SHE:002872 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	266.13	280.47	270.42	192.71	278.25	338.68
Trading Asset Securities	-	-	-	-	-	82
Cash & Short-Term Investments	266.13	280.47	270.42	192.71	278.25	420.68
Cash Growth	-9.63%	3.72%	40.32%	-30.74%	-33.86%	26.81%
Accounts Receivable	129.76	141.52	158.01	181.16	195.01	240.01
Other Receivables	154.34	147.09	159.58	170.94	186.77	80.85
Receivables	284.1	288.61	317.59	352.11	381.78	320.87
Inventory	95.84	101.31	106.8	136.22	130.87	124.58
Prepaid Expenses	-	0	0	-	-	-
Other Current Assets	16.59	9.26	7.63	10	25.18	54.08
Total Current Assets	662.64	679.65	702.44	691.04	816.08	920.21
Property, Plant & Equipment	1,313	1,334	1,464	1,581	1,613	1,638
Long-Term Investments	49.57	52.93	47.02	52.7	52.46	50
Other Intangible Assets	255.68	258.43	285.9	311.77	319.5	327.14
Long-Term Deferred Tax Assets	83.71	84.2	77.58	68.07	64.97	69.15
Long-Term Deferred Charges	17.28	18.37	23.4	16.33	11.74	14.51
Other Long-Term Assets	227.77	216.22	135.44	89.98	92.64	101.44
Total Assets	2,609	2,644	2,736	2,811	2,971	3,120
Accounts Payable	43.47	48.07	46.47	77.34	55.31	126.45
Accrued Expenses	7.44	19.32	14.34	10.28	25.27	14.52
Short-Term Debt	122.62	86.29	80.28	117.34	89.59	132.42
Current Portion of Long-Term Debt	222.57	113.86	49.5	82.98	143.45	49.59
Current Portion of Leases	-	0.87	0.83	1.62	2.18	2.71
Current Income Taxes Payable	11.67	0.47	0.53	0.46	3.19	0.5
Current Unearned Revenue	17.02	21.43	23.36	38.42	46.73	25.65
Other Current Liabilities	89.31	125.33	144.01	126.12	189.68	120.72
Total Current Liabilities	514.1	415.66	359.31	454.55	555.39	472.55
Long-Term Debt	36.55	157.08	234.54	118.8	89.65	219.42
Long-Term Leases	1.29	1.29	2.45	4.84	4.3	9.65
Long-Term Unearned Revenue	104.08	106.58	115.42	127.79	126.34	131.46
Long-Term Deferred Tax Liabilities	4.46	4.76	4.07	4.47	2.84	2.81
Other Long-Term Liabilities	-	-	6	4.8	4.54	4.9
Total Liabilities	660.48	685.37	721.8	715.25	783.06	840.79
Common Stock	318	318	318	318	318	318
Additional Paid-In Capital	1,401	1,401	1,401	1,401	1,401	1,401
Retained Earnings	215.51	225.3	280.72	368.12	461.2	551.76
Comprehensive Income & Other	7.04	6.95	6.18	4.58	2.8	2.89
Total Common Equity	1,941	1,951	2,006	2,091	2,183	2,273
Minority Interest	7.58	7.62	8.64	4.18	4.82	5.81
Shareholders' Equity	1,949	1,959	2,014	2,096	2,188	2,279
Total Liabilities & Equity	2,609	2,644	2,736	2,811	2,971	3,120
Total Debt	383.03	359.4	367.61	325.58	329.17	413.78
Net Cash (Debt)	-116.9	-78.93	-97.19	-132.86	-50.92	6.89
Net Cash Per Share	-0.37	-0.25	-0.31	-0.42	-0.16	0.02
Filing Date Shares Outstanding	318	318	318	318	318	318
Total Common Shares Outstanding	318	318	318	318	318	318
Working Capital	148.54	263.99	343.12	236.49	260.69	447.65
Book Value Per Share	6.10	6.14	6.31	6.58	6.86	7.15
Tangible Book Value	1,686	1,693	1,720	1,780	1,863	1,946
Tangible Book Value Per Share	5.30	5.32	5.41	5.60	5.86	6.12
Buildings	-	1,628	1,676	1,663	1,420	1,402
Machinery	-	554.45	535.34	533.41	516.98	520.48
Construction In Progress	-	17.14	33.8	81.96	291.84	252.61