SHE:002869 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	621.81	-	945.39	963.61	969.6	875.29
Short-Term Investments	-	-	40	30.06	185.2	-
Trading Asset Securities	599.34	-	412.87	539.3	211.99	300.77
Cash & Short-Term Investments	1,221	-	1,398	1,533	1,367	1,176
Cash Growth	-7.73%	-	-8.79%	12.16%	16.22%	-19.70%
Accounts Receivable	389.25	-	516.91	399.18	373.4	329.43
Other Receivables	30.24	-	7	6.66	13.12	5.88
Receivables	419.49	-	523.91	405.84	386.51	335.31
Inventory	156.38	-	140.05	122.56	100.81	149.25
Other Current Assets	25.04	-	5.49	7.94	11.27	36.61
Total Current Assets	1,822	-	2,068	2,069	1,865	1,697
Property, Plant & Equipment	228.32	-	224.9	247.23	255.65	354.11
Long-Term Investments	223.73	-	196.64	193.39	263.18	418.21
Other Intangible Assets	30.08	-	33.79	29.6	30.22	47.75
Long-Term Accounts Receivable	-	-	28.79	57.58	87.66	48.99
Long-Term Deferred Tax Assets	73.79	-	72.78	72.21	62.45	63.73
Long-Term Deferred Charges	3.51	-	4.5	7.55	5.12	10.77
Other Long-Term Assets	40.79	-	19.87	21.47	23.52	16.8
Total Assets	2,437	-	2,649	2,698	2,593	2,658
Accounts Payable	158.74	-	256.56	239.7	208.67	131.36
Accrued Expenses	21.14	-	50.14	46.68	54.45	52.43
Short-Term Debt	49.93	-	2.03	129.8	99.24	-
Current Portion of Leases	-	-	8.6	7.27	9.39	7.99
Current Income Taxes Payable	1.99	-	-	-	0.65	3.24
Current Unearned Revenue	40.6	-	15.91	6.5	10.69	42.46
Other Current Liabilities	63.42	-	58.25	75.01	70.13	46.01
Total Current Liabilities	352.33	-	391.49	504.95	453.23	283.5
Long-Term Leases	15.41	-	8.69	16.01	8.73	17.19
Long-Term Unearned Revenue	8.54	-	10.11	10.68	14.27	10
Long-Term Deferred Tax Liabilities	27.84	-	20.82	21.28	18.93	36.92
Other Long-Term Liabilities	17.8	-	20.14	25.14	34.82	38.81
Total Liabilities	421.92	-	451.25	578.06	529.98	386.43
Common Stock	176.91	-	179.56	179.56	179.56	180.15
Additional Paid-In Capital	637.23	-	677.79	672.17	659.49	702.17
Retained Earnings	1,205	-	1,394	1,333	1,294	1,189
Treasury Stock	-95.2	-	-146.23	-156.65	-162.2	-8.54
Comprehensive Income & Other	92.44	-	92.44	92.44	92.44	208.54
Total Common Equity	2,016	-	2,198	2,120	2,063	2,271
Minority Interest	-0.72	-	-	-	-	-
Shareholders' Equity	2,015	-	2,198	2,120	2,063	2,271
Total Liabilities & Equity	2,437	-	2,649	2,698	2,593	2,658
Total Debt	81.86	-	19.32	153.08	117.37	25.18
Net Cash (Debt)	1,139	-	1,379	1,380	1,249	1,151
Net Cash Growth	-13.34%	-	-0.07%	10.44%	8.56%	-21.42%
Net Cash Per Share	6.58	-	8.05	8.11	7.14	6.45
Filing Date Shares Outstanding	172.96	176.43	173.56	173.56	173.8	180.15
Total Common Shares Outstanding	172.96	176.43	173.56	173.56	173.8	180.15
Working Capital	1,470	-	1,676	1,564	1,412	1,414
Book Value Per Share	11.66	-	12.66	12.22	11.87	12.61
Tangible Book Value	1,971	-	2,164	2,091	2,033	2,223
Tangible Book Value Per Share	11.40	-	12.47	12.05	11.70	12.34
Buildings	-	-	198.3	198.3	198.3	216.69
Machinery	-	-	105.95	104.84	101.91	103.57
Construction In Progress	-	-	-	0.09	0.18	57.37

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