.82	447.83	392.74	362.75	378.86
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	203.72	188.64	97.09	63.13	38.79	33.96
Total Current Assets	2,143	2,001	1,736	1,574	1,846	1,626
Property, Plant & Equipment	4,751	4,691	4,185	3,172	2,620	2,193
Long-Term Investments	174.69	144.15	113.64	115.36	30	15
Goodwill	50.37	50.37	50.4	20.48	20.86	-
Other Intangible Assets	290.48	283.4	265.65	242.66	192.33	158.74
Long-Term Deferred Tax Assets	15.42	9.67	6.98	1.71	29.21	9.24
Long-Term Deferred Charges	23.12	24.54	9.43	9.34	11.6	7.36
Other Long-Term Assets	89.46	50.64	48.05	16.15	59.05	29.28
Total Assets	7,537	7,254	6,415	5,151	4,809	4,039
Accounts Payable	324.95	280.9	422.43	294.75	176.31	248.83
Accrued Expenses	33.83	88.33	78.9	62.8	47.21	45.37
Short-Term Debt	970.41	780.34	555.36	461.97	596.54	410.42
Current Portion of Long-Term Debt	976.82	795.87	192.54	53.24	143.97	217.35
Current Portion of Leases	-	7.35	6.29	3.22	3.25	4.79
Current Income Taxes Payable	28.91	24.43	5.77	9.81	0	29.45
Current Unearned Revenue	5.63	2.48	2.59	1.33	1.71	0.52
Other Current Liabilities	32.01	32.83	48.86	5.5	5.97	2.02
Total Current Liabilities	2,373	2,013	1,313	892.62	974.97	958.76
Long-Term Debt	1,845	1,973	2,036	1,150	887.25	871.7
Long-Term Leases	8.01	11.15	10.81	3.26	1.22	4.09
Long-Term Unearned Revenue	52.53	52.21	26.08	25.91	28.15	28.32
Long-Term Deferred Tax Liabilities	63.25	64.34	64.33	61.81	71.7	40.72
Other Long-Term Liabilities	-	-	-	39.25	64.38	-
Total Liabilities	4,341	4,113	3,450	2,173	2,028	1,904
Common Stock	431.23	430.94	430.91	432.82	434.26	410.02
Additional Paid-In Capital	887.39	875.07	903.92	935.86	974.13	531.1
Retained Earnings	1,776	1,728	1,602	1,536	1,323	1,239
Treasury Stock	-28.36	-28.36	-102.64	-32.11	-56.38	-150
Comprehensive Income & Other	113.08	116.97	111.18	106.2	106.48	105.33
Total Common Equity	3,179	3,123	2,945	2,979	2,781	2,135
Minority Interest	16.47	18.78	19.53	-0.02	-	-
Shareholders' Equity	3,196	3,141	2,965	2,979	2,781	2,135
Total Liabilities & Equity	7,537	7,254	6,415	5,151	4,809	4,039
Total Debt	3,800	3,568	2,801	1,671	1,632	1,508
Net Cash (Debt)	-3,179	-2,971	-2,254	-1,102	-546.57	-815.44
Net Cash Per Share	-7.32	-6.89	-5.24	-2.54	-1.35	-1.93
Filing Date Shares Outstanding	429.83	429.83	425.96	430.43	403.81	404.7
Total Common Shares Outstanding	429.83	429.83	425.96	430.43	403.81	404.7
Working Capital	-230.05	-11.62	422.89	680.91	870.58	667.68
Book Value Per Share	7.40	7.26	6.91	6.92	6.89	5.28
Tangible Book Value	2,838	2,789	2,629	2,716	2,568	1,977
Tangible Book Value Per Share	6.60	6.49	6.17	6.31	6.36	4.88
Buildings	-	2,012	1,948	1,892	1,389	723.88
Machinery	-	1,794	1,644	1,386	1,085	796.4
Construction In Progress	-	1,759	1,297	456.71	591.58	1,013

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