SHE:002877 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	118.73	85.29	138.5	50.44	70.73	72.22
Trading Asset Securities	20.02	-	-	100.13	-	-
Cash & Short-Term Investments	138.75	85.29	138.5	150.58	70.73	72.22
Cash Growth	-3.66%	-38.42%	-8.02%	112.90%	-2.06%	13.55%
Accounts Receivable	731.73	750.45	693.19	547.19	565.38	434.49
Other Receivables	45.49	15.34	14.41	16.37	16.57	9.42
Receivables	777.22	765.79	707.6	563.56	581.95	443.91
Inventory	576.21	568.75	557.4	607.5	444.33	339.97
Other Current Assets	30.75	51.74	11.94	16.93	29.92	17.4
Total Current Assets	1,523	1,472	1,415	1,339	1,127	873.5
Property, Plant & Equipment	786.66	799.57	837.21	870.28	860.25	731.36
Other Intangible Assets	71.68	72.49	71.27	73.41	76	77.74
Long-Term Accounts Receivable	-	18.27	34.38	39.88	38.79	25.78
Long-Term Deferred Tax Assets	14.53	14.2	9.49	5.66	17.5	10.79
Long-Term Deferred Charges	0.62	0.75	1.28	-	-	-
Other Long-Term Assets	30.18	11.43	14.18	8.33	5.99	11.53
Total Assets	2,427	2,388	2,383	2,336	2,125	1,731
Accounts Payable	299.28	322.74	297.56	287.7	341.46	279.08
Accrued Expenses	22.76	33.32	32.77	39.4	36.18	32.14
Short-Term Debt	586.13	528.56	337.3	314.55	291.52	232.14
Current Portion of Long-Term Debt	79.68	102.35	251.44	69.51	8.96	2.4
Current Portion of Leases	-	3.38	2.76	1.42	1.66	1.09
Current Income Taxes Payable	12.92	3.23	4.32	9.33	0.07	2.21
Current Unearned Revenue	21.38	17.5	19.73	60.05	38.67	38.01
Other Current Liabilities	68.07	49.94	62.98	51.74	59.06	56.13
Total Current Liabilities	1,090	1,061	1,009	833.7	777.59	643.2
Long-Term Debt	111	109.31	175.77	309.96	417.99	238.64
Long-Term Leases	3.5	2.61	2.71	0.97	1.15	1.03
Long-Term Unearned Revenue	8.56	8.11	10.48	11.65	8.96	9.09
Long-Term Deferred Tax Liabilities	-	-	0.88	7.05	19.7	10.44
Total Liabilities	1,213	1,181	1,199	1,163	1,225	902.41
Common Stock	355.84	355.84	353.87	353.49	332.56	332.53
Additional Paid-In Capital	221.92	221.92	174.76	170.66	12.8	8.56
Retained Earnings	625.55	619.47	603.35	596.56	503.23	436.23
Treasury Stock	-	-	-0.12	-1.05	-1.53	-2.04
Comprehensive Income & Other	10.03	9.99	52.7	53.14	53.02	53.01
Shareholders' Equity	1,213	1,207	1,185	1,173	900.07	828.28
Total Liabilities & Equity	2,427	2,388	2,383	2,336	2,125	1,731
Total Debt	780.31	746.21	769.98	696.42	721.28	475.3
Net Cash (Debt)	-641.56	-660.92	-631.48	-545.84	-650.56	-403.09
Net Cash Per Share	-1.83	-1.88	-1.78	-1.61	-1.94	-1.15
Filing Date Shares Outstanding	355.84	355.84	355.01	352.66	331.3	330.73
Total Common Shares Outstanding	355.84	355.84	355.01	352.66	331.3	330.73
Working Capital	432.72	410.55	406.58	504.87	349.34	230.3
Book Value Per Share	3.41	3.39	3.34	3.33	2.72	2.50
Tangible Book Value	1,142	1,135	1,113	1,099	824.07	750.54
Tangible Book Value Per Share	3.21	3.19	3.14	3.12	2.49	2.27
Buildings	-	674.15	649.42	645.51	420.54	414.08
Machinery	-	489.78	472.62	456.4	441.1	368.51
Construction In Progress	-	36.88	40.07	22.81	192.81	88.09

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