SHE:002885 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	540.26	593.34	476.2	457.58	332.26	198.39
Short-Term Investments	-	-	5.63	5.54	-	3.6
Trading Asset Securities	20.07	20.28	140	217.65	2.55	0.7
Cash & Short-Term Investments	560.33	613.62	621.83	680.77	334.81	202.69
Cash Growth	-22.38%	-1.32%	-8.66%	103.33%	65.19%	-30.59%
Accounts Receivable	1,174	1,256	1,259	933.69	991.21	685.5
Other Receivables	29.69	26.83	23.86	21.09	23.27	18.38
Receivables	1,203	1,282	1,283	954.78	1,014	703.88
Inventory	523.6	528.3	518.42	490.52	499.78	407.91
Prepaid Expenses	-	-	0.9	0.11	-	-
Other Current Assets	52.62	65.48	36.22	41.08	22.53	29.82
Total Current Assets	2,340	2,490	2,460	2,167	1,872	1,344
Property, Plant & Equipment	587.59	599.75	542.94	519	461.74	385.54
Long-Term Investments	23.34	23.34	19.78	-	4.93	-
Other Intangible Assets	15.99	15.89	17.08	19.92	20.7	23.13
Long-Term Deferred Tax Assets	20.72	20.75	23.66	22.11	9.86	10.78
Long-Term Deferred Charges	101.27	84.91	89.1	96.83	13.82	12.86
Other Long-Term Assets	66.37	65.29	93.2	87.04	125.83	93.24
Total Assets	3,155	3,300	3,246	2,912	2,508	1,870
Accounts Payable	904.31	996.36	1,170	853.47	995.7	727.15
Accrued Expenses	33.68	46.26	99.42	70.22	58.26	47.96
Short-Term Debt	406.28	468.31	265.67	293.3	328.14	156.15
Current Portion of Long-Term Debt	39.23	31.49	82.55	18.42	39.88	50.42
Current Portion of Leases	-	-	23.75	16.73	9.85	5.94
Current Income Taxes Payable	7.84	3.62	2.09	1.51	3.28	0.12
Current Unearned Revenue	6.07	11.15	6.34	5.79	2.87	4.02
Other Current Liabilities	78.53	102.46	45.77	52.32	25.32	3.47
Total Current Liabilities	1,476	1,660	1,696	1,312	1,463	995.22
Long-Term Debt	-	-	-	82.49	-	42.13
Long-Term Leases	63.17	62.9	92.47	93.45	90.31	7.61
Long-Term Unearned Revenue	44.44	37.2	32.54	20.97	12.76	15.48
Other Long-Term Liabilities	-	-	2.69	-	-	-
Total Liabilities	1,584	1,760	1,824	1,509	1,566	1,060
Common Stock	270.92	270.92	271.91	272.8	181.44	180
Additional Paid-In Capital	584.15	580.75	588.19	604.66	253.53	240.57
Retained Earnings	691	660.22	581.85	547.38	532.66	395.05
Treasury Stock	-	-	-41.05	-19.85	-21.6	-1.27
Comprehensive Income & Other	-3.3	-0.83	1.36	2.01	1.52	-1.25
Total Common Equity	1,543	1,511	1,402	1,407	947.55	813.1
Minority Interest	28.94	28.98	20.28	-3.51	-5.45	-3.67
Shareholders' Equity	1,572	1,540	1,423	1,403	942.1	809.42
Total Liabilities & Equity	3,155	3,300	3,246	2,912	2,508	1,870
Total Debt	508.68	562.69	464.44	504.4	468.18	262.24
Net Cash (Debt)	51.64	50.92	157.39	176.37	-133.37	-59.56
Net Cash Growth	-58.51%	-67.64%	-10.76%	-	-	-
Net Cash Per Share	0.19	0.19	0.58	0.66	-0.52	-0.24
Filing Date Shares Outstanding	270.94	267.77	269.36	298.56	251.85	251.85
Total Common Shares Outstanding	270.94	267.77	269.36	298.56	251.85	251.85
Working Capital	864.06	830.22	764.47	855.5	408.3	349.09
Book Value Per Share	5.69	5.64	5.21	4.71	3.76	3.23
Tangible Book Value	1,527	1,495	1,385	1,387	926.85	789.97
Tangible Book Value Per Share	5.64	5.58	5.14	4.65	3.68	3.14
Buildings	-	-	317.12	310.31	304.48	316.21
Machinery	-	-	324.89	274.73	202.83	172.48

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