SHE:002907 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	296.12	274.34	456.55	437.56	503.53	429.97
Short-Term Investments	-	-	30.35	50	-	-
Trading Asset Securities	310.92	351.22	120.61	-	-	80.61
Cash & Short-Term Investments	607.04	625.55	607.51	487.56	503.53	510.58
Cash Growth	10.86%	2.97%	24.60%	-3.17%	-1.38%	-3.93%
Accounts Receivable	303.37	287.5	272.7	245.46	315.03	238.5
Other Receivables	4.5	5.06	3.06	4.24	9.6	4.33
Receivables	307.86	292.56	275.76	249.71	324.63	242.83
Inventory	130.69	139.03	140.13	151.68	114.76	127.44
Other Current Assets	112.9	71.7	7.95	5.69	14.03	13.25
Total Current Assets	1,158	1,129	1,031	894.64	956.95	894.1
Property, Plant & Equipment	484.07	492	537.74	593.41	621.94	654.21
Long-Term Investments	72.41	72.41	93.65	98.39	84.48	57.05
Other Intangible Assets	202.51	209.39	125.89	107.14	75.26	76.79
Long-Term Deferred Tax Assets	16.53	19.72	17.26	15.69	18.66	16.96
Long-Term Deferred Charges	31.81	33.04	36.97	60.96	44.01	24.89
Other Long-Term Assets	69.29	71.75	74.7	81.23	65.37	47.48
Total Assets	2,035	2,027	1,918	1,851	1,867	1,771
Accounts Payable	70.46	69.56	64.36	55.23	48.04	76.1
Accrued Expenses	7.96	73.95	32.3	29.44	40.29	26.94
Current Portion of Leases	-	0.74	0.09	0.14	0.11	0.13
Current Income Taxes Payable	13.85	5.18	4.62	0.76	1.97	0.18
Current Unearned Revenue	7.68	11.24	9.74	5.69	6.73	4.35
Other Current Liabilities	109.57	103.77	100.93	97.41	114.18	99.27
Total Current Liabilities	247.59	264.44	212.03	188.68	211.32	206.97
Long-Term Debt	-	-	-	-	-	250.92
Long-Term Leases	2.87	3	0.04	0.14	0.06	0.08
Long-Term Unearned Revenue	35.33	37.55	42.99	43.03	43.59	46.33
Long-Term Deferred Tax Liabilities	13.21	14.98	2.48	1.68	1.3	1.27
Total Liabilities	299	319.97	257.55	233.53	256.28	505.56
Common Stock	417.6	417.6	417.6	417.6	417.6	401.69
Additional Paid-In Capital	461.79	461.46	459.33	458.73	454.72	129.12
Retained Earnings	845.27	812.48	782.89	741.66	738.19	659.79
Treasury Stock	-	-	-	-	-	-6.55
Comprehensive Income & Other	-0.28	-0.22	0.18	-0.07	-0.11	81.87
Total Common Equity	1,724	1,691	1,660	1,618	1,610	1,266
Minority Interest	11.74	15.87	-	-	-	-
Shareholders' Equity	1,736	1,707	1,660	1,618	1,610	1,266
Total Liabilities & Equity	2,035	2,027	1,918	1,851	1,867	1,771
Total Debt	40.92	3.74	0.13	0.28	0.17	251.12
Net Cash (Debt)	566.12	621.82	607.39	487.28	503.36	259.45
Net Cash Growth	3.43%	2.38%	24.65%	-3.19%	94.01%	-8.68%
Net Cash Per Share	1.36	1.49	1.45	1.17	1.25	0.65
Filing Date Shares Outstanding	417.72	417.6	417.6	417.6	417.6	401.71
Total Common Shares Outstanding	417.72	417.6	417.6	417.6	417.6	401.69
Working Capital	910.91	864.4	819.31	705.96	745.63	687.13
Book Value Per Share	4.13	4.05	3.98	3.87	3.86	3.15
Tangible Book Value	1,522	1,482	1,534	1,511	1,535	1,189
Tangible Book Value Per Share	3.64	3.55	3.67	3.62	3.68	2.96
Buildings	-	313.01	310.3	310.25	297.72	292.53
Machinery	-	609.89	598.97	582.48	566.85	536.22
Construction In Progress	-	13.19	10.19	25.78	17.52	23.55

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