SHE:002861 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	180.52	189.84	87.81	149.65	146.59	189.38
Trading Asset Securities	0.01	-	229.12	261.91	263.18	233.48
Cash & Short-Term Investments	180.53	189.84	316.93	411.56	409.77	422.86
Cash Growth	-30.32%	-40.10%	-22.99%	0.44%	-3.10%	-17.87%
Accounts Receivable	190.78	203.13	215.67	193.67	158.76	227.79
Other Receivables	9.97	9	6.35	5.12	4.6	8.49
Receivables	200.75	212.13	222.02	198.79	163.36	236.28
Inventory	106.64	89.85	104.12	85.27	104.34	136.63
Other Current Assets	40.71	30.95	23.73	17.5	15.27	19.31
Total Current Assets	528.63	522.77	666.8	713.13	692.74	815.09
Property, Plant & Equipment	834.17	827.57	793.7	718.88	634.49	532.56
Long-Term Investments	33.69	33.65	33.35	31.35	36	36
Goodwill	-	-	-	-	19.19	72.03
Other Intangible Assets	122.41	124.23	128.49	147.88	154.32	160.37
Long-Term Deferred Tax Assets	23.82	24.09	24.06	23.09	25.39	25.99
Long-Term Deferred Charges	5.3	4.7	0.68	1.04	3.15	6.27
Other Long-Term Assets	6.83	9.85	7.25	7.86	19.77	19.03
Total Assets	1,555	1,547	1,654	1,643	1,585	1,667
Accounts Payable	241.07	226.97	253.46	222.24	169.01	193.92
Accrued Expenses	24.35	26.78	36.68	34.44	33.29	31.58
Short-Term Debt	60.03	30.03	30	30	30	30.04
Current Portion of Long-Term Debt	20.57	18.01	12.15	7.22	13.14	15.05
Current Portion of Leases	-	-	2.75	4.41	4.21	3.97
Current Income Taxes Payable	5.93	7.54	0.67	0.41	0.36	0.52
Current Unearned Revenue	0.15	0.28	2.61	2.33	2.56	2.02
Other Current Liabilities	8.12	10.28	2.03	1.59	2.36	11.03
Total Current Liabilities	360.22	319.89	340.36	302.65	254.92	288.11
Long-Term Debt	132.8	134.66	128.64	469.34	387.16	318.47
Long-Term Leases	7.3	4.66	2.75	4.27	11.02	15.14
Long-Term Unearned Revenue	22.12	22.88	21.42	22.95	14.2	13.53
Total Liabilities	522.44	482.09	493.17	799.21	667.31	635.25
Common Stock	186.28	186.28	186.28	155.55	155.55	155.54
Additional Paid-In Capital	718.2	718.2	717.44	407.63	402.08	414.56
Retained Earnings	152.86	179.94	269.62	279.5	358.53	476.01
Treasury Stock	-	-	-	-	-	-14.98
Comprehensive Income & Other	-24.33	-19.54	-12.17	1.34	1.59	0.97
Total Common Equity	1,033	1,065	1,161	844.02	917.75	1,032
Minority Interest	-0.61	-0.12	-	-	-	-
Shareholders' Equity	1,032	1,065	1,161	844.02	917.75	1,032
Total Liabilities & Equity	1,555	1,547	1,654	1,643	1,585	1,667
Total Debt	220.69	187.36	176.3	515.25	445.53	382.66
Net Cash (Debt)	-40.17	2.48	140.63	-103.69	-35.76	40.2
Net Cash Growth	-	-98.23%	-	-	-	-72.84%
Net Cash Per Share	-0.22	0.01	0.84	-0.67	-0.23	0.25
Filing Date Shares Outstanding	180.52	176.89	186.28	155.55	155.55	147.63
Total Common Shares Outstanding	180.52	176.89	186.28	155.55	155.55	147.63
Working Capital	168.4	202.88	326.44	410.47	437.82	526.98
Book Value Per Share	5.72	6.02	6.23	5.43	5.90	6.99
Tangible Book Value	910.61	940.66	1,033	696.14	744.24	799.69
Tangible Book Value Per Share	5.04	5.32	5.54	4.48	4.78	5.42
Buildings	-	-	643.81	406.17	372.21	369.54
Machinery	-	-	314.33	296.35	293.46	283.8
Construction In Progress	-	-	113.15	276.25	183.18	49.19

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