SHE:002887 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	303.1	322.78	204.58	546.09	1,621	1,283
Short-Term Investments	-	107.19	71.07	293.47	-	230.01
Trading Asset Securities	496.41	615.44	630.63	-	-	-
Cash & Short-Term Investments	799.51	1,045	906.28	839.57	1,621	1,513
Cash Growth	4.89%	15.35%	7.95%	-48.20%	7.14%	49.27%
Accounts Receivable	1,203	1,186	1,063	1,127	1,158	902.65
Other Receivables	1.08	115.75	58.42	62.37	106.59	74.62
Receivables	1,204	1,302	1,122	1,489	1,264	977.27
Inventory	8.52	5.93	5.04	1.44	1.29	1.79
Other Current Assets	242.54	14.77	48	40.04	48.45	94.61
Total Current Assets	2,254	2,368	2,081	2,370	2,935	2,586
Property, Plant & Equipment	29.73	31.61	34.32	52.05	52.34	60.89
Long-Term Investments	68.07	73.73	191.66	160.37	111.74	117.95
Other Intangible Assets	0.51	0.54	0.75	6.29	11.83	17.37
Long-Term Accounts Receivable	-	224.36	1,008	1,024	899.42	751.08
Long-Term Deferred Tax Assets	79.22	80.56	72.49	58.41	53.91	40.12
Long-Term Deferred Charges	0	0	0.01	0.01	0.26	0.53
Other Long-Term Assets	1,579	1,260	674.98	781.42	795.67	832.42
Total Assets	4,011	4,038	4,064	4,453	4,860	4,407
Accounts Payable	132.76	174.82	215.56	326.35	379.6	371.36
Accrued Expenses	33.53	18.9	30.77	15.26	15.82	18.43
Short-Term Debt	-	23.15	67.62	53.45	67	-
Current Portion of Long-Term Debt	-	95.75	83.94	81.54	110.87	105.39
Current Portion of Leases	-	-	0.14	-	0.54	0.53
Current Income Taxes Payable	-	27.05	21.85	14.06	22.96	14.47
Current Unearned Revenue	80.99	82.38	47.13	54.51	152.85	97.95
Other Current Liabilities	263.35	161.05	96.25	105.33	97.22	74.9
Total Current Liabilities	510.63	583.1	563.26	650.5	846.85	683.03
Long-Term Debt	924.79	921.82	1,005	1,326	1,554	1,424
Long-Term Leases	-	-	-	-	-	0.14
Long-Term Deferred Tax Liabilities	60.76	57.95	62.56	53.03	43.12	39.44
Total Liabilities	1,496	1,563	1,630	2,029	2,444	2,147
Common Stock	305.99	305.99	305.99	312	312	312
Additional Paid-In Capital	804.05	804.05	804.04	836.01	836.01	836.03
Retained Earnings	1,279	1,239	1,194	1,171	1,164	1,011
Treasury Stock	-	-	-	-79.73	-79.75	-79.93
Comprehensive Income & Other	64.85	64.85	64.87	121.46	121.32	121.24
Total Common Equity	2,454	2,414	2,369	2,361	2,354	2,200
Minority Interest	60.39	60.99	64.17	62.61	61.72	59.78
Shareholders' Equity	2,515	2,475	2,433	2,423	2,416	2,260
Total Liabilities & Equity	4,011	4,038	4,064	4,453	4,860	4,407
Total Debt	924.79	1,041	1,156	1,461	1,733	1,530
Net Cash (Debt)	-125.28	4.68	-249.93	-621.24	-112	-17.73
Net Cash Per Share	-0.41	0.02	-0.80	-1.97	-0.36	-0.06
Filing Date Shares Outstanding	309.75	305.99	305.99	305.98	294.26	305.97
Total Common Shares Outstanding	309.75	305.99	305.99	305.98	294.26	305.97
Working Capital	1,744	1,785	1,518	1,720	2,088	1,903
Book Value Per Share	7.92	7.89	7.74	7.72	8.00	7.19
Tangible Book Value	2,454	2,414	2,368	2,354	2,342	2,183
Tangible Book Value Per Share	7.92	7.89	7.74	7.69	7.96	7.13
Buildings	-	44.17	44.17	65.89	69.95	74.49
Machinery	-	39.4	35.63	27.14	20.3	19.88

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