SHE:002908 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	312.56	494.47	499.93	524.72	410.49	284.34
Trading Asset Securities	108.26	-	-	-	-	-
Cash & Short-Term Investments	420.82	494.47	499.93	524.72	410.49	284.34
Cash Growth	22.15%	-1.09%	-4.72%	27.83%	44.36%	-6.74%
Accounts Receivable	403.62	403.78	499.05	538	583.5	551.92
Other Receivables	11.54	11.47	16.29	15	14.06	12.13
Receivables	415.16	415.25	515.34	553	597.56	564.05
Inventory	61.42	57.95	74.83	101.77	125.96	123.36
Prepaid Expenses	-	-	0.1	3.36	-	-
Other Current Assets	21.86	17.39	11	9.82	8.07	15.32
Total Current Assets	919.26	985.06	1,101	1,193	1,142	987.07
Property, Plant & Equipment	187.19	175.97	123.58	68.26	33.94	30.48
Long-Term Investments	-	-	0.15	1.54	2.72	3.7
Goodwill	75.12	75.12	82.93	92.51	76.32	80.07
Other Intangible Assets	203.58	205.62	212.09	218.78	222.59	228.78
Long-Term Deferred Tax Assets	24.56	24.11	19.38	19.71	14.28	9.79
Long-Term Deferred Charges	1.99	1.16	1.56	1.38	1.62	2.32
Other Long-Term Assets	1.93	0.97	1.36	1.31	1.45	1.09
Total Assets	1,414	1,468	1,542	1,596	1,495	1,343
Accounts Payable	135.65	164.78	203.4	187.01	157.13	197.26
Accrued Expenses	11.29	23.55	42.27	45.69	50.31	53.02
Short-Term Debt	-	-	-	16.68	-	53.38
Current Portion of Long-Term Debt	6.13	4.26	0.59	-	-	4.66
Current Portion of Leases	-	-	5.52	4.51	8.02	6.96
Current Income Taxes Payable	3.59	11.82	3.22	4.42	5.02	8.25
Current Unearned Revenue	25.42	25.07	55.51	36.52	39.3	41.41
Other Current Liabilities	67.1	72.66	77.04	86.79	82.86	63.61
Total Current Liabilities	249.19	302.14	387.56	381.63	342.64	428.54
Long-Term Debt	44.5	33.85	11.2	-	-	41.31
Long-Term Leases	0.84	-	1.56	4.71	0.19	2.99
Long-Term Unearned Revenue	-	-	-	-	0.01	0.09
Long-Term Deferred Tax Liabilities	0.45	0.47	0.56	0.64	1.84	0.82
Total Liabilities	294.98	336.45	400.88	386.98	344.68	473.75
Common Stock	431.43	431.43	431.43	431.43	308.65	200.93
Additional Paid-In Capital	262.2	261.6	263	288.08	405.86	313.91
Retained Earnings	454.38	464.03	476.42	477.37	434.67	342.89
Treasury Stock	-49.57	-49.57	-49.57	-20.27	-20.27	-1.68
Comprehensive Income & Other	-1	-1	-1	-1	-1	-
Total Common Equity	1,097	1,106	1,120	1,176	1,128	856.06
Minority Interest	21.21	25.07	21.08	33.58	22.41	13.49
Shareholders' Equity	1,119	1,132	1,141	1,209	1,150	869.55
Total Liabilities & Equity	1,414	1,468	1,542	1,596	1,495	1,343
Total Debt	51.47	38.11	18.87	25.9	8.21	109.3
Net Cash (Debt)	369.35	456.36	481.07	498.82	402.28	175.04
Net Cash Growth	12.79%	-5.13%	-3.56%	24.00%	129.82%	-29.10%
Net Cash Per Share	0.86	1.06	1.13	1.16	0.96	0.44
Filing Date Shares Outstanding	430.63	412.14	426.54	431.43	432.11	393.83
Total Common Shares Outstanding	430.63	412.14	426.54	431.43	432.11	393.83
Working Capital	670.07	682.93	713.64	811.04	799.43	558.53
Book Value Per Share	2.55	2.68	2.63	2.72	2.61	2.17
Tangible Book Value	818.74	825.75	825.26	864.32	829.01	547.21
Tangible Book Value Per Share	1.90	2.00	1.93	2.00	1.92	1.39
Machinery	-	-	68.88	70.19	67.26	61.46
Construction In Progress	-	-	99.2	37.65	3.46	1.33

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