SHE:002878 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	338.87	465.6	612.43	1,027	465.42	433.92
Short-Term Investments	-	-	-	-	-	18
Trading Asset Securities	150	120	-	-	-	-
Cash & Short-Term Investments	488.87	585.6	612.43	1,027	465.42	451.92
Cash Growth	-12.83%	-4.38%	-40.36%	120.63%	2.99%	14.11%
Accounts Receivable	637.69	782.37	860.5	796.44	705.85	699.55
Other Receivables	35.85	32.87	3.56	3.72	4.94	13.71
Receivables	673.54	815.23	864.06	800.16	710.79	713.26
Inventory	281.3	298.77	280.08	252.56	172.86	176.93
Other Current Assets	176.82	183.83	228.11	234.06	146.05	153.92
Total Current Assets	1,621	1,883	1,985	2,314	1,495	1,496
Property, Plant & Equipment	349.71	355.72	330.19	43.92	58.63	45.48
Long-Term Investments	28.74	28.74	22.58	26.64	24.98	16.45
Goodwill	-	-	-	170.67	170.67	170.67
Other Intangible Assets	25.18	25.73	13.6	16.57	15.42	13.05
Long-Term Deferred Tax Assets	47.57	48.56	28.3	13.26	5.24	2.18
Long-Term Deferred Charges	15.23	15.55	15.94	4.78	4.49	2.62
Other Long-Term Assets	16.76	18.33	22.93	61.09	21.06	16.94
Total Assets	2,104	2,376	2,418	2,651	1,796	1,763
Accounts Payable	193.49	310.47	322.34	304.77	222.13	355.22
Accrued Expenses	72.43	74.79	128.33	128.92	131.66	123.19
Short-Term Debt	385.54	493.06	444.39	529.81	284.13	251.05
Current Portion of Long-Term Debt	17.67	16.23	6.02	-	-	-
Current Portion of Leases	-	-	13.05	15.54	22.66	14.96
Current Income Taxes Payable	39.32	56.14	0.27	3.1	6.87	10.96
Current Unearned Revenue	54.12	60.55	66.19	61.65	43.7	51.43
Other Current Liabilities	11.6	14.23	20.11	19.63	24.57	7.05
Total Current Liabilities	774.18	1,025	1,001	1,063	735.72	813.85
Long-Term Debt	15	16.5	22.5	-	-	-
Long-Term Leases	28.88	30.8	9.3	10.11	21.15	15.4
Long-Term Unearned Revenue	-	0.6	0.6	1.02	0.42	-
Long-Term Deferred Tax Liabilities	0.71	0.71	0.12	1.18	1.64	1.39
Other Long-Term Liabilities	21.06	20.18	28.58	-	-	-
Total Liabilities	839.83	1,094	1,062	1,076	758.93	830.64
Common Stock	261.99	261.99	261.95	260.99	223.17	221.41
Additional Paid-In Capital	847.58	847.58	845.82	834.04	245.92	198.82
Retained Earnings	149.98	153	258.38	455.51	543.44	456.34
Treasury Stock	-13.52	-13.52	-27.34	-	-	-0.17
Comprehensive Income & Other	3.73	3.89	-1.36	2.1	3.19	0.2
Total Common Equity	1,250	1,253	1,337	1,553	1,016	876.6
Minority Interest	14.13	28.87	18.98	22.2	20.96	56.17
Shareholders' Equity	1,264	1,282	1,356	1,575	1,037	932.77
Total Liabilities & Equity	2,104	2,376	2,418	2,651	1,796	1,763
Total Debt	447.09	556.59	495.26	555.46	327.93	281.41
Net Cash (Debt)	41.78	29.01	117.17	471.39	137.48	170.51
Net Cash Growth	-71.32%	-75.24%	-75.14%	242.87%	-19.37%	-12.23%
Net Cash Per Share	0.15	0.11	0.45	2.19	0.62	0.78
Filing Date Shares Outstanding	302.31	175.87	261.95	260.99	223.17	221.3
Total Common Shares Outstanding	302.31	175.87	261.95	260.99	223.17	221.3
Working Capital	846.35	857.97	983.98	1,250	759.41	682.18
Book Value Per Share	4.13	7.12	5.11	5.95	4.55	3.96
Tangible Book Value	1,225	1,227	1,324	1,365	829.64	692.88
Tangible Book Value Per Share	4.05	6.98	5.05	5.23	3.72	3.13
Buildings	-	-	148.17	-	-	-
Machinery	-	-	53.6	39.91	36.65	31.36

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