SHE:002910 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	Dec '21 Dec 31, 2021
Cash & Equivalents	278.31	204.7	243.75	235.95	256.42	403.69
Short-Term Investments	-	-	-	-	1.52	-
Cash & Short-Term Investments	278.31	204.7	243.75	235.95	257.94	403.69
Cash Growth	1.78%	-16.02%	3.31%	-8.52%	-36.10%	-52.32%
Accounts Receivable	96.91	106.76	52.39	44.06	65.54	38.98
Other Receivables	10.65	10.78	13.32	4.64	4.67	2.69
Receivables	107.57	117.54	65.71	48.7	70.21	41.67
Inventory	190.24	222.99	223.07	211.41	224.48	176.46
Prepaid Expenses	-	-	0.18	-	-	-
Other Current Assets	11.99	11.3	15.57	13.57	7.94	11.62
Total Current Assets	588.1	556.53	548.28	509.63	560.58	633.44
Property, Plant & Equipment	1,606	1,640	1,741	1,916	2,028	2,051
Long-Term Investments	0.04	0.04	0.04	0.04	0.04	0.04
Other Intangible Assets	87.13	87.86	88.21	91.11	94.29	97.83
Long-Term Deferred Tax Assets	17.53	17.49	23.82	7.6	2.38	2.4
Long-Term Deferred Charges	1.64	1.87	2.61	2.87	2.91	3.5
Other Long-Term Assets	0.68	0.26	4.25	5.36	1.43	22.19
Total Assets	2,301	2,304	2,408	2,532	2,690	2,810
Accounts Payable	142.97	172.76	152.06	175.2	217.78	333.38
Accrued Expenses	6.83	6.49	9.28	11.32	12.16	9.35
Short-Term Debt	665.17	738.48	490.19	540.51	530.62	214.67
Current Portion of Long-Term Debt	67.29	71.15	323.39	204.91	10.21	105
Current Portion of Leases	-	-	5.89	5.9	3.94	5.35
Current Income Taxes Payable	3.87	3.51	1.39	2.33	2.13	2.53
Current Unearned Revenue	9.01	7.96	10.9	15.14	12.31	20.95
Other Current Liabilities	42.07	37.71	30.82	24.07	35.07	41.77
Total Current Liabilities	937.22	1,038	1,024	979.38	824.23	733
Long-Term Debt	308.7	183.22	221.78	210.16	428.19	353.45
Long-Term Leases	33.26	33.79	35.55	38.87	38.97	40.94
Long-Term Unearned Revenue	25.19	25.65	28.83	31.38	32.55	36.49
Long-Term Deferred Tax Liabilities	4.53	4.6	5.37	5.64	5.12	5.3
Other Long-Term Liabilities	0.6	0.6	0.58	0.56	0.52	0.51
Total Liabilities	1,310	1,286	1,316	1,266	1,330	1,170
Common Stock	195.54	195.54	195.54	195.54	196.7	232.38
Additional Paid-In Capital	550.54	545.54	545.54	538.84	545.75	846.83
Retained Earnings	259.97	291.48	365.87	532.08	625.75	575.68
Treasury Stock	-15.13	-15.13	-15.13	-	-8.07	-14.21
Total Common Equity	990.92	1,017	1,092	1,266	1,360	1,641
Minority Interest	0.44	0.47	0.26	-	-	-
Shareholders' Equity	991.37	1,018	1,092	1,266	1,360	1,641
Total Liabilities & Equity	2,301	2,304	2,408	2,532	2,690	2,810
Total Debt	1,074	1,027	1,077	1,000	1,012	719.4
Net Cash (Debt)	-796.12	-821.94	-833.04	-764.39	-754	-315.72
Net Cash Per Share	-4.08	-4.20	-4.31	-3.94	-3.46	-1.36
Filing Date Shares Outstanding	196.93	201.75	193.58	195.54	196.7	232.38
Total Common Shares Outstanding	196.93	201.75	193.58	195.54	196.7	232.38
Working Capital	-349.12	-481.53	-475.65	-469.74	-263.65	-99.56
Book Value Per Share	5.03	5.04	5.64	6.48	6.91	7.06
Tangible Book Value	903.79	929.57	1,004	1,175	1,266	1,543
Tangible Book Value Per Share	4.59	4.61	5.18	6.01	6.44	6.64
Buildings	-	-	1,336	1,326	1,320	1,327
Machinery	-	-	717.44	710.54	672.83	653.02
Construction In Progress	-	-	2.08	3.86	-	1.98

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