SHE:002879 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	645.2	707.9	499.58	753.33	639.95	811.41
Trading Asset Securities	-	-	-	-	70	-
Cash & Short-Term Investments	645.2	707.9	499.58	753.33	709.95	811.41
Cash Growth	54.85%	41.70%	-33.68%	6.11%	-12.50%	4.15%
Accounts Receivable	743.48	811.53	852.77	683.21	686.74	676.3
Other Receivables	6.09	6.33	9.23	10.4	11.65	10.47
Receivables	749.58	817.86	861.99	693.61	698.4	686.77
Inventory	277.84	251.05	257.41	202.81	217.47	225.33
Other Current Assets	58.16	52.4	55.39	28.28	21.95	8.72
Total Current Assets	1,731	1,829	1,674	1,678	1,648	1,732
Property, Plant & Equipment	689.81	703.47	701.98	534.45	477.7	326.1
Long-Term Investments	1.17	0.81	1.34	21.08	21.04	3.9
Goodwill	60.51	60.51	60.51	-	-	-
Other Intangible Assets	86.82	86.02	88.64	36.62	39.86	42.91
Long-Term Deferred Tax Assets	23.22	22.39	39.33	37.5	30.51	16.03
Long-Term Deferred Charges	2.28	2.54	1.64	0.44	0.12	-
Other Long-Term Assets	1.43	1.36	1.04	11.57	2.78	5.4
Total Assets	2,596	2,706	2,569	2,320	2,220	2,127
Accounts Payable	198.69	255.91	308.3	323.02	313.65	348.3
Accrued Expenses	18.3	170.05	155.91	162.33	125.32	38.88
Short-Term Debt	25.02	90.07	71.17	-	-	-
Current Portion of Long-Term Debt	-	15.14	-	-	-	-
Current Portion of Leases	-	1.89	1.1	2.22	1.44	-
Current Income Taxes Payable	-	5.35	6.18	9.3	1.54	1.21
Current Unearned Revenue	31.92	23.22	20	16.65	10.27	13.49
Other Current Liabilities	178.95	47.56	66.85	11.64	48.44	44.09
Total Current Liabilities	452.88	609.19	629.51	525.16	500.67	445.96
Long-Term Debt	127.5	127.5	-	-	-	-
Long-Term Leases	1.4	1.67	0.44	1.43	3.42	5.09
Long-Term Unearned Revenue	8.06	9.28	12.47	18.03	23.65	31.36
Long-Term Deferred Tax Liabilities	9.61	9.63	12.08	6.07	6.56	9.09
Total Liabilities	599.45	757.27	654.5	550.69	534.3	491.5
Common Stock	193.11	193.11	193.11	193.11	193.11	193.11
Additional Paid-In Capital	668.46	644.93	754.88	737.74	720.11	708.66
Retained Earnings	1,090	1,089	991.97	963.54	920.38	932.27
Treasury Stock	-171.14	-194.69	-220.91	-125.39	-148.13	-198.96
Total Common Equity	1,781	1,732	1,719	1,769	1,685	1,635
Minority Interest	216.04	216.95	195.31	-	-	-
Shareholders' Equity	1,997	1,949	1,914	1,769	1,685	1,635
Total Liabilities & Equity	2,596	2,706	2,569	2,320	2,220	2,127
Total Debt	153.91	236.27	72.71	3.65	4.86	5.09
Net Cash (Debt)	491.29	471.63	426.87	749.68	705.09	806.32
Net Cash Growth	40.82%	10.48%	-43.06%	6.33%	-12.55%	3.49%
Net Cash Per Share	3.41	2.75	2.34	3.95	3.56	4.48
Filing Date Shares Outstanding	135.5	188.86	185	178.8	189.11	179.69
Total Common Shares Outstanding	135.5	186.93	185	178.8	189.11	179.69
Working Capital	1,278	1,220	1,045	1,153	1,147	1,286
Book Value Per Share	13.14	9.27	9.29	9.89	8.91	9.10
Tangible Book Value	1,633	1,586	1,570	1,732	1,646	1,592
Tangible Book Value Per Share	12.05	8.48	8.49	9.69	8.70	8.86
Buildings	-	746.22	694.18	513.62	279.56	276.27
Machinery	-	365.21	342.62	211	201.9	181.31
Construction In Progress	-	0.47	11.17	47.76	201.43	48.07

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